Montage Technology Co., Ltd. (MONTAGE) balance sheet

SHH · Technology · Semiconductors · 784 employees · CEO Chonghe Yang

Price: CN¥164.58 +3.97%
Market cap: CN¥188B
Enterprise value: CN¥173B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-23 EPS est. CN¥0.95

At the end of Q3 '26 Montage Technology Co., Ltd. (MONTAGE) held CN¥18.9B in cash and short-term investments against CN¥136M of debt incl. leases. Total assets CN¥24B, total liabilities CN¥1.66B, shareholders' equity CN¥22.2B.

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¥5.74B	CN¥5.72B	CN¥5.85B	CN¥6.24B	CN¥6.84B	CN¥7.17B	CN¥8.35B	CN¥8.9B	CN¥8.48B	CN¥14.6B	CN¥15.1B	CN¥15.8B
Short-term investments	CN¥1.7B	CN¥1.68B	CN¥1.51B	CN¥1.49B	CN¥1.78B	CN¥1.57B	CN¥667M	CN¥546M	CN¥823M	CN¥2.13B	CN¥2.92B	CN¥3.07B
Receivables	CN¥298M	CN¥223M	CN¥321M	CN¥265M	CN¥392M	CN¥469M	CN¥396M	CN¥573M	CN¥572M	CN¥624M	CN¥1.07B	CN¥537M
Inventory	CN¥482M	CN¥477M	CN¥401M	CN¥394M	CN¥352M	CN¥311M	CN¥401M	CN¥796M	CN¥896M	CN¥982M	CN¥996M	CN¥1.17B
Other current assets	CN¥65.6M	CN¥79.7M	CN¥74.9M	CN¥97.7M	CN¥86M	CN¥89.5M	CN¥94.3M	CN¥119M	CN¥1.16B	CN¥106M	CN¥0	CN¥115M
Current assets	CN¥8.3B	CN¥8.18B	CN¥8.11B	CN¥8.5B	CN¥9.46B	CN¥9.88B	CN¥10.1B	CN¥11B	CN¥11B	CN¥18.6B	CN¥20.3B	CN¥20.9B
Property, plant & equipment (net)	CN¥855M	CN¥905M	CN¥964M	CN¥1.06B	CN¥1.13B	CN¥1.13B	CN¥1.28B	CN¥1.29B	CN¥1.34B	CN¥1.41B	CN¥1.46B	CN¥1.51B
Long-term investments	CN¥1.21B	-CN¥1B	CN¥1.18B	CN¥703M	-CN¥1.08B	-CN¥856M	CN¥704M	CN¥1.06B	CN¥1.08B	CN¥1.38B	CN¥1.03B	CN¥1.14B
Intangible assets	CN¥137M	CN¥131M	CN¥126M	CN¥123M	CN¥134M	CN¥127M	CN¥121M	CN¥120M	CN¥113M	CN¥110M	CN¥105M	CN¥101M
Deferred tax assets	CN¥90.6M	CN¥89.2M	CN¥87.4M	CN¥81.4M	CN¥83.1M	CN¥94.1M	CN¥79.6M	CN¥90.5M	CN¥43.3M	CN¥47.1M	CN¥68.1M	CN¥45.8M
Other non-current assets	CN¥112M	CN¥2.4B	CN¥193M	CN¥713M	CN¥2.48B	CN¥2.29B	CN¥577M	CN¥230M	CN¥1.52B	CN¥147M	CN¥222M	CN¥290M
Non-current assets	CN¥2.4B	CN¥2.52B	CN¥2.56B	CN¥2.69B	CN¥2.76B	CN¥2.78B	CN¥2.76B	CN¥2.79B	CN¥2.71B	CN¥3.09B	CN¥2.89B	CN¥3.09B
Total assets	CN¥10.7B	CN¥10.7B	CN¥10.7B	CN¥11.2B	CN¥12.2B	CN¥12.7B	CN¥12.9B	CN¥13.8B	CN¥13.7B	CN¥21.7B	CN¥23.2B	CN¥24B
Liabilities
Accounts payable	CN¥131M	CN¥171M	CN¥115M	CN¥159M	CN¥211M	CN¥204M	CN¥145M	CN¥305M	CN¥208M	CN¥247M	CN¥330M	CN¥382M
Accrued expenses	CN¥0	CN¥115M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥173M	CN¥0	CN¥0	CN¥288M	CN¥265M
Short-term debt	CN¥13.3M	CN¥0	CN¥10.9M	CN¥12.6M	CN¥16M	CN¥15.8M	CN¥15.9M	CN¥15.7M	CN¥14.8M	CN¥16.5M	CN¥20.8M	CN¥18M
Taxes payable	CN¥18.2M	CN¥35.2M	CN¥54.8M	CN¥71.6M	CN¥63.9M	CN¥90.6M	CN¥111M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Deferred revenue	CN¥1.71M	CN¥3.59M	CN¥10.5M	CN¥3.34M	CN¥0	CN¥0	CN¥0	CN¥27M	CN¥126K	CN¥0	CN¥88.8K	CN¥2.03M
Other current liabilities	CN¥227M	CN¥28.7M	CN¥10.5M	CN¥15.9M	CN¥38.1M	CN¥15.9M	CN¥29.9M	CN¥311M	CN¥14.9M	CN¥340M	CN¥690M	CN¥510M
Current liabilities	CN¥391M	CN¥370M	CN¥378M	CN¥521M	CN¥680M	CN¥527M	CN¥592M	CN¥961M	CN¥770M	CN¥754M	CN¥1.49B	CN¥1.44B
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥48.8M	CN¥107M	CN¥107M
Lease obligations (non-current)	CN¥2.2M	CN¥18.8M	CN¥24.7M	CN¥25.3M	CN¥28.8M	CN¥26M	CN¥24.9M	CN¥22.5M	CN¥19.4M	CN¥17.7M	CN¥14.5M	CN¥11.3M
Deferred revenue (non-current)	CN¥92.4M	CN¥99.4M	CN¥83.3M	CN¥87.5M	CN¥92M	CN¥105M	CN¥90.8M	CN¥94.3M	CN¥78.9M	CN¥78.3M	CN¥0	CN¥81M
Deferred tax liabilities	CN¥5.17M	CN¥5.08M	CN¥4.95M	CN¥1.51M	CN¥2.11M	CN¥3.48M	CN¥3M	CN¥9.51M	CN¥9.1M	CN¥6.7M	CN¥59.1M	CN¥15.3M
Other non-current liabilities	CN¥0	CN¥0	-CN¥83.3M	CN¥0	CN¥19.6M	CN¥62.6M	CN¥108M	CN¥407M	CN¥0	CN¥0	CN¥0	CN¥0
Non-current liabilities	CN¥99.7M	CN¥123M	CN¥29.7M	CN¥114M	CN¥143M	CN¥197M	CN¥227M	CN¥533M	CN¥107M	CN¥152M	CN¥181M	CN¥215M
Total liabilities	CN¥491M	CN¥493M	CN¥491M	CN¥635M	CN¥822M	CN¥724M	CN¥819M	CN¥1.49B	CN¥877M	CN¥905M	CN¥1.68B	CN¥1.66B
Equity
Common stock & paid-in capital	CN¥1.14B	CN¥1.14B	CN¥1.14B	CN¥1.14B	CN¥1.14B	CN¥1.14B	CN¥1.14B	CN¥1.15B	CN¥1.15B	CN¥1.22B	CN¥1.22B	CN¥1.22B
Retained earnings	CN¥3.48B	CN¥3.7B	CN¥3.73B	CN¥4.12B	CN¥4.52B	CN¥5.04B	CN¥5.23B	CN¥5.48B	CN¥6.02B	CN¥6.87B	CN¥7.54B	CN¥8.54B
Accumulated other comprehensive income	CN¥1.09B	CN¥5.96B	CN¥1.15B	CN¥5.95B	CN¥1.23B	CN¥6.21B	CN¥1.31B	CN¥6.26B	CN¥1.64B	CN¥13.6B	CN¥1.65B	CN¥13.4B
Shareholders' equity	CN¥10.2B	CN¥10.2B	CN¥10.2B	CN¥10.5B	CN¥11.4B	CN¥12B	CN¥12.1B	CN¥12.3B	CN¥12.9B	CN¥20.8B	CN¥21.5B	CN¥22.2B
Debt
Total debt (incl. leases)	CN¥15.5M	CN¥35.4M	CN¥35.6M	CN¥25.3M	CN¥28.8M	CN¥26M	CN¥24.9M	CN¥38.2M	CN¥19.4M	CN¥83M	CN¥142M	CN¥136M
Net debt (debt - cash)	-CN¥5.73B	-CN¥5.69B	-CN¥5.82B	-CN¥6.22B	-CN¥6.81B	-CN¥7.15B	-CN¥8.33B	-CN¥8.86B	-CN¥8.46B	-CN¥14.5B	-CN¥15B	-CN¥15.7B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥454M	CN¥688M	CN¥3.68B	CN¥7.26B	CN¥5.47B	CN¥5.1B	CN¥5.87B	CN¥5.74B	CN¥6.84B	CN¥8.48B
Short-term investments	CN¥0	CN¥0	CN¥0	CN¥101M	CN¥871M	CN¥1.56B	CN¥1.61B	CN¥1.7B	CN¥1.78B	CN¥823M
Receivables	CN¥58.8M	CN¥373M	CN¥271M	CN¥137M	CN¥117M	CN¥201M	CN¥326M	CN¥298M	CN¥392M	CN¥572M
Inventory	CN¥256M	CN¥133M	CN¥121M	CN¥157M	CN¥187M	CN¥375M	CN¥738M	CN¥482M	CN¥352M	CN¥896M
Other current assets	CN¥286M	CN¥257M	CN¥44.7M	CN¥25.6M	CN¥9.39M	CN¥4	CN¥23.2M	CN¥55.7M	CN¥86M	CN¥110M
Current assets	CN¥1.08B	CN¥1.43B	CN¥4.09B	CN¥7.68B	CN¥6.66B	CN¥7.42B	CN¥8.64B	CN¥8.3B	CN¥9.46B	CN¥11B
Property, plant & equipment (net)	CN¥12.2M	CN¥7.32M	CN¥26.5M	CN¥28.6M	CN¥986M	CN¥1.05B	CN¥597M	CN¥849M	CN¥1.13B	CN¥1.34B
Long-term investments	CN¥0	CN¥0	CN¥0	CN¥0	-CN¥350M	-CN¥1.27B	-CN¥1B	CN¥1.21B	-CN¥1.08B	CN¥1.08B
Intangible assets	CN¥17.9M	CN¥20.8M	CN¥26M	CN¥16.2M	CN¥10.2M	CN¥125M	CN¥131M	CN¥137M	CN¥134M	CN¥113M
Deferred tax assets	CN¥10.8M	CN¥17M	CN¥39.9M	CN¥54.5M	CN¥43.1M	CN¥64.5M	CN¥92.4M	CN¥90.6M	CN¥83.1M	CN¥43.3M
Other non-current assets	CN¥2M	CN¥3.34M	CN¥1.7M	CN¥2.63M	CN¥1.07B	CN¥1.57B	CN¥2.23B	CN¥118M	CN¥2.48B	CN¥137M
Non-current assets	CN¥42.9M	CN¥48.5M	CN¥94.1M	CN¥102M	CN¥1.76B	CN¥1.54B	CN¥2.05B	CN¥2.4B	CN¥2.76B	CN¥2.71B
Total assets	CN¥1.12B	CN¥1.47B	CN¥4.18B	CN¥7.78B	CN¥8.42B	CN¥8.96B	CN¥10.7B	CN¥10.7B	CN¥12.2B	CN¥13.7B
Liabilities
Accounts payable	CN¥112M	CN¥107M	CN¥74.4M	CN¥91.3M	CN¥85.8M	CN¥207M	CN¥197M	CN¥131M	CN¥211M	CN¥208M
Short-term debt	CN¥0	CN¥0	CN¥0	CN¥0	CN¥10.2M	CN¥13.2M	CN¥11.9M	CN¥13.3M	CN¥16M	CN¥14.8M
Taxes payable	CN¥11.3M	CN¥16.5M	CN¥47.4M	CN¥23.6M	CN¥19.3M	CN¥83.7M	CN¥134M	CN¥18.2M	CN¥63.9M	CN¥0
Deferred revenue	CN¥29.4M	CN¥56.1M	CN¥0	CN¥3.18M	CN¥1.03M	CN¥0	CN¥22.9M	CN¥0	CN¥0	CN¥0
Other current liabilities	CN¥103M	CN¥148M	CN¥306M	CN¥163M	CN¥134M	CN¥151M	CN¥291M	CN¥229M	CN¥413M	CN¥126K
Current liabilities	CN¥220M	CN¥268M	CN¥427M	CN¥280M	CN¥247M	CN¥437M	CN¥639M	CN¥391M	CN¥680M	CN¥770M
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥0	CN¥14.6M	CN¥19.6M	CN¥8.82M	CN¥2.2M	CN¥28.8M	CN¥19.4M
Deferred revenue (non-current)	CN¥18.1M	CN¥19.8M	CN¥138M	CN¥171M	CN¥72.7M	CN¥91.3M	CN¥87.7M	CN¥92.4M	CN¥92M	CN¥78.9M
Deferred tax liabilities	CN¥0	CN¥0	CN¥0	CN¥0	CN¥40.1M	CN¥19.6M	CN¥22.8M	CN¥5.17M	CN¥2.11M	CN¥9.1M
Other non-current liabilities	CN¥0	CN¥0	CN¥0	CN¥0	-CN¥14.6M	CN¥0	CN¥0	CN¥0	CN¥19.6M	CN¥0
Non-current liabilities	CN¥18.1M	CN¥19.8M	CN¥138M	CN¥171M	CN¥113M	CN¥131M	CN¥119M	CN¥99.7M	CN¥143M	CN¥107M
Total liabilities	CN¥238M	CN¥288M	CN¥565M	CN¥451M	CN¥349M	CN¥568M	CN¥759M	CN¥491M	CN¥822M	CN¥877M
Equity
Common stock & paid-in capital	CN¥757M	CN¥757M	CN¥1.02B	CN¥1.13B	CN¥1.13B	CN¥1.13B	CN¥1.13B	CN¥1.14B	CN¥1.14B	CN¥1.15B
Retained earnings	-CN¥17.1M	CN¥312M	CN¥664M	CN¥1.31B	CN¥2.02B	CN¥2.46B	CN¥3.39B	CN¥3.48B	CN¥4.52B	CN¥6.02B
Accumulated other comprehensive income	CN¥143M	CN¥118M	CN¥1.93B	CN¥194M	-CN¥120M	-CN¥200M	CN¥893M	CN¥1.09B	CN¥1.23B	CN¥1.64B
Shareholders' equity	CN¥883M	CN¥1.19B	CN¥3.62B	CN¥7.33B	CN¥8.07B	CN¥8.39B	CN¥9.91B	CN¥10.2B	CN¥11.4B	CN¥12.9B
Debt
Total debt (incl. leases)	CN¥0	CN¥0	CN¥0	CN¥0	CN¥24.7M	CN¥32.9M	CN¥20.7M	CN¥15.5M	CN¥28.8M	CN¥19.4M
Net debt (debt - cash)	-CN¥454M	-CN¥688M	-CN¥3.68B	-CN¥7.26B	-CN¥5.45B	-CN¥5.07B	-CN¥5.85B	-CN¥5.73B	-CN¥6.81B	-CN¥8.46B

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