---
title: "Quectel (603236.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603236.SH/norm.md"
symbol: "603236.SH"
name: "Quectel"
parent: "https://longbridge.com/en/quote/603236.SH.md"
datetime: "2026-05-20T08:17:09.406Z"
locales:
  - [en](https://longbridge.com/en/quote/603236.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603236.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603236.SH/norm.md)
---

# Quectel (603236.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.4900 | 0.3977 | 0.9998 | 0.9899 | 0.8100 |
| ROE | 8.16% | 7.29% | 23.51% | 23.98% | 20.46% |
| Revenue | 6.75B | 6.45B | 6.33B | 6.33B | 5.22B |
| Net income | 141.33M | 103.60M | 262.33M | 259.25M | 211.89M |
| Operating income | 183.50M | -51.85M | 402.41M | 223.89M | 262.14M |
| Gross margin | 17.09% | 14.82% | 18.68% | 16.65% | 17.81% |
| Net margin | 2.09% | 1.61% | 4.14% | 4.10% | 4.06% |
| Profit quality | -43.53% | -36.51% | 5594.81% | -121.46% | -42.07% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 18.95B | 16.91B | 14.65B | 13.91B | 13.69B |
| Leverage | 2.72 | 2.48 | 3.26 | 3.17 | 3.24 |
| BVPS | 24.31 | 23.81 | 17.28 | 16.82 | 16.23 |
| Turnover | 1.58 | 1.63 | 1.76 | 1.73 | 1.56 |
| Cash & STI | 2.47B | 2.38B | 894.11M | 1.09B | 1.19B |
| Inv & Rec | 6.55B | 5.52B | 4.78B | 4.61B | 4.57B |
| LT assets | 2.44B | 2.62B | 2.70B | 2.45B | 2.42B |
| Net debt | 804.94M | 300.05M | 2.48B | 1.96B | 1.63B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -421.52M | 142.03M | 7.19M | -184.34M | -623.08M |
| Investing CF | -319.01M | -217.87M | -385.52M | -14.17M | -123.52M |
| Financing CF | 588.24M | 1.52B | 179.20M | 104.75M | 100.23M |
| Free CF | -519.58M | -57.57M | -674.68M | -87.80M | -884.88M |
| OCF coverage | -529.73% | 10.91% | 0.85% | -19.17% | -104.43% |
| Repaid & issued | 599.66M | 376.22M | 706.37M | 1.03B | 609.67M |
| CapEx | -69.33M | -181.74M | -362.57M | -19.78M | -104.41M |

## Distribution Plan

**Dividend Yield**: 1.19

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.55CNY | 2025-08-27 | 2025-08-28 | 2025-08-28 |
| Cash Dividend: 
0.42CNY | 2025-06-03 | 2025-06-04 | 2025-06-04 |
| Cash Dividend: 
0.26CNY | 2024-09-25 | 2024-09-26 | 2024-09-26 |