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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Cash & Equivalents	280.59	461.18	258.85	621.34	517.82	96.94
Trading Asset Securities	240.85	90.14	230.37	30.02	139.49	312.4
Cash & Short-Term Investments	521.44	551.33	489.22	651.37	657.31	409.34
Cash Growth	-25.18%	12.70%	-24.89%	-0.90%	60.58%	-7.53%
Accounts Receivable	53.35	56.13	85.62	68.63	59.1	46.53
Other Receivables	116.34	117.41	10.62	9.68	9.02	7.09
Receivables	169.69	173.54	96.24	78.32	68.12	53.62
Inventory	90.06	88.26	70.78	112.41	138.98	122.76
Prepaid Expenses	-	-	-	0.13	2.28	0.06
Other Current Assets	30.49	26.28	18.49	20.01	5.38	13.32
Total Current Assets	811.68	839.4	674.73	862.22	872.06	599.1
Property, Plant & Equipment	443.88	409.88	346.26	383.07	313.6	339.12
Long-Term Investments	19.29	10.44	329.23	214.54	205.22	230.04
Goodwill	17.79	17.79	-	-	-	-
Other Intangible Assets	117.33	118.72	81.53	70.59	58.38	59.62
Long-Term Deferred Tax Assets	21.54	15.48	14.56	11.23	7.48	5.81
Long-Term Deferred Charges	34.28	30.92	26.93	3.69	1.58	1.75
Other Long-Term Assets	82.15	79.4	100.03	179.46	124.77	110.25
Total Assets	1,548	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Accounts Payable	105.3	79.92	83.4	93.61	76.05	74.07
Accrued Expenses	16.13	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	13.84	10.01	44.31	2.93	2.3	-
Current Unearned Revenue	49.32	52.57	56.31	53.54	58	47.6
Other Current Liabilities	38.86	42.94	37.92	62.56	27.15	21.19
Total Current Liabilities	227.84	209.91	283.67	519.58	475.67	316.53
Long-Term Leases	8.45	6.82	0.76	1.07	-	1.86
Long-Term Unearned Revenue	34.35	29.52	27.39	23.97	26.54	23.39
Long-Term Deferred Tax Liabilities	1.41	1.68	0.09	0.59	-	-
Total Liabilities	272.05	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	Jun 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	405.99	406.13	406.13	406.13	406.13
Retained Earnings	631.45	628.36	615.19	538.55	435.41	357.76
Comprehensive Income & Other	-1.63	-0.67	0.03	-	-	-
Total Common Equity	1,276	1,274	1,261	1,185	1,082	1,004
Minority Interest	0.08	0.44	-	-5.1	-0.67	-
Shareholders' Equity	1,276	1,274	1,261	1,180	1,081	1,004
Total Liabilities & Equity	1,548	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Total Debt	12.85	9.14	42.06	283.8	280.36	147.61
Net Cash (Debt)	508.59	542.19	447.16	367.57	376.95	261.73
Net Cash Growth	-6.80%	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	244.51	240	240	240	240	240
Total Common Shares Outstanding	244.51	240	240	240	240	240
Working Capital	583.84	629.49	391.06	342.64	396.39	282.56
Book Value Per Share	5.22	5.31	5.26	4.94	4.51	4.18
Tangible Book Value	1,141	1,137	1,180	1,114	1,023	944.28
Tangible Book Value Per Share	4.67	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: Aug 28, 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 16, 2026

Data Sources Report a data error