---
title: "First (603806.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603806.SH/norm.md"
symbol: "603806.SH"
name: "First"
parent: "https://longbridge.com/en/quote/603806.SH.md"
datetime: "2026-05-20T20:17:15.970Z"
locales:
  - [en](https://longbridge.com/en/quote/603806.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603806.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603806.SH/norm.md)
---

# First (603806.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1190 | 0.0306 | 0.0707 | 0.0340 | 0.1470 |
| ROE | 7.54% | 2.00% | 4.70% | 2.29% | 9.66% |
| Revenue | 3.37B | 3.70B | 3.83B | 4.33B | 3.62B |
| Net income | 311.79M | 82.08M | 191.85M | 94.63M | 401.12M |
| Operating income | 337.05M | 28.51M | 294.01M | 26.60M | 478.07M |
| Gross margin | 13.83% | 9.54% | 10.26% | 10.15% | 13.10% |
| Net margin | 9.24% | 2.22% | 5.01% | 2.18% | 11.07% |
| Profit quality | -286.20% | 1.97% | 32.57% | -5.87% | -109.74% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 21.00B | 20.62B | 20.68B | 20.80B | 21.54B |
| Leverage | 1.25 | 1.24 | 1.25 | 1.27 | 1.27 |
| BVPS | 6.39 | 6.31 | 6.30 | 6.23 | 6.45 |
| Turnover | 0.7163 | 0.7406 | 0.7434 | 0.7623 | 0.7900 |
| Cash & STI | 7.42B | 7.66B | 6.31B | 5.93B | 7.08B |
| Inv & Rec | 1.78B | 1.60B | 1.96B | 1.96B | 2.21B |
| LT assets | 4.49B | 4.59B | 4.60B | 4.48B | 4.45B |
| Net debt | -4.56B | -4.83B | -3.49B | -2.83B | -4.01B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -117.77M | 1.45B | 902.68M | -453.11M | -435.62M |
| Investing CF | 1.36B | -1.31B | -1.17B | 525.11M | -984.98M |
| Financing CF | -1.88M | -60.10M | -310.52M | -692.80M | -48.84M |
| Free CF | -403.27M | 1.74B | 401.00M | -410.38M | -745.84M |
| OCF coverage | -175.75% | 1067.47% | 204.97% | -57.07% | -317.47% |
| Repaid & issued | - | 0.0000 | 0.0000 | 3.73M | 4.70M |
| CapEx | -67.01M | -121.09M | -133.01M | -97.35M | -84.33M |

## Distribution Plan

**Dividend Yield**: 1.56

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.26CNY | 2025-06-23 | 2025-06-24 | 2025-06-24 |
| Cash Dividend: 
0.26CNY. 
Share conversation: 0.4 for 1 | 2024-06-21 | 2024-06-24 | 2024-06-24 |
| Cash Dividend: 
0.15CNY. 
Share conversation: 0.4 for 1 | 2023-05-25 | 2023-05-26 | 2023-05-26 |