---
title: "HPEC (600312.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600312.SH/norm.md"
symbol: "600312.SH"
name: "HPEC"
parent: "https://longbridge.com/en/quote/600312.SH.md"
datetime: "2026-05-20T11:59:03.128Z"
locales:
  - [en](https://longbridge.com/en/quote/600312.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600312.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600312.SH/norm.md)
---

# HPEC (600312.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.3057 | 0.1014 | 0.2340 | 0.2258 | 0.2641 |
| ROE | 14.48% | 4.86% | 11.32% | 11.20% | 13.46% |
| Revenue | 2.45B | 4.08B | 2.74B | 3.19B | 2.51B |
| Net income | 414.85M | 137.51M | 317.53M | 306.40M | 358.40M |
| Operating income | 488.25M | 210.74M | 394.05M | 342.78M | 420.49M |
| Gross margin | 29.42% | 19.81% | 25.84% | 21.56% | 28.74% |
| Net margin | 16.93% | 3.37% | 11.59% | 9.62% | 14.28% |
| Profit quality | -47.18% | 30.98% | 70.35% | 290.31% | -76.78% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 21.69B | 22.13B | 22.72B | 22.64B | 22.05B |
| Leverage | 1.78 | 1.88 | 1.91 | 1.96 | 1.94 |
| BVPS | 8.60 | 8.29 | 8.39 | 8.15 | 7.99 |
| Turnover | 0.5696 | 0.5707 | 0.5859 | 0.5964 | 0.6061 |
| Cash & STI | 6.07B | 7.18B | 6.94B | 6.49B | 6.49B |
| Inv & Rec | 2.23B | 1.77B | 2.51B | 2.24B | 2.08B |
| LT assets | 2.18B | 2.18B | 2.12B | 2.13B | 2.14B |
| Net debt | -5.99B | -7.10B | -6.90B | -6.44B | -6.45B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -1.03B | 680.17M | 560.10M | 118.07M | -547.68M |
| Investing CF | -62.51M | -180.12M | -51.92M | -35.05M | -17.16M |
| Financing CF | -3.07M | -242.36M | -62.33M | -91.65M | -115.60M |
| Free CF | -1.57B | 660.97M | -88.58M | 225.40M | -776.51M |
| OCF coverage | -1641.64% | 149.71% | 990.34% | 92.74% | -441.56% |
| Repaid & issued | - | 33.20M | - | - | - |
| CapEx | -60.11M | -198.13M | -56.93M | -35.40M | -8.69M |

## Distribution Plan

**Dividend Yield**: 1.15

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.188CNY | 2025-10-16 | 2025-10-17 | 2025-10-17 |
| Cash Dividend: 
0.067CNY | 2025-06-25 | 2025-06-26 | 2025-06-26 |
| Cash Dividend: 
0.084CNY | 2025-01-20 | 2025-01-21 | 2025-01-21 |