GoodWe Technologies Co., Ltd. (SHA:688390)
China · Delayed Price · Currency is CNY 58.87
-0.92 (-1.54%)
Sep 23, 2026, 3:00 PM CST
GoodWe Technologies 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 | Jun '26 Jun 30, 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 | 1,942 | 1,465 | 1,073 | 1,838 | 1,577 | 1,231 |
Short-Term Investments | 86.14 | 54.53 | - | - | - | - |
Trading Asset Securities | 17.3 | 25.39 | 14.89 | 0.24 | 80.15 | 70.45 |
Cash & Short-Term Investments | 2,045 | 1,544 | 1,088 | 1,839 | 1,657 | 1,302 |
Cash Growth | 89.49% | 41.92% | -40.81% | 10.98% | 27.28% | -4.31% |
Accounts Receivable | 3,440 | 2,320 | 1,089 | 830.26 | 736.53 | 671.94 |
Other Receivables | 223.31 | 153.68 | 129.62 | 92.54 | 97.04 | 32.01 |
Receivables | 3,663 | 2,473 | 1,219 | 922.81 | 833.57 | 703.95 |
Inventory | 4,187 | 2,401 | 2,638 | 1,944 | 1,579 | 854.97 |
Prepaid Expenses | - | - | - | - | 10.97 | - |
Other Current Assets | 372.07 | 332.15 | 323.96 | 313.4 | 169.64 | 79.32 |
Total Current Assets | 10,267 | 6,751 | 5,269 | 5,019 | 4,250 | 2,940 |
Property, Plant & Equipment | 1,876 | 1,922 | 2,020 | 1,560 | 1,090 | 533.98 |
Long-Term Investments | 232.34 | 251.62 | 263.43 | 273.28 | 208.15 | 88.91 |
Goodwill | 33.97 | 33.97 | 33.97 | 9.19 | 9.19 | 17.92 |
Other Intangible Assets | 108.56 | 110.65 | 111.62 | 113.78 | 73.2 | 76.01 |
Long-Term Deferred Tax Assets | 354.96 | 313.84 | 202.83 | 46.27 | 59.91 | 22.16 |
Long-Term Deferred Charges | 37.65 | 36.89 | 45.49 | 63.63 | 61.14 | 9.89 |
Other Long-Term Assets | 32.92 | 4.07 | 5.19 | 26.01 | 47.17 | 25.87 |
Total Assets | 12,944 | 9,424 | 7,952 | 7,111 | 5,799 | 3,715 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 6,365 | 3,780 | 1,459 | 2,137 | 2,312 | 1,644 |
Accrued Expenses | 327.09 | 269.89 | 169.4 | 163.72 | 119.44 | 111.18 |
Short-Term Debt | 1,255 | 1,086 | 1,323 | 260.14 | 50.05 | - |
Current Portion of Long-Term Debt | 4.86 | 4.07 | 25.04 | 5.48 | - | - |
Current Portion of Leases | 20.21 | 19.66 | 39.18 | 19.09 | 26.17 | 7.48 |
Current Income Taxes Payable | 85.29 | 30.79 | 49.75 | 81.27 | 83.07 | 9.08 |
Current Unearned Revenue | 410.49 | 255.29 | 345.5 | 229.32 | 321.26 | 103.89 |
Other Current Liabilities | 591.13 | 659.83 | 1,049 | 803.84 | 378.43 | 108.78 |
Total Current Liabilities | 9,059 | 6,105 | 4,461 | 3,700 | 3,290 | 1,984 |
Long-Term Debt | 371.35 | 129 | 168.54 | 71.27 | - | - |
Long-Term Leases | 138.28 | 134.85 | 252.08 | 144.15 | 139.05 | 13.39 |
Long-Term Unearned Revenue | 48.95 | 47.54 | 33.7 | 28.67 | 3.89 | 1.07 |
Long-Term Deferred Tax Liabilities | 1.48 | 5.68 | 8.91 | 0.12 | 0 | 4.97 |
Other Long-Term Liabilities | 145.3 | 127.49 | 114.51 | 106.58 | 84.7 | 33.14 |
Total Liabilities | 9,765 | 6,549 | 5,039 | 4,051 | 3,518 | 2,037 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 243.12 | 243 | 242.59 | 172.89 | 123.2 | 88 |
Additional Paid-In Capital | 950.09 | 912.31 | 919.43 | 1,012 | 993.76 | 971.98 |
Retained Earnings | 2,018 | 1,732 | 1,597 | 1,788 | 1,133 | 589.53 |
Treasury Stock | -160 | -160 | -10 | - | - | - |
Comprehensive Income & Other | 9.77 | 9.63 | 1.03 | 9.58 | 7.31 | 6.41 |
Total Common Equity | 3,061 | 2,737 | 2,750 | 2,983 | 2,257 | 1,656 |
Minority Interest | 117.86 | 137.99 | 163.59 | 77.3 | 23.63 | 21.86 |
Shareholders' Equity | 3,179 | 2,875 | 2,913 | 3,060 | 2,281 | 1,678 |
Total Liabilities & Equity | 12,944 | 9,424 | 7,952 | 7,111 | 5,799 | 3,715 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 1,790 | 1,373 | 1,808 | 500.13 | 215.28 | 20.87 |
Net Cash (Debt) | 255.38 | 171.15 | -719.9 | 1,339 | 1,442 | 1,281 |
Net Cash Growth | - | - | - | -7.14% | 12.54% | -5.85% |
Net Cash Per Share | 1.05 | 0.71 | -3.03 | 5.50 | 5.93 | 5.31 |
Filing Date Shares Outstanding | 240.04 | 239.92 | 242.48 | 241.94 | 241.47 | 241.47 |
Total Common Shares Outstanding | 240.04 | 239.92 | 242.48 | 241.94 | 241.47 | 241.47 |
Working Capital | 1,208 | 645.83 | 808.23 | 1,318 | 959.66 | 955.61 |
Book Value Per Share | 12.75 | 11.41 | 11.34 | 12.33 | 9.35 | 6.86 |
Tangible Book Value | 2,919 | 2,592 | 2,604 | 2,860 | 2,175 | 1,562 |
Tangible Book Value Per Share | 12.16 | 10.80 | 10.74 | 11.82 | 9.01 | 6.47 |
Buildings | 1,258 | 1,252 | 1,245 | 501.82 | 479.12 | 230.1 |
Machinery | 1,094 | 1,099 | 1,034 | 754.12 | 544.35 | 246.06 |
Construction In Progress | 33.6 | 16.63 | 32.02 | 485.18 | 153.48 | 110.76 |