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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	139.49	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	139.49	238.29	227.02	253.65	465.96	92.31
Cash Growth	-42.42%	4.97%	-10.50%	-45.56%	404.79%	-34.72%
Accounts Receivable	66.21	66.42	64.43	72.63	112.33	112.56
Other Receivables	16.38	16.76	3.31	5.21	6.23	2.02
Receivables	82.6	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	28.02	23.16	183.42	21.41	23.7	14.95
Total Current Assets	251.02	347.42	479.03	355.36	613.28	222.39
Property, Plant & Equipment	208.3	213.72	124.69	170.35	245.46	141.16
Long-Term Investments	9.17	9	9.05	63.29	55.66	5.14
Other Intangible Assets	2.4	2.54	3.07	2.15	2.43	1.85
Long-Term Deferred Charges	4.08	4.38	8.52	9.16	6.01	5.06
Total Assets	474.98	577.06	624.35	600.3	922.84	375.6
Accounts Payable	39.28	41.43	40.56	57.29	75.9	81.25
Accrued Expenses	9.66	13.12	13.18	8.5	18.26	24.51
Short-Term Debt	194.64	248.05	172.39	113	122.81	62.78
Current Portion of Long-Term Debt	-	52.47	-	9.82	9.82	-
Current Portion of Leases	55.08	1.6	5.9	7.56	21.83	-
Current Income Taxes Payable	2.67	0.1	0	-	-	-
Current Unearned Revenue	42.76	46.32	191.08	45.58	40.57	27.27
Other Current Liabilities	11.16	32.83	6.54	6.06	5.63	3.16
Total Current Liabilities	355.24	435.91	429.66	247.83	294.81	198.97
Long-Term Debt	-	-	-	-	9.82	-
Long-Term Leases	2.94	0.44	12.03	19.3	35.74	-
Long-Term Unearned Revenue	0.72	0.81	2.87	3.22	-	-
Other Long-Term Liabilities	38.63	52.57	-	-	-	-
Total Liabilities	397.53	489.74	444.56	270.35	340.37	198.97
Common Stock	47.8	47.8	47.79	47.46	47.46	35.46
Additional Paid-In Capital	1,193	1,193	1,190	1,171	1,185	506.6
Retained Earnings	-1,178	-1,155	-1,059	-889.31	-645.08	-362.29
Comprehensive Income & Other	1.34	1.37	1.04	0.66	-1.13	-0.76
Total Common Equity	64.12	87.11	179.48	329.37	586.15	179.01
Minority Interest	13.32	0.21	0.31	0.58	-3.68	-2.38
Shareholders' Equity	77.44	87.32	179.79	329.95	582.47	176.63
Total Liabilities & Equity	474.98	577.06	624.35	600.3	922.84	375.6
Total Debt	252.66	302.56	190.32	149.69	200.01	62.78
Net Cash (Debt)	-113.17	-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	-2.36	-1.34	0.77	2.19	5.98	0.83
Filing Date Shares Outstanding	47.8	47.8	47.79	47.46	47.46	35.46
Total Common Shares Outstanding	47.8	47.8	47.79	47.46	47.46	35.46
Working Capital	-104.22	-88.49	49.37	107.53	318.47	23.42
Book Value Per Share	1.34	1.82	3.76	6.94	12.35	5.05
Tangible Book Value	61.72	84.58	176.42	327.22	583.71	177.16
Tangible Book Value Per Share	1.29	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 Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.