---
title: "Kinwong (603228.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603228.SH/norm.md"
symbol: "603228.SH"
name: "Kinwong"
parent: "https://longbridge.com/en/quote/603228.SH.md"
datetime: "2026-05-20T15:31:34.010Z"
locales:
  - [en](https://longbridge.com/en/quote/603228.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603228.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603228.SH/norm.md)
---

# Kinwong (603228.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.2400 | 0.2606 | 0.3204 | 0.3258 | 0.3900 |
| ROE | 7.06% | 8.76% | 9.90% | 11.28% | 11.30% |
| Revenue | 3.89B | 4.23B | 3.99B | 3.75B | 3.34B |
| Net income | 232.69M | 282.85M | 298.57M | 324.73M | 324.82M |
| Operating income | 300.80M | 224.31M | 474.45M | 281.10M | 324.43M |
| Gross margin | 18.76% | 20.00% | 22.82% | 21.03% | 20.78% |
| Net margin | 5.98% | 6.69% | 7.49% | 8.66% | 9.72% |
| Profit quality | 125.34% | 55.55% | 77.19% | 68.05% | 64.93% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 25.38B | 23.73B | 22.76B | 21.29B | 20.34B |
| Leverage | 1.88 | 1.79 | 1.76 | 1.84 | 1.71 |
| BVPS | 13.51 | 13.27 | 12.96 | 12.12 | 12.53 |
| Turnover | 0.6936 | 0.7125 | 0.7073 | 0.7069 | 0.7016 |
| Cash & STI | 3.34B | 2.88B | 3.00B | 2.67B | 3.09B |
| Inv & Rec | 3.01B | 2.52B | 2.29B | 2.04B | 1.87B |
| LT assets | 10.75B | 10.43B | 9.79B | 8.98B | 8.43B |
| Net debt | 650.64M | -390.90M | -895.07M | 96.29M | -808.14M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 240.00M | 403.82M | 614.68M | 413.07M | 499.65M |
| Investing CF | -1.04B | -1.13B | -671.27M | -352.06M | -529.93M |
| Financing CF | 1.25B | 414.61M | 191.80M | -330.61M | 586.26M |
| Free CF | -1.52B | 370.40M | -561.84M | 73.15M | -507.70M |
| OCF coverage | 14.80% | 41.82% | 72.49% | 28.54% | 72.55% |
| Repaid & issued | 1.85B | 434.70M | 463.78M | 579.21M | 710.66M |
| CapEx | -1.27B | -901.53M | -683.34M | -629.88M | -552.81M |

## Distribution Plan

**Dividend Yield**: 1.72

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.55CNY | 2026-05-15 | 2026-05-18 | 2026-05-18 |
| Cash Dividend: 
0.8CNY | 2025-06-10 | 2025-06-11 | 2025-06-11 |
| Cash Dividend: 
0.5CNY | 2024-06-05 | 2024-06-06 | 2024-06-06 |