---
title: "Vazyme (688105.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688105.SH/norm.md"
symbol: "688105.SH"
name: "Vazyme"
parent: "https://longbridge.com/en/quote/688105.SH.md"
datetime: "2026-03-08T06:25:44.737Z"
locales:
  - [en](https://longbridge.com/en/quote/688105.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688105.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688105.SH/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/688105.SH/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/688105.SH/norm.md)


# Vazyme (688105.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0335 | 0.0095 | 0.0050 | 0.0050 | -0.1012 |
| ROE | -2.45% | 0.36% | 0.13% | 0.19% | -3.68% |
| Revenue | 425.48M | 346.18M | 321.24M | 284.98M | 391.99M |
| Net income | -23.59M | 3.49M | 1.22M | 1.91M | -36.25M |
| Operating income | 5.63M | 7.70M | -25.66M | -28.15M | -74.33M |
| Gross margin | -165.22% | 73.05% | 65.94% | 69.40% | 62.64% |
| Net margin | -5.54% | 1.01% | 0.38% | 0.67% | -9.25% |
| Profit quality | - | 12.33% | -44.92% | - | -82.30% |

## Balance Sheet (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | - | 5.01B | 5.24B | 5.27B | 5.05B |
| Leverage | - | 1.30 | 1.36 | 1.35 | 1.28 |
| BVPS | - | 10.49 | 9.68 | 9.81 | 9.92 |
| Turnover | - | 0.2715 | 0.2612 | 0.2549 | 0.2553 |
| Cash & STI | - | 2.72B | 2.91B | 2.91B | 2.66B |
| Inv & Rec | - | 381.69M | 384.17M | 374.28M | 362.18M |
| LT assets | - | 638.20M | 656.06M | 672.63M | 726.07M |
| Net debt | - | -1.86B | -1.81B | -1.82B | -1.90B |

## Cash Flow Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | - | 62.44M | 57.13M | -55.02M | 90.31M |
| Investing CF | - | 168.99M | -93.17M | -374.46M | 181.00M |
| Financing CF | - | -253.95M | -54.93M | 298.78M | 81.31M |
| Free CF | - | -92.02M | 103.78M | -148.31M | 318.78M |
| OCF coverage | - | 18.53% | 19.08% | -110.16% | 41.44% |
| Repaid & issued | - | 70.00M | 235.39M | 374.00M | 280.02M |
| CapEx | - | -15.83M | -9.15M | -13.45M | -2.28M |

## Distribution Plan

**Dividend Yield**: 0.74

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.15CNY | 2025-06-04 | 2025-06-05 | 2025-06-05 |
| Cash Dividend: 
0.0297CNY | 2024-12-19 | 2024-12-20 | 2024-12-20 |
| Cash Dividend: 
0.0988CNY | 2024-07-05 | 2024-07-08 | 2024-07-08 |