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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 1, 2021
Cash & Equivalents	491.44	475.03	495.64	343.99	427.42	160.8
Trading Asset Securities	28	110.35	1,868	610.9	100.29	258.43
Cash & Short-Term Investments	519.44	585.38	2,364	954.88	527.71	419.23
Cash Growth	-66.32%	-75.24%	147.56%	80.95%	25.87%	195.36%
Accounts Receivable	2,817	3,169	3,596	2,251	1,224	665.16
Other Receivables	67.35	42.86	37.49	4.88	4.77	70.34
Receivables	2,884	3,212	3,663	2,256	1,229	735.5
Inventory	764.53	662.35	1,566	1,050	557.59	338.65
Other Current Assets	225.5	271.56	181.42	161.46	110.57	45.59
Total Current Assets	4,394	4,732	7,775	4,422	2,424	1,539
Property, Plant & Equipment	2,325	2,480	1,593	1,020	643.92	350.3
Long-Term Investments	253.02	141.07	88.16	8.1	-	-
Other Intangible Assets	53.72	56.16	58.46	44.57	42.46	40.83
Long-Term Deferred Tax Assets	292.47	248.85	143.54	72.38	29.62	20.89
Long-Term Deferred Charges	67.4	77.25	73.54	62.45	36.7	21.07
Other Long-Term Assets	7.82	17.43	46.75	16.93	57.82	16.14
Total Assets	7,393	7,752	9,778	5,646	3,235	1,988
Accounts Payable	706.87	1,181	2,998	1,889	1,317	596.92
Accrued Expenses	84.64	100.96	269.62	174.57	62.7	25.43
Short-Term Debt	183.11	155.99	80.02	-	28.46	80.37
Current Portion of Long-Term Debt	17.33	11.15	-	-	-	-
Current Portion of Leases	69.37	70.07	56.39	30.3	17.19	-
Current Income Taxes Payable	12.11	4.13	73.64	90.05	6.71	0.48
Current Unearned Revenue	187.33	229.83	619.53	343.59	296.03	121.17
Other Current Liabilities	683.24	644.01	957.5	537.8	260.7	96.2
Total Current Liabilities	1,944	2,397	5,055	3,065	1,989	920.58
Long-Term Debt	884.92	581.58	365.95	340.36	-	-
Long-Term Leases	974.5	981.15	131.81	100.01	81.47	76.47
Long-Term Unearned Revenue	88.77	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	3.82	7.2	21.59	15.13	8.65	4.18
Total Liabilities	3,896	4,072	5,716	3,579	2,081	1,004
Common Stock	765.48	546.77	339.09	227.93	161.85	161.85
Additional Paid-In Capital	1,048	1,262	1,449	607.51	642.84	628.01
Retained Earnings	1,560	1,747	2,151	1,109	349.42	194.53
Comprehensive Income & Other	123.78	124.48	122.66	122.67	-	-
Shareholders' Equity	3,497	3,680	4,062	2,067	1,154	984.4
Total Liabilities & Equity	7,393	7,752	9,778	5,646	3,235	1,988
Total Debt	2,129	1,800	634.16	470.66	127.12	156.84
Net Cash (Debt)	-1,610	-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	-2.10	-1.57	2.31	0.67	0.55	0.44
Filing Date Shares Outstanding	765.48	765.48	759.56	714.79	710.59	710.59
Total Common Shares Outstanding	765.48	765.48	759.56	714.79	710.59	710.59
Working Capital	2,450	2,334	2,720	1,357	435.32	618.4
Book Value Per Share	4.57	4.81	5.35	2.89	1.62	1.39
Tangible Book Value	3,443	3,624	4,004	2,022	1,112	943.57
Tangible Book Value Per Share	4.50	4.73	5.27	2.83	1.56	1.33
Buildings	130.88	130.74	130.62	121.52	36.56	36.52
Machinery	1,860	1,709	1,199	862.83	399.55	212.04
Construction In Progress	27.8	136.5	373.6	62.49	168.71	43.53

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