---
title: "QUN XING (002575.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002575.SZ/norm.md"
symbol: "002575.SZ"
name: "QUN XING"
parent: "https://longbridge.com/en/quote/002575.SZ.md"
datetime: "2026-03-03T20:10:31.416Z"
locales:
  - [en](https://longbridge.com/en/quote/002575.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002575.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002575.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/002575.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/002575.SZ/norm.md)


# QUN XING (002575.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0092 | -0.0032 | -0.0300 | -0.0089 | -0.0163 |
| ROE | -2.07% | -0.97% | -7.26% | -3.90% | -1.81% |
| Revenue | 105.18M | 102.71M | 72.82M | 140.03M | 102.66M |
| Net income | -4.29M | -2.01M | -15.05M | -8.08M | -3.72M |
| Operating income | -3.81M | -6.82M | -19.49M | -14.26M | -5.57M |
| Gross margin | 8.40% | 6.36% | -13.97% | 0.21% | 5.73% |
| Net margin | -4.08% | -1.96% | -20.67% | -5.77% | -3.62% |
| Profit quality | -60.11% | -108.92% | -59.69% | - | -346.03% |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 929.34M | 926.59M | 920.54M | 930.63M | 925.79M |
| Leverage | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 |
| BVPS | 1.34 | 1.34 | 1.28 | 1.30 | 1.28 |
| Turnover | 0.4536 | 0.4547 | 0.4556 | 0.4021 | 0.2920 |
| Cash & STI | 85.13M | 79.11M | 73.24M | 30.20M | 206.45M |
| Inv & Rec | 25.44M | 29.41M | 16.61M | 35.03M | 52.02M |
| LT assets | 240.09M | 254.62M | 269.03M | 283.48M | 34.62M |
| Net debt | -70.03M | -63.78M | -57.75M | -14.73M | -194.92M |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 6.34M | 6.26M | 32.65M | -13.44M | 1.61M |
| Investing CF | -19.23M | -26.54M | -20.28M | 170.94M | 114.50M |
| Financing CF | -462895.00 | -198262.00 | -223318.00 | -154.88M | -100.06M |
| Free CF | -54.04M | 26.15M | 18.11M | 121.83M | -132.48M |
| OCF coverage | 64.41% | 870.20% | 14217.54% | -608.12% | -428.63% |
| Repaid & issued | 10.00M | - | - | 0.0000 | 10.00M |
| CapEx | -21628.00 | -394102.00 | -159658.00 | -946831.00 | -265761.00 |