---
title: "Baosteel (600019.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600019.SH/norm.md"
symbol: "600019.SH"
name: "Baosteel"
parent: "https://longbridge.com/en/quote/600019.SH.md"
datetime: "2026-05-20T19:19:53.302Z"
locales:
  - [en](https://longbridge.com/en/quote/600019.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600019.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600019.SH/norm.md)
---

# Baosteel (600019.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1000 | 0.1097 | 0.1393 | 0.1205 | 0.1100 |
| ROE | 4.29% | 4.65% | 6.04% | 4.81% | 4.82% |
| Revenue | 77.06B | 85.07B | 81.06B | 78.49B | 72.88B |
| Net income | 2.22B | 2.39B | 3.08B | 2.44B | 2.43B |
| Operating income | 3.08B | 2.87B | 3.70B | 3.03B | 3.16B |
| Gross margin | 6.62% | 7.46% | 7.41% | 6.93% | 7.22% |
| Net margin | 2.89% | 2.80% | 3.80% | 3.11% | 3.34% |
| Profit quality | 69.70% | 104.15% | 26.08% | 24.63% | 72.65% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 366.16B | 363.02B | 376.26B | 370.11B | 367.99B |
| Leverage | 1.61 | 1.61 | 1.68 | 1.66 | 1.65 |
| BVPS | 9.36 | 9.64 | 9.24 | 10.04 | 9.18 |
| Turnover | 0.8764 | 0.8724 | 0.8385 | 0.8407 | 0.8454 |
| Cash & STI | 21.78B | 39.53B | 26.61B | 52.75B | 23.82B |
| Inv & Rec | 40.87B | 37.21B | 39.12B | 39.95B | 40.70B |
| LT assets | 165.93B | 165.97B | 165.82B | 165.59B | 165.21B |
| Net debt | 19.33B | 5.87B | 17.78B | 629.39M | 30.58B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 4.42B | 2.75B | 14.20B | 12.29B | 4.36B |
| Investing CF | -2.13B | -5.27B | -3.23B | -7.44B | -6.70B |
| Financing CF | 623.47M | -4.38B | -7.81B | -5.37B | 30.93M |
| Free CF | -18.85B | 31.93B | -25.41B | 43.36B | -37.91B |
| OCF coverage | 34.14% | 25.40% | 113.80% | 50.43% | 39.76% |
| Repaid & issued | 9.36B | 1.73B | 1.70B | 14.91B | 6.51B |
| CapEx | -4.52B | -4.14B | -4.30B | -5.55B | -4.51B |

## Distribution Plan

**Dividend Yield**: 3.63

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.1178CNY | 2025-09-23 | 2025-09-24 | 2025-09-24 |
| Cash Dividend: 
0.09815CNY | 2025-06-10 | 2025-06-11 | 2025-06-11 |
| Cash Dividend: 
0.1076CNY | 2024-09-24 | 2024-09-25 | 2024-09-25 |