SGX:QES Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,234	2,074	1,688	1,365	1,377	1,326
Short-Term Investments	-	0.02	2.72	1.52	28.53	15.97
Cash & Short-Term Investments	2,234	2,074	1,691	1,366	1,406	1,342
Cash Growth	27.62%	22.67%	23.73%	-2.80%	4.74%	2.57%
Accounts Receivable	942.4	1,040	1,151	1,250	930.94	544.63
Other Receivables	10.8	13.16	20.71	46.94	38.53	49.21
Receivables	953.2	1,053	1,171	1,297	969.46	593.85
Inventory	344	363.64	341.29	402.83	357.32	197.52
Prepaid Expenses	3.2	3.98	3.87	3.51	1.78	6.83
Other Current Assets	59.5	79.3	107.68	80.45	105.11	98.79
Total Current Assets	3,594	3,574	3,315	3,150	2,839	2,239
Property, Plant & Equipment	920.2	835.04	863.75	861.65	939.24	864.61
Other Intangible Assets	197	199.18	207.25	213.04	144.64	68.26
Long-Term Accounts Receivable	70.8	70.78	-	-	-	-
Total Assets	4,782	4,679	4,386	4,224	3,923	3,172
Accounts Payable	34.9	87.31	109.48	55.14	84.87	54.42
Accrued Expenses	153.1	157.51	164.87	181.25	149.99	142.79
Short-Term Debt	-	-	-	-	225.32	-
Current Income Taxes Payable	132.7	153.82	94.83	147.11	109.4	41.85
Current Unearned Revenue	32.6	40.67	38.96	36.23	43.14	23.36
Other Current Liabilities	126.3	31.03	51.13	112.93	134.5	188.95
Total Current Liabilities	479.6	470.35	459.26	532.66	747.22	451.37
Total Liabilities	479.6	470.35	459.26	532.66	747.22	451.37
Common Stock	313.5	313.47	313.47	313.47	313.47	313.47
Retained Earnings	3,161	3,912	3,614	3,368	2,844	2,385
Treasury Stock	-67.1	-67.08	-54.53	-40.79	-30.16	-29.35
Comprehensive Income & Other	894.8	50.65	53.43	51.06	48.56	51.8
Shareholders' Equity	4,303	4,209	3,927	3,692	3,176	2,721
Total Liabilities & Equity	4,782	4,679	4,386	4,224	3,923	3,172
Total Debt	-	-	-	-	225.32	-
Net Cash (Debt)	2,234	2,074	1,691	1,366	1,180	1,342
Net Cash Growth	27.62%	22.67%	23.73%	15.75%	-12.05%	3.36%
Net Cash Per Share	2.34	2.17	1.76	1.41	1.22	1.38
Filing Date Shares Outstanding	953.38	953.38	958.4	965.27	970.4	970.72
Total Common Shares Outstanding	953.38	953.38	959.25	965.64	970.4	970.72
Working Capital	3,115	3,104	2,856	2,617	2,092	1,788
Book Value Per Share	4.51	4.41	4.09	3.82	3.27	2.80
Tangible Book Value	4,106	4,010	3,719	3,479	3,032	2,652
Tangible Book Value Per Share	4.31	4.21	3.88	3.60	3.12	2.73
Buildings	-	635.02	600.95	586.79	579.4	501.76
Machinery	-	1,288	1,274	1,290	1,261	1,014
Construction In Progress	-	247.09	207.81	124.57	101.54	240.66

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.