Diwang Industrial Holdings Limited (HKG:1950)

HKG:1950 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	103.76	64.82	54.73	48.95	48.11	28.45
Short-Term Investments	0.17	0.09	0.08	0.14	1.95	-
Trading Asset Securities	7.21	17.71	5.97	9.52	7.76	36.26
Cash & Short-Term Investments	111.14	82.62	60.78	58.61	57.82	64.71
Cash Growth	35.03%	35.92%	3.71%	1.36%	-10.64%	-18.75%
Accounts Receivable	263.73	260.23	241.27	242.04	144.77	90.36
Other Receivables	5.49	2.93	5.23	11.25	0.17	0.05
Receivables	269.22	263.17	246.5	253.29	144.94	90.41
Inventory	93.29	62.35	44.68	108.31	98.24	31.28
Other Current Assets	160.79	194.66	205.45	128.43	6.92	7.68
Total Current Assets	634.44	602.79	557.41	548.64	307.92	194.07
Property, Plant & Equipment	268.21	271.35	254.03	139.53	134.79	115.69
Long-Term Investments	5.29	5.33	5.43	5.51	2.89	2.96
Long-Term Deferred Tax Assets	0.01	0.01	2.7	1.62	0.78	0.45
Other Long-Term Assets	2.59	7.41	8.12	42.31	-	-
Total Assets	910.54	886.88	827.68	737.59	446.38	313.17

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	61	69.62	70.28	51.54	68.66	38.01
Accrued Expenses	15.45	16.44	15.7	14.5	7.88	4.56
Short-Term Debt	74.93	99.7	64.96	26.45	10.45	-
Current Income Taxes Payable	4.52	5.15	1.3	1.8	7.85	0.05
Current Unearned Revenue	1.46	2.46	3.4	1.29	0.75	0.43
Total Current Liabilities	157.36	193.38	155.65	95.58	95.59	43.05
Long-Term Unearned Revenue	4.43	4.5	3.29	3.42	0.41	0.55
Total Liabilities	161.79	197.88	158.94	99.01	96	43.6

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	12.71	12.71	12.71	12.71	4.96	4.15
Additional Paid-In Capital	458.7	458.7	458.7	458.7	202.86	166.72
Retained Earnings	103.95	90.45	112.39	82.36	62.91	41.06
Comprehensive Income & Other	61.13	60.56	60.3	60.16	60.41	57.65
Total Common Equity	636.49	622.41	644.09	613.92	331.14	269.58
Minority Interest	112.27	66.59	24.65	24.67	19.24	-
Shareholders' Equity	748.75	689	668.74	638.59	350.38	269.58
Total Liabilities & Equity	910.54	886.88	827.68	737.59	446.38	313.17

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	74.93	99.7	64.96	26.45	10.45	-
Net Cash (Debt)	36.2	-17.09	-4.18	32.16	47.37	64.71
Net Cash Growth	-	-	-	-32.12%	-26.79%	-18.75%
Net Cash Per Share	0.05	-0.02	-0.01	0.07	0.18	0.28
Filing Date Shares Outstanding	720	720	720	720	288	240
Total Common Shares Outstanding	720	720	720	720	288	240
Working Capital	477.09	409.41	401.76	453.06	212.34	151.03
Book Value Per Share	0.88	0.86	0.89	0.85	1.15	1.12
Tangible Book Value	636.49	622.41	644.09	613.92	331.14	269.58
Tangible Book Value Per Share	0.88	0.86	0.89	0.85	1.15	1.12
Buildings	-	116.48	116.37	89.71	89.71	46.07
Machinery	-	95.41	93.74	73.13	66.63	62.17
Construction In Progress	-	94.38	61	16.15	8.26	29.92

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 19, 2026

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