Leishen Energy Holding Co., Ltd. (LSE) Balance Sheet
LSE balance sheet, FY2025
September 30, 2025 · U.S. dollars$69.3M assets = $23.9M liabilities + $45.5M equity
Both columns are drawn to the same scale: what LSE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LSE financial health
Descriptive bands, not a rating. Fiscal FY2025.
LSE balance sheet trends, FY2021–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $43.9MFY2021 | $69.3MFY2025 | +12.1%/yr | |
| Total liabilities | $17.8MFY2021 | $23.9MFY2025 | +7.6%/yr | |
| Shareholders’ equity | $25.5MFY2021 | $45.4MFY2025 | +15.5%/yr | |
| Cash & short-term investments | $15.7MFY2021 | $29.8MFY2025 | +17.4%/yr | |
| Total debt | $101,582FY2021 | $3.8MFY2025 | +146.9%/yr | |
| Net cash (debt) | $15.6MFY2021 | $26.0MFY2025 | +$10.5M | |
| Working capital | $23.2MFY2021 | $35.9MFY2025 | +$12.7M | |
| Book value per share | $1.51FY2021 | $2.72FY2025 | +15.8%/yr | |
| Current ratio | 2.39FY2021 | 2.54FY2025 | +0.16 | |
| Debt / equity | 0.00FY2021 | 0.08FY2025 | +0.08 | |
| Shares outstanding | 16.9MFY2021 | 16.7MFY2025 | −0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LSE assets
LSE liabilities and equity
LSE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LSE balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $29.8M | $23.7M | $11.8M | $8.5M | $15.7M |
| Cash & equivalents | $10.2M | $5.8M | $4.6M | $6.3M | $8.3M |
| Short-term investments | $19.7M | $17.9M | $7.2M | $2.3M | $7.4M |
| Receivables | $19.8M | $23.5M | $32.0M | $19.1M | $16.2M |
| Inventory | $3.7M | $5.4M | $7.9M | $3.2M | $1.6M |
| Other current assets | $5.8M | $9.1M | $7.0M | $9.7M | $6.5M |
| Total current assets | $59.1M | $61.7M | $58.8M | $40.6M | $40.0M |
| Property, plant & equipment (net) | $4.2M | $4.8M | $4.6M | $4.2M | $1.6M |
| Goodwill & intangible assets | $121,771 | $140,070 | $152,901 | $15,392 | $19,175 |
| Long-term investments | $0 | $1.8M | $1.7M | $1.6M | $2.3M |
| Other non-current assets | $5.9M | $1.2M | $323,506 | $84,010 | $0 |
| Total assets | $69.3M | $69.6M | $65.5M | $46.5M | $43.9M |
| Liabilities | |||||
| Accounts payable | $7.5M | $10.7M | $11.8M | $4.0M | $4.5M |
| Short-term debt | $3.2M | $119,190 | $1.2M | $1.1M | $101,582 |
| Deferred revenue | $1.3M | $2.3M | $1.5M | $489,745 | $3.7M |
| Total current liabilities | $23.2M | $27.1M | $31.8M | $13.8M | $16.8M |
| Long-term debt | $0 | $1.1M | $49,676 | $163,528 | $0 |
| Lease obligations | $708,944 | $671,026 | $712,064 | $422,485 | $101,582 |
| Other long-term liabilities | $5.2M | $910,248 | $1.8M | $2.9M | $1.1M |
| Total liabilities | $23.9M | $29.2M | $33.7M | $16.8M | $17.8M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $17,025 | $15,500 | $15,500 | $15,500 | $15,500 |
| Retained earnings (deficit) | $38.2M | $37.3M | $29.4M | $18.8M | $13.2M |
| Accumulated other comprehensive income | $678,994 | $829,620 | −$181,160 | −$1.9M | $527,056 |
| Minority interest | $24,765 | $668,921 | $953,289 | $1.1M | — |
| Total shareholders' equity | $45.4M | $39.8M | $30.8M | $28.6M | $25.5M |
| Key figures | |||||
| Total debt | $3.8M | $1.8M | $1.9M | $1.5M | $101,582 |
| Net cash (debt) | $26.0M | $21.8M | $10.0M | $7.0M | $15.6M |
| Working capital | $35.9M | $34.6M | $26.9M | $26.9M | $23.2M |
| Tangible book value | $45.3M | $39.6M | $30.7M | $28.6M | $25.5M |
| Book value per share | $2.72 | $2.36 | $1.83 | $1.69 | $1.51 |
| Shares outstanding | 16.7M | 16.9M | 16.9M | 16.9M | 16.9M |
| Current ratio | 2.54 | 2.28 | 1.85 | 2.95 | 2.39 |
| Quick ratio | 2.13 | 1.74 | 1.38 | 2.01 | 1.90 |
| Debt / equity | 0.08 | 0.05 | 0.06 | 0.05 | 0.00 |
| Equity / assets | 65.5% | 57.1% | 47.1% | 61.5% | 58.2% |
| Jun '26 | Dec '25 | Sep '25 | Mar '25 | Sep '24 | Mar '24 | Sep '23 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $27.2M | $29.8M | $29.8M | $29.7M | $23.7M | $15.7M | $11.8M |
| Cash & equivalents | $10.3M | $10.2M | $10.2M | $18.8M | $5.8M | $6.5M | $4.6M |
| Short-term investments | $16.9M | $19.7M | $19.7M | $10.9M | $17.9M | $9.2M | $7.2M |
| Receivables | $24.3M | $19.8M | $15.3M | $22.8M | $23.5M | $27.5M | $32.0M |
| Inventory | $6.9M | $3.7M | $3.7M | $9.7M | $5.4M | $4.6M | $7.9M |
| Other current assets | $1.7M | $5.8M | $10.3M | $1.4M | $9.1M | $8.0M | $7.0M |
| Total current assets | $60.1M | $59.1M | $59.1M | $63.6M | $61.7M | $55.7M | $58.8M |
| Property, plant & equipment (net) | $4.3M | $4.2M | $4.2M | $4.0M | $4.8M | $4.8M | $4.6M |
| Goodwill & intangible assets | $116,644 | $121,771 | $121,771 | $128,638 | $140,070 | $146,534 | $152,901 |
| Long-term investments | $0 | $0 | $0 | $0 | $1.8M | $1.7M | $1.7M |
| Other non-current assets | $10.6M | $5.9M | $5.9M | $4.9M | $1.2M | $363,891 | $323,506 |
| Total assets | $75.1M | $69.3M | $69.3M | $72.7M | $69.6M | $62.7M | $65.5M |
| Liabilities | |||||||
| Accounts payable | $8.6M | $7.5M | $7.5M | $8.1M | $10.7M | $6.9M | $11.8M |
| Short-term debt | $3.0M | $3.2M | — | $3.9M | $119,190 | $559,086 | $1.2M |
| Deferred revenue | $1.2M | $1.3M | — | $1.3M | $2.3M | $908,228 | $1.5M |
| Total current liabilities | $25.1M | $23.2M | $23.2M | $28.4M | $27.1M | $22.4M | $31.8M |
| Long-term debt | $0 | $0 | $0 | $0 | $1.1M | $838,753 | $49,676 |
| Lease obligations | — | — | $708,944 | — | $671,026 | $694,743 | $712,064 |
| Other long-term liabilities | $5.4M | $5.2M | $626,291 | $908,104 | $910,248 | $1.9M | $1.8M |
| Total liabilities | $30.5M | $23.9M | $23.9M | $29.3M | $29.2M | $25.1M | $33.7M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $17,025 | $17,025 | — | $17,025 | $15,500 | $15,500 | $15,500 |
| Retained earnings (deficit) | $35.8M | $38.2M | $38.2M | $36.7M | $37.3M | $34.2M | $29.4M |
| Accumulated other comprehensive income | $2.3M | $678,994 | — | −$52,544 | $829,620 | $634,060 | −$181,160 |
| Minority interest | — | — | $24,765 | — | — | — | — |
| Total shareholders' equity | $44.6M | $45.4M | $45.4M | $43.1M | $39.8M | $36.4M | $30.8M |
| Key figures | |||||||
| Total debt | $3.6M | $3.8M | — | $4.5M | $1.8M | $2.0M | $1.9M |
| Net cash (debt) | $23.6M | $26.0M | — | $25.2M | $21.8M | $13.7M | $10.0M |
| Working capital | $35.0M | $35.9M | $35.9M | $35.2M | $34.6M | $33.4M | $26.9M |
| Tangible book value | $44.5M | $45.3M | $45.3M | $42.9M | $39.6M | $36.3M | $30.7M |
| Book value per share | $2.66 | $2.67 | $2.67 | $2.64 | $2.36 | $2.16 | $1.83 |
| Shares outstanding | 16.8M | 17.0M | 17.0M | 16.3M | 16.9M | 16.9M | 16.9M |
| Current ratio | 2.39 | 2.54 | 2.54 | 2.24 | 2.28 | 2.49 | 1.85 |
| Quick ratio | 2.05 | 2.13 | 1.94 | 1.85 | 1.74 | 1.93 | 1.38 |
| Debt / equity | 0.08 | 0.08 | — | 0.10 | 0.05 | 0.05 | 0.06 |
| Equity / assets | 59.4% | 65.5% | 65.5% | 59.3% | 57.1% | 58.1% | 47.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed January 30, 2026); data from EODHD.
LSE financial position
At the end of fiscal 2025 (September 30, 2025), Leishen Energy had total assets of $69.3 million (down 0.4% from a year earlier), total liabilities of $23.9 million and shareholders' equity of $45.4 million. It held $29.8 million in cash and short-term investments against $3.8 million of debt, a net cash position of $26.0 million. Its current ratio was 2.54. In the latest quarter (ended June 30, 2026) total assets were $75.1 million and equity $44.6 million.
Related: LSE income statement, LSE cash flow statement, LSE key metrics. See the LSE stock overview for the latest quote and news.
LSE balance sheet FAQ
What are Leishen Energy's total assets?
Leishen Energy reported total assets of $69.3 million at the end of fiscal 2025 (September 30, 2025), compared with $69.6 million a year earlier.
How much debt does Leishen Energy have?
Leishen Energy had $3.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.08.
How much cash does Leishen Energy have?
Leishen Energy held $29.8 million in cash and short-term investments at the end of fiscal 2025; with $3.8 million of debt that is net cash of $26.0 million.
What is Leishen Energy's book value?
Leishen Energy's shareholders' equity (book value) was $45.4 million at the end of fiscal 2025, or $2.72 per share.
What is Leishen Energy's current ratio?
Leishen Energy had current assets of $59.1 million and current liabilities of $23.2 million, a current ratio of 2.54 (it can cover its short-term obligations).
How much goodwill does Leishen Energy have?
Leishen Energy carried $0.1 million of goodwill and intangible assets, 0.2% of total assets, at the end of fiscal 2025.