Western Superconducting Technologies Co., Ltd. (SHA:688122)
China · Delayed Price · Currency is CNY 49.20
+0.43 (0.88%)
Aug 21, 2026, 3:00 PM CST
SHA:688122 Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 1,175 | 2,042 | 1,513 | 1,482 | 2,113 | 2,597 |
Trading Asset Securities | 1,212 | 816.33 | 862.14 | 1,184 | 1,174 | 100 |
Cash & Short-Term Investments | 2,388 | 2,858 | 2,376 | 2,667 | 3,287 | 2,697 |
Cash Growth | -1.51% | 20.30% | -10.91% | -18.87% | 21.84% | 242.72% |
Accounts Receivable | 4,704 | 4,301 | 4,222 | 3,344 | 3,441 | 2,715 |
Other Receivables | 9.53 | 26.55 | 88.36 | 92.6 | 19.74 | 47.28 |
Receivables | 4,714 | 4,328 | 4,310 | 3,437 | 3,461 | 2,762 |
Inventory | 4,552 | 4,477 | 3,860 | 3,342 | 2,380 | 1,599 |
Prepaid Expenses | - | 4.94 | 1.99 | 3.21 | 1.45 | 0.3 |
Other Current Assets | 133.35 | 84.45 | 52.49 | 44.3 | 36.79 | 37.52 |
Total Current Assets | 11,787 | 11,752 | 10,600 | 9,493 | 9,166 | 7,096 |
Property, Plant & Equipment | 2,516 | 2,537 | 2,297 | 1,946 | 1,380 | 1,196 |
Long-Term Investments | 230.71 | 232.22 | 210.14 | 206.75 | 165.11 | 149.24 |
Other Intangible Assets | 315.67 | 317.37 | 327.7 | 291.38 | 179.37 | 171.37 |
Long-Term Deferred Tax Assets | 198.73 | 185.46 | 135.69 | 101.33 | 95.11 | 81.77 |
Long-Term Deferred Charges | - | - | - | - | - | 17.61 |
Other Long-Term Assets | 64.25 | 64.69 | 38.91 | 45.57 | 320.83 | 46.05 |
Total Assets | 15,112 | 15,088 | 13,609 | 12,084 | 11,306 | 8,758 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 3,032 | 2,520 | 2,134 | 1,524 | 1,513 | 848.49 |
Accrued Expenses | 98.86 | 570.4 | 658.8 | 467.33 | 375.69 | 311.18 |
Short-Term Debt | 1,287 | 1,349 | 778.59 | 727.65 | 981.89 | 1,001 |
Current Portion of Long-Term Debt | 569.36 | 801.02 | 966.92 | 435.92 | 276.58 | 38.02 |
Current Portion of Leases | - | 2.54 | 2.52 | 3.46 | 1.66 | - |
Current Income Taxes Payable | 55.17 | 11.49 | 89.16 | 22.45 | 3.95 | 35.89 |
Current Unearned Revenue | 279.95 | 256.46 | 142.77 | 141.56 | 183.54 | 267.66 |
Other Current Liabilities | 48.41 | 100.89 | 183.29 | 100.82 | 69.86 | 78.22 |
Total Current Liabilities | 5,370 | 5,611 | 4,956 | 3,423 | 3,406 | 2,581 |
Long-Term Debt | 1,220 | 1,110 | 905.29 | 1,553 | 1,178 | 445.66 |
Long-Term Leases | 0.09 | 0.1 | 1.9 | - | 1.71 | - |
Long-Term Unearned Revenue | 573.44 | 523.74 | 475.72 | 354.91 | 342.22 | 288.21 |
Long-Term Deferred Tax Liabilities | 14.36 | 16.22 | 3.32 | 16.28 | 17.08 | - |
Other Long-Term Liabilities | 0.37 | 0.39 | 0.68 | - | - | - |
Total Liabilities | 7,179 | 7,262 | 6,342 | 5,348 | 4,945 | 3,315 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 649.66 | 649.66 | 649.66 | 649.66 | 464.05 | 464.05 |
Additional Paid-In Capital | 3,659 | 3,659 | 3,647 | 3,577 | 3,731 | 3,718 |
Retained Earnings | 2,820 | 2,776 | 2,359 | 2,078 | 1,789 | 1,173 |
Comprehensive Income & Other | 46.01 | 43.35 | 28.1 | 20.4 | 12.13 | 5.58 |
Total Common Equity | 7,175 | 7,128 | 6,684 | 6,325 | 5,996 | 5,361 |
Minority Interest | 758.6 | 697.88 | 582.77 | 411.44 | 364.59 | 82.6 |
Shareholders' Equity | 7,933 | 7,826 | 7,267 | 6,736 | 6,361 | 5,443 |
Total Liabilities & Equity | 15,112 | 15,088 | 13,609 | 12,084 | 11,306 | 8,758 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 3,076 | 3,263 | 2,655 | 2,720 | 2,440 | 1,485 |
Net Cash (Debt) | -688.5 | -405.34 | -279.68 | -53.83 | 846.25 | 1,213 |
Net Cash Growth | - | - | - | - | -30.21% | - |
Net Cash Per Share | -1.07 | -0.62 | -0.43 | -0.08 | 1.30 | 1.96 |
Filing Date Shares Outstanding | 649.66 | 649.66 | 649.66 | 649.66 | 649.66 | 649.66 |
Total Common Shares Outstanding | 649.66 | 649.66 | 649.66 | 649.66 | 649.66 | 649.66 |
Working Capital | 6,416 | 6,140 | 5,644 | 6,070 | 5,760 | 4,515 |
Book Value Per Share | 11.04 | 10.97 | 10.29 | 9.74 | 9.23 | 8.25 |
Tangible Book Value | 6,859 | 6,811 | 6,356 | 6,033 | 5,817 | 5,189 |
Tangible Book Value Per Share | 10.56 | 10.48 | 9.78 | 9.29 | 8.95 | 7.99 |
Buildings | - | 953.39 | 776.9 | 465.1 | 396.44 | 387.83 |
Machinery | - | 2,497 | 2,254 | 1,788 | 1,489 | 1,278 |
Construction In Progress | - | 234.57 | 231.91 | 536.41 | 220.97 | 158.51 |