Jiangxi Welgao Electronics Co., Ltd. (SHE:301251)

SHE:301251 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	Jan 1, 2023	Dec 31, 2021
Cash & Equivalents	518.2	631.17	698.91	759.05	109.64	171.44
Trading Asset Securities	1	57.38	154.62	158.4	-	1.93
Cash & Short-Term Investments	519.2	688.55	853.53	917.46	109.64	173.37
Cash Growth	-37.49%	-19.33%	-6.97%	736.79%	-36.76%	62.70%
Accounts Receivable	960.69	542.57	343.75	294.5	263.58	263.85
Other Receivables	7.47	1.34	2.73	1.93	2.06	6.42
Receivables	968.16	543.91	346.47	296.42	265.64	270.26
Inventory	772.05	403.93	258.93	161.76	152.18	220.53
Other Current Assets	71.5	74.43	44.79	21.75	5.01	13.81
Total Current Assets	2,331	1,711	1,504	1,397	532.47	677.97
Property, Plant & Equipment	1,321	1,108	862.65	474.57	350.49	346.03
Other Intangible Assets	62.23	65.09	60.74	59.57	15.05	11.59
Long-Term Deferred Tax Assets	22.97	20.85	21.77	5.23	5.12	5.91
Long-Term Deferred Charges	14.79	12.73	9.9	4.75	3.91	3.36
Other Long-Term Assets	98.32	80.23	9.23	19.83	1.9	3.39
Total Assets	3,851	2,998	2,468	1,961	908.95	1,048

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	Jan 1, 2023	Dec 31, 2021
Accounts Payable	1,322	853.83	664.39	371	272.52	518.6
Accrued Expenses	25.03	19.46	17.73	14.32	12.73	11.77
Short-Term Debt	676.51	388.17	241.09	99.97	95.08	80.03
Current Portion of Long-Term Debt	58.07	30.04	-	-	0.41	-
Current Portion of Leases	-	0.2	0.22	3.7	5.88	17.87
Current Income Taxes Payable	4.4	-	0.06	1.15	0.72	3.39
Current Unearned Revenue	3.7	1.13	1.06	0.43	0	0.15
Other Current Liabilities	57.5	87.76	35.58	22.64	28.28	28.07
Total Current Liabilities	2,147	1,381	960.12	513.22	415.62	659.88
Long-Term Debt	10.01	30	-	-	9.6	-
Long-Term Leases	0.81	0.21	0.4	3.6	7.25	3.6
Long-Term Unearned Revenue	4.66	4.95	5.37	5.8	6.23	6.67
Long-Term Deferred Tax Liabilities	1.66	0.24	0.37	0.44	0.4	0.31
Other Long-Term Liabilities	-	-	-	0.19	0.38	0.38
Total Liabilities	2,164	1,416	966.26	523.25	439.48	670.85

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	Jan 1, 2023	Dec 31, 2021
Common Stock	188.56	134.69	134.62	134.62	100.97	100.97
Additional Paid-In Capital	1,026	1,072	1,061	1,053	210.92	206.12
Retained Earnings	510.56	334.84	285.57	247.75	157.58	70.3
Comprehensive Income & Other	-38.85	40.94	20.52	2.77	-	-
Shareholders' Equity	1,686	1,582	1,502	1,438	469.47	377.39
Total Liabilities & Equity	3,851	2,998	2,468	1,961	908.95	1,048

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	Jan 1, 2023	Dec 31, 2021
Total Debt	745.39	448.61	241.71	107.27	118.23	101.5
Net Cash (Debt)	-226.2	239.94	611.83	810.19	-8.59	71.86
Net Cash Growth	-	-60.78%	-24.48%	-	-	-
Net Cash Per Share	-0.99	1.27	3.21	5.26	-0.06	0.55
Filing Date Shares Outstanding	188.56	188.56	188.47	188.47	141.35	141.35
Total Common Shares Outstanding	188.56	188.56	188.47	188.47	141.35	141.35
Working Capital	183.71	330.25	543.61	884.17	116.85	18.09
Book Value Per Share	8.94	8.39	7.97	7.63	3.32	2.67
Tangible Book Value	1,624	1,517	1,441	1,379	454.42	365.81
Tangible Book Value Per Share	8.61	8.05	7.65	7.31	3.21	2.59
Buildings	-	548.81	497.9	171.75	165.19	137.89
Machinery	-	710.1	562.14	375.61	347.24	320.51
Construction In Progress	-	185.36	59.57	133.01	4.61	9.21

Data Source: S&P Global Market Intelligence Last updated: Oct 16, 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 13, 2026

Data Sources Report a data error