QingCloud Technologies Corp. Total Assets
QingCloud Technologies Corp. total assets. Based on the latest financial reports, QingCloud Technologies Corp. (688316) holds total assets worth CN¥337.47 Million CNY (≈ $49.38 Million USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see QingCloud Technologies Corp. market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of QingCloud Technologies Corp. (2017–2025)
Total assets of QingCloud Technologies Corp. from 2017 to 2025. This chart illustrates how QingCloud Technologies Corp.'s total assets have evolved over time, based on quarterly financial data. See QingCloud Technologies Corp. (688316) share price today for real-time trading data and today's change.
QingCloud Technologies Corp. - Asset Composition Analysis
QingCloud Technologies Corp. Total Assets Breakdown (December 2025)
QingCloud Technologies Corp. total assets breakdown as of December 2025. QingCloud Technologies Corp.'s total assets of CN¥337.47 Million consist of 45.0% current assets and 55.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.1% |
| Accounts Receivable | CN¥66.89 Million | 19.5% |
| Inventory | CN¥1.05 Million | 0.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥2.00 Million | 0.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how QingCloud Technologies Corp.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore 688316 current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: QingCloud Technologies Corp.'s current assets represent 45.0% of total assets in 2025, a decrease from 88.5% in 2017.
- Cash Position: Cash and equivalents constituted 14.1% of total assets in 2025, down from 57.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 19.5% of total assets.
QingCloud Technologies Corp. Competitors by Total Assets
Key competitors of QingCloud Technologies Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
TIZA Information Industry Corporation Inc
SHE:300209
|
China | CN¥3.44 Billion |
|
StoneCo Ltd
F:0Q0
|
Germany | €62.30 Billion |
|
UCloud Technology Co Ltd
SHG:688158
|
China | CN¥3.67 Billion |
|
Automatic Bank Services Ltd
TA:SHVA
|
Israel | ILA284.14 Million |
|
Rewardle Holdings Ltd
AU:RXH
|
Australia | AU$1.47 Million |
|
Ep&T Global Ltd
AU:EPX
|
Australia | AU$11.69 Million |
|
Spirent Communications plc
LSE:SPT
|
UK | GBX596.50 Million |
|
LIGHTON
PA:ALTAI
|
France | €8.30 Million |
QingCloud Technologies Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.56 | 0.79 | 2.49 |
| Quick Ratio | 0.55 | 0.79 | 2.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-104.66 Million | CN¥-62.65 Million | CN¥420.05 Million |
QingCloud Technologies Corp. - Advanced Valuation Insights
This section examines the relationship between QingCloud Technologies Corp.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 68.04 |
| Latest Market Cap to Assets Ratio | 0.82 |
| Asset Growth Rate (YoY) | -40.4% |
| Total Assets | CN¥343.68 Million |
| Market Capitalization | $280.92 Million USD |
Valuation Analysis
Near Book Valuation: The market values QingCloud Technologies Corp.'s assets close to their book value (0.82x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: QingCloud Technologies Corp.'s assets decreased by 40.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for QingCloud Technologies Corp. (2017–2025)
The table below shows the annual total assets of QingCloud Technologies Corp. from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥343.68 Million ≈ $50.29 Million |
-40.44% |
| 2024-12-31 | CN¥577.06 Million ≈ $84.44 Million |
-7.57% |
| 2023-12-31 | CN¥624.35 Million ≈ $91.36 Million |
+4.01% |
| 2022-12-31 | CN¥600.30 Million ≈ $87.84 Million |
-34.95% |
| 2021-12-31 | CN¥922.84 Million ≈ $135.04 Million |
+145.70% |
| 2020-12-31 | CN¥375.60 Million ≈ $54.96 Million |
-15.05% |
| 2019-12-31 | CN¥442.14 Million ≈ $64.70 Million |
-63.92% |
| 2018-12-31 | CN¥1.23 Billion ≈ $179.33 Million |
-7.27% |
| 2017-12-31 | CN¥1.32 Billion ≈ $193.40 Million |
-- |
About QingCloud Technologies Corp.
QingCloud Technologies Corp. provides enterprise-class cloud services and digital transformation solutions in China and internationally. The company offers computer hardware design and development consulting, computer programming, software design, and system analysis and design; cloud storage, data backup, and database management; conversion of data or documents form physical media to electronic … Read more