LAPLACE Renewable Energy Technology Co. Ltd. Class A

LAPLACE Renewable Energy Technology Co. Ltd. Class A

SSSE:688726
37.76
CNY
+0.45
(+1.21%)
21.42BMarket Cap
Oct 30Next Earn
LAPLACE Renewable Energy Technology Co. Ltd. Class A
SSE:688726
(Shanghai Stock Exchange)

Recent

price

37.76

P/E

ratio

- -

div

yld

0.85%

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
CNY
0.11
0.26
3.55
8.16
15.39
13.5
- -
Revenue per Share
-0.13
-0.14
0.33
1.13
1.96
1.54
- -
Basic EPS, GAAP
-0.17
-0.53
-0.61
2.52
- -
0.02
- -
Free Cash Flow per Basic Share
- -
0.01
- -
- -
0.02
0.38
0.32
Dividend per Share
-0.02
0.9
4.47
5.75
8.69
10.05
10.6
Book Value per Share
-0.07
0.81
4.47
5.4
8.32
9.7
10.22
Tangible Book Value per Share
365
405
357
364
372
404
404
Basic Weighted Avg Shares
41
104
1,266
2,966
5,728
5,462
- -
Sales/Revenue/Turnover
-105.41
-61.09
100
17.93
19.78
16.51
- -
Operating Margin (%)
1
5
5
39
54
59
- -
Depreciation Expense
-46
-57
118
411
729
623
- -
Net Income, GAAP
- -
- -
- -
8.09
14.42
12.41
- -
Effective Tax Rate (%)
-112.86
-55.14
9.34
13.85
12.73
11.4
- -
Profit Margin (%)
-7
185
1,316
826
2,202
3,024
2,584
Working Capital
43
55
74
93
223
101
141
LT Debt
-9
328
1,632
2,111
3,540
4,092
4,315
Total Equity
- -
- -
- -
20.26
23.6
14.2
- -
Return on Invested Capital (%)
- -
- -
- -
19.55
23.26
15.25
- -
Return on Capital (%)
- -
- -
12.07
22.03
25.95
16.39
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
180
218
207
LT Borrowings
80
159
128
LT Finance Leases
21
17
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
405
405
405
Market Capitalization
14,592
22,240
21,421

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,051
9,457
12,489
Cash, Cash Equivalents & STI
1,649
1,868
3,930
Accounts Receivable, Net
1,770
1,903
1,815
Inventories
3,013
3,101
3,871
Total Current Liabilities
6,027
6,331
9,904
Payables & Accruals
- -
- -
- -
ST Debt
180
218
207
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-631.74%
15.58%
Free Cash Flow
- -
-698.36%
-3,115.82%
Net Income, GAAP
- -
5.54%
-14.6%
Sales/Revenue/Turnover
- -
299.85%
-4.64%
Total Cash Common Dividend
- -
651.4%
2,348.14%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,063
1,478
1,761
1,426
5,728
2025
1,451
1,611
- -
1,141
5,462
2026
968
1,342
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.48
0.44
0.55
0.38
1.96
2025
0.62
0.36
- -
0.09
1.54
2026
0.3
0.48
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
0.37
- -
- -
0.38
2026
- -
0.32
- -
- -
- -
Business
LAPLACE Renewable Energy Technology Co. Ltd. is a China-based high-tech manufacturing company primarily engaged in the research, development, production, and sale of advanced thermal processing and thin-film deposition equipment for photovoltaic solar cells and third-generation semiconductor materials. Founded in 2016 and headquartered in Shenzhen, Guangdong Province, China, the company operates specialized research, development, and manufacturing facilities across China, providing industrial equipment and engineering solutions to leading clean energy manufacturers and semiconductor device producers across domestic and overseas markets. LAPLACE Renewable Energy Technology Co. Ltd. organizes its core product and service portfolio into: photovoltaic manufacturing equipment, including low-pressure chemical vapor deposition (LPCVD) equipment, boron diffusion furnaces, phosphorus diffusion equipment, oxidation and annealing furnaces, and plasma-enhanced chemical vapor deposition (PECVD) systems engineered for high-efficiency n-type TOPCon, XBC back-contact, and perovskite-silicon tandem solar cell production lines; semiconductor equipment, comprising ultra-high-temperature oxidation furnaces, annealing systems, and chemical vapor deposition equipment designed for third-generation silicon carbide (SiC) and gallium nitride (GaN) power semiconductor substrate and epi-wafer fabrication; automated material handling solutions, encompassing automated wafer loading and unloading equipment, intelligent wafer transfer mechanisms, and factory automation integration systems; and engineering and technical services, including customized equipment engineering, process optimization, on-site installation, commissioning, maintenance, and technical training. In recent developments, the company completed its initial public offering and listed its Class A shares on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange under ticker 688726 in October 2024, deploying capital toward advanced R&D and capacity expansion for next-generation solar and wide-bandgap semiconductor equipment. Additionally, the company has deepened strategic supply partnerships with tier-one photovoltaic module manufacturers to accelerate the commercial mass adoption of advanced back-contact (BC) and tandem cell technologies, while expanding its semiconductor equipment portfolio to support the growing industrialization of silicon carbide power electronics.