---
title: "United Winners Laser (688518.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688518.SH/norm.md"
symbol: "688518.SH"
name: "United Winners Laser"
parent: "https://longbridge.com/en/quote/688518.SH.md"
datetime: "2026-05-20T02:42:00.137Z"
locales:
  - [en](https://longbridge.com/en/quote/688518.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688518.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688518.SH/norm.md)
---

# United Winners Laser (688518.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1300 | 0.1681 | 0.1511 | 0.0318 | 0.1400 |
| ROE | 5.60% | 7.32% | 6.32% | 1.39% | 5.92% |
| Revenue | 885.41M | 1.01B | 714.23M | 663.08M | 870.27M |
| Net income | 45.94M | 59.17M | 50.18M | 11.00M | 46.92M |
| Operating income | 60.27M | 31.63M | 71.53M | -12.83M | 46.46M |
| Gross margin | 26.86% | 22.76% | 34.20% | 28.74% | 26.03% |
| Net margin | 5.19% | 5.84% | 7.03% | 1.66% | 5.39% |
| Profit quality | 18.51% | -47.94% | 94.84% | -46.82% | 109.41% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 9.33B | 8.19B | 7.83B | 7.66B | 7.29B |
| Leverage | 2.82 | 2.51 | 2.44 | 2.43 | 2.28 |
| BVPS | 9.35 | 9.55 | 9.38 | 9.24 | 9.36 |
| Turnover | 0.3944 | 0.4282 | 0.4373 | 0.4439 | 0.4653 |
| Cash & STI | 1.90B | 1.70B | 1.27B | 1.37B | 1.31B |
| Inv & Rec | 3.14B | 2.68B | 2.41B | 2.35B | 2.08B |
| LT assets | 1.13B | 1.14B | 1.13B | 1.08B | 993.09M |
| Net debt | -1.24B | -1.13B | -578.47M | -569.38M | -519.23M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 325.53M | -65.97M | 75.43M | 27.39M | 42.47M |
| Investing CF | -228.77M | -206.89M | -376.38M | -46.86M | 17.19M |
| Financing CF | 143.80M | 319.37M | -99.53M | 66.20M | 152.45M |
| Free CF | 83.10M | 310.64M | -10.62M | 144.52M | -86.50M |
| OCF coverage | 1140.51% | 103.26% | 56.94% | 7.89% | 23.28% |
| Repaid & issued | 146.81M | 193.24M | 0.0000 | 342.60M | 264.38M |
| CapEx | -26.86M | -59.65M | -34.46M | -70.70M | -66.45M |

## Distribution Plan

**Dividend Yield**: 0.49

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.15CNY | 2025-05-27 | 2025-05-28 | 2025-05-28 |
| Cash Dividend: 
0.15CNY | 2024-05-28 | 2024-05-29 | 2024-05-29 |
| Cash Dividend: 
0.12CNY | 2023-06-20 | 2023-06-21 | 2023-06-21 |