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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	491.13	556.27	630.7	156.81	641.22	110.58
Short-Term Investments	-	154.3	247.12	107.33	32.27	-
Trading Asset Securities	761.04	536.52	430	829	626	53
Cash & Short-Term Investments	1,252	1,247	1,308	1,093	1,299	163.58
Cash Growth	-10.64%	-4.64%	19.64%	-15.88%	694.40%	73.45%
Accounts Receivable	59.98	164.04	131.91	117.9	92.58	46.16
Other Receivables	95.41	0.17	0.13	0.3	2.11	9.76
Receivables	155.39	164.21	132.04	118.2	94.7	55.93
Inventory	161.69	248.71	158.55	161.6	168.8	63.26
Other Current Assets	8.47	10.99	6.31	12.78	38.81	9.39
Total Current Assets	1,578	1,671	1,605	1,386	1,602	292.15
Property, Plant & Equipment	218.63	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	17.9	19.98	9.89	13.37	18.99	3.77
Long-Term Deferred Tax Assets	49.02	39.76	28.69	17.82	3.83	1.12
Long-Term Deferred Charges	0.14	0.39	1.02	0.68	0.98	1.59
Other Long-Term Assets	0.62	0.9	15.37	111.75	110.25	25.75
Total Assets	1,955	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	37.38	56.79	50.69	27.29	71.7	37.37
Accrued Expenses	23.22	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	-	-	0.39	-	-	-
Current Unearned Revenue	22.7	18.52	10	4.67	5.94	10.9
Other Current Liabilities	13.54	9.04	14.14	11.99	8.79	7.44
Total Current Liabilities	96.83	134.75	141.31	114.73	179.17	109.39
Long-Term Leases	0.13	0.2	0.09	-	0.11	1
Long-Term Unearned Revenue	6.4	6.9	7.23	4.73	4.26	4.37
Other Long-Term Liabilities	6.07	7.69	-	1.97	6.19	-
Total Liabilities	109.43	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	115.59	115.18	114.59	83.52	57.6	43.2
Additional Paid-In Capital	1,349	1,342	1,325	1,548	1,574	96.05
Retained Earnings	389.3	410.39	436.61	408.69	366.53	166.48
Comprehensive Income & Other	-8.37	-8.37	-8.57	-	-	-
Shareholders' Equity	1,846	1,859	1,868	2,040	1,998	305.73
Total Liabilities & Equity	1,955	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.13	0.42	0.85	0.11	0.91	2.11
Net Cash (Debt)	1,252	1,247	1,307	1,093	1,299	161.47
Net Cash Growth	-10.63%	-4.61%	19.57%	-15.83%	704.21%	71.22%
Net Cash Per Share	10.85	10.81	11.12	9.03	13.20	1.78
Filing Date Shares Outstanding	100.43	115.18	111.67	121.1	121.1	90.83
Total Common Shares Outstanding	100.43	115.18	111.67	121.1	121.1	90.83
Working Capital	1,481	1,536	1,463	1,271	1,423	182.76
Book Value Per Share	18.38	16.14	16.73	16.85	16.50	3.37
Tangible Book Value	1,828	1,839	1,858	2,027	1,979	301.97
Tangible Book Value Per Share	18.20	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: Aug 28, 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 12, 2026

Data Sources Report a data error