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

SHA:688726 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,199	997.83	1,074	970.21	1,379	85.97
Short-Term Investments	711.54	902.83	367.85	53.25	-	-
Trading Asset Securities	669.11	651.56	715.62	541	284.73	71.8
Cash & Short-Term Investments	2,580	2,552	2,157	1,564	1,663	157.77
Cash Growth	6.80%	18.31%	37.89%	-5.95%	954.34%	-
Accounts Receivable	3,359	3,211	1,784	1,731	698.52	320.33
Other Receivables	9.54	10.16	12.26	21.03	-3.42	0.32
Receivables	3,369	3,221	1,796	1,752	695.1	320.66
Inventory	3,101	3,013	4,335	6,053	2,103	372.54
Other Current Assets	407.08	264.56	188.31	440.74	260.76	64.7
Total Current Assets	9,457	9,051	8,476	9,810	4,722	915.67
Property, Plant & Equipment	381.89	320.88	339.44	285.99	162.05	112.66
Long-Term Investments	558.71	525.89	979.59	844.88	151.45	30.24
Other Intangible Assets	140.34	142.34	152.63	128.51	32.02	32.46
Long-Term Deferred Tax Assets	167.41	159.84	123.04	101.96	43.41	40.57
Long-Term Deferred Charges	11.32	14.31	26.4	42.46	11.38	3.02
Other Long-Term Assets	45.61	30.16	12.37	10.15	7.88	1.64
Total Assets	10,762	10,245	10,109	11,224	5,131	1,136

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2,104	2,029	1,806	2,607	1,361	239.44
Accrued Expenses	79.46	226.42	158.72	140.58	81.67	15.52
Short-Term Debt	90.92	54.05	70.05	170.09	-	15.02
Current Portion of Long-Term Debt	-	37.57	46.39	31.7	12.91	5.44
Current Portion of Leases	-	39.29	20.89	-	-	-
Current Income Taxes Payable	65.45	38.78	63.59	60.26	1.56	-
Current Unearned Revenue	3,503	3,278	3,932	5,678	1,783	380.96
Other Current Liabilities	487.66	323.94	175.38	296.84	166.67	74.39
Total Current Liabilities	6,331	6,027	6,274	8,985	3,407	730.78
Long-Term Debt	159.29	79.54	165.22	61.47	-	-
Long-Term Leases	16.84	21.31	57.4	31.47	74.49	55.08
Long-Term Unearned Revenue	2.9	2.97	2.74	-	-	-
Other Long-Term Liabilities	25.49	22.23	70.03	35.55	17.22	22.11
Total Liabilities	6,535	6,153	6,569	9,113	3,499	807.96

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	405.33	405.33	405.33	364.79	364.79	12.63
Additional Paid-In Capital	1,875	1,861	1,782	1,127	1,071	555.71
Retained Earnings	1,929	1,809	1,336	606.4	195.59	-240.15
Comprehensive Income & Other	0.06	0.11	0.05	-0.05	0	0.09
Total Common Equity	4,210	4,075	3,524	2,098	1,631	328.28
Minority Interest	17.3	16.92	16.5	13.27	0.76	-
Shareholders' Equity	4,227	4,092	3,540	2,111	1,632	328.28
Total Liabilities & Equity	10,762	10,245	10,109	11,224	5,131	1,136

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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	-
Filing Date Shares Outstanding	405.33	405.33	405.33	364.79	358.25	-
Total Common Shares Outstanding	405.33	405.33	405.33	364.79	358.25	-
Working Capital	3,126	3,024	2,202	825.57	1,316	184.89
Book Value Per Share	10.39	10.05	8.69	5.75	4.55	-
Tangible Book Value	4,069	3,932	3,371	1,969	1,599	295.82
Tangible Book Value Per Share	10.04	9.70	8.32	5.40	4.46	-
Buildings	-	166.09	167.28	70.3	33.9	33.9
Machinery	-	144.34	115.16	78.24	36.9	14.6
Construction In Progress	-	36.54	34.05	112.96	19.6	8.84

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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:

Jul 31, 2026

Data Sources Report a data error