---
title: "Shanghai Smith Adhesive New Material (603683.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603683.SH/norm.md"
symbol: "603683.SH"
name: "Shanghai Smith Adhesive New Material"
parent: "https://longbridge.com/en/quote/603683.SH.md"
datetime: "2026-05-20T23:07:22.846Z"
locales:
  - [en](https://longbridge.com/en/quote/603683.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603683.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603683.SH/norm.md)
---

# Shanghai Smith Adhesive New Material (603683.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0880 | 0.0860 | 0.0891 | 0.0711 | 0.0720 |
| ROE | 6.12% | 6.21% | 6.65% | 5.16% | 5.60% |
| Revenue | 530.40M | 661.96M | 561.90M | 508.56M | 438.02M |
| Net income | 25.56M | 25.25M | 26.40M | 18.88M | 18.79M |
| Operating income | 21.08M | 21.51M | 35.58M | 19.10M | 25.05M |
| Gross margin | 17.32% | 16.72% | 17.66% | 15.91% | 16.84% |
| Net margin | 4.82% | 3.81% | 4.70% | 3.71% | 4.29% |
| Profit quality | 121.77% | 16.02% | 88.07% | 646.39% | 112.95% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 3.22B | 3.16B | 2.99B | 2.98B | 2.67B |
| Leverage | 1.89 | 1.90 | 1.85 | 1.88 | 1.96 |
| BVPS | 5.85 | 5.70 | 5.60 | 5.46 | 5.19 |
| Turnover | 0.7677 | 0.7594 | 0.7422 | 0.7435 | 0.7856 |
| Cash & STI | 239.57M | 249.41M | 239.50M | 310.03M | 145.10M |
| Inv & Rec | 477.81M | 452.06M | 449.06M | 425.49M | 399.27M |
| LT assets | 1.46B | 1.44B | 1.34B | 1.32B | 1.19B |
| Net debt | 499.82M | 506.83M | 416.75M | 472.96M | 512.78M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 17.31M | 134.30M | 40.40M | 2.95M | 22.18M |
| Investing CF | -107.57M | -55.04M | -12.07M | -42.70M | -15.37M |
| Financing CF | 41.11M | -67.15M | -97.62M | 213.26M | -31.07M |
| Free CF | -13.09M | 30.82M | -1.63M | -78.62M | 1.98M |
| OCF coverage | 7.58% | 49.70% | 20.37% | 1.87% | 11.42% |
| Repaid & issued | 200.13M | 93.97M | 106.35M | 140.78M | 128.54M |
| CapEx | -92.61M | -53.52M | -17.00M | -45.38M | -53.32M |

## Distribution Plan

**Dividend Yield**: 0.32

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.0894CNY | 2025-06-30 | 2025-07-01 | 2025-07-01 |
| Cash Dividend: 
0.0258CNY | 2024-06-18 | 2024-06-19 | 2024-06-19 |
| Cash Dividend: 
0.092CNY | 2023-06-06 | 2023-06-07 | 2023-06-07 |