Shengyi Technology Co., Ltd. (SYTECH) balance sheet

SHH · Industrials · Electrical Equipment & Parts · 14,523 employees · CEO Honghui Zeng

Price: CN¥87.00 -7.56%
Market cap: CN¥211B
Enterprise value: CN¥220B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-03-30 EPS est. CN¥1.20

At the end of Q3 '26 Shengyi Technology Co., Ltd. (SYTECH) held CN¥9.38B in cash and short-term investments against CN¥13.3B of debt incl. leases. Total assets CN¥53.4B, total liabilities CN¥25.3B, shareholders' equity CN¥24B.

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¥2.77B	CN¥2.05B	CN¥1.8B	CN¥1.86B	CN¥2.02B	CN¥1.65B	CN¥1.7B	CN¥1.76B	CN¥1.74B	CN¥2.44B	CN¥2B	CN¥5.08B
Short-term investments	CN¥62.2M	CN¥60.8M	CN¥89M	CN¥82.7M	CN¥130M	CN¥131M	CN¥183M	CN¥196M	CN¥748M	CN¥1.44B	CN¥2.63B	CN¥4.3B
Receivables	CN¥6.53B	CN¥7.18B	CN¥8.2B	CN¥8.31B	CN¥9.04B	CN¥9.66B	CN¥10.2B	CN¥11.5B	CN¥11.1B	CN¥11.5B	CN¥14.4B	CN¥18.4B
Inventory	CN¥4.27B	CN¥4.39B	CN¥4.58B	CN¥4.95B	CN¥5.12B	CN¥5.6B	CN¥5.76B	CN¥5.81B	CN¥5.79B	CN¥6.64B	CN¥7.52B	CN¥9.39B
Other current assets	CN¥419M	CN¥340M	CN¥3.02M	CN¥109M	CN¥174M	CN¥134M	CN¥121M	CN¥188M	CN¥13.8M	CN¥140M	CN¥3.23M	CN¥249M
Current assets	CN¥14B	CN¥14B	CN¥14.7B	CN¥15.4B	CN¥16.6B	CN¥17.2B	CN¥18B	CN¥19.5B	CN¥19.4B	CN¥22.4B	CN¥26.8B	CN¥37.6B
Property, plant & equipment (net)	CN¥9.49B	CN¥9.28B	CN¥9.26B	CN¥9.12B	CN¥9.14B	CN¥9.2B	CN¥9.87B	CN¥10.6B	CN¥11.1B	CN¥11.4B	CN¥12.7B	CN¥13.3B
Long-term investments	CN¥813M	CN¥822M	CN¥814M	CN¥828M	CN¥570M	CN¥587M	CN¥863M	CN¥978M	CN¥962M	CN¥989M	CN¥981M	CN¥1.01B
Intangible assets	CN¥383M	CN¥623M	CN¥616M	CN¥637M	CN¥626M	CN¥619M	CN¥623M	CN¥621M	CN¥620M	CN¥628M	CN¥635M	CN¥874M
Deferred tax assets	CN¥269M	CN¥267M	CN¥260M	CN¥264M	CN¥315M	CN¥302M	CN¥342M	CN¥259M	CN¥601M	CN¥538M	CN¥901M	CN¥363M
Other non-current assets	CN¥937M	CN¥66.4M	CN¥885M	CN¥64M	CN¥380M	CN¥486M	CN¥80.3M	CN¥68.3M	CN¥79.1M	CN¥249M	CN¥403M	CN¥311M
Non-current assets	CN¥11B	CN¥11.1B	CN¥10.9B	CN¥10.9B	CN¥11B	CN¥11.2B	CN¥11.8B	CN¥12.5B	CN¥13.4B	CN¥13.8B	CN¥15.6B	CN¥15.9B
Total assets	CN¥25B	CN¥25B	CN¥25.7B	CN¥26.3B	CN¥27.6B	CN¥28.4B	CN¥29.8B	CN¥32B	CN¥32.8B	CN¥36.2B	CN¥42.4B	CN¥53.4B
Liabilities
Accounts payable	CN¥2B	CN¥2.11B	CN¥2.43B	CN¥1.66B	CN¥5.01B	CN¥5.27B	CN¥6.23B	CN¥4.79B	CN¥4.42B	CN¥5.2B	CN¥6.78B	CN¥7.97B
Accrued expenses	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥733M	CN¥0	CN¥784M	CN¥979M	CN¥1.8B
Short-term debt	CN¥2.53B	CN¥2.52B	CN¥1.94B	CN¥4.63B	CN¥1.84B	CN¥1.98B	CN¥2.59B	CN¥5.76B	CN¥5.88B	CN¥5.36B	CN¥8.97B	CN¥11B
Taxes payable	CN¥44.7M	CN¥75.6M	CN¥46.8M	CN¥121M	CN¥113M	CN¥147M	CN¥243M	CN¥0	CN¥195M	CN¥0	CN¥0	CN¥0
Deferred revenue	CN¥91.6M	CN¥149M	CN¥175M	CN¥179M	CN¥0	CN¥0	CN¥0	CN¥330M	CN¥0	CN¥68.1M	CN¥75.9M	CN¥92.9M
Other current liabilities	CN¥1.98B	CN¥2.14B	CN¥3.68B	CN¥1.4B	CN¥1.4B	CN¥952M	CN¥591M	CN¥771M	CN¥1.65B	CN¥725M	CN¥633M	CN¥724M
Current liabilities	CN¥7.3B	CN¥7.41B	CN¥8.88B	CN¥9.38B	CN¥9.85B	CN¥9.66B	CN¥11.1B	CN¥12.6B	CN¥12.1B	CN¥12.4B	CN¥17.7B	CN¥22.2B
Long-term debt	CN¥1.31B	CN¥819M	CN¥371M	CN¥282M	CN¥558M	CN¥745M	CN¥1.03B	CN¥1.11B	CN¥903M	CN¥2.7B	CN¥2.76B	CN¥2.27B
Lease obligations (non-current)	CN¥20.7M	CN¥29M	CN¥35.2M	CN¥33.5M	CN¥31.9M	CN¥30.2M	CN¥31.7M	CN¥33.7M	CN¥31.3M	CN¥30.8M	CN¥36.7M	CN¥40.9M
Deferred revenue (non-current)	CN¥515M	CN¥514M	CN¥606M	CN¥594M	CN¥581M	CN¥579M	CN¥554M	CN¥664M	CN¥722M	CN¥720M	CN¥707M	CN¥699M
Deferred tax liabilities	CN¥118M	CN¥123M	CN¥117M	CN¥116M	CN¥113M	CN¥111M	CN¥109M	CN¥107M	CN¥124M	CN¥136M	CN¥184M	CN¥126M
Other non-current liabilities	CN¥0	CN¥0	CN¥0	CN¥0	CN¥5.14M	CN¥5.14M	CN¥10.6M	CN¥10.6M	CN¥0	CN¥0	CN¥0	CN¥0
Non-current liabilities	CN¥1.44B	CN¥1.48B	CN¥1.13B	CN¥1.03B	CN¥1.29B	CN¥1.47B	CN¥1.73B	CN¥1.93B	CN¥1.06B	CN¥3.59B	CN¥3.69B	CN¥3.14B
Total liabilities	CN¥8.74B	CN¥8.89B	CN¥10B	CN¥10.4B	CN¥11.1B	CN¥11.1B	CN¥12.8B	CN¥14.5B	CN¥13.1B	CN¥15.9B	CN¥21.3B	CN¥25.3B
Equity
Common stock & paid-in capital	CN¥2.35B	CN¥2.36B	CN¥2.37B	CN¥2.43B	CN¥2.43B	CN¥2.43B	CN¥2.43B	CN¥2.43B	CN¥2.43B	CN¥2.43B	CN¥2.43B	CN¥2.43B
Retained earnings	CN¥5.33B	CN¥5.73B	CN¥5.2B	CN¥5.64B	CN¥5.87B	CN¥6.43B	CN¥5.84B	CN¥5.88B	CN¥6.54B	CN¥7.7B	CN¥7.88B	CN¥11.3B
Accumulated other comprehensive income	CN¥2.83B	CN¥6.31B	CN¥2.7B	CN¥6.86B	CN¥2.95B	CN¥7.33B	CN¥3.23B	CN¥7.57B	CN¥3.59B	CN¥8.15B	CN¥4.02B	CN¥10.5B
Shareholders' equity	CN¥14B	CN¥14.4B	CN¥14B	CN¥14.3B	CN¥14.9B	CN¥15.6B	CN¥15.2B	CN¥15.5B	CN¥16.7B	CN¥17.9B	CN¥18.5B	CN¥24B
Debt
Total debt (incl. leases)	CN¥4.97B	CN¥4.78B	CN¥5.07B	CN¥4.91B	CN¥2.43B	CN¥2.76B	CN¥3.64B	CN¥6.91B	CN¥6.82B	CN¥8.09B	CN¥11.8B	CN¥13.3B
Net debt (debt - cash)	CN¥2.19B	CN¥2.73B	CN¥3.27B	CN¥3.05B	CN¥411M	CN¥1.1B	CN¥1.94B	CN¥5.15B	CN¥5.07B	CN¥5.65B	CN¥9.77B	CN¥8.19B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥589M	CN¥2.22B	CN¥1.13B	CN¥1.06B	CN¥850M	CN¥2.29B	CN¥3.11B	CN¥2.77B	CN¥2.02B	CN¥1.74B
Short-term investments	CN¥73.1M	CN¥122M	CN¥90.4M	CN¥119M	CN¥123M	CN¥180M	CN¥79.6M	CN¥62.2M	CN¥130M	CN¥748M
Receivables	CN¥3.4B	CN¥4.42B	CN¥4.59B	CN¥5.28B	CN¥6.01B	CN¥7.24B	CN¥6.64B	CN¥6.53B	CN¥9.04B	CN¥11.1B
Inventory	CN¥1.14B	CN¥1.6B	CN¥1.75B	CN¥2.1B	CN¥2.52B	CN¥4.52B	CN¥4.08B	CN¥4.27B	CN¥5.12B	CN¥5.79B
Other current assets	CN¥180M	CN¥249M	CN¥202M	CN¥265M	CN¥340M	CN¥668M	CN¥402M	CN¥419M	CN¥174M	CN¥13.8M
Current assets	CN¥5.31B	CN¥8.48B	CN¥7.65B	CN¥8.71B	CN¥9.72B	CN¥14.7B	CN¥14.2B	CN¥14B	CN¥16.6B	CN¥19.4B
Property, plant & equipment (net)	CN¥3.81B	CN¥3.81B	CN¥4.31B	CN¥5.97B	CN¥7.62B	CN¥8.18B	CN¥9.64B	CN¥9.49B	CN¥9.14B	CN¥11.1B
Long-term investments	-CN¥5.79M	CN¥105M	CN¥184M	CN¥264M	CN¥235M	CN¥295M	CN¥457M	CN¥660M	CN¥570M	CN¥962M
Goodwill	CN¥0	CN¥0	CN¥0	CN¥0	CN¥97.4M	CN¥18.8M	CN¥0	CN¥0	CN¥0	CN¥0
Intangible assets	CN¥272M	CN¥284M	CN¥373M	CN¥380M	CN¥435M	CN¥399M	CN¥399M	CN¥383M	CN¥626M	CN¥620M
Deferred tax assets	CN¥68.3M	CN¥38.4M	CN¥40.1M	CN¥75.7M	CN¥120M	CN¥158M	CN¥220M	CN¥269M	CN¥315M	CN¥601M
Other non-current assets	CN¥73.1M	CN¥122M	CN¥330M	CN¥138M	CN¥138M	CN¥663M	CN¥249M	CN¥153M	CN¥380M	CN¥79.1M
Non-current assets	CN¥4.22B	CN¥4.36B	CN¥5.23B	CN¥6.82B	CN¥8.64B	CN¥9.71B	CN¥11B	CN¥11B	CN¥11B	CN¥13.4B
Total assets	CN¥9.53B	CN¥12.8B	CN¥12.9B	CN¥15.5B	CN¥18.4B	CN¥24.4B	CN¥25.2B	CN¥25B	CN¥27.6B	CN¥32.8B
Liabilities
Accounts payable	CN¥1.74B	CN¥1.98B	CN¥1.9B	CN¥2.66B	CN¥3.04B	CN¥4.11B	CN¥2.5B	CN¥2.74B	CN¥5.01B	CN¥4.42B
Short-term debt	CN¥1.6B	CN¥1.42B	CN¥824M	CN¥1.93B	CN¥2.16B	CN¥1.69B	CN¥2.78B	CN¥2.53B	CN¥1.84B	CN¥5.88B
Taxes payable	CN¥55.1M	CN¥85.3M	CN¥74.3M	CN¥116M	CN¥125M	CN¥173M	CN¥50.2M	CN¥44.7M	CN¥113M	CN¥195M
Deferred revenue	CN¥330M	CN¥469M	CN¥74.3M	CN¥655M	CN¥880M	CN¥1.12B	CN¥19.6M	CN¥0	CN¥0	CN¥0
Other current liabilities	CN¥298M	CN¥651M	CN¥1.03B	CN¥5.45M	CN¥739M	CN¥335M	CN¥1.2B	CN¥1.98B	CN¥1.4B	CN¥1.65B
Current liabilities	CN¥3.68B	CN¥4.09B	CN¥3.78B	CN¥5.26B	CN¥6.8B	CN¥7.25B	CN¥7.38B	CN¥7.3B	CN¥9.85B	CN¥12.1B
Long-term debt	CN¥467M	CN¥2.2B	CN¥2.05B	CN¥732M	CN¥605M	CN¥1.89B	CN¥1.98B	CN¥1.31B	CN¥558M	CN¥903M
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥0	CN¥72.9M	CN¥65.9M	CN¥38.7M	CN¥20.7M	CN¥31.9M	CN¥31.3M
Deferred revenue (non-current)	CN¥82.6M	CN¥73.7M	CN¥174M	CN¥179M	CN¥267M	CN¥321M	CN¥400M	CN¥515M	CN¥581M	CN¥722M
Deferred tax liabilities	-CN¥467M	CN¥59.5M	CN¥44.8M	CN¥13M	CN¥38.2M	CN¥35M	CN¥108M	CN¥118M	CN¥113M	CN¥124M
Other non-current liabilities	CN¥82.6M	CN¥0	CN¥0	CN¥0	-CN¥72.9M	CN¥0	CN¥0	CN¥515M	CN¥5.14M	CN¥0
Non-current liabilities	CN¥549M	CN¥2.34B	CN¥2.27B	CN¥925M	CN¥910M	CN¥2.31B	CN¥2.52B	CN¥1.96B	CN¥1.29B	CN¥1.06B
Total liabilities	CN¥4.23B	CN¥6.42B	CN¥6.04B	CN¥6.18B	CN¥7.71B	CN¥9.56B	CN¥9.9B	CN¥9.26B	CN¥11.1B	CN¥13.1B
Equity
Common stock & paid-in capital	CN¥1.44B	CN¥1.46B	CN¥2.12B	CN¥2.28B	CN¥2.29B	CN¥2.31B	CN¥2.33B	CN¥2.35B	CN¥2.43B	CN¥2.43B
Retained earnings	CN¥1.73B	CN¥2.25B	CN¥2.47B	CN¥3.08B	CN¥3.69B	CN¥5.39B	CN¥5.35B	CN¥5.33B	CN¥5.87B	CN¥6.54B
Accumulated other comprehensive income	CN¥747M	CN¥766M	CN¥1.52B	CN¥1.15B	CN¥1.35B	CN¥2.53B	CN¥2.73B	CN¥22.8M	CN¥2.95B	CN¥3.24B
Shareholders' equity	CN¥5.05B	CN¥6.02B	CN¥6.4B	CN¥8.83B	CN¥9.89B	CN¥13.1B	CN¥13.5B	CN¥14B	CN¥14.9B	CN¥16.7B
Debt
Total debt (incl. leases)	CN¥2.07B	CN¥3.84B	CN¥3.47B	CN¥2.67B	CN¥3.49B	CN¥3.98B	CN¥4.81B	CN¥2.79B	CN¥2.43B	CN¥6.82B
Net debt (debt - cash)	CN¥1.48B	CN¥1.62B	CN¥2.34B	CN¥1.6B	CN¥2.64B	CN¥1.7B	CN¥1.7B	CN¥2.19B	CN¥411M	CN¥5.07B

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