Beijing Transtrue Technology 真视通
One significant filing since 29 May 2026, on earnings pre-announcement (15 Jul 2026): 2026年半年度业绩预告. On 15 Jul 2026 the company said it expects net profit for the period ending 30 Jun 2026 to rise by 19.07% to 46.05% from the same period a year earlier.
自 29 May 2026 起有一份重大公告（earnings pre-announcement，15 Jul 2026）：2026年半年度业绩预告。15 Jul 2026 公司预告截至 30 Jun 2026 的净利润较上年同期上升 19.07% 至 46.05%。
As of 25 Sep 2026 截至2026年9月25日
Beijing Transtrue Technology 真视通, listed in 2015, provides IT services. The company reported a net loss in 2025 after a profit in 2024, with revenue down significantly. Its shares have declined over the past year, and it has seen high volatility with multiple 10% daily gains. Financial risks include a sharp drop in revenue, a shift to a net loss, and long receivable collection periods. The company's equity position remains stable with a low liabilities-to-assets ratio and strong liquidity ratios. Recent performance in the first half of 2026 shows a narrowed loss and a positive earnings forecast. Operating cash flow per share was -RMB0.09 for the half-year to 30 Jun 2026. The actual controller and largest shareholder is 王国红, holding 12.65% as of mid-2026.
真视通2015年上市，从事IT服务。公司2025年由盈转亏，营业收入大幅下降。过去一年股价下跌，且出现多次10%的单日涨幅，波动较高。财务风险包括收入大幅下滑、转为净亏损及应收账款回收周期过长。公司资产负债率较低，流动比率和速动比率良好，偿债能力较强。2026年上半年亏损收窄，业绩预告显示归母净利润同比上升。2026年6月30日止六个月每股经营现金流为-0.09元。实际控制人及第一大股东为王国红，2026年6月30日持股12.65%。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Attributable net loss in 2025 2025年归母净利润亏损 | The company reported a net loss in 2025. 公司2025年报告净亏损。 | A net loss reduces retained earnings and weakens equity. The shift from a profit of RMB7.1m in 2024 to a loss of RMB63.6m in 2025 reflects a severe deterioration in profitability. 净亏损会减少留存收益，削弱股东权益。2024年盈利706.2万元转为2025年亏损6,361.2万元，显示盈利能力严重恶化。 |
| Revenue down 20% or more on the year before 营业收入同比下降20%或以上 | Revenue declined by more than 20% year-on-year in 2025. 2025年营业收入同比下滑超20%。 | A revenue drop of 30.9% from RMB535.8m to RMB370.2m signals weakening demand or operational issues, reducing the base for profit and cash generation. 营业收入从5.36亿元降至3.70亿元，同比下滑30.9%，显示需求减弱或经营问题，削弱盈利和现金流基础。 |
| Receivables take over 180 days to collect 应收账款周转天数超过180天 | Receivables take over 180 days to collect. 应收账款回收周期超过180天。 | At 479 days, receivables are tied up for more than a year, increasing credit risk and straining liquidity despite high reported revenue. 应收账款周转天数达479天，资金被长期占用，加剧信用风险，即使收入较高也影响流动性。 |
- Whether the attributable net profit for the full year 2026 remains in loss or turns to profit.
2026全年归母净利润是否仍为亏损或转为盈利。 - The receivable days in the 2026 annual report to see if collection efficiency improves.
2026年年报中的应收账款周转天数是否改善。 - Operating cash flow per share in the 2026 full-year report, following a negative half-year figure.
2026全年每股经营现金流，继上半年为负之后。 - Revenue trend in the 2026 full-year report compared to 2025's decline.
2026全年营业收入趋势，对比2025年的下滑情况。 - The company's market capitalisation and price to book ratio in the next reporting period.
下一报告期公司的总市值及市净率水平。 - Any change in the shareholding of the actual controller 王国红.
实际控制人王国红的持股比例是否有变动。
- Company: Beijing Transtrue Technology 真视通, Shenzhen Stock Exchange 002771; industry IT Services; listed 29 Jun 2015.
公司：真视通，深圳证券交易所 002771；行业：IT服务；上市日期：2015年6月29日。 - Close on 24 Sep 2026 RMB13.55; close on 24 Sep 2025 RMB16.42; one-year change -17.5%.
2026年9月24日收盘价13.55元；2025年9月24日收盘价16.42元；一年涨跌幅-17.5%。 - 52-week range RMB11.27 to RMB18.52.
52周区间11.27元至18.52元。 - In the last 12 months 8 trading days closed 9% or more above or below the day before (all days, not only this year). The 5 most recent of them: 16 Apr 2026 +10.0%; 26 May 2026 +10.0%; 27 May 2026 +10.0%; 9 Jun 2026 +10.0%; 3 Jul 2026 +10.0%. The longest run of them on consecutive trading days: 3 days.
近12个月共有8个交易日收盘涨跌幅达9%及以上（为全部交易日，不限于今年）。其中最近5个：2026年4月16日 +10.0%；2026年5月26日 +10.0%；2026年5月27日 +10.0%；2026年6月9日 +10.0%；2026年7月3日 +10.0%。其中最长连续3个交易日。 - Market capitalisation RMB2.84bn; P/E TTM not meaningful (loss-making); price to book 4.90x.
总市值28.42亿元；市盈率（TTM）不适用（亏损）；市净率4.90倍。 - Revenue 2025 RMB370.2m; 2024 RMB535.8m; change -30.9%.
营业收入2025年3.70亿元；2024年5.36亿元；同比-30.9%。 - Attributable net profit 2025 -RMB63.6m; 2024 RMB7.1m; change -1,000.7% (from a profit to a loss).
归属于母公司股东的净利润2025年-6,361.2万元；2024年706.2万元；同比-1,000.7%（由盈转亏）。 - Net profit excluding non-recurring items, 2025 change -2,704.7%.
2025年扣除非经常性损益后的净利润同比-2,704.7%。 - Basic EPS 2025 -RMB0.30; 2024 RMB0.03.
基本每股收益2025年-0.30元；2024年0.03元。 - Operating cash flow per share 2025 RMB0.03; 2024 RMB0.22.
每股经营现金流2025年0.03元；2024年0.22元。 - 2025 gross margin 14.8%; net margin -19.1%; ROE -10.0%.
2025年毛利率14.8%；净利率-19.1%；净资产收益率-10.0%。 - At 30 Jun 2026: liabilities to assets 34.7%; current ratio 2.30; quick ratio 1.91; receivable days 479; inventory days 281.
截至2026年6月30日：资产负债率34.7%；流动比率2.30；速动比率1.91；应收账款周转天数479；存货周转天数281。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB83.1m, change -36.3%; attributable net profit -RMB25.0m, change +32.5% (the loss narrowed); operating cash flow per share -RMB0.09.
截至2026年6月30日的报告期（六个月，不可与上述全年数据直接比较）：营业收入8,314.9万元，同比-36.3%；归母净利润-2,500.7万元，同比+32.5%（亏损收窄）；每股经营现金流-0.09元。 - Pre-announcement of 15 Jul 2026 for the period to 30 Jun 2026: attributable net profit change +19% to +46%.
2026年7月15日发布的截至2026年6月30日业绩预告：归母净利润同比+19%至+46%。 - Ownership: actual controller 王国红; largest holder at 30 Jun 2026: 王国红, 12.65%.
股权：实际控制人：王国红；2026年6月30日第一大股东：王国红，持股12.65%。 - No distribution is held in this database, which begins on 1 Jan 2026; earlier distributions are not shown.
本数据库自2026年1月1日起记录，其中无该公司的分配记录；此前的分配未予显示。 - Aurelian Grade D, score 33.6 of 100, graded within a peer group of 137 companies in its industry; no rank among peers is given.
金源评级D，得分33.6（满分100），于行业同业137家中评定；未提供其在同业中的排名。 - Not held for this report: receivable ageing, litigation case amounts, the order book, the auditor's opinion and key audit matters, segment revenue.
本报告未掌握：应收账款账龄、诉讼案件金额、在手订单、审计意见及关键审计事项、分部收入。