---
title: "Inovance Automotive (301656.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/301656.SZ/norm.md"
symbol: "301656.SZ"
name: "Inovance Automotive"
parent: "https://longbridge.com/en/quote/301656.SZ.md"
datetime: "2026-03-16T05:23:19.672Z"
locales:
  - [en](https://longbridge.com/en/quote/301656.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/301656.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/301656.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/301656.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/301656.SZ/norm.md)


# Inovance Automotive (301656.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1297 | 0.1297 | 0.1569 | 0.1569 | 0.0650 |
| ROE | 20.15% | 21.35% | 26.94% | 28.93% | 13.65% |
| Revenue | 4.57B | 4.57B | 5.06B | 5.06B | 3.03B |
| Net income | 274.51M | 274.51M | 325.66M | 325.66M | 142.30M |
| Operating income | 262.59M | 262.59M | 373.93M | 373.93M | 140.30M |
| Gross margin | 15.57% | 15.57% | 15.56% | 15.56% | 14.15% |
| Net margin | 6.00% | 6.00% | 6.43% | 6.43% | 4.70% |
| Profit quality | 54.85% | 54.85% | 34.46% | 34.46% | 58.13% |

## Balance Sheet (CNY)

| Indicator | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 19.58B | 19.58B | 18.07B | 18.07B | 12.97B |
| Leverage | 3.59 | 3.59 | 3.74 | 3.74 | 3.11 |
| BVPS | 2.57 | 2.57 | 2.29 | 2.29 | 1.97 |
| Turnover | - | - | 1.07 | - | - |
| Cash & STI | 3.42B | 3.42B | 3.28B | 3.28B | 1.96B |
| Inv & Rec | 3.57B | 3.57B | 3.02B | 3.02B | 2.49B |
| LT assets | 4.32B | 4.32B | 3.18B | 3.18B | 2.62B |
| Net debt | -1.61B | -1.61B | -2.23B | -2.23B | -1.41B |

## Cash Flow Statement (CNY)

| Indicator | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 478.78M | 478.78M | 1.08B | 1.08B | 241.33M |
| Investing CF | -882.99M | -882.99M | -1.20B | -1.20B | -282.70M |
| Financing CF | 212.73M | 212.73M | 234.98M | 234.98M | 92.12M |
| Free CF | -103.73M | 113.91M | -143.85M | 766.25M | -33.30M |
| OCF coverage | 78.30% | 78.30% | 155.13% | 155.13% | 68.72% |
| Repaid & issued | 421.13M | 421.13M | 465.53M | 465.53M | 245.63M |
| CapEx | -403.03M | -403.03M | -478.79M | -478.79M | -197.68M |