---
title: "KDL (002850.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002850.SZ/norm.md"
symbol: "002850.SZ"
name: "KDL"
parent: "https://longbridge.com/en/quote/002850.SZ.md"
datetime: "2026-05-20T23:07:46.203Z"
locales:
  - [en](https://longbridge.com/en/quote/002850.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002850.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002850.SZ/norm.md)
---

# KDL (002850.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 1.65 | 2.03 | 1.52 | 1.39 | 1.42 |
| ROE | 13.54% | 17.78% | 13.33% | 12.45% | 12.93% |
| Revenue | 4.14B | 4.61B | 3.96B | 3.62B | 3.02B |
| Net income | 461.14M | 579.35M | 415.31M | 382.06M | 387.31M |
| Operating income | 533.54M | 707.59M | 572.97M | 460.87M | 463.50M |
| Gross margin | 21.17% | 24.36% | 24.21% | 22.82% | 22.20% |
| Net margin | 11.13% | 12.57% | 10.49% | 10.55% | 12.82% |
| Profit quality | 241.38% | -2585.01% | 115.51% | 61.12% | 68.30% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 24.12B | 23.03B | 21.48B | 20.44B | 19.95B |
| Leverage | 1.73 | 1.72 | 1.69 | 1.67 | 1.61 |
| BVPS | 50.33 | 48.64 | 46.38 | 44.71 | 45.03 |
| Turnover | 0.7412 | 0.7231 | 0.7108 | 0.7015 | 0.6771 |
| Cash & STI | 4.06B | 3.95B | 3.87B | 3.58B | 3.51B |
| Inv & Rec | 1.00B | 988.06M | 801.66M | 833.86M | 848.42M |
| LT assets | 7.63B | 7.36B | 7.37B | 7.37B | 7.26B |
| Net debt | -2.44B | -2.44B | -2.39B | -2.09B | -1.97B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 221.03M | -27.37M | 496.04M | 754.02M | 678.59M |
| Investing CF | -527.85M | -111.21M | -165.90M | -651.33M | -538.10M |
| Financing CF | 192.93M | 127.42M | 12.19M | -587.51M | 145.51M |
| Free CF | -300.71M | 519.47M | -383.72M | 889.23M | 254.09M |
| OCF coverage | 41.20% | -11.96% | 273.55% | 95.24% | 256.78% |
| Repaid & issued | 99.96M | 8.35M | 0.0000 | 8.00M | - |
| CapEx | -536.38M | -192.02M | -187.95M | -181.71M | -193.51M |

## Distribution Plan

**Dividend Yield**: 0.95

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
2CNY | 2025-05-29 | 2025-05-30 | 2025-05-30 |
| Cash Dividend: 
1.5CNY | 2024-05-23 | 2024-05-24 | 2024-05-24 |
| Cash Dividend: 
0.3CNY | 2023-05-18 | 2023-05-19 | 2023-05-19 |