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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 1, 2021
Cash & Equivalents	471.11	475.03	495.64	343.99	427.42	160.8
Trading Asset Securities	100.07	110.35	1,868	610.9	100.29	258.43
Cash & Short-Term Investments	571.18	585.38	2,364	954.88	527.71	419.23
Cash Growth	-69.28%	-75.24%	147.56%	80.95%	25.87%	195.36%
Accounts Receivable	3,061	3,169	3,596	2,251	1,224	665.16
Other Receivables	57.99	42.86	37.49	4.88	4.77	70.34
Receivables	3,119	3,212	3,663	2,256	1,229	735.5
Inventory	664.21	662.35	1,566	1,050	557.59	338.65
Other Current Assets	238.89	271.56	181.42	161.46	110.57	45.59
Total Current Assets	4,593	4,732	7,775	4,422	2,424	1,539
Property, Plant & Equipment	2,390	2,480	1,593	1,020	643.92	350.3
Long-Term Investments	152.08	141.07	88.16	8.1	-	-
Other Intangible Assets	55.25	56.16	58.46	44.57	42.46	40.83
Long-Term Deferred Tax Assets	280.41	248.85	143.54	72.38	29.62	20.89
Long-Term Deferred Charges	77.21	77.25	73.54	62.45	36.7	21.07
Other Long-Term Assets	15.75	17.43	46.75	16.93	57.82	16.14
Total Assets	7,564	7,752	9,778	5,646	3,235	1,988
Accounts Payable	990.05	1,181	2,998	1,889	1,317	596.92
Accrued Expenses	59.92	100.96	269.62	174.57	62.7	25.43
Short-Term Debt	149.27	155.99	80.02	-	28.46	80.37
Current Portion of Long-Term Debt	-	11.15	-	-	-	-
Current Portion of Leases	85.94	70.07	56.39	30.3	17.19	-
Current Income Taxes Payable	19.21	4.13	73.64	90.05	6.71	0.48
Current Unearned Revenue	235.84	229.83	619.53	343.59	296.03	121.17
Other Current Liabilities	456.74	644.01	957.5	537.8	260.7	96.2
Total Current Liabilities	1,997	2,397	5,055	3,065	1,989	920.58
Long-Term Debt	883	581.58	365.95	340.36	-	-
Long-Term Leases	972.56	981.15	131.81	100.01	81.47	76.47
Long-Term Unearned Revenue	96.8	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	6.64	7.2	21.59	15.13	8.65	4.18
Total Liabilities	3,956	4,072	5,716	3,579	2,081	1,004
Common Stock	546.77	546.77	339.09	227.93	161.85	161.85
Additional Paid-In Capital	1,265	1,262	1,449	607.51	642.84	628.01
Retained Earnings	1,672	1,747	2,151	1,109	349.42	194.53
Comprehensive Income & Other	124.24	124.48	122.66	122.67	-	-
Shareholders' Equity	3,608	3,680	4,062	2,067	1,154	984.4
Total Liabilities & Equity	7,564	7,752	9,778	5,646	3,235	1,988
Total Debt	2,091	1,800	634.16	470.66	127.12	156.84
Net Cash (Debt)	-1,520	-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	-2.77	-2.20	3.23	0.94	0.78	0.61
Filing Date Shares Outstanding	546.77	546.77	542.54	510.57	507.57	507.57
Total Common Shares Outstanding	546.77	546.77	542.54	510.57	507.57	507.57
Working Capital	2,596	2,334	2,720	1,357	435.32	618.4
Book Value Per Share	6.60	6.73	7.49	4.05	2.27	1.94
Tangible Book Value	3,553	3,624	4,004	2,022	1,112	943.57
Tangible Book Value Per Share	6.50	6.63	7.38	3.96	2.19	1.86
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.