--- title: "Junshi Biosciences (688180.SH) — Financial Reports" type: "Symbol" locale: "en" url: "https://longbridge.com/en/quote/688180.SH/norm.md" symbol: "688180.SH" name: "Junshi Biosciences" parent: "https://longbridge.com/en/quote/688180.SH.md" datetime: "2026-05-20T10:07:49.187Z" locales: - [en](https://longbridge.com/en/quote/688180.SH/norm.md) - [zh-CN](https://longbridge.com/zh-CN/quote/688180.SH/norm.md) - [zh-HK](https://longbridge.com/zh-HK/quote/688180.SH/norm.md) --- # Junshi Biosciences (688180.SH) — Financial Reports ## Income Statement (CNY) | Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | | --- | --- | --- | --- | --- | --- | | EPS | -0.0200 | -0.2674 | -0.1806 | -0.1802 | -0.2400 | | ROE | -1.38% | -18.26% | -11.63% | -11.86% | -16.37% | | Revenue | 726.29M | 692.54M | 637.50M | 667.79M | 500.59M | | Net income | -20.56M | -279.47M | -183.00M | -177.82M | -234.88M | | Operating income | -92.13M | -333.31M | -110.78M | -206.11M | -263.40M | | Gross margin | 79.76% | 73.79% | 84.45% | 76.57% | 81.24% | | Net margin | -2.83% | -40.35% | -28.71% | -26.63% | -46.92% | | Profit quality | -159.26% | - | - | - | - | ## Balance Sheet (CNY) | Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | | --- | --- | --- | --- | --- | --- | | A&L | 14.15B | 12.38B | 11.69B | 11.68B | 10.90B | | Leverage | 2.32 | 2.04 | 1.86 | 1.83 | 1.92 | | BVPS | 5.75 | 5.88 | 6.06 | 6.21 | 5.71 | | Turnover | 0.2175 | 0.2157 | 0.2203 | 0.2057 | 0.1805 | | Cash & STI | 4.56B | 3.22B | 3.27B | 3.51B | 3.02B | | Inv & Rec | 562.43M | 573.11M | 516.03M | 556.90M | 589.12M | | LT assets | 4.95B | 4.87B | 4.39B | 4.26B | 4.20B | | Net debt | 1.41B | 928.98M | 315.21M | -13.59M | 371.17M | ## Cash Flow Statement (CNY) | Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | | --- | --- | --- | --- | --- | --- | | Operating CF | 57.85M | -176.16M | -14.02M | -305.06M | -24.33M | | Investing CF | -541.37M | -671.92M | -355.94M | -211.23M | -341.63M | | Financing CF | 1.79B | 686.73M | 158.21M | 997.59M | 386.78M | | Free CF | -466.21M | 89.77M | -389.88M | -346.89M | -272.94M | | OCF coverage | 6.71% | -21.16% | -1.56% | -78.85% | -2.06% | | Repaid & issued | 2.42B | 1.08B | 801.90M | 278.87M | 1.42B | | CapEx | -251.91M | -258.74M | -195.80M | -152.56M | -161.20M |