---
title: "Changhua (301518.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/301518.SZ/norm.md"
symbol: "301518.SZ"
name: "Changhua"
parent: "https://longbridge.com/en/quote/301518.SZ.md"
datetime: "2026-03-17T07:00:22.978Z"
locales:
  - [en](https://longbridge.com/en/quote/301518.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/301518.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/301518.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/301518.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/301518.SZ/norm.md)


# Changhua (301518.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.2483 | 0.1721 | 0.1300 | 0.1651 | 0.0594 |
| ROE | 9.61% | 6.24% | 5.24% | 7.00% | 2.31% |
| Revenue | 760.26M | 651.42M | 578.96M | 855.01M | 733.67M |
| Net income | 34.94M | 22.43M | 18.70M | 24.76M | 8.11M |
| Operating income | 40.19M | 24.61M | 19.27M | 38.03M | 7.20M |
| Gross margin | 8.41% | 6.56% | 6.07% | 5.20% | 3.59% |
| Net margin | 4.60% | 3.44% | 3.23% | 2.90% | 1.11% |
| Profit quality | -212.07% | 16.70% | -24.40% | 32.90% | 28.94% |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 2.63B | 2.13B | 1.85B | 1.75B | 1.65B |
| Leverage | 1.79 | 1.49 | 1.28 | 1.23 | 1.17 |
| BVPS | 10.58 | 10.33 | 10.32 | 10.19 | 10.06 |
| Turnover | 1.33 | 1.49 | 1.67 | 1.75 | 1.85 |
| Cash & STI | 345.32M | 591.13M | 446.52M | 570.82M | 503.14M |
| Inv & Rec | 137.34M | 125.43M | 205.18M | 118.71M | 156.67M |
| LT assets | 1.61B | 766.07M | 607.75M | 541.72M | 539.41M |
| Net debt | 91.29M | -200.54M | -257.64M | -528.46M | -457.77M |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -18.95M | 147.34M | -79.00M | 115.62M | 24.88M |
| Investing CF | -266.89M | -165.07M | -15.96M | -178.52M | -189.61M |
| Financing CF | 40.27M | 175.14M | 141.96M | -8.37M | 356859.00 |
| Free CF | 61.19M | 66.54M | -344.97M | 180.68M | -158.83M |
| OCF coverage | -6.17% | 63.24% | -36.59% | 224.20% | 15.89% |
| Repaid & issued | 81.37M | 230.27M | 172.72M | 13.50M | 12.00M |
| CapEx | -268.02M | -178.08M | -188.67M | -49.95M | -145.19M |

## Distribution Plan

**Dividend Yield**: 0.38

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.165761CNY | 2025-06-25 | 2025-06-26 | 2025-06-26 |
| Cash Dividend: 
0.5CNY | 2024-06-06 | 2024-06-07 | 2024-06-07 |