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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	404.89	232.28	160.57	140.1	116.83
Short-Term Investments	-	57.18	296.45	96.96	83.22
Trading Asset Securities	30.01	70.22	20.04	40.39	53.12
Cash & Short-Term Investments	434.89	359.68	477.06	277.46	253.18
Cash Growth	-	-24.61%	71.94%	9.59%	-
Accounts Receivable	217.38	215.05	197.11	147.14	77.36
Other Receivables	20.14	0.75	2.61	0.46	0.31
Receivables	237.52	215.83	200.07	149.04	78.8
Inventory	448.69	197.37	147.91	146.49	119.69
Other Current Assets	186.04	60.24	71.23	61.55	53.53
Total Current Assets	1,307	833.11	896.28	634.54	505.2
Property, Plant & Equipment	372.64	354.76	360.98	258.13	105.06
Long-Term Investments	5.61	195.49	16.31	305.84	406.86
Goodwill	30.28	30.28	30.28	26.05	26.05
Other Intangible Assets	49.44	51.72	55.95	60.44	60.57
Long-Term Accounts Receivable	-	8.19	0.66	0.31	0.03
Long-Term Deferred Tax Assets	4.88	3.76	3.62	2.71	3.69
Long-Term Deferred Charges	22.03	12.97	6.66	7.73	3.45
Other Long-Term Assets	628.53	5.55	4.97	1.46	6.59
Total Assets	2,421	1,496	1,376	1,297	1,118

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Accounts Payable	232.2	125.31	113.28	118.87	70.17
Accrued Expenses	37.4	67.05	46.45	36.34	23.68
Short-Term Debt	212.07	100.05	85.09	112.09	-
Current Portion of Long-Term Debt	32.87	17.76	30.74	0.04	-
Current Portion of Leases	-	3.99	3.08	2.95	10.49
Current Income Taxes Payable	4.2	0.01	0.44	1.61	0.84
Current Unearned Revenue	274.42	139.03	82.89	78.79	75.92
Other Current Liabilities	40.04	22.08	20.57	12.93	11.16
Total Current Liabilities	833.19	475.28	382.53	363.61	192.26
Long-Term Debt	126.1	146.68	157.08	43.72	-
Long-Term Leases	5.62	5.26	3.04	5.28	14.71
Long-Term Unearned Revenue	37.46	45.54	39.15	25.01	8.09
Long-Term Deferred Tax Liabilities	0.83	0.89	1.58	1.79	1.92
Other Long-Term Liabilities	10.53	8.59	4.51	2.94	0.92
Total Liabilities	1,014	682.25	587.88	442.34	217.91

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Common Stock	400.01	360	29.29	29.29	29.29
Additional Paid-In Capital	1,452	754.61	1,051	1,027	1,375
Retained Earnings	-506.32	-359.89	-354.09	-280.01	-532.1
Comprehensive Income & Other	-1.26	-3.68	-0.86	-0.29	-
Total Common Equity	1,345	751.04	724.97	775.87	871.73
Minority Interest	61.95	62.54	62.86	79	27.87
Shareholders' Equity	1,407	813.57	787.83	854.87	899.6
Total Liabilities & Equity	2,421	1,496	1,376	1,297	1,118

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Total Debt	376.66	273.75	279.02	164.08	25.2
Net Cash (Debt)	58.23	85.93	198.04	113.38	227.97
Net Cash Growth	-	-56.61%	74.67%	-50.27%	-
Net Cash Per Share	0.20	0.30	0.56	0.32	-
Filing Date Shares Outstanding	395.02	360	360	358.9	-
Total Common Shares Outstanding	395.02	360	360	358.9	-
Working Capital	473.96	357.83	513.75	270.93	312.93
Book Value Per Share	3.40	2.09	2.01	2.16	-
Tangible Book Value	1,265	669.04	638.73	689.38	785.1
Tangible Book Value Per Share	3.20	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: Oct 27, 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 28, 2026

Data Sources Report a data error