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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	25.92	48.51	238.29	99.37	183.51	415.92
Trading Asset Securities	-	-	-	127.65	70.14	50.04
Cash & Short-Term Investments	25.92	48.51	238.29	227.02	253.65	465.96
Cash Growth	-80.03%	-79.64%	4.97%	-10.50%	-45.56%	404.79%
Accounts Receivable	72.8	67.44	66.42	64.43	72.63	112.33
Other Receivables	7.26	8.47	16.76	3.31	5.21	6.23
Receivables	80.06	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	23.92	29.3	23.16	183.42	21.41	23.7
Total Current Assets	130.95	154.77	347.42	479.03	355.36	613.28
Property, Plant & Equipment	155.67	175.12	213.72	124.69	170.35	245.46
Long-Term Investments	46.59	8.71	9	9.05	63.29	55.66
Other Intangible Assets	1.86	2	2.54	3.07	2.15	2.43
Long-Term Deferred Charges	2.41	3.09	4.38	8.52	9.16	6.01
Total Assets	337.47	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	33.6	33.92	41.43	40.56	57.29	75.9
Accrued Expenses	5.62	12.41	13.12	13.18	8.5	18.26
Short-Term Debt	44.25	90.92	248.05	172.39	113	122.81
Current Portion of Long-Term Debt	46.26	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	2.05	-	0.1	0	-	-
Current Unearned Revenue	56.22	43.99	46.32	191.08	45.58	40.57
Other Current Liabilities	47.6	35.68	32.83	6.54	6.06	5.63
Total Current Liabilities	235.61	296.02	435.91	429.66	247.83	294.81
Long-Term Debt	20.25	11.67	-	-	-	9.82
Long-Term Leases	2.93	2.21	0.44	12.03	19.3	35.74
Long-Term Unearned Revenue	0.06	0.2	0.81	2.87	3.22	-
Long-Term Deferred Tax Liabilities	0.01	0	-	-	-	-
Other Long-Term Liabilities	8.27	10.81	52.57	-	-	-
Total Liabilities	267.13	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	47.9	47.9	47.8	47.79	47.46	47.46
Additional Paid-In Capital	1,240	1,195	1,193	1,190	1,171	1,185
Retained Earnings	-1,256	-1,222	-1,155	-1,059	-889.31	-645.08
Comprehensive Income & Other	-0.02	0.67	1.37	1.04	0.66	-1.13
Total Common Equity	31.18	21.51	87.11	179.48	329.37	586.15
Minority Interest	39.16	1.25	0.21	0.31	0.58	-3.68
Shareholders' Equity	70.34	22.76	87.32	179.79	329.95	582.47
Total Liabilities & Equity	337.47	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	113.69	183.9	302.56	190.32	149.69	200.01
Net Cash (Debt)	-87.77	-135.39	-64.27	36.7	103.96	265.95
Net Cash Growth	-	-	-	-64.70%	-60.91%	800.60%
Net Cash Per Share	-1.83	-2.83	-1.34	0.77	2.19	5.98
Filing Date Shares Outstanding	48.54	47.9	47.8	47.79	47.46	47.46
Total Common Shares Outstanding	48.54	47.9	47.8	47.79	47.46	47.46
Working Capital	-104.66	-141.25	-88.49	49.37	107.53	318.47
Book Value Per Share	0.64	0.45	1.82	3.76	6.94	12.35
Tangible Book Value	29.32	19.52	84.58	176.42	327.22	583.71
Tangible Book Value Per Share	0.60	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: Aug 27, 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:

Sep 10, 2026

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