Qingdao Gaoce Technology Co., Ltd (SHA:688556)

Qingdao Gaoce 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 1, 2021
Cash & Equivalents	500	475.03	495.64	343.99	427.42	160.8
Trading Asset Securities	168.29	110.35	1,868	610.9	100.29	258.43
Cash & Short-Term Investments	668.29	585.38	2,364	954.88	527.71	419.23
Cash Growth	-31.46%	-75.24%	147.56%	80.95%	25.87%	195.36%
Accounts Receivable	2,743	3,169	3,596	2,251	1,224	665.16
Other Receivables	48.57	42.86	37.49	4.88	4.77	70.34
Receivables	2,792	3,212	3,663	2,256	1,229	735.5
Inventory	1,045	662.35	1,566	1,050	557.59	338.65
Other Current Assets	353	271.56	181.42	161.46	110.57	45.59
Total Current Assets	4,858	4,732	7,775	4,422	2,424	1,539
Property, Plant & Equipment	2,182	2,480	1,593	1,020	643.92	350.3
Long-Term Investments	263.58	141.07	88.16	8.1	-	-
Other Intangible Assets	52.23	56.16	58.46	44.57	42.46	40.83
Long-Term Deferred Tax Assets	319.88	248.85	143.54	72.38	29.62	20.89
Long-Term Deferred Charges	59.51	77.25	73.54	62.45	36.7	21.07
Other Long-Term Assets	5.95	17.43	46.75	16.93	57.82	16.14
Total Assets	7,741	7,752	9,778	5,646	3,235	1,988
Accounts Payable	1,239	1,181	2,998	1,889	1,317	596.92
Accrued Expenses	87.07	100.96	269.62	174.57	62.7	25.43
Short-Term Debt	99.29	155.99	80.02	-	28.46	80.37
Current Portion of Long-Term Debt	57.63	11.15	-	-	-	-
Current Portion of Leases	-	70.07	56.39	30.3	17.19	-
Current Income Taxes Payable	27.44	4.13	73.64	90.05	6.71	0.48
Current Unearned Revenue	270.54	229.83	619.53	343.59	296.03	121.17
Other Current Liabilities	562.86	644.01	957.5	537.8	260.7	96.2
Total Current Liabilities	2,344	2,397	5,055	3,065	1,989	920.58
Long-Term Debt	475	581.58	365.95	340.36	-	-
Long-Term Leases	934.57	981.15	131.81	100.01	81.47	76.47
Long-Term Unearned Revenue	80.81	104.68	140.98	58.32	0.2	0.3
Long-Term Deferred Tax Liabilities	-	-	1.1	0.2	1.4	2.28
Other Long-Term Liabilities	4.46	7.2	21.59	15.13	8.65	4.18
Total Liabilities	3,839	4,072	5,716	3,579	2,081	1,004
Common Stock	830.77	546.77	339.09	227.93	161.85	161.85
Additional Paid-In Capital	1,505	1,262	1,449	607.51	642.84	628.01
Retained Earnings	1,567	1,747	2,151	1,109	349.42	194.53
Comprehensive Income & Other	-0.11	124.48	122.66	122.67	-	-
Shareholders' Equity	3,902	3,680	4,062	2,067	1,154	984.4
Total Liabilities & Equity	7,741	7,752	9,778	5,646	3,235	1,988
Total Debt	1,566	1,800	634.16	470.66	127.12	156.84
Net Cash (Debt)	-898.2	-1,215	1,730	484.22	400.58	262.39
Net Cash Growth	-	-	257.22%	20.88%	52.66%	500.39%
Net Cash Per Share	-1.18	-1.57	2.31	0.67	0.55	0.44
Filing Date Shares Outstanding	830.77	765.48	759.56	714.79	710.59	710.59
Total Common Shares Outstanding	830.77	765.48	759.56	714.79	710.59	710.59
Working Capital	2,514	2,334	2,720	1,357	435.32	618.4
Book Value Per Share	4.70	4.81	5.35	2.89	1.62	1.39
Tangible Book Value	3,850	3,624	4,004	2,022	1,112	943.57
Tangible Book Value Per Share	4.63	4.73	5.27	2.83	1.56	1.33
Buildings	-	130.74	130.62	121.52	36.56	36.52
Machinery	-	1,709	1,199	862.83	399.55	212.04
Construction In Progress	-	136.5	373.6	62.49	168.71	43.53

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