---
title: "SEC (603988.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603988.SH/norm.md"
symbol: "603988.SH"
name: "SEC"
parent: "https://longbridge.com/en/quote/603988.SH.md"
datetime: "2026-05-21T05:30:11.060Z"
locales:
  - [en](https://longbridge.com/en/quote/603988.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603988.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603988.SH/norm.md)
---

# SEC (603988.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0200 | -0.0342 | 0.0188 | 0.1200 | 0.0200 |
| ROE | 2.71% | -5.14% | 2.54% | 18.75% | 2.61% |
| Revenue | 117.36M | 180.08M | 170.15M | 190.19M | 118.08M |
| Net income | 4.50M | -8.57M | 4.24M | 30.77M | 4.20M |
| Operating income | 7.97M | -20.05M | 18.38M | 7.55M | 8.60M |
| Gross margin | 29.14% | 8.67% | 24.03% | 29.20% | 23.13% |
| Net margin | 3.84% | -4.76% | 2.49% | 16.18% | 3.56% |
| Profit quality | 248.63% | -23.78% | 173.77% | 39.07% | -22.29% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 1.08B | 1.08B | 1.11B | 1.14B | 1.13B |
| Leverage | 1.61 | 1.64 | 1.65 | 1.71 | 1.75 |
| BVPS | 2.96 | 2.81 | 2.85 | 2.84 | 2.75 |
| Turnover | 0.5968 | 0.5984 | 0.6449 | 0.6478 | 0.6141 |
| Cash & STI | 259.39M | 255.99M | 186.52M | 175.16M | 150.39M |
| Inv & Rec | 241.70M | 235.45M | 307.01M | 302.63M | 291.69M |
| LT assets | 97.04M | 100.12M | 101.25M | 103.28M | 106.37M |
| Net debt | -257.18M | -203.47M | -186.52M | -175.16M | -150.39M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 3.21M | 84.32M | 10.58M | 19.33M | -38.57M |
| Investing CF | -46.54M | -52.49M | -15.59M | 26.41M | -49.99M |
| Financing CF | -431506.00 | -1.88M | -204384.00 | -10.08M | 50.00M |
| Free CF | 49.90M | 58.89M | 10.15M | 12.59M | 14.54M |
| OCF coverage | 742.95% | 6617.62% | 942.89% | 170.49% | -45920.87% |
| Repaid & issued | - | 0.0000 | 0.0000 | 0.0000 | 50.00M |
| CapEx | - | -70971.00 | -917650.00 | -1.26M | -84000.00 |

## Distribution Plan

**Dividend Yield**: 0.18

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.04CNY | 2025-05-29 | 2025-05-30 | 2025-05-30 |
| Cash Dividend: 
0.06CNY | 2024-05-07 | 2024-05-08 | 2024-05-08 |
| Cash Dividend: 
0.0658CNY | 2023-07-04 | 2023-07-05 | 2023-07-05 |