---
title: "TRANSWARP TECHNOLOGY (688031.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688031.SH/norm.md"
symbol: "688031.SH"
name: "TRANSWARP TECHNOLOGY"
parent: "https://longbridge.com/en/quote/688031.SH.md"
datetime: "2026-03-14T01:55:08.259Z"
locales:
  - [en](https://longbridge.com/en/quote/688031.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688031.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688031.SH/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/688031.SH/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/688031.SH/norm.md)


# TRANSWARP TECHNOLOGY (688031.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.2670 | -0.5800 | -0.4900 | -0.6900 | -0.4190 |
| ROE | -14.29% | -30.25% | -23.84% | -31.44% | -17.89% |
| Revenue | 222.45M | 72.57M | 88.15M | 64.36M | 161.96M |
| Net income | -31.94M | -70.28M | -59.37M | -83.58M | -50.54M |
| Operating income | -27.28M | -61.58M | -71.93M | -84.40M | -70.98M |
| Gross margin | 153.13% | 50.75% | 52.69% | 36.70% | 38.51% |
| Net margin | -14.36% | -96.84% | -67.35% | -129.86% | -31.20% |
| Profit quality | - | - | - | - | - |

## Balance Sheet (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | - | 1.17B | 1.26B | 1.34B | 1.40B |
| Leverage | - | 1.31 | 1.31 | 1.31 | 1.28 |
| BVPS | 7.38 | 7.38 | 7.96 | 8.49 | 9.09 |
| Turnover | - | 0.2972 | 0.2759 | 0.2517 | 0.2330 |
| Cash & STI | 461.30M | 461.30M | 563.34M | 602.67M | 685.07M |
| Inv & Rec | - | 68.27M | 64.13M | 60.60M | 51.61M |
| LT assets | - | 131.75M | 143.23M | 156.22M | 169.05M |
| Net debt | -410.70M | -410.70M | -488.15M | -503.18M | -611.12M |

## Cash Flow Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | - | -53.09M | -44.05M | -88.73M | -8.99M |
| Investing CF | - | -9.44M | 114.34M | -30.30M | 217.10M |
| Financing CF | - | -34.01M | -24.89M | 38.00M | -23.21M |
| Free CF | - | -73.41M | 14.34M | -97.84M | 175.90M |
| OCF coverage | - | -239.61% | -139.56% | -3282.11% | -53.60% |
| Repaid & issued | - | 10.00M | 0.0000 | 30.00M | 0.0000 |
| CapEx | - | -1.11M | -2.02M | -2.41M | 22.34M |