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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Cash & Equivalents	568.78	648.48	537.38	395.36	165.86	530.07
Trading Asset Securities	436.32	376.18	537.79	447.2	452.69	238.5
Cash & Short-Term Investments	1,005	1,025	1,075	842.57	618.55	768.57
Cash Growth	-6.10%	-4.70%	27.61%	36.22%	-19.52%	41.13%
Accounts Receivable	316.17	257.34	256.41	270.1	254.38	112.39
Other Receivables	13.59	23.97	17.73	2.91	41.58	47.08
Receivables	329.77	281.31	274.14	273.01	295.96	159.47
Inventory	367.52	349.81	350.75	494.35	612.57	584.59
Other Current Assets	57.63	29.86	15.21	20.86	21.53	48.03
Total Current Assets	1,760	1,686	1,715	1,631	1,549	1,561
Property, Plant & Equipment	339.73	335.56	239.18	250.8	259.41	259.61
Long-Term Investments	55.71	59.78	42.15	39.94	38.88	32.55
Other Intangible Assets	10.28	12.05	10.7	5.51	5.48	6.32
Long-Term Deferred Tax Assets	6.38	5.25	4.24	4.32	3.82	2.06
Long-Term Deferred Charges	4.87	6.86	15.91	22.8	30.11	27.41
Other Long-Term Assets	66.44	68.27	70.47	73.19	73.49	77.94
Total Assets	2,243	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Accounts Payable	195.62	242.51	168.06	172.37	96.18	208.78
Accrued Expenses	26.46	37.99	35.5	34.14	37.24	31.94
Short-Term Debt	30	-	-	-	-	-
Current Portion of Leases	-	2.94	2.21	4.13	3.63	1.64
Current Income Taxes Payable	7.66	0.87	0.18	4.34	2.69	0.48
Current Unearned Revenue	43.89	35.04	23.41	31.34	106.36	155.83
Other Current Liabilities	20.44	7.73	3.91	10.2	16.73	18.98
Total Current Liabilities	324.06	327.07	233.27	256.53	262.84	417.64
Long-Term Leases	5.92	3.65	0.71	2.27	4.01	0.48
Long-Term Unearned Revenue	4.01	5.3	2.24	2.95	2.92	2.23
Long-Term Deferred Tax Liabilities	3.64	0.8	0.39	0.1	2.36	0.07
Total Liabilities	337.64	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	Sep 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	550.58	542.63	541.52	532.63	522.76	655.11
Retained Earnings	908.11	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	1,906	1,837	1,861	1,766	1,688	1,546
Minority Interest	-0.26	0.05	-	-	-	-
Shareholders' Equity	1,906	1,837	1,861	1,766	1,688	1,546
Total Liabilities & Equity	2,243	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Total Debt	35.92	6.59	2.92	6.4	7.64	2.12
Net Cash (Debt)	969.18	1,018	1,072	836.17	610.9	766.45
Net Cash Growth	-8.77%	-5.05%	28.23%	36.87%	-20.29%	40.74%
Net Cash Per Share	2.06	2.18	2.37	1.82	1.33	1.72
Filing Date Shares Outstanding	423.43	457.18	457.09	456.08	457.81	456.79
Total Common Shares Outstanding	423.43	457.18	457.09	456.61	457.81	456.79
Working Capital	1,436	1,359	1,482	1,374	1,286	1,143
Book Value Per Share	4.50	4.02	4.07	3.87	3.69	3.38
Tangible Book Value	1,896	1,824	1,851	1,760	1,682	1,540
Tangible Book Value Per Share	4.48	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: Oct 26, 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:

Oct 28, 2026

Data Sources Report a data error