Shenzhen Q&D Circuits Co., Ltd. (SHE:301628)

Shenzhen Q&D Circuits 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	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	819.38	346.25	331.26	179.3	127.53	120.58
Short-Term Investments	-	50.16	325	-	-	-
Trading Asset Securities	-	30	-	-	-	-
Cash & Short-Term Investments	819.38	426.41	656.26	179.3	127.53	120.58
Cash Growth	59.22%	-35.02%	266.00%	40.60%	5.76%	363.60%
Accounts Receivable	428.43	285.47	252.77	217.89	200.22	183.05
Other Receivables	2.3	4.01	2.69	1.5	2.06	1.51
Receivables	430.73	289.48	255.46	219.39	202.27	184.56
Inventory	177.12	78.69	58.55	46.46	44.92	52.79
Other Current Assets	48.77	32.94	11.53	4.2	5.46	7.43
Total Current Assets	1,476	827.52	981.8	449.36	380.19	365.36
Property, Plant & Equipment	808.35	623.88	351.81	300.78	290.21	270.04
Other Intangible Assets	30.79	28.25	25.62	23.56	23.82	3.28
Long-Term Deferred Tax Assets	14.74	5.57	4.75	4.14	3.75	4.57
Long-Term Deferred Charges	33.73	29.33	14.4	2.87	3.92	3.89
Other Long-Term Assets	3.34	38.88	2.54	7.6	5.93	2.55
Total Assets	2,367	1,553	1,381	788.3	707.81	649.7

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	Dec 31, 2022	Dec 31, 2021
Accounts Payable	437.33	268.36	195.55	181.67	171.24	201.35
Accrued Expenses	22.1	32.85	30	26.2	24.18	24.2
Short-Term Debt	-	-	-	-	12	12.5
Current Portion of Long-Term Debt	7.27	0.01	1.66	0.6	14.76	24.8
Current Portion of Leases	-	6.94	7.1	7.95	-	-
Current Income Taxes Payable	36.81	6.88	6.57	3.98	1.36	1.65
Current Unearned Revenue	1.38	1.18	0.96	1.72	3.18	1.05
Other Current Liabilities	8.24	6.55	5.4	3.29	3.04	3.32
Total Current Liabilities	513.14	322.77	247.26	225.4	229.76	268.87
Long-Term Debt	497.94	0.48	0.49	1.65	2.85	-
Long-Term Leases	41.47	47.06	45.06	41.27	49.14	62.12
Long-Term Unearned Revenue	14.77	9.85	7.45	8.02	8.58	-
Long-Term Deferred Tax Liabilities	1.12	1.24	1.41	1.58	1.75	-
Other Long-Term Liabilities	-	-	-	-	-	0.19
Total Liabilities	1,068	381.4	301.68	277.92	292.08	331.18

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	Dec 31, 2022	Dec 31, 2021
Common Stock	75.38	75.38	75.38	56.53	56.53	56.53
Additional Paid-In Capital	655.11	653.14	650.51	213.52	210.31	205.7
Retained Earnings	527.41	442.12	351.38	238.74	147.67	56.77
Comprehensive Income & Other	40.61	1.39	1.97	1.58	1.22	-0.49
Shareholders' Equity	1,299	1,172	1,079	510.38	415.74	318.52
Total Liabilities & Equity	2,367	1,553	1,381	788.3	707.81	649.7

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	Dec 31, 2022	Dec 31, 2021
Total Debt	546.69	54.49	54.32	51.47	78.75	99.43
Net Cash (Debt)	272.69	371.91	601.95	127.83	48.78	21.16
Net Cash Growth	-40.53%	-38.21%	370.88%	162.07%	130.56%	-
Net Cash Per Share	3.60	4.92	10.10	2.26	0.86	0.40
Filing Date Shares Outstanding	75.38	75.38	75.38	56.53	56.46	56.53
Total Common Shares Outstanding	75.38	75.38	75.38	56.53	56.46	56.53
Working Capital	962.86	504.75	734.54	223.95	150.42	96.5
Book Value Per Share	17.23	15.55	14.32	9.03	7.36	5.63
Tangible Book Value	1,268	1,144	1,054	486.82	391.92	315.24
Tangible Book Value Per Share	16.82	15.17	13.98	8.61	6.94	5.58
Buildings	-	97.04	93.46	93.46	77.03	77.03
Machinery	-	395.14	312.38	290.28	225.73	199.97
Construction In Progress	-	281.75	65.42	7.38	25.14	7.49

Data Source: S&P Global Market Intelligence Last updated: Oct 23, 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:

Nov 10, 2026

Data Sources Report a data error