Comtec Solar Systems Group Limited (HKG:0712)

HKG:0712 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	11.28	4.26	9.08	18.29	22.54	6.77
Short-Term Investments	171.31	-	-	-	0.12	0.15
Cash & Short-Term Investments	182.59	4.26	9.08	18.29	22.66	6.92
Cash Growth	50.99%	-53.08%	-50.37%	-19.30%	227.40%	-90.76%
Accounts Receivable	29.47	53.52	12.51	47.49	5.97	7.49
Other Receivables	-	83.89	47.74	33.92	32.55	29.91
Receivables	29.47	152.42	68.74	89.91	38.52	37.39
Inventory	453.98	132.96	1.09	1.59	3.08	3.16
Other Current Assets	0.01	63.22	4.37	21.88	161.75	9.86
Total Current Assets	666.04	352.86	83.28	131.66	226.01	57.33
Property, Plant & Equipment	25.79	26.09	17.54	26.18	31.84	99.02
Long-Term Investments	9.02	9.43	8.43	2.87	-	-
Goodwill	-	-	-	-	-	6.57
Other Intangible Assets	-	-	-	-	-	0.92
Long-Term Deferred Tax Assets	1.89	1.89	1.89	3.67	-	-
Other Long-Term Assets	31.39	30.48	35.13	42.66	45.09	128.05
Total Assets	734.13	420.75	146.26	207.04	302.95	291.89

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	195.92	285.11	52.92	91.98	50.13	66.76
Accrued Expenses	106.45	92.83	66.24	56.6	36.99	47.51
Short-Term Debt	61.72	68.65	50.14	2.08	4.76	17.67
Current Portion of Long-Term Debt	89.11	70.11	25.5	34.24	69.63	168.62
Current Portion of Leases	1.83	1.44	2.58	3.9	4.54	2.13
Current Income Taxes Payable	5.86	5.87	5.86	5.92	5.86	5.83
Current Unearned Revenue	140.82	23.58	4.87	7.48	7.75	7.22
Other Current Liabilities	65.11	56.44	51.06	86.95	238.6	55.05
Total Current Liabilities	666.82	604.02	259.16	289.15	418.27	370.79
Long-Term Debt	207.22	29.13	34.67	34.46	4.7	7.5
Long-Term Leases	5.89	7.11	8.8	11.31	19.87	7.75
Long-Term Unearned Revenue	1.4	1.82	2.3	4.81	8.98	6.49
Long-Term Deferred Tax Liabilities	2.38	2.38	1.75	1.75	15.28	12.83
Total Liabilities	883.7	644.44	306.68	341.48	467.1	405.35

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	3.73	3.73	3.73	3.15	2.75	2.75
Additional Paid-In Capital	-	1,601	1,601	1,587	1,572	1,572
Retained Earnings	-	-1,972	-1,908	-1,860	-1,904	-1,849
Comprehensive Income & Other	-236.33	136.86	136.35	136.27	166.61	166.61
Total Common Equity	-232.6	-230.4	-167.35	-133.64	-163.44	-107.63
Minority Interest	83.04	6.71	6.93	-0.81	-0.72	-5.83
Shareholders' Equity	-149.57	-223.69	-160.42	-134.44	-164.15	-113.46
Total Liabilities & Equity	734.13	420.75	146.26	207.04	302.95	291.89

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	365.77	176.42	121.69	86	103.5	203.67
Net Cash (Debt)	-183.18	-172.17	-112.61	-67.71	-80.85	-196.75
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.17	-0.16	-0.11	-0.08	-0.10	-0.25
Filing Date Shares Outstanding	1,060	1,060	1,060	901.58	791.71	791.71
Total Common Shares Outstanding	1,060	1,060	1,060	901.58	791.71	791.71
Working Capital	-0.77	-251.16	-175.88	-157.5	-192.26	-313.45
Book Value Per Share	-0.22	-0.22	-0.16	-0.15	-0.21	-0.14
Tangible Book Value	-232.6	-230.4	-167.35	-133.64	-163.44	-115.12
Tangible Book Value Per Share	-0.22	-0.22	-0.16	-0.15	-0.21	-0.15
Buildings	-	-	33.94	33.82	33.82	82.85
Machinery	-	128.87	133.09	137.34	134	180.02
Construction In Progress	-	-	-	-	-	0.34

Data Source: S&P Global Market Intelligence Last updated: Aug 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 11, 2026

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