LAPLACE RENEWABLE ENERGY TECHNOLOGY CO., LTD.

Cash flow LAPLACE Renewable Energy Technology Co., Ltd.

Stocks

688726

CNE100006PN3

Semiconductors

End-of-day quote Shanghai S.E. 2026-08-18			5-day change	1st Jan Change
48.35 ^CNY	+5.68%		+10.29%	+34.31%

06-15	Laplace New Energy Technology Seeks Up to 2.2 Billion Yuan from Private Placement	MT
06-11	LAPLACE Renewable Energy Technology Co., Ltd. announced that it expects to receive CNY 2.2012685 billion in funding	CI

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Published financial data: LAPLACE RENEWABLE ENERGY TECHNOLOGY CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	102M	1.26B	2.95B	5.72B	5.46B
Other Revenues, Total	1.19M	3.74M	14.99M	10.57M	7.12M
Total Revenues	104M	1.27B	2.97B	5.73B	5.46B
Cost of Goods Sold, Total	94.47M	875M	2.12B	4.26B	3.91B
Gross Profit	9.11M	391M	844M	1.47B	1.55B
Selling General & Admin Expenses, Total	46.52M	128M	298M	313M	353M
Provision for Bad Debts	2.24M	25.31M	51.54M	175M	177M
R&D Expenses	39.07M	110M	232M	296M	385M
Other Operating Expenses	543K	11M	-125M	-110M	-22.33M
Other Operating Expenses, Total	88.37M	274M	456M	674M	894M
Operating Income	-79.25M	117M	388M	795M	657M
Interest Expense, Total	-4.87M	-4.56M	-3.8M	-8.66M	-9.4M
Interest And Investment Income	1.51M	11.46M	33.27M	52.94M	64.68M
Net Interest Expenses	-3.36M	6.91M	29.47M	44.28M	55.28M
Currency Exchange Gains (Loss)	-362K	-8.04M	3.55M	-5.09M	-10.02M
Other Non Operating Income (Expenses)	-672K	-4.16M	-865K	-2.46M	-18.03M
EBT, Excl. Unusual Items	-83.64M	112M	420M	832M	684M
Gain (Loss) On Sale Of Investments	1.8M	-3.47M	2.67M	-370K	133K
Gain (Loss) On Sale Of Assets	-	-	2.18M	-204K	163K
Asset Writedown	-	-	100	-125K	-61.46M
Other Unusual Items	5.89M	9.38M	34.32M	24.58M	88.97M
EBT, Incl. Unusual Items	-75.95M	118M	459M	856M	712M
Income Tax Expense	-18.84M	-1.29M	37.16M	123M	88.34M
Earnings From Continuing Operations	-57.11M	119M	422M	733M	623M
Net Income to Company	-57.11M	119M	422M	733M	623M
Minority Interest	-	-756K	-11.11M	-3.24M	-412K
Net Income - (IS)	-57.11M	118M	411M	729M	623M
Net Income to Common Incl Extra Items	-57.11M	118M	411M	729M	623M
Net Income to Common Excl. Extra Items	-57.11M	118M	411M	729M	623M
Per Share Items
Net EPS - Basic	-	0.33	1.13	1.96	1.54
Basic EPS - Continuing Operations	-	0.33	1.13	1.96	1.54
Basic Weighted Average Shares Outstanding	-	358M	364M	372M	404M
Net EPS - Diluted	-	0.33	1.13	1.96	1.54
Diluted EPS - Continuing Operations	-	0.33	1.13	1.96	1.54
Diluted Weighted Average Shares Outstanding	-	358M	364M	372M	404M
Normalized Basic EPS	-	0.19	0.69	1.39	1.06
Normalized Diluted EPS	-	0.19	0.69	1.39	1.06
Dividend Per Share	-	-	-	0.37	0.31
Payout Ratio	-6.1	0.49	0.42	0.87	24.95
Supplemental Items
EBITDA	-77.63M	123M	404M	824M	692M
EBITA	-78.81M	118M	393M	802M	663M
EBIT	-79.25M	117M	388M	795M	657M
EBITDAR	-	-	-	-	706M
Total Revenues (As Reported)	104M	1.27B	2.97B	5.73B	5.46B
Effective Tax Rate - (Ratio)	24.81	-1.09	8.09	14.42	12.41
Total Current Taxes	-	1.56M	95.72M	144M	125M
Total Deferred Taxes	-18.84M	-2.84M	-58.55M	-21.08M	-36.8M
Normalized Net Income	-52.28M	69.11M	251M	517M	427M
Interest Capitalized	-	-	-	409K	-
Non-Cash Pension Expense	-	-	-	20.6M	15.6M
Supplemental Operating Expense Items
Advertising Expense	858K	639K	1.18M	3.59M	11.53M
Selling and Marketing Expenses	15.04M	43.02M	104M	41.08M	62.96M
General and Administrative Expenses	31.47M	84.48M	194M	272M	291M
Research And Development Expense From Footnotes	39.07M	110M	232M	296M	385M
Net Rental Expense, Total	-	-	-	-	13.87M
Imputed Operating Lease Interest Expense	-	-	-	-	3.52M
Imputed Operating Lease Depreciation	-	-	-	-	10.34M
Stock-Based Comp., R&D Exp. (Total)	629K	6.59M	18.64M	19.85M	19.5M
Stock-Based Comp., S&M Exp. (Total)	139K	492K	4.23M	1.8M	1.49M
Stock-Based Comp., G&A Exp. (Total)	252K	4.63M	28.32M	39.34M	51.11M
Stock-Based Comp., Other (Total)	-	-	-	-	6.08M
Total Stock-Based Compensation	1.02M	11.71M	51.19M	60.99M	78.18M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	85.97M	1.38B	970M	1.07B	998M
Short Term Investments	-	-	53.25M	368M	903M
Trading Asset Securities, Total	71.8M	285M	541M	716M	652M
Total Cash And Short Term Investments	158M	1.66B	1.56B	2.16B	2.55B
Accounts Receivable, Total	320M	699M	1.73B	1.78B	3.21B
Other Receivables	322K	-3.42M	-2.03M	12.26M	10.16M
Total Receivables	321M	695M	1.73B	1.8B	3.22B
Inventory	373M	2.1B	6.05B	4.33B	3.01B
Other Current Assets, Total	64.7M	261M	464M	188M	265M
Total Current Assets	916M	4.72B	9.81B	8.48B	9.05B
Gross Property Plant And Equipment	115M	169M	304M	410M	441M
Accumulated Depreciation	-2.17M	-7.04M	-17.9M	-71.05M	-120M
Net Property Plant And Equipment	113M	162M	286M	339M	321M
Long-term Investments	30.24M	151M	845M	980M	526M
Other Intangibles, Total	32.46M	32.02M	129M	153M	142M
Deferred Tax Assets Long-Term	40.57M	43.41M	102M	123M	160M
Deferred Charges Long-Term	3.02M	11.38M	42.46M	26.4M	14.31M
Other Long-Term Assets, Total	1.64M	7.88M	10.15M	12.37M	30.16M
Total Assets	1.14B	5.13B	11.22B	10.11B	10.24B
Liabilities
Accounts Payable, Total	239M	1.36B	2.61B	1.84B	2.03B
Accrued Expenses, Total	15.52M	81.67M	141M	124M	226M
Short-term Borrowings	15.02M	-	170M	70.05M	54.05M
Current Portion of Long-Term Debt	5.44M	12.91M	31.7M	67.29M	37.57M
Current Portion of Leases	-	-	-	-	39.29M
Current Income Taxes Payable	-	1.56M	60.26M	63.59M	38.78M
Unearned Revenue Current, Total	381M	1.78B	5.67B	3.93B	3.28B
Other Current Liabilities	74.39M	167M	306M	175M	324M
Total Current Liabilities	731M	3.41B	8.98B	6.27B	6.03B
Long-Term Debt	-	-	61.47M	165M	79.54M
Long-Term Leases	55.08M	74.49M	31.47M	57.4M	21.31M
Unearned Revenue Non Current	-	-	-	2.74M	2.97M
Other Non Current Liabilities	22.11M	17.22M	35.55M	70.03M	22.23M
Total Liabilities	808M	3.5B	9.11B	6.57B	6.15B
Common Stock, Total	12.63M	365M	365M	405M	405M
Additional Paid In Capital	556M	1.07B	1.13B	1.78B	1.86B
Retained Earnings	-240M	196M	606M	1.34B	1.81B
Comprehensive Income and Other	90.4K	3K	-52.1K	50.11K	109K
Total Common Equity	328M	1.63B	2.1B	3.52B	4.07B
Minority Interest	-	756K	13.27M	16.5M	16.92M
Total Equity	328M	1.63B	2.11B	3.54B	4.09B
Total Liabilities And Equity	1.14B	5.13B	11.22B	10.11B	10.24B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	358M	365M	405M	405M
ECS Total Common Shares Outstanding	-	358M	365M	405M	405M
Book Value / Share	-	4.55	5.75	8.69	10.05
Tangible Book Value	296M	1.6B	1.97B	3.37B	3.93B
Tangible Book Value Per Share	-	4.46	5.4	8.32	9.7
Total Debt	75.54M	87.4M	295M	360M	232M
Net Debt	-82.23M	-1.58B	-1.27B	-1.8B	-2.32B
Debt Equivalent Oper. Leases	-	-	-	-	111M
Minority Interest, Total (Incl. Fin. Div)	-	756K	13.27M	16.5M	16.92M
Equity Method Investments, Total	-	-	-	1.56M	1.64M
Account Code - Inventory Valuation	-	-	6	6	6
Inventories - Raw Materials, Total	87.39M	300M	410M	318M	261M
Inventories - Work In Process, Total	61.45M	201M	286M	150M	172M
Inventories - Finished Goods, Total	252M	1.65B	5.45B	4.03B	2.73B
Buildings, Total	33.9M	33.9M	70.3M	167M	166M
Machinery, Total	14.6M	36.9M	78.24M	115M	144M
Full Time Employees	-	-	3.76K	2.42K	2.39K
Accumulated Allowance for Doubtful Accounts (Supple)	1.93M	19.86M	59.11M	-	399M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-57.11M	118M	411M	729M	623M
Depreciation & Amortization - CF	4.19M	19.2M	34.21M	46.34M	51.24M
Amortization of Goodwill and Intangible Assets - (CF)	447K	762K	4.77M	6.81M	6.63M
Depreciation & Amortization, Total	4.64M	19.96M	38.99M	53.14M	57.88M
Amortization of Deferred Charges, Total - (CF)	51.3K	2.39M	6.08M	14.89M	15.04M
(Gain) Loss From Sale Of Asset	-	-	-2.18M	204K	-163K
(Gain) Loss on Sale of Investments - (CF)	-2.01M	-6.42M	-14.9M	-39.68M	-52.27M
Asset Writedown & Restructuring Costs	-	137K	216K	125K	61.46M
Provision and Write-off of Bad Debts	2.24M	25.31M	51.54M	175M	177M
Other Operating Activities, Total	12.5M	37.82M	68.94M	151M	87.03M
Change In Accounts Receivable	-361M	-598M	-1.33B	-124M	-183M
Change In Inventories	-304M	-1.76B	-4.01B	1.58B	1.27B
Change In Accounts Payable	563M	1.97B	5.97B	-2.51B	-1.94B
Change In Deferred Taxes	-18.84M	-2.84M	-58.55M	-21.08M	-36.8M
Change in Other Net Operating Assets	1.11M	13.9M	55.76M	71.36M	78.18M
Cash from Operations	-160M	-178M	1.19B	79.54M	159M
Capital Expenditure	-53.94M	-41.28M	-272M	-79.85M	-150M
Sale of Property, Plant, and Equipment	-	-	7.5K	179K	334K
Investment in Marketable and Equity Securities, Total	-100M	-334M	-988M	-593M	-3.02M
Other Investing Activities, Total	-1.92M	-8.86M	8.01M	23.41M	43.82M
Cash from Investing	-156M	-384M	-1.25B	-649M	-108M
Short Term Debt Issued, Total	-	-	-	106M	46.41M
Long-Term Debt Issued, Total	41M	-	220M	220M	67M
Total Debt Issued	41M	-	220M	326M	113M
Long-Term Debt Repaid, Total	-76.1M	-15M	-	-181M	-242M
Total Debt Repaid	-76.1M	-15M	-	-181M	-242M
Issuance of Common Stock	402M	1.17B	-	659M	-
Common Dividends Paid	-3.49M	-584K	-1.73M	-6.35M	-155M
Common & Preferred Stock Dividends Paid	-3.49M	-584K	-1.73M	-6.35M	-155M
Other Financing Activities, Total	14.39M	-13.27M	27.97M	-19.23M	-6.65M
Cash from Financing	378M	1.14B	246M	778M	-290M
Foreign Exchange Rate Adjustments	-335K	-628K	3.36M	-762K	-7.09M
Miscellaneous Cash Flow Adjustments	100	100	-	-	-
Net Change in Cash	61.66M	579M	185M	207M	-247M
Supplemental Items
Cash Income Tax Paid (Refund)	1.28M	60.08M	105M	103M	397M
Levered Free Cash Flow	-	446M	266M	-178M	-14.81M
Unlevered Free Cash Flow	-	449M	269M	-173M	-8.94M
Change In Net Working Capital	-	-383M	-202M	719M	421M
Net Debt Issued / Repaid	-35.1M	-15M	220M	145M	-128M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	2.34	2.96	4.66	4.03
Return on Total Capital	-	6.89	11.75	15.77	9.98
Return On Equity %	-	12.14	22.54	25.93	16.33
Return on Common Equity	-	12.07	22.03	25.95	16.39
Margin Analysis
Gross Profit Margin %	8.8	30.89	28.46	25.65	28.39
SG&A Margin	44.91	10.07	10.04	5.46	6.47
EBITDA Margin %	-74.95	9.72	13.61	14.38	12.67
EBITA Margin %	-76.08	9.31	13.23	14	12.14
EBIT Margin %	-76.51	9.25	13.07	13.88	12.02
Income From Continuing Operations Margin %	-55.14	9.4	14.22	12.79	11.41
Net Income Margin %	-55.14	9.34	13.85	12.73	11.4
Net Avail. For Common Margin %	-55.14	9.34	13.85	12.73	11.4
Normalized Net Income Margin	-50.47	5.46	8.47	9.02	7.82
Levered Free Cash Flow Margin	-	35.21	8.97	-3.11	-0.27
Unlevered Free Cash Flow Margin	-	35.43	9.05	-3.02	-0.16
Asset Turnover
Asset Turnover	-	0.4	0.36	0.54	0.54
Fixed Assets Turnover	-	9.22	13.24	18.32	16.54
Receivables Turnover (Average Receivables)	-	2.48	2.43	3.25	2.18
Inventory Turnover (Average Inventory)	-	0.71	0.52	0.82	1.06
Short Term Liquidity
Current Ratio	1.25	1.39	1.09	1.35	1.5
Quick Ratio	0.65	0.69	0.37	0.63	0.96
Operating Cash Flow to Current Liabilities	-0.22	-0.05	0.13	0.01	0.03
Days Sales Outstanding (Average Receivables)	-	147.32	150.24	112.49	167.1
Days Outstanding Inventory (Average Inventory)	-	516.48	701.47	446.36	342.82
Average Days Payable Outstanding	-	112.09	119.28	320.44	270.21
Cash Conversion Cycle (Average Days)	-	551.71	732.43	238.41	239.71
Long Term Solvency
Total Debt/Equity	23.01	5.36	13.96	10.17	5.66
Total Debt / Total Capital	18.71	5.08	12.25	9.23	5.36
LT Debt/Equity	16.78	4.56	4.4	6.29	2.46
Long-Term Debt / Total Capital	13.64	4.33	3.86	5.71	2.33
Total Liabilities / Total Assets	71.11	68.19	81.19	64.98	60.06
EBIT / Interest Expense	-16.26	25.69	102.1	91.87	69.86
EBITDA / Interest Expense	-15.31	30.07	112.37	98	76.02
(EBITDA - Capex) / Interest Expense	-26.38	21.01	40.7	88.78	60.1
Total Debt / EBITDA	-1.01	0.64	0.69	0.42	0.32
Net Debt / EBITDA	1.1	-11.5	-2.98	-2.12	-3.25
Total Debt / (EBITDA - Capex)	-0.59	0.91	1.91	0.47	0.41
Net Debt / (EBITDA - Capex)	0.64	-16.46	-8.22	-2.34	-4.11
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	1.12K	134.32	93.12	-4.64
Gross Profit, 1 Yr. Growth %	-	4.19K	115.89	87.43	5.52
EBITDA, 1 Yr. Growth %	-	-258.48	228.04	104.13	-16.13
EBITA, 1 Yr. Growth %	-	-249.53	233.12	104.35	-17.45
EBIT, 1 Yr. Growth %	-	-247.73	231.21	105.11	-17.45
Earnings From Cont. Operations, 1 Yr. Growth %	-	-308.32	254.62	73.62	-14.92
Net Income, 1 Yr. Growth %	-	-307	247.49	77.53	-14.6
Normalized Net Income, 1 Yr. Growth %	-	-232.19	263.7	106.23	-17.31
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	242.42	73.45	-21.43
Accounts Receivable, 1 Yr. Growth %	-	118.06	147.81	3.03	80.05
Inventory, 1 Yr. Growth %	-	464.55	187.79	-28.39	-30.48
Net Property, Plant and Equip., 1 Yr. Growth %	-	43.85	76.48	18.69	-5.47
Total Assets, 1 Yr. Growth %	-	351.55	118.76	-9.93	1.34
Tangible Book Value, 1 Yr. Growth %	-	440.6	23.14	71.18	16.65
Common Equity, 1 Yr. Growth %	-	396.91	28.6	67.97	15.64
Cash From Operations, 1 Yr. Growth %	-	11.39	-767.82	-93.31	99.84
Capital Expenditures, 1 Yr. Growth %	-	-23.46	559.33	-70.66	87.38
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-40.28	-167.09	-91.7
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-40.13	-164.48	-94.83
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-16.22
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	435.13	112.72	35.7
Gross Profit, 2 Yr. CAGR %	-	-	862.46	93.85	40.63
EBITDA, 2 Yr. CAGR %	-	-	128.01	158.77	30.94
EBITA, 2 Yr. CAGR %	-	-	123.19	160.91	29.98
EBIT, 2 Yr. CAGR %	-	-	121.2	160.64	30.12
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	171.8	148.14	21.54
Net Income, 2 Yr. CAGR %	-	-	168.2	148.38	23.13
Normalized Net Income, 2 Yr. CAGR %	-	-	119.27	173.46	30.53
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	143.71	16.74
Accounts Receivable, 2 Yr. CAGR %	-	-	132.46	59.79	36.2
Inventory, 2 Yr. CAGR %	-	-	303.08	43.56	-29.44
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	59.33	44.73	5.92
Total Assets, 2 Yr. CAGR %	-	-	214.3	40.37	-4.46
Tangible Book Value, 2 Yr. CAGR %	-	-	158.01	45.18	41.31
Common Equity, 2 Yr. CAGR %	-	-	152.79	46.97	39.37
Cash From Operations, 2 Yr. CAGR %	-	-	172.75	-33.14	-63.43
Capital Expenditures, 2 Yr. CAGR %	-	-	124.65	39.07	-25.86
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-36.73	-76.4
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-37.9	-81.75
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	280.99	62.8
Gross Profit, 3 Yr. CAGR %	-	-	-	444.28	58.28
EBITDA, 3 Yr. CAGR %	-	-	-	119.75	77.84
EBITA, 3 Yr. CAGR %	-	-	-	116.72	77.88
EBIT, 3 Yr. CAGR %	-	-	-	115.7	77.67
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	134.08	73.68
Net Income, 3 Yr. CAGR %	-	-	-	133.74	74.01
Normalized Net Income, 3 Yr. CAGR %	-	-	-	114.62	83.49
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-	67.11
Accounts Receivable, 3 Yr. CAGR %	-	-	-	77.24	66.28
Inventory, 3 Yr. CAGR %	-	-	-	126.6	12.73
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	44.43	25.57
Total Assets, 3 Yr. CAGR %	-	-	-	107.21	25.92
Tangible Book Value, 3 Yr. CAGR %	-	-	-	125.03	34.97
Common Equity, 3 Yr. CAGR %	-	-	-	120.59	35.68
Cash From Operations, 3 Yr. CAGR %	-	-	-	-20.74	-3.69
Capital Expenditures, 3 Yr. CAGR %	-	-	-	13.97	53.6
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-67.85
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-72.89