Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) balance sheet

HKSE · Technology · Communication Equipment · 10,596 employees · CEO Dan Zhuang

Price: HK$107.20 +11.49%
Market cap: HK$153B
Enterprise value: CN¥217B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-03-26

At the end of Q3 '26 Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) held CN¥9.5B in cash and short-term investments against CN¥10.3B of debt incl. leases. Total assets CN¥44.1B, total liabilities CN¥21.1B, shareholders' equity CN¥18.7B.

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¥3.9B	CN¥4.2B	CN¥3.63B	CN¥3.08B	CN¥3.29B	CN¥4.54B	CN¥4.26B	CN¥3.74B	CN¥5.77B	CN¥5.51B	CN¥4.94B	CN¥5.63B
Short-term investments	CN¥1.05B	CN¥1.14B	CN¥1.57B	CN¥1.67B	CN¥1.44B	CN¥1.4B	CN¥1.73B	CN¥1.93B	CN¥1.8B	CN¥1.9B	CN¥2.86B	CN¥3.88B
Receivables	CN¥6.23B	CN¥5.81B	CN¥5.91B	CN¥6.3B	CN¥6.1B	CN¥6.18B	CN¥6.35B	CN¥6.9B	CN¥7.22B	CN¥6.91B	CN¥8.84B	CN¥10.4B
Inventory	CN¥2.94B	CN¥3.02B	CN¥3.28B	CN¥3.14B	CN¥3.18B	CN¥3.39B	CN¥3.25B	CN¥3.4B	CN¥3.15B	CN¥3.49B	CN¥4.47B	CN¥4.91B
Other current assets	CN¥227M	CN¥450M	CN¥221M	CN¥665M	CN¥615M	CN¥649M	CN¥665M	CN¥332M	CN¥10.3M	CN¥570M	CN¥38.9M	CN¥712M
Current assets	CN¥14.6B	CN¥14.8B	CN¥15B	CN¥14.9B	CN¥14.6B	CN¥14.8B	CN¥14.5B	CN¥16.5B	CN¥18.2B	CN¥18.6B	CN¥21.3B	CN¥25.7B
Property, plant & equipment (net)	CN¥7.99B	CN¥7.97B	CN¥8.11B	CN¥8.39B	CN¥10.6B	CN¥11.1B	CN¥11.1B	CN¥11.4B	CN¥11.6B	CN¥10.9B	CN¥11.1B	CN¥11.3B
Long-term investments	CN¥3.43B	CN¥3.29B	CN¥1.97B	CN¥3.51B	CN¥2.85B	CN¥2.53B	CN¥2.46B	CN¥3.11B	CN¥2.87B	CN¥2.69B	CN¥3.03B	CN¥2.67B
Goodwill	CN¥897M	CN¥897M	CN¥897M	CN¥897M	CN¥931M	CN¥931M	CN¥931M	CN¥962M	CN¥952M	CN¥949M	CN¥952M	CN¥952M
Intangible assets	CN¥1.61B	CN¥1.59B	CN¥1.54B	CN¥1.51B	CN¥1.71B	CN¥1.71B	CN¥1.71B	CN¥1.77B	CN¥1.77B	CN¥1.72B	CN¥1.68B	CN¥1.7B
Deferred tax assets	CN¥344M	CN¥369M	CN¥384M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥657M	CN¥620M	CN¥672M	CN¥771M	CN¥942M
Other non-current assets	CN¥324M	CN¥363M	CN¥2.03B	CN¥1.45B	CN¥1B	CN¥988M	CN¥1.06B	CN¥439M	CN¥333M	CN¥466M	CN¥341M	CN¥913M
Non-current assets	CN¥14.6B	CN¥14.5B	CN¥14.9B	CN¥15.8B	CN¥17.1B	CN¥17.2B	CN¥17.3B	CN¥18.3B	CN¥18.2B	CN¥17.4B	CN¥17.9B	CN¥18.4B
Total assets	CN¥29.1B	CN¥29.3B	CN¥29.9B	CN¥30.6B	CN¥31.7B	CN¥32B	CN¥31.8B	CN¥34.9B	CN¥36.4B	CN¥36B	CN¥39.1B	CN¥44.1B
Liabilities
Accounts payable	CN¥2.59B	CN¥1.59B	CN¥1.55B	CN¥3.13B	CN¥3.13B	CN¥3.06B	CN¥3.04B	CN¥2.25B	CN¥2.3B	CN¥2.29B	CN¥2.76B	CN¥3.06B
Accrued expenses	CN¥0	CN¥0	CN¥0	CN¥368M	CN¥637M	CN¥408M	CN¥655M	CN¥403M	CN¥370M	CN¥454M	CN¥644M	CN¥1.08B
Short-term debt	CN¥3.55B	CN¥3.48B	CN¥4.05B	CN¥3.99B	CN¥2B	CN¥5.17B	CN¥4.63B	CN¥6.42B	CN¥5.8B	CN¥5.33B	CN¥5.37B	CN¥5.03B
Taxes payable	CN¥217M	CN¥130M	CN¥197M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Deferred revenue	-CN¥26.7M	CN¥2.27B	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥551M	CN¥632M	CN¥633M	CN¥741M	CN¥948M
Other current liabilities	CN¥947M	-CN¥301M	CN¥991M	CN¥1.91B	CN¥4.57B	CN¥2.45B	CN¥2.34B	CN¥2.26B	CN¥1.3B	CN¥1.2B	CN¥1.48B	CN¥2.26B
Current liabilities	CN¥9.08B	CN¥8.33B	CN¥8.4B	CN¥9.4B	CN¥10.3B	CN¥11.1B	CN¥10.7B	CN¥12.1B	CN¥10.6B	CN¥10.3B	CN¥11.6B	CN¥13.3B
Long-term debt	CN¥4.86B	CN¥5.65B	CN¥5.93B	CN¥5.39B	CN¥4.79B	CN¥4.46B	CN¥4.83B	CN¥5.28B	CN¥4.72B	CN¥4.72B	CN¥4.49B	CN¥5.01B
Lease obligations (non-current)	CN¥60.7M	CN¥54.1M	CN¥133M	CN¥122M	CN¥109M	CN¥110M	CN¥91M	CN¥87M	CN¥223M	CN¥222M	CN¥226M	CN¥232M
Deferred revenue (non-current)	CN¥509M	CN¥446M	CN¥533M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥532M	CN¥0	CN¥836M	CN¥1.18B	CN¥837M
Deferred tax liabilities	CN¥238M	CN¥233M	CN¥233M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥271M	CN¥294M	CN¥255M	CN¥292M	CN¥288M
Other non-current liabilities	CN¥1	CN¥81.9M	CN¥97.7M	CN¥902M	CN¥901M	CN¥952M	CN¥998M	CN¥425M	CN¥998M	CN¥1.39B	CN¥1.03B	CN¥1.47B
Non-current liabilities	CN¥5.66B	CN¥6.46B	CN¥6.93B	CN¥6.42B	CN¥5.8B	CN¥5.52B	CN¥5.92B	CN¥6.6B	CN¥6.24B	CN¥7.42B	CN¥7.21B	CN¥7.84B
Total liabilities	CN¥14.7B	CN¥14.8B	CN¥15.3B	CN¥15.8B	CN¥16.1B	CN¥16.6B	CN¥16.6B	CN¥18.7B	CN¥16.9B	CN¥17.7B	CN¥18.8B	CN¥21.1B
Equity
Common stock & paid-in capital	CN¥758M	CN¥758M	CN¥758M	CN¥758M	CN¥758M	CN¥758M	CN¥758M	CN¥758M	CN¥828M	CN¥825M	CN¥828M	CN¥827M
Retained earnings	CN¥6.7B	CN¥7.47B	CN¥6.67B	CN¥7.59B	CN¥7.7B	CN¥7.85B	CN¥7.79B	CN¥7.23B	CN¥7.54B	CN¥8.01B	CN¥10.2B	CN¥12.5B
Accumulated other comprehensive income	CN¥72.2M	CN¥3.11B	CN¥19.5M	CN¥3.23B	CN¥26.3M	CN¥38.3M	CN¥28.4M	CN¥4.04B	CN¥920M	CN¥5.55B	CN¥808M	CN¥5.41B
Shareholders' equity	CN¥11.3B	CN¥11.3B	CN¥11.3B	CN¥11.6B	CN¥11.6B	CN¥11.8B	CN¥11.5B	CN¥11.8B	CN¥13.8B	CN¥14.2B	CN¥16.4B	CN¥18.7B
Debt
Total debt (incl. leases)	CN¥8.5B	CN¥9.18B	CN¥10.2B	CN¥9.5B	CN¥6.9B	CN¥9.73B	CN¥9.59B	CN¥11.8B	CN¥10.7B	CN¥10.3B	CN¥10.1B	CN¥10.3B
Net debt (debt - cash)	CN¥4.6B	CN¥4.98B	CN¥6.54B	CN¥6.42B	CN¥3.61B	CN¥5.19B	CN¥5.33B	CN¥8.05B	CN¥4.98B	CN¥4.76B	CN¥5.14B	CN¥4.65B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥1.43B	CN¥1.8B	CN¥2.68B	CN¥2.12B	CN¥1.44B	CN¥2.77B	CN¥4.32B	CN¥3.9B	CN¥3.29B	CN¥5.77B
Short-term investments	CN¥249M	CN¥42.1M	CN¥32.9M	CN¥9.9M	CN¥892M	CN¥1.53B	CN¥1.35B	CN¥1.05B	CN¥1.44B	CN¥1.8B
Receivables	CN¥2.11B	CN¥2.61B	CN¥3.42B	CN¥3.45B	CN¥4.19B	CN¥4.66B	CN¥5.87B	CN¥6.23B	CN¥6.1B	CN¥7.22B
Inventory	CN¥644M	CN¥730M	CN¥995M	CN¥1.78B	CN¥2.34B	CN¥2.76B	CN¥3.16B	CN¥2.94B	CN¥3.18B	CN¥3.15B
Other current assets	CN¥2.25B	CN¥2.58B	CN¥3.67B	CN¥321M	CN¥326M	CN¥351M	CN¥468M	CN¥227M	CN¥417M	CN¥10.3M
Current assets	CN¥4.64B	CN¥5.23B	CN¥7.49B	CN¥7.85B	CN¥9.45B	CN¥12.3B	CN¥15.4B	CN¥14.6B	CN¥14.6B	CN¥18.2B
Property, plant & equipment (net)	CN¥2.02B	CN¥2.09B	CN¥3.19B	CN¥3.82B	CN¥4.06B	CN¥4.69B	CN¥7.45B	CN¥7.78B	CN¥10.6B	CN¥11.6B
Long-term investments	CN¥1.31B	CN¥1.61B	CN¥1.93B	CN¥1.74B	CN¥1.72B	CN¥1.78B	CN¥1.94B	CN¥3.43B	CN¥2.85B	CN¥2.87B
Goodwill	CN¥0	CN¥0	CN¥0	CN¥0	CN¥20M	CN¥27.1M	CN¥836M	CN¥897M	CN¥931M	CN¥952M
Intangible assets	CN¥211M	CN¥328M	CN¥292M	CN¥307M	CN¥342M	CN¥314M	CN¥1.73B	CN¥1.61B	CN¥1.71B	CN¥1.77B
Deferred tax assets	CN¥56M	CN¥55.2M	CN¥84.7M	CN¥97.1M	CN¥138M	CN¥144M	CN¥273M	CN¥0	CN¥0	CN¥620M
Other non-current assets	-CN¥52.8M	-CN¥143M	-CN¥91.3M	-CN¥37.8M	CN¥119M	CN¥204M	CN¥564M	CN¥874M	CN¥1B	CN¥333M
Non-current assets	CN¥3.54B	CN¥3.94B	CN¥5.4B	CN¥5.92B	CN¥6.41B	CN¥7.16B	CN¥12.8B	CN¥14.6B	CN¥17.1B	CN¥18.2B
Total assets	CN¥8.18B	CN¥9.17B	CN¥12.9B	CN¥13.8B	CN¥15.9B	CN¥19.5B	CN¥28.2B	CN¥29.1B	CN¥31.7B	CN¥36.4B
Liabilities
Accounts payable	CN¥795M	CN¥1.35B	CN¥1.28B	CN¥1.26B	CN¥1.89B	CN¥2.23B	CN¥2.41B	CN¥2.59B	CN¥2.54B	CN¥2.3B
Accrued expenses	CN¥0	CN¥0	CN¥0	CN¥0	CN¥391M	CN¥0	CN¥0	CN¥0	CN¥637M	CN¥370M
Short-term debt	CN¥887M	CN¥497M	CN¥787M	CN¥1.49B	CN¥1.03B	CN¥2.72B	CN¥2.47B	CN¥3.55B	CN¥2B	CN¥5.8B
Taxes payable	CN¥124M	CN¥188M	CN¥166M	CN¥104M	CN¥127M	CN¥130M	CN¥154M	CN¥217M	CN¥0	CN¥0
Deferred revenue	CN¥65.8M	CN¥1.09B	CN¥1.03B	CN¥957M	CN¥0	CN¥1.03B	CN¥2.06B	CN¥0	CN¥0	CN¥632M
Other current liabilities	CN¥252M	CN¥253M	CN¥191M	-CN¥694M	CN¥295M	-CN¥270M	-CN¥697M	CN¥921M	CN¥4.53B	CN¥1.27B
Current liabilities	CN¥2.64B	CN¥2.95B	CN¥3.35B	CN¥3.77B	CN¥4.38B	CN¥6.56B	CN¥8.08B	CN¥9.08B	CN¥10.3B	CN¥10.6B
Long-term debt	CN¥870M	CN¥481M	CN¥817M	CN¥42M	CN¥1.01B	CN¥1.78B	CN¥3.95B	CN¥4.86B	CN¥4.79B	CN¥4.72B
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥48.6M	CN¥58.5M	CN¥37.5M	CN¥40.2M	CN¥60.7M	CN¥109M	CN¥223M
Deferred revenue (non-current)	CN¥237M	CN¥253M	CN¥250M	CN¥882M	CN¥907M	CN¥401M	CN¥564M	CN¥509M	CN¥628M	CN¥1.73B
Deferred tax liabilities	CN¥971M	-CN¥170M	CN¥0	CN¥0	CN¥11.4M	CN¥10.6M	CN¥258M	CN¥238M	CN¥273M	CN¥294M
Other non-current liabilities	-CN¥327	CN¥0	CN¥343M	CN¥0	CN¥104M	CN¥104M	CN¥778M	CN¥747M	CN¥1	CN¥998M
Non-current liabilities	CN¥1.11B	CN¥734M	CN¥1.16B	CN¥1.06B	CN¥2.09B	CN¥2.33B	CN¥5.59B	CN¥5.66B	CN¥5.8B	CN¥6.24B
Total liabilities	CN¥3.74B	CN¥3.68B	CN¥4.51B	CN¥4.83B	CN¥6.47B	CN¥8.89B	CN¥13.7B	CN¥14.7B	CN¥16.1B	CN¥16.9B
Equity
Common stock & paid-in capital	CN¥682M	CN¥682M	CN¥758M	CN¥758M	CN¥758M	CN¥758M	CN¥758M	CN¥758M	CN¥758M	CN¥828M
Retained earnings	CN¥1.58B	CN¥2.54B	CN¥3.49B	CN¥4.05B	CN¥4.33B	CN¥4.86B	CN¥5.79B	CN¥6.7B	CN¥7.7B	CN¥7.54B
Accumulated other comprehensive income	CN¥88.4M	CN¥66.5M	CN¥26.2M	CN¥37.8M	-CN¥5.91M	-CN¥13M	CN¥17.8M	CN¥72.2M	CN¥26.3M	CN¥920M
Shareholders' equity	CN¥4.18B	CN¥5.24B	CN¥8.19B	CN¥8.79B	CN¥9.05B	CN¥9.78B	CN¥10.1B	CN¥11.3B	CN¥11.6B	CN¥13.8B
Debt
Total debt (incl. leases)	CN¥1.76B	CN¥1.27B	CN¥1.36B	CN¥1.6B	CN¥2.13B	CN¥4.55B	CN¥6.48B	CN¥8.5B	CN¥6.94B	CN¥10.7B
Net debt (debt - cash)	CN¥329M	-CN¥527M	-CN¥1.33B	-CN¥523M	CN¥1.36B	CN¥1.78B	CN¥2.48B	CN¥4.6B	CN¥3.65B	CN¥4.98B

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 · Amounts in CNY as reported; price and market cap in HKD.