---
title: "Pinming Technology (688109.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688109.SH/norm.md"
symbol: "688109.SH"
name: "Pinming Technology"
parent: "https://longbridge.com/en/quote/688109.SH.md"
datetime: "2026-05-20T23:07:21.109Z"
locales:
  - [en](https://longbridge.com/en/quote/688109.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688109.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688109.SH/norm.md)
---

# Pinming Technology (688109.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.1800 | -0.0230 | 0.2097 | 0.5430 | 0.0100 |
| ROE | -6.92% | -0.90% | 8.71% | 15.40% | 0.51% |
| Revenue | 44.29M | 149.60M | 100.09M | 122.54M | 64.95M |
| Net income | -13.83M | -1.79M | 17.20M | 30.23M | 1.00M |
| Operating income | -17.75M | -5.47M | 17.86M | 27.35M | -1.52M |
| Gross margin | 71.44% | 70.27% | 74.31% | 74.83% | 76.74% |
| Net margin | -31.22% | -1.20% | 17.18% | 24.67% | 1.55% |
| Profit quality | - | -7.73% | 94.23% | 55.60% | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 905.64M | 970.14M | 913.67M | 916.11M | 894.81M |
| Leverage | 1.14 | 1.21 | 1.15 | 1.17 | 1.14 |
| BVPS | 10.33 | 10.32 | 10.27 | 10.10 | 10.15 |
| Turnover | 0.4627 | 0.4550 | 0.5170 | 0.5109 | 0.5229 |
| Cash & STI | 216.09M | 207.46M | 171.82M | 585.93M | 256.85M |
| Inv & Rec | 35.27M | 31.26M | 34.19M | 30.59M | 27.62M |
| LT assets | 16.60M | 19.03M | 12.32M | 13.80M | 15.14M |
| Net debt | -207.41M | -196.51M | -166.39M | -580.52M | -250.44M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -54.68M | 70.81M | 18.96M | 49.18M | -40.48M |
| Investing CF | 4.43M | 1.78M | -54.42M | -100.39M | 410588.00 |
| Financing CF | -412919.00 | -2.63M | -23.54M | -20.57M | -2.56M |
| Free CF | 6.44M | 31.81M | -426.84M | 353.97M | -336.88M |
| OCF coverage | -3111.45% | -76077.71% | 90.24% | 150.32% | -10050.52% |
| Repaid & issued | - | - | - | - | - |
| CapEx | -1.76M | 93073.00 | -140683.00 | -661181.00 | -402786.00 |

## Distribution Plan

**Dividend Yield**: 0.74

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.2976CNY | 2025-09-23 | 2025-09-24 | 2025-09-24 |
| Cash Dividend: 
0.3737CNY | 2025-05-29 | 2025-05-30 | 2025-05-30 |
| Cash Dividend: 
0.2925CNY | 2024-06-06 | 2024-06-07 | 2024-06-07 |