---
title: "Smarter Micro (688512.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688512.SH/norm.md"
symbol: "688512.SH"
name: "Smarter Micro"
parent: "https://longbridge.com/en/quote/688512.SH.md"
datetime: "2026-03-16T08:56:10.759Z"
locales:
  - [en](https://longbridge.com/en/quote/688512.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688512.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688512.SH/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/688512.SH/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/688512.SH/norm.md)


# Smarter Micro (688512.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.2380 | -0.1191 | -0.1196 | 0.0100 | -0.3114 |
| ROE | -24.08% | -13.04% | -15.31% | 0.79% | -29.90% |
| Revenue | 243.49M | 213.33M | 217.65M | 136.86M | 140.42M |
| Net income | -104.28M | -57.11M | -68.85M | 3.57M | -140.07M |
| Operating income | -111.75M | 27.33M | -150.26M | 7.79M | -144.65M |
| Gross margin | 315.09% | 15.08% | -2.59% | 12.85% | -42.23% |
| Net margin | -42.83% | -26.77% | -31.63% | 2.61% | -99.75% |
| Profit quality | - | -181.32% | - | -14.11% | - |

## Balance Sheet (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | - | 2.31B | 2.23B | 2.17B | 2.21B |
| Leverage | - | 1.33 | 1.26 | 1.19 | 1.22 |
| BVPS | 3.71 | 3.71 | 3.85 | 3.96 | 3.92 |
| Turnover | - | 0.3077 | 0.2762 | 0.2461 | 0.2276 |
| Cash & STI | 770.70M | 770.70M | 759.88M | 784.28M | 841.11M |
| Inv & Rec | - | 551.17M | 466.84M | 462.48M | 430.84M |
| LT assets | - | 178.38M | 160.98M | 155.41M | 157.82M |
| Net debt | -370.48M | -370.48M | -472.07M | -595.42M | -670.15M |

## Cash Flow Statement (CNY)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | - | -15.07M | -180.17M | -55.22M | -20.40M |
| Investing CF | - | -29.82M | 36.07M | -37.07M | -28.61M |
| Financing CF | - | 116.48M | 93.79M | 16.52M | 24.96M |
| Free CF | - | -103.70M | -120.83M | -65.80M | 53.88M |
| OCF coverage | - | -24.62% | -171.95% | -286.11% | -107.02% |
| Repaid & issued | - | 148.38M | 190.84M | 20.06M | 29.64M |
| CapEx | - | -30.45M | -5.21M | -18.29M | -10.22M |