Ningbo Solartron Technology Co.,Ltd. (SHA:688299)

SHA:688299 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	475.63	355.85	285.96	347.26	376.49	518.44
Trading Asset Securities	0.22	-	-	40	50	200.36
Cash & Short-Term Investments	475.85	355.85	285.96	387.26	426.49	718.81
Cash Growth	20.07%	24.44%	-26.16%	-9.20%	-40.67%	-1.54%
Accounts Receivable	507.26	582.58	659.09	614.69	508.23	501.09
Other Receivables	2.12	64.27	51.96	55.47	19.32	13.36
Receivables	509.37	646.84	711.05	670.16	527.55	514.45
Inventory	207.78	215.68	260.71	272.4	212.52	168.21
Other Current Assets	83.48	24.85	45.84	22.78	19.07	25.07
Total Current Assets	1,276	1,243	1,304	1,353	1,186	1,427
Property, Plant & Equipment	1,632	1,684	1,837	1,769	1,119	833.39
Long-Term Investments	57.21	43.58	8.69	11.55	3.67	-
Other Intangible Assets	185.17	193.67	190.51	165.58	171.65	133.16
Long-Term Deferred Tax Assets	23.21	24.56	19.29	20.75	20.53	20.38
Long-Term Deferred Charges	0.7	0.77	1.25	1.86	1.79	3.03
Other Long-Term Assets	25.91	2.38	22.36	15.51	199.05	70.01
Total Assets	3,201	3,192	3,383	3,337	2,701	2,487

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	320.05	379.5	437.04	415.6	274.9	273.34
Accrued Expenses	10.85	31.41	26.37	35.42	29.73	21.95
Short-Term Debt	233.42	129.78	47.93	9.51	30.02	50.05
Current Portion of Long-Term Debt	121.75	115.95	130.99	32.06	-	-
Current Income Taxes Payable	5.02	3.71	3.38	3.95	2.94	6.85
Current Unearned Revenue	5.96	2.95	0.66	0.98	2.1	4.55
Other Current Liabilities	52.49	66.4	82.75	66.95	59.46	69.82
Total Current Liabilities	749.54	729.7	729.13	564.46	399.14	426.55
Long-Term Debt	375.8	396.2	462.34	494.78	146.31	-
Long-Term Unearned Revenue	108.51	113.74	102.65	95.38	81.72	72.07
Long-Term Deferred Tax Liabilities	2.89	2.2	1.24	1.44	1.6	-
Total Liabilities	1,237	1,242	1,295	1,156	628.78	498.62

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	287.39	287.39	290.5	290.5	286.83	285.18
Additional Paid-In Capital	1,152	1,152	1,199	1,199	1,156	1,130
Retained Earnings	562	552.04	695.62	739.17	657.95	572.86
Treasury Stock	-50.1	-50.1	-100.12	-50.02	-30.01	-
Comprehensive Income & Other	12.34	8.37	2.19	1.97	1.92	-0.35
Shareholders' Equity	1,964	1,950	2,087	2,181	2,073	1,988
Total Liabilities & Equity	3,201	3,192	3,383	3,337	2,701	2,487

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	730.97	641.93	641.27	536.35	176.34	50.05
Net Cash (Debt)	-255.12	-286.08	-355.31	-149.08	250.15	668.76
Net Cash Growth	-	-	-	-	-62.59%	-5.81%
Net Cash Per Share	-0.97	-1.02	-1.21	-0.53	0.88	2.33
Filing Date Shares Outstanding	219.34	282.29	282.29	287.39	285	285.18
Total Common Shares Outstanding	219.34	282.29	282.29	287.39	285	285.18
Working Capital	526.95	513.52	574.44	788.15	786.48	999.98
Book Value Per Share	8.95	6.91	7.39	7.59	7.27	6.97
Tangible Book Value	1,779	1,756	1,897	2,015	1,901	1,855
Tangible Book Value Per Share	8.11	6.22	6.72	7.01	6.67	6.50
Buildings	-	901.87	888.82	826.31	519.97	261.89
Machinery	-	1,141	1,040	1,054	711.19	631.55
Construction In Progress	-	142.52	303.28	205.96	143.27	143.62

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:

Aug 27, 2026

Data Sources Report a data error