---
title: "GD HEC CO.,LTD (600673.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600673.SH/norm.md"
symbol: "600673.SH"
name: "GD HEC CO.,LTD"
parent: "https://longbridge.com/en/quote/600673.SH.md"
datetime: "2026-05-19T21:44:59.208Z"
locales:
  - [en](https://longbridge.com/en/quote/600673.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600673.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600673.SH/norm.md)
---

# GD HEC CO.,LTD (600673.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0400 | -0.2189 | 0.1000 | 0.1140 | 0.0950 |
| ROE | 4.97% | -26.53% | 12.21% | 14.43% | 12.19% |
| Revenue | 4.25B | 3.96B | 3.85B | 3.78B | 3.35B |
| Net income | 119.28M | -630.03M | 292.87M | 334.59M | 278.04M |
| Operating income | 280.19M | -23.09M | 526.82M | 358.36M | 411.71M |
| Gross margin | 19.20% | 16.21% | 22.43% | 19.45% | 20.27% |
| Net margin | 2.81% | -15.89% | 7.61% | 8.86% | 8.31% |
| Profit quality | 170.62% | -2.81% | 239.92% | 331.84% | 260.22% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 32.90B | 29.99B | 29.20B | 29.12B | 27.08B |
| Leverage | 3.03 | 2.95 | 2.90 | 2.98 | 2.87 |
| BVPS | 3.30 | 3.13 | 3.24 | 3.22 | 3.10 |
| Turnover | 0.5281 | 0.5396 | 0.5337 | 0.4885 | 0.4777 |
| Cash & STI | 5.81B | 5.25B | 5.83B | 6.45B | 5.02B |
| Inv & Rec | 2.08B | 1.88B | 1.84B | 1.94B | 1.82B |
| LT assets | 9.35B | 9.31B | 9.48B | 9.03B | 9.06B |
| Net debt | 11.65B | 10.13B | 9.07B | 8.80B | 8.24B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 164.22M | 823.20M | 219.58M | 107.99M | 158.22M |
| Investing CF | -661.65M | -2.12B | -941.25M | -144.34M | -632.65M |
| Financing CF | 550.41M | 1.30B | 562.27M | 1.33B | 735.40M |
| Free CF | -1.37B | 2.18B | -1.10B | -101.80M | -1.03B |
| OCF coverage | 7.60% | 12.33% | -202.04% | 2.70% | 7.30% |
| Repaid & issued | 2.17B | 7.00B | -1.65B | 6.13B | 2.75B |
| CapEx | -239.47M | -217.09M | -533.89M | -150.86M | -505.44M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.331CNY | 2024-06-12 | 2024-06-13 | 2024-06-13 |
| Cash Dividend: 
0.2606CNY | 2022-09-09 | 2022-09-13 | 2022-09-13 |
| Cash Dividend: 
0.069015CNY | 2019-05-15 | 2019-05-16 | 2019-05-16 |