---
title: "Songyang (603863.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603863.SH/norm.md"
symbol: "603863.SH"
name: "Songyang"
parent: "https://longbridge.com/en/quote/603863.SH.md"
datetime: "2026-05-20T14:46:12.891Z"
locales:
  - [en](https://longbridge.com/en/quote/603863.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603863.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603863.SH/norm.md)
---

# Songyang (603863.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0200 | -0.5994 | -0.2010 | -0.1286 | -0.0900 |
| ROE | -8.32% | -152.98% | -42.68% | -25.90% | -15.74% |
| Revenue | 121.03M | 129.18M | 91.36M | 120.16M | 102.46M |
| Net income | -5.09M | -116.91M | -41.04M | -27.69M | -18.01M |
| Operating income | -7.95M | -22.05M | -31.07M | -20.48M | -12.38M |
| Gross margin | -3.75% | -7.27% | -24.21% | -7.56% | -3.09% |
| Net margin | -4.21% | -90.50% | -44.92% | -23.04% | -17.58% |
| Profit quality | - | -558.71% | - | -108.40% | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 916.63M | 1.01B | 1.14B | 1.21B | 1.29B |
| Leverage | 3.79 | 4.04 | 3.11 | 2.97 | 2.86 |
| BVPS | 0.9515 | 1.27 | 1.78 | 1.99 | 2.20 |
| Turnover | 0.4177 | 0.3834 | 0.4038 | 0.4512 | 0.4982 |
| Cash & STI | 11.43M | 15.38M | 22.77M | 13.11M | 47.24M |
| Inv & Rec | 32.00M | 42.31M | 15.79M | 66.72M | 99.02M |
| LT assets | 602.02M | 635.29M | 703.31M | 716.20M | 728.65M |
| Net debt | 334.39M | 334.73M | 396.33M | 551.73M | 565.86M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -2.39M | 3.95M | -6.78M | 18.90M | -40.36M |
| Investing CF | -6.37M | 34.77M | 25.44M | 13.14M | -585334.00 |
| Financing CF | 4.82M | -46.12M | -9.00M | -66.17M | 26.25M |
| Free CF | -77.88M | 105.77M | 122.87M | 53.24M | -63.19M |
| OCF coverage | -1.68% | 4.61% | -6.20% | 10.45% | -25.25% |
| Repaid & issued | 148.00M | 40.90M | 108.50M | 123.60M | 188.50M |
| CapEx | -2.45M | -1.65M | -2.79M | -2.01M | -1.14M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.1CNY | 2020-10-29 | 2020-10-30 | 2020-10-30 |