---
title: "FFEC (600203.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600203.SH/norm.md"
symbol: "600203.SH"
name: "FFEC"
parent: "https://longbridge.com/en/quote/600203.SH.md"
datetime: "2026-05-21T02:36:39.111Z"
locales:
  - [en](https://longbridge.com/en/quote/600203.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600203.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600203.SH/norm.md)
---

# FFEC (600203.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0800 | -0.2293 | 0.1103 | 0.1019 | -0.0700 |
| ROE | 11.42% | -32.60% | 15.36% | 15.20% | -9.85% |
| Revenue | 3.96B | 4.55B | 4.01B | 3.33B | 2.01B |
| Net income | 46.42M | -135.87M | 65.28M | 62.37M | -40.29M |
| Operating income | 96.64M | -123.84M | 143.12M | 64.14M | 12.64M |
| Gross margin | 6.15% | 6.16% | 7.61% | 7.60% | 7.11% |
| Net margin | 1.17% | -2.99% | 1.63% | 1.87% | -2.01% |
| Profit quality | -30.33% | -23.24% | -225.90% | 17.00% | -2.94% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 8.99B | 8.90B | 8.53B | 8.56B | 7.76B |
| Leverage | 5.19 | 5.31 | 4.71 | 4.91 | 4.57 |
| BVPS | 2.78 | 2.70 | 2.92 | 2.81 | 2.73 |
| Turnover | 1.89 | 1.67 | 1.48 | 1.33 | 1.36 |
| Cash & STI | 2.01B | 1.63B | 1.33B | 1.82B | 1.36B |
| Inv & Rec | 1.53B | 1.62B | 1.88B | 1.72B | 1.78B |
| LT assets | 1.08B | 1.10B | 1.09B | 1.04B | 977.39M |
| Net debt | 2.13B | 1.67B | 2.07B | 1.69B | 2.04B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -318.66M | 532.77M | -63.35M | 377.32M | -429.74M |
| Investing CF | -11.43M | -122.77M | -36.19M | -31.77M | -31.60M |
| Financing CF | 880.46M | -355.49M | -305.27M | 2.32M | 282.27M |
| Free CF | -595.90M | 603.07M | -563.79M | 439.35M | -438.22M |
| OCF coverage | -35.92% | 31.48% | -13.58% | 25.67% | -43.78% |
| Repaid & issued | 1.76B | 1.29B | 163.26M | 1.41B | 1.26B |
| CapEx | -33.88M | -74.10M | -54.91M | -46.55M | -34.72M |

## Distribution Plan

**Dividend Yield**: 0.16

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.02CNY | 2025-07-30 | 2025-07-31 | 2025-07-31 |