BIWIN Storage Technology Co., Ltd. (BIWIN) income statement

SHH · Technology · Semiconductors · 2,852 employees · CEO Han He

Price: CN¥131.86 +0.83%
Market cap: CN¥62.7B
Enterprise value: CN¥83.1B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-05-05 EPS est. CN¥8.00

BIWIN Storage Technology Co., Ltd. (BIWIN) reported revenue of CN¥6.14B for Q3 '26 (+130.7% year on year), operating income of CN¥2.12B (34.6% of revenue) and net income of CN¥1.6B. Over the last four quarters revenue was CN¥22.4B.

Income statement

Income statement	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Revenue	CN¥1.47B	CN¥1.73B	CN¥1.71B	CN¥1.58B	CN¥1.67B	CN¥1.54B	CN¥330M	CN¥2.66B	CN¥676M	CN¥6.81B	CN¥8.76B	CN¥6.14B
Cost of revenue	CN¥1.47B	CN¥1.3B	CN¥1.27B	CN¥1.33B	CN¥1.6B	CN¥1.51B	CN¥286M	CN¥2.1B	CN¥3.22B	CN¥3.18B	CN¥3.87B	CN¥3.51B
Gross profit	-CN¥2.96M	CN¥427M	CN¥448M	CN¥256M	CN¥74.9M	CN¥30.7M	CN¥44.7M	CN¥563M	CN¥1.51B	CN¥3.63B	CN¥4.89B	CN¥2.63B
Research & development	CN¥98.5M	CN¥97.7M	CN¥113M	CN¥129M	CN¥109M	CN¥123M	CN¥150M	CN¥137M	CN¥222M	CN¥156M	CN¥179M	CN¥269M
Sales & marketing	CN¥55.4M	CN¥60.7M	CN¥162M	CN¥163M	-CN¥17.8M	CN¥63.5M	CN¥23.7M	CN¥118M	-CN¥15.5M	CN¥72M	CN¥0	CN¥0
General & administrative	CN¥60.8M	CN¥60.3M	CN¥212M	CN¥213M	-CN¥34.3M	CN¥72.4M	CN¥27.3M	CN¥149M	-CN¥43.2M	CN¥87.9M	CN¥0	CN¥0
Other operating expenses	-CN¥37.2M	CN¥18.5M	-CN¥194M	-CN¥164M	CN¥205M	CN¥34.3M	-CN¥150M	-CN¥104M	CN¥367M	-CN¥66.9M	CN¥56.7M	CN¥70M
Operating expenses	CN¥177M	CN¥238M	CN¥293M	CN¥340M	CN¥261M	CN¥293M	CN¥51.2M	CN¥300M	CN¥531M	CN¥249M	CN¥395M	CN¥507M
Operating income	-CN¥180M	CN¥189M	CN¥189M	-CN¥83.5M	CN¥125M	-CN¥262M	CN¥5.37M	CN¥263M	CN¥978M	CN¥3.38B	CN¥4.49B	CN¥2.12B
Interest income	CN¥6.1M	CN¥1.26M	CN¥2.12M	CN¥712K	CN¥994K	CN¥1.09M	CN¥415K	CN¥11.6M	CN¥611K	CN¥6.94M	CN¥11.4M	CN¥12.1M
Interest expense	CN¥49.5M	CN¥31.9M	CN¥40.2M	CN¥32.4M	CN¥5.7M	CN¥41.3M	CN¥5.04M	CN¥41.2M	CN¥6.84M	CN¥59M	CN¥98.4M	CN¥153M
Other non-operating income (gains on investments, FX ...)	CN¥0	-CN¥27.9M	CN¥0	CN¥0	CN¥0	-CN¥41.3M	CN¥0	-CN¥6.05M	-CN¥41.7M	CN¥79.5M	CN¥0	CN¥0
Total non-operating income	CN¥800K	-CN¥5.18K	-CN¥34.4M	CN¥27.2K	CN¥4.01M	-CN¥21.5K	-CN¥51.8M	CN¥5.83M	-CN¥10.3M	CN¥313K	CN¥509M	-CN¥408M
Income before tax	-CN¥180M	CN¥189M	CN¥154M	-CN¥83.5M	CN¥129M	-CN¥263M	-CN¥46.4M	CN¥269M	CN¥139M	CN¥3.38B	CN¥5B	CN¥1.71B
Income tax	CN¥32.8M	CN¥32.1M	CN¥38.6M	CN¥20.3M	CN¥20.9M	-CN¥57M	CN¥10.6M	CN¥26.3M	CN¥19.2M	CN¥507M	CN¥734M	CN¥156M
Net income	-CN¥140M	CN¥167M	CN¥116M	-CN¥55.2M	-CN¥9.16M	-CN¥197M	-CN¥3.95M	CN¥256M	CN¥118M	CN¥2.9B	CN¥4.27B	CN¥1.6B
EPS (basic)	-CN¥0.33	CN¥0.39	CN¥0.27	-CN¥0.13	-CN¥0.02	-CN¥0.46	-CN¥0.01	CN¥0.55	CN¥0.25	CN¥6.21	CN¥9.05	CN¥3.38
EPS (diluted)	-CN¥0.33	CN¥0.39	CN¥0.26	-CN¥0.13	-CN¥0.02	-CN¥0.46	-CN¥0.01	CN¥0.55	CN¥0.25	CN¥5.96	CN¥8.62	CN¥3.22
Shares (basic, weighted)	426M	430M	430M	431M	401M	429M	456M	466M	465M	467M	472M	474M
Shares (diluted, weighted)	426M	430M	442M	431M	401M	429M	456M	466M	472M	486M	495M	498M
Depreciation & amortization	CN¥20.7M	CN¥27.2M	CN¥27.2M	CN¥34.8M	CN¥34.8M	CN¥39.5M	CN¥39.5M	CN¥56.5M	CN¥56.5M	CN¥68.4M	CN¥68.4M	CN¥0
EBITDA	-CN¥111M	CN¥244M	CN¥223M	-CN¥15.3M	-CN¥152M	-CN¥200M	CN¥44.9M	CN¥326M	CN¥1.08B	CN¥3.37B	CN¥4.56B	CN¥2.12B

Income statement	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥1.28B	CN¥1.17B	CN¥1.64B	CN¥2.61B	CN¥2.99B	CN¥3.59B	CN¥6.7B	CN¥11.3B
Cost of revenue	CN¥1.27B	CN¥1B	CN¥1.47B	CN¥2.16B	CN¥2.58B	CN¥3.53B	CN¥5.48B	CN¥8.88B
Gross profit	CN¥1.03M	CN¥169M	CN¥174M	CN¥444M	CN¥410M	CN¥61.6M	CN¥1.22B	CN¥2.42B
Research & development	CN¥51.4M	CN¥45.3M	CN¥57.5M	CN¥107M	CN¥126M	CN¥250M	CN¥447M	CN¥632M
Sales & marketing	CN¥27.5M	CN¥45.2M	CN¥54.9M	CN¥98.5M	CN¥52.1M	CN¥110M	CN¥161M	CN¥190M
General & administrative	CN¥57.7M	CN¥39M	CN¥35M	CN¥62.5M	CN¥29.9M	CN¥84.5M	CN¥198M	CN¥206M
Other operating expenses	CN¥23.9M	CN¥19.7M	-CN¥9.98M	CN¥51M	CN¥135M	CN¥360M	CN¥245M	CN¥464M
Operating expenses	CN¥161M	CN¥149M	CN¥136M	CN¥317M	CN¥343M	CN¥805M	CN¥1.05B	CN¥1.49B
Operating income	-CN¥152M	CN¥19.3M	CN¥24.8M	CN¥130M	CN¥67M	-CN¥743M	CN¥165M	CN¥932M
Interest income	CN¥0	CN¥1.3M	CN¥1.59M	CN¥4.51M	CN¥1.6M	CN¥5.7M	CN¥7.92M	CN¥14.5M
Interest expense	CN¥0	CN¥21.1M	CN¥6.36M	CN¥13.6M	CN¥29.9M	CN¥113M	CN¥146M	CN¥166M
Other non-operating income (gains on investments, FX ...)	-CN¥27M	CN¥0	CN¥0	CN¥3.17M	-CN¥29.9M	-CN¥114M	-CN¥145M	-CN¥166M
Total non-operating income	-CN¥1.06M	-CN¥542K	CN¥433K	-CN¥12.5M	-CN¥5.05K	CN¥1.01M	-CN¥719K	-CN¥333K
Income before tax	-CN¥153M	CN¥18.7M	CN¥25.3M	CN¥118M	CN¥67M	-CN¥742M	CN¥165M	CN¥932M
Income tax	CN¥23.2M	CN¥87.4K	CN¥2.1M	CN¥1.06M	-CN¥4.21M	-CN¥111M	CN¥29.5M	CN¥92.9M
Net income	-CN¥136M	CN¥18.7M	CN¥27.4M	CN¥117M	CN¥71.2M	-CN¥624M	CN¥161M	CN¥853M
EPS (basic)	-CN¥1.38	CN¥0.17	CN¥0.18	CN¥0.32	CN¥0.18	-CN¥1.45	CN¥0.37	CN¥1.87
EPS (diluted)	-CN¥1.38	CN¥0.04	CN¥0.06	CN¥0.32	CN¥0.18	-CN¥1.45	CN¥0.37	CN¥1.81
Shares (basic, weighted)	100M	110M	152M	364M	396M	431M	436M	456M
Shares (diluted, weighted)	100M	430M	430M	364M	396M	431M	436M	471M
Depreciation & amortization	CN¥20.8M	CN¥21.9M	CN¥21.3M	CN¥29.2M	CN¥46.1M	CN¥62.5M	CN¥107M	CN¥169M
EBITDA	-CN¥112M	CN¥55.7M	CN¥59.1M	CN¥156M	CN¥143M	-CN¥566M	CN¥418M	CN¥1.27B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02