---
title: "CETC Lantian (688818.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688818.SH/norm.md"
symbol: "688818.SH"
name: "CETC Lantian"
parent: "https://longbridge.com/en/quote/688818.SH.md"
datetime: "2026-05-20T09:12:14.865Z"
locales:
  - [en](https://longbridge.com/en/quote/688818.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688818.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688818.SH/norm.md)
---

# CETC Lantian (688818.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0100 | 0.1367 | 0.0307 | 0.0209 | -0.0200 |
| ROE | 1.28% | 22.83% | - | 3.64% | -3.68% |
| Revenue | 467.66M | 1.58B | 594.82M | 556.70M | 249.83M |
| Net income | 14.90M | 213.69M | 48.08M | 32.64M | -32.31M |
| Operating income | 32.00M | 236.94M | 47.57M | 3.15M | -24.28M |
| Gross margin | 27.01% | 24.28% | 25.90% | 20.36% | 28.56% |
| Net margin | 3.19% | 13.54% | 8.08% | 5.86% | -12.93% |
| Profit quality | -36.72% | 29.09% | -94.43% | -1.00% | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 9.55B | 7.76B | 7.31B | 6.91B | - |
| Leverage | 1.74 | 2.00 | 2.00 | 1.92 | - |
| BVPS | 3.14 | 2.46 | 2.32 | 2.29 | 2.25 |
| Turnover | - | 0.4371 | - | - | - |
| Cash & STI | 3.11B | 1.68B | 876.61M | 910.38M | 2.10B |
| Inv & Rec | 2.27B | 2.02B | 2.25B | 2.04B | - |
| LT assets | 948.04M | 954.25M | 890.80M | 793.51M | - |
| Net debt | -2.92B | -1.49B | -690.99M | -731.37M | -1.95B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -87.15M | 814.54M | -50.37M | -316.22M | -446.06M |
| Investing CF | -881.37M | 56.63M | 1.53M | -9.40M | -215.48M |
| Financing CF | 1.62B | -10.15M | 47.43M | -45.10M | -91.41M |
| Free CF | -228.89M | 777.01M | - | -35.36M | - |
| OCF coverage | -105.82% | 873.69% | -1039.73% | -237.46% | -391.80% |
| Repaid & issued | 14.76M | 57.36M | 15.96M | 21.68M | - |
| CapEx | -82.35M | -28.06M | -47.17M | -66.38M | -23.27M |

## Distribution Plan

**Dividend Yield**: 0.09