---
title: "BANGYAN TECHNOLOGY (688132.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688132.SH/norm.md"
symbol: "688132.SH"
name: "BANGYAN TECHNOLOGY"
parent: "https://longbridge.com/en/quote/688132.SH.md"
datetime: "2026-03-13T21:02:44.883Z"
locales:
  - [en](https://longbridge.com/en/quote/688132.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688132.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688132.SH/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/688132.SH/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/688132.SH/norm.md)


# BANGYAN TECHNOLOGY (688132.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.9884 | -0.0782 | -0.2096 | -0.1800 | -0.2380 |
| ROE | -40.89% | -3.37% | -9.18% | -7.53% | -9.65% |
| Revenue | -31.23M | 91.16M | 41.72M | 27.71M | 92.78M |
| Net income | -140.99M | -11.70M | -32.47M | -27.21M | -35.68M |
| Operating income | -143.63M | 6.54M | -40.87M | -26.03M | -63.88M |
| Gross margin | -66.71% | 77.36% | 54.46% | 55.17% | 18.21% |
| Net margin | 451.45% | -12.83% | -77.82% | -98.19% | -38.46% |
| Profit quality | - | -13.16% | - | - | -150.37% |

## Balance Sheet (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | - | 1.69B | 1.70B | 1.69B | 1.72B |
| Leverage | - | 1.23 | 1.22 | 1.18 | 1.17 |
| BVPS | 9.23 | 9.23 | 9.33 | 9.55 | 9.73 |
| Turnover | - | 0.1467 | 0.1130 | 0.1391 | 0.1922 |
| Cash & STI | 502.23M | 502.23M | 523.53M | 534.04M | 555.78M |
| Inv & Rec | - | 106.42M | 127.67M | 89.37M | 82.97M |
| LT assets | - | 500.83M | 508.43M | 512.75M | 520.04M |
| Net debt | -424.61M | -424.61M | -465.50M | -505.95M | -542.70M |

## Cash Flow Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | - | -49.67M | -36.20M | -36.63M | 42.48M |
| Investing CF | - | -62.19M | -4.85M | -19.95M | -27.23M |
| Financing CF | - | 28.40M | 26.64M | 14.76M | 621638.00 |
| Free CF | - | -62.94M | -16.24M | -37.48M | 84.73M |
| OCF coverage | - | -899.30% | -187.73% | -1113.96% | 981.12% |
| Repaid & issued | - | 19.82M | 41.69M | 15.00M | 2.18M |
| CapEx | - | -5.80M | -6.94M | -3.28M | -3.16M |