Hangzhou Innover Technology Co., Ltd. (SHE:002767)

SHE:002767 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	Jan 1, 2023	Jan 1, 2022
Cash & Equivalents	114.41	191.43	308.43	256.12	128.24	17.86
Trading Asset Securities	159.58	232.27	49.16	61.12	155.24	271.37
Cash & Short-Term Investments	273.99	423.71	357.58	317.24	283.48	289.23
Cash Growth	-14.62%	18.49%	12.72%	11.91%	-1.99%	-23.57%
Accounts Receivable	549.3	462.69	428.67	351.17	360.2	309.54
Other Receivables	21.91	10.48	6.08	7.45	9.19	5.57
Receivables	571.21	473.18	434.74	358.62	369.39	315.11
Inventory	189.44	140.74	117.05	136.15	145.64	114.13
Other Current Assets	7.94	12.14	11.57	18.7	6.33	11.82
Total Current Assets	1,043	1,050	920.95	830.72	804.84	730.3
Property, Plant & Equipment	195.47	198	207.72	222.15	214.49	222.74
Long-Term Investments	14.58	20.7	19.62	32.18	35.47	50.99
Other Intangible Assets	7.46	8.3	9.82	10.6	11.99	7.13
Long-Term Deferred Tax Assets	17.42	16.71	15.22	13.65	7.23	5.82
Long-Term Deferred Charges	4.68	3.92	3.63	3.8	0.97	1.03
Other Long-Term Assets	4.63	2.35	1.51	0.75	8.38	1.45
Total Assets	1,287	1,300	1,178	1,114	1,083	1,019

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	Jan 1, 2023	Jan 1, 2022
Accounts Payable	362.37	371.49	282.68	247.34	236.7	205.64
Accrued Expenses	7.29	37.41	32.25	29.54	23.16	19.24
Short-Term Debt	3	3	8	1.5	5.09	2.9
Current Portion of Leases	-	1.56	2.88	2.92	1.54	1.32
Current Income Taxes Payable	2.07	0.61	0.45	4.91	3.16	5.85
Current Unearned Revenue	12.24	6.03	2.59	1.04	0.61	1.35
Other Current Liabilities	16.44	9.33	5.23	5.71	3.41	6.46
Total Current Liabilities	406.11	429.44	334.08	292.96	273.67	242.76
Long-Term Leases	1.99	2.02	3.85	5.21	-	1.1
Long-Term Deferred Tax Liabilities	0.09	0.25	0.05	0.03	0.7	0.7
Total Liabilities	408.2	431.71	337.98	298.2	274.38	244.57

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	Jan 1, 2023	Jan 1, 2022
Common Stock	150	150	150	150	150	150
Additional Paid-In Capital	287	287	287	287	287.25	287.25
Retained Earnings	429.97	417.41	396.22	372.15	364.53	335.17
Comprehensive Income & Other	3.77	6.52	1.74	1.75	-	-
Total Common Equity	870.74	860.93	834.96	810.89	801.78	772.42
Minority Interest	7.87	7.11	5.54	4.75	7.2	2.46
Shareholders' Equity	878.61	868.04	840.5	815.64	808.99	774.88
Total Liabilities & Equity	1,287	1,300	1,178	1,114	1,083	1,019

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	Jan 1, 2023	Jan 1, 2022
Total Debt	7.7	6.58	14.73	9.63	6.63	5.33
Net Cash (Debt)	266.29	417.13	342.85	307.61	276.85	283.91
Net Cash Growth	-14.80%	21.66%	11.46%	11.11%	-2.49%	-23.29%
Net Cash Per Share	1.82	2.85	2.33	2.02	1.82	1.95
Filing Date Shares Outstanding	148.73	150	150	150	150	150
Total Common Shares Outstanding	148.73	150	150	150	150	150
Working Capital	636.47	620.33	586.87	537.75	531.16	487.53
Book Value Per Share	5.85	5.74	5.57	5.41	5.35	5.15
Tangible Book Value	863.28	852.63	825.14	800.29	789.8	765.29
Tangible Book Value Per Share	5.80	5.68	5.50	5.34	5.27	5.10
Buildings	-	195.02	195.01	195.01	194.26	193.77
Machinery	-	109.38	100.32	95.97	76.67	69.27
Construction In Progress	-	3.56	1.81	0.27	0.5	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Aug 23, 2026

Data Sources Report a data error