Wafer Works (Shanghai) Co., Ltd. (SHA:688584)

Wafer Works (Shanghai) 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	648.71	671.49	1,304	442.87	478.3	372.58
Cash & Short-Term Investments	648.71	671.49	1,304	442.87	478.3	372.58
Cash Growth	-33.79%	-48.52%	194.52%	-7.41%	28.37%	17.31%
Accounts Receivable	243.87	249.52	207.74	198.55	316.84	333.32
Other Receivables	0.2	0.14	0.12	0.08	0.23	8.45
Receivables	244.07	249.66	207.86	198.64	317.08	341.77
Inventory	364.33	343.74	315.26	340.73	346.16	253.7
Prepaid Expenses	-	0.59	0.34	0.04	6.19	5.43
Other Current Assets	108.17	95.87	25.87	26.87	31.64	127.47
Total Current Assets	1,365	1,361	1,854	1,009	1,179	1,101
Property, Plant & Equipment	3,401	3,285	2,395	2,468	2,397	2,368
Long-Term Investments	26.19	31.1	-	-	-	-
Goodwill	0.03	0.03	0.03	0.03	0.03	0.03
Other Intangible Assets	112.54	114.55	118.87	123.02	132.34	135.28
Long-Term Deferred Tax Assets	20.44	28.38	49.31	21.85	17.4	14.71
Long-Term Deferred Charges	0.63	0.78	1.22	1.27	1.58	1.12
Other Long-Term Assets	105.43	91.99	152.75	50.55	24.24	57.7
Total Assets	5,031	4,913	4,571	3,673	3,752	3,678

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	116.9	133.24	74.76	63.02	153.32	167.2
Accrued Expenses	18.54	41.49	35.78	27.84	46.27	42.48
Short-Term Debt	50	-	10.01	120.23	108.91	349.21
Current Portion of Long-Term Debt	12.12	3.48	123.85	337.85	173.06	101.66
Current Portion of Leases	-	11.21	11.37	10.71	11.12	9.8
Current Income Taxes Payable	3.06	4.27	2.38	5.53	10.52	12.76
Current Unearned Revenue	47.44	48.59	74.11	83.79	120.46	29.23
Other Current Liabilities	81.31	0.7	0.61	10.12	1.27	6.48
Total Current Liabilities	329.37	242.97	332.88	659.08	624.94	718.83
Long-Term Debt	544	485.5	22	145.11	460.93	610.8
Long-Term Leases	9.82	14.18	25.14	36.38	47.09	55.01
Long-Term Unearned Revenue	39.97	37.35	45.94	39.32	31.3	33.05
Long-Term Deferred Tax Liabilities	3.45	3.69	4.22	4.73	5.29	0.14
Total Liabilities	926.6	783.7	430.18	884.62	1,170	1,418

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	669.2	665.46	665.46	595.85	595.85	595.85
Additional Paid-In Capital	2,659	2,648	2,652	1,291	1,272	1,264
Retained Earnings	776.1	815.91	823.65	901.48	714.21	400.56
Shareholders' Equity	4,105	4,130	4,141	2,789	2,583	2,260
Total Liabilities & Equity	5,031	4,913	4,571	3,673	3,752	3,678

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	615.93	514.37	192.37	650.27	801.11	1,126
Net Cash (Debt)	32.78	157.11	1,112	-207.4	-322.82	-753.91
Net Cash Growth	-95.67%	-85.87%	-	-	-	-
Net Cash Per Share	0.05	0.24	1.70	-0.34	-0.54	-1.32
Filing Date Shares Outstanding	709.3	665.46	665.46	595.85	595.85	595.85
Total Common Shares Outstanding	709.3	665.46	665.46	595.85	595.85	595.85
Working Capital	1,036	1,118	1,521	350.06	554.42	382.12
Book Value Per Share	5.79	6.21	6.22	4.68	4.33	3.79
Tangible Book Value	3,992	4,015	4,022	2,666	2,450	2,125
Tangible Book Value Per Share	5.63	6.03	6.04	4.47	4.11	3.57
Buildings	-	677.84	677.14	25.1	677.12	673.6
Machinery	-	3,321	3,156	3,604	2,691	2,357
Construction In Progress	-	1,078	151.94	152.88	110.71	205.94

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

Sep 16, 2026

Data Sources Report a data error