---
title: "HONGYUAN (603185.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603185.SH/norm.md"
symbol: "603185.SH"
name: "HONGYUAN"
parent: "https://longbridge.com/en/quote/603185.SH.md"
datetime: "2026-05-20T18:59:47.693Z"
locales:
  - [en](https://longbridge.com/en/quote/603185.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603185.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603185.SH/norm.md)
---

# HONGYUAN (603185.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.4270 | -0.0720 | 0.7833 | -0.3479 | -0.0910 |
| ROE | -9.63% | -1.59% | 17.98% | -8.04% | -2.09% |
| Revenue | 1.94B | 1.74B | 2.46B | 1.57B | 1.66B |
| Net income | -290.83M | -48.50M | 532.14M | -234.93M | -61.88M |
| Operating income | 83.76M | -447.92M | 718.33M | -324.17M | -48.45M |
| Gross margin | 14.59% | -10.97% | 35.30% | -4.84% | 5.13% |
| Net margin | -15.00% | -2.79% | 21.66% | -14.95% | -3.73% |
| Profit quality | 26.75% | -1274.22% | 121.46% | -152.41% | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 27.07B | 26.81B | 26.82B | 26.52B | 28.21B |
| Leverage | 2.29 | 2.17 | 2.22 | 2.29 | 2.39 |
| BVPS | 17.33 | 18.36 | 17.93 | 17.14 | 17.36 |
| Turnover | 0.2789 | 0.2650 | 0.2596 | 0.2235 | 0.2235 |
| Cash & STI | 9.10B | 9.04B | 7.93B | 7.36B | 8.83B |
| Inv & Rec | 2.51B | 1.97B | 1.27B | 1.78B | 1.77B |
| LT assets | 11.74B | 12.06B | 12.73B | 12.92B | 13.19B |
| Net debt | -5.89B | -5.78B | -5.09B | -4.78B | -6.25B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 313.14M | 35.15M | 591.41M | 212.69M | -588.45M |
| Investing CF | -269.57M | 777.06M | -217.56M | 267.59M | 1.01B |
| Financing CF | 66.39M | -580.64M | -615.93M | -1.15B | -320.90M |
| Free CF | 26.27M | -181.76M | -970.02M | -1.19B | -2.41B |
| OCF coverage | 22.76% | 1.53% | 154.39% | 9.43% | -46.22% |
| Repaid & issued | 977.78M | 957.98M | 437.00M | 721.00M | 795.00M |
| CapEx | -464.54M | 2.92M | -172.63M | -272.69M | -294.02M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.02CNY | 2024-07-12 | 2024-07-15 | 2024-07-15 |
| Cash Dividend: 
0.55CNY | 2023-10-11 | 2023-10-12 | 2023-10-12 |
| Cash Dividend: 
2.43401CNY. 
Share conversation: 0.397 for 1 | 2023-07-06 | 2023-07-07 | 2023-07-07 |