Shenzhen HQVT Technology Co., Ltd. (HKG:1392)

Shenzhen HQVT Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	65.56	56.71	37.12
Short-Term Investments	62.97	29.05	40.38
Cash & Short-Term Investments	128.52	85.76	77.49
Cash Growth	49.87%	10.66%	-
Accounts Receivable	184.42	145.68	19.82
Other Receivables	0.33	0.3	2.1
Receivables	184.76	145.98	21.91
Inventory	80.19	31.58	55.97
Restricted Cash	-	-	0.05
Other Current Assets	177.26	38.91	18.49
Total Current Assets	570.73	302.23	173.91
Property, Plant & Equipment	36.74	35.84	44.02
Other Intangible Assets	110.97	62.73	37.41
Long-Term Deferred Tax Assets	5.45	3.59	5.63
Other Long-Term Assets	-	0.86	-
Total Assets	723.89	405.24	260.96

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Accounts Payable	45.88	79.56	45.06
Accrued Expenses	16.17	22.08	9.4
Short-Term Debt	118.95	28.55	-
Current Portion of Long-Term Debt	33.32	0.04	-
Current Portion of Leases	5.67	10.16	8.61
Current Income Taxes Payable	-	-	0.02
Current Unearned Revenue	75.94	20.28	21.28
Other Current Liabilities	10.02	2.3	0.64
Total Current Liabilities	305.96	162.96	85.02
Long-Term Debt	49.01	0.96	-
Long-Term Leases	6.73	6.94	14.51
Total Liabilities	361.7	170.87	99.53

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Common Stock	8.61	8.16	7.9
Additional Paid-In Capital	308.66	219.11	189.37
Retained Earnings	29.75	0.39	-40.02
Comprehensive Income & Other	15.18	6.72	4.18
Shareholders' Equity	362.2	234.38	161.43
Total Liabilities & Equity	723.89	405.24	260.96

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Total Debt	213.68	46.65	23.13
Net Cash (Debt)	-85.16	39.11	54.37
Net Cash Growth	-	-28.07%	-
Net Cash Per Share	-10.13	4.92	6.88
Filing Date Shares Outstanding	18.06	7.95	7.9
Total Common Shares Outstanding	8.61	7.95	7.9
Working Capital	264.77	139.27	88.89
Book Value Per Share	42.05	29.50	20.43
Tangible Book Value	251.22	171.64	124.03
Tangible Book Value Per Share	29.17	21.60	15.69
Machinery	26.58	19.44	18.93
Leasehold Improvements	22.46	15.53	15.53

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every year for this company.

Update frequency:

Yearly

Last checked:

Aug 23, 2026

Data Sources Report a data error