High Templar Tech Limited Sponsored ADR (HTT) Balance Sheet

NYSE: HTTAssets, liabilities, debt and equity over 10 years.

HTT balance sheet, 2025

December 31, 2025 · Chinese yuan

CN¥13.62B assets = CN¥2.03B liabilities + CN¥11.59B equity

Both columns are drawn to the same scale: what HTT owns equals what it owes plus shareholders’ equity. Hover a block for its value.

HTT financial health

Current ratio6.22

Comfortable · current assets cover current liabilities 6.22×

Debt / equity0.14

Low leverage · CN¥0.14 of debt for each $1 of equity

Equity / assets85.4%

Equity-funded · of assets funded by shareholders

Cash / debt621.2%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles0.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

HTT balance sheet trends, 2016–2025

High Templar Tech Limited Sponsored ADR balance sheet trends
Metric	Then	Latest	Change
Total assets	CN¥7.12B2016	CN¥13.62B2025	+7.5%/yr
Total liabilities	CN¥10.55B2016	CN¥2.03B2025	−16.7%/yr
Shareholders’ equity	CN¥2.51B2016	CN¥11.64B2025	+18.6%/yr
Cash & short-term investments	CN¥1.22B2016	CN¥9.83B2025	+26.1%/yr
Total debt	CN¥4.26B2016	CN¥1.58B2025	−10.4%/yr
Net cash (debt)	−CN¥3.04B2016	CN¥8.24B2025	+CN¥11.3B
Working capital	CN¥2.40B2016	CN¥8.25B2025	+CN¥5.8B
Current ratio	1.532016	6.222025	+4.69
Debt / equity	1.692016	0.142025	−1.56
Shares outstanding	329.9M2016	157.9M2025	−7.9%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

HTT assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

HTT liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

HTT debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

HTT balance sheet in Chinese yuan

High Templar Tech Limited Sponsored ADR annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	CN¥9.83B	CN¥7.39B	CN¥9.40B	CN¥8.88B	CN¥7.99B	CN¥6.58B	CN¥3.09B	CN¥2.50B	CN¥7.13B	CN¥1.22B
Cash & equivalents	CN¥7.06B	CN¥4.26B	CN¥7.21B	CN¥3.50B	CN¥2.07B	CN¥1.54B	CN¥2.86B	CN¥2.50B	CN¥6.83B	CN¥785.8M
Short-term investments	CN¥2.77B	CN¥3.13B	CN¥2.20B	CN¥5.38B	CN¥5.93B	CN¥5.04B	CN¥231.1M	—	CN¥300.0M	CN¥430.2M
Receivables	CN¥5.4M	CN¥266.0M	CN¥354.3M	CN¥1.4M	CN¥3.61B	CN¥654.5M	CN¥11.75B	CN¥10.75B	CN¥9.32B	CN¥5.40B
Inventory	CN¥54.7M	CN¥10.7M	CN¥10.4M	CN¥116.7M	CN¥15.2M	CN¥91.9M	CN¥8.9M	CN¥128.0M	CN¥0	CN¥0
Other current assets	CN¥0	CN¥2.47B	CN¥390.9M	CN¥2.06B	CN¥600.0M	CN¥4.36B	CN¥2.17B	CN¥1.11B	CN¥2.74B	CN¥312.1M
Total current assets	CN¥9.83B	CN¥10.14B	CN¥10.16B	CN¥11.06B	CN¥12.22B	CN¥11.69B	CN¥17.02B	CN¥14.49B	CN¥19.19B	CN¥6.93B
Property, plant & equipment (net)	CN¥1.77B	CN¥1.74B	CN¥1.47B	CN¥877.0M	CN¥959.7M	CN¥513.9M	CN¥241.7M	CN¥26.2M	CN¥4.6M	CN¥4.9M
Goodwill & intangible assets	CN¥1.6M	CN¥2.2M	CN¥3.1M	CN¥9.7M	CN¥11.0M	CN¥8.5M	CN¥6.8M	CN¥113.8M	CN¥5.9M	CN¥128,299
Long-term investments	CN¥199.3M	CN¥225.1M	CN¥347.4M	CN¥350.1M	CN¥371.6M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥1.82B	CN¥353.4M	CN¥498.8M	CN¥451.1M	CN¥530.7M	CN¥1.19B	CN¥1.09B	CN¥1.62B	CN¥184.3M	CN¥183.6M
Total assets	CN¥13.62B	CN¥12.46B	CN¥12.48B	CN¥12.75B	CN¥14.09B	CN¥13.40B	CN¥18.36B	CN¥16.25B	CN¥19.38B	CN¥7.12B
Liabilities
Accounts payable	CN¥174.0M	CN¥135.2M	CN¥135.6M	CN¥107.9M	CN¥109.8M	CN¥50.4M	CN¥88.9M	CN¥109.8M	CN¥130.9M	CN¥91.5M
Short-term debt	CN¥1.59B	CN¥738.7M	CN¥29.9M	CN¥35.4M	CN¥74.9M	CN¥47.5M	CN¥1.07B	CN¥3.86B	CN¥7.98B	CN¥4.18B
Deferred revenue	—	—	—	—	—	CN¥367.1M	—	—	—	—
Total current liabilities	CN¥1.58B	CN¥1.12B	CN¥754.5M	CN¥584.9M	CN¥493.5M	CN¥472.6M	CN¥3.90B	CN¥5.02B	CN¥9.33B	CN¥4.53B
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥116.2M	CN¥826.7M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Lease obligations	CN¥4.9M	CN¥67.4M	CN¥69.7M	CN¥6.7M	CN¥206.3M	—	—	—	—	—
Other long-term liabilities	CN¥453.4M	CN¥48.7M	CN¥39.8M	CN¥2.5M	CN¥247.4M	CN¥1.02B	CN¥2.54B	CN¥413.4M	CN¥510.0M	CN¥6.02B
Total liabilities	CN¥2.03B	CN¥1.17B	CN¥794.2M	CN¥703.7M	CN¥1.57B	CN¥1.49B	CN¥6.44B	CN¥5.43B	CN¥9.84B	CN¥10.55B
Shareholders' equity
Common stock & paid-in capital	CN¥176,108	CN¥175,888	CN¥175,888	CN¥176,000	CN¥175,888	CN¥176,000	CN¥175,474	CN¥205,278	CN¥220,976	CN¥54,754
Retained earnings (deficit)	CN¥9.38B	CN¥8.67B	CN¥8.58B	CN¥8.54B	CN¥8.90B	CN¥8.32B	CN¥8.33B	CN¥5.07B	CN¥2.47B	−CN¥3.51B
Accumulated other comprehensive income	−CN¥55.2M	CN¥13.8M	−CN¥24.1M	−CN¥46.0M	−CN¥59.0M	−CN¥51.4M	−CN¥13.0M	−CN¥44.9M	−CN¥77.9M	—
Minority interest	—	—	—	CN¥0	—	—	—	—	—	—
Total shareholders' equity	CN¥11.64B	CN¥11.29B	CN¥11.69B	CN¥12.04B	CN¥12.52B	CN¥11.90B	CN¥11.92B	CN¥10.82B	CN¥9.54B	CN¥2.51B
Key figures
Total debt	CN¥1.58B	CN¥787.4M	CN¥69.7M	CN¥152.0M	CN¥1.03B	CN¥1.03B	CN¥3.43B	CN¥4.27B	CN¥8.49B	CN¥4.26B
Net cash (debt)	CN¥8.24B	CN¥6.60B	CN¥9.33B	CN¥8.73B	CN¥6.96B	CN¥5.55B	−CN¥340.7M	−CN¥1.77B	−CN¥1.36B	−CN¥3.04B
Working capital	CN¥8.25B	CN¥9.02B	CN¥9.41B	CN¥10.47B	CN¥11.72B	CN¥11.22B	CN¥13.13B	CN¥9.47B	CN¥9.86B	CN¥2.40B
Tangible book value	CN¥11.64B	CN¥11.29B	CN¥11.68B	CN¥12.03B	CN¥12.51B	CN¥11.89B	CN¥11.92B	CN¥10.71B	CN¥9.53B	CN¥2.51B
Shares outstanding	157.9M	187.8M	220.5M	246.0M	266.3M	274.3M	300.5M	322.0M	305.2M	329.9M
Current ratio	6.22	9.02	13.47	18.91	24.76	24.74	4.37	2.89	2.06	1.53
Quick ratio	6.22	6.81	12.93	15.18	23.51	15.31	3.81	2.64	1.76	1.46
Debt / equity	0.14	0.07	0.01	0.01	0.08	0.09	0.29	0.39	0.89	1.69
Equity / assets	85.4%	90.6%	93.6%	94.5%	88.8%	88.8%	64.9%	66.6%	49.2%	35.3%

High Templar Tech Limited Sponsored ADR quarterly balance sheet
	Sep '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Sep '23	Jun '23
Assets
Cash & short-term investments	CN¥6.50B	CN¥6.50B	CN¥9.83B	CN¥9.82B	CN¥8.64B	CN¥8.46B	CN¥7.39B	CN¥7.32B	CN¥8.89B	CN¥8.98B	CN¥9.70B	CN¥8.79B
Cash & equivalents	CN¥3.81B	CN¥3.81B	CN¥7.06B	CN¥7.01B	CN¥4.03B	CN¥4.82B	CN¥4.26B	CN¥4.85B	CN¥4.85B	CN¥7.04B	CN¥7.23B	CN¥5.01B
Short-term investments	CN¥2.69B	CN¥2.69B	CN¥2.77B	CN¥2.81B	CN¥4.61B	CN¥3.63B	CN¥3.13B	CN¥2.47B	CN¥4.04B	CN¥1.94B	CN¥2.47B	CN¥3.78B
Receivables	CN¥0	CN¥5.4M	CN¥5.4M	CN¥6.5M	CN¥9.2M	CN¥15.1M	CN¥34.3M	CN¥38.5M	CN¥39.4M	CN¥36.1M	CN¥25.8M	CN¥0
Inventory	CN¥0	CN¥0	CN¥54.7M	CN¥0	CN¥0	CN¥10.7M	CN¥10.7M	CN¥0	CN¥0	CN¥53.6M	CN¥0	CN¥0
Other current assets	CN¥4.52B	CN¥4.51B	CN¥0	CN¥1.81B	CN¥1.75B	CN¥1.89B	CN¥2.70B	CN¥2.88B	CN¥667.3M	CN¥733.4M	CN¥744.7M	CN¥2.14B
Total current assets	CN¥11.02B	CN¥11.02B	CN¥9.83B	CN¥11.64B	CN¥10.39B	CN¥10.37B	CN¥10.14B	CN¥10.24B	CN¥9.60B	CN¥9.80B	CN¥10.47B	CN¥10.93B
Property, plant & equipment (net)	CN¥1.76B	CN¥1.76B	CN¥1.77B	CN¥1.83B	CN¥1.85B	CN¥1.71B	CN¥1.74B	CN¥1.61B	CN¥1.57B	CN¥1.50B	CN¥1.33B	CN¥1.17B
Goodwill & intangible assets	CN¥1.3M	CN¥1.3M	CN¥1.6M	CN¥1.8M	CN¥1.9M	CN¥2.1M	CN¥0	CN¥1.7M	CN¥2.8M	CN¥2.9M	CN¥3.3M	CN¥3.5M
Long-term investments	CN¥0	CN¥0	CN¥199.3M	CN¥223.3M	CN¥223.4M	CN¥225.0M	CN¥225.1M	CN¥232.7M	CN¥0	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥1.28B	CN¥1.28B	CN¥1.82B	CN¥263.6M	CN¥280.1M	CN¥345.4M	CN¥355.6M	CN¥459.3M	CN¥830.6M	CN¥982.2M	CN¥857.6M	CN¥795.7M
Total assets	CN¥14.06B	CN¥14.06B	CN¥13.62B	CN¥13.95B	CN¥12.75B	CN¥12.65B	CN¥12.46B	CN¥12.55B	CN¥12.00B	CN¥12.29B	CN¥12.65B	CN¥12.90B
Liabilities
Accounts payable	—	CN¥174.0M	CN¥174.0M	—	—	CN¥135.2M	CN¥135.2M	—	—	CN¥135.6M	—	—
Short-term debt	CN¥1.58B	CN¥1.58B	CN¥1.59B	CN¥1.58B	CN¥727.4M	CN¥733.0M	—	CN¥739.9M	CN¥19.8M	CN¥19.9M	CN¥30.3M	CN¥6.8M
Deferred revenue	—	—	—	—	—	—	—	—	—	CN¥196.8M	—	—
Total current liabilities	CN¥2.30B	CN¥2.30B	CN¥1.58B	CN¥2.00B	CN¥1.14B	CN¥1.27B	CN¥1.12B	CN¥1.05B	CN¥496.8M	CN¥788.7M	CN¥654.6M	CN¥555.3M
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Lease obligations	—	—	CN¥4.9M	CN¥10.6M	CN¥12.5M	CN¥33.8M	CN¥67.4M	CN¥71.5M	—	—	—	—
Other long-term liabilities	CN¥680.3M	CN¥680.3M	CN¥453.4M	CN¥3.9M	CN¥32.6M	CN¥20.8M	CN¥48.7M	CN¥51.7M	CN¥51.4M	CN¥49.7M	CN¥50.6M	CN¥2.6M
Total liabilities	CN¥2.98B	CN¥2.98B	CN¥2.03B	CN¥2.00B	CN¥1.17B	CN¥1.29B	CN¥1.17B	CN¥1.10B	CN¥548.3M	CN¥838.4M	CN¥705.2M	CN¥557.9M
Shareholders' equity
Common stock & paid-in capital	CN¥176,000	CN¥176,000	CN¥176,108	CN¥176,000	CN¥176,000	CN¥176,000	—	CN¥176,000	CN¥176,000	CN¥176,000	CN¥176,000	CN¥176,000
Retained earnings (deficit)	CN¥9.80B	CN¥9.80B	CN¥9.38B	CN¥9.54B	CN¥9.13B	CN¥8.82B	CN¥8.67B	CN¥8.74B	CN¥8.60B	CN¥8.50B	CN¥8.70B	CN¥8.88B
Accumulated other comprehensive income	−CN¥116.6M	−CN¥116.6M	−CN¥55.2M	−CN¥26.2M	−CN¥7.5M	CN¥4.4M	—	−CN¥46.6M	CN¥14.4M	−CN¥55,000	CN¥13.9M	CN¥15.4M
Total shareholders' equity	CN¥11.08B	CN¥11.08B	CN¥11.64B	CN¥11.95B	CN¥11.58B	CN¥11.36B	CN¥11.29B	CN¥11.45B	CN¥11.45B	CN¥11.45B	CN¥11.95B	CN¥12.35B
Key figures
Total debt	CN¥2.26B	CN¥2.26B	CN¥1.58B	CN¥1.59B	CN¥732.5M	CN¥753.8M	—	CN¥791.5M	CN¥71.2M	CN¥69.6M	CN¥80.9M	CN¥9.4M
Net cash (debt)	CN¥4.24B	CN¥4.24B	CN¥8.24B	CN¥8.23B	CN¥7.91B	CN¥7.70B	—	CN¥6.53B	CN¥8.82B	CN¥8.91B	CN¥9.61B	CN¥8.78B
Working capital	CN¥8.72B	CN¥8.72B	CN¥8.25B	CN¥9.64B	CN¥9.26B	CN¥9.10B	CN¥9.02B	CN¥9.20B	CN¥9.10B	CN¥9.02B	CN¥9.81B	CN¥10.38B
Tangible book value	CN¥11.08B	CN¥11.08B	CN¥11.64B	CN¥11.95B	CN¥11.58B	CN¥11.36B	CN¥11.29B	CN¥11.45B	CN¥11.45B	CN¥11.45B	CN¥11.95B	CN¥12.34B
Shares outstanding	—	157.9M	157.9M	167.5M	167.5M	187.8M	168.7M	185.1M	189.7M	199.6M	214.7M	226.4M
Current ratio	4.80	4.80	6.22	5.83	9.13	8.15	9.02	9.78	19.31	12.43	15.99	19.69
Quick ratio	2.83	2.83	6.22	4.92	7.60	6.65	6.61	7.03	17.97	11.43	14.85	15.83
Debt / equity	0.20	0.20	0.14	0.13	0.06	0.07	—	0.07	0.01	0.01	0.01	0.00
Equity / assets	78.8%	78.8%	85.4%	85.7%	90.8%	89.8%	90.6%	91.2%	95.4%	93.2%	94.4%	95.7%

Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed April 10, 2026); data from EODHD.

HTT financial position

At the end of fiscal 2025 (December 31, 2025), High Templar Tech Limited Sponsored ADR had total assets of CN¥13.6 billion (up 9.3% from a year earlier), total liabilities of CN¥2.0 billion and shareholders' equity of CN¥11.6 billion. It held CN¥9.8 billion in cash and short-term investments against CN¥1.6 billion of debt, a net cash position of CN¥8.2 billion. Its current ratio was 6.22. In the latest quarter (ended September 30, 2026) total assets were CN¥14.1 billion and equity CN¥11.1 billion.

Related: HTT income statement, HTT cash flow statement, HTT key metrics. See the HTT stock overview for the latest quote and news.

HTT balance sheet FAQ

What are High Templar Tech Limited Sponsored ADR's total assets?

High Templar Tech Limited Sponsored ADR reported total assets of CN¥13.6 billion at the end of fiscal 2025 (December 31, 2025), compared with CN¥12.5 billion a year earlier.

How much debt does High Templar Tech Limited Sponsored ADR have?

High Templar Tech Limited Sponsored ADR had CN¥1.6 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.14.

How much cash does High Templar Tech Limited Sponsored ADR have?

High Templar Tech Limited Sponsored ADR held CN¥9.8 billion in cash and short-term investments at the end of fiscal 2025; with CN¥1.6 billion of debt that is net cash of CN¥8.2 billion.

What is High Templar Tech Limited Sponsored ADR's book value?

High Templar Tech Limited Sponsored ADR's shareholders' equity (book value) was CN¥11.6 billion at the end of fiscal 2025.

What is High Templar Tech Limited Sponsored ADR's current ratio?

High Templar Tech Limited Sponsored ADR had current assets of CN¥9.8 billion and current liabilities of CN¥1.6 billion, a current ratio of 6.22 (it can cover its short-term obligations).

How much goodwill does High Templar Tech Limited Sponsored ADR have?

High Templar Tech Limited Sponsored ADR carried CN¥1.6 million of goodwill and intangible assets, 0.0% of total assets, at the end of fiscal 2025.