---
title: "BAOFENG ENERGY (600989.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600989.SH/norm.md"
symbol: "600989.SH"
name: "BAOFENG ENERGY"
parent: "https://longbridge.com/en/quote/600989.SH.md"
datetime: "2026-05-19T20:32:06.385Z"
locales:
  - [en](https://longbridge.com/en/quote/600989.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600989.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600989.SH/norm.md)
---

# BAOFENG ENERGY (600989.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.5000 | 0.3354 | 0.4380 | 0.4513 | 0.3300 |
| ROE | 29.14% | 20.23% | 28.60% | 29.03% | 22.03% |
| Revenue | 13.24B | 12.49B | 12.73B | 12.05B | 10.77B |
| Net income | 3.66B | 2.39B | 3.24B | 3.27B | 2.44B |
| Operating income | 4.31B | 3.25B | 4.17B | 3.78B | 3.28B |
| Gross margin | 37.40% | 31.91% | 38.35% | 37.96% | 35.36% |
| Net margin | 27.66% | 19.21% | 25.40% | 27.23% | 22.62% |
| Profit quality | 77.43% | 99.35% | 74.58% | 82.63% | 96.00% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 94.51B | 90.15B | 90.29B | 89.93B | 92.11B |
| Leverage | 1.81 | 1.86 | 1.96 | 2.01 | 2.03 |
| BVPS | 7.17 | 6.65 | 6.32 | 6.15 | 6.20 |
| Turnover | 0.5413 | 0.5346 | 0.4982 | 0.4530 | 0.4280 |
| Cash & STI | 4.95B | 1.34B | 2.70B | 3.16B | 4.66B |
| Inv & Rec | 1.90B | 1.97B | 1.83B | 1.80B | 1.75B |
| LT assets | 76.87B | 77.19B | 76.60B | 76.52B | 76.66B |
| Net debt | 25.44B | 28.71B | 29.51B | 31.30B | 31.24B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 5.56B | 3.27B | 5.59B | 4.57B | 3.42B |
| Investing CF | -1.70B | -2.36B | -1.77B | 75.80M | -1.83B |
| Financing CF | -236.34M | -2.35B | -4.28B | -5.84B | 407.01M |
| Free CF | 1.25B | 2.64B | 774.57M | 2.07B | -4.76B |
| OCF coverage | 242.67% | 53.97% | 104.25% | 64.20% | 106.56% |
| Repaid & issued | 600.00M | 600.00M | 298.00M | 1.24B | 1.90B |
| CapEx | -1.61B | -2.34B | -1.55B | -924.20M | -1.83B |

## Distribution Plan

**Dividend Yield**: 2.47

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.84CNY | 2026-04-27 | 2026-04-28 | 2026-04-28 |
| Cash Dividend: 
0.28CNY | 2025-09-05 | 2025-09-08 | 2025-09-08 |
| Cash Dividend: 
0.82CNY | 2025-05-12 | 2025-05-13 | 2025-05-13 |