--- title: "Meichen Technology Group (300237.SZ) — Financial Reports" type: "Symbol" locale: "en" url: "https://longbridge.com/en/quote/300237.SZ/norm.md" symbol: "300237.SZ" name: "Meichen Technology Group" parent: "https://longbridge.com/en/quote/300237.SZ.md" datetime: "2026-05-21T05:57:43.486Z" locales: - [en](https://longbridge.com/en/quote/300237.SZ/norm.md) - [zh-CN](https://longbridge.com/zh-CN/quote/300237.SZ/norm.md) - [zh-HK](https://longbridge.com/zh-HK/quote/300237.SZ/norm.md) --- # Meichen Technology Group (300237.SZ) — Financial Reports ## Income Statement (CNY) | Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | | --- | --- | --- | --- | --- | --- | | EPS | -0.0100 | -0.1493 | -0.0762 | -0.0300 | -0.0300 | | ROE | -80.57% | 1439.12% | 460.23% | -540.41% | -589.84% | | Revenue | 481.07M | 447.90M | 481.50M | 458.17M | 404.94M | | Net income | -10.00M | -215.69M | -94.45M | -43.29M | -48.39M | | Operating income | 19.15M | -45.88M | -73.54M | -11.60M | -16.38M | | Gross margin | 14.54% | -9.08% | 12.12% | 10.14% | 7.61% | | Net margin | -2.08% | -48.16% | -19.62% | -9.45% | -11.95% | | Profit quality | 50.53% | -29.55% | -123.54% | -43.19% | - | ## Balance Sheet (CNY) | Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | | --- | --- | --- | --- | --- | --- | | A&L | 4.37B | 4.51B | 5.21B | 5.41B | 5.43B | | Leverage | 27.09 | 25.89 | -88.07 | 41.85 | 30.72 | | BVPS | 0.0310 | 0.0379 | -0.1211 | 0.0072 | 0.0372 | | Turnover | 0.3811 | 0.3624 | 0.2768 | 0.2602 | 0.2495 | | Cash & STI | 47.62M | 34.48M | 66.90M | 44.56M | 48.53M | | Inv & Rec | 322.12M | 372.40M | 321.84M | 308.72M | 343.39M | | LT assets | 947.04M | 961.75M | 973.38M | 988.63M | 1.00B | | Net debt | 1.92B | 1.91B | 2.75B | 2.78B | 2.84B | ## Cash Flow Statement (CNY) | Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | | --- | --- | --- | --- | --- | --- | | Operating CF | 37.90M | 155.26M | 59.53M | 26.86M | -2.53M | | Investing CF | 4.44M | -66.42M | 9.30M | 38.77M | 2.29M | | Financing CF | -27.71M | -116.76M | -42.30M | -75.32M | -30.22M | | Free CF | -9.94M | 738.79M | 561.21M | 123.97M | -530.53M | | OCF coverage | 34.38% | 7.75% | 18.31% | 11.55% | -1.62% | | Repaid & issued | 82.00M | 1.89B | 282.60M | 158.90M | 122.14M | | CapEx | -509107.00 | -4.12M | -307870.00 | -1.46M | -4.03M | ## Distribution Plan ### Dividend History | Description | Record Date | Ex-Date | Payment Date | |-------------|-------------|---------|--------------| | Cash Dividend: 0.005953CNY | 2021-07-01 | 2021-07-02 | 2021-07-02 | | Cash Dividend: 0.08CNY. Share conversation: 0.8 for 1 | 2018-05-16 | 2018-05-17 | 2018-05-17 |