Smarter Microelectronics (Guangzhou) Co., Ltd. (SHA:688512)

SHA:688512 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	931.27	452.36	830.61	897.71	676.23	912.07
Short-Term Investments	-	-	-	-	-	252.84
Trading Asset Securities	-	368.35	10.5	50.06	-	25.06
Cash & Short-Term Investments	931.27	820.72	841.11	947.78	676.23	1,190
Cash Growth	20.83%	-2.43%	-11.25%	40.16%	-43.17%	792.94%
Accounts Receivable	181.67	147.64	106.49	23.5	7.26	1.01
Other Receivables	28.37	1.93	2.92	3.56	1.56	1.72
Receivables	210.05	149.57	109.41	27.06	8.82	2.73
Inventory	685.54	475.8	430.84	451.53	489.64	334.1
Other Current Assets	188.24	146.55	104.61	102.57	120	59.11
Total Current Assets	2,015	1,593	1,486	1,529	1,295	1,586
Property, Plant & Equipment	167.05	171.63	157.82	101.92	43.57	46.92
Long-Term Investments	32	32	410.42	509.68	2	2
Other Intangible Assets	125.51	129.17	131.21	135.29	141.33	7.44
Long-Term Deferred Tax Assets	2.41	2.23	2.25	61.2	62.27	29.95
Long-Term Deferred Charges	3.29	4.14	5.51	0.59	2.82	3.83
Other Long-Term Assets	-	1.72	18.5	55.29	44.85	56.82
Total Assets	2,345	1,934	2,212	2,393	1,592	1,733

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	108.86	61.24	65.6	21.85	7.37	19.68
Accrued Expenses	15.98	55.74	64.04	61.52	50.41	39.42
Short-Term Debt	342.12	39.55	83.65	-	-	-
Current Portion of Long-Term Debt	6.41	0.08	0.05	-	-	-
Current Portion of Leases	-	5.99	8.57	5.85	6.54	9.98
Current Income Taxes Payable	2.12	0.03	-	-	-	0.01
Current Unearned Revenue	1.51	0.2	0.02	4.28	6.97	2.85
Other Current Liabilities	0.05	17.6	29.92	13.47	9.31	11.16
Total Current Liabilities	477.05	180.43	251.85	106.98	80.61	83.12
Long-Term Debt	95.18	86.87	52.27	-	-	-
Long-Term Leases	16.27	21.68	26.43	33.91	3.02	7.6
Long-Term Unearned Revenue	14.37	3.99	74.82	80.27	82.37	81.39
Total Liabilities	602.88	292.96	405.37	221.17	166	172.11

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	493.38	466.84	460.76	455.2	398.21	398.21
Additional Paid-In Capital	3,073	2,802	2,745	2,677	1,580	1,410
Retained Earnings	-1,824	-1,628	-1,399	-960.95	-552.44	-247.53
Shareholders' Equity	1,742	1,641	1,806	2,172	1,426	1,561
Total Liabilities & Equity	2,345	1,934	2,212	2,393	1,592	1,733

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	459.98	154.17	170.96	39.77	9.56	17.59
Net Cash (Debt)	471.28	666.55	670.15	908.01	666.67	1,172
Net Cash Growth	27.21%	-0.54%	-26.20%	36.20%	-43.13%	779.75%
Net Cash Per Share	1.02	1.43	1.47	2.11	1.68	3.04
Filing Date Shares Outstanding	451.04	466.84	460.76	455.2	398.21	386.05
Total Common Shares Outstanding	451.04	466.84	460.76	455.2	398.21	386.05
Working Capital	1,538	1,412	1,234	1,422	1,214	1,503
Book Value Per Share	3.86	3.51	3.92	4.77	3.58	4.04
Tangible Book Value	1,617	1,511	1,675	2,036	1,284	1,553
Tangible Book Value Per Share	3.59	3.24	3.64	4.47	3.22	4.02
Buildings	-	102.94	-	-	-	-
Machinery	-	128.14	109.79	87.11	61.8	45.8
Construction In Progress	-	-	78.23	16.79	0.29	-

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 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 10, 2026

Data Sources Report a data error