---
title: "SeeWay.ai (002405.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002405.SZ/norm.md"
symbol: "002405.SZ"
name: "SeeWay.ai"
parent: "https://longbridge.com/en/quote/002405.SZ.md"
datetime: "2026-03-04T13:48:42.867Z"
locales:
  - [en](https://longbridge.com/en/quote/002405.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002405.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002405.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/002405.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/002405.SZ/norm.md)


# SeeWay.ai (002405.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.1703 | -0.0677 | -0.0653 | -0.2618 | -0.0567 |
| ROE | -19.05% | -7.39% | -7.02% | -26.75% | -5.49% |
| Revenue | 899.10M | 1.00B | 755.90M | 989.64M | 861.17M |
| Net income | -397.80M | -158.05M | -152.49M | -607.84M | -131.01M |
| Operating income | -353.13M | -100.25M | -131.61M | -343.18M | -81.62M |
| Gross margin | 18.97% | 30.86% | 35.91% | 32.14% | 37.73% |
| Net margin | -44.24% | -15.73% | -20.17% | -61.42% | -15.21% |
| Profit quality | - | - | -340.02% | - | - |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 10.65B | 10.96B | 10.74B | 11.03B | 11.76B |
| Leverage | 1.30 | 1.30 | 1.25 | 1.27 | 1.25 |
| BVPS | 3.51 | 3.63 | 3.69 | 3.75 | 4.03 |
| Turnover | 0.3257 | 0.3133 | 0.3133 | 0.3001 | 0.2649 |
| Cash & STI | 2.31B | 2.49B | 2.52B | 2.58B | 2.73B |
| Inv & Rec | 832.99M | 839.56M | 793.94M | 828.44M | 817.33M |
| LT assets | 743.46M | 758.36M | 778.00M | 790.73M | 765.58M |
| Net debt | -1.43B | -1.64B | -1.83B | -1.84B | -2.35B |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -159.71M | -129.17M | 38.71M | -135.49M | -57.98M |
| Investing CF | -41.98M | -96.25M | -59.17M | -75.99M | -201.63M |
| Financing CF | 20.50M | 177.16M | -35.19M | 66.07M | -124.82M |
| Free CF | -532.25M | 11.42M | -105.53M | -173.22M | -420.46M |
| OCF coverage | -183.53% | -145.88% | 21.70% | -80.13% | -18.11% |
| Repaid & issued | 74.51M | 75.90M | 86.56M | 174.86M | 110.91M |
| CapEx | -48.37M | -72.52M | -59.56M | -84.45M | -105.07M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.006CNY | 2022-06-15 | 2022-06-16 | 2022-06-16 |
| Cash Dividend: 
0.018CNY | 2020-08-06 | 2020-08-07 | 2020-08-07 |
| Cash Dividend: 
0.014CNY. 
Share conversation: 0.5 for 1 | 2019-06-14 | 2019-06-17 | 2019-06-17 |