---
title: "SPC (600688.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600688.SH/norm.md"
symbol: "600688.SH"
name: "SPC"
parent: "https://longbridge.com/en/quote/600688.SH.md"
datetime: "2026-05-19T23:15:02.290Z"
locales:
  - [en](https://longbridge.com/en/quote/600688.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600688.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600688.SH/norm.md)
---

# SPC (600688.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0390 | -0.0943 | 0.0029 | -0.0379 | -0.0080 |
| ROE | 7.12% | -16.90% | 0.50% | -6.05% | -1.44% |
| Revenue | 17.66B | 16.68B | 19.36B | 20.00B | 19.52B |
| Net income | 415.17M | -1.00B | 30.59M | -372.29M | -89.84M |
| Operating income | 568.10M | -1.09B | 381.99M | -609.77M | -117.54M |
| Gross margin | 20.87% | 10.97% | 19.74% | 14.00% | 16.96% |
| Net margin | 2.35% | -6.00% | 0.16% | -1.86% | -0.46% |
| Profit quality | -72.09% | - | 20.23% | - | -6.55% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 42.26B | 39.88B | 41.86B | 41.97B | 41.24B |
| Leverage | 1.72 | 1.72 | 1.72 | 1.72 | 1.65 |
| BVPS | 2.23 | 2.19 | 2.30 | 2.31 | 2.36 |
| Turnover | 1.77 | 1.85 | 1.84 | 1.96 | 2.11 |
| Cash & STI | 6.96B | 7.52B | 9.64B | 8.43B | 12.04B |
| Inv & Rec | 4.69B | 5.74B | 6.49B | 6.97B | 5.91B |
| LT assets | 19.21B | 16.56B | 14.92B | 14.75B | 14.97B |
| Net debt | -3.83B | -6.70B | -9.09B | -8.04B | -11.85B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -788.05M | -673.59M | 1.89B | -1.01B | 1.79B |
| Investing CF | -895.19M | -1.71B | -612.06M | -2.74B | 3.31B |
| Financing CF | 1.09B | 253.05M | -62.16M | 141.79M | -1.13B |
| Free CF | -2.39B | -70.09M | -100.78M | -542.72M | 423.93M |
| OCF coverage | -79.68% | -37.84% | 232.76% | -246.78% | 85.89% |
| Repaid & issued | 582.59M | 270.64M | 154.56M | 318.89M | - |
| CapEx | -900.07M | -1.76B | -601.33M | -398.52M | -577.95M |

## Distribution Plan

**Dividend Yield**: 0.68

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.02CNY | 2025-07-23 | 2025-07-24 | 2025-07-24 |
| Cash Dividend: 
0.1CNY | 2022-07-27 | 2022-07-28 | 2022-07-28 |
| Cash Dividend: 
0.1CNY | 2021-07-19 | 2021-07-20 | 2021-07-20 |