---
title: "Menovo (603538.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603538.SH/norm.md"
symbol: "603538.SH"
name: "Menovo"
parent: "https://longbridge.com/en/quote/603538.SH.md"
datetime: "2026-05-20T10:08:44.623Z"
locales:
  - [en](https://longbridge.com/en/quote/603538.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603538.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603538.SH/norm.md)
---

# Menovo (603538.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1300 | 0.0345 | 0.2048 | 0.1000 | 0.1000 |
| ROE | 5.29% | 1.08% | 8.22% | 4.99% | 3.85% |
| Revenue | 337.65M | 386.33M | 439.46M | 400.85M | 276.48M |
| Net income | 31.16M | 6.30M | 46.87M | 27.83M | 21.22M |
| Operating income | 43.98M | -974948.00 | 83.08M | 33.99M | 33.02M |
| Gross margin | 27.12% | 31.42% | 34.00% | 33.01% | 31.42% |
| Net margin | 9.23% | 1.63% | 10.67% | 6.94% | 7.68% |
| Profit quality | -167.99% | -0.78% | 213.81% | 183.25% | -129.58% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 4.60B | 4.85B | 4.75B | 4.67B | 4.64B |
| Leverage | 1.84 | 1.98 | 1.96 | 1.99 | 2.00 |
| BVPS | 10.78 | 10.59 | 10.49 | 10.22 | 10.15 |
| Turnover | 0.3385 | 0.3163 | 0.3291 | 0.3133 | 0.3085 |
| Cash & STI | 641.51M | 918.49M | 697.58M | 645.36M | 679.90M |
| Inv & Rec | 920.80M | 858.72M | 915.67M | 910.07M | 901.24M |
| LT assets | 1.79B | 1.83B | 1.87B | 1.88B | 1.90B |
| Net debt | 665.29M | 584.26M | 594.82M | 574.01M | 696.92M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -26.18M | 125.64M | 38.86M | 18.55M | -25.48M |
| Investing CF | 98.73M | -55.19M | -105.05M | -6.90M | 64.65M |
| Financing CF | -175.31M | 86.60M | -8.06M | -2.81M | 25.99M |
| Free CF | -148.35M | -66.08M | -130.92M | 162.34M | -106.67M |
| OCF coverage | -7.72% | 51.03% | 14.17% | 6.71% | -8.50% |
| Repaid & issued | 138.95M | 280.59M | 243.76M | 243.29M | 317.75M |
| CapEx | -26.18M | -75.99M | -4.60M | -22.14M | -9.35M |

## Distribution Plan

**Dividend Yield**: 0.09

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.05CNY | 2025-06-24 | 2025-06-25 | 2025-06-25 |
| Cash Dividend: 
0.02CNY | 2024-07-12 | 2024-07-15 | 2024-07-15 |
| Cash Dividend: 
0.165CNY | 2023-05-25 | 2023-05-26 | 2023-05-26 |