Qingdao Topscomm Communication Inc. (SHA:603421)

SHA:603421 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	455.22	630.29	752.06	392.84	457.73	308.89
Trading Asset Securities	1.77	1.63	2.49	2.9	-	-
Cash & Short-Term Investments	456.99	631.92	754.54	395.74	457.73	308.89
Cash Growth	-28.56%	-16.25%	90.67%	-13.54%	48.19%	-2.23%
Accounts Receivable	1,087	1,353	1,820	1,855	1,700	1,242
Other Receivables	103.24	98.58	102.04	80.26	99.85	148.26
Receivables	1,190	1,451	1,922	1,935	1,800	1,390
Inventory	810.56	887.73	1,509	1,501	1,079	920.84
Prepaid Expenses	-	-	-	4.55	-	-
Other Current Assets	79.12	46.18	112.38	192.66	175.65	168.63
Total Current Assets	2,537	3,017	4,297	4,029	3,513	2,789
Property, Plant & Equipment	1,200	1,511	1,451	1,392	1,436	1,452
Goodwill	-	-	27.14	27.14	27.14	27.14
Other Intangible Assets	73.17	75.19	74.88	75.13	75.96	81.63
Long-Term Deferred Tax Assets	15.29	14.56	4.92	7.32	9.99	-
Long-Term Deferred Charges	19.64	26.25	38.89	57.01	51.15	26.15
Other Long-Term Assets	26.84	14.86	25.73	76.05	0.29	0.47
Total Assets	3,872	4,658	5,920	5,664	5,114	4,376
Accounts Payable	464.76	635.4	1,223	1,340	1,398	720.48
Accrued Expenses	48.91	208.09	330.3	326.27	281.3	261.55
Short-Term Debt	144	100.35	-	100.12	15	56
Current Portion of Long-Term Debt	305.91	335.62	213.75	27.55	-	-
Current Portion of Leases	-	6.84	6.78	7.81	7.87	-
Current Income Taxes Payable	12.5	1	-	0.01	0.09	0.15
Current Unearned Revenue	44.17	36.54	85.08	72.81	65.55	130.22
Other Current Liabilities	10.72	22.01	26.58	22.19	19	29.09
Total Current Liabilities	1,031	1,346	1,886	1,896	1,787	1,197
Long-Term Debt	-	130	565.1	412.5	30	-
Long-Term Leases	4.81	5.98	6.19	3.65	9.74	-
Long-Term Unearned Revenue	0.97	0.88	0.69	0.86	-	-
Long-Term Deferred Tax Liabilities	32.98	35.62	42.72	26.45	34.1	20.43
Other Long-Term Liabilities	1.3	3.09	-	-	-	1
Total Liabilities	1,071	1,521	2,500	2,340	1,861	1,219
Common Stock	652.19	652.19	652.19	652.19	653.19	656.69
Additional Paid-In Capital	975.55	975.55	975.55	975.55	985.6	1,028
Retained Earnings	1,173	1,509	1,791	1,696	1,625	1,522
Treasury Stock	-	-	-	-	-11.05	-49.68
Total Common Equity	2,801	3,137	3,419	3,324	3,253	3,157
Shareholders' Equity	2,801	3,137	3,419	3,324	3,253	3,157
Total Liabilities & Equity	3,872	4,658	5,920	5,664	5,114	4,376
Total Debt	454.72	578.79	791.83	551.63	62.61	56
Net Cash (Debt)	2.27	53.13	-37.29	-155.9	395.12	252.89
Net Cash Growth	-	-	-	-	56.24%	-19.96%
Net Cash Per Share	0.00	0.08	-0.06	-0.24	0.61	0.39
Filing Date Shares Outstanding	652.19	652.19	652.19	652.19	653.19	653.19
Total Common Shares Outstanding	652.19	652.19	652.19	652.19	653.19	656.69
Working Capital	1,506	1,671	2,412	2,133	1,726	1,591
Book Value Per Share	4.29	4.81	5.24	5.10	4.98	4.81
Tangible Book Value	2,728	3,062	3,317	3,222	3,150	3,048
Tangible Book Value Per Share	4.18	4.69	5.09	4.94	4.82	4.64
Buildings	-	811.56	811.56	811.56	811.56	811.92
Machinery	-	1,337	1,131	937.09	821.98	778.88
Construction In Progress	-	226.96	248.61	272.32	302.74	246.56

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