---
title: "BAEC (688652.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688652.SH/norm.md"
symbol: "688652.SH"
name: "BAEC"
parent: "https://longbridge.com/en/quote/688652.SH.md"
datetime: "2026-06-13T13:15:26.120Z"
locales:
  - [en](https://longbridge.com/en/quote/688652.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688652.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688652.SH/norm.md)
---

# BAEC (688652.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.2800 | 0.1176 | 0.2214 | 0.3331 | 0.2100 |
| ROE | 8.35% | 3.54% | 7.12% | 10.18% | 6.86% |
| Revenue | 392.26M | 323.19M | 368.41M | 396.87M | 337.78M |
| Net income | 46.44M | 19.42M | 38.51M | 54.13M | 35.88M |
| Operating income | 56.01M | -13.06M | 65.40M | 41.70M | 35.92M |
| Gross margin | 35.26% | 20.49% | 36.06% | 32.30% | 31.37% |
| Net margin | 11.84% | 6.01% | 10.45% | 13.64% | 10.62% |
| Profit quality | -150.06% | -3.27% | 153.53% | 33.88% | -19.57% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 4.77B | 4.78B | 4.51B | 4.42B | 4.13B |
| Leverage | 2.12 | 2.17 | 2.07 | 2.06 | 1.96 |
| BVPS | 13.38 | 13.10 | 12.99 | 12.76 | 12.56 |
| Turnover | 0.3325 | 0.3231 | 0.3284 | 0.3222 | 0.3191 |
| Cash & STI | 1.43B | 1.52B | 1.29B | 1.33B | 1.20B |
| Inv & Rec | 2.51B | 2.39B | 2.35B | 2.16B | 2.06B |
| LT assets | 395.97M | 368.56M | 210.11M | 142.93M | 131.75M |
| Net debt | -1.41B | -1.44B | -1.27B | -1.32B | -1.19B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -37.32M | 399.26M | 42.60M | 123.08M | -183.57M |
| Investing CF | 79.88M | -239.78M | 50.32M | -184.06M | 39.77M |
| Financing CF | -4.53M | -54.73M | -21.13M | 46.46M | 11.75M |
| Free CF | -56.99M | 307.12M | -58.29M | 94.93M | -189.76M |
| OCF coverage | -65.71% | 210.06% | 35.71% | 212.40% | -445.03% |
| Repaid & issued | - | 0.0000 | 49.77M | 49.64M | 49.63M |
| CapEx | -56.80M | -124.37M | -59.36M | -46.88M | -11.25M |

## Distribution Plan

**Dividend Yield**: 0.09

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.125CNY | 2025-08-18 | 2025-08-19 | 2025-08-19 |
| Cash Dividend: 
0.075CNY | 2024-07-09 | 2024-07-10 | 2024-07-10 |