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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	473.92	698.34	749.45	949.12	1,118	103.57
Trading Asset Securities	215.57	-	-	-	-	-
Cash & Short-Term Investments	689.49	698.34	749.45	949.12	1,118	103.57
Cash Growth	-2.87%	-6.82%	-21.04%	-15.07%	979.05%	14.95%
Accounts Receivable	537.14	615.74	626.44	480.07	330.29	314.59
Other Receivables	10.51	12.94	10.48	7.51	6.97	1.04
Receivables	547.65	628.68	636.92	487.59	337.26	315.63
Inventory	234.21	225.58	219.46	210.77	222.67	187.12
Prepaid Expenses	-	-	-	-	2.14	1.23
Other Current Assets	60.33	51.89	38.87	35.24	51.43	53
Total Current Assets	1,532	1,604	1,645	1,683	1,731	660.56
Property, Plant & Equipment	200.02	180.53	120.25	64.84	10.07	14.37
Long-Term Investments	40.46	42.61	30.77	23.3	0.96	1.12
Other Intangible Assets	21.52	21.67	22.79	22.78	24.23	1.43
Long-Term Accounts Receivable	11.97	6.1	10.22	4.48	5.21	0.32
Long-Term Deferred Tax Assets	50.12	41.85	30.54	20.65	19.49	17.83
Long-Term Deferred Charges	2.97	2.84	1.18	2	3.54	5.14
Other Long-Term Assets	1.12	0.1	0.95	1.39	-	5.8
Total Assets	1,860	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	71.06	96.8	76.03	80.04	120.18	91.9
Accrued Expenses	185.76	178.31	173.74	113.42	61.93	45.6
Current Portion of Leases	8.52	12.17	4.88	4.06	1.99	4.41
Current Income Taxes Payable	0	1.05	1.85	2.51	3.71	3.5
Current Unearned Revenue	116.73	102.88	83.96	92.7	119.51	174.09
Other Current Liabilities	37.65	34.51	19.55	20.45	28.35	29.54
Total Current Liabilities	419.73	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	4.47	4.5	4.6	0.5	0.64	0.78
Other Long-Term Liabilities	0.68	13.59	15.74	14.36	12.98	9.63
Total Liabilities	424.88	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	Jun 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	306.18	324.97	343.42	328.44	285.15	160.6
Treasury Stock	-62.07	-62.07	-62.07	-	-	-
Comprehensive Income & Other	-0.09	-0.02	-	-	-	-
Total Common Equity	1,404	1,423	1,444	1,490	1,445	344.7
Minority Interest	30.66	32.01	33.1	-	0.01	-
Shareholders' Equity	1,435	1,455	1,478	1,490	1,445	344.7
Total Liabilities & Equity	1,860	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	8.52	13.38	8.38	8.61	2.6	6.83
Net Cash (Debt)	680.96	684.96	741.08	940.52	1,115	96.74
Net Cash Growth	-2.35%	-7.57%	-21.20%	-15.65%	1052.50%	7.37%
Net Cash Per Share	8.27	8.06	8.56	10.64	16.83	1.46
Filing Date Shares Outstanding	85.61	85.61	85.61	86.02	88.43	66.32
Total Common Shares Outstanding	85.61	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	16.40	16.62	16.87	16.84	16.34	5.20
Tangible Book Value	1,383	1,402	1,422	1,467	1,420	343.28
Tangible Book Value Per Share	16.15	16.37	16.61	16.59	16.06	5.18
Buildings	68.76	68.39	59.86	-	-	-
Machinery	123.02	99.94	61.82	33.29	14.27	13.72
Construction In Progress	37.52	25.32	8.9	34.88	0.84	-
Order Backlog	-	902.38	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 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:

Oct 2, 2026

Data Sources Report a data error