---
title: "XIANGPIAOPIAO (603711.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603711.SH/norm.md"
symbol: "603711.SH"
name: "XIANGPIAOPIAO"
parent: "https://longbridge.com/en/quote/603711.SH.md"
datetime: "2026-05-21T18:19:51.129Z"
locales:
  - [en](https://longbridge.com/en/quote/603711.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603711.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603711.SH/norm.md)
---

# XIANGPIAOPIAO (603711.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.2300 | 0.4193 | 0.0202 | -0.1803 | -0.0500 |
| ROE | 10.57% | 21.73% | 0.98% | -9.14% | -2.15% |
| Revenue | 878.32M | 1.24B | 648.56M | 455.23M | 580.08M |
| Net income | 93.39M | 184.45M | 8.18M | -78.62M | -18.77M |
| Operating income | 118.34M | 228.61M | 26.09M | -130.82M | -34.50M |
| Gross margin | 40.84% | 42.65% | 38.86% | 26.62% | 31.19% |
| Net margin | 10.63% | 14.85% | 1.26% | -17.27% | -3.24% |
| Profit quality | 906.13% | 60.56% | 11.28% | - | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 5.24B | 5.26B | 4.72B | 4.58B | 4.51B |
| Leverage | 1.46 | 1.51 | 1.43 | 1.35 | 1.30 |
| BVPS | 8.82 | 8.45 | 8.00 | 8.23 | 8.44 |
| Turnover | 0.6616 | 0.5775 | 0.6309 | 0.7069 | 0.6864 |
| Cash & STI | 3.20B | 3.16B | 2.53B | 2.43B | 2.38B |
| Inv & Rec | 160.37M | 159.24M | 184.26M | 120.55M | 136.02M |
| LT assets | 1.27B | 1.30B | 1.32B | 1.36B | 1.37B |
| Net debt | -2.11B | -2.12B | -1.77B | -1.69B | -1.89B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 13.06M | 377.47M | 231.30M | -180.53M | -77.73M |
| Investing CF | -236.31M | -329.38M | -196.19M | -111.94M | -26.32M |
| Financing CF | 129.45M | 21.85M | -159.04M | 220.18M | -172.00M |
| Free CF | -113.15M | 367.96M | 100.81M | -112.84M | -150.94M |
| OCF coverage | 46.17% | 20.10% | -39.24% | -24.93% | -197.49% |
| Repaid & issued | - | 1.86B | -743.58M | 743.58M | - |
| CapEx | -28.29M | -24.86M | -12.37M | -19.15M | -39.36M |

## Distribution Plan

**Dividend Yield**: 1.67

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.25CNY | 2025-07-08 | 2025-07-09 | 2025-07-09 |
| Cash Dividend: 
0.35CNY | 2024-06-20 | 2024-06-21 | 2024-06-21 |
| Cash Dividend: 
0.16CNY | 2023-06-05 | 2023-06-06 | 2023-06-06 |