---
title: "Novoray (688300.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688300.SH/norm.md"
symbol: "688300.SH"
name: "Novoray"
parent: "https://longbridge.com/en/quote/688300.SH.md"
datetime: "2026-05-20T03:34:34.407Z"
locales:
  - [en](https://longbridge.com/en/quote/688300.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688300.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688300.SH/norm.md)
---

# Novoray (688300.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.3000 | 0.3000 | 0.3407 | 0.3081 | 0.2600 |
| ROE | 16.21% | 17.40% | 20.44% | 19.37% | 16.38% |
| Revenue | 293.96M | 291.66M | 304.58M | 280.57M | 238.69M |
| Net income | 71.64M | 72.62M | 81.38M | 75.61M | 63.04M |
| Operating income | 84.92M | 69.43M | 95.39M | 76.64M | 68.49M |
| Gross margin | 40.02% | 37.69% | 42.51% | 40.88% | 40.62% |
| Net margin | 24.37% | 24.90% | 26.72% | 26.95% | 26.41% |
| Profit quality | -6922.10% | 56.36% | 106.67% | 321.05% | 319.14% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 2.91B | 2.26B | 2.22B | 1.96B | 1.97B |
| Leverage | 1.59 | 1.33 | 1.36 | 1.26 | 1.25 |
| BVPS | 7.58 | 7.06 | 6.76 | 6.43 | 6.50 |
| Turnover | 0.4799 | 0.5271 | 0.5272 | 0.5468 | 0.5310 |
| Cash & STI | 1.28B | 879.11M | 350.88M | 520.46M | 426.98M |
| Inv & Rec | 155.59M | 140.47M | 134.94M | 114.41M | 119.00M |
| LT assets | 712.04M | 698.89M | 675.51M | 634.39M | 647.21M |
| Net debt | -580.93M | -710.58M | -156.66M | -425.68M | -332.32M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -1.23M | 123.19M | 89.43M | 23.87M | 21.46M |
| Investing CF | -277.00M | -80.59M | -184.33M | -24.83M | -99.92M |
| Financing CF | 588.59M | -32.59M | 99.57M | -92.06M | -28.01M |
| Free CF | -217.87M | 559.48M | -320.52M | 78.67M | -209.61M |
| OCF coverage | -0.93% | 474.26% | 412.00% | 12.75% | 36.70% |
| Repaid & issued | 690.75M | -26.61M | 99.68M | 68.93M | - |
| CapEx | -32.04M | -19.99M | -21.60M | -26.26M | -30.47M |

## Distribution Plan

**Dividend Yield**: 0.32

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.5CNY. 
Share conversation: 0.3 for 1 | 2025-05-28 | 2025-05-29 | 2025-05-29 |
| Cash Dividend: 
0.5CNY | 2024-06-05 | 2024-06-06 | 2024-06-06 |
| Cash Dividend: 
0.455CNY. 
Share conversation: 0.49 for 1 | 2023-06-14 | 2023-06-15 | 2023-06-15 |