Qian Xun Technology Limited (HKG:1640)

Qian Xun Technology Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	52.98	51.65	33.97	17.85	5.08	34.87
Cash & Short-Term Investments	52.98	51.65	33.97	17.85	5.08	34.87
Cash Growth	-52.08%	52.07%	90.24%	251.39%	-85.43%	96.18%
Accounts Receivable	26.75	173.93	81.04	339.42	380.76	317.08
Other Receivables	-	-	0.16	7.28	7.33	8.9
Receivables	26.75	173.93	81.2	346.7	388.09	325.98
Inventory	13.03	91.45	9.35	-	-	-
Other Current Assets	144.28	193.36	223.17	190.01	170.09	39.42
Total Current Assets	237.05	510.39	347.69	554.56	563.27	400.27
Property, Plant & Equipment	4.46	8.03	0.39	0.32	0.34	0.43
Goodwill	67.48	67.48	67.48	-	-	-
Other Intangible Assets	23.61	25.08	28	0.02	0.02	0.03
Long-Term Deferred Tax Assets	-	15.22	15.63	20.77	10.53	3.54
Total Assets	332.6	626.2	459.19	575.66	574.17	404.27

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	81.32	107.32	97.87	195.48	200.16	32.2
Accrued Expenses	104	10.07	9.97	14.66	11.53	5.99
Short-Term Debt	-	205.23	14.67	14.67	-	-
Current Portion of Long-Term Debt	0.31	0.31	80	118.98	87.18	115.98
Current Portion of Leases	2.33	2.81	-	-	-	0.31
Current Income Taxes Payable	0.07	1.94	1.69	1.26	0.15	14.57
Current Unearned Revenue	24.12	15.68	34.45	17.07	38.26	16.61
Other Current Liabilities	0.76	73.86	57.76	0.76	0.76	0.82
Total Current Liabilities	218.8	423.49	303.42	362.88	338.04	186.48
Long-Term Debt	-	19	1.97	30	30	-
Long-Term Leases	1.93	4.38	-	-	-	-
Total Liabilities	220.72	446.87	305.39	392.88	368.04	186.48

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	5.39	5.04	5.04	3.58	3.58	3.58
Additional Paid-In Capital	-	183.21	183.21	89.94	89.94	89.94
Retained Earnings	-	-85.17	-72.68	51.02	74.49	85.87
Comprehensive Income & Other	106.49	76.25	38.25	38.25	38.25	38.25
Total Common Equity	111.87	179.33	153.82	182.79	206.26	217.64
Minority Interest	-	-	-0.03	-0.02	-0.14	0.14
Shareholders' Equity	111.87	179.33	153.8	182.77	206.12	217.79
Total Liabilities & Equity	332.6	626.2	459.19	575.66	574.17	404.27

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	4.56	231.72	96.64	163.66	117.18	116.29
Net Cash (Debt)	48.42	-180.07	-62.68	-145.8	-112.1	-81.43
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.09	-0.32	-0.13	-0.36	-0.28	-0.20
Filing Date Shares Outstanding	599.23	560	560	400	400	400
Total Common Shares Outstanding	599.23	560	560	400	400	400
Working Capital	18.25	86.9	44.27	191.67	225.23	213.79
Book Value Per Share	0.19	0.32	0.27	0.46	0.52	0.54
Tangible Book Value	20.78	86.78	58.34	182.77	206.24	217.62
Tangible Book Value Per Share	0.03	0.15	0.10	0.46	0.52	0.54
Machinery	-	0.73	7.18	6.94	6.94	6.94
Leasehold Improvements	-	1.7	-	-	-	0.23

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

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

Update frequency:

Semi-annually

Last checked:

Sep 3, 2026

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