---
title: "JoulWatt (688141.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688141.SH/norm.md"
symbol: "688141.SH"
name: "JoulWatt"
parent: "https://longbridge.com/en/quote/688141.SH.md"
datetime: "2026-03-14T21:54:49.174Z"
locales:
  - [en](https://longbridge.com/en/quote/688141.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688141.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688141.SH/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/688141.SH/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/688141.SH/norm.md)


# JoulWatt (688141.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.5680 | -0.3593 | -0.4253 | -0.2500 | -0.2181 |
| ROE | -59.23% | -36.96% | -38.23% | -22.48% | -17.88% |
| Revenue | 716.28M | 755.08M | 659.20M | 528.15M | 487.14M |
| Net income | -256.67M | -164.82M | -181.68M | -113.41M | -96.35M |
| Operating income | -368.16M | -52.53M | -241.61M | -98.16M | -287.32M |
| Gross margin | 297.79% | 35.39% | 15.42% | 29.69% | -16.48% |
| Net margin | -35.83% | -21.83% | -27.56% | -21.47% | -19.78% |
| Profit quality | - | - | - | -395.51% | - |

## Balance Sheet (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | - | 5.20B | 5.13B | 4.07B | 4.20B |
| Leverage | - | 2.38 | 2.28 | 2.01 | 1.98 |
| BVPS | 3.85 | 3.85 | 4.10 | 4.40 | 4.63 |
| Turnover | - | 0.5184 | 0.4545 | 0.4555 | 0.3983 |
| Cash & STI | 975.45M | 975.45M | 952.88M | 1.01B | 1.19B |
| Inv & Rec | - | 941.85M | 926.63M | 829.82M | 854.99M |
| LT assets | - | 656.43M | 634.87M | 632.72M | 611.80M |
| Net debt | 1.22B | 1.22B | 928.94M | 515.64M | 312.37M |

## Cash Flow Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | - | -57.35M | -122.01M | 24.82M | -122.28M |
| Investing CF | - | -370.25M | -237.88M | -193.82M | -92.51M |
| Financing CF | - | 449.76M | 198.31M | -11.76M | 15.75M |
| Free CF | - | -340.58M | 55.18M | -266.04M | -47.71M |
| OCF coverage | - | -29.43% | -68.17% | 4.00% | -43.70% |
| Repaid & issued | - | 552.07M | 262.16M | 534.95M | 227.05M |
| CapEx | - | -36.09M | -27.89M | -75.25M | -58.34M |