Shandong University Electric Power Technology Co., Ltd. (SHE:301609)

SHE:301609 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	538.59	554.36	433.41	316.07	193.07	252.46
Trading Asset Securities	535.07	560	-	-	-	-
Cash & Short-Term Investments	1,074	1,114	433.41	316.07	193.07	252.46
Cash Growth	126.09%	157.11%	37.12%	63.71%	-23.52%	-3.73%
Accounts Receivable	166.34	187.06	222.96	180.89	211.32	166.71
Other Receivables	2.5	3.01	3.99	0.7	0.06	0.03
Receivables	168.85	190.07	226.96	181.59	211.39	166.74
Inventory	314.46	303.33	237.94	218.1	203.05	188.19
Other Current Assets	19.41	17.47	20.94	15.38	12.1	11.31
Total Current Assets	1,576	1,625	919.25	731.14	619.61	618.69
Property, Plant & Equipment	163.72	168.24	172.54	177.84	134.2	78.09
Other Intangible Assets	15.59	15.71	16.12	16.53	16.76	17.2
Long-Term Deferred Tax Assets	5.95	6.06	6.13	5.37	5.15	4.8
Other Long-Term Assets	15.95	13.64	12.97	12.28	10.41	10.45
Total Assets	1,778	1,829	1,127	943.16	786.14	729.24

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	126.76	119.14	145.89	138.4	81.95	69.77
Accrued Expenses	27	53.13	52.15	37.59	32.77	41.63
Current Portion of Leases	-	0.57	0.81	0.31	0.9	0.74
Current Income Taxes Payable	8.6	7.74	8.07	4.99	6.63	12.15
Current Unearned Revenue	344.38	356.21	295.61	264.65	236.12	207.29
Other Current Liabilities	6.73	10.17	8.07	8.18	10.68	8.25
Total Current Liabilities	513.9	546.97	510.59	454.12	369.05	339.82
Long-Term Leases	-	0.15	0.74	-	0.31	0.87
Total Liabilities	513.9	547.11	511.33	454.12	369.36	340.69

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	162.88	162.88	122.16	122.16	122.16	122.16
Additional Paid-In Capital	502.07	502.07	14.34	14.34	14.34	14.24
Retained Earnings	598.72	616.82	479.17	352.54	280.27	252.15
Shareholders' Equity	1,264	1,282	615.68	489.04	416.78	388.55
Total Liabilities & Equity	1,778	1,829	1,127	943.16	786.14	729.24

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	0.44	0.72	1.55	0.31	1.21	1.6
Net Cash (Debt)	1,073	1,114	431.86	315.76	191.86	250.86
Net Cash Growth	126.56%	157.87%	36.77%	64.58%	-23.52%	-4.34%
Net Cash Per Share	6.76	8.01	3.55	2.58	1.57	2.04
Filing Date Shares Outstanding	164.46	162.88	122.16	122.16	122.16	122.86
Total Common Shares Outstanding	164.46	162.88	122.16	122.16	122.16	122.86
Working Capital	1,062	1,078	408.65	277.03	250.56	278.87
Book Value Per Share	7.68	7.87	5.04	4.00	3.41	3.16
Tangible Book Value	1,248	1,266	599.55	472.51	400.02	371.35
Tangible Book Value Per Share	7.59	7.77	4.91	3.87	3.27	3.02
Buildings	-	177.25	173.42	181.51	8.76	8.76
Machinery	-	26.47	23.17	20.35	17.54	16.24
Construction In Progress	-	-	-	-	127.24	69.46

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 25, 2026

Data Sources Report a data error