Grand Kangxi Communication Technologies (Shanghai) Co., Ltd. (SHA:688653)

SHA:688653 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	351.25	485.62	585.74	928.99	557.66	131.83
Short-Term Investments	-	65.16	174.57	15	13.93	-
Trading Asset Securities	247.24	212.37	120.97	200.02	25.3	375
Cash & Short-Term Investments	598.49	763.15	881.28	1,144	596.89	506.83
Cash Growth	-18.84%	-13.40%	-22.97%	91.66%	17.77%	1214.85%
Accounts Receivable	278.58	218.63	212.57	285.55	155.67	122.84
Other Receivables	5.75	32.99	26.97	5.54	5.92	35.71
Receivables	284.34	251.62	239.54	291.09	161.59	158.56
Inventory	386.77	369.24	333	150.83	270.64	303.33
Prepaid Expenses	-	-	-	-	0.3	-
Other Current Assets	61.25	12.83	10.15	16.51	11.71	15.05
Total Current Assets	1,331	1,397	1,464	1,602	1,041	983.77
Property, Plant & Equipment	24.4	26.92	42.98	28.47	34.82	46.29
Long-Term Investments	251.69	206.22	103.55	31.28	0.05	-
Other Intangible Assets	22.8	5.01	0.41	0.03	0.34	0.42
Long-Term Deferred Tax Assets	37.35	38.63	39.23	38.33	31.84	31.54
Long-Term Deferred Charges	4.19	6.71	1.75	6.42	8.84	5.05
Other Long-Term Assets	1.66	0.19	0.09	0.02	0.01	0.15
Total Assets	1,798	1,681	1,652	1,707	1,117	1,067

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	69.76	74.62	35.53	37.88	34.22	23.9
Accrued Expenses	12.56	34.69	30.34	41.85	56.53	29.06
Short-Term Debt	74.94	21.01	30	-	0.12	-
Current Portion of Long-Term Debt	37.95	28.36	-	-	-	-
Current Portion of Leases	-	5.06	6.72	6.84	7.28	4.99
Current Income Taxes Payable	2.24	-	0.7	-	0	-
Current Unearned Revenue	2.39	1.87	0.17	0.16	0.78	6.41
Other Current Liabilities	23.32	18.89	21.54	2.69	1.09	1.1
Total Current Liabilities	223.16	184.51	125	89.42	100.03	65.45
Long-Term Debt	32.34	48.51	-	-	-	-
Long-Term Leases	1.89	4.69	13.4	0.03	6.65	13.91
Long-Term Unearned Revenue	10.82	10.33	4.04	2.66	4.59	3.77
Long-Term Deferred Tax Liabilities	3.64	0.31	0	0.01	0.02	0.03
Total Liabilities	271.85	248.36	142.45	92.12	111.29	83.17

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	424.48	424.48	424.48	424.48	360.8	360.8
Additional Paid-In Capital	1,317	1,310	1,303	1,299	757.23	752.82
Retained Earnings	-163.35	-220.88	-178.91	-102.78	-112.71	-133.16
Treasury Stock	-83.1	-75.56	-30.64	-	-	-
Comprehensive Income & Other	-3.99	-6.17	-8.61	-5.82	0.41	3.59
Shareholders' Equity	1,527	1,432	1,510	1,615	1,006	984.05
Total Liabilities & Equity	1,798	1,681	1,652	1,707	1,117	1,067

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	147.12	107.64	50.12	6.88	14.05	18.9
Net Cash (Debt)	451.37	655.5	831.16	1,137	582.83	487.93
Net Cash Growth	-17.65%	-21.13%	-26.91%	95.10%	19.45%	1610.32%
Net Cash Per Share	1.08	1.56	1.96	3.11	1.62	1.43
Filing Date Shares Outstanding	418.25	419.05	422.28	424.48	360.8	360.8
Total Common Shares Outstanding	418.25	419.05	422.28	424.48	360.8	360.8
Working Capital	1,108	1,212	1,339	1,513	941.1	918.32
Book Value Per Share	3.56	3.42	3.57	3.80	2.79	2.73
Tangible Book Value	1,342	1,427	1,509	1,615	1,005	983.63
Tangible Book Value Per Share	3.21	3.41	3.57	3.80	2.79	2.73
Machinery	-	58.31	54.47	54.05	45.79	41.95
Construction In Progress	-	1.45	0.77	0.2	-	-

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 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 9, 2026

Data Sources Report a data error