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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,498	997.83	1,074	970.21	1,379	85.97
Short-Term Investments	-	902.83	367.85	53.25	-	-
Trading Asset Securities	2,319	651.56	715.62	541	284.73	71.8
Cash & Short-Term Investments	3,817	2,552	2,157	1,564	1,663	157.77
Cash Growth	50.24%	18.31%	37.89%	-5.95%	954.34%	-
Accounts Receivable	2,976	3,211	1,784	1,731	698.52	320.33
Other Receivables	13.87	10.16	12.26	21.03	-3.42	0.32
Receivables	2,990	3,221	1,796	1,752	695.1	320.66
Inventory	5,612	3,013	4,335	6,053	2,103	372.54
Other Current Assets	1,872	264.56	188.31	440.74	260.76	64.7
Total Current Assets	14,290	9,051	8,476	9,810	4,722	915.67
Property, Plant & Equipment	555.49	320.88	339.44	285.99	162.05	112.66
Long-Term Investments	1,053	525.89	979.59	844.88	151.45	30.24
Other Intangible Assets	151.96	142.34	152.63	128.51	32.02	32.46
Long-Term Deferred Tax Assets	195.62	159.84	123.04	101.96	43.41	40.57
Long-Term Deferred Charges	13.29	14.31	26.4	42.46	11.38	3.02
Other Long-Term Assets	24.19	30.16	12.37	10.15	7.88	1.64
Total Assets	16,284	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	4,991	2,029	1,806	2,607	1,361	239.44
Accrued Expenses	144.49	226.42	158.72	140.58	81.67	15.52
Short-Term Debt	112.29	54.05	70.05	170.09	-	15.02
Current Portion of Long-Term Debt	115.11	37.57	46.39	31.7	12.91	5.44
Current Portion of Leases	-	39.29	20.89	-	-	-
Current Income Taxes Payable	43.09	38.78	63.59	60.26	1.56	-
Current Unearned Revenue	6,108	3,278	3,932	5,678	1,783	380.96
Other Current Liabilities	261.59	323.94	175.38	296.84	166.67	74.39
Total Current Liabilities	11,775	6,027	6,274	8,985	3,407	730.78
Long-Term Debt	84.47	79.54	165.22	61.47	-	-
Long-Term Leases	7.63	21.31	57.4	31.47	74.49	55.08
Long-Term Unearned Revenue	2.76	2.97	2.74	-	-	-
Other Long-Term Liabilities	40.37	22.23	70.03	35.55	17.22	22.11
Total Liabilities	11,910	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	Sep 30, 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	1,909	1,861	1,782	1,127	1,071	555.71
Retained Earnings	2,036	1,809	1,336	606.4	195.59	-240.15
Comprehensive Income & Other	0.03	0.11	0.05	-0.05	0	0.09
Total Common Equity	4,350	4,075	3,524	2,098	1,631	328.28
Minority Interest	23.08	16.92	16.5	13.27	0.76	-
Shareholders' Equity	4,373	4,092	3,540	2,111	1,632	328.28
Total Liabilities & Equity	16,284	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	319.5	231.75	359.95	294.72	87.4	75.54
Net Cash (Debt)	3,497	2,320	1,797	1,270	1,576	82.23
Net Cash Growth	54.80%	29.12%	41.54%	-19.43%	1816.61%	-
Net Cash Per Share	8.65	5.74	4.83	3.49	4.40	-
Filing Date Shares Outstanding	404.98	405.33	405.33	364.79	358.25	-
Total Common Shares Outstanding	404.98	405.33	405.33	364.79	358.25	-
Working Capital	2,515	3,024	2,202	825.57	1,316	184.89
Book Value Per Share	10.74	10.05	8.69	5.75	4.55	-
Tangible Book Value	4,198	3,932	3,371	1,969	1,599	295.82
Tangible Book Value Per Share	10.37	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: Oct 29, 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:

Nov 2, 2026

Data Sources Report a data error