---
title: "GZP (601228.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/601228.SH/norm.md"
symbol: "601228.SH"
name: "GZP"
parent: "https://longbridge.com/en/quote/601228.SH.md"
datetime: "2026-05-20T16:59:02.518Z"
locales:
  - [en](https://longbridge.com/en/quote/601228.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/601228.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/601228.SH/norm.md)
---

# GZP (601228.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0310 | 0.0099 | 0.0260 | 0.0380 | 0.0350 |
| ROE | 4.35% | 1.39% | 3.71% | 5.50% | 5.07% |
| Revenue | 3.01B | 2.75B | 4.25B | 3.49B | 3.45B |
| Net income | 233.13M | 73.84M | 196.08M | 289.63M | 266.24M |
| Operating income | 449.58M | 192.25M | 459.99M | 413.58M | 450.84M |
| Gross margin | 24.27% | 31.67% | 17.84% | 24.02% | 20.90% |
| Net margin | 7.74% | 2.69% | 4.61% | 8.29% | 7.72% |
| Profit quality | 100.75% | 90.04% | 198.41% | 39.09% | 52.23% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 55.40B | 54.27B | 53.20B | 53.62B | 51.49B |
| Leverage | 2.17 | 2.15 | 2.12 | 2.15 | 2.07 |
| BVPS | 2.85 | 2.82 | 2.81 | 2.79 | 2.80 |
| Turnover | 0.2521 | 0.2606 | 0.2976 | 0.2772 | 0.2827 |
| Cash & STI | 6.66B | 6.61B | 6.08B | 6.95B | 5.84B |
| Inv & Rec | 889.33M | 773.37M | 507.29M | 417.92M | 388.73M |
| LT assets | 33.89B | 33.94B | 32.98B | 33.01B | 32.36B |
| Net debt | 15.39B | 14.26B | 14.02B | 13.16B | 13.03B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 446.24M | 213.50M | 231.84M | 1.06B | 863.17M |
| Investing CF | -942.31M | -886.38M | -458.89M | -825.00M | -941.27M |
| Financing CF | 1.06B | 714.07M | -653.20M | 873.71M | -129.96M |
| Free CF | -1.81B | 1.79B | -2.49B | 1.31B | -1.08B |
| OCF coverage | 12.69% | 9.10% | 4.73% | 31.47% | 36.97% |
| Repaid & issued | 3.13B | 2.08B | 3.87B | 3.66B | 1.26B |
| CapEx | -1.44B | -633.42M | -621.17M | -668.15M | -921.63M |

## Distribution Plan

**Dividend Yield**: 1.25

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.039CNY | 2025-08-07 | 2025-08-08 | 2025-08-08 |
| Cash Dividend: 
0.043CNY | 2024-07-11 | 2024-07-12 | 2024-07-12 |
| Cash Dividend: 
0.043CNY | 2023-06-20 | 2023-06-21 | 2023-06-21 |