Hengtong Optic-Electric Co., Ltd. (HTGD) balance sheet

SHH · Technology · Communication Equipment · 17,124 employees · CEO Jianfeng Zhang

Price: CN¥43.52 +2.59%
Market cap: CN¥106B
Enterprise value: CN¥110B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-23 EPS est. CN¥0.57

At the end of Q3 '26 Hengtong Optic-Electric Co., Ltd. (HTGD) held CN¥13.7B in cash and short-term investments against CN¥16.6B of debt incl. leases. Total assets CN¥83.8B, total liabilities CN¥43.4B, shareholders' equity CN¥37B.

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¥10.6B	CN¥9.92B	CN¥8.85B	CN¥9.55B	CN¥11.9B	CN¥11.9B	CN¥12.8B	CN¥13.8B	CN¥11.9B	CN¥13.3B	CN¥12.1B	CN¥13.3B
Short-term investments	CN¥1.31B	CN¥406M	CN¥1.31B	CN¥416M	CN¥410M	CN¥409M	CN¥408M	CN¥384M	CN¥1.94B	CN¥440M	CN¥1.22B	CN¥438M
Receivables	CN¥19.8B	CN¥21.7B	CN¥21.7B	CN¥23.1B	CN¥21.9B	CN¥23.1B	CN¥23.1B	CN¥23.6B	CN¥24.4B	CN¥25B	CN¥27.9B	CN¥30.3B
Inventory	CN¥8.3B	CN¥8.47B	CN¥8.74B	CN¥8.67B	CN¥9.04B	CN¥9.3B	CN¥9.64B	CN¥9.57B	CN¥9.43B	CN¥9.47B	CN¥10.9B	CN¥12.3B
Other current assets	CN¥3.53B	CN¥1.23B	CN¥3.73B	CN¥1.72B	CN¥1.83B	CN¥1.65B	CN¥1.95B	CN¥2.12B	CN¥1.12B	CN¥2.79B	CN¥1.67B	CN¥3.14B
Current assets	CN¥43.1B	CN¥43.8B	CN¥43.8B	CN¥45.4B	CN¥47B	CN¥48.3B	CN¥49.9B	CN¥51.8B	CN¥52.2B	CN¥53.9B	CN¥57.3B	CN¥62.9B
Property, plant & equipment (net)	CN¥13.3B	CN¥13.4B	CN¥13.7B	CN¥13.2B	CN¥13.3B	CN¥13.1B	CN¥13.4B	CN¥13.7B	CN¥14.3B	CN¥14.1B	CN¥14.7B	CN¥14.7B
Long-term investments	CN¥2.22B	CN¥1.58B	CN¥2B	CN¥2.07B	CN¥1.6B	CN¥1.58B	CN¥2.11B	CN¥1.96B	CN¥1.92B	CN¥1.91B	CN¥2.04B	CN¥2.05B
Goodwill	CN¥904M	CN¥904M	CN¥904M	CN¥904M	CN¥848M	CN¥848M	CN¥848M	CN¥848M	CN¥815M	CN¥619M	CN¥619M	CN¥619M
Intangible assets	CN¥1.71B	CN¥1.68B	CN¥1.63B	CN¥1.67B	CN¥1.64B	CN¥1.67B	CN¥1.62B	CN¥1.61B	CN¥1.65B	CN¥1.62B	CN¥1.6B	CN¥1.56B
Deferred tax assets	CN¥900M	CN¥956M	CN¥1B	CN¥1.02B	CN¥1.02B	CN¥1.01B	CN¥1.03B	CN¥1.04B	CN¥1.06B	CN¥1.14B	CN¥1.09B	CN¥1.09B
Other non-current assets	CN¥353M	CN¥1.01B	CN¥329M	CN¥664M	CN¥1.02B	CN¥1.09B	CN¥830M	CN¥896M	CN¥462M	CN¥889M	CN¥515M	CN¥926M
Non-current assets	CN¥19.4B	CN¥19.5B	CN¥19.6B	CN¥19.5B	CN¥19.4B	CN¥19.3B	CN¥19.9B	CN¥20.1B	CN¥20.2B	CN¥20.2B	CN¥20.6B	CN¥21B
Total assets	CN¥62.5B	CN¥63.3B	CN¥63.4B	CN¥64.9B	CN¥66.4B	CN¥67.6B	CN¥69.7B	CN¥71.9B	CN¥72.4B	CN¥74.2B	CN¥77.9B	CN¥83.8B
Liabilities
Accounts payable	CN¥9.86B	CN¥9.38B	CN¥6.93B	CN¥5.83B	CN¥11.9B	CN¥12.1B	CN¥12.8B	CN¥5.85B	CN¥6.48B	CN¥12.1B	CN¥6.2B	CN¥6.44B
Accrued expenses	CN¥0	CN¥407M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥547M	CN¥684M	CN¥484M	CN¥489M	CN¥0
Short-term debt	CN¥11.9B	CN¥10.4B	CN¥10.6B	CN¥15.1B	CN¥7.58B	CN¥8.36B	CN¥10.5B	CN¥21.9B	CN¥20.3B	CN¥12.6B	CN¥22.3B	CN¥12.3B
Taxes payable	CN¥151M	CN¥335M	CN¥172M	CN¥307M	CN¥450M	CN¥258M	CN¥361M	CN¥0	CN¥0	CN¥380M	CN¥0	CN¥881M
Deferred revenue	CN¥4.76B	CN¥7.58B	CN¥5.62B	CN¥4.85B	CN¥5.25B	CN¥5.66B	CN¥5.33B	CN¥5.38B	CN¥4.97B	CN¥5.19B	CN¥5.48B	CN¥0
Other current liabilities	CN¥7.2B	CN¥1.65B	CN¥8.01B	CN¥2.3B	CN¥8.73B	CN¥10.1B	CN¥9.13B	CN¥1.31B	CN¥1.41B	CN¥1.4B	CN¥1.41B	CN¥18.7B
Current liabilities	CN¥29B	CN¥27.7B	CN¥27.4B	CN¥28.1B	CN¥30.4B	CN¥32.3B	CN¥34.3B	CN¥35.3B	CN¥34B	CN¥33.8B	CN¥36.1B	CN¥38.3B
Long-term debt	CN¥4.52B	CN¥6.02B	CN¥4.9B	CN¥4.37B	CN¥4.27B	CN¥2.92B	CN¥2.41B	CN¥2.62B	CN¥2.72B	CN¥3.97B	CN¥3.92B	CN¥4.14B
Lease obligations (non-current)	CN¥128M	CN¥99.5M	CN¥111M	CN¥117M	CN¥102M	CN¥98.5M	CN¥103M	CN¥110M	CN¥96.1M	CN¥94.6M	CN¥87.2M	CN¥83.2M
Deferred revenue (non-current)	CN¥168M	CN¥171M	CN¥170M	CN¥180M	CN¥284M	CN¥319M	CN¥367M	CN¥453M	CN¥455M	CN¥456M	CN¥500M	CN¥636M
Deferred tax liabilities	CN¥168M	CN¥134M	CN¥144M	CN¥159M	CN¥124M	CN¥128M	CN¥115M	CN¥121M	CN¥111M	CN¥114M	CN¥94M	CN¥149M
Other non-current liabilities	CN¥596M	CN¥416M	CN¥583M	CN¥398M	CN¥393M	CN¥45.3M	CN¥46M	CN¥43.8M	CN¥56.6M	CN¥52.4M	CN¥49.4M	CN¥42.9M
Non-current liabilities	CN¥5.25B	CN¥6.84B	CN¥5.57B	CN¥5.22B	CN¥5.17B	CN¥3.51B	CN¥3.04B	CN¥3.35B	CN¥2.98B	CN¥4.68B	CN¥4.65B	CN¥5.05B
Total liabilities	CN¥34.2B	CN¥34.6B	CN¥32.9B	CN¥33.3B	CN¥35.5B	CN¥35.8B	CN¥37.3B	CN¥38.6B	CN¥37B	CN¥38.5B	CN¥40.8B	CN¥43.4B
Equity
Common stock & paid-in capital	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B
Retained earnings	CN¥13.3B	CN¥13.8B	CN¥14.5B	CN¥15.3B	CN¥15.7B	CN¥16.2B	CN¥16.7B	CN¥17.5B	CN¥17.6B	CN¥18.7B	CN¥20.1B	CN¥23.1B
Accumulated other comprehensive income	CN¥645M	CN¥10.5B	CN¥603M	CN¥11.1B	CN¥541M	CN¥11.1B	CN¥868M	CN¥11.3B	CN¥1.58B	CN¥11.6B	CN¥1.05B	CN¥0
Shareholders' equity	CN¥25.6B	CN¥26.2B	CN¥27.3B	CN¥28.3B	CN¥28.5B	CN¥29.3B	CN¥29.9B	CN¥30.8B	CN¥31.8B	CN¥32.4B	CN¥33.7B	CN¥37B
Debt
Total debt (incl. leases)	CN¥21.4B	CN¥16.5B	CN¥19.6B	CN¥19.5B	CN¥12B	CN¥11.4B	CN¥13B	CN¥24.6B	CN¥23.1B	CN¥16.7B	CN¥26.3B	CN¥16.6B
Net debt (debt - cash)	CN¥10.8B	CN¥6.57B	CN¥10.7B	CN¥4.12B	CN¥34.1M	-CN¥473M	CN¥228M	CN¥10.8B	CN¥11.2B	CN¥3.35B	CN¥14.2B	CN¥3.29B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥3.1B	CN¥3.39B	CN¥5.05B	CN¥7.17B	CN¥9.73B	CN¥10.2B	CN¥9.68B	CN¥11.5B	CN¥11.9B	CN¥11.9B
Short-term investments	CN¥0	CN¥0	CN¥0	CN¥344M	CN¥1.65B	CN¥588M	CN¥473M	CN¥406M	CN¥410M	CN¥1.94B
Receivables	CN¥5.48B	CN¥7.61B	CN¥9.98B	CN¥11.5B	CN¥13.8B	CN¥17.6B	CN¥20B	CN¥19.8B	CN¥21.9B	CN¥24.4B
Inventory	CN¥3.93B	CN¥4.89B	CN¥4.51B	CN¥4.69B	CN¥4.86B	CN¥5.15B	CN¥4.8B	CN¥8.3B	CN¥9.04B	CN¥9.43B
Other current assets	CN¥1.23B	CN¥3.55B	CN¥4.74B	CN¥2.7B	CN¥2.72B	CN¥2.85B	CN¥3.44B	CN¥1.28B	CN¥1.83B	CN¥1.12B
Current assets	CN¥13.4B	CN¥19.9B	CN¥23.9B	CN¥26.4B	CN¥32.8B	CN¥36B	CN¥37.8B	CN¥43.1B	CN¥47B	CN¥52.2B
Property, plant & equipment (net)	CN¥3.76B	CN¥4.95B	CN¥7.65B	CN¥9.32B	CN¥9.79B	CN¥10.2B	CN¥10.7B	CN¥13.3B	CN¥13.3B	CN¥14.3B
Long-term investments	CN¥1.07B	CN¥1.45B	CN¥1.66B	CN¥1.31B	CN¥232M	CN¥1.32B	CN¥1.71B	CN¥2.22B	CN¥1.6B	CN¥1.92B
Goodwill	CN¥501M	CN¥470M	CN¥578M	CN¥483M	CN¥1.02B	CN¥1.04B	CN¥1.02B	CN¥904M	CN¥848M	CN¥815M
Intangible assets	CN¥654M	CN¥877M	CN¥1.45B	CN¥1.94B	CN¥1.91B	CN¥1.87B	CN¥2.21B	CN¥1.71B	CN¥1.64B	CN¥1.65B
Deferred tax assets	CN¥89.8M	CN¥112M	CN¥164M	CN¥218M	CN¥365M	CN¥626M	CN¥787M	CN¥900M	CN¥1.02B	CN¥1.06B
Other non-current assets	CN¥216M	CN¥463M	CN¥942M	CN¥1.56B	CN¥2.35B	CN¥1.46B	CN¥1.4B	CN¥353M	CN¥1.02B	CN¥462M
Non-current assets	CN¥6.29B	CN¥8.32B	CN¥12.5B	CN¥14.8B	CN¥15.7B	CN¥16.5B	CN¥17.8B	CN¥19.4B	CN¥19.4B	CN¥20.2B
Total assets	CN¥19.7B	CN¥28.2B	CN¥36.4B	CN¥41.2B	CN¥48.5B	CN¥52.5B	CN¥55.7B	CN¥62.5B	CN¥66.4B	CN¥72.4B
Liabilities
Accounts payable	CN¥3.75B	CN¥5.84B	CN¥8.07B	CN¥8.18B	CN¥7.56B	CN¥9.51B	CN¥10.3B	CN¥9.86B	CN¥11.9B	CN¥6.48B
Accrued expenses	CN¥0	CN¥452M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥684M
Short-term debt	CN¥4.41B	CN¥6.12B	CN¥8.96B	CN¥8.79B	CN¥9.25B	CN¥9.79B	CN¥7.49B	CN¥9.26B	CN¥7.58B	CN¥20.3B
Taxes payable	CN¥217M	CN¥182M	CN¥394M	CN¥265M	CN¥289M	CN¥382M	CN¥407M	CN¥151M	CN¥450M	CN¥0
Deferred revenue	CN¥1.01B	CN¥1.41B	CN¥394M	CN¥1.03B	CN¥4.05B	CN¥4.14B	CN¥2.57B	CN¥4.76B	CN¥5.25B	CN¥4.97B
Other current liabilities	CN¥1.38B	CN¥977M	CN¥3.29B	CN¥3.3B	CN¥1.67B	CN¥1.92B	CN¥3.7B	CN¥9.84B	CN¥8.73B	CN¥1.4B
Current liabilities	CN¥10.6B	CN¥14.3B	CN¥20.7B	CN¥20.3B	CN¥21.3B	CN¥23.9B	CN¥24.1B	CN¥29B	CN¥30.4B	CN¥34B
Long-term debt	CN¥2.16B	CN¥2.6B	CN¥1.92B	CN¥4.25B	CN¥3.44B	CN¥3.42B	CN¥4.17B	CN¥4.52B	CN¥4.27B	CN¥2.72B
Lease obligations (non-current)	CN¥0	CN¥0	-CN¥15.9M	CN¥0	CN¥0	CN¥121M	CN¥123M	CN¥128M	CN¥102M	CN¥96.1M
Deferred revenue (non-current)	CN¥111M	CN¥143M	CN¥121M	CN¥81.9M	CN¥92.8M	CN¥84.5M	CN¥97.6M	CN¥168M	CN¥284M	CN¥455M
Deferred tax liabilities	CN¥11.9M	CN¥26.9M	CN¥32.8M	CN¥70.9M	CN¥167M	CN¥171M	CN¥181M	CN¥168M	CN¥124M	CN¥111M
Other non-current liabilities	CN¥107M	CN¥243M	CN¥83.5M	CN¥102M	CN¥153M	CN¥210M	CN¥127M	CN¥428M	CN¥393M	CN¥56.6M
Non-current liabilities	CN¥2.39B	CN¥2.87B	CN¥2.16B	CN¥4.51B	CN¥3.85B	CN¥3.92B	CN¥4.7B	CN¥5.41B	CN¥5.17B	CN¥2.98B
Total liabilities	CN¥12.9B	CN¥17.2B	CN¥22.9B	CN¥24.8B	CN¥25.1B	CN¥27.8B	CN¥28.8B	CN¥34.4B	CN¥35.5B	CN¥37B
Equity
Common stock & paid-in capital	CN¥1.24B	CN¥1.36B	CN¥1.9B	CN¥1.9B	CN¥2.36B	CN¥2.36B	CN¥2.47B	CN¥2.47B	CN¥2.47B	CN¥2.47B
Retained earnings	CN¥3.43B	CN¥5.33B	CN¥7.04B	CN¥8.1B	CN¥8.92B	CN¥10.2B	CN¥11.5B	CN¥13.3B	CN¥15.7B	CN¥17.6B
Accumulated other comprehensive income	CN¥304M	CN¥253M	CN¥214M	CN¥490M	CN¥690M	CN¥462M	CN¥331M	CN¥645M	CN¥541M	CN¥1.58B
Shareholders' equity	CN¥5.85B	CN¥10.3B	CN¥12.4B	CN¥13.7B	CN¥20B	CN¥20.8B	CN¥23.7B	CN¥25.6B	CN¥28.5B	CN¥31.8B
Debt
Total debt (incl. leases)	CN¥6.79B	CN¥8.65B	CN¥11.4B	CN¥13.4B	CN¥12.7B	CN¥13.3B	CN¥12.9B	CN¥13.9B	CN¥12B	CN¥23.1B
Net debt (debt - cash)	CN¥3.68B	CN¥5.26B	CN¥6.31B	CN¥6.28B	CN¥2.96B	CN¥3.08B	CN¥3.18B	CN¥2.37B	CN¥34.1M	CN¥11.2B

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