--- title: "Tianwei (600550.SH) — Financial Reports" type: "Symbol" locale: "en" url: "https://longbridge.com/en/quote/600550.SH/norm.md" symbol: "600550.SH" name: "Tianwei" parent: "https://longbridge.com/en/quote/600550.SH.md" datetime: "2026-05-20T04:38:58.958Z" locales: - [en](https://longbridge.com/en/quote/600550.SH/norm.md) - [zh-CN](https://longbridge.com/zh-CN/quote/600550.SH/norm.md) - [zh-HK](https://longbridge.com/zh-HK/quote/600550.SH/norm.md) --- # Tianwei (600550.SH) — Financial Reports ## Income Statement (CNY) | Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | | --- | --- | --- | --- | --- | --- | | EPS | 0.0320 | 0.0280 | 0.0378 | 0.0263 | 0.0150 | | ROE | 27.57% | 25.24% | 38.66% | 28.78% | 18.41% | | Revenue | 1.64B | 1.21B | 1.51B | 1.52B | 1.48B | | Net income | 59.56M | 51.08M | 70.57M | 47.06M | 28.31M | | Operating income | 82.02M | 27.07M | 66.63M | 66.49M | 48.22M | | Gross margin | 12.24% | 18.91% | 14.66% | 14.54% | 9.30% | | Net margin | 3.64% | 4.24% | 4.68% | 3.10% | 1.91% | | Profit quality | -27.44% | 3.95% | 43.16% | -323.14% | -7.98% | ## Balance Sheet (CNY) | Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | | --- | --- | --- | --- | --- | --- | | A&L | 8.07B | 8.26B | 7.36B | 7.43B | 7.17B | | Leverage | 7.99 | 8.66 | 8.22 | 9.39 | 9.75 | | BVPS | 0.4846 | 0.4540 | 0.4251 | 0.3679 | 0.3423 | | Turnover | 0.7693 | 0.7237 | 0.8529 | 0.8275 | 0.8089 | | Cash & STI | 894.16M | 1.51B | 876.79M | 1.02B | 840.18M | | Inv & Rec | 2.55B | 2.67B | 2.33B | 1.95B | 1.89B | | LT assets | 863.43M | 877.07M | 860.49M | 961.39M | 968.42M | | Net debt | 1.29B | 864.75M | 1.46B | 1.64B | 1.72B | ## Cash Flow Statement (CNY) | Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | | --- | --- | --- | --- | --- | --- | | Operating CF | -298.91M | 685.90M | 154.37M | -20.57M | -603.97M | | Investing CF | -20.30M | -33.92M | 105.49M | -27.83M | -17.66M | | Financing CF | -284.03M | -4.45M | -374.42M | 227.57M | 294.36M | | Free CF | -454.14M | 615.60M | -97.72M | 106.18M | -687.25M | | OCF coverage | -37.47% | 454.08% | 27.22% | -7.03% | -29.12% | | Repaid & issued | 493.00M | 154.60M | 118.37M | 497.56M | 2.35B | | CapEx | -20.65M | -34.90M | -31.40M | -28.09M | -17.75M |