---
title: "Grand Sunergy Tech (603778.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603778.SH/norm.md"
symbol: "603778.SH"
name: "Grand Sunergy Tech"
parent: "https://longbridge.com/en/quote/603778.SH.md"
datetime: "2026-05-20T10:09:22.213Z"
locales:
  - [en](https://longbridge.com/en/quote/603778.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603778.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603778.SH/norm.md)
---

# Grand Sunergy Tech (603778.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0500 | -0.6347 | -0.0798 | -0.0929 | -0.0600 |
| ROE | -46.98% | -325.21% | -29.06% | -27.11% | -19.84% |
| Revenue | 119.56M | 346.35M | 143.34M | 211.03M | 95.63M |
| Net income | -34.84M | -422.12M | -54.71M | -54.40M | -41.93M |
| Operating income | -59.90M | -200.00M | -73.70M | -90.06M | -60.37M |
| Gross margin | -19.06% | -37.85% | -9.65% | -15.80% | -15.10% |
| Net margin | -29.14% | -121.88% | -38.17% | -25.78% | -43.85% |
| Profit quality | - | - | -41.64% | - | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 2.68B | 2.79B | 3.60B | 3.38B | 3.49B |
| Leverage | 5.26 | 5.04 | 3.39 | 2.98 | 2.91 |
| BVPS | 0.4052 | 0.4675 | 1.06 | 1.33 | 1.18 |
| Turnover | 0.2659 | 0.2414 | 0.4179 | 0.6160 | 0.6245 |
| Cash & STI | 75.52M | 142.61M | 306.94M | 218.89M | 369.57M |
| Inv & Rec | 47.37M | 99.88M | 171.49M | 138.90M | 135.24M |
| LT assets | 1.21B | 1.23B | 1.30B | 1.27B | 1.24B |
| Net debt | 325.42M | 328.67M | 124.18M | 204.31M | 39.17M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -59.05M | -24.18M | 176.98M | -37.43M | -26.18M |
| Investing CF | -9.63M | -78.27M | -50.47M | -45.72M | -82.12M |
| Financing CF | 64.69M | 27.89M | -93.79M | 121.68M | 81.75M |
| Free CF | -124.88M | -189.08M | 61.69M | -169.43M | -303.31M |
| OCF coverage | -276.16% | -6.58% | 132.52% | -56.32% | -26.22% |
| Repaid & issued | 41.81M | 258.25M | 29.71M | 80.00M | 64.00M |
| CapEx | -9.63M | -129.82M | -40.47M | -42.77M | -91.12M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.007CNY | 2020-06-09 | 2020-06-10 | 2020-06-10 |
| Cash Dividend: 
0.019CNY | 2018-06-04 | 2018-06-05 | 2018-06-05 |