Shenzhen Techwinsemi Technology Co., Ltd. (Demingli) (DEMINGLI) balance sheet

SHZ · Technology · Semiconductors · 1,206 employees · CEO Hu Li

Price: CN¥207.78 -0.92%
Market cap: CN¥66B
Enterprise value: CN¥85.5B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-03-04 EPS est. CN¥7.33

At the end of Q3 '26 Shenzhen Techwinsemi Technology Co., Ltd. (Demingli) (DEMINGLI) held CN¥951M in cash and short-term investments against CN¥20.4B of debt incl. leases. Total assets CN¥40.2B, total liabilities CN¥28.2B, shareholders' equity CN¥12B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	CN¥274M	CN¥205M	CN¥168M	CN¥178M	CN¥916M	CN¥636M	CN¥676M	CN¥695M	CN¥706M	CN¥1.85B	CN¥3.83B	CN¥951M
Short-term investments	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥480M	CN¥191M	CN¥174M	CN¥22.3M	CN¥0	CN¥2.05M	CN¥0
Receivables	CN¥448M	CN¥258M	CN¥214M	CN¥548M	CN¥444M	CN¥612M	CN¥637M	CN¥962M	CN¥858M	CN¥1.38B	CN¥5.76B	CN¥5.24B
Inventory	CN¥1.93B	CN¥2.49B	CN¥3.38B	CN¥3.45B	CN¥4.44B	CN¥4.4B	CN¥4.64B	CN¥5.94B	CN¥7.06B	CN¥12.2B	CN¥21.4B	CN¥29B
Other current assets	CN¥108M	CN¥146M	CN¥171M	CN¥185M	CN¥194M	CN¥277M	CN¥329M	CN¥564M	CN¥903M	CN¥1.34B	CN¥500K	CN¥3.15B
Current assets	CN¥2.87B	CN¥3.34B	CN¥4.41B	CN¥4.66B	CN¥6.07B	CN¥6.57B	CN¥6.59B	CN¥8.5B	CN¥9.84B	CN¥17.3B	CN¥31.2B	CN¥38.5B
Property, plant & equipment (net)	CN¥173M	CN¥223M	CN¥225M	CN¥243M	CN¥247M	CN¥238M	CN¥310M	CN¥322M	CN¥594M	CN¥643M	CN¥938M	CN¥1.11B
Long-term investments	CN¥147M	CN¥160M	CN¥4.54M	CN¥5.71M	CN¥33M	-CN¥444M	CN¥70.3M	CN¥86.2M	CN¥58.2M	CN¥55.3M	CN¥84.5M	CN¥61.5M
Intangible assets	CN¥4.94M	CN¥3.69M	CN¥6.81M	CN¥12.9M	CN¥22.1M	CN¥19.8M	CN¥21.3M	CN¥19.2M	CN¥29M	CN¥25.3M	CN¥29.5M	CN¥26.7M
Deferred tax assets	CN¥54.3M	CN¥42.1M	CN¥33.2M	CN¥36.8M	CN¥46.5M	CN¥68.1M	CN¥81.6M	CN¥73M	CN¥79.7M	CN¥136M	CN¥580M	CN¥208M
Other non-current assets	CN¥40.7M	CN¥51.5M	CN¥188M	CN¥167M	CN¥151M	CN¥647M	CN¥167M	CN¥172M	CN¥246M	CN¥217M	CN¥140M	CN¥344M
Non-current assets	CN¥420M	CN¥480M	CN¥458M	CN¥465M	CN¥499M	CN¥529M	CN¥650M	CN¥673M	CN¥1.01B	CN¥1.08B	CN¥1.77B	CN¥1.75B
Total assets	CN¥3.29B	CN¥3.82B	CN¥4.86B	CN¥5.12B	CN¥6.57B	CN¥7.1B	CN¥7.24B	CN¥9.17B	CN¥10.9B	CN¥18.4B	CN¥33B	CN¥40.2B
Liabilities
Accounts payable	CN¥243M	CN¥273M	CN¥476M	CN¥497M	CN¥927M	CN¥720M	CN¥866M	CN¥1.6B	CN¥731M	CN¥2.01B	CN¥4.96B	CN¥5.92B
Accrued expenses	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥21.5M	CN¥0	CN¥24.2M	CN¥102M	CN¥107M
Short-term debt	CN¥1.58B	CN¥1.69B	CN¥2.07B	CN¥2.12B	CN¥1.95B	CN¥2.03B	CN¥1.82B	CN¥3.4B	CN¥3.47B	CN¥5.16B	CN¥9.36B	CN¥11.2B
Taxes payable	CN¥4.24M	CN¥23.4M	CN¥44.6M	CN¥37.6M	CN¥5.79M	CN¥1.94M	CN¥6.05M	CN¥0	CN¥117M	CN¥674M	CN¥0	CN¥0
Deferred revenue	CN¥18.8M	CN¥177M	CN¥192M	CN¥39.3M	CN¥33.7M	CN¥38.9M	CN¥96.7M	CN¥118M	CN¥624M	CN¥1.33B	CN¥893M	CN¥405M
Other current liabilities	CN¥20.7M	CN¥22.3M	CN¥34M	CN¥23.7M	CN¥73.8M	CN¥292M	CN¥698M	CN¥182M	CN¥1.24B	CN¥277M	CN¥353M	CN¥719M
Current liabilities	CN¥1.92B	CN¥2.25B	CN¥2.88B	CN¥2.85B	CN¥3.13B	CN¥3.22B	CN¥3.68B	CN¥5.32B	CN¥6.4B	CN¥9.49B	CN¥16.3B	CN¥18.8B
Long-term debt	CN¥73.7M	CN¥73.7M	CN¥292M	CN¥545M	CN¥786M	CN¥1.26B	CN¥1.03B	CN¥1.22B	CN¥952M	CN¥2.04B	CN¥6.68B	CN¥9.1B
Lease obligations (non-current)	CN¥113M	CN¥109M	CN¥104M	CN¥100M	CN¥96.3M	CN¥92.1M	CN¥89.7M	CN¥84.3M	CN¥117M	CN¥117M	CN¥117M	CN¥111M
Deferred revenue (non-current)	CN¥32M	CN¥40.7M	CN¥39.2M	CN¥37.8M	CN¥37.6M	CN¥65.5M	CN¥65.2M	CN¥62.3M	CN¥87.3M	CN¥83.1M	CN¥79M	CN¥74.9M
Deferred tax liabilities	CN¥26.5M	CN¥25.9M	CN¥25.3M	CN¥24.6M	CN¥34.4M	CN¥34.1M	CN¥26.9M	CN¥27.7M	CN¥27.8M	CN¥29.8M	CN¥30.8M	CN¥95.6M
Other non-current liabilities	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥4.8M	CN¥6.68M	CN¥0	CN¥0	CN¥0	CN¥0
Non-current liabilities	CN¥245M	CN¥250M	CN¥460M	CN¥708M	CN¥954M	CN¥1.46B	CN¥1.22B	CN¥1.4B	CN¥1.18B	CN¥2.27B	CN¥6.91B	CN¥9.38B
Total liabilities	CN¥2.16B	CN¥2.5B	CN¥3.34B	CN¥3.56B	CN¥4.09B	CN¥4.68B	CN¥4.9B	CN¥6.72B	CN¥7.58B	CN¥11.8B	CN¥23.2B	CN¥28.2B
Equity
Common stock & paid-in capital	CN¥113M	CN¥113M	CN¥148M	CN¥148M	CN¥162M	CN¥162M	CN¥162M	CN¥227M	CN¥227M	CN¥227M	CN¥227M	CN¥227M
Retained earnings	CN¥257M	CN¥438M	CN¥630M	CN¥664M	CN¥569M	CN¥500M	CN¥403M	CN¥494M	CN¥1.13B	CN¥4.39B	CN¥7.06B	CN¥9.45B
Accumulated other comprehensive income	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥1.8B	CN¥0	CN¥0	CN¥811M	CN¥2.39B
Shareholders' equity	CN¥1.12B	CN¥1.31B	CN¥1.52B	CN¥1.56B	CN¥2.48B	CN¥2.42B	CN¥2.34B	CN¥2.45B	CN¥3.27B	CN¥6.62B	CN¥9.78B	CN¥12B
Debt
Total debt (incl. leases)	CN¥1.77B	CN¥1.87B	CN¥2.47B	CN¥2.76B	CN¥2.84B	CN¥3.39B	CN¥2.94B	CN¥4.7B	CN¥4.54B	CN¥7.32B	CN¥16.2B	CN¥20.4B
Net debt (debt - cash)	CN¥1.49B	CN¥1.67B	CN¥2.3B	CN¥2.58B	CN¥1.92B	CN¥2.76B	CN¥2.26B	CN¥4.01B	CN¥3.84B	CN¥5.47B	CN¥12.3B	CN¥19.5B

Balance sheet	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥1.94M	CN¥2.21M	CN¥33.6M	CN¥72M	CN¥118M	CN¥109M	CN¥274M	CN¥916M	CN¥706M
Short-term investments	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥141M	CN¥0	CN¥0	CN¥22.3M
Receivables	CN¥11M	CN¥61.8M	CN¥115M	CN¥126M	CN¥157M	CN¥427M	CN¥448M	CN¥444M	CN¥858M
Inventory	CN¥121M	CN¥160M	CN¥287M	CN¥437M	CN¥566M	CN¥755M	CN¥1.93B	CN¥4.44B	CN¥7.06B
Other current assets	CN¥10.1M	CN¥8.71M	CN¥18.1M	CN¥37.5M	CN¥57.4M	CN¥77.8M	CN¥108M	CN¥194M	CN¥903M
Current assets	CN¥155M	CN¥259M	CN¥499M	CN¥727M	CN¥973M	CN¥1.66B	CN¥2.87B	CN¥6.07B	CN¥9.84B
Property, plant & equipment (net)	CN¥3.52M	CN¥4.5M	CN¥7.39M	CN¥54.2M	CN¥140M	CN¥226M	CN¥173M	CN¥247M	CN¥594M
Long-term investments	CN¥0	CN¥0	CN¥0	CN¥17.6M	CN¥0	-CN¥137M	CN¥1.5M	CN¥33M	CN¥58.2M
Intangible assets	CN¥47.4K	CN¥65.2K	CN¥28.6K	CN¥7.77K	CN¥0	CN¥6.63M	CN¥4.94M	CN¥22.1M	CN¥29M
Deferred tax assets	CN¥895K	CN¥2.82M	CN¥2.45M	CN¥4.16M	CN¥8.55M	CN¥32.3M	CN¥54.3M	CN¥46.5M	CN¥79.7M
Other non-current assets	CN¥698K	CN¥5.66M	CN¥6.86M	CN¥44.6M	CN¥23.6M	CN¥204M	CN¥186M	CN¥151M	CN¥246M
Non-current assets	CN¥5.16M	CN¥13M	CN¥16.7M	CN¥121M	CN¥173M	CN¥332M	CN¥420M	CN¥499M	CN¥1.01B
Total assets	CN¥160M	CN¥272M	CN¥516M	CN¥847M	CN¥1.15B	CN¥2B	CN¥3.29B	CN¥6.57B	CN¥10.9B
Liabilities
Accounts payable	CN¥41.9M	CN¥97.3M	CN¥86.3M	CN¥82.8M	CN¥176M	CN¥331M	CN¥243M	CN¥927M	CN¥731M
Short-term debt	CN¥9.7M	CN¥16.3M	CN¥23.5M	CN¥167M	CN¥262M	CN¥359M	CN¥1.58B	CN¥1.95B	CN¥3.47B
Taxes payable	CN¥4.29M	CN¥6.2M	CN¥12.1M	CN¥15.9M	CN¥17.5M	CN¥1.21M	CN¥4.24M	CN¥5.79M	CN¥117M
Deferred revenue	CN¥0	CN¥0	CN¥4.53M	CN¥15.1M	CN¥21.8M	CN¥6.37M	CN¥18.8M	CN¥33.7M	CN¥624M
Other current liabilities	CN¥25.2M	CN¥1.04M	CN¥1.24M	CN¥11.4M	CN¥21.9M	CN¥19.7M	CN¥20.7M	CN¥73.8M	CN¥1.24B
Current liabilities	CN¥130M	CN¥169M	CN¥168M	CN¥327M	CN¥524M	CN¥734M	CN¥1.92B	CN¥3.13B	CN¥6.4B
Long-term debt	CN¥0	CN¥1.8M	CN¥2.28M	CN¥13.5M	CN¥0	CN¥0	CN¥73.7M	CN¥786M	CN¥952M
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥24.8M	CN¥28.5M	CN¥134M	CN¥113M	CN¥96.3M	CN¥117M
Deferred revenue (non-current)	CN¥250K	CN¥750K	CN¥750K	CN¥34.2M	CN¥39.7M	CN¥14.2M	CN¥32M	CN¥37.6M	CN¥87.3M
Deferred tax liabilities	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥22.4M	CN¥26.5M	CN¥34.4M	CN¥27.8M
Other non-current liabilities	CN¥382K	CN¥164K	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Non-current liabilities	CN¥632K	CN¥2.71M	CN¥3.03M	CN¥72.5M	CN¥68.2M	CN¥170M	CN¥245M	CN¥954M	CN¥1.18B
Total liabilities	CN¥131M	CN¥171M	CN¥171M	CN¥399M	CN¥592M	CN¥904M	CN¥2.16B	CN¥4.09B	CN¥7.58B
Equity
Common stock & paid-in capital	CN¥16.4M	CN¥20.6M	CN¥22.4M	CN¥60M	CN¥60M	CN¥80.2M	CN¥113M	CN¥162M	CN¥227M
Retained earnings	CN¥9.74M	CN¥37.1M	CN¥72.4M	CN¥97.3M	CN¥186M	CN¥247M	CN¥257M	CN¥569M	CN¥1.13B
Shareholders' equity	CN¥28.8M	CN¥100M	CN¥345M	CN¥448M	CN¥554M	CN¥1.09B	CN¥1.12B	CN¥2.48B	CN¥3.27B
Debt
Total debt (incl. leases)	CN¥9.7M	CN¥18.1M	CN¥25.7M	CN¥205M	CN¥291M	CN¥493M	CN¥1.77B	CN¥2.84B	CN¥4.54B
Net debt (debt - cash)	CN¥7.76M	CN¥15.9M	-CN¥7.89M	CN¥133M	CN¥173M	CN¥384M	CN¥1.49B	CN¥1.92B	CN¥3.84B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02