Hygon Information Technology Co., Ltd. (HYGON) balance sheet

SHH · Technology · Computer Hardware · 3,333 employees · CEO Chao Qun Sha

Price: CN¥170.20 -8.44%
Market cap: CN¥396B
Enterprise value: CN¥395B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-15 EPS est. CN¥0.51

At the end of Q3 '26 Hygon Information Technology Co., Ltd. (HYGON) held CN¥7.68B in cash and short-term investments against CN¥7.16B of debt incl. leases. Total assets CN¥40.7B, total liabilities CN¥10.2B, shareholders' equity CN¥26.4B.

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¥10.3B	CN¥10.1B	CN¥7.44B	CN¥9.04B	CN¥1.2B	CN¥7.46B	CN¥939M	CN¥5.89B	CN¥1.27B	CN¥1.14B	CN¥7.33B	CN¥7.68B
Short-term investments	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥2.9B	CN¥221M	CN¥0	CN¥1.82B	CN¥0	CN¥3.42B	CN¥0
Receivables	CN¥1.52B	CN¥1.28B	CN¥1.51B	CN¥1B	CN¥369M	CN¥296M	CN¥472M	CN¥4.31B	CN¥704M	CN¥569M	CN¥4.06B	CN¥6.07B
Inventory	CN¥1.07B	CN¥1.71B	CN¥2.46B	CN¥3.9B	CN¥5.43B	CN¥5.79B	CN¥6.01B	CN¥6.5B	CN¥6.41B	CN¥7.33B	CN¥7.52B	CN¥8.92B
Other current assets	CN¥2.51B	CN¥2.82B	CN¥3.38B	CN¥2.64B	-CN¥5.75B	-CN¥15.3B	-CN¥6.75B	CN¥5.64B	-CN¥7.94B	CN¥12.2B	CN¥109M	CN¥4.77B
Current assets	CN¥15.4B	CN¥16B	CN¥14.8B	CN¥16.6B	CN¥2.49B	CN¥2.8B	CN¥2.96B	CN¥22.3B	CN¥3.58B	CN¥24.7B	CN¥27.2B	CN¥33.3B
Property, plant & equipment (net)	CN¥400M	CN¥371M	CN¥454M	CN¥517M	CN¥639M	CN¥629M	CN¥606M	CN¥784M	CN¥889M	CN¥965M	CN¥1.19B	CN¥1.28B
Long-term investments	CN¥1.28B	CN¥20M	CN¥3.36B	CN¥20M	CN¥605M	CN¥2.75M	CN¥825M	CN¥43.4M	CN¥792M	CN¥4.59M	CN¥3.92B	CN¥630M
Intangible assets	CN¥4.44B	CN¥4.21B	CN¥4.22B	CN¥4.43B	CN¥600M	CN¥559M	CN¥521M	CN¥3.22B	CN¥486M	CN¥464M	CN¥2.97B	CN¥2.64B
Deferred tax assets	CN¥0	CN¥0	CN¥0	CN¥0	CN¥49.7M	CN¥49.5M	CN¥67M	CN¥0	CN¥124M	CN¥126M	CN¥142M	CN¥92.2M
Other non-current assets	CN¥1.34B	CN¥2.76B	CN¥1.51B	CN¥5.51B	-CN¥476M	CN¥222M	-CN¥475M	CN¥6.79B	-CN¥780M	CN¥8.97B	CN¥690M	CN¥2.72B
Non-current assets	CN¥7.47B	CN¥7.37B	CN¥9.55B	CN¥10.5B	CN¥1.42B	CN¥1.46B	CN¥1.54B	CN¥10.8B	CN¥1.51B	CN¥10.5B	CN¥8.91B	CN¥7.37B
Total assets	CN¥22.9B	CN¥23.3B	CN¥24.3B	CN¥27.1B	CN¥3.91B	CN¥4.26B	CN¥4.5B	CN¥33.2B	CN¥5.09B	CN¥35.2B	CN¥36.1B	CN¥40.7B
Liabilities
Accounts payable	CN¥322M	CN¥397M	CN¥830M	CN¥649M	CN¥101M	CN¥84.4M	CN¥111M	CN¥1B	CN¥159M	CN¥178M	CN¥895M	CN¥960M
Accrued expenses	CN¥648M	CN¥352M	CN¥529M	CN¥530M	CN¥0	CN¥0	CN¥0	CN¥764M	CN¥0	CN¥0	CN¥637M	CN¥929M
Short-term debt	CN¥371M	CN¥373M	CN¥401M	CN¥2.23B	CN¥263M	CN¥250M	CN¥321M	CN¥1.92B	CN¥555M	CN¥3.48B	CN¥3.93B	CN¥5B
Taxes payable	CN¥0	CN¥0	CN¥0	CN¥0	CN¥107M	CN¥92.8M	CN¥114M	CN¥0	CN¥152M	CN¥162M	CN¥0	CN¥0
Deferred revenue	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥19.4M	CN¥11.9M
Other current liabilities	CN¥30.1M	CN¥113M	CN¥29.7M	CN¥69.2M	CN¥237M	CN¥522M	CN¥536M	CN¥2.96B	CN¥7.6B	CN¥3.24B	CN¥154M	CN¥101M
Current liabilities	CN¥1.39B	CN¥1.24B	CN¥1.82B	CN¥3.47B	CN¥601M	CN¥856M	CN¥971M	CN¥6.65B	CN¥8.31B	CN¥6.92B	CN¥5.64B	CN¥7.29B
Long-term debt	CN¥859M	CN¥998M	CN¥998M	CN¥999M	CN¥899M	CN¥96.1M	CN¥69.7M	CN¥500M	CN¥71.5M	CN¥200M	CN¥398M	CN¥2.08B
Lease obligations (non-current)	CN¥31M	CN¥24.7M	CN¥20.8M	CN¥76.6M	CN¥81.1M	CN¥12.7M	CN¥12M	CN¥81.6M	CN¥11.5M	CN¥83M	CN¥81.1M	CN¥75.7M
Deferred revenue (non-current)	CN¥0	CN¥0	CN¥0	CN¥0	CN¥515M	CN¥561M	CN¥0	CN¥0	CN¥775M	CN¥815M	CN¥781M	CN¥717M
Deferred tax liabilities	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥4.27M	CN¥264K	CN¥20M	CN¥377K
Other non-current liabilities	CN¥298M	CN¥290M	CN¥296M	CN¥492M	CN¥24.1M	CN¥28.7M	CN¥111M	CN¥771M	CN¥775M	CN¥0	CN¥0	CN¥0
Non-current liabilities	CN¥1.19B	CN¥1.31B	CN¥1.32B	CN¥1.57B	CN¥1.52B	CN¥190M	CN¥193M	CN¥1.35B	CN¥1.36B	CN¥1.1B	CN¥1.28B	CN¥2.87B
Total liabilities	CN¥2.58B	CN¥2.55B	CN¥3.13B	CN¥5.04B	CN¥809M	CN¥1.05B	CN¥1.16B	CN¥8B	CN¥9.67B	CN¥8.02B	CN¥6.92B	CN¥10.2B
Equity
Common stock & paid-in capital	CN¥2.32B	CN¥2.32B	CN¥2.32B	CN¥2.32B	CN¥318M	CN¥319M	CN¥324M	CN¥2.32B	CN¥332M	CN¥2.32B	CN¥2.32B	CN¥2.32B
Retained earnings	CN¥2.06B	CN¥2.35B	CN¥2.66B	CN¥3.33B	CN¥498M	CN¥582M	CN¥633M	CN¥5.3B	CN¥812M	CN¥6.19B	CN¥6.96B	CN¥8.01B
Accumulated other comprehensive income	CN¥0	CN¥0	CN¥0	CN¥0	CN¥188M	CN¥0	CN¥0	CN¥0	CN¥1.49M	CN¥0	CN¥3.17B	CN¥16.4B
Shareholders' equity	CN¥18.7B	CN¥19B	CN¥19.2B	CN¥19.8B	CN¥2.77B	CN¥2.85B	CN¥2.94B	CN¥21.9B	CN¥3.22B	CN¥23.5B	CN¥25.4B	CN¥26.4B
Debt
Total debt (incl. leases)	CN¥1.29B	CN¥1.4B	CN¥1.45B	CN¥3.3B	CN¥397M	CN¥359M	CN¥406M	CN¥2.51B	CN¥638M	CN¥3.77B	CN¥4.41B	CN¥7.16B
Net debt (debt - cash)	-CN¥9.04B	-CN¥8.75B	-CN¥5.99B	-CN¥5.74B	-CN¥807M	-CN¥7.11B	-CN¥533M	-CN¥3.38B	-CN¥630M	CN¥2.63B	-CN¥2.92B	-CN¥519M

Balance sheet	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥415M	CN¥39.6M	CN¥1.51B	CN¥1.96B	CN¥11.2B	CN¥1.46B	CN¥1.2B	CN¥8.87B
Short-term investments	CN¥0	CN¥0	CN¥657M	CN¥0	CN¥220M	CN¥0	CN¥0	CN¥1.82B
Receivables	CN¥0	CN¥9.48M	CN¥418M	CN¥340M	CN¥1.25B	CN¥215M	CN¥369M	CN¥704M
Inventory	CN¥106M	CN¥141M	CN¥182M	CN¥1.12B	CN¥1.1B	CN¥1.07B	CN¥5.43B	CN¥6.41B
Other current assets	CN¥55.4M	CN¥107M	CN¥304M	CN¥446M	CN¥454M	-CN¥2.96B	-CN¥5.75B	CN¥4.39B
Current assets	CN¥577M	CN¥297M	CN¥3.07B	CN¥3.87B	CN¥14.9B	CN¥2.18B	CN¥2.49B	CN¥25.1B
Property, plant & equipment (net)	CN¥60.8M	CN¥92.1M	CN¥72.9M	CN¥156M	CN¥342M	CN¥400M	CN¥639M	CN¥889M
Long-term investments	CN¥0	CN¥0	CN¥204M	CN¥212M	CN¥0	CN¥181M	CN¥605M	CN¥5.54B
Intangible assets	CN¥3.78B	CN¥3.98B	CN¥4.55B	CN¥3.82B	CN¥4.77B	CN¥694M	CN¥600M	CN¥486M
Deferred tax assets	CN¥0	CN¥0	CN¥0	CN¥0	CN¥11.9M	CN¥14.6M	CN¥49.7M	CN¥124M
Other non-current assets	CN¥573M	CN¥1.32B	CN¥1.12B	CN¥2.4B	CN¥1.86B	-CN¥235M	-CN¥476M	CN¥3.53B
Non-current assets	CN¥4.41B	CN¥5.4B	CN¥5.95B	CN¥6.58B	CN¥6.99B	CN¥1.05B	CN¥1.42B	CN¥10.6B
Total assets	CN¥4.99B	CN¥5.69B	CN¥9.02B	CN¥10.5B	CN¥21.9B	CN¥3.23B	CN¥3.91B	CN¥35.6B
Liabilities
Accounts payable	CN¥249M	CN¥194M	CN¥221M	CN¥292M	CN¥342M	CN¥45.4M	CN¥101M	CN¥159M
Accrued expenses	CN¥66.3M	CN¥105M	CN¥239M	CN¥328M	CN¥0	CN¥0	CN¥0	CN¥0
Short-term debt	CN¥1.4M	CN¥6.8M	CN¥632M	CN¥238M	CN¥200M	CN¥55.8M	CN¥263M	CN¥3.85B
Taxes payable	CN¥0	CN¥0	CN¥0	CN¥0	CN¥92.2M	CN¥156M	CN¥107M	CN¥152M
Other current liabilities	CN¥2.19M	CN¥179M	CN¥14M	CN¥686M	CN¥387M	CN¥95.7M	CN¥237M	CN¥4.27B
Current liabilities	CN¥319M	CN¥484M	CN¥1.11B	CN¥1.56B	CN¥1.37B	CN¥197M	CN¥601M	CN¥8.31B
Long-term debt	CN¥597M	CN¥591M	CN¥240M	CN¥541M	CN¥480M	CN¥859M	CN¥899M	CN¥500M
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥31.6M	CN¥46.6M	CN¥31M	CN¥81.1M	CN¥80.4M
Deferred revenue (non-current)	CN¥0	CN¥0	CN¥0	CN¥0	CN¥151M	CN¥278M	CN¥515M	CN¥775M
Deferred tax liabilities	CN¥0	CN¥0	CN¥0	CN¥0	CN¥3.01M	CN¥0	CN¥0	CN¥239K
Other non-current liabilities	CN¥1.11B	CN¥1.77B	CN¥2.1B	CN¥2.06B	CN¥1.65B	CN¥19.9M	CN¥24.1M	CN¥0
Non-current liabilities	CN¥1.71B	CN¥2.36B	CN¥2.34B	CN¥2.63B	CN¥2.33B	CN¥1.19B	CN¥1.52B	CN¥1.36B
Total liabilities	CN¥2.02B	CN¥2.84B	CN¥3.44B	CN¥4.19B	CN¥3.7B	CN¥365M	CN¥809M	CN¥9.67B
Equity
Common stock & paid-in capital	CN¥1.78B	CN¥1.78B	CN¥2.02B	CN¥2.02B	CN¥2.32B	CN¥328M	CN¥318M	CN¥2.32B
Retained earnings	-CN¥156M	-CN¥220M	-CN¥241M	CN¥85.9M	CN¥879M	CN¥291M	CN¥498M	CN¥5.51B
Accumulated other comprehensive income	CN¥2.67M	-CN¥15.9M	CN¥2.38M	CN¥0	CN¥600M	CN¥0	CN¥188M	CN¥1.74B
Shareholders' equity	CN¥2.12B	CN¥2.06B	CN¥4.83B	CN¥5.4B	CN¥17.1B	CN¥2.64B	CN¥2.77B	CN¥22.5B
Debt
Total debt (incl. leases)	CN¥599M	CN¥598M	CN¥872M	CN¥827M	CN¥726M	CN¥181M	CN¥397M	CN¥4.46B
Net debt (debt - cash)	CN¥184M	CN¥559M	-CN¥638M	-CN¥1.13B	-CN¥10.5B	-CN¥1.28B	-CN¥807M	-CN¥4.41B

Standardised by Financial Modeling Prep 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: Financial Modeling Prep.

Data as of 2026-11-01