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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	546.79	781.79	1,288	1,582	1,565	2,082
Trading Asset Securities	-	-	-	-	15.1	-
Cash & Short-Term Investments	546.79	781.79	1,288	1,582	1,580	2,082
Cash Growth	-45.09%	-39.29%	-18.63%	0.14%	-24.10%	137.99%
Accounts Receivable	481.14	470.85	479.91	465.31	465.26	497.63
Other Receivables	19.77	120.67	89.75	67.51	18.68	12.08
Receivables	500.91	591.52	569.66	532.82	483.95	509.71
Inventory	37.02	24.78	57.21	47.19	93.58	75.56
Prepaid Expenses	-	-	-	-	0.54	0.42
Other Current Assets	147.78	5.38	2.89	6.04	209.13	118.57
Total Current Assets	1,233	1,403	1,917	2,168	2,367	2,786
Property, Plant & Equipment	2,010	1,799	1,697	1,714	2,075	1,377
Long-Term Investments	98.82	93.89	87.48	105.46	125.75	29.07
Other Intangible Assets	77.93	79.3	80.33	82.52	83.81	85.25
Long-Term Accounts Receivable	-	1.05	2.61	2.53	2.5	1.97
Long-Term Deferred Tax Assets	2.28	2.2	-	-	-	-
Long-Term Deferred Charges	0.41	0.74	2.04	2.95	6.63	6.59
Other Long-Term Assets	0.95	1.59	15.22	0.6	37.37	18.67
Total Assets	3,423	3,381	3,802	4,077	4,698	4,305
Accounts Payable	470.7	275.39	332.78	329.58	842.18	686.81
Accrued Expenses	61.59	94.99	89.2	76.45	119.71	78.86
Short-Term Debt	0.18	0.29	0	57.57	538.36	-
Current Portion of Long-Term Debt	-	34.32	25.79	17.26	50.12	-
Current Portion of Leases	-	10.22	6.5	11.96	11.83	-
Current Income Taxes Payable	-	3.69	-	-	0.04	0.06
Current Unearned Revenue	141.98	135.16	151	163.51	252.26	116.76
Other Current Liabilities	249.69	369.52	461.68	304.23	68.5	127.65
Total Current Liabilities	924.14	923.58	1,067	960.54	1,883	1,010
Long-Term Debt	124.3	51.39	85.64	111.33	64.05	-
Long-Term Leases	1.78	4.23	1.4	4.29	0.74	-
Long-Term Unearned Revenue	4.92	6.78	9.97	20.9	38.55	31.05
Long-Term Deferred Tax Liabilities	-	-	-	0.14	0.04	-
Total Liabilities	1,059	985.98	1,164	1,097	1,986	1,041
Common Stock	456.31	453.1	453.1	453.1	422.81	422.53
Additional Paid-In Capital	3,970	3,924	3,918	3,912	3,255	3,187
Retained Earnings	-2,061	-1,981	-1,740	-1,398	-984.2	-352.11
Comprehensive Income & Other	-1.09	-0.6	-0.05	1.23	3.29	1.65
Total Common Equity	2,364	2,395	2,631	2,969	2,697	3,259
Minority Interest	0.45	0.58	6.94	11.05	15.01	4.28
Shareholders' Equity	2,365	2,396	2,638	2,980	2,712	3,263
Total Liabilities & Equity	3,423	3,381	3,802	4,077	4,698	4,305
Total Debt	126.26	100.45	119.33	202.41	665.11	-
Net Cash (Debt)	420.53	681.34	1,168	1,380	914.99	2,082
Net Cash Growth	-52.09%	-41.68%	-15.34%	50.82%	-56.05%	137.99%
Net Cash Per Share	0.93	1.50	2.59	3.07	2.17	4.98
Filing Date Shares Outstanding	437.66	453.1	453.1	453.1	422.81	422.53
Total Common Shares Outstanding	437.66	453.1	453.1	453.1	422.81	422.53
Working Capital	308.37	479.89	850.47	1,208	484.28	1,776
Book Value Per Share	5.40	5.29	5.81	6.55	6.38	7.71
Tangible Book Value	2,286	2,316	2,551	2,886	2,613	3,174
Tangible Book Value Per Share	5.22	5.11	5.63	6.37	6.18	7.51
Buildings	-	618.45	410.97	262.28	177.77	-
Machinery	-	2,602	2,386	2,245	2,754	2,269
Construction In Progress	307.94	343.8	483.16	555.05	535.97	154.76

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