Qinhui Technology International Co., Ltd (QHT)

QHT Balance Sheet

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

Year Ending	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	0.55	0.49
Short-Term Investments	3.06	1.69
Cash & Cash Equivalents	3.6	2.18
Cash Growth	65.30%	-
Receivables	14.43	11.56
Inventory	2.78	3.41
Other Current Assets	1.48	0.23
Total Current Assets	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	0.94	1.22
Total Current Liabilities	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	10.11	9.71
Debt Growth	4.12%	-
Retained Earnings	-2.59	-2.98
Comprehensive Income	0.23	0.21
Shareholders' Equity	1.68	0.42
Net Cash / Debt	-6.51	-7.53
Working Capital	-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).