Qinhui Technology International Co., Ltd (QHT)

QHT Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	0.93	0.55	0.49
Short-Term Investments	0.5	3.06	1.69
Cash & Cash Equivalents	1.43	3.6	2.18
Cash Growth	-	65.30%	-
Receivables	15.96	14.43	11.56
Inventory	2.26	2.78	3.41
Other Current Assets	0.88	1.48	0.23
Total Current Assets	20.53	22.3	17.38
Property, Plant & Equipment	-	4.05	3.79
Goodwill and Intangibles	-	0.58	0.53
Other Long-Term Assets	-	0.04	0.04
Total Long-Term Assets	-	4.68	4.36
Total Assets	-	26.98	21.74
Accounts Payable	-	13.56	9.49
Deferred Revenue	-	0.24	0.05
Current Debt	-	10.08	9.71
Other Current Liabilities	23.87	0.94	1.22
Total Current Liabilities	23.87	24.81	20.47
Long-Term Debt	-	0.04	-
Other Long-Term Liabilities	-	0.42	0.79
Total Long-Term Liabilities	-	0.46	0.79
Total Liabilities	-	25.27	21.26
Total Debt	12.03	10.11	9.71
Debt Growth	-	4.12%	-
Retained Earnings	-	-2.59	-2.98
Comprehensive Income	-	0.23	0.21
Shareholders' Equity	1.1	1.68	0.42
Net Cash / Debt	-10.6	-6.51	-7.53
Working Capital	-3.33	-2.51	-3.09

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).