---
title: "Cedar Development (002485.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002485.SZ/norm.md"
symbol: "002485.SZ"
name: "Cedar Development"
parent: "https://longbridge.com/en/quote/002485.SZ.md"
datetime: "2026-03-11T03:55:23.560Z"
locales:
  - [en](https://longbridge.com/en/quote/002485.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002485.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002485.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/002485.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/002485.SZ/norm.md)


# Cedar Development (002485.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0440 | -0.0242 | -0.0158 | -0.2115 | -0.0306 |
| ROE | -8.06% | -4.34% | -2.81% | -35.86% | -4.94% |
| Revenue | 173.44M | 168.48M | 217.44M | 205.76M | 199.15M |
| Net income | -23.96M | -13.14M | -8.60M | -115.24M | -16.65M |
| Operating income | -65.22M | -45.81M | -2.49M | -21.04M | -82.77M |
| Gross margin | -25.80% | -20.13% | 3.62% | 6.02% | -37.49% |
| Net margin | -13.82% | -7.80% | -3.96% | -56.01% | -8.36% |
| Profit quality | - | - | - | -27.33% | - |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 1.80B | 1.79B | 1.78B | 1.79B | 1.84B |
| Leverage | 1.53 | 1.49 | 1.46 | 1.45 | 1.37 |
| BVPS | 2.16 | 2.21 | 2.25 | 2.26 | 2.46 |
| Turnover | 0.4202 | 0.4389 | 0.4710 | 0.4393 | 0.3610 |
| Cash & STI | 212.62M | 215.00M | 214.35M | 229.88M | 217.33M |
| Inv & Rec | 18.36M | 31.67M | 31.10M | 27.53M | 28.69M |
| LT assets | 318.78M | 318.00M | 317.71M | 317.34M | 319.87M |
| Net debt | -131.57M | -180.38M | -200.16M | -197.43M | 75.51M |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -53.09M | -40.91M | -21.33M | 76.96M | -18.69M |
| Investing CF | 6.35M | 4.40M | 2.58M | 14.12M | 38.02M |
| Financing CF | 49.97M | 27.97M | 2.97M | -72.15M | 13.20M |
| Free CF | -95.10M | -45.88M | 8.03M | 335.53M | -97.79M |
| OCF coverage | -770.23% | -25163.92% | -3352.89% | 1261.66% | -3737.27% |
| Repaid & issued | 50.00M | 28.00M | 3.00M | -71.60M | 13.23M |
| CapEx | -6.89M | -162573.00 | -636023.00 | -4.10M | -500000.00 |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.023CNY | 2019-06-24 | 2019-06-25 | 2019-06-25 |