Qingyan Environmental Technology Co., Ltd. (SHE:301288)

SHE:301288 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	131.37	188.82	320.87	299.37	391.42	13.67
Trading Asset Securities	107.46	144.13	174.24	265.33	221.81	191.09
Cash & Short-Term Investments	238.82	332.94	495.12	564.7	613.23	204.77
Cash Growth	-38.70%	-32.75%	-12.32%	-7.91%	199.48%	-0.10%
Accounts Receivable	197.57	205.41	182.76	164.44	138.91	144.3
Other Receivables	17.24	2.97	0.9	0.83	0.72	1.24
Receivables	214.81	208.38	183.67	165.28	139.63	145.53
Inventory	83.21	61.1	23.36	13.72	13.54	13.49
Other Current Assets	41.52	36.83	20.56	12.26	15.7	9.25
Total Current Assets	578.36	639.25	722.71	755.96	782.1	373.04
Property, Plant & Equipment	444.43	345.07	182.17	178.72	116.09	21.73
Long-Term Investments	-	-	-	2.91	2.45	2.04
Goodwill	37.04	5.25	-	-	-	-
Other Intangible Assets	73.47	58.06	15.55	15.91	15.94	16.28
Long-Term Deferred Tax Assets	10.76	11.02	7.83	5.21	2.98	1.79
Long-Term Deferred Charges	2.53	2.11	-	-	-	-
Other Long-Term Assets	4.93	0.78	2.76	2.61	2.29	13.51
Total Assets	1,152	1,062	931.01	961.32	921.85	428.39

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	133.11	115.57	91.26	75.88	45.04	14.38
Accrued Expenses	7.29	12.27	5.26	8.91	13.32	13.92
Short-Term Debt	39.31	25.02	10.51	13.66	26.72	17.82
Current Portion of Leases	24.85	1.26	0.78	1.34	1.34	2.62
Current Income Taxes Payable	0.02	0.79	1.33	4.6	7.12	5.35
Current Unearned Revenue	37.46	18.67	9.28	4.9	9.07	7.48
Other Current Liabilities	33.22	24.09	3.71	2.84	2.43	2.29
Total Current Liabilities	285.31	197.66	122.13	112.12	105.04	63.86
Long-Term Leases	16.37	1.98	-	0.67	1.13	2.59
Long-Term Unearned Revenue	15.62	15.84	0.6	0.02	0.38	0.13
Long-Term Deferred Tax Liabilities	16.56	10.75	0.39	0.54	0.38	0.17
Other Long-Term Liabilities	7.41	6.01	-	-	-	-
Total Liabilities	366.27	232.23	123.11	113.35	106.93	66.75

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	108.01	108.01	108.01	108.01	108.01	81
Additional Paid-In Capital	649.88	643.67	638.05	624.68	612.58	184.08
Retained Earnings	46.93	64.47	86.74	115.59	94.63	96.68
Treasury Stock	-25.7	-25.7	-25.7	-	-	-
Comprehensive Income & Other	1.61	1.11	0	-	-	-
Total Common Equity	780.73	791.57	807.11	848.28	815.22	361.76
Minority Interest	4.52	37.75	0.8	-0.31	-0.3	-0.12
Shareholders' Equity	785.25	829.32	807.91	847.98	814.92	361.64
Total Liabilities & Equity	1,152	1,062	931.01	961.32	921.85	428.39

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	115.58	28.26	11.29	15.67	29.19	23.02
Net Cash (Debt)	123.25	304.68	483.83	549.04	584.04	181.74
Net Cash Growth	-68.03%	-37.03%	-11.88%	-5.99%	221.36%	-5.15%
Net Cash Per Share	1.16	2.87	4.52	4.98	5.75	2.25
Filing Date Shares Outstanding	106.33	106.33	106.33	108.01	108.01	108.01
Total Common Shares Outstanding	106.33	106.33	106.33	108.01	108.01	81
Working Capital	293.05	441.6	600.58	643.84	677.06	309.18
Book Value Per Share	7.34	7.44	7.59	7.85	7.55	4.47
Tangible Book Value	670.22	728.26	791.56	832.37	799.28	345.48
Tangible Book Value Per Share	6.30	6.85	7.44	7.71	7.40	4.27
Buildings	324.26	252.15	65.87	65.87	-	-
Machinery	170.98	126.89	9.22	8.93	5.44	5.2
Construction In Progress	16.17	56.79	113.81	105.77	108.02	6.73

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:

Oct 8, 2026

Data Sources Report a data error