---
title: "HHWW (600172.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600172.SH/norm.md"
symbol: "600172.SH"
name: "HHWW"
parent: "https://longbridge.com/en/quote/600172.SH.md"
datetime: "2026-06-13T13:16:15.398Z"
locales:
  - [en](https://longbridge.com/en/quote/600172.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600172.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600172.SH/norm.md)
---

# HHWW (600172.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0693 | -0.3069 | -0.1605 | -0.0947 | -0.1203 |
| ROE | -75.43% | -220.89% | -81.34% | -41.31% | -46.95% |
| Revenue | 395.49M | 348.85M | 308.33M | 379.35M | 319.89M |
| Net income | -96.53M | -427.28M | -223.50M | -131.85M | -167.41M |
| Operating income | -16.35M | -320.92M | -84.77M | -114.44M | -58.41M |
| Gross margin | 12.13% | -47.92% | 11.50% | -3.83% | 7.97% |
| Net margin | -24.41% | -122.48% | -72.49% | -34.76% | -52.33% |
| Profit quality | -35.02% | - | - | - | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 7.20B | 7.34B | 7.77B | 7.78B | 7.78B |
| Leverage | 13.86 | 11.67 | 7.53 | 6.25 | 5.75 |
| BVPS | 0.3329 | 0.3884 | 0.6846 | 0.8396 | 0.9310 |
| Turnover | 0.1912 | 0.1794 | 0.1700 | 0.1646 | 0.1547 |
| Cash & STI | 68.16M | 270.99M | 341.30M | 322.89M | 353.09M |
| Inv & Rec | 774.25M | 708.11M | 764.91M | 690.18M | 667.34M |
| LT assets | 4.11B | 4.16B | 4.24B | 4.27B | 4.32B |
| Net debt | 3.15B | 5.09B | 4.80B | 4.71B | 4.50B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 46.69M | -16.31M | -35.03M | -13.56M | -85.75M |
| Investing CF | -43.54M | -12.67M | -58.94M | -39.00M | -45.41M |
| Financing CF | -207.80M | -68.72M | 112.36M | 24.28M | 171.87M |
| Free CF | 1.92B | 181.96M | -223.11M | -74.29M | -24.48M |
| OCF coverage | 34.91% | -0.33% | -26.62% | -0.58% | -43.84% |
| Repaid & issued | 131.00M | 5.32B | -183.83M | 2.45B | 153.00M |
| CapEx | -42.24M | 5.07M | -66.04M | -39.00M | -45.41M |