QingCloud Technologies Corp. (SHA:688316)

QingCloud Technologies Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	41.82	48.51	238.29	99.37	183.51	415.92
Trading Asset Securities	-	-	-	127.65	70.14	50.04
Cash & Short-Term Investments	41.82	48.51	238.29	227.02	253.65	465.96
Cash Growth	-32.09%	-79.64%	4.97%	-10.50%	-45.56%	404.79%
Accounts Receivable	73.07	67.44	66.42	64.43	72.63	112.33
Other Receivables	1.6	8.47	16.76	3.31	5.21	6.23
Receivables	74.67	75.91	83.18	67.74	77.84	118.56
Inventory	1.05	1.05	0.92	0.85	2.46	5.06
Prepaid Expenses	-	-	1.87	0	-	-
Other Current Assets	21.38	29.3	23.16	183.42	21.41	23.7
Total Current Assets	138.92	154.77	347.42	479.03	355.36	613.28
Property, Plant & Equipment	145.31	175.12	213.72	124.69	170.35	245.46
Long-Term Investments	47.13	8.71	9	9.05	63.29	55.66
Other Intangible Assets	1.73	2	2.54	3.07	2.15	2.43
Long-Term Deferred Charges	2.28	3.09	4.38	8.52	9.16	6.01
Total Assets	335.37	343.68	577.06	624.35	600.3	922.84

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	42.61	33.92	41.43	40.56	57.29	75.9
Accrued Expenses	4.33	12.41	13.12	13.18	8.5	18.26
Short-Term Debt	36.39	90.92	248.05	172.39	113	122.81
Current Portion of Long-Term Debt	29.13	76.84	52.47	-	9.82	9.82
Current Portion of Leases	-	2.26	1.6	5.9	7.56	21.83
Current Income Taxes Payable	2.16	-	0.1	0	-	-
Current Unearned Revenue	60.88	43.99	46.32	191.08	45.58	40.57
Other Current Liabilities	56.19	35.68	32.83	6.54	6.06	5.63
Total Current Liabilities	231.69	296.02	435.91	429.66	247.83	294.81
Long-Term Debt	20.25	11.67	-	-	-	9.82
Long-Term Leases	2.5	2.21	0.44	12.03	19.3	35.74
Long-Term Unearned Revenue	0.02	0.2	0.81	2.87	3.22	-
Long-Term Deferred Tax Liabilities	0.01	0	-	-	-	-
Other Long-Term Liabilities	21.78	10.81	52.57	-	-	-
Total Liabilities	276.24	320.92	489.74	444.56	270.35	340.37

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	47.92	47.9	47.8	47.79	47.46	47.46
Additional Paid-In Capital	1,241	1,195	1,193	1,190	1,171	1,185
Retained Earnings	-1,266	-1,222	-1,155	-1,059	-889.31	-645.08
Comprehensive Income & Other	-0.28	0.67	1.37	1.04	0.66	-1.13
Total Common Equity	22.76	21.51	87.11	179.48	329.37	586.15
Minority Interest	36.37	1.25	0.21	0.31	0.58	-3.68
Shareholders' Equity	59.13	22.76	87.32	179.79	329.95	582.47
Total Liabilities & Equity	335.37	343.68	577.06	624.35	600.3	922.84

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	88.27	183.9	302.56	190.32	149.69	200.01
Net Cash (Debt)	-46.45	-135.39	-64.27	36.7	103.96	265.95
Net Cash Growth	-	-	-	-64.70%	-60.91%	800.60%
Net Cash Per Share	-0.97	-2.83	-1.34	0.77	2.19	5.98
Filing Date Shares Outstanding	47.86	47.9	47.8	47.79	47.46	47.46
Total Common Shares Outstanding	47.86	47.9	47.8	47.79	47.46	47.46
Working Capital	-92.76	-141.25	-88.49	49.37	107.53	318.47
Book Value Per Share	0.48	0.45	1.82	3.76	6.94	12.35
Tangible Book Value	21.04	19.52	84.58	176.42	327.22	583.71
Tangible Book Value Per Share	0.44	0.41	1.77	3.69	6.89	12.30
Buildings	-	41.88	41.88	41.88	41.88	41.88
Machinery	-	139.61	138.6	135.57	135.23	137.84
Construction In Progress	-	-	-	-	1.44	-

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

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