Beijing QingCloud Technology Group Co., Ltd (SHA:688316)

SHA:688316 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	61.59	238.29	99.37	183.51	415.92	71.85
Trading Asset Securities	-	-	127.65	70.14	50.04	20.45
Cash & Short-Term Investments	61.59	238.29	227.02	253.65	465.96	92.31
Cash Growth	-68.77%	4.97%	-10.50%	-45.56%	404.79%	-34.72%
Accounts Receivable	78.14	66.42	64.43	72.63	112.33	112.56
Other Receivables	9.41	16.76	3.31	5.21	6.23	2.02
Receivables	87.55	83.18	67.74	77.84	118.56	114.58
Inventory	0.92	0.92	0.85	2.46	5.06	0.55
Prepaid Expenses	-	1.87	0	-	-	-
Other Current Assets	42.28	23.16	183.42	21.41	23.7	14.95
Total Current Assets	192.33	347.42	479.03	355.36	613.28	222.39
Property, Plant & Equipment	185.96	213.72	124.69	170.35	245.46	141.16
Long-Term Investments	8.87	9	9.05	63.29	55.66	5.14
Other Intangible Assets	2.13	2.54	3.07	2.15	2.43	1.85
Long-Term Deferred Charges	3.33	4.38	8.52	9.16	6.01	5.06
Total Assets	392.63	577.06	624.35	600.3	922.84	375.6
Accounts Payable	31.73	41.43	40.56	57.29	75.9	81.25
Accrued Expenses	6.07	13.12	13.18	8.5	18.26	24.51
Short-Term Debt	109.53	248.05	172.39	113	122.81	62.78
Current Portion of Long-Term Debt	51.47	52.47	-	9.82	9.82	-
Current Portion of Leases	-	1.6	5.9	7.56	21.83	-
Current Income Taxes Payable	2.38	0.1	0	-	-	-
Current Unearned Revenue	57.5	46.32	191.08	45.58	40.57	27.27
Other Current Liabilities	9.27	32.83	6.54	6.06	5.63	3.16
Total Current Liabilities	267.96	435.91	429.66	247.83	294.81	198.97
Long-Term Debt	55.42	-	-	-	9.82	-
Long-Term Leases	2.19	0.44	12.03	19.3	35.74	-
Long-Term Unearned Revenue	0.24	0.81	2.87	3.22	-	-
Other Long-Term Liabilities	15.1	52.57	-	-	-	-
Total Liabilities	340.91	489.74	444.56	270.35	340.37	198.97
Common Stock	47.9	47.8	47.79	47.46	47.46	35.46
Additional Paid-In Capital	1,194	1,193	1,190	1,171	1,185	506.6
Retained Earnings	-1,205	-1,155	-1,059	-889.31	-645.08	-362.29
Comprehensive Income & Other	0.91	1.37	1.04	0.66	-1.13	-0.76
Total Common Equity	38.17	87.11	179.48	329.37	586.15	179.01
Minority Interest	13.55	0.21	0.31	0.58	-3.68	-2.38
Shareholders' Equity	51.72	87.32	179.79	329.95	582.47	176.63
Total Liabilities & Equity	392.63	577.06	624.35	600.3	922.84	375.6
Total Debt	218.61	302.56	190.32	149.69	200.01	62.78
Net Cash (Debt)	-157.02	-64.27	36.7	103.96	265.95	29.53
Net Cash Growth	-	-	-64.70%	-60.91%	800.60%	-77.86%
Net Cash Per Share	-3.30	-1.34	0.77	2.19	5.98	0.83
Filing Date Shares Outstanding	47.28	47.8	47.79	47.46	47.46	35.46
Total Common Shares Outstanding	47.28	47.8	47.79	47.46	47.46	35.46
Working Capital	-75.63	-88.49	49.37	107.53	318.47	23.42
Book Value Per Share	0.81	1.82	3.76	6.94	12.35	5.05
Tangible Book Value	36.04	84.58	176.42	327.22	583.71	177.16
Tangible Book Value Per Share	0.76	1.77	3.69	6.89	12.30	5.00
Buildings	-	41.88	41.88	41.88	41.88	-
Machinery	-	138.6	135.57	135.23	137.84	134.14
Construction In Progress	-	-	-	1.44	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.