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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	298.12	346.25	331.26	179.3	127.53	120.58
Short-Term Investments	-	50.16	325	-	-	-
Trading Asset Securities	-	30	-	-	-	-
Cash & Short-Term Investments	298.12	426.41	656.26	179.3	127.53	120.58
Cash Growth	-48.15%	-35.02%	266.00%	40.60%	5.76%	363.60%
Accounts Receivable	365.9	285.47	252.77	217.89	200.22	183.05
Other Receivables	3.08	4.01	2.69	1.5	2.06	1.51
Receivables	368.98	289.48	255.46	219.39	202.27	184.56
Inventory	123.32	78.69	58.55	46.46	44.92	52.79
Other Current Assets	43.57	32.94	11.53	4.2	5.46	7.43
Total Current Assets	833.99	827.52	981.8	449.36	380.19	365.36
Property, Plant & Equipment	802.41	623.88	351.81	300.78	290.21	270.04
Other Intangible Assets	28.25	28.25	25.62	23.56	23.82	3.28
Long-Term Deferred Tax Assets	11.61	5.57	4.75	4.14	3.75	4.57
Long-Term Deferred Charges	32.57	29.33	14.4	2.87	3.92	3.89
Other Long-Term Assets	4.41	38.88	2.54	7.6	5.93	2.55
Total Assets	1,713	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	401.68	268.36	195.55	181.67	171.24	201.35
Accrued Expenses	40.41	32.85	30	26.2	24.18	24.2
Short-Term Debt	-	-	-	-	12	12.5
Current Portion of Long-Term Debt	0.02	0.01	1.66	0.6	14.76	24.8
Current Portion of Leases	7.15	6.94	7.1	7.95	-	-
Current Income Taxes Payable	5.71	6.88	6.57	3.98	1.36	1.65
Current Unearned Revenue	0.87	1.18	0.96	1.72	3.18	1.05
Other Current Liabilities	4.86	6.55	5.4	3.29	3.04	3.32
Total Current Liabilities	460.69	322.77	247.26	225.4	229.76	268.87
Long-Term Debt	0.47	0.48	0.49	1.65	2.85	-
Long-Term Leases	43.3	47.06	45.06	41.27	49.14	62.12
Long-Term Unearned Revenue	15.15	9.85	7.45	8.02	8.58	-
Long-Term Deferred Tax Liabilities	1.16	1.24	1.41	1.58	1.75	-
Other Long-Term Liabilities	-	-	-	-	-	0.19
Total Liabilities	520.77	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	Jun 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	654.46	653.14	650.51	213.52	210.31	205.7
Retained Earnings	462.09	442.12	351.38	238.74	147.67	56.77
Comprehensive Income & Other	0.55	1.39	1.97	1.58	1.22	-0.49
Shareholders' Equity	1,192	1,172	1,079	510.38	415.74	318.52
Total Liabilities & Equity	1,713	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	50.93	54.49	54.32	51.47	78.75	99.43
Net Cash (Debt)	247.19	371.91	601.95	127.83	48.78	21.16
Net Cash Growth	-52.85%	-38.21%	370.88%	162.07%	130.56%	-
Net Cash Per Share	3.26	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	373.3	504.75	734.54	223.95	150.42	96.5
Book Value Per Share	15.82	15.55	14.32	9.03	7.36	5.63
Tangible Book Value	1,164	1,144	1,054	486.82	391.92	315.24
Tangible Book Value Per Share	15.45	15.17	13.98	8.61	6.94	5.58
Buildings	335.58	97.04	93.46	93.46	77.03	77.03
Machinery	573.89	395.14	312.38	290.28	225.73	199.97
Construction In Progress	65.85	281.75	65.42	7.38	25.14	7.49

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 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