---
title: "Hengtong Logistics (603223.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603223.SH/norm.md"
symbol: "603223.SH"
name: "Hengtong Logistics"
parent: "https://longbridge.com/en/quote/603223.SH.md"
datetime: "2026-05-21T01:36:04.720Z"
locales:
  - [en](https://longbridge.com/en/quote/603223.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603223.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603223.SH/norm.md)
---

# Hengtong Logistics (603223.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1300 | 0.2129 | 0.0881 | 0.1066 | 0.0600 |
| ROE | 9.22% | 9.11% | 7.86% | 5.91% | 4.46% |
| Revenue | 337.82M | 310.43M | 381.13M | 355.50M | 313.45M |
| Net income | 93.16M | 90.27M | 76.57M | 56.81M | 42.55M |
| Operating income | 107.59M | 115.96M | 89.89M | 67.06M | 50.32M |
| Gross margin | 37.73% | 46.53% | 28.34% | 24.22% | 24.39% |
| Net margin | 27.58% | 29.08% | 20.09% | 15.98% | 13.57% |
| Profit quality | -82.73% | 14.58% | -27.14% | 77.35% | -53.23% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 5.33B | 5.24B | 5.40B | 5.40B | 5.58B |
| Leverage | 1.29 | 1.30 | 1.35 | 1.38 | 1.43 |
| BVPS | 5.79 | 5.66 | 5.57 | 5.47 | 5.43 |
| Turnover | 0.2538 | 0.2530 | 0.2424 | 0.2746 | 0.3138 |
| Cash & STI | 1.19B | 1.51B | 874.13M | 1.35B | 1.48B |
| Inv & Rec | 426.14M | 43.22M | 749.11M | 225.50M | 217.35M |
| LT assets | 2.54B | 2.55B | 2.52B | 2.58B | 2.60B |
| Net debt | -406.68M | -615.17M | 38.72M | -365.86M | -470.93M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -130.04M | 795.19M | -331.16M | 86.69M | -94.54M |
| Investing CF | -154.17M | -106.43M | -45.90M | -168.22M | -218.67M |
| Financing CF | -112.30M | -79.13M | -66.59M | -23.95M | -24.31M |
| Free CF | -298.63M | 722.37M | -612.06M | -232.46M | -447.80M |
| OCF coverage | -68.26% | 452.50% | -246.68% | 36.17% | -24.48% |
| Repaid & issued | 20.00M | 0.0000 | 0.0000 | 0.0000 | 152.33M |
| CapEx | -58.11M | -109.48M | -61.22M | -169.34M | -225.78M |

## Distribution Plan

**Dividend Yield**: 0.46

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.044CNY | 2025-10-15 | 2025-10-16 | 2025-10-16 |
| Cash Dividend: 
0.05CNY | 2025-04-28 | 2025-04-29 | 2025-04-29 |
| Cash Dividend: 
0.02CNY | 2024-12-04 | 2024-12-05 | 2024-12-05 |