UCloud Technology Co., Ltd. (SHA:688158)

UCloud Technology 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	660.26	781.79	1,288	1,582	1,565	2,082
Trading Asset Securities	-	-	-	-	15.1	-
Cash & Short-Term Investments	660.26	781.79	1,288	1,582	1,580	2,082
Cash Growth	-39.73%	-39.29%	-18.63%	0.14%	-24.10%	137.99%
Accounts Receivable	480.61	470.85	479.91	465.31	465.26	497.63
Other Receivables	20.04	13.8	89.75	67.51	18.68	12.08
Receivables	500.65	484.65	569.66	532.82	483.95	509.71
Inventory	37.01	24.78	57.21	47.19	93.58	75.56
Prepaid Expenses	-	-	-	-	0.54	0.42
Other Current Assets	120.2	112.25	2.89	6.04	209.13	118.57
Total Current Assets	1,318	1,403	1,917	2,168	2,367	2,786
Property, Plant & Equipment	1,825	1,799	1,697	1,714	2,075	1,377
Long-Term Investments	87.72	93.89	87.48	105.46	125.75	29.07
Other Intangible Assets	78.54	79.3	80.33	82.52	83.81	85.25
Long-Term Accounts Receivable	-	-	2.61	2.53	2.5	1.97
Long-Term Deferred Tax Assets	2.25	2.2	-	-	-	-
Long-Term Deferred Charges	0.5	0.74	2.04	2.95	6.63	6.59
Other Long-Term Assets	9.24	2.61	15.22	0.6	37.37	18.67
Total Assets	3,321	3,381	3,802	4,077	4,698	4,305
Accounts Payable	471.35	441.78	332.78	329.58	842.18	686.81
Accrued Expenses	26.47	58.04	78.28	76.45	119.71	78.86
Short-Term Debt	0.3	0.29	0	57.57	538.36	-
Current Portion of Long-Term Debt	44.6	44.54	25.79	17.26	50.12	-
Current Portion of Leases	-	-	6.5	11.96	11.83	-
Current Income Taxes Payable	20.28	29.24	-	-	0.04	0.06
Current Unearned Revenue	52.74	43.85	151	163.51	252.26	116.76
Other Current Liabilities	285.66	305.85	472.59	304.23	68.5	127.65
Total Current Liabilities	901.41	923.58	1,067	960.54	1,883	1,010
Long-Term Debt	51.39	51.39	85.64	111.33	64.05	-
Long-Term Leases	2.56	4.23	1.4	4.29	0.74	-
Long-Term Unearned Revenue	3.6	4.02	9.97	20.9	38.55	31.05
Long-Term Deferred Tax Liabilities	-	-	-	0.14	0.04	-
Other Long-Term Liabilities	2.24	2.76	-	-	-	-
Total Liabilities	961.19	985.98	1,164	1,097	1,986	1,041
Common Stock	453.1	453.1	453.1	453.1	422.81	422.53
Additional Paid-In Capital	3,933	3,924	3,918	3,912	3,255	3,187
Retained Earnings	-2,026	-1,981	-1,740	-1,398	-984.2	-352.11
Comprehensive Income & Other	-0.55	-0.6	-0.05	1.23	3.29	1.65
Total Common Equity	2,360	2,395	2,631	2,969	2,697	3,259
Minority Interest	0.35	0.58	6.94	11.05	15.01	4.28
Shareholders' Equity	2,360	2,396	2,638	2,980	2,712	3,263
Total Liabilities & Equity	3,321	3,381	3,802	4,077	4,698	4,305
Total Debt	98.84	100.45	119.33	202.41	665.11	-
Net Cash (Debt)	561.41	681.34	1,168	1,380	914.99	2,082
Net Cash Growth	-41.91%	-41.68%	-15.34%	50.82%	-56.05%	137.99%
Net Cash Per Share	1.23	1.50	2.59	3.07	2.17	4.98
Filing Date Shares Outstanding	453.1	453.1	453.1	453.1	422.81	422.53
Total Common Shares Outstanding	453.1	453.1	453.1	453.1	422.81	422.53
Working Capital	416.71	479.89	850.47	1,208	484.28	1,776
Book Value Per Share	5.21	5.29	5.81	6.55	6.38	7.71
Tangible Book Value	2,281	2,316	2,551	2,886	2,613	3,174
Tangible Book Value Per Share	5.04	5.11	5.63	6.37	6.18	7.51
Buildings	-	-	410.97	262.28	177.77	-
Machinery	-	-	2,386	2,245	2,754	2,269
Construction In Progress	-	-	483.16	555.05	535.97	154.76

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