Qingmu Tec Co., Ltd. (SHE:301110)

Qingmu Tec 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	626.48	589.57	567.6	502.26	718.69	174.39
Trading Asset Securities	210.39	297.52	307.22	457.97	389.89	-
Cash & Short-Term Investments	836.87	887.09	874.82	960.23	1,109	174.39
Cash Growth	6.29%	1.40%	-8.89%	-13.38%	535.70%	38.12%
Accounts Receivable	221.14	221.1	163.34	226.95	154.53	179.89
Other Receivables	44.85	37.02	31.28	22.44	19.4	23.74
Receivables	266	258.12	194.63	249.39	173.93	203.63
Inventory	122.21	100.7	91.32	89.91	144.71	64.63
Prepaid Expenses	-	-	-	-	-	2.62
Other Current Assets	124.15	112.5	71.4	57.31	40.97	66.12
Total Current Assets	1,349	1,358	1,232	1,357	1,468	511.38
Property, Plant & Equipment	320.31	334.11	333.59	65.02	65.34	60.32
Long-Term Investments	90.29	82.1	75.58	58.33	47.64	11.39
Goodwill	5.25	5.25	5.25	5.23	-	-
Other Intangible Assets	46.51	47.13	48.25	48.82	0.23	0.57
Long-Term Deferred Tax Assets	4.11	4.05	2.55	7.61	3.28	1.78
Long-Term Deferred Charges	24.56	27.43	16.86	21.13	16.22	6.52
Other Long-Term Assets	6.22	-	1.87	3.63	2.8	6.72
Total Assets	1,846	1,865	1,729	1,583	1,604	598.68

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	64.35	76.66	102.04	30.8	34.15	9.35
Accrued Expenses	30.14	78.48	67.74	57.22	48.28	44.08
Short-Term Debt	19.06	35.7	7.46	-	17.64	38.65
Current Portion of Leases	-	21.4	23.61	20.92	25.31	15.45
Current Income Taxes Payable	17.48	12.34	7.15	4.13	4.98	13.91
Current Unearned Revenue	6.2	4.55	1.66	8.22	4.04	2.85
Other Current Liabilities	59.81	43.73	18.17	22.84	13.23	6.25
Total Current Liabilities	218.65	272.87	227.83	144.13	147.62	130.55
Long-Term Leases	53.06	64.06	79.31	13.58	31.06	28.4
Long-Term Unearned Revenue	2.71	2.83	-	-	-	-
Long-Term Deferred Tax Liabilities	1.96	1.98	1.63	2.13	2.4	1.78
Total Liabilities	276.37	341.73	308.76	159.84	181.07	160.73

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	129.55	92.54	92.54	66.67	66.67	50
Additional Paid-In Capital	894.13	931.61	930.51	974.41	961.9	38.34
Retained Earnings	527.57	477.82	391.79	377.92	365.84	339.82
Comprehensive Income & Other	0.5	0.5	-0	-	11.78	-
Total Common Equity	1,552	1,502	1,415	1,419	1,406	428.17
Minority Interest	18.36	20.41	5.5	4.59	16.44	9.78
Shareholders' Equity	1,570	1,523	1,420	1,424	1,423	437.94
Total Liabilities & Equity	1,846	1,865	1,729	1,583	1,604	598.68

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	93.73	121.16	110.37	34.5	74	82.51
Net Cash (Debt)	743.14	765.93	764.45	925.73	1,035	91.88
Net Cash Growth	11.33%	0.19%	-17.42%	-10.52%	1026.06%	-13.79%
Net Cash Per Share	5.74	5.91	5.89	7.10	8.41	0.94
Filing Date Shares Outstanding	129.53	129.55	129.55	130.67	130.67	98
Total Common Shares Outstanding	129.53	129.55	129.55	130.67	130.67	98
Working Capital	1,131	1,086	1,004	1,213	1,321	380.83
Book Value Per Share	11.98	11.60	10.92	10.86	10.76	4.37
Tangible Book Value	1,500	1,450	1,361	1,365	1,406	427.6
Tangible Book Value Per Share	11.58	11.19	10.51	10.45	10.76	4.36
Machinery	-	35.36	40.76	36.86	31.74	27.32
Construction In Progress	-	-	218.11	18.87	-	-

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 15, 2026

Data Sources Report a data error