LAPLACE Renewable Energy Technology Co., Ltd. (SHA:688726)

China · Delayed Price · Currency is CNY

42.70

+0.74 (1.76%)

At close: Aug 4, 2026

SHA:688726 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	4,979	5,462	5,728	2,966	1,266	103.58
Revenue Growth	-18.59%	-4.64%	93.12%	134.32%	1122.08%	-
Gross Profit	1,411	1,551	1,469	784	391.03	9.11
Operating Income	499.96	656.58	795.35	387.77	117.08	-79.25
Net Income	491.17	622.87	729.32	410.81	118.22	-57.11
Earnings Per Share	1.22	1.54	1.96	1.13	0.33	-
EPS Growth	-42.19%	-21.43%	73.45%	242.42%	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Photovoltaic Industry	5,431
Semiconductor Industry	24.49
Total	5,455

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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 & Investments	2,580	2,552	2,157	1,564	1,663	157.77
Total Debt	267.05	231.75	359.95	294.72	87.4	75.54
Net Cash (Debt)	2,313	2,320	1,797	1,270	1,576	82.23
Net Cash Growth	9.77%	29.12%	41.54%	-19.43%	1816.61%	-
Net Cash Per Share	5.74	5.74	4.83	3.49	4.40	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Operating Cash Flow	-32.29	158.95	79.54	1,188	-177.95	-159.75
Capital Expenditures	-262.73	-149.62	-79.85	-272.2	-41.28	-53.94
Free Cash Flow	-295.02	9.33	-0.31	916.21	-219.24	-213.69
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Gross Margin	28.34%	28.39%	25.65%	26.43%	30.89%	8.80%
Operating Margin	10.04%	12.02%	13.88%	13.07%	9.25%	-76.51%
Pretax Margin	10.98%	13.03%	14.94%	15.48%	9.30%	-73.33%
Profit Margin	9.87%	11.40%	12.73%	13.85%	9.34%	-55.14%
FCF Margin	-5.93%	0.17%	-0.01%	30.89%	-17.32%	-206.30%

Dividends

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Aug '26 Aug 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Dividend Per Share	0.310	0.310	0.370
Dividend Per Share Growth	0%	-16.22%	-
Dividend Yield	0.75%	0.87%	0.83%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 4, 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
PE Ratio	34.44	23.43	25.01	-	-	-
Forward PE	24.54	19.41	-	-	-	-
P/FCF Ratio	-	1564.25	-	-	-	-
PS Ratio	3.42	2.67	3.18	-	-	-