---
title: "Wolong New Energy (600173.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600173.SH/norm.md"
symbol: "600173.SH"
name: "Wolong New Energy"
parent: "https://longbridge.com/en/quote/600173.SH.md"
datetime: "2026-05-20T11:39:48.019Z"
locales:
  - [en](https://longbridge.com/en/quote/600173.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600173.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600173.SH/norm.md)
---

# Wolong New Energy (600173.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0172 | -0.3732 | -0.0085 | 0.0658 | 0.0507 |
| ROE | 1.34% | -28.42% | -0.60% | 4.77% | 3.38% |
| Revenue | 472.47M | 560.10M | 319.56M | 1.05B | 1.10B |
| Net income | 11.92M | -262.72M | -5.80M | 45.46M | 35.04M |
| Operating income | 46.47M | -160.40M | 89.58M | 47.09M | 72.70M |
| Gross margin | 20.80% | -12.80% | 48.34% | 12.56% | 11.94% |
| Net margin | 2.52% | -46.91% | -1.81% | 4.35% | 3.17% |
| Profit quality | 11.73% | -228.08% | 50.66% | 18.81% | 14.58% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 8.63B | 8.59B | 8.55B | 8.20B | 8.10B |
| Leverage | 1.92 | 1.92 | 1.81 | 1.75 | 1.75 |
| BVPS | 5.17 | 5.16 | 5.54 | 5.55 | 5.48 |
| Turnover | 0.2867 | 0.3513 | 0.5879 | 0.7517 | 0.7637 |
| Cash & STI | 539.27M | 460.59M | 548.92M | 548.09M | 441.78M |
| Inv & Rec | 2.80B | 2.75B | 3.03B | 2.99B | 3.13B |
| LT assets | 2.98B | 2.92B | 2.26B | 2.20B | 2.09B |
| Net debt | 1.28B | 1.04B | 672.34M | 438.08M | 497.92M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 396.02M | 70.33M | 176.82M | 250.30M | 498.77M |
| Investing CF | -338.26M | 23.04M | -377.29M | -152.46M | -484.97M |
| Financing CF | -53.03M | -242.67M | 189.75M | 35.48M | -81.07M |
| Free CF | -615.84M | -178.48M | -256.63M | 113.88M | 656.62M |
| OCF coverage | 76.57% | 12.41% | 44.02% | 110.49% | 66.63% |
| Repaid & issued | 512.29M | 342.50M | 269.43M | 119.50M | 570.28M |
| CapEx | -413.75M | -407.70M | -367.55M | -133.67M | -104.82M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.0592CNY | 2024-05-28 | 2024-05-29 | 2024-05-29 |
| Cash Dividend: 
0.1CNY | 2023-05-18 | 2023-05-19 | 2023-05-19 |
| Cash Dividend: 
0.15CNY | 2022-05-18 | 2022-05-19 | 2022-05-19 |