---
title: "WST (688122.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688122.SH/norm.md"
symbol: "688122.SH"
name: "WST"
parent: "https://longbridge.com/en/quote/688122.SH.md"
datetime: "2026-05-20T09:49:06.699Z"
locales:
  - [en](https://longbridge.com/en/quote/688122.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688122.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688122.SH/norm.md)
---

# WST (688122.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0700 | 0.2919 | 0.1593 | 0.5828 | 0.2600 |
| ROE | 2.45% | 10.80% | 6.03% | 22.02% | 10.04% |
| Revenue | 1.08B | 1.24B | 1.27B | 1.65B | 1.07B |
| Net income | 43.84M | 189.61M | 103.50M | 376.16M | 169.99M |
| Operating income | 144.52M | -126.34M | 406.20M | 360.50M | 258.47M |
| Gross margin | 25.59% | 7.57% | 44.86% | 34.36% | 35.29% |
| Net margin | 4.06% | 15.33% | 8.17% | 22.81% | 15.83% |
| Profit quality | -46.58% | -17.78% | -131.81% | 179.35% | 9772.17% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 15.11B | 15.09B | 14.66B | 14.71B | 14.14B |
| Leverage | 1.90 | 1.93 | 1.93 | 1.97 | 1.90 |
| BVPS | 11.04 | 10.97 | 10.64 | 10.49 | 10.55 |
| Turnover | 0.3578 | 0.3642 | 0.3925 | 0.3861 | 0.3685 |
| Cash & STI | 2.39B | 2.86B | 2.03B | 2.75B | 2.42B |
| Inv & Rec | 4.55B | 4.48B | 4.31B | 4.16B | 4.13B |
| LT assets | 2.52B | 2.54B | 2.41B | 2.37B | 2.29B |
| Net debt | 688.50M | 405.34M | 1.14B | 288.45M | 432.64M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -310.24M | 710.43M | -308.16M | 201.01M | 2.65M |
| Investing CF | -365.47M | -56.36M | -195.97M | 84.48M | -75.80M |
| Financing CF | -87.87M | 95.48M | -320.32M | 229.52M | 122.24M |
| Free CF | -418.40M | 639.50M | -858.92M | 472.16M | -218.88M |
| OCF coverage | -42.75% | 96.77% | -28.90% | 64.66% | 0.56% |
| Repaid & issued | 543.74M | 716.50M | 684.03M | 429.39M | 530.32M |
| CapEx | -59.23M | -82.87M | -88.97M | -77.81M | -65.81M |

## Distribution Plan

**Dividend Yield**: 1.04

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.65CNY | 2025-08-19 | 2025-08-20 | 2025-08-20 |
| Cash Dividend: 
0.1CNY | 2025-01-21 | 2025-01-22 | 2025-01-22 |
| Cash Dividend: 
0.7CNY | 2024-07-29 | 2024-07-30 | 2024-07-30 |