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

Qingdao Kutesmart 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	Jan 1, 2022
Cash & Equivalents	279.34	461.18	258.85	621.34	517.82	96.94
Trading Asset Securities	220.49	90.14	230.37	30.02	139.49	312.4
Cash & Short-Term Investments	499.83	551.33	489.22	651.37	657.31	409.34
Cash Growth	-20.55%	12.70%	-24.89%	-0.90%	60.58%	-7.53%
Accounts Receivable	63.2	56.13	85.62	68.63	59.1	46.53
Other Receivables	24.1	117.41	10.62	9.68	9.02	7.09
Receivables	87.31	173.54	96.24	78.32	68.12	53.62
Inventory	91.35	88.26	70.78	112.41	138.98	122.76
Prepaid Expenses	-	-	-	0.13	2.28	0.06
Other Current Assets	35.82	26.28	18.49	20.01	5.38	13.32
Total Current Assets	714.3	839.4	674.73	862.22	872.06	599.1
Property, Plant & Equipment	444.56	409.88	346.26	383.07	313.6	339.12
Long-Term Investments	128.56	10.44	329.23	214.54	205.22	230.04
Goodwill	17.79	17.79	-	-	-	-
Other Intangible Assets	115.38	118.72	81.53	70.59	58.38	59.62
Long-Term Deferred Tax Assets	18.56	15.48	14.56	11.23	7.48	5.81
Long-Term Deferred Charges	34	30.92	26.93	3.69	1.58	1.75
Other Long-Term Assets	79.9	79.4	100.03	179.46	124.77	110.25
Total Assets	1,553	1,522	1,573	1,725	1,583	1,346

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	Jan 1, 2022
Accounts Payable	79.42	79.92	83.4	93.61	76.05	74.07
Accrued Expenses	29.62	22.15	20.44	24.22	31.83	27.92
Short-Term Debt	-	-	40.04	280.32	280.36	145.18
Current Portion of Leases	-	2.32	1.26	2.41	-	0.56
Current Income Taxes Payable	-	10.01	44.31	2.93	2.3	-
Current Unearned Revenue	55.49	52.57	56.31	53.54	58	47.6
Other Current Liabilities	68.6	42.94	37.92	62.56	27.15	21.19
Total Current Liabilities	233.13	209.91	283.67	519.58	475.67	316.53
Long-Term Leases	6.82	6.82	0.76	1.07	-	1.86
Long-Term Unearned Revenue	33.36	29.52	27.39	23.97	26.54	23.39
Long-Term Deferred Tax Liabilities	1.29	1.68	0.09	0.59	-	-
Total Liabilities	274.59	247.93	311.91	545.21	502.22	341.79

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	Jan 1, 2022
Common Stock	240	240	240	240	240	240
Additional Paid-In Capital	-	405.99	406.13	406.13	406.13	406.13
Retained Earnings	634.75	628.36	615.19	538.55	435.41	357.76
Comprehensive Income & Other	403.33	-0.67	0.03	-	-	-
Total Common Equity	1,278	1,274	1,261	1,185	1,082	1,004
Minority Interest	0.39	0.44	-	-5.1	-0.67	-
Shareholders' Equity	1,278	1,274	1,261	1,180	1,081	1,004
Total Liabilities & Equity	1,553	1,522	1,573	1,725	1,583	1,346

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	Jan 1, 2022
Total Debt	6.82	9.14	42.06	283.8	280.36	147.61
Net Cash (Debt)	493.01	542.19	447.16	367.57	376.95	261.73
Net Cash Growth	-11.49%	21.25%	21.65%	-2.49%	44.02%	-40.88%
Net Cash Per Share	1.99	2.19	1.87	1.55	1.59	1.11
Filing Date Shares Outstanding	227.51	240	240	240	240	240
Total Common Shares Outstanding	227.51	240	240	240	240	240
Working Capital	481.18	629.49	391.06	342.64	396.39	282.56
Book Value Per Share	5.62	5.31	5.26	4.94	4.51	4.18
Tangible Book Value	1,145	1,137	1,180	1,114	1,023	944.28
Tangible Book Value Per Share	5.03	4.74	4.92	4.64	4.26	3.93
Buildings	-	375.87	280.15	244.15	225.24	226.77
Machinery	-	233.51	211.12	289.9	249.58	245.49
Construction In Progress	-	20.46	53.35	45.3	8.06	2.95

Data Source: S&P Global Market Intelligence Last updated: Oct 25, 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