---
title: "Valiant (002643.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002643.SZ/norm.md"
symbol: "002643.SZ"
name: "Valiant"
parent: "https://longbridge.com/en/quote/002643.SZ.md"
datetime: "2026-05-20T06:22:10.423Z"
locales:
  - [en](https://longbridge.com/en/quote/002643.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002643.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002643.SZ/norm.md)
---

# Valiant (002643.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1000 | -0.0237 | 0.0992 | 0.1370 | 0.0900 |
| ROE | 4.92% | -1.18% | 4.87% | 7.76% | 4.53% |
| Revenue | 1.02B | 890.31M | 956.39M | 1.01B | 861.23M |
| Net income | 87.83M | -21.16M | 87.47M | 138.29M | 79.87M |
| Operating income | 139.70M | -18.98M | 171.82M | 151.36M | 114.47M |
| Gross margin | 35.94% | 31.42% | 40.73% | 39.13% | 37.57% |
| Net margin | 8.65% | -2.38% | 9.15% | 13.71% | 9.27% |
| Profit quality | 104.48% | -17.54% | 43.90% | 32.53% | 91.61% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 11.01B | 10.75B | 10.85B | 10.67B | 10.70B |
| Leverage | 1.38 | 1.35 | 1.36 | 1.35 | 1.36 |
| BVPS | 8.14 | 7.79 | 7.82 | 7.70 | 7.63 |
| Turnover | 0.3565 | 0.3484 | 0.3489 | 0.3405 | 0.3430 |
| Cash & STI | 1.41B | 1.22B | 1.37B | 1.19B | 1.21B |
| Inv & Rec | 1.62B | 1.75B | 1.74B | 1.74B | 1.85B |
| LT assets | 5.27B | 5.25B | 5.14B | 4.99B | 4.91B |
| Net debt | 591.30M | 494.04M | 400.64M | 577.73M | 660.34M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 133.72M | 108.22M | 391.36M | 465.35M | 124.96M |
| Investing CF | -105.85M | -216.33M | -144.80M | -188.54M | -32.12M |
| Financing CF | 256.04M | -112.28M | -46.98M | -320.27M | 101.69M |
| Free CF | -232.70M | 288.81M | -74.67M | 261.01M | -368.99M |
| OCF coverage | 33.38% | 34.69% | 147.33% | 105.24% | 34.84% |
| Repaid & issued | 517.56M | 76.62M | 114.57M | 44.90M | 260.47M |
| CapEx | -166.03M | -157.28M | -144.88M | -188.97M | -202.39M |

## Distribution Plan

**Dividend Yield**: 0.55

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.1CNY | 2025-06-05 | 2025-06-06 | 2025-06-06 |
| Cash Dividend: 
0.3CNY | 2024-06-05 | 2024-06-06 | 2024-06-06 |
| Cash Dividend: 
0.295CNY | 2023-06-08 | 2023-06-09 | 2023-06-09 |