CIQTEK Co., Ltd. (SHA:688828)

CIQTEK Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	75.19	232.28	160.57	140.1	116.83
Short-Term Investments	-	57.18	296.45	96.96	83.22
Trading Asset Securities	50.43	70.22	20.04	40.39	53.12
Cash & Short-Term Investments	125.62	359.68	477.06	277.46	253.18
Cash Growth	-	-24.61%	71.94%	9.59%	-
Accounts Receivable	192.06	215.05	197.11	147.14	77.36
Other Receivables	21.56	0.75	2.61	0.46	0.31
Receivables	213.62	215.83	200.07	149.04	78.8
Inventory	311.38	197.37	147.91	146.49	119.69
Other Current Assets	148.5	60.24	71.23	61.55	53.53
Total Current Assets	799.12	833.11	896.28	634.54	505.2
Property, Plant & Equipment	360.93	354.76	360.98	258.13	105.06
Long-Term Investments	6.14	195.49	16.31	305.84	406.86
Goodwill	30.28	30.28	30.28	26.05	26.05
Other Intangible Assets	50.17	51.72	55.95	60.44	60.57
Long-Term Accounts Receivable	6.2	8.19	0.66	0.31	0.03
Long-Term Deferred Tax Assets	4.5	3.76	3.62	2.71	3.69
Long-Term Deferred Charges	19.13	12.97	6.66	7.73	3.45
Other Long-Term Assets	279.18	5.55	4.97	1.46	6.59
Total Assets	1,556	1,496	1,376	1,297	1,118

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Accounts Payable	170.77	125.31	113.28	118.87	70.17
Accrued Expenses	24.92	67.05	46.45	36.34	23.68
Short-Term Debt	201.96	100.05	85.09	112.09	-
Current Portion of Long-Term Debt	-	17.76	30.74	0.04	-
Current Portion of Leases	-	3.99	3.08	2.95	10.49
Current Income Taxes Payable	5.14	0.01	0.44	1.61	0.84
Current Unearned Revenue	158.58	139.03	82.89	78.79	75.92
Other Current Liabilities	55.93	22.08	20.57	12.93	11.16
Total Current Liabilities	617.3	475.28	382.53	363.61	192.26
Long-Term Debt	126.1	146.68	157.08	43.72	-
Long-Term Leases	4.97	5.26	3.04	5.28	14.71
Long-Term Unearned Revenue	40.73	45.54	39.15	25.01	8.09
Long-Term Deferred Tax Liabilities	0.9	0.89	1.58	1.79	1.92
Other Long-Term Liabilities	10.15	8.59	4.51	2.94	0.92
Total Liabilities	800.15	682.25	587.88	442.34	217.91

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Common Stock	360	360	29.29	29.29	29.29
Additional Paid-In Capital	764.71	754.61	1,051	1,027	1,375
Retained Earnings	-430.21	-359.89	-354.09	-280.01	-532.1
Comprehensive Income & Other	-0.73	-3.68	-0.86	-0.29	-
Total Common Equity	693.77	751.04	724.97	775.87	871.73
Minority Interest	61.74	62.54	62.86	79	27.87
Shareholders' Equity	755.51	813.57	787.83	854.87	899.6
Total Liabilities & Equity	1,556	1,496	1,376	1,297	1,118

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Total Debt	333.03	273.75	279.02	164.08	25.2
Net Cash (Debt)	-207.41	85.93	198.04	113.38	227.97
Net Cash Growth	-	-56.61%	74.67%	-50.27%	-
Net Cash Per Share	-0.73	0.30	0.56	0.32	-
Filing Date Shares Outstanding	400.01	360	360	358.9	-
Total Common Shares Outstanding	360	360	360	358.9	-
Working Capital	181.82	357.83	513.75	270.93	312.93
Book Value Per Share	1.93	2.09	2.01	2.16	-
Tangible Book Value	613.32	669.04	638.73	689.38	785.1
Tangible Book Value Per Share	1.70	1.86	1.77	1.92	-
Buildings	-	279.66	279.66	5.89	-
Machinery	-	130.95	116.04	102.86	58.54
Construction In Progress	-	2.02	2.86	166.02	47.01

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Aug 23, 2026

Data Sources Report a data error