---
title: "Hoymiles (688032.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688032.SH/norm.md"
symbol: "688032.SH"
name: "Hoymiles"
parent: "https://longbridge.com/en/quote/688032.SH.md"
datetime: "2026-05-21T06:19:43.518Z"
locales:
  - [en](https://longbridge.com/en/quote/688032.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688032.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688032.SH/norm.md)
---

# Hoymiles (688032.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.5100 | -0.8327 | -0.6328 | 0.2203 | -0.0800 |
| ROE | -4.37% | -7.07% | -5.14% | 1.74% | -0.65% |
| Revenue | 988.99M | 608.71M | 318.02M | 669.18M | 336.14M |
| Net income | -62.19M | -102.01M | -75.39M | 26.63M | -10.36M |
| Operating income | -73.01M | -89.63M | -107.29M | -45.29M | -60.48M |
| Gross margin | 14.53% | 21.32% | 27.61% | 23.17% | 33.92% |
| Net margin | -6.29% | -16.76% | -23.71% | 3.98% | -3.08% |
| Profit quality | -36.32% | -148.30% | - | -20.57% | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 8.89B | 8.38B | 7.77B | 7.99B | 8.25B |
| Leverage | 1.56 | 1.46 | 1.33 | 1.36 | 1.30 |
| BVPS | 46.52 | 46.67 | 47.44 | 48.73 | 48.89 |
| Turnover | 0.3017 | 0.2312 | 0.2586 | 0.2678 | 0.2556 |
| Cash & STI | 3.92B | 3.63B | 3.43B | 3.79B | 3.90B |
| Inv & Rec | 1.04B | 1.13B | 1.06B | 994.73M | 919.67M |
| LT assets | 1.71B | 1.67B | 1.59B | 1.57B | 1.60B |
| Net debt | -2.66B | -2.48B | -2.33B | -2.62B | -2.89B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 201.03M | 60.44M | -219.35M | 220.18M | -347.82M |
| Investing CF | -63.05M | -108.35M | -39.43M | 46.52M | -529.12M |
| Financing CF | 104.67M | 138.91M | -82.45M | -322.69M | 556.22M |
| Free CF | 191.00M | 334.50M | -480.63M | 325.72M | -1.01B |
| OCF coverage | 81.71% | 15.77% | -78.80% | 32.83% | -68.86% |
| Repaid & issued | 298.80M | 461.56M | 172.68M | 379.86M | 703.02M |
| CapEx | -55.06M | -71.41M | -43.17M | -38.48M | -354.85M |

## Distribution Plan

**Dividend Yield**: 2.90

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
3.1749CNY | 2025-06-18 | 2025-06-19 | 2025-06-19 |
| Cash Dividend: 
3.5665CNY. 
Share conversation: 0.485 for 1 | 2024-06-18 | 2024-06-19 | 2024-06-19 |
| Cash Dividend: 
2.3925CNY | 2023-10-30 | 2023-10-31 | 2023-10-31 |