---
title: "Zhiyuan New Energy (300985.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/300985.SZ/norm.md"
symbol: "300985.SZ"
name: "Zhiyuan New Energy"
parent: "https://longbridge.com/en/quote/300985.SZ.md"
datetime: "2026-05-20T22:59:18.593Z"
locales:
  - [en](https://longbridge.com/en/quote/300985.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300985.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300985.SZ/norm.md)
---

# Zhiyuan New Energy (300985.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0603 | -0.4798 | 0.0875 | 0.0399 | 0.1197 |
| ROE | 5.12% | -37.81% | 6.51% | 3.00% | 9.11% |
| Revenue | 484.47M | 491.91M | 389.87M | 390.68M | 424.53M |
| Net income | 11.25M | -88.93M | 16.32M | 7.45M | 22.33M |
| Operating income | 17.71M | -56.79M | 45.12M | -6.89M | 46.78M |
| Gross margin | 10.00% | -4.65% | 17.65% | 7.16% | 17.99% |
| Net margin | 2.32% | -18.08% | 4.19% | 1.91% | 5.26% |
| Profit quality | 43.00% | - | 39.51% | - | -27.75% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 2.60B | 2.53B | 2.52B | 2.62B | 2.63B |
| Leverage | 2.92 | 2.88 | 2.48 | 2.61 | 2.64 |
| BVPS | 4.74 | 4.71 | 5.44 | 5.37 | 5.30 |
| Turnover | 0.6720 | 0.7130 | 0.5478 | 0.4310 | 0.4210 |
| Cash & STI | 96.23M | 116.14M | 177.26M | 181.30M | 180.27M |
| Inv & Rec | 730.40M | 649.24M | 677.88M | 698.47M | 744.35M |
| LT assets | 839.50M | 843.30M | 799.15M | 799.11M | 806.02M |
| Net debt | 960.94M | 973.22M | 844.59M | 892.20M | 774.93M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 41.18M | -176.84M | 114.19M | -22.45M | -168.61M |
| Investing CF | -9.32M | -12.87M | -14.99M | -16.82M | -5.83M |
| Financing CF | -51.71M | 121.40M | -103.24M | 40.31M | 207.59M |
| Free CF | 22.89M | 82.33M | 9.72M | -19.93M | -238.45M |
| OCF coverage | 20.41% | -537.05% | 48.66% | -70.52% | -144.96% |
| Repaid & issued | 144.19M | 197.87M | 120.00M | 60.81M | 324.19M |
| CapEx | -6.06M | -12.88M | -14.99M | -16.82M | -5.83M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.398842CNY. 
Share conversation: 0.398 for 1 | 2024-06-11 | 2024-06-12 | 2024-06-12 |
| Cash Dividend: 
0.12CNY | 2022-07-14 | 2022-07-15 | 2022-07-15 |