Zhejiang Galaxis Technology Group Co., Ltd. (HKG:2729)

HKG:2729 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	641.32	89.55	111.19	104.76	194.47
Short-Term Investments	23.33	49.42	141.34	129.6	-
Trading Asset Securities	25.52	62.5	46.19	-	20.92
Cash & Short-Term Investments	690.17	201.48	298.72	234.36	215.38
Cash Growth	-	-32.55%	27.46%	8.81%	-
Accounts Receivable	427.67	422.68	337.6	350.59	391.02
Other Receivables	59.22	58.63	35.59	36.49	18.88
Receivables	486.89	481.31	373.19	387.08	409.89
Inventory	668.31	824.58	1,054	1,146	799.32
Prepaid Expenses	13.76	3.36	3.89	1.95	2.68
Restricted Cash	42.04	72.9	79.34	47.78	22.25
Other Current Assets	22.34	26.7	30.11	32.56	22.32
Total Current Assets	1,924	1,610	1,839	1,849	1,472
Property, Plant & Equipment	123.2	127.21	135.85	154.55	189.32
Long-Term Investments	71.11	50.53	21.21	134.57	253.5
Other Intangible Assets	8.58	7.4	9.59	7.81	8.88
Other Long-Term Assets	0.34	0.08	0.19	3.51	8.37
Total Assets	2,127	1,796	2,006	2,150	1,932

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Accounts Payable	492.97	543.8	579.26	546.16	436.15
Accrued Expenses	28.35	47.35	47.56	52.42	62.47
Current Portion of Long-Term Debt	36.3	34.25	17.23	31.7	13.36
Current Portion of Leases	3.35	3.5	2.39	7.06	15.66
Current Income Taxes Payable	0.52	0.46	0.83	0.62	2.76
Current Unearned Revenue	409.87	496.06	653	743.23	472.21
Other Current Liabilities	31.53	1,857	1,719	1,603	1,476
Total Current Liabilities	1,003	2,982	3,019	2,984	2,479
Long-Term Debt	33.77	36.67	44.3	51.01	43.48
Long-Term Leases	3.65	1.69	2.9	6.38	41.56
Long-Term Unearned Revenue	5.85	5.85	5.5	2.3	13.38
Total Liabilities	1,046	3,026	3,072	3,043	2,577

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Common Stock	427.88	391.09	391.09	391.09	391.09
Retained Earnings	-	-1,276	-1,103	-934.37	-692.65
Comprehensive Income & Other	649.36	-341.38	-347.3	-348.94	-351.35
Total Common Equity	1,077	-1,226	-1,060	-892.22	-652.92
Minority Interest	3.34	-4.67	-6.22	-1.42	7.58
Shareholders' Equity	1,081	-1,231	-1,066	-893.64	-645.34
Total Liabilities & Equity	2,127	1,796	2,006	2,150	1,932

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Total Debt	77.07	76.11	66.82	96.15	114.05
Net Cash (Debt)	613.1	125.37	231.9	138.21	101.33
Net Cash Growth	-	-45.94%	67.79%	36.39%	-
Net Cash Per Share	1.29	0.32	0.59	0.35	0.28
Filing Date Shares Outstanding	427.88	427.88	391.09	391.09	365.12
Total Common Shares Outstanding	427.88	391.09	391.09	391.09	365.12
Working Capital	920.62	-1,372	-1,180	-1,134	-1,007
Book Value Per Share	2.52	-3.14	-2.71	-2.28	-1.79
Tangible Book Value	1,069	-1,233	-1,069	-900.03	-661.8
Tangible Book Value Per Share	2.50	-3.15	-2.73	-2.30	-1.81
Machinery	-	143.08	138.81	139.72	117.36
Construction In Progress	-	-	3.8	4.16	13.46
Order Backlog	-	2,200	-	2,332	1,890

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

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

Update frequency:

Quarterly

Last checked:

Sep 3, 2026

Data Sources Report a data error