QITIAN Technology Group Co., Ltd. (SHE:300061)

QITIAN Technology Group 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	165.47	401.26	414.15	377.33	121.46	415.17
Cash & Short-Term Investments	165.47	401.26	414.15	377.33	121.46	415.17
Cash Growth	-19.36%	-3.11%	9.76%	210.65%	-70.74%	-59.74%
Accounts Receivable	692.87	481.75	585.56	446.27	426.86	350.14
Other Receivables	41.41	40.43	54.65	56.23	56.93	83.57
Receivables	734.28	522.18	640.21	502.5	483.78	433.72
Inventory	2.81	2.79	3.98	9.18	13.94	30.76
Prepaid Expenses	-	0.02	-	-	-	-
Other Current Assets	296.02	245.79	226.28	291.41	259.33	296.93
Total Current Assets	1,199	1,172	1,285	1,180	878.51	1,177
Property, Plant & Equipment	13.68	15.12	20.13	15.71	21.43	42.65
Long-Term Investments	74.96	74.96	76.83	78.64	80	80
Goodwill	-	-	175.83	601.75	601.75	943.16
Other Intangible Assets	36.23	37.89	40.47	65.49	90.46	127.07
Long-Term Accounts Receivable	-	-	5.26	7.29	26.93	22.06
Long-Term Deferred Tax Assets	10.16	9.98	4.96	3.11	7.79	8
Long-Term Deferred Charges	4.52	1.81	3.67	1.28	2.23	6.32
Other Long-Term Assets	19.3	19.72	21.51	22.99	22.53	-
Total Assets	1,357	1,332	1,633	1,977	1,732	2,406
Accounts Payable	26.96	33.23	45.77	53.17	28.83	75.12
Accrued Expenses	9.13	25.42	31.84	48.75	42.32	76.96
Short-Term Debt	635.39	581.98	605.72	504.46	318.79	400.71
Current Portion of Long-Term Debt	-	-	-	-	2.41	24.91
Current Portion of Leases	7.05	7.51	7.66	4.44	5.06	-
Current Income Taxes Payable	3.57	1.5	0.25	4.74	5.52	7.31
Current Unearned Revenue	80.6	88.68	117.83	113.56	119.61	135.89
Other Current Liabilities	14.66	13.85	20.67	20.64	15.31	18.19
Total Current Liabilities	777.36	752.18	829.74	749.77	537.86	739.09
Long-Term Debt	-	-	-	-	5.78	76.06
Long-Term Leases	1.12	2.47	6.35	3.32	5.41	-
Long-Term Unearned Revenue	-	-	-	-	-	0.03
Long-Term Deferred Tax Liabilities	0.07	0.1	2.2	6.5	10.82	16.2
Other Long-Term Liabilities	7.67	8.65	11.61	11.59	11.87	6.3
Total Liabilities	786.22	763.39	849.89	771.17	571.75	837.69
Common Stock	658.99	658.99	658.99	658.99	660.94	669.87
Additional Paid-In Capital	1,886	1,886	1,886	1,847	1,867	1,890
Retained Earnings	-1,976	-1,979	-1,765	-1,269	-1,321	-954.75
Treasury Stock	-	-	-	-	-13.69	-39.76
Comprehensive Income & Other	-14.41	-14.41	-12.93	-11.25	-10	-10
Total Common Equity	554.67	551.84	767.54	1,226	1,184	1,556
Minority Interest	16.56	16.31	15.85	-20.3	-24.16	12.45
Shareholders' Equity	571.23	568.15	783.38	1,206	1,160	1,568
Total Liabilities & Equity	1,357	1,332	1,633	1,977	1,732	2,406
Total Debt	643.56	591.96	619.73	512.22	337.46	501.69
Net Cash (Debt)	-478.09	-190.7	-205.58	-134.89	-215.99	-86.52
Net Cash Per Share	-0.74	-0.29	-0.31	-0.21	-0.32	-0.13
Filing Date Shares Outstanding	658.99	658.99	658.99	658.99	504.1	671.37
Total Common Shares Outstanding	658.99	658.99	658.99	658.99	504.1	671.37
Working Capital	421.22	419.88	454.88	430.65	340.65	437.49
Book Value Per Share	0.84	0.84	1.16	1.86	2.35	2.32
Tangible Book Value	518.44	513.95	551.24	558.57	491.82	485.48
Tangible Book Value Per Share	0.79	0.78	0.84	0.85	0.98	0.72
Buildings	-	2.59	2.59	2.59	2.59	27.37
Machinery	-	12.63	13.01	16.52	27.59	39.45

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