Suzhou Sepax Technologies Co., Ltd. (SHA:688758)

Suzhou Sepax Technologies 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	146.58	183.86	103.08	258.79	335.33	65.25
Short-Term Investments	-	-	-	0.1	0.02	0.02
Trading Asset Securities	435.71	339.4	1.95	8.06	3.5	546.08
Cash & Short-Term Investments	582.29	523.26	105.04	266.94	338.86	611.35
Cash Growth	69.16%	398.18%	-60.65%	-21.22%	-44.57%	2626.86%
Accounts Receivable	189	120.68	91.83	56.92	47.37	32.86
Other Receivables	2.24	0.37	0.32	1.23	0.88	0.81
Receivables	191.25	121.05	92.15	58.15	48.25	33.67
Inventory	93.59	92.21	93.94	106.11	89.78	46.01
Other Current Assets	243.68	84.71	299.27	2.96	5.79	12.97
Total Current Assets	1,111	821.23	590.39	434.16	482.67	704
Property, Plant & Equipment	274.03	243.6	249.31	256.59	254.49	249.81
Long-Term Investments	20	338.01	274.87	350.19	251.2	-
Other Intangible Assets	11.11	10.86	11.35	11.82	12.41	10.58
Long-Term Deferred Tax Assets	24.28	24.05	18.7	15.39	10.92	10.3
Long-Term Deferred Charges	6.52	9.24	32.18	28.18	29.35	3.12
Other Long-Term Assets	229.52	6.1	5.5	5.67	6.89	6.54
Total Assets	1,676	1,453	1,182	1,102	1,048	984.35

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	56.77	2.99	1.36	1.55	14.42	16.15
Accrued Expenses	9.03	14.49	18.8	14.37	8.87	5.7
Short-Term Debt	102.41	18.51	0.39	0.41	0.63	4.76
Current Portion of Long-Term Debt	5.92	-	-	-	-	-
Current Portion of Leases	-	5.99	5.68	5.5	4.62	4.32
Current Income Taxes Payable	14.17	5.23	3.67	8.51	2.06	0.18
Current Unearned Revenue	2.68	1.69	6.06	0.89	1.98	1.75
Other Current Liabilities	1.54	4.35	4.81	5.59	0.72	0.77
Total Current Liabilities	192.53	53.25	40.76	36.82	33.29	33.63
Long-Term Leases	25.34	31.05	37.79	43.07	46.3	46.61
Long-Term Unearned Revenue	4.91	5.88	5.72	14.45	15.53	7.37
Long-Term Deferred Tax Liabilities	-	0.09	-	1.83	5.56	7.27
Total Liabilities	222.78	90.27	84.27	96.17	100.67	94.88

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	416.46	416.46	366.49	366.49	366.49	366.49
Additional Paid-In Capital	605.46	602.19	483.59	479.91	477.12	474.33
Retained Earnings	471.69	335.87	237.23	152.07	99.59	52.45
Comprehensive Income & Other	-7.87	-2.28	0.75	-0.93	-2.28	-8.43
Total Common Equity	1,443	1,352	1,088	997.54	940.91	884.84
Minority Interest	10.85	10.59	9.98	8.29	6.33	4.63
Shareholders' Equity	1,453	1,363	1,098	1,006	947.25	889.47
Total Liabilities & Equity	1,676	1,453	1,182	1,102	1,048	984.35

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	133.67	55.55	43.86	48.98	51.55	55.7
Net Cash (Debt)	448.63	467.7	61.18	217.96	287.31	555.66
Net Cash Growth	54.41%	664.50%	-71.93%	-24.14%	-48.29%	-
Net Cash Per Share	1.08	1.13	0.17	0.59	0.78	1.79
Filing Date Shares Outstanding	417.09	416.46	366.49	366.49	366.49	366.49
Total Common Shares Outstanding	417.09	416.46	366.49	366.49	366.49	366.49
Working Capital	918.29	767.98	549.63	397.34	449.38	670.38
Book Value Per Share	3.46	3.25	2.97	2.72	2.57	2.41
Tangible Book Value	1,432	1,341	1,077	985.72	928.51	874.26
Tangible Book Value Per Share	3.43	3.22	2.94	2.69	2.53	2.39
Buildings	-	183.66	183.19	173.97	171.3	171.3
Machinery	-	87.49	81.17	78.35	70.31	45.14
Construction In Progress	-	10.46	3.27	8.66	1.73	12.54

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 10, 2026

Data Sources Report a data error