---
title: "SQM (688138.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688138.SH/norm.md"
symbol: "688138.SH"
name: "SQM"
parent: "https://longbridge.com/en/quote/688138.SH.md"
datetime: "2026-05-20T00:16:38.013Z"
locales:
  - [en](https://longbridge.com/en/quote/688138.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688138.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688138.SH/norm.md)
---

# SQM (688138.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1800 | 0.1409 | 0.2108 | 0.1072 | 0.2000 |
| ROE | 7.94% | 6.32% | 7.60% | 7.60% | 13.71% |
| Revenue | 330.38M | 311.35M | 306.29M | 323.49M | 298.54M |
| Net income | 55.69M | 43.56M | 51.71M | 40.30M | 51.74M |
| Operating income | 67.13M | 26.05M | 71.46M | 53.51M | 71.05M |
| Gross margin | 31.28% | 28.53% | 32.05% | 30.61% | 31.85% |
| Net margin | 16.86% | 13.99% | 16.88% | 12.46% | 17.33% |
| Profit quality | 111.54% | 19.73% | 83.96% | 56.08% | 126.41% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 3.97B | 3.93B | 3.86B | 3.90B | 2.84B |
| Leverage | 1.40 | 1.41 | 1.41 | 1.44 | 1.84 |
| BVPS | 9.05 | 8.88 | 8.73 | 8.65 | 5.79 |
| Turnover | 0.3733 | 0.3716 | 0.3759 | 0.3638 | 0.4498 |
| Cash & STI | 417.67M | 638.59M | 799.27M | 1.07B | 365.31M |
| Inv & Rec | 216.83M | 237.76M | 259.42M | 212.32M | 190.59M |
| LT assets | 2.55B | 2.44B | 1.76B | 1.63B | 1.32B |
| Net debt | 282.80M | 98.93M | -141.05M | -326.90M | 380.19M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 60.19M | 132.05M | 85.12M | 95.41M | 56.21M |
| Investing CF | -239.25M | -348.96M | -256.00M | -362.95M | -86.10M |
| Financing CF | -40.58M | 62.76M | -94.89M | 970.77M | 40.24M |
| Free CF | -243.11M | -225.20M | -296.21M | -439.11M | 59.18M |
| OCF coverage | 16.34% | 21.97% | 25.52% | 12.04% | 31.53% |
| Repaid & issued | 88.48M | 150.27M | 143.28M | 206.48M | 128.89M |
| CapEx | -239.25M | -346.96M | -256.00M | -364.99M | -86.10M |

## Distribution Plan

**Dividend Yield**: 0.75

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.0895CNY | 2025-10-15 | 2025-10-16 | 2025-10-16 |
| Cash Dividend: 
0.1691CNY | 2025-06-24 | 2025-06-25 | 2025-06-25 |
| Cash Dividend: 
0.159CNY | 2024-06-27 | 2024-06-28 | 2024-06-28 |