---
title: "Thalys (603716.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603716.SH/norm.md"
symbol: "603716.SH"
name: "Thalys"
parent: "https://longbridge.com/en/quote/603716.SH.md"
datetime: "2026-05-20T20:51:52.790Z"
locales:
  - [en](https://longbridge.com/en/quote/603716.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603716.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603716.SH/norm.md)
---

# Thalys (603716.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0800 | -0.5981 | -0.1462 | -0.2356 | -0.0700 |
| ROE | -7.11% | -47.17% | -12.65% | -18.61% | -6.18% |
| Revenue | 181.79M | 219.75M | 273.70M | 296.07M | 287.43M |
| Net income | -17.52M | -120.04M | -31.12M | -41.80M | -14.32M |
| Operating income | -11.19M | -5.07M | -19.73M | -21.10M | -12.14M |
| Gross margin | 25.16% | 24.59% | 21.06% | 20.53% | 23.60% |
| Net margin | -9.64% | -54.63% | -11.37% | -14.12% | -4.98% |
| Profit quality | - | - | -36.15% | - | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 1.74B | 1.80B | 2.09B | 2.20B | 2.27B |
| Leverage | 1.76 | 1.99 | 1.98 | 2.59 | 2.41 |
| BVPS | 4.69 | 4.71 | 5.29 | 4.69 | 4.92 |
| Turnover | 0.4843 | 0.4650 | 0.4777 | 0.5247 | 0.5784 |
| Cash & STI | 137.25M | 132.29M | 140.92M | 123.22M | 166.98M |
| Inv & Rec | 199.16M | 223.38M | 217.16M | 251.89M | 272.12M |
| LT assets | 122.03M | 127.88M | 134.82M | 138.95M | 148.69M |
| Net debt | 239.15M | 323.76M | 443.56M | 712.75M | 683.65M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -14.40M | -13.15M | 54.57M | -28.54M | -50.63M |
| Investing CF | -10.27M | -5.87M | -3.88M | -4.33M | 44.30M |
| Financing CF | 30.00M | 2.58M | -33.21M | -11.79M | -35.42M |
| Free CF | 3.12M | 176.14M | 20.53M | 66.55M | 29.55M |
| OCF coverage | -83.14% | -16.23% | 189.97% | -14.27% | -106.91% |
| Repaid & issued | 50.04M | 59.35M | 62.10M | 163.87M | 32.51M |
| CapEx | -617772.00 | -389670.00 | -1.57M | -2.55M | -1.20M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.07735CNY | 2020-06-17 | 2020-06-18 | 2020-06-18 |
| Cash Dividend: 
0.1CNY. 
Share conversation: 1.5 for 1 | 2018-04-24 | 2018-04-25 | 2018-04-25 |