Queclink Wireless Solutions Co., Ltd. (SHE:300590)

SHE:300590 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	636.1	537.38	395.36	165.86	530.07	167.48
Trading Asset Securities	395.07	537.79	447.2	452.69	238.5	377.12
Cash & Short-Term Investments	1,031	1,075	842.57	618.55	768.57	544.6
Cash Growth	11.58%	27.61%	36.22%	-19.52%	41.13%	-6.05%
Accounts Receivable	180.75	256.41	270.1	254.38	112.39	88.24
Other Receivables	5.29	17.73	2.91	41.58	47.08	21.64
Receivables	186.04	274.14	273.01	295.96	159.47	109.89
Inventory	336.12	350.75	494.35	612.57	584.59	209.18
Other Current Assets	12.98	15.21	20.86	21.53	48.03	38.86
Total Current Assets	1,566	1,715	1,631	1,549	1,561	902.53
Property, Plant & Equipment	241.46	239.18	250.8	259.41	259.61	328.7
Long-Term Investments	61.32	42.15	39.94	38.88	32.55	11.95
Other Intangible Assets	13	10.7	5.51	5.48	6.32	0.85
Long-Term Deferred Tax Assets	4.24	4.24	4.32	3.82	2.06	1.08
Long-Term Deferred Charges	8.99	15.91	22.8	30.11	27.41	9.56
Other Long-Term Assets	68.65	70.47	73.19	73.49	77.94	9.05
Total Assets	1,964	2,098	2,027	1,960	1,967	1,264
Accounts Payable	112.38	168.06	172.37	96.18	208.78	113.93
Accrued Expenses	15.05	35.5	34.14	37.24	31.94	20.4
Current Portion of Leases	3.64	2.21	4.13	3.63	1.64	-
Current Income Taxes Payable	-	0.18	4.34	2.69	0.48	1.61
Current Unearned Revenue	29.11	23.41	31.34	106.36	155.83	38.96
Other Current Liabilities	1.92	3.91	10.2	16.73	18.98	8.15
Total Current Liabilities	162.11	233.27	256.53	262.84	417.64	183.04
Long-Term Leases	5.59	0.71	2.27	4.01	0.48	-
Long-Term Unearned Revenue	2.1	2.24	2.95	2.92	2.23	2.91
Long-Term Deferred Tax Liabilities	1.57	0.39	0.1	2.36	0.07	0.74
Total Liabilities	171.37	236.6	261.85	272.13	420.42	186.68
Common Stock	459.89	459.82	458.81	457.81	304.53	242.22
Additional Paid-In Capital	542.29	541.52	532.63	522.76	655.11	382.57
Retained Earnings	820.87	890.43	800.23	708.42	588.56	457.22
Treasury Stock	-30.44	-30.44	-26.17	-1.32	-2.07	-4.97
Shareholders' Equity	1,793	1,861	1,766	1,688	1,546	1,077
Total Liabilities & Equity	1,964	2,098	2,027	1,960	1,967	1,264
Total Debt	9.23	2.92	6.4	7.64	2.12	-
Net Cash (Debt)	1,022	1,072	836.17	610.9	766.45	544.6
Net Cash Growth	11.09%	28.23%	36.87%	-20.29%	40.74%	-6.05%
Net Cash Per Share	2.26	2.37	1.82	1.33	1.72	1.24
Filing Date Shares Outstanding	457.15	457.09	456.08	457.81	456.79	435.99
Total Common Shares Outstanding	457.15	457.09	456.61	457.81	456.79	435.99
Working Capital	1,404	1,482	1,374	1,286	1,143	719.49
Book Value Per Share	3.92	4.07	3.87	3.69	3.38	2.47
Tangible Book Value	1,780	1,851	1,760	1,682	1,540	1,076
Tangible Book Value Per Share	3.89	4.05	3.85	3.67	3.37	2.47
Buildings	247.1	247.1	247.1	247.1	246.25	90.33
Machinery	45.75	44.54	43.54	40.27	33.32	25.58
Construction In Progress	-	-	-	-	-	230.87

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.