Wangsu Science & Technology Co., Ltd. (WANGSU) income statement

SHZ · Technology · Software - Infrastructure · 1,364 employees · CEO Ke Hong

Price: CN¥15.35 +6.23%
Market cap: CN¥38.3B
Enterprise value: CN¥37.3B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-16

Wangsu Science & Technology Co., Ltd. (WANGSU) reported revenue of CN¥1.32B for Q3 '26 (+15.9% year on year), operating income of CN¥227M (17.2% of revenue) and net income of CN¥229M. Over the last four quarters revenue was CN¥4.81B.

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¥1.19B	CN¥1.12B	CN¥1.18B	CN¥1.31B	CN¥1.32B	CN¥1.23B	CN¥1.12B	CN¥1.14B	CN¥1.17B	CN¥1.12B	CN¥1.2B	CN¥1.32B
Cost of revenue	CN¥760M	CN¥747M	CN¥823M	CN¥940M	CN¥874M	CN¥853M	CN¥711M	CN¥722M	CN¥718M	CN¥702M	CN¥791M	CN¥806M
Gross profit	CN¥428M	CN¥373M	CN¥357M	CN¥369M	CN¥448M	CN¥382M	CN¥404M	CN¥419M	CN¥451M	CN¥414M	CN¥411M	CN¥517M
Research & development	CN¥131M	CN¥129M	CN¥100M	CN¥105M	CN¥120M	CN¥94.8M	CN¥94.8M	CN¥105M	CN¥115M	CN¥83.2M	CN¥75.9M	CN¥102M
Sales & marketing	CN¥92.1M	CN¥94M	CN¥98M	CN¥84.5M	CN¥116M	CN¥80.5M	CN¥89.9M	CN¥0	-CN¥214M	CN¥0	CN¥0	CN¥0
General & administrative	CN¥53.2M	CN¥70.3M	CN¥69.2M	CN¥67M	CN¥107M	CN¥58.8M	CN¥107M	CN¥214M	-CN¥46.4M	CN¥176M	CN¥0	CN¥0
Other operating expenses	-CN¥43.8M	-CN¥73.9M	-CN¥91.2M	-CN¥36.2M	-CN¥138M	-CN¥67M	-CN¥87.5M	CN¥4.06M	CN¥437M	CN¥3.48M	CN¥4.2M	CN¥2.82M
Operating expenses	CN¥233M	CN¥220M	CN¥176M	CN¥220M	CN¥206M	CN¥167M	CN¥204M	CN¥323M	CN¥290M	CN¥263M	CN¥213M	CN¥290M
Operating income	CN¥195M	CN¥153M	CN¥180M	CN¥149M	CN¥242M	CN¥215M	CN¥200M	CN¥96.1M	CN¥160M	CN¥151M	CN¥198M	CN¥227M
Interest income	CN¥87.4M	CN¥45.1M	CN¥57.4M	CN¥56.4M	CN¥71.5M	CN¥47.6M	CN¥71.2M	CN¥149M	CN¥22M	CN¥14.6M	CN¥20.8M	CN¥14.5M
Interest expense	CN¥3.85M	CN¥1.31M	CN¥1.1M	CN¥2.24M	CN¥2.64M	CN¥3.56M	CN¥5.7M	CN¥2.61M	CN¥2.55M	CN¥2.81M	CN¥2.42M	CN¥3.26M
Other non-operating income (gains on investments, FX ...)	CN¥92.6M	CN¥70M	CN¥101M	CN¥6.53M	CN¥154M	CN¥72.6M	CN¥95.6M	-CN¥190M	-CN¥4.64M	CN¥10.2M	CN¥0	CN¥0
Total non-operating income	-CN¥531K	CN¥2.73M	-CN¥112K	-CN¥80.8K	-CN¥721K	-CN¥1.6M	-CN¥518K	CN¥188M	CN¥2.08M	-CN¥13M	-CN¥4.3M	-CN¥8.49M
Income before tax	CN¥195M	CN¥156M	CN¥180M	CN¥149M	CN¥241M	CN¥214M	CN¥199M	CN¥284M	CN¥162M	CN¥138M	CN¥194M	CN¥219M
Income tax	CN¥9.27M	CN¥14.5M	CN¥19.3M	CN¥16.2M	CN¥5.61M	CN¥23.3M	CN¥20.1M	CN¥42.7M	-CN¥21.8M	CN¥16.9M	-CN¥33.3M	-CN¥10.8M
Net income	CN¥187M	CN¥138M	CN¥159M	CN¥132M	CN¥245M	CN¥192M	CN¥181M	CN¥244M	CN¥183M	CN¥121M	CN¥227M	CN¥229M
EPS (basic)	CN¥0.08	CN¥0.06	CN¥0.07	CN¥0.05	CN¥0.10	CN¥0.08	CN¥0.07	CN¥0.10	CN¥0.07	CN¥0.05	CN¥0.09	CN¥0.09
EPS (diluted)	CN¥0.08	CN¥0.06	CN¥0.06	CN¥0.05	CN¥0.10	CN¥0.08	CN¥0.07	CN¥0.10	CN¥0.07	CN¥0.05	CN¥0.09	CN¥0.09
Shares (basic, weighted)	2.44B	2.44B	2.44B	2.44B	2.42B	2.44B	2.45B	2.45B	2.45B	2.46B	2.46B	2.48B
Shares (diluted, weighted)	2.48B	2.44B	2.45B	2.44B	2.47B	2.45B	2.47B	2.49B	2.49B	2.49B	2.5B	2.49B
Depreciation & amortization	CN¥83M	CN¥69.4M	CN¥69.4M	CN¥65.3M	CN¥65.3M	CN¥49.2M	CN¥49.2M	CN¥43.7M	CN¥43.7M	CN¥0	CN¥44.3M	CN¥0
EBITDA	CN¥186M	CN¥153M	CN¥148M	CN¥208M	CN¥153M	CN¥192M	CN¥153M	CN¥330M	CN¥209M	CN¥140M	CN¥242M	CN¥227M

Income statement	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥4.45B	CN¥5.37B	CN¥6.34B	CN¥6.01B	CN¥5.69B	CN¥4.58B	CN¥5.08B	CN¥4.71B	CN¥4.93B	CN¥4.66B
Cost of revenue	CN¥2.58B	CN¥3.47B	CN¥4.23B	CN¥4.5B	CN¥4.25B	CN¥3.42B	CN¥3.75B	CN¥3.2B	CN¥3.38B	CN¥3B
Gross profit	CN¥1.87B	CN¥1.9B	CN¥2.11B	CN¥1.51B	CN¥1.44B	CN¥1.16B	CN¥1.33B	CN¥1.51B	CN¥1.55B	CN¥1.66B
Research & development	CN¥335M	CN¥428M	CN¥589M	CN¥662M	CN¥587M	CN¥543M	CN¥504M	CN¥482M	CN¥455M	CN¥409M
Sales & marketing	CN¥269M	CN¥397M	CN¥442M	CN¥403M	CN¥358M	CN¥390M	CN¥370M	CN¥399M	CN¥393M	CN¥46.9M
General & administrative	CN¥491M	CN¥383M	CN¥342M	CN¥328M	CN¥289M	CN¥307M	CN¥288M	CN¥291M	CN¥314M	CN¥242M
Other operating expenses	-CN¥468M	-CN¥141M	-CN¥108M	-CN¥46.1M	-CN¥84.9M	-CN¥256M	-CN¥87.1M	-CN¥351M	-CN¥339M	CN¥96.9M
Operating expenses	CN¥627M	CN¥1.07B	CN¥1.27B	CN¥1.35B	CN¥1.15B	CN¥984M	CN¥1.08B	CN¥821M	CN¥823M	CN¥795M
Operating income	CN¥1.24B	CN¥833M	CN¥841M	CN¥164M	CN¥290M	CN¥173M	CN¥255M	CN¥685M	CN¥725M	CN¥861M
Interest income	CN¥148M	CN¥142M	CN¥141M	CN¥121M	CN¥79.1M	CN¥69.1M	CN¥60M	CN¥139M	CN¥156M	CN¥131M
Interest expense	CN¥3.71M	CN¥16.8M	CN¥43.1M	CN¥37.6M	CN¥2.97M	CN¥16.4M	CN¥20.1M	CN¥9.09M	CN¥19.3M	CN¥14.4M
Other non-operating income (gains on investments, FX ...)	CN¥153M	CN¥187M	CN¥180M	CN¥85.5M	CN¥125M	CN¥271M	CN¥114M	CN¥339M	CN¥332M	-CN¥13.1M
Total non-operating income	CN¥87.3M	CN¥16.8M	CN¥6.88M	-CN¥142M	-CN¥71.3M	-CN¥35.3M	-CN¥61.2M	-CN¥34M	CN¥1.82M	-CN¥1.36M
Income before tax	CN¥1.33B	CN¥850M	CN¥848M	CN¥21.7M	CN¥218M	CN¥138M	CN¥194M	CN¥651M	CN¥727M	CN¥860M
Income tax	CN¥77.8M	CN¥33.4M	CN¥50.7M	-CN¥15.6M	-CN¥1.17M	-CN¥25.9M	CN¥9.94M	CN¥45M	CN¥55.6M	CN¥64.4M
Net income	CN¥1.25B	CN¥830M	CN¥804M	CN¥34.5M	CN¥220M	CN¥165M	CN¥191M	CN¥613M	CN¥675M	CN¥800M
EPS (basic)	CN¥0.53	CN¥0.34	CN¥0.33	CN¥0.01	CN¥0.09	CN¥0.07	CN¥0.08	CN¥0.25	CN¥0.28	CN¥0.33
EPS (diluted)	CN¥0.52	CN¥0.34	CN¥0.33	CN¥0.01	CN¥0.09	CN¥0.07	CN¥0.08	CN¥0.25	CN¥0.27	CN¥0.32
Shares (basic, weighted)	2.36B	2.41B	2.42B	2.41B	2.41B	2.45B	2.44B	2.45B	2.41B	2.45B
Shares (diluted, weighted)	2.4B	2.44B	2.44B	2.41B	2.41B	2.45B	2.44B	2.45B	2.5B	2.49B
Depreciation & amortization	CN¥187M	CN¥383M	CN¥541M	CN¥581M	CN¥540M	CN¥515M	CN¥431M	CN¥353M	CN¥269M	CN¥179M
EBITDA	CN¥1.27B	CN¥1.03B	CN¥1.2B	CN¥659M	CN¥705M	CN¥416M	CN¥572M	CN¥699M	CN¥662M	CN¥1.05B

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