China Titans Energy Technology Group Co., Limited (HKG:2188)

HKG:2188 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	134.35	172.91	133.86	219.77	84.71	35.99
Short-Term Investments	-	16.69	16.23	16.22	14.73	62.96
Trading Asset Securities	-	-	-	-	-	0.5
Cash & Short-Term Investments	134.35	189.6	150.1	235.99	99.45	99.44
Cash Growth	-13.09%	26.32%	-36.40%	137.31%	0.00%	7.09%
Accounts Receivable	318.33	347.57	415.85	349.89	332.46	316.7
Other Receivables	-	37.26	10.48	19.78	19.58	19.42
Receivables	318.33	384.82	426.33	369.67	353.44	340.12
Inventory	192.33	193.57	143.08	192.1	194.88	153.19
Restricted Cash	14.62	21.88	56.87	32.98	12.97	18.26
Other Current Assets	81.06	22.74	22.49	22.99	-	-
Total Current Assets	740.7	812.62	798.87	853.74	660.74	611.01
Property, Plant & Equipment	177.72	178.43	163.84	164.78	168.41	170.84
Long-Term Investments	22.98	29.14	26.92	30.13	45.78	47.03
Other Intangible Assets	1.48	4.64	8.68	13.5	19.82	26.13
Long-Term Accounts Receivable	-	-	-	-	-	0.19
Long-Term Deferred Tax Assets	14.23	14	22.38	16.7	12.21	9.93
Total Assets	957.1	1,039	1,021	1,079	906.96	866.43

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	102.45	165.99	155.77	215.51	196.99	127
Accrued Expenses	15.96	6.78	7.54	7.53	10.01	7.79
Short-Term Debt	-	0.46	0.46	-	-	-
Current Portion of Long-Term Debt	170.16	153.22	155.8	105.44	111.2	115.99
Current Portion of Leases	-	-	1.96	1.88	-	-
Current Income Taxes Payable	-	0.34	0.1	0.13	0.98	1.59
Current Unearned Revenue	56.02	60.23	63.86	62.91	16.9	28.4
Other Current Liabilities	-	0.99	0.92	1.46	1.79	1.38
Total Current Liabilities	344.59	388.02	386.4	394.86	337.87	282.16
Long-Term Debt	97.72	102.18	53.97	51.11	53.38	47.78
Long-Term Leases	-	-	-	1.96	-	-
Long-Term Deferred Tax Liabilities	10.48	10.48	11.32	12.28	13.12	13.57
Total Liabilities	452.78	500.68	451.69	460.21	404.36	343.51

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	13.09	13.09	13.09	13.09	8.09	8.09
Additional Paid-In Capital	482.44	490.33	490.33	490.33	325.14	325.14
Retained Earnings	-	36.78	66.39	109.28	153.24	171.43
Comprehensive Income & Other	-	-11.03	-9.54	-3.3	4.59	6.34
Total Common Equity	495.53	529.17	560.27	609.41	491.05	510.99
Minority Interest	8.79	8.98	8.74	9.23	11.55	11.93
Shareholders' Equity	504.32	538.15	569.01	618.64	502.6	522.92
Total Liabilities & Equity	957.1	1,039	1,021	1,079	906.96	866.43

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	267.88	255.86	212.19	160.4	164.58	163.78
Net Cash (Debt)	-133.53	-66.26	-62.09	75.6	-65.14	-64.33
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.09	-0.04	-0.04	0.06	-0.07	-0.07
Filing Date Shares Outstanding	1,492	1,492	1,492	1,492	925.06	925.06
Total Common Shares Outstanding	1,492	1,492	1,492	1,492	925.06	925.06
Working Capital	396.11	424.6	412.47	458.88	322.88	328.85
Book Value Per Share	0.33	0.35	0.38	0.41	0.53	0.55
Tangible Book Value	494.05	524.54	551.59	595.91	471.23	484.86
Tangible Book Value Per Share	0.33	0.35	0.37	0.40	0.51	0.52
Land	-	158.23	158.23	173.24	173.24	171
Machinery	-	76.45	86.45	80.02	75.88	75.13
Construction In Progress	-	24.96	9.78	2.41	2.19	-
Leasehold Improvements	-	22.54	14.73	14.41	14.41	14.41

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 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 14, 2026

Data Sources Report a data error