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

China · Delayed Price · Currency is CNY

47.85

+2.75 (6.10%)

At close: Sep 23, 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	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
Revenue	4,709	5,462	5,728	2,966	1,266	103.58
Revenue Growth	-24.63%	-4.64%	93.12%	134.32%	1122.08%	-
Gross Profit	1,476	1,551	1,469	784	391.03	9.11
Operating Income	581.27	656.58	795.35	387.77	117.08	-79.25
Net Income	542.02	622.87	729.32	410.81	118.22	-57.11
Earnings Per Share	1.34	1.54	1.96	1.13	0.33	-
EPS Growth	-32.30%	-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	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 & Investments	4,412	2,552	2,157	1,564	1,663	157.77
Total Debt	306.8	231.75	359.95	294.72	87.4	75.54
Net Cash (Debt)	4,105	2,320	1,797	1,270	1,576	82.23
Net Cash Growth	109.62%	29.12%	41.54%	-19.43%	1816.61%	-
Net Cash Per Share	10.15	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	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
Operating Cash Flow	2,543	158.95	79.54	1,188	-177.95	-159.75
Capital Expenditures	-258.23	-149.62	-79.85	-272.2	-41.28	-53.94
Free Cash Flow	2,285	9.33	-0.31	916.21	-219.24	-213.69
Free Cash Flow Growth	19811.59%	-	-	-	-	-

Margins

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
Gross Margin	31.35%	28.39%	25.65%	26.43%	30.89%	8.80%
Operating Margin	12.34%	12.02%	13.88%	13.07%	9.25%	-76.51%
Pretax Margin	12.91%	13.03%	14.94%	15.48%	9.30%	-73.33%
Profit Margin	11.51%	11.40%	12.73%	13.85%	9.34%	-55.14%
FCF Margin	48.51%	0.17%	-0.01%	30.89%	-17.32%	-206.30%

Dividends

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Sep '26 Sep 23, 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	0.65%	0.87%	0.83%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 23, 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	35.72	23.43	25.01	-	-	-
Forward PE	27.98	19.41	-	-	-	-
P/FCF Ratio	8.49	1564.25	-	-	-	-
PS Ratio	4.12	2.67	3.18	-	-	-