Hangzhou Qiandaohu Xunlong Sci-tech Co., Ltd. (HKG:6715)

HKG:6715 Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	783.61	303.63	207.99	169.61	204.47
Short-Term Investments	6.85	5.9	5.9	-	-
Trading Asset Securities	-	-	-	146.57	99.2
Cash & Short-Term Investments	790.47	309.53	213.89	316.18	303.67
Cash Growth	155.38%	44.72%	-32.35%	4.12%	568.36%
Accounts Receivable	33.9	57.41	48.97	36.66	19.35
Other Receivables	11.15	16.11	9.54	7.23	11.62
Receivables	45.06	73.53	58.51	43.89	30.97
Inventory	1,809	1,599	1,441	679.25	634.33
Restricted Cash	6.05	16.47	18.65	-	-
Other Current Assets	5.5	3.33	7.51	5.52	1.96
Total Current Assets	2,656	2,001	1,740	1,045	970.93
Property, Plant & Equipment	359.9	332.68	288.23	198.37	166.39
Other Intangible Assets	7.41	7.91	0.61	10.95	11.03
Long-Term Deferred Tax Assets	0.99	1.59	1.6	19.51	16.06
Long-Term Deferred Charges	-	-	-	0.16	0.16
Other Long-Term Assets	14.33	0.87	0.5	1.32	0.25
Total Assets	3,038	2,344	2,031	1,275	1,165

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	121.64	95.06	79.51	71.03	96.51
Accrued Expenses	47.85	43.24	37.8	27.59	26.21
Short-Term Debt	145.1	-	38.14	76.19	56.46
Current Portion of Long-Term Debt	6.06	10.34	1	7.02	16.43
Current Portion of Leases	5.57	1.46	1.82	1.4	4.58
Current Income Taxes Payable	48.03	48.23	30.4	17.8	13.08
Current Unearned Revenue	18.09	18.69	10.27	8.64	11.59
Other Current Liabilities	73.08	48.31	78.56	181.09	60.74
Total Current Liabilities	465.4	265.32	277.49	390.75	285.62
Long-Term Debt	232.08	14.66	54.25	50.64	23.52
Long-Term Leases	26.85	27.54	25.64	19.39	11.54
Long-Term Unearned Revenue	51.78	48.1	30.82	18.44	13.98
Long-Term Deferred Tax Liabilities	153.16	145.64	132.38	-	-
Other Long-Term Liabilities	5.57	6.49	7.41	6.75	45.13
Total Liabilities	934.83	507.75	528	485.98	379.79

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	92.55	90.24	90.24	85.95	85.95
Additional Paid-In Capital	-	-	-	226.1	223.84
Retained Earnings	1,558	1,339	1,031	434.26	472.1
Treasury Stock	-	-	-	-	-38.98
Comprehensive Income & Other	371.55	330.98	320.91	-	-
Total Common Equity	2,022	1,761	1,442	746.31	742.9
Minority Interest	81.16	76.1	60.39	42.86	42.13
Shareholders' Equity	2,104	1,837	1,503	789.17	785.03
Total Liabilities & Equity	3,038	2,344	2,031	1,275	1,165

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	415.65	54	120.84	154.64	112.55
Net Cash (Debt)	374.81	255.53	93.05	161.54	191.12
Net Cash Growth	46.68%	174.62%	-42.40%	-15.48%	-
Net Cash Per Share	4.15	2.83	1.07	1.88	2.22
Filing Date Shares Outstanding	108.89	90.24	90.24	85.95	86.02
Total Common Shares Outstanding	92.55	90.24	90.24	85.95	86.02
Working Capital	2,190	1,736	1,462	654.09	685.32
Book Value Per Share	21.85	19.51	15.98	8.68	8.64
Tangible Book Value	2,015	1,753	1,442	735.36	731.87
Tangible Book Value Per Share	21.77	19.42	15.97	8.56	8.51
Buildings	302.2	299.55	233.95	170.71	170.09
Machinery	157.11	141.22	102.65	84.16	76.39
Construction In Progress	38.32	8.97	40.68	27.76	3.48
Leasehold Improvements	1.44	0.69	0.65	-	-

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2024

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:

Jul 31, 2026

Data Sources Report a data error