Jiangsu Lettall Electronic Co., Ltd. (LETTALL) balance sheet

SHH · Technology · Hardware, Equipment & Parts · 2,006 employees · CEO Qiang Li

Price: CN¥64.55 -7.00%
Market cap: CN¥23.7B
Enterprise value: CN¥23.3B
Last report: Q2 '26 filed 2026-06-30

At the end of Q2 '26 Jiangsu Lettall Electronic Co., Ltd. (LETTALL) held CN¥2.55B in cash and short-term investments against CN¥2.17B of debt incl. leases. Total assets CN¥8.32B, total liabilities CN¥5.68B, shareholders' equity CN¥2.64B.

Balance sheet

Balance sheet	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Assets
Cash & equivalents	CN¥654M	CN¥664M	CN¥1.34B	CN¥657M	CN¥456M	CN¥369M	CN¥404M	CN¥372M	CN¥560M	CN¥460M	CN¥1.24B	CN¥2.55B
Short-term investments	CN¥178M	CN¥50M	CN¥92.2M	CN¥0	CN¥663K	CN¥4.49M	CN¥4.49M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Receivables	CN¥779M	CN¥784M	CN¥658M	CN¥687M	CN¥954M	CN¥1B	CN¥959M	CN¥1.09B	CN¥1.25B	CN¥1.29B	CN¥1.15B	CN¥1.06B
Inventory	CN¥378M	CN¥389M	CN¥330M	CN¥346M	CN¥382M	CN¥379M	CN¥394M	CN¥411M	CN¥411M	CN¥662M	CN¥2.72B	CN¥720M
Other current assets	CN¥296M	CN¥138M	CN¥16.2M	CN¥371M	CN¥39.6M	CN¥82.4M	CN¥81.7M	CN¥106M	CN¥145M	CN¥160M	CN¥392M	CN¥71.1M
Current assets	CN¥2.27B	CN¥2.01B	CN¥3.01B	CN¥2.03B	CN¥1.92B	CN¥2.06B	CN¥2.04B	CN¥2.16B	CN¥2.58B	CN¥2.62B	CN¥5.57B	CN¥4.94B
Property, plant & equipment (net)	CN¥833M	CN¥1.24B	CN¥1.21B	CN¥2.33B	CN¥1.94B	CN¥2.92B	CN¥2.88B	CN¥2.71B	CN¥2.94B	CN¥3.16B	CN¥2.97B	CN¥2.78B
Long-term investments	-CN¥112M	CN¥22.5M	-CN¥20.9M	CN¥75.3M	CN¥69.9M	CN¥77.4M	CN¥76.2M	CN¥80.3M	CN¥164M	CN¥141M	CN¥132M	CN¥220M
Goodwill	CN¥33.9M	CN¥33.9M	CN¥33.9M	CN¥33.9M	CN¥33.9M	CN¥33.8M	CN¥33.8M	CN¥33.8M	CN¥33.8M	CN¥33.8M	CN¥33.8M	CN¥33.8M
Intangible assets	CN¥63.9M	CN¥64.1M	CN¥63.5M	CN¥65.3M	CN¥66.6M	CN¥66.1M	CN¥65.5M	CN¥65M	CN¥67.5M	CN¥67.3M	CN¥66.5M	CN¥65.7M
Deferred tax assets	CN¥21.9M	CN¥14.5M	CN¥16.2M	CN¥19.9M	CN¥24M	CN¥35.7M	CN¥38.3M	CN¥35.3M	CN¥34.5M	CN¥43.2M	CN¥70.7M	CN¥114M
Other non-current assets	CN¥193M	CN¥250M	CN¥407M	CN¥1.25B	CN¥2B	CN¥745M	CN¥863M	CN¥732M	CN¥407M	CN¥372M	CN¥195M	CN¥165M
Non-current assets	CN¥1.03B	CN¥1.63B	CN¥1.71B	CN¥3.78B	CN¥4.13B	CN¥3.88B	CN¥3.95B	CN¥3.66B	CN¥3.64B	CN¥3.68B	CN¥3.47B	CN¥3.38B
Total assets	CN¥3.3B	CN¥3.63B	CN¥4.72B	CN¥5.81B	CN¥6.05B	CN¥5.93B	CN¥5.99B	CN¥5.82B	CN¥6.23B	CN¥6.3B	CN¥9.04B	CN¥8.32B
Liabilities
Accounts payable	CN¥809M	CN¥513M	CN¥513M	CN¥365M	CN¥215M	CN¥590M	CN¥709M	CN¥610M	CN¥633M	CN¥912M	CN¥722M	CN¥637M
Accrued expenses	CN¥14.1M	CN¥16.6M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥21.9M	CN¥0	CN¥0	CN¥0
Short-term debt	CN¥728M	CN¥711M	CN¥878M	CN¥1.32B	CN¥807M	CN¥1.01B	CN¥965M	CN¥1.08B	CN¥1.84B	CN¥1.23B	CN¥1.16B	CN¥1.15B
Taxes payable	CN¥13.5M	CN¥10.3M	CN¥26M	CN¥5.8M	CN¥13.5M	CN¥46.1M	CN¥47.8M	CN¥26M	CN¥0	CN¥62.8M	CN¥91.8M	CN¥128M
Deferred revenue	CN¥32.1M	CN¥89.3M	CN¥1.09B	CN¥1.1B	CN¥1.08B	CN¥0	CN¥0	CN¥0	CN¥117M	CN¥0	CN¥0	CN¥0
Other current liabilities	CN¥19.6M	CN¥105M	CN¥1.19B	CN¥697M	CN¥710M	CN¥604M	CN¥656M	CN¥585M	CN¥258M	CN¥732M	CN¥3.18B	CN¥2.41B
Current liabilities	CN¥1.57B	CN¥1.43B	CN¥2.58B	CN¥3.04B	CN¥3.12B	CN¥2.33B	CN¥2.45B	CN¥2.36B	CN¥2.9B	CN¥3.05B	CN¥5.23B	CN¥4.5B
Long-term debt	CN¥40M	CN¥40M	CN¥40M	CN¥40M	CN¥101M	CN¥90M	CN¥116M	CN¥165M	CN¥200M	CN¥174M	CN¥618M	CN¥550M
Lease obligations (non-current)	CN¥1.55M	CN¥85.6M	CN¥87.3M	CN¥645M	CN¥760M	CN¥967M	CN¥860M	CN¥728M	CN¥688M	CN¥862M	CN¥696M	CN¥470M
Deferred revenue (non-current)	CN¥10.6M	CN¥8.89M	CN¥8.02M	CN¥311M	CN¥19.8M	CN¥33.2M	CN¥31.6M	CN¥30.1M	CN¥28.2M	CN¥28.7M	CN¥26.6M	CN¥24.4M
Deferred tax liabilities	CN¥61.2K	CN¥50.2K	CN¥37.4K	CN¥24.7K	CN¥11.9K	CN¥6.67M	CN¥6.64M	CN¥8.64M	CN¥14.5M	CN¥9.53M	CN¥9.03M	CN¥13.9M
Other non-current liabilities	CN¥0	CN¥390M	CN¥322M	CN¥121M	CN¥385M	CN¥843M	CN¥827M	CN¥798M	CN¥517M	CN¥229M	CN¥202M	CN¥125M
Non-current liabilities	CN¥52.3M	CN¥524M	CN¥457M	CN¥1.1B	CN¥1.27B	CN¥1.94B	CN¥1.84B	CN¥1.73B	CN¥1.45B	CN¥1.3B	CN¥1.55B	CN¥1.18B
Total liabilities	CN¥1.62B	CN¥1.96B	CN¥3.04B	CN¥4.13B	CN¥4.39B	CN¥4.27B	CN¥4.29B	CN¥4.09B	CN¥4.35B	CN¥4.35B	CN¥6.79B	CN¥5.68B
Equity
Common stock & paid-in capital	CN¥255M	CN¥259M	CN¥259M	CN¥259M	CN¥260M	CN¥260M	CN¥260M	CN¥260M	CN¥260M	CN¥262M	CN¥262M	CN¥262M
Retained earnings	CN¥312M	CN¥313M	CN¥347M	CN¥332M	CN¥343M	CN¥312M	CN¥341M	CN¥350M	CN¥494M	CN¥563M	CN¥835M	CN¥1.17B
Accumulated other comprehensive income	CN¥1.06B	CN¥4.49M	CN¥1.96M	CN¥94.7M	CN¥1.14B	CN¥123M	CN¥1.18B	CN¥131M	CN¥1.19B	CN¥74.8M	CN¥1.24B	CN¥141M
Shareholders' equity	CN¥1.62B	CN¥1.65B	CN¥1.65B	CN¥1.66B	CN¥1.66B	CN¥1.66B	CN¥1.69B	CN¥1.72B	CN¥1.87B	CN¥1.95B	CN¥2.24B	CN¥2.64B
Debt
Total debt (incl. leases)	CN¥771M	CN¥846M	CN¥1.01B	CN¥2.01B	CN¥1.67B	CN¥2.07B	CN¥1.94B	CN¥1.98B	CN¥2.73B	CN¥2.27B	CN¥2.48B	CN¥2.17B
Net debt (debt - cash)	CN¥117M	CN¥182M	-CN¥327M	CN¥1.35B	CN¥1.21B	CN¥1.7B	CN¥1.54B	CN¥1.6B	CN¥2.17B	CN¥1.81B	CN¥1.24B	-CN¥380M

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥142M	CN¥164M	CN¥537M	CN¥204M	CN¥113M	CN¥705M	CN¥400M	CN¥664M	CN¥369M	CN¥460M
Short-term investments	CN¥0	CN¥0	CN¥0	CN¥65M	CN¥0	CN¥0	CN¥0	CN¥50M	CN¥4.49M	CN¥0
Receivables	CN¥537M	CN¥680M	CN¥628M	CN¥0	CN¥1.09B	CN¥1.11B	CN¥1.13B	CN¥765M	CN¥1B	CN¥1.29B
Inventory	CN¥256M	CN¥274M	CN¥342M	CN¥0	CN¥328M	CN¥383M	CN¥389M	CN¥389M	CN¥379M	CN¥662M
Other current assets	CN¥44.1M	CN¥2.05M	CN¥72.7M	CN¥0	CN¥90.4M	CN¥80.5M	CN¥72.1M	CN¥138M	CN¥82.4M	CN¥160M
Current assets	CN¥975M	CN¥1.15B	CN¥1.58B	CN¥1.55B	CN¥1.62B	CN¥2.28B	CN¥1.99B	CN¥2.01B	CN¥2.06B	CN¥2.62B
Property, plant & equipment (net)	CN¥210M	CN¥260M	CN¥288M	CN¥378M	CN¥464M	CN¥667M	CN¥684M	CN¥1.24B	CN¥2.92B	CN¥3.16B
Long-term investments	CN¥996K	CN¥657K	CN¥0	CN¥3.75M	CN¥20.3M	CN¥57.8M	CN¥82M	CN¥22.5M	CN¥77.4M	CN¥141M
Goodwill	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥34M	CN¥33.9M	CN¥33.9M	CN¥33.8M	CN¥33.8M
Intangible assets	CN¥19.7M	CN¥45.2M	CN¥50.9M	CN¥57.4M	CN¥73.9M	CN¥68.8M	CN¥64.5M	CN¥64.1M	CN¥66.1M	CN¥67.3M
Deferred tax assets	CN¥5.48M	CN¥6.05M	CN¥6.59M	CN¥9.16M	CN¥15.1M	CN¥23.6M	CN¥21.4M	CN¥14.5M	CN¥35.7M	CN¥43.2M
Other non-current assets	CN¥18.5M	CN¥11.8M	CN¥318K	CN¥2.39M	CN¥5.15M	CN¥6.81M	CN¥2.07M	CN¥250M	CN¥745M	CN¥231M
Non-current assets	CN¥254M	CN¥324M	CN¥346M	CN¥451M	CN¥579M	CN¥858M	CN¥888M	CN¥1.63B	CN¥3.88B	CN¥3.68B
Total assets	CN¥1.23B	CN¥1.48B	CN¥1.93B	CN¥2B	CN¥2.2B	CN¥3.14B	CN¥2.88B	CN¥3.63B	CN¥5.93B	CN¥6.3B
Liabilities
Accounts payable	CN¥469M	CN¥671M	CN¥569M	CN¥626M	CN¥727M	CN¥765M	CN¥761M	CN¥513M	CN¥590M	CN¥912M
Accrued expenses	CN¥0	CN¥0	CN¥29.2M	CN¥0	CN¥0	CN¥0	CN¥31.4M	CN¥16.6M	CN¥0	CN¥0
Short-term debt	CN¥356M	CN¥315M	CN¥350M	CN¥321M	CN¥376M	CN¥731M	CN¥397M	CN¥720M	CN¥1.01B	CN¥1.23B
Taxes payable	CN¥16.1M	CN¥18.6M	CN¥7.99M	CN¥5.3M	CN¥15.5M	CN¥18.5M	CN¥20M	CN¥10.3M	CN¥46.1M	CN¥62.8M
Deferred revenue	CN¥56.5M	CN¥53M	CN¥7.99M	CN¥23.2M	CN¥29.4M	CN¥34.4M	CN¥842K	CN¥88.8M	CN¥0	CN¥0
Other current liabilities	CN¥57M	CN¥53.3M	CN¥18.3M	CN¥61.7M	CN¥49.1M	CN¥5.78K	CN¥31.4M	CN¥86.2M	CN¥604M	CN¥732M
Current liabilities	CN¥882M	CN¥1.04B	CN¥974M	CN¥1.01B	CN¥1.15B	CN¥1.53B	CN¥1.22B	CN¥1.43B	CN¥2.33B	CN¥3.05B
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥481K	CN¥0	CN¥0	CN¥0	CN¥40M	CN¥90M	CN¥174M
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥0	CN¥7.53M	CN¥6.85M	CN¥2.28M	CN¥85.6M	CN¥967M	CN¥862M
Deferred revenue (non-current)	CN¥0	CN¥1.45M	CN¥2.71M	CN¥6.32M	CN¥28.8M	CN¥21.2M	CN¥15.3M	CN¥8.89M	CN¥33.2M	CN¥28.7M
Deferred tax liabilities	CN¥0	CN¥0	-CN¥2.71M	-CN¥6.32M	CN¥0	CN¥397K	CN¥101K	CN¥50.2K	CN¥6.67M	CN¥9.53M
Other non-current liabilities	CN¥0	CN¥0	CN¥2.31M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥390M	CN¥843M	CN¥229M
Non-current liabilities	CN¥0	CN¥1.45M	CN¥5.01M	CN¥6.8M	CN¥28.8M	CN¥28.4M	CN¥17.7M	CN¥524M	CN¥1.94B	CN¥1.3B
Total liabilities	CN¥882M	CN¥1.04B	CN¥979M	CN¥1.02B	CN¥1.18B	CN¥1.56B	CN¥1.24B	CN¥1.96B	CN¥4.27B	CN¥4.35B
Equity
Common stock & paid-in capital	CN¥75M	CN¥75M	CN¥100M	CN¥100M	CN¥100M	CN¥130M	CN¥182M	CN¥259M	CN¥260M	CN¥262M
Retained earnings	CN¥20.2M	CN¥99.9M	CN¥184M	CN¥214M	CN¥237M	CN¥289M	CN¥325M	CN¥313M	CN¥312M	CN¥563M
Accumulated other comprehensive income	CN¥252M	CN¥261M	CN¥22.7M	CN¥27.6M	CN¥30.9M	CN¥36.3M	CN¥54.9M	CN¥0	CN¥31.9M	-CN¥27.2M
Shareholders' equity	CN¥348M	CN¥436M	CN¥947M	CN¥982M	CN¥1.01B	CN¥1.58B	CN¥1.63B	CN¥1.65B	CN¥1.66B	CN¥1.95B
Debt
Total debt (incl. leases)	CN¥356M	CN¥315M	CN¥352M	CN¥323M	CN¥376M	CN¥738M	CN¥402M	CN¥855M	CN¥2.07B	CN¥2.27B
Net debt (debt - cash)	CN¥213M	CN¥150M	-CN¥186M	CN¥118M	CN¥264M	CN¥33.3M	CN¥2.8M	CN¥191M	CN¥1.7B	CN¥1.81B

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