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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	540.97	537.38	395.36	165.86	530.07	167.48
Trading Asset Securities	529.39	537.79	447.2	452.69	238.5	377.12
Cash & Short-Term Investments	1,070	1,075	842.57	618.55	768.57	544.6
Cash Growth	5.44%	27.61%	36.22%	-19.52%	41.13%	-6.05%
Accounts Receivable	175.78	256.41	270.1	254.38	112.39	88.24
Other Receivables	15.05	17.73	2.91	41.58	47.08	21.64
Receivables	190.83	274.14	273.01	295.96	159.47	109.89
Inventory	341.75	350.75	494.35	612.57	584.59	209.18
Other Current Assets	47.29	15.21	20.86	21.53	48.03	38.86
Total Current Assets	1,650	1,715	1,631	1,549	1,561	902.53
Property, Plant & Equipment	239.34	239.18	250.8	259.41	259.61	328.7
Long-Term Investments	58.32	42.15	39.94	38.88	32.55	11.95
Other Intangible Assets	12.88	10.7	5.51	5.48	6.32	0.85
Long-Term Deferred Tax Assets	5.58	4.24	4.32	3.82	2.06	1.08
Long-Term Deferred Charges	7.82	15.91	22.8	30.11	27.41	9.56
Other Long-Term Assets	67.93	70.47	73.19	73.49	77.94	9.05
Total Assets	2,042	2,098	2,027	1,960	1,967	1,264
Accounts Payable	151.14	168.06	172.37	96.18	208.78	113.93
Accrued Expenses	11.06	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	4.78	0.18	4.34	2.69	0.48	1.61
Current Unearned Revenue	31.9	23.41	31.34	106.36	155.83	38.96
Other Current Liabilities	5.01	3.91	10.2	16.73	18.98	8.15
Total Current Liabilities	203.88	233.27	256.53	262.84	417.64	183.04
Long-Term Leases	7.95	0.71	2.27	4.01	0.48	-
Long-Term Unearned Revenue	2.49	2.24	2.95	2.92	2.23	2.91
Long-Term Deferred Tax Liabilities	4.32	0.39	0.1	2.36	0.07	0.74
Total Liabilities	218.64	236.6	261.85	272.13	420.42	186.68
Common Stock	459.92	459.82	458.81	457.81	304.53	242.22
Additional Paid-In Capital	542.63	541.52	532.63	522.76	655.11	382.57
Retained Earnings	851.48	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	1,823	1,861	1,766	1,688	1,546	1,077
Total Liabilities & Equity	2,042	2,098	2,027	1,960	1,967	1,264
Total Debt	7.95	2.92	6.4	7.64	2.12	-
Net Cash (Debt)	1,062	1,072	836.17	610.9	766.45	544.6
Net Cash Growth	4.96%	28.23%	36.87%	-20.29%	40.74%	-6.05%
Net Cash Per Share	2.35	2.37	1.82	1.33	1.72	1.24
Filing Date Shares Outstanding	457.18	457.09	456.08	457.81	456.79	435.99
Total Common Shares Outstanding	457.18	457.09	456.61	457.81	456.79	435.99
Working Capital	1,446	1,482	1,374	1,286	1,143	719.49
Book Value Per Share	3.99	4.07	3.87	3.69	3.38	2.47
Tangible Book Value	1,811	1,851	1,760	1,682	1,540	1,076
Tangible Book Value Per Share	3.96	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.