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

SHE:300590 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Cash & Equivalents	531.37	648.48	537.38	395.36	165.86	530.07
Trading Asset Securities	413.28	376.18	537.79	447.2	452.69	238.5
Cash & Short-Term Investments	944.65	1,025	1,075	842.57	618.55	768.57
Cash Growth	-8.39%	-4.70%	27.61%	36.22%	-19.52%	41.13%
Accounts Receivable	382.92	257.34	256.41	270.1	254.38	112.39
Other Receivables	14.64	23.97	17.73	2.91	41.58	47.08
Receivables	397.55	281.31	274.14	273.01	295.96	159.47
Inventory	341.82	349.81	350.75	494.35	612.57	584.59
Other Current Assets	42.22	29.86	15.21	20.86	21.53	48.03
Total Current Assets	1,726	1,686	1,715	1,631	1,549	1,561
Property, Plant & Equipment	332.74	335.56	239.18	250.8	259.41	259.61
Long-Term Investments	52.82	59.78	42.15	39.94	38.88	32.55
Other Intangible Assets	10.92	12.05	10.7	5.51	5.48	6.32
Long-Term Deferred Tax Assets	4.24	5.25	4.24	4.32	3.82	2.06
Long-Term Deferred Charges	5.3	6.86	15.91	22.8	30.11	27.41
Other Long-Term Assets	66.6	68.27	70.47	73.19	73.49	77.94
Total Assets	2,199	2,173	2,098	2,027	1,960	1,967

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Accounts Payable	204.88	242.51	168.06	172.37	96.18	208.78
Accrued Expenses	13.39	37.99	35.5	34.14	37.24	31.94
Current Portion of Leases	-	2.94	2.21	4.13	3.63	1.64
Current Income Taxes Payable	5.72	0.87	0.18	4.34	2.69	0.48
Current Unearned Revenue	51.36	35.04	23.41	31.34	106.36	155.83
Other Current Liabilities	22.36	7.73	3.91	10.2	16.73	18.98
Total Current Liabilities	300.84	327.07	233.27	256.53	262.84	417.64
Long-Term Leases	2.39	3.65	0.71	2.27	4.01	0.48
Long-Term Unearned Revenue	4.32	5.3	2.24	2.95	2.92	2.23
Long-Term Deferred Tax Liabilities	0.46	0.8	0.39	0.1	2.36	0.07
Total Liabilities	308.01	336.83	236.6	261.85	272.13	420.42

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Common Stock	462.24	459.92	459.82	458.81	457.81	304.53
Additional Paid-In Capital	546.45	542.63	541.52	532.63	522.76	655.11
Retained Earnings	897.18	864.41	890.43	800.23	708.42	588.56
Treasury Stock	-14.89	-30.44	-30.44	-26.17	-1.32	-2.07
Total Common Equity	1,891	1,837	1,861	1,766	1,688	1,546
Minority Interest	-0.13	0.05	-	-	-	-
Shareholders' Equity	1,891	1,837	1,861	1,766	1,688	1,546
Total Liabilities & Equity	2,199	2,173	2,098	2,027	1,960	1,967

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Total Debt	5.53	6.59	2.92	6.4	7.64	2.12
Net Cash (Debt)	939.12	1,018	1,072	836.17	610.9	766.45
Net Cash Growth	-8.10%	-5.05%	28.23%	36.87%	-20.29%	40.74%
Net Cash Per Share	2.04	2.18	2.37	1.82	1.33	1.72
Filing Date Shares Outstanding	456.69	457.18	457.09	456.08	457.81	456.79
Total Common Shares Outstanding	456.69	457.18	457.09	456.61	457.81	456.79
Working Capital	1,425	1,359	1,482	1,374	1,286	1,143
Book Value Per Share	4.14	4.02	4.07	3.87	3.69	3.38
Tangible Book Value	1,880	1,824	1,851	1,760	1,682	1,540
Tangible Book Value Per Share	4.12	3.99	4.05	3.85	3.67	3.37
Buildings	-	247.1	247.1	247.1	247.1	246.25
Machinery	-	47.48	44.54	43.54	40.27	33.32
Construction In Progress	-	98.17	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 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:

Sep 14, 2026

Data Sources Report a data error