---
title: "Smartwin (301106.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/301106.SZ/norm.md"
symbol: "301106.SZ"
name: "Smartwin"
parent: "https://longbridge.com/en/quote/301106.SZ.md"
datetime: "2026-03-10T02:17:38.725Z"
locales:
  - [en](https://longbridge.com/en/quote/301106.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/301106.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/301106.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/301106.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/301106.SZ/norm.md)


# Smartwin (301106.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.2425 | 0.2883 | 0.2447 | 0.1707 | 0.2393 |
| ROE | 7.80% | 9.37% | 8.02% | 5.71% | 8.16% |
| Revenue | 225.05M | 266.80M | 194.69M | 222.28M | 195.76M |
| Net income | 24.64M | 29.30M | 24.87M | 17.34M | 24.32M |
| Operating income | 22.02M | 26.70M | 24.95M | 2.33M | 28.01M |
| Gross margin | 20.61% | 21.63% | 22.33% | 14.66% | 26.01% |
| Net margin | 10.95% | 10.98% | 12.77% | 7.80% | 12.42% |
| Profit quality | 51.20% | 53.30% | 99.72% | 11.83% | 31.00% |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 1.64B | 1.60B | 1.49B | 1.52B | 1.44B |
| Leverage | 1.28 | 1.28 | 1.19 | 1.24 | 1.19 |
| BVPS | 12.53 | 12.27 | 12.35 | 12.08 | 11.86 |
| Turnover | 0.5914 | 0.5858 | 0.5985 | 0.5735 | 0.5457 |
| Cash & STI | 568.44M | 576.35M | 639.80M | 619.59M | 618.57M |
| Inv & Rec | 135.37M | 128.11M | 127.62M | 121.29M | 132.38M |
| LT assets | 316.08M | 293.44M | 288.96M | 291.00M | 265.89M |
| Net debt | -526.37M | -555.11M | -630.60M | -616.69M | -617.67M |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 43.00M | 50.10M | 25.02M | 19.73M | 90.35M |
| Investing CF | -44.06M | -344.18M | -112.00M | 175.30M | 119.59M |
| Financing CF | 26.23M | -28.61M | 9.14M | 2.01M | 2.90M |
| Free CF | -84.48M | 58.16M | -17.92M | 22.26M | 47.71M |
| OCF coverage | 60.40% | 62.35% | 160.17% | 65.02% | 2144.29% |
| Repaid & issued | 30.00M | 10.00M | - | - | - |
| CapEx | -71.05M | -39.70M | -15.62M | -30.34M | -6.21M |

## Distribution Plan

**Dividend Yield**: 1.17

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.4CNY | 2025-05-28 | 2025-05-29 | 2025-05-29 |
| Cash Dividend: 
0.4CNY. 
Share conversation: 0.4 for 1 | 2024-05-23 | 2024-05-24 | 2024-05-24 |
| Cash Dividend: 
0.6CNY | 2023-05-15 | 2023-05-16 | 2023-05-16 |