---
title: "THD (300397.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/300397.SZ/norm.md"
symbol: "300397.SZ"
name: "THD"
parent: "https://longbridge.com/en/quote/300397.SZ.md"
datetime: "2026-05-20T14:19:04.309Z"
locales:
  - [en](https://longbridge.com/en/quote/300397.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300397.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300397.SZ/norm.md)
---

# THD (300397.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0200 | -0.0312 | -0.0499 | -0.0503 | -0.0600 |
| ROE | 2.98% | -4.87% | -6.92% | -7.41% | -8.08% |
| Revenue | 207.94M | 233.04M | 90.54M | 88.24M | 87.96M |
| Net income | 10.63M | -17.43M | -25.12M | -27.36M | -30.42M |
| Operating income | 11.69M | -10.38M | -21.58M | -24.94M | -32.06M |
| Gross margin | 32.08% | 23.54% | 28.93% | 27.55% | 23.51% |
| Net margin | 5.11% | -7.48% | -27.75% | -31.01% | -34.58% |
| Profit quality | -125.39% | -132.13% | - | - | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 2.66B | 2.60B | 2.57B | 2.55B | 2.51B |
| Leverage | 1.93 | 1.90 | 1.85 | 1.81 | 1.74 |
| BVPS | 2.77 | 2.75 | 2.78 | 2.83 | 2.88 |
| Turnover | 0.2396 | 0.1978 | 0.1554 | 0.1482 | 0.1419 |
| Cash & STI | 171.24M | 130.61M | 144.80M | 128.71M | 157.23M |
| Inv & Rec | 213.51M | 252.59M | 328.21M | 315.92M | 298.19M |
| LT assets | 1.33B | 1.32B | 1.29B | 1.30B | 1.26B |
| Net debt | 591.41M | 573.36M | 562.51M | 544.68M | 469.56M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -9.32M | 7.85M | -16.00M | -58.39M | -23.47M |
| Investing CF | -14.86M | -4.96M | -6.80M | -4.44M | -21.41M |
| Financing CF | 65.03M | -17.01M | 38.85M | 34.23M | 108.89M |
| Free CF | -31.30M | 84.46M | -50.63M | -1.65M | -54.83M |
| OCF coverage | -15.84% | 4.86% | -19.57% | -66.17% | -61.83% |
| Repaid & issued | 124.73M | 122.87M | 123.95M | 116.60M | 125.67M |
| CapEx | -14.87M | -6.56M | -6.84M | -4.48M | -21.43M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.073CNY. 
Share conversation: 0.8 for 1 | 2020-06-16 | 2020-06-17 | 2020-06-17 |