---
title: "China Spacesat (600118.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600118.SH/norm.md"
symbol: "600118.SH"
name: "China Spacesat"
parent: "https://longbridge.com/en/quote/600118.SH.md"
datetime: "2026-05-20T00:16:03.130Z"
locales:
  - [en](https://longbridge.com/en/quote/600118.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600118.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600118.SH/norm.md)
---

# China Spacesat (600118.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0400 | 0.0175 | 0.0383 | -0.0077 | -0.0200 |
| ROE | -2.69% | 1.30% | 2.86% | -0.40% | -1.52% |
| Revenue | 609.14M | 3.00B | 1.78B | 879.21M | 441.75M |
| Net income | -42.69M | 20.75M | 45.30M | -6.38M | -24.11M |
| Operating income | -46.38M | 17.64M | 3.78M | -30.54M | -24.65M |
| Gross margin | 14.02% | 5.67% | 7.30% | 11.08% | 16.02% |
| Net margin | -7.01% | 0.69% | 2.54% | -0.73% | -5.46% |
| Profit quality | - | 2.55% | -1.37% | -17.53% | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 13.29B | 13.20B | 14.31B | 13.76B | 13.43B |
| Leverage | 1.65 | 1.63 | 1.77 | 1.71 | 1.67 |
| BVPS | 5.93 | 5.38 | 5.37 | 5.33 | 5.34 |
| Turnover | 0.4694 | 0.4617 | 0.4722 | 0.4005 | 0.3909 |
| Cash & STI | 1.76B | 1.89B | 1.56B | 1.74B | 1.49B |
| Inv & Rec | 2.63B | 2.47B | 2.69B | 2.82B | 2.51B |
| LT assets | 1.20B | 1.24B | 1.16B | 1.19B | 1.23B |
| Net debt | -918.32M | -1.07B | -669.08M | -974.49M | -913.29M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -148.80M | 691.37M | -276.02M | 174.15M | -226.17M |
| Investing CF | -8.34M | -696.93M | -29.33M | -27.31M | -9.04M |
| Financing CF | 25.84M | -117.95M | 119.40M | 106.09M | -30.54M |
| Free CF | -193.67M | 853.90M | -551.42M | 184.53M | -269.67M |
| OCF coverage | -164.29% | 130.19% | -169.25% | 101.92% | -251.34% |
| Repaid & issued | 111.78M | 200.79M | 331.99M | 243.00M | 57.03M |
| CapEx | -8.34M | -143.12M | -31.70M | -27.34M | -9.04M |

## Distribution Plan

**Dividend Yield**: 0.01

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.01CNY | 2025-06-26 | 2025-06-27 | 2025-06-27 |
| Cash Dividend: 
0.04CNY | 2024-06-27 | 2024-06-28 | 2024-06-28 |
| Cash Dividend: 
0.075CNY | 2023-06-08 | 2023-06-09 | 2023-06-09 |