Quectel Wireless Solutions Co., Ltd. (SHA:603236)

SHA:603236 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,189	1,837	1,872	2,199	1,133	610.59
Trading Asset Securities	-	-	-	23.05	-	-
Cash & Short-Term Investments	1,189	1,837	1,872	2,222	1,133	610.59
Cash Growth	-20.76%	-1.87%	-15.77%	96.09%	85.58%	-32.33%
Accounts Receivable	3,975	3,877	2,383	2,519	2,129	1,270
Other Receivables	284.03	945.29	598.38	406.03	449.86	248.16
Receivables	4,259	4,822	2,981	2,926	2,579	1,519
Inventory	4,569	3,260	3,523	3,014	2,699	1,438
Other Current Assets	672.99	144.71	158.18	139.66	183.92	144.04
Total Current Assets	10,690	10,063	8,535	8,301	6,595	3,711
Property, Plant & Equipment	2,416	2,358	2,109	1,378	1,212	595.42
Long-Term Investments	98.37	77.86	73.71	90.88	74.45	100.45
Other Intangible Assets	368.55	374.93	395.55	377.6	118.34	93.89
Long-Term Deferred Tax Assets	32.66	31.13	28.87	21.35	12.94	16.08
Long-Term Deferred Charges	34.48	40.89	67.27	72.41	67.88	68.4
Other Long-Term Assets	54.49	33.88	24.54	33.18	59.65	15.57
Total Assets	13,694	12,980	11,233	10,274	8,140	4,601
Accounts Payable	5,855	5,404	4,058	2,709	2,261	1,495
Accrued Expenses	224.59	385.57	271.06	339.74	282.27	164.1
Short-Term Debt	900.53	730.08	719.56	2,015	1,669	873.01
Current Portion of Long-Term Debt	822.03	786.04	60.36	54.79	14.16	-
Current Portion of Leases	-	30.92	27.89	29.1	15.11	-
Current Income Taxes Payable	5.62	0.21	0.17	0.64	-	0.76
Current Unearned Revenue	263.77	227.69	218.7	177.47	88.01	69.26
Other Current Liabilities	260.91	262.06	219.4	199.27	306.08	41
Total Current Liabilities	8,332	7,827	5,575	5,525	4,635	2,643
Long-Term Debt	642.04	620.74	1,437	973.03	232.56	89.45
Long-Term Leases	456.41	470.92	557.51	31.07	31.33	-
Long-Term Unearned Revenue	36.93	43.19	39.26	24.16	31.53	-
Long-Term Deferred Tax Liabilities	0.09	0.06	0.04	0.53	-	-
Total Liabilities	9,468	8,962	7,609	6,554	4,931	2,733
Common Stock	261.66	261.66	264.57	188.98	145.37	107.02
Additional Paid-In Capital	2,028	2,023	2,117	2,173	2,196	1,164
Retained Earnings	2,019	1,807	1,315	1,414	898.35	597.32
Treasury Stock	-	-	-20.85	-	-	-
Comprehensive Income & Other	-62.21	-54.27	-43.36	-55.18	-31.49	0.08
Total Common Equity	4,246	4,037	3,633	3,720	3,208	1,869
Minority Interest	-20.12	-18.39	-8.37	-0.53	0.84	-
Shareholders' Equity	4,226	4,018	3,624	3,720	3,209	1,869
Total Liabilities & Equity	13,694	12,980	11,233	10,274	8,140	4,601
Total Debt	2,821	2,639	2,802	3,103	1,962	962.46
Net Cash (Debt)	-1,632	-801.97	-930.46	-881.17	-829.03	-351.87
Net Cash Per Share	-6.18	-3.04	-3.49	-3.33	-3.18	-1.39
Filing Date Shares Outstanding	261.66	261.66	264.13	264.57	264.57	253.2
Total Common Shares Outstanding	261.66	261.66	264.13	264.57	264.57	253.2
Working Capital	2,357	2,236	2,959	2,776	1,960	1,068
Book Value Per Share	16.23	15.43	13.75	14.06	12.13	7.38
Tangible Book Value	3,878	3,662	3,237	3,343	3,090	1,775
Tangible Book Value Per Share	14.82	14.00	12.26	12.63	11.68	7.01
Buildings	-	305.73	305.73	305.73	305.73	80.35
Machinery	-	1,760	1,591	1,380	1,095	607.43
Construction In Progress	-	440.39	101.98	98.4	30.36	23.9

Updated Oct 21, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.