Zhejiang Canaan Technology Limited (SHE:300412)

SHE:300412 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	388.53	329.47	263.99	295.13	391.82	492.41
Trading Asset Securities	3.77	211.39	99.51	-	-	-
Cash & Short-Term Investments	392.3	540.86	363.5	295.13	391.82	492.41
Cash Growth	12.59%	48.79%	23.17%	-24.68%	-20.43%	52.19%
Accounts Receivable	488.25	483.82	503.14	478.46	544.13	462.68
Other Receivables	19.02	16.57	20.97	38.84	-28.15	1.7
Receivables	507.28	500.38	524.11	517.3	515.98	464.38
Inventory	755.39	665.17	747.83	905.72	766.47	671.83
Other Current Assets	78.97	62.63	46.52	75.79	120.83	99.89
Total Current Assets	1,734	1,769	1,682	1,794	1,795	1,729
Property, Plant & Equipment	570.14	591.23	620.49	628.41	533.52	424.57
Goodwill	22.36	22.36	25.83	25.83	25.83	60.37
Other Intangible Assets	94.94	96.5	99.81	109.28	109.85	78.32
Long-Term Deferred Tax Assets	23.54	19.74	17.46	19.14	19.9	13.68
Long-Term Deferred Charges	10.85	8.51	8.9	6.73	4.94	5.49
Other Long-Term Assets	23.94	24.44	27.41	14.58	10.89	2.44
Total Assets	2,480	2,532	2,482	2,598	2,500	2,313

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	385.28	417.18	375.66	375.09	465.83	341.44
Accrued Expenses	19.29	41.79	53.9	43.89	54.6	48.72
Short-Term Debt	239.07	337.75	240.83	137.14	143.14	98.12
Current Portion of Long-Term Debt	24.16	30.54	5.76	77.59	2.3	-
Current Portion of Leases	-	4.74	5.8	8	9.22	6.39
Current Income Taxes Payable	8.57	-	3.07	1.72	3.49	14.72
Current Unearned Revenue	551.32	457.31	479.03	645.86	557.49	423.25
Other Current Liabilities	35.93	28.26	41.3	49.1	53.69	47.65
Total Current Liabilities	1,264	1,318	1,205	1,338	1,290	980.3
Long-Term Debt	136.2	107.48	174.19	180.24	98.07	116.49
Long-Term Leases	6.15	6.57	8.79	11.66	15.7	15.27
Long-Term Unearned Revenue	6.26	6.54	7.09	7.65	8.21	8.77
Long-Term Deferred Tax Liabilities	2.59	3.32	4.11	4	4.82	4.82
Total Liabilities	1,415	1,441	1,400	1,542	1,417	1,126

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	497.76	497.76	497.76	497.76	497.76	292.8
Additional Paid-In Capital	343.42	343.42	343.42	343.42	343.42	548.38
Retained Earnings	179.59	210.54	210.77	174.5	197.93	290.7
Total Common Equity	1,021	1,052	1,052	1,016	1,039	1,132
Minority Interest	44.13	38.62	30.39	40.29	44.35	55.84
Shareholders' Equity	1,065	1,090	1,082	1,056	1,083	1,188
Total Liabilities & Equity	2,480	2,532	2,482	2,598	2,500	2,313

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	405.58	487.08	435.36	414.62	268.44	236.27
Net Cash (Debt)	-13.27	53.78	-71.86	-119.5	123.38	256.14
Net Cash Growth	-	-	-	-	-51.83%	81.17%
Net Cash Per Share	-0.03	0.11	-0.14	-0.25	0.25	0.56
Filing Date Shares Outstanding	532.48	497.76	497.76	497.76	497.76	497.76
Total Common Shares Outstanding	532.48	497.76	497.76	497.76	497.76	497.76
Working Capital	470.33	451.47	476.62	455.55	505.33	748.21
Book Value Per Share	1.92	2.11	2.11	2.04	2.09	2.27
Tangible Book Value	903.47	932.87	926.31	880.57	903.43	993.19
Tangible Book Value Per Share	1.70	1.87	1.86	1.77	1.81	2.00
Buildings	-	612.26	603.57	514.72	224.2	206.92
Machinery	-	190.48	185.46	164.75	139.63	122.61
Construction In Progress	-	1.99	1.82	100.4	287.41	194.76

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 26, 2026

Data Sources Report a data error