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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	457.9	485.62	585.74	928.99	557.66	131.83
Short-Term Investments	32.29	65.16	174.57	15	13.93	-
Trading Asset Securities	295.59	212.37	120.97	200.02	25.3	375
Cash & Short-Term Investments	785.78	763.15	881.28	1,144	596.89	506.83
Cash Growth	-0.81%	-13.40%	-22.97%	91.66%	17.77%	1214.85%
Accounts Receivable	223.71	218.63	212.57	285.55	155.67	122.84
Other Receivables	9.81	32.99	26.97	5.54	5.92	35.71
Receivables	233.52	251.62	239.54	291.09	161.59	158.56
Inventory	322.73	369.24	333	150.83	270.64	303.33
Prepaid Expenses	-	-	-	-	0.3	-
Other Current Assets	22.46	12.83	10.15	16.51	11.71	15.05
Total Current Assets	1,364	1,397	1,464	1,602	1,041	983.77
Property, Plant & Equipment	20.85	26.92	42.98	28.47	34.82	46.29
Long-Term Investments	217.24	206.22	103.55	31.28	0.05	-
Other Intangible Assets	9.6	5.01	0.41	0.03	0.34	0.42
Long-Term Deferred Tax Assets	33.47	38.63	39.23	38.33	31.84	31.54
Long-Term Deferred Charges	5.01	6.71	1.75	6.42	8.84	5.05
Other Long-Term Assets	0.62	0.19	0.09	0.02	0.01	0.15
Total Assets	1,651	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	39.8	74.62	35.53	37.88	34.22	23.9
Accrued Expenses	22.66	34.69	30.34	41.85	56.53	29.06
Short-Term Debt	19.98	21.01	30	-	0.12	-
Current Portion of Long-Term Debt	32.39	28.36	-	-	-	-
Current Portion of Leases	5.11	5.06	6.72	6.84	7.28	4.99
Current Income Taxes Payable	-	-	0.7	-	0	-
Current Unearned Revenue	3.9	1.87	0.17	0.16	0.78	6.41
Other Current Liabilities	14.45	18.89	21.54	2.69	1.09	1.1
Total Current Liabilities	138.29	184.51	125	89.42	100.03	65.45
Long-Term Debt	32.34	48.51	-	-	-	-
Long-Term Leases	2.33	4.69	13.4	0.03	6.65	13.91
Long-Term Unearned Revenue	10.92	10.33	4.04	2.66	4.59	3.77
Long-Term Deferred Tax Liabilities	0.31	0.31	0	0.01	0.02	0.03
Total Liabilities	184.19	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	Jun 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	1,316	1,310	1,303	1,299	757.23	752.82
Retained Earnings	-193.67	-220.88	-178.91	-102.78	-112.71	-133.16
Treasury Stock	-75.56	-75.56	-30.64	-	-	-
Comprehensive Income & Other	-4.39	-6.17	-8.61	-5.82	0.41	3.59
Shareholders' Equity	1,467	1,432	1,510	1,615	1,006	984.05
Total Liabilities & Equity	1,651	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	92.15	107.64	50.12	6.88	14.05	18.9
Net Cash (Debt)	693.63	655.5	831.16	1,137	582.83	487.93
Net Cash Growth	13.73%	-21.13%	-26.91%	95.10%	19.45%	1610.32%
Net Cash Per Share	1.66	1.56	1.96	3.11	1.62	1.43
Filing Date Shares Outstanding	419.05	419.05	422.28	424.48	360.8	360.8
Total Common Shares Outstanding	419.05	419.05	422.28	424.48	360.8	360.8
Working Capital	1,226	1,212	1,339	1,513	941.1	918.32
Book Value Per Share	3.50	3.42	3.57	3.80	2.79	2.73
Tangible Book Value	1,457	1,427	1,509	1,615	1,005	983.63
Tangible Book Value Per Share	3.48	3.41	3.57	3.80	2.79	2.73
Machinery	61.1	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: Aug 24, 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:

Oct 6, 2026

Data Sources Report a data error