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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	613.88	537.38	395.36	165.86	530.07	167.48
Trading Asset Securities	498.9	537.79	447.2	452.69	238.5	377.12
Cash & Short-Term Investments	1,113	1,075	842.57	618.55	768.57	544.6
Cash Growth	24.24%	27.61%	36.22%	-19.52%	41.13%	-6.05%
Accounts Receivable	176.11	256.41	270.1	254.38	112.39	88.24
Other Receivables	7.57	17.73	2.91	41.58	47.08	21.64
Receivables	183.68	274.14	273.01	295.96	159.47	109.89
Inventory	361.64	350.75	494.35	612.57	584.59	209.18
Other Current Assets	17.41	15.21	20.86	21.53	48.03	38.86
Total Current Assets	1,676	1,715	1,631	1,549	1,561	902.53
Property, Plant & Equipment	236.34	239.18	250.8	259.41	259.61	328.7
Long-Term Investments	37.21	42.15	39.94	38.88	32.55	11.95
Other Intangible Assets	10.16	10.7	5.51	5.48	6.32	0.85
Long-Term Deferred Tax Assets	3.7	4.24	4.32	3.82	2.06	1.08
Long-Term Deferred Charges	13.6	15.91	22.8	30.11	27.41	9.56
Other Long-Term Assets	74.87	70.47	73.19	73.49	77.94	9.05
Total Assets	2,051	2,098	2,027	1,960	1,967	1,264
Accounts Payable	138.34	168.06	172.37	96.18	208.78	113.93
Accrued Expenses	11.15	35.5	34.14	37.24	31.94	20.4
Current Portion of Leases	-	2.21	4.13	3.63	1.64	-
Current Income Taxes Payable	4.37	0.18	4.34	2.69	0.48	1.61
Current Unearned Revenue	18.06	23.41	31.34	106.36	155.83	38.96
Other Current Liabilities	3.14	3.91	10.2	16.73	18.98	8.15
Total Current Liabilities	175.06	233.27	256.53	262.84	417.64	183.04
Long-Term Leases	1.71	0.71	2.27	4.01	0.48	-
Long-Term Unearned Revenue	2.32	2.24	2.95	2.92	2.23	2.91
Long-Term Deferred Tax Liabilities	0.44	0.39	0.1	2.36	0.07	0.74
Total Liabilities	179.53	236.6	261.85	272.13	420.42	186.68
Common Stock	459.88	459.82	458.81	457.81	304.53	242.22
Additional Paid-In Capital	542.21	541.52	532.63	522.76	655.11	382.57
Retained Earnings	900.21	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	1,872	1,861	1,766	1,688	1,546	1,077
Total Liabilities & Equity	2,051	2,098	2,027	1,960	1,967	1,264
Total Debt	1.71	2.92	6.4	7.64	2.12	-
Net Cash (Debt)	1,111	1,072	836.17	610.9	766.45	544.6
Net Cash Growth	24.75%	28.23%	36.87%	-20.29%	40.74%	-6.05%
Net Cash Per Share	2.45	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	1,500	1,482	1,374	1,286	1,143	719.49
Book Value Per Share	4.09	4.07	3.87	3.69	3.38	2.47
Tangible Book Value	1,862	1,851	1,760	1,682	1,540	1,076
Tangible Book Value Per Share	4.07	4.05	3.85	3.67	3.37	2.47
Buildings	-	247.1	247.1	247.1	246.25	90.33
Machinery	-	44.54	43.54	40.27	33.32	25.58
Construction In Progress	-	-	-	-	-	230.87

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.