Tianjin Meiteng Technology Co., Ltd (SHA:688420)

SHA:688420 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	292.99	698.34	749.45	949.12	1,118	103.57
Trading Asset Securities	380.05	-	-	-	-	-
Cash & Short-Term Investments	673.04	698.34	749.45	949.12	1,118	103.57
Cash Growth	-3.31%	-6.82%	-21.04%	-15.07%	979.05%	14.95%
Accounts Receivable	574.23	615.74	626.44	480.07	330.29	314.59
Other Receivables	12.07	12.94	10.48	7.51	6.97	1.04
Receivables	586.3	628.68	636.92	487.59	337.26	315.63
Inventory	248.53	225.58	219.46	210.77	222.67	187.12
Prepaid Expenses	-	-	-	-	2.14	1.23
Other Current Assets	63.95	51.89	38.87	35.24	51.43	53
Total Current Assets	1,572	1,604	1,645	1,683	1,731	660.56
Property, Plant & Equipment	192.25	180.53	120.25	64.84	10.07	14.37
Long-Term Investments	41.44	42.61	30.77	23.3	0.96	1.12
Other Intangible Assets	20.93	21.67	22.79	22.78	24.23	1.43
Long-Term Accounts Receivable	-	6.1	10.22	4.48	5.21	0.32
Long-Term Deferred Tax Assets	52.46	41.85	30.54	20.65	19.49	17.83
Long-Term Deferred Charges	3.27	2.84	1.18	2	3.54	5.14
Other Long-Term Assets	15.97	0.1	0.95	1.39	-	5.8
Total Assets	1,898	1,900	1,861	1,822	1,795	706.57

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	228.86	96.8	76.03	80.04	120.18	91.9
Accrued Expenses	14.69	178.31	173.74	113.42	61.93	45.6
Current Portion of Leases	-	12.17	4.88	4.06	1.99	4.41
Current Income Taxes Payable	3.06	1.05	1.85	2.51	3.71	3.5
Current Unearned Revenue	151.22	102.88	83.96	92.7	119.51	174.09
Other Current Liabilities	46.59	34.51	19.55	20.45	28.35	29.54
Total Current Liabilities	459.41	425.72	360	313.18	335.67	349.04
Long-Term Leases	-	1.21	3.5	4.54	0.62	2.41
Long-Term Unearned Revenue	4.46	4.5	4.6	0.5	0.64	0.78
Other Long-Term Liabilities	1.29	13.59	15.74	14.36	12.98	9.63
Total Liabilities	465.16	445.01	383.84	332.57	349.9	361.86

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	88.43	88.43	88.43	88.43	88.43	66.32
Additional Paid-In Capital	1,072	1,072	1,075	1,073	1,071	117.78
Retained Earnings	304.75	324.97	343.42	328.44	285.15	160.6
Treasury Stock	-62.07	-62.07	-62.07	-	-	-
Comprehensive Income & Other	0.01	-0.02	-	-	-	-
Total Common Equity	1,403	1,423	1,444	1,490	1,445	344.7
Minority Interest	29.99	32.01	33.1	-	0.01	-
Shareholders' Equity	1,433	1,455	1,478	1,490	1,445	344.7
Total Liabilities & Equity	1,898	1,900	1,861	1,822	1,795	706.57

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	14.99	13.38	8.38	8.61	2.6	6.83
Net Cash (Debt)	658.04	684.96	741.08	940.52	1,115	96.74
Net Cash Growth	-4.35%	-7.57%	-21.20%	-15.65%	1052.50%	7.37%
Net Cash Per Share	8.06	8.06	8.56	10.64	16.83	1.46
Filing Date Shares Outstanding	90.85	85.61	85.61	86.02	88.43	66.32
Total Common Shares Outstanding	90.85	85.61	85.61	88.43	88.43	66.32
Working Capital	1,112	1,179	1,285	1,370	1,395	311.51
Book Value Per Share	15.44	16.62	16.87	16.84	16.34	5.20
Tangible Book Value	1,382	1,402	1,422	1,467	1,420	343.28
Tangible Book Value Per Share	15.21	16.37	16.61	16.59	16.06	5.18
Buildings	-	68.39	59.86	-	-	-
Machinery	-	99.94	61.82	33.29	14.27	13.72
Construction In Progress	-	25.32	8.9	34.88	0.84	-
Order Backlog	-	902.38	-	-	-	-

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

Nov 2, 2026

Data Sources Report a data error