---
title: "ZHUZHOU SMELTER (600961.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600961.SH/norm.md"
symbol: "600961.SH"
name: "ZHUZHOU SMELTER"
parent: "https://longbridge.com/en/quote/600961.SH.md"
datetime: "2026-05-21T03:27:12.310Z"
locales:
  - [en](https://longbridge.com/en/quote/600961.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600961.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600961.SH/norm.md)
---

# ZHUZHOU SMELTER (600961.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 1.06 | 0.2398 | 0.2399 | 0.2702 | 0.2400 |
| ROE | 86.58% | 23.28% | 23.78% | 26.77% | 24.99% |
| Revenue | 7.01B | 6.20B | 5.64B | 5.61B | 4.80B |
| Net income | 1.14B | 267.13M | 272.65M | 308.53M | 276.92M |
| Operating income | 1.43B | 580.38M | 433.28M | 403.39M | 354.43M |
| Gross margin | 24.09% | 7.96% | 14.26% | 10.67% | 12.04% |
| Net margin | 16.32% | 4.31% | 4.84% | 5.50% | 5.77% |
| Profit quality | 94.30% | 244.42% | 84.29% | 82.57% | 59.05% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 10.10B | 9.49B | 8.95B | 9.28B | 9.63B |
| Leverage | 1.69 | 1.96 | 1.94 | 1.91 | 2.07 |
| BVPS | 4.71 | 3.65 | 3.42 | 3.18 | 2.90 |
| Turnover | 2.48 | 2.39 | 2.39 | 2.32 | 2.19 |
| Cash & STI | 1.37B | 829.78M | 1.19B | 1.32B | 977.57M |
| Inv & Rec | 2.17B | 2.25B | 1.75B | 1.78B | 1.84B |
| LT assets | 4.07B | 4.11B | 4.13B | 4.18B | 4.26B |
| Net debt | -154.02M | 1.14B | 201.05M | 464.18M | 883.62M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 1.52B | 237.46M | 514.05M | 488.52M | 600.23M |
| Investing CF | -758.45M | -511.04M | -157.61M | -21.65M | 67.26M |
| Financing CF | -290.51M | -81.52M | -488.55M | -120.73M | -67.70M |
| Free CF | 949.12M | -477.41M | 479.19M | 563.87M | 583.81M |
| OCF coverage | 371.65% | 13.01% | 207.61% | 46.62% | 124.50% |
| Repaid & issued | 90.00M | 1.42B | -18.00M | 810.00M | 440.00M |
| CapEx | -43.45M | -54.43M | -47.30M | -20.30M | -74.75M |