Shenzhen VMAX New Energy Co., Ltd. (SHA:688612)
China · Delayed Price · Currency is CNY 38.60
-0.18 (-0.46%)
At close: Sep 7, 2026
Shenzhen VMAX New Energy Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 1,548 | 1,826 | 1,576 | 1,557 | 532.93 | 277 |
Short-Term Investments | - | - | - | - | 6.02 | 81.21 |
Trading Asset Securities | 1,053 | 1,266 | 1,387 | 1,149 | - | - |
Cash & Short-Term Investments | 2,601 | 3,092 | 2,963 | 2,706 | 538.95 | 358.21 |
Cash Growth | -0.97% | 4.36% | 9.51% | 402.02% | 50.46% | 146.84% |
Accounts Receivable | 1,610 | 2,007 | 2,215 | 1,873 | 1,463 | 846.47 |
Other Receivables | 35.26 | 31.63 | 24.86 | 25.22 | 44.13 | 8.89 |
Receivables | 1,645 | 2,039 | 2,240 | 1,898 | 1,508 | 855.36 |
Inventory | 882.69 | 1,086 | 885.63 | 1,165 | 1,001 | 523.83 |
Prepaid Expenses | - | - | - | - | - | 0.05 |
Other Current Assets | 99.23 | 43.34 | 52.97 | 106.93 | 48.18 | 39.83 |
Total Current Assets | 5,228 | 6,261 | 6,142 | 5,875 | 3,096 | 1,777 |
Property, Plant & Equipment | 1,504 | 1,481 | 1,259 | 996.48 | 669.35 | 328.96 |
Long-Term Investments | 111.07 | 112.39 | 113.75 | 103.85 | 114.84 | 97.17 |
Goodwill | 5.36 | 5.36 | 5.36 | 5.36 | 4.16 | 4.16 |
Other Intangible Assets | 127.03 | 74.09 | 75.91 | 78.36 | 61.77 | 55.47 |
Long-Term Deferred Tax Assets | 0.19 | 0.18 | 0.69 | 0.24 | 0.07 | - |
Long-Term Deferred Charges | 11.66 | 20.08 | 26.44 | 41.71 | 28.01 | 6.85 |
Other Long-Term Assets | 415.78 | 196.97 | 67.57 | 129.38 | 84.76 | 50.95 |
Total Assets | 7,403 | 8,150 | 7,691 | 7,231 | 4,058 | 2,321 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 2,743 | 3,222 | 3,199 | 2,694 | 2,061 | 1,183 |
Accrued Expenses | 182.64 | 185.63 | 170.07 | 162.66 | 120.78 | 59.45 |
Short-Term Debt | 64.82 | 268 | 289.25 | 323.53 | 234.3 | 74.87 |
Current Portion of Long-Term Debt | 46.45 | 42.11 | 45.53 | 36.07 | 0.27 | - |
Current Portion of Leases | 15.11 | 19.22 | 17.82 | 11.88 | 19.4 | - |
Current Income Taxes Payable | 19.45 | 24.51 | 23.97 | 28.12 | 5.64 | 10.06 |
Current Unearned Revenue | 150.83 | 243.02 | 131.48 | 109.31 | 104.5 | 40.82 |
Other Current Liabilities | 195.66 | 152.07 | 172 | 117.14 | 120.89 | 15.19 |
Total Current Liabilities | 3,418 | 4,157 | 4,049 | 3,482 | 2,667 | 1,383 |
Long-Term Debt | 142.48 | 124.42 | 205.38 | 243.46 | 249.25 | 153.58 |
Long-Term Leases | 7.4 | 9.16 | 21.68 | 5.45 | 14.07 | 5.69 |
Long-Term Unearned Revenue | 77.82 | 82.64 | 52.31 | 26.77 | 28.51 | 25.95 |
Long-Term Deferred Tax Liabilities | 2.47 | 2.78 | 3.13 | 3.61 | 2.9 | 3.14 |
Other Long-Term Liabilities | 160.49 | 147.16 | 87.1 | 74.52 | 48.15 | 15.49 |
Total Liabilities | 3,808 | 4,523 | 4,418 | 3,836 | 3,010 | 1,587 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 419.18 | 419.19 | 420.96 | 420.96 | 378.86 | 378.86 |
Additional Paid-In Capital | 2,038 | 2,030 | 2,071 | 2,064 | 261.38 | 253.64 |
Retained Earnings | 1,203 | 1,192 | 800.66 | 893.68 | 391.29 | 96.53 |
Treasury Stock | -62.55 | -10.59 | -22.34 | - | - | - |
Comprehensive Income & Other | -2.4 | -2.8 | -0.24 | - | - | - |
Total Common Equity | 3,595 | 3,627 | 3,270 | 3,378 | 1,032 | 729.02 |
Minority Interest | -0 | - | 2.37 | 16.19 | 16.97 | 4.73 |
Shareholders' Equity | 3,595 | 3,627 | 3,272 | 3,395 | 1,048 | 733.75 |
Total Liabilities & Equity | 7,403 | 8,150 | 7,691 | 7,231 | 4,058 | 2,321 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 276.25 | 462.9 | 579.66 | 620.39 | 517.28 | 234.15 |
Net Cash (Debt) | 2,325 | 2,629 | 2,383 | 2,085 | 21.67 | 124.06 |
Net Cash Growth | 3.19% | 10.32% | 14.29% | 9523.65% | -82.53% | - |
Net Cash Per Share | 5.56 | 6.26 | 5.66 | 5.27 | 0.06 | 0.35 |
Filing Date Shares Outstanding | 419.18 | 419.19 | 420.96 | 420.96 | 378.86 | 357.35 |
Total Common Shares Outstanding | 419.18 | 419.19 | 420.96 | 420.96 | 378.86 | 357.35 |
Working Capital | 1,811 | 2,104 | 2,093 | 2,393 | 428.42 | 394.04 |
Book Value Per Share | 8.58 | 8.65 | 7.77 | 8.03 | 2.72 | 2.04 |
Tangible Book Value | 3,463 | 3,548 | 3,189 | 3,295 | 965.6 | 669.39 |
Tangible Book Value Per Share | 8.26 | 8.46 | 7.57 | 7.83 | 2.55 | 1.87 |
Buildings | 739.15 | 690.53 | 434.31 | 406.07 | 195.42 | - |
Machinery | 1,159 | 1,111 | 910.24 | 655.93 | 380.63 | - |
Construction In Progress | 5.16 | 12 | 131.97 | 60.69 | 144.14 | - |