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High Templar Tech Ltd: 20-F filed 2026-04-10

What High Templar Tech Ltd reported in its annual report (foreign private issuer) filed 2026-04-10 (fiscal FY 2025): 42 published measures, 142 facts as tagged in accession 0001104659-26-041728.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2026-04-10
Fiscal period
fiscal FY 2025
Accession
0001104659-26-041728 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All High Templar Tech Ltd filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2025-12-3113,612,910,787CNY
At 2024-12-3112,464,227,285CNY
At 2025-12-311,946,620,353USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2025-12-311,981,306,896CNY
At 2024-12-311,172,798,255CNY
At 2025-12-31283,323,119USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2025-12-3111,631,603,891CNY
At 2024-12-3111,291,429,030CNY
At 2025-12-311,663,297,234USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2025-12-315,532,375,615CNY
At 2024-12-314,263,311,636CNY
At 2023-12-317,207,343,478CNY
At 2025-12-31791,119,191USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2025-01-01 to 2025-12-31708,627,396CNY365
2024-01-01 to 2024-12-3191,731,395CNY366
2023-01-01 to 2023-12-3139,133,539CNY365
2025-01-01 to 2025-12-31101,332,370USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2025-01-01 to 2025-12-31687,058,206CNY365
2024-01-01 to 2024-12-31-111,000,228CNY366
2023-01-01 to 2023-12-31352,019,561CNY365
2025-01-01 to 2025-12-3198,248,018USD365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2025-01-01 to 2025-12-3140,963,626CNY365
2024-01-01 to 2024-12-31216,428,374CNY366
2023-01-01 to 2023-12-31126,338,353CNY365
2025-01-01 to 2025-12-315,857,721USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2025-01-01 to 2025-12-31555,594,196CNY365
2024-01-01 to 2024-12-31186,843,558CNY366
2023-01-01 to 2023-12-31-565,971,561CNY365
2025-01-01 to 2025-12-3179,448,914USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2025-01-01 to 2025-12-31845,438,085CNY365
2024-01-01 to 2024-12-31-2,344,367,080CNY366
2023-01-01 to 2023-12-313,895,444,173CNY365
2025-01-01 to 2025-12-31120,896,037USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2025-12-319,378,746,552CNY
At 2024-12-318,670,119,156CNY
At 2025-12-311,341,142,920USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2025-01-01 to 2025-12-3130,674,579CNY365
2024-01-01 to 2024-12-3165,805,623CNY366
2023-01-01 to 2023-12-3162,340,516CNY365
2025-01-01 to 2025-12-314,386,405USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2025-12-311,677,993,227CNY
At 2024-12-311,586,033,627CNY
At 2025-12-31239,949,840USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2024-01-01 to 2024-12-312,257,795CNY366
2023-01-01 to 2023-12-314,935,782CNY365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-12-31-398,402,448CNY365
2024-01-01 to 2024-12-31-308,147,834CNY366
2023-01-01 to 2023-12-31-331,008,547CNY365
2025-01-01 to 2025-12-31-56,970,794USD365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2025-12-3111,392,218,043CNY
At 2024-12-3110,139,522,498CNY
At 2025-12-311,629,065,513USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2025-12-311,980,651,826CNY
At 2024-12-311,124,092,207CNY
At 2025-12-31283,229,445USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2025-12-311,586,300CNY
At 2024-12-312,207,259CNY
At 2025-12-31226,838USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2025-12-315,351,275CNY
At 2024-12-3134,275,509CNY
At 2025-12-31765,222USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2025-01-01 to 2025-12-31300,505,804CNY365
2024-01-01 to 2024-12-31533,156,442CNY366
2023-01-01 to 2023-12-31420,660,053CNY365
2025-01-01 to 2025-12-3142,971,758USD365

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2025-01-01 to 2025-12-31401,698,949CNY365
2024-01-01 to 2024-12-31323,851,498CNY366
2023-01-01 to 2023-12-31355,601,316CNY365
2025-01-01 to 2025-12-3157,442,187USD365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2025-12-3155,000,000CNY
At 2025-12-318,000,000USD

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2025-01-01 to 2025-12-3138,044,599CNY365
2024-01-01 to 2024-12-31201,023,073CNY366
2023-01-01 to 2023-12-31160,113,869CNY365
2025-01-01 to 2025-12-315,440,306USD365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2025-01-01 to 2025-12-3145,733,544CNY365
2024-01-01 to 2024-12-3158,464,333CNY366
2023-01-01 to 2023-12-3147,763,109CNY365
2025-01-01 to 2025-12-316,539,810USD365

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2025-12-31-55,181,141CNY
At 2024-12-3113,751,495CNY
At 2025-12-31-7,890,798USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2025-12-3192,623,246CNY
At 2024-12-31158,006,692CNY
At 2025-12-3113,244,948USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2025-12-314,887,880CNY
At 2024-12-3167,403,034CNY
At 2025-12-31698,958USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2025-12-311,777,398,351CNY
At 2024-12-311,641,782,323CNY
At 2025-12-31254,164,584USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2025-12-3198,571,734CNY
At 2024-12-3154,915,306CNY
At 2025-12-3114,095,570USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2025-12-31249,188,498CNY
At 2024-12-31353,369,112CNY
At 2025-12-3135,633,482USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2025-12-3117,042,066CNY
At 2024-12-3145,907,378CNY
At 2025-12-312,436,984USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2025-01-01 to 2025-12-31739,301,975CNY365
2024-01-01 to 2024-12-31157,537,018CNY366
2023-01-01 to 2023-12-31101,474,055CNY365
2025-01-01 to 2025-12-31105,718,775USD365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2025-01-01 to 2025-12-31708,627,396CNY365
2024-01-01 to 2024-12-3191,731,395CNY366
2023-01-01 to 2023-12-3139,133,539CNY365
2025-01-01 to 2025-12-31101,332,370USD365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2025-01-01 to 2025-12-31639,694,760CNY365
2024-01-01 to 2024-12-31129,613,793CNY366
2023-01-01 to 2023-12-3160,962,822CNY365
2025-01-01 to 2025-12-3191,475,134USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2025-01-01 to 2025-12-31291,503,527CNY365
2024-01-01 to 2024-12-31276,564,752CNY366
2023-01-01 to 2023-12-31273,588,744CNY365
2025-01-01 to 2025-12-3141,684,450USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2025-01-01 to 2025-12-3150,000,000CNY365
2024-01-01 to 2024-12-3121,000,000CNY366
2023-01-01 to 2023-12-3114,000,000CNY365
2025-01-01 to 2025-12-317,000,000USD365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2025-01-01 to 2025-12-3150,698,734CNY365
2024-01-01 to 2024-12-3122,506,444CNY366
2023-01-01 to 2023-12-3113,915,526CNY365
2025-01-01 to 2025-12-317,249,823USD365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2025-01-01 to 2025-12-3130,674,579CNY365
2024-01-01 to 2024-12-3165,805,623CNY366
2023-01-01 to 2023-12-3164,458,408CNY365
2025-01-01 to 2025-12-314,386,405USD365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-2,117,892CNY365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2025-01-01 to 2025-12-3132,227,052CNY365
2025-01-01 to 2025-12-314,608,405USD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2025-01-01 to 2025-12-315,791,999CNY365
2024-01-01 to 2024-12-31144,224,535CNY366
2023-01-01 to 2023-12-3143,369,793CNY365
2025-01-01 to 2025-12-31828,245USD365

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2025-01-01 to 2025-12-3113,668,558CNY365
2024-01-01 to 2024-12-3130,645,878CNY366
2025-01-01 to 2025-12-311,954,578USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-12-31-29,198,954CNY365
2024-01-01 to 2024-12-318,468,158CNY366
2023-01-01 to 2023-12-3126,082,307CNY365
2025-01-01 to 2025-12-31-4,175,395USD365

Inspect the source

Entity
High Templar Tech Ltd / CIK 0001692705
Captured
2026-09-21T17:23:37.461Z
SEC response SHA-256
bb661591709cf903f8e1cddf68bf5cc1c2898ac530306435b4f071d9af38452c

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001692705.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))