Lianhe Sowell International Group Ltd (LHSW) Balance Sheet
LHSW balance sheet, FY2026
March 31, 2026 · U.S. dollars$41.0M assets = $27.0M liabilities + $14.0M equity
Both columns are drawn to the same scale: what LHSW owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LHSW financial health
Descriptive bands, not a rating. Fiscal FY2026.
LHSW balance sheet trends, FY2022–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.7MFY2022 | $41.0MFY2026 | +98.2%/yr | |
| Total liabilities | $1.3MFY2022 | $27.0MFY2026 | +112.1%/yr | |
| Shareholders’ equity | $1.3MFY2022 | $13.9MFY2026 | +80.0%/yr | |
| Cash & short-term investments | $150,317FY2022 | $1.9MFY2026 | +88.2%/yr | |
| Total debt | $312,781FY2022 | $8.1MFY2026 | +125.9%/yr | |
| Net cash (debt) | −$162,464FY2022 | −$6.3MFY2026 | −$6.1M | |
| Working capital | $1.2MFY2022 | $1.8MFY2026 | +$568,951 | |
| Book value per share | $0.42FY2022 | $3.71FY2025 | +106.3%/yr | |
| Current ratio | 1.96FY2022 | 1.07FY2026 | −0.90 | |
| Debt / equity | 0.24FY2022 | 0.59FY2026 | +0.35 | |
| Shares outstanding | 3.1MFY2022 | 3.1MFY2025 | 0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LHSW assets
LHSW liabilities and equity
LHSW debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LHSW balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $1.9M | $108,745 | $206,187 | $752,007 | $150,317 |
| Cash & equivalents | $1.9M | $108,745 | $206,187 | $752,007 | $150,317 |
| Receivables | $24.8M | $20.6M | $14.4M | $8.1M | $2.0M |
| Inventory | $821,126 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $2.4M | $870,811 | $106,977 | $271,997 |
| Total current assets | $27.5M | $23.1M | $15.5M | $9.0M | $2.4M |
| Property, plant & equipment (net) | $1.2M | $188,000 | $454,057 | $35,195 | $51,579 |
| Goodwill & intangible assets | $46,110 | $42,321 | $11,566 | $9,418 | $10,260 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $12.3M | $7.4M | $3.2M | $230,886 | $174,397 |
| Total assets | $41.0M | $30.7M | $19.1M | $9.2M | $2.7M |
| Liabilities | |||||
| Accounts payable | $10.2M | $11.8M | $4.8M | $3.2M | $198,295 |
| Short-term debt | $6.8M | $2.2M | $2.1M | $693,024 | $209,549 |
| Deferred revenue | — | — | $795,130 | $7,149 | $720,079 |
| Total current liabilities | $25.7M | $18.7M | $10.9M | $5.8M | $1.2M |
| Long-term debt | $715,874 | $425,676 | $289,323 | $218,139 | $103,232 |
| Lease obligations | $1.1M | $123,645 | $372,103 | $0 | $6,742 |
| Other long-term liabilities | $595,814 | $0 | $113,394 | $0 | $0 |
| Total liabilities | $27.0M | $19.1M | $11.3M | $6.0M | $1.3M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $5,300 | $5,000 | $5,000 | $5,000 | $5,000 |
| Retained earnings (deficit) | $1.3M | $7.0M | $4.0M | $1.3M | −$260,585 |
| Accumulated other comprehensive income | $750,741 | $222,106 | $152,562 | $180,568 | $280,577 |
| Minority interest | $102,386 | $57,753 | −$150 | −$61 | — |
| Total shareholders' equity | $13.9M | $11.6M | $7.8M | $3.2M | $1.3M |
| Key figures | |||||
| Total debt | $8.1M | $2.6M | $2.5M | $911,163 | $312,781 |
| Net cash (debt) | −$6.3M | −$2.5M | −$2.3M | −$159,156 | −$162,464 |
| Working capital | $1.8M | $4.4M | $4.6M | $3.2M | $1.2M |
| Tangible book value | $13.8M | $11.6M | $7.8M | $3.2M | $1.3M |
| Book value per share | — | $3.71 | $2.51 | $1.04 | $0.42 |
| Shares outstanding | — | 3.1M | 3.1M | 3.1M | 3.1M |
| Current ratio | 1.07 | 1.24 | 1.42 | 1.55 | 1.96 |
| Quick ratio | 1.04 | 1.11 | 1.34 | 1.53 | 1.74 |
| Debt / equity | 0.59 | 0.23 | 0.32 | 0.28 | 0.24 |
| Equity / assets | 33.8% | 37.7% | 41.0% | 35.2% | 49.7% |
| Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Mar '24 | Sep '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & short-term investments | $1.9M | $1.9M | $90,608 | $108,745 | $108,745 | $126,300 | $206,187 | $184,490 | $752,007 |
| Cash & equivalents | $1.9M | $1.9M | $90,608 | $108,745 | $108,745 | $126,300 | $206,187 | $184,490 | $752,007 |
| Receivables | $16.6M | $15.0M | $19.8M | $20.6M | $19.1M | $15.1M | $14.4M | $12.6M | $8.1M |
| Inventory | $821,126 | $821,126 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $8.1M | $9.8M | $7.2M | $2.4M | $3.8M | $995,322 | $870,811 | $344,724 | $106,977 |
| Total current assets | $27.5M | $27.5M | $27.1M | $23.1M | $23.1M | $16.3M | $15.5M | $13.1M | $9.0M |
| Property, plant & equipment (net) | $1.2M | $1.2M | $952,290 | $188,000 | $188,001 | $351,190 | $454,057 | $31,200 | $35,195 |
| Goodwill & intangible assets | $46,110 | $46,110 | $43,828 | $42,321 | $42,321 | $27,618 | $11,566 | $7,944 | $9,418 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $12.3M | $12.3M | $11.1M | $7.4M | $7.4M | $4.8M | $3.2M | $1.4M | $230,886 |
| Total assets | $41.0M | $41.0M | $39.2M | $30.7M | $30.7M | $21.4M | $19.1M | $14.5M | $9.2M |
| Liabilities | |||||||||
| Accounts payable | $10.2M | $10.2M | $10.6M | $11.8M | $11.8M | $4.7M | $4.8M | $6.1M | $3.2M |
| Short-term debt | $6.8M | — | $2.9M | $2.2M | — | $2.3M | $2.1M | $746,985 | $693,024 |
| Deferred revenue | $959,003 | — | — | — | — | $1.1M | $795,130 | $3,395 | $7,149 |
| Total current liabilities | $25.7M | $25.7M | $21.5M | $18.7M | $18.7M | $11.3M | $10.9M | $7.9M | $5.8M |
| Long-term debt | $0 | $715,874 | $48,072 | $0 | $425,676 | $322,108 | $289,323 | $286,321 | $0 |
| Lease obligations | — | $1.1M | $784,738 | — | $123,645 | $278,325 | $372,103 | — | — |
| Other long-term liabilities | $1.3M | $595,814 | $363,388 | $425,676 | $0 | $0 | $113,394 | $0 | $218,139 |
| Total liabilities | $27.0M | $27.0M | $21.9M | $19.1M | $19.1M | $11.6M | $11.3M | $8.2M | $6.0M |
| Shareholders' equity | |||||||||
| Common stock & paid-in capital | $5,300 | — | $5,200 | $5,000 | — | $5,000 | $5,000 | $5,000 | $5,000 |
| Retained earnings (deficit) | $1.3M | $1.3M | $6.3M | $7.0M | $7.0M | $5.3M | $4.0M | $2.9M | $1.3M |
| Accumulated other comprehensive income | $750,741 | — | $446,895 | $222,106 | — | $432,994 | $152,562 | −$53,915 | $180,568 |
| Minority interest | — | $102,386 | $104,399 | — | $57,753 | — | — | — | — |
| Total shareholders' equity | $13.9M | $13.9M | $17.2M | $11.6M | $11.6M | $9.8M | $7.8M | $6.3M | $3.2M |
| Key figures | |||||||||
| Total debt | $8.1M | $715,874 | $3.3M | $2.6M | $425,676 | $2.6M | $2.5M | $1.0M | $911,163 |
| Net cash (debt) | −$6.3M | $1.2M | −$3.2M | −$2.5M | −$316,931 | −$2.5M | −$2.3M | −$848,816 | −$159,156 |
| Working capital | $1.8M | $1.8M | $5.6M | $4.4M | $4.4M | $5.0M | $4.6M | $5.1M | $3.2M |
| Tangible book value | $13.8M | $13.8M | $17.2M | $11.6M | $11.6M | $9.8M | $7.8M | $6.3M | $3.2M |
| Book value per share | $4.19 | — | $5.30 | — | $3.57 | $0.19 | $0.16 | $0.13 | — |
| Shares outstanding | 3.3M | — | 3.2M | — | 3.2M | 52.0M | 50.0M | 50.0M | — |
| Current ratio | 1.07 | 1.07 | 1.26 | 1.24 | 1.24 | 1.44 | 1.42 | 1.65 | 1.55 |
| Quick ratio | 0.72 | 0.66 | 0.93 | 1.11 | 1.03 | 1.35 | 1.34 | 1.60 | 1.53 |
| Debt / equity | 0.59 | 0.05 | 0.19 | 0.23 | 0.04 | 0.27 | 0.32 | 0.17 | 0.28 |
| Equity / assets | 33.8% | 33.8% | 43.9% | 37.7% | 37.7% | 45.8% | 41.0% | 43.2% | 35.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 13, 2026); data from EODHD.
LHSW financial position
At the end of fiscal 2026 (March 31, 2026), Lianhe Sowell International had total assets of $41.0 million (up 33.4% from a year earlier), total liabilities of $27.0 million and shareholders' equity of $13.9 million. It held $1.9 million in cash and short-term investments against $8.1 million of debt, net debt of $6.3 million. Its current ratio was 1.07. In the latest quarter (ended June 30, 2026) total assets were $41.0 million and equity $13.9 million.
Related: LHSW income statement, LHSW cash flow statement, LHSW key metrics. See the LHSW stock overview for the latest quote and news.
LHSW balance sheet FAQ
What are Lianhe Sowell International's total assets?
Lianhe Sowell International reported total assets of $41.0 million at the end of fiscal 2026 (March 31, 2026), compared with $30.7 million a year earlier.
How much debt does Lianhe Sowell International have?
Lianhe Sowell International had $8.1 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.59.
How much cash does Lianhe Sowell International have?
Lianhe Sowell International held $1.9 million in cash and short-term investments at the end of fiscal 2026; with $8.1 million of debt that is net debt of $6.3 million.
What is Lianhe Sowell International's book value?
Lianhe Sowell International's shareholders' equity (book value) was $13.9 million at the end of fiscal 2026.
What is Lianhe Sowell International's current ratio?
Lianhe Sowell International had current assets of $27.5 million and current liabilities of $25.7 million, a current ratio of 1.07 (it can cover its short-term obligations).
How much goodwill does Lianhe Sowell International have?
Lianhe Sowell International carried $0.0 million of goodwill and intangible assets, 0.1% of total assets, at the end of fiscal 2026.