Qingdao Kutesmart Co.,Ltd. (SHE:300840)

Qingdao Kutesmart 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	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	537.69	258.85	621.34	517.82	96.94	162.67
Trading Asset Securities	159.26	230.37	30.02	139.49	312.4	280
Cash & Short-Term Investments	696.95	489.22	651.37	657.31	409.34	442.67
Cash Growth	52.58%	-24.89%	-0.90%	60.58%	-7.53%	131.86%
Accounts Receivable	85.6	85.62	68.63	59.1	46.53	34.14
Other Receivables	113.75	10.62	9.68	9.02	7.09	6.66
Receivables	199.35	96.24	78.32	68.12	53.62	40.8
Inventory	74.31	70.78	112.41	138.98	122.76	99.53
Prepaid Expenses	-	-	0.13	2.28	0.06	0.09
Other Current Assets	25.66	18.49	20.01	5.38	13.32	16.2
Total Current Assets	996.27	674.73	862.22	872.06	599.1	599.29
Property, Plant & Equipment	356.3	346.26	383.07	313.6	339.12	344.86
Long-Term Investments	7.82	325.63	214.54	205.22	230.04	-
Other Intangible Assets	79.36	81.53	70.59	58.38	59.62	63.85
Long-Term Deferred Tax Assets	14.61	14.56	11.23	7.48	5.81	15.86
Long-Term Deferred Charges	59	26.93	3.69	1.58	1.75	1.5
Other Long-Term Assets	93.33	103.63	179.46	124.77	110.25	108.5
Total Assets	1,624	1,573	1,725	1,583	1,346	1,134
Accounts Payable	73.73	83.4	93.61	76.05	74.07	65.96
Accrued Expenses	18.42	20.44	24.22	31.83	27.92	24.54
Short-Term Debt	150.12	40.04	280.32	280.36	145.18	-
Current Portion of Leases	-	1.26	2.41	-	0.56	-
Current Income Taxes Payable	4.64	44.31	2.93	2.3	-	1.94
Current Unearned Revenue	45.97	56.31	53.54	58	47.6	46.65
Other Current Liabilities	38.31	37.92	62.56	27.15	21.19	21.44
Total Current Liabilities	331.18	283.67	519.58	475.67	316.53	160.53
Long-Term Leases	1.17	0.76	1.07	-	1.86	-
Long-Term Unearned Revenue	28.82	27.39	23.97	26.54	23.39	26.48
Long-Term Deferred Tax Liabilities	-	0.09	0.59	-	-	-
Total Liabilities	361.17	311.91	545.21	502.22	341.79	187.01
Common Stock	240	240	240	240	240	240
Additional Paid-In Capital	406.02	406.13	406.13	406.13	406.13	406.13
Retained Earnings	616.51	615.19	538.55	435.41	357.76	300.7
Comprehensive Income & Other	0.01	0.03	-	-	-	-
Total Common Equity	1,263	1,261	1,185	1,082	1,004	946.83
Minority Interest	0.8	-	-5.1	-0.67	-	-
Shareholders' Equity	1,263	1,261	1,180	1,081	1,004	946.83
Total Liabilities & Equity	1,624	1,573	1,725	1,583	1,346	1,134
Total Debt	151.28	42.06	283.8	280.36	147.61	-
Net Cash (Debt)	545.67	447.16	367.57	376.95	261.73	442.67
Net Cash Growth	54.33%	21.65%	-2.49%	44.02%	-40.88%	131.86%
Net Cash Per Share	2.34	1.87	1.55	1.59	1.11	2.14
Filing Date Shares Outstanding	240	240	240	240	240	240
Total Common Shares Outstanding	240	240	240	240	240	240
Working Capital	665.1	391.06	342.64	396.39	282.56	438.76
Book Value Per Share	5.26	5.26	4.94	4.51	4.18	3.95
Tangible Book Value	1,165	1,180	1,114	1,023	944.28	882.98
Tangible Book Value Per Share	4.86	4.92	4.64	4.26	3.93	3.68
Buildings	282.9	280.15	244.15	225.24	226.77	225.93
Machinery	217.2	211.12	289.9	249.58	245.49	225.05
Construction In Progress	71.21	53.35	45.3	8.06	2.95	3.52

Source: S&P Global Market Intelligence. Standard template. Financial Sources.