Hi-Trend Technology (Shanghai) Co., Ltd. (SHA:688391)

SHA:688391 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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	542.9	556.27	630.7	156.81	641.22	110.58
Short-Term Investments	-	154.3	247.12	107.33	32.27	-
Trading Asset Securities	754.69	536.52	430	829	626	53
Cash & Short-Term Investments	1,298	1,247	1,308	1,093	1,299	163.58
Cash Growth	-0.92%	-4.64%	19.64%	-15.88%	694.40%	73.45%
Accounts Receivable	157.49	164.04	131.91	117.9	92.58	46.16
Other Receivables	0.35	0.17	0.13	0.3	2.11	9.76
Receivables	157.84	164.21	132.04	118.2	94.7	55.93
Inventory	138.8	248.71	158.55	161.6	168.8	63.26
Other Current Assets	11.42	10.99	6.31	12.78	38.81	9.39
Total Current Assets	1,606	1,671	1,605	1,386	1,602	292.15
Property, Plant & Equipment	215.99	222.23	203.08	110.73	116.2	96.12
Long-Term Investments	91.21	54.39	153.9	521.67	335.84	-
Other Intangible Assets	15.88	19.98	9.89	13.37	18.99	3.77
Long-Term Deferred Tax Assets	52.96	39.76	28.69	17.82	3.83	1.12
Long-Term Deferred Charges	0.09	0.39	1.02	0.68	0.98	1.59
Other Long-Term Assets	0.77	0.9	15.37	111.75	110.25	25.75
Total Assets	1,983	2,009	2,017	2,162	2,188	420.5

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	64.26	56.79	50.69	27.29	71.7	37.37
Accrued Expenses	5.78	50.19	65.32	70.67	91.94	52.57
Current Portion of Leases	-	0.22	0.77	0.11	0.8	1.11
Current Income Taxes Payable	6.68	-	0.39	-	-	-
Current Unearned Revenue	22.79	18.52	10	4.67	5.94	10.9
Other Current Liabilities	6.6	9.04	14.14	11.99	8.79	7.44
Total Current Liabilities	111.91	134.75	141.31	114.73	179.17	109.39
Long-Term Leases	0.06	0.2	0.09	-	0.11	1
Long-Term Unearned Revenue	6.16	6.9	7.23	4.73	4.26	4.37
Other Long-Term Liabilities	6.12	7.69	-	1.97	6.19	-
Total Liabilities	124.25	149.54	148.63	121.43	189.72	114.76

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	115.62	115.18	114.59	83.52	57.6	43.2
Additional Paid-In Capital	1,350	1,342	1,325	1,548	1,574	96.05
Retained Earnings	400.55	410.39	436.61	408.69	366.53	166.48
Comprehensive Income & Other	-8.37	-8.37	-8.57	-	-	-
Shareholders' Equity	1,858	1,859	1,868	2,040	1,998	305.73
Total Liabilities & Equity	1,983	2,009	2,017	2,162	2,188	420.5

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	5.85	0.42	0.85	0.11	0.91	2.11
Net Cash (Debt)	1,292	1,247	1,307	1,093	1,299	161.47
Net Cash Growth	-1.34%	-4.61%	19.57%	-15.83%	704.21%	71.22%
Net Cash Per Share	10.91	10.81	11.12	9.03	13.20	1.78
Filing Date Shares Outstanding	108.3	115.18	111.67	121.1	121.1	90.83
Total Common Shares Outstanding	108.3	115.18	111.67	121.1	121.1	90.83
Working Capital	1,494	1,536	1,463	1,271	1,423	182.76
Book Value Per Share	17.16	16.14	16.73	16.85	16.50	3.37
Tangible Book Value	1,842	1,839	1,858	2,027	1,979	301.97
Tangible Book Value Per Share	17.01	15.97	16.64	16.74	16.34	3.32
Buildings	-	241.63	226.46	126.88	126.88	108.25
Machinery	-	29.73	26.98	24.59	22.13	15.32
Construction In Progress	-	13.35	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Oct 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:

Nov 11, 2026

Data Sources Report a data error