SGX:QES Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,329	2,074	1,688	1,365	1,377
Short-Term Investments	0.35	0.02	2.72	1.52	28.53
Cash & Short-Term Investments	2,329	2,074	1,691	1,366	1,406
Cash Growth	12.32%	22.67%	23.73%	-2.80%	4.74%
Accounts Receivable	891.73	1,040	1,151	1,250	930.94
Other Receivables	18.93	13.16	20.71	46.94	38.53
Receivables	910.66	1,053	1,171	1,297	969.46
Inventory	360.24	363.64	341.29	402.83	357.32
Prepaid Expenses	3.48	3.98	3.87	3.51	1.78
Other Current Assets	81.07	79.3	107.68	80.45	105.11
Total Current Assets	3,685	3,574	3,315	3,150	2,839
Property, Plant & Equipment	940.84	835.04	863.75	861.65	939.24
Other Intangible Assets	194.68	199.18	207.25	213.04	144.64
Long-Term Accounts Receivable	61.98	70.78	-	-	-
Total Assets	4,882	4,679	4,386	4,224	3,923
Accounts Payable	151.94	118.34	51.13	55.14	84.87
Accrued Expenses	159.54	157.51	164.87	181.25	149.99
Short-Term Debt	-	-	-	-	225.32
Current Income Taxes Payable	103.62	153.82	94.83	147.11	109.4
Current Unearned Revenue	29.57	40.67	38.96	36.23	43.14
Other Current Liabilities	-	-	109.48	112.93	134.5
Total Current Liabilities	444.67	470.35	459.26	532.66	747.22
Total Liabilities	444.67	470.35	459.26	532.66	747.22
Common Stock	313.47	313.47	313.47	313.47	313.47
Retained Earnings	4,132	3,912	3,614	3,368	2,844
Treasury Stock	-67.08	-67.08	-54.53	-40.79	-30.16
Comprehensive Income & Other	59.41	50.65	53.43	51.06	48.56
Shareholders' Equity	4,438	4,209	3,927	3,692	3,176
Total Liabilities & Equity	4,882	4,679	4,386	4,224	3,923
Total Debt	-	-	-	-	225.32
Net Cash (Debt)	2,329	2,074	1,691	1,366	1,180
Net Cash Growth	12.32%	22.67%	23.73%	15.75%	-12.05%
Net Cash Per Share	2.44	2.17	1.76	1.41	1.22
Filing Date Shares Outstanding	953.38	953.38	958.4	965.27	970.4
Total Common Shares Outstanding	953.38	953.38	959.25	965.64	970.4
Working Capital	3,240	3,104	2,856	2,617	2,092
Book Value Per Share	4.65	4.41	4.09	3.82	3.27
Tangible Book Value	4,243	4,010	3,719	3,479	3,032
Tangible Book Value Per Share	4.45	4.21	3.88	3.60	3.12
Buildings	690.28	635.02	600.95	586.79	579.4
Machinery	1,453	1,288	1,274	1,290	1,261
Construction In Progress	249.64	247.09	207.81	124.57	101.54

Source: S&P Global Market Intelligence. Standard template. Financial Sources.