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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,139	997.83	1,074	970.21	1,379	85.97
Short-Term Investments	482.44	902.83	367.85	53.25	-	-
Trading Asset Securities	1,791	651.56	715.62	541	284.73	71.8
Cash & Short-Term Investments	4,412	2,552	2,157	1,564	1,663	157.77
Cash Growth	96.07%	18.31%	37.89%	-5.95%	954.34%	-
Accounts Receivable	2,993	3,211	1,784	1,731	698.52	320.33
Other Receivables	10.19	10.16	12.26	21.03	-3.42	0.32
Receivables	3,003	3,221	1,796	1,752	695.1	320.66
Inventory	3,871	3,013	4,335	6,053	2,103	372.54
Other Current Assets	1,202	264.56	188.31	440.74	260.76	64.7
Total Current Assets	12,489	9,051	8,476	9,810	4,722	915.67
Property, Plant & Equipment	498.23	320.88	339.44	285.99	162.05	112.66
Long-Term Investments	1,006	525.89	979.59	844.88	151.45	30.24
Other Intangible Assets	154.06	142.34	152.63	128.51	32.02	32.46
Long-Term Deferred Tax Assets	176.57	159.84	123.04	101.96	43.41	40.57
Long-Term Deferred Charges	12.33	14.31	26.4	42.46	11.38	3.02
Other Long-Term Assets	68.21	30.16	12.37	10.15	7.88	1.64
Total Assets	14,404	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3,404	2,029	1,806	2,607	1,361	239.44
Accrued Expenses	164.89	226.42	158.72	140.58	81.67	15.52
Short-Term Debt	94.06	54.05	70.05	170.09	-	15.02
Current Portion of Long-Term Debt	30.51	37.57	46.39	31.7	12.91	5.44
Current Portion of Leases	40.98	39.29	20.89	-	-	-
Current Income Taxes Payable	36.01	38.78	63.59	60.26	1.56	-
Current Unearned Revenue	5,879	3,278	3,932	5,678	1,783	380.96
Other Current Liabilities	254.74	323.94	175.38	296.84	166.67	74.39
Total Current Liabilities	9,904	6,027	6,274	8,985	3,407	730.78
Long-Term Debt	128.24	79.54	165.22	61.47	-	-
Long-Term Leases	13.01	21.31	57.4	31.47	74.49	55.08
Long-Term Unearned Revenue	2.83	2.97	2.74	-	-	-
Other Long-Term Liabilities	41.14	22.23	70.03	35.55	17.22	22.11
Total Liabilities	10,089	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	Jun 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	1,891	1,861	1,782	1,127	1,071	555.71
Retained Earnings	1,999	1,809	1,336	606.4	195.59	-240.15
Comprehensive Income & Other	0.13	0.11	0.05	-0.05	0	0.09
Total Common Equity	4,296	4,075	3,524	2,098	1,631	328.28
Minority Interest	18.9	16.92	16.5	13.27	0.76	-
Shareholders' Equity	4,315	4,092	3,540	2,111	1,632	328.28
Total Liabilities & Equity	14,404	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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	-
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	2,584	3,024	2,202	825.57	1,316	184.89
Book Value Per Share	10.60	10.05	8.69	5.75	4.55	-
Tangible Book Value	4,142	3,932	3,371	1,969	1,599	295.82
Tangible Book Value Per Share	10.22	9.70	8.32	5.40	4.46	-
Buildings	217.03	166.09	167.28	70.3	33.9	33.9
Machinery	150.22	144.34	115.16	78.24	36.9	14.6
Construction In Progress	180.69	36.54	34.05	112.96	19.6	8.84

Data Source: S&P Global Market Intelligence Last updated: Aug 24, 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:

Sep 20, 2026

Data Sources Report a data error