---
title: "Hangzhou Cables (603618.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603618.SH/norm.md"
symbol: "603618.SH"
name: "Hangzhou Cables"
parent: "https://longbridge.com/en/quote/603618.SH.md"
datetime: "2026-05-21T07:04:57.648Z"
locales:
  - [en](https://longbridge.com/en/quote/603618.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603618.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603618.SH/norm.md)
---

# Hangzhou Cables (603618.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1200 | -0.1099 | -0.4728 | 0.0206 | 0.0300 |
| ROE | 11.93% | -11.70% | -36.45% | 2.21% | 2.80% |
| Revenue | 2.20B | 2.56B | 2.36B | 2.54B | 1.98B |
| Net income | 80.84M | -79.33M | -257.18M | 16.54M | 21.28M |
| Operating income | 69.92M | -47.32M | 41.20M | 93.16M | 53.34M |
| Gross margin | 12.29% | 6.40% | 10.75% | 12.27% | 12.55% |
| Net margin | 3.67% | -3.09% | -10.88% | 0.65% | 1.07% |
| Profit quality | -25.17% | -8.27% | -21.36% | -67.32% | -26.92% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 10.85B | 9.99B | 10.25B | 10.87B | 10.36B |
| Leverage | 3.89 | 3.57 | 3.67 | 3.60 | 3.29 |
| BVPS | 3.91 | 3.92 | 3.92 | 4.24 | 4.44 |
| Turnover | 0.9120 | 0.9436 | 0.9006 | 0.8801 | 0.8903 |
| Cash & STI | 1.18B | 891.38M | 828.08M | 1.15B | 1.01B |
| Inv & Rec | 2.01B | 1.52B | 1.76B | 1.76B | 1.83B |
| LT assets | 2.01B | 2.02B | 2.03B | 2.31B | 2.33B |
| Net debt | 4.58B | 4.51B | 4.49B | 4.23B | 4.28B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -277.75M | 572.38M | -192.90M | -138.37M | -198.16M |
| Investing CF | -45.22M | -62.47M | -28.08M | -59.48M | -43.86M |
| Financing CF | 156.79M | -426.08M | 215.77M | 133.23M | 89.42M |
| Free CF | -57.51M | 59.22M | -396.94M | 238.93M | -117.29M |
| OCF coverage | -17.01% | 37.02% | -24.40% | -8.80% | -10.60% |
| Repaid & issued | 1.75B | 1.06B | 983.00M | 1.64B | 1.91B |
| CapEx | -45.25M | -66.51M | -23.20M | -61.64M | -43.97M |

## Distribution Plan

**Dividend Yield**: 0.15

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.06CNY | 2025-05-27 | 2025-05-28 | 2025-05-28 |
| Cash Dividend: 
0.06CNY | 2024-05-24 | 2024-05-27 | 2024-05-27 |
| Cash Dividend: 
0.05CNY | 2023-06-06 | 2023-06-07 | 2023-06-07 |