---
title: "SANHE (003037.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/003037.SZ/norm.md"
symbol: "003037.SZ"
name: "SANHE"
parent: "https://longbridge.com/en/quote/003037.SZ.md"
datetime: "2026-05-20T22:42:19.511Z"
locales:
  - [en](https://longbridge.com/en/quote/003037.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/003037.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/003037.SZ/norm.md)
---

# SANHE (003037.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0368 | -0.0647 | 0.0211 | 0.0534 | 0.0580 |
| ROE | - | - | 2.01% | 4.57% | 4.99% |
| Revenue | 1.31B | 1.64B | 1.44B | 1.65B | 1.39B |
| Net income | 21.92M | -33.10M | 14.03M | 31.84M | 34.60M |
| Operating income | 43.83M | 10.76M | 36.90M | 49.49M | 53.20M |
| Gross margin | 13.40% | 8.68% | 10.01% | 13.03% | 11.69% |
| Net margin | 1.68% | -2.02% | 0.97% | 1.93% | 2.49% |
| Profit quality | -16.54% | 4.93% | -24.71% | 156.72% | -40.58% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 6.91B | - | 6.94B | 6.93B | 7.14B |
| Leverage | 2.45 | - | 2.45 | 2.46 | 2.54 |
| BVPS | 4.69 | - | 4.70 | 4.68 | 4.68 |
| Turnover | 0.8598 | - | 0.9181 | 0.9650 | 0.9281 |
| Cash & STI | 1.24B | - | 1.09B | 1.51B | 1.28B |
| Inv & Rec | 461.52M | - | 585.94M | 525.50M | 486.85M |
| LT assets | 2.32B | - | 2.35B | 2.35B | 2.34B |
| Net debt | 1.12B | - | 1.09B | 749.16M | 984.70M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -264.92M | 218.12M | -149.33M | 31.58M | -131.09M |
| Investing CF | -374.93M | 303.32M | -97.37M | 101.72M | -609.35M |
| Financing CF | 207.96M | 162.42M | -114.02M | 50.33M | 138.27M |
| Free CF | - | - | -540.47M | 246.47M | -262.57M |
| OCF coverage | -83.55% | 87.22% | -24.56% | 4.52% | -38.67% |
| Repaid & issued | 414.42M | 254.15M | 345.40M | 670.99M | 394.93M |
| CapEx | -46.80M | -55.78M | -66.00M | -84.92M | -76.00M |

## Distribution Plan

**Dividend Yield**: 0.72

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.049769CNY | 2025-07-08 | 2025-07-09 | 2025-07-09 |
| Cash Dividend: 
0.049769CNY | 2024-06-18 | 2024-06-19 | 2024-06-19 |
| Cash Dividend: 
0.13CNY | 2023-05-11 | 2023-05-12 | 2023-05-12 |