---
title: "Novastar (301589.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/301589.SZ/norm.md"
symbol: "301589.SZ"
name: "Novastar"
parent: "https://longbridge.com/en/quote/301589.SZ.md"
datetime: "2026-05-20T12:57:23.294Z"
locales:
  - [en](https://longbridge.com/en/quote/301589.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/301589.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/301589.SZ/norm.md)
---

# Novastar (301589.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 1.06 | 1.55 | 1.67 | 2.12 | 1.11 |
| ROE | 10.03% | 15.00% | 16.04% | 20.69% | 11.10% |
| Revenue | 706.67M | 1.10B | 881.88M | 911.86M | 621.00M |
| Net income | 95.32M | 142.54M | 151.16M | 191.86M | 102.28M |
| Operating income | 123.70M | 134.29M | 206.72M | 201.82M | 119.71M |
| Gross margin | 58.54% | 49.60% | 59.34% | 56.85% | 59.12% |
| Net margin | 13.49% | 13.01% | 17.14% | 21.04% | 16.47% |
| Profit quality | 146.71% | 36.83% | 132.89% | 105.20% | -325.04% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 5.93B | 5.77B | 5.67B | 5.35B | 5.31B |
| Leverage | 1.55 | 1.53 | 1.48 | 1.44 | 1.43 |
| BVPS | 43.09 | 42.24 | 42.26 | 40.94 | 40.10 |
| Turnover | 0.6397 | 0.6266 | 0.6123 | 0.6136 | 0.5898 |
| Cash & STI | 1.17B | 995.22M | 1.19B | 1.07B | 970.00M |
| Inv & Rec | 1.50B | 1.38B | 1.48B | 1.49B | 1.55B |
| LT assets | 861.11M | 869.85M | 839.54M | 839.66M | 838.31M |
| Net debt | -347.70M | -418.32M | -481.18M | -439.14M | -442.53M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 84.32M | 364.61M | 155.55M | 191.85M | -36.83M |
| Investing CF | -114.55M | -219.12M | -83.01M | -35.32M | -21.35M |
| Financing CF | 157.10M | -351.11M | 38.68M | -60.27M | 8.61M |
| Free CF | -65.05M | 382.49M | 61.21M | 147.90M | -105.64M |
| OCF coverage | 79.15% | 156.48% | 198.76% | 96.31% | -38.38% |
| Repaid & issued | 320.00M | 90.95M | 93.00M | 216.60M | 171.00M |
| CapEx | -32.68M | -23.65M | -28.64M | -20.64M | -24.15M |

## Distribution Plan

**Dividend Yield**: 0.62

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.548815CNY | 2025-08-29 | 2025-09-01 | 2025-09-01 |
| Cash Dividend: 
0.637017CNY | 2025-05-22 | 2025-05-23 | 2025-05-23 |
| Cash Dividend: 
0.21CNY | 2024-12-23 | 2024-12-24 | 2024-12-24 |