Accelink Technologies Co., Ltd. (ACCELINK) balance sheet

SHZ · Technology · Communication Equipment · 4,945 employees · CEO Qiang Gao Hu

Price: CN¥102.44 -0.16%
Market cap: CN¥84.8B
Enterprise value: CN¥82.6B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-29 EPS est. CN¥0.63

At the end of Q3 '26 Accelink Technologies Co., Ltd. (ACCELINK) held CN¥4.99B in cash and short-term investments against CN¥2.76B of debt incl. leases. Total assets CN¥26.3B, total liabilities CN¥11B, shareholders' equity CN¥15.3B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	CN¥3.74B	CN¥3.7B	CN¥3.69B	CN¥2.86B	CN¥3.19B	CN¥2.84B	CN¥2.99B	CN¥4.16B	CN¥4.44B	CN¥4.19B	CN¥5.93B	CN¥4.99B
Short-term investments	CN¥973M	CN¥0	CN¥590M	CN¥0	CN¥350M	CN¥0	CN¥290M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Receivables	CN¥2.59B	CN¥2.19B	CN¥2.52B	CN¥3.23B	CN¥3.35B	CN¥2.6B	CN¥2.23B	CN¥1.92B	CN¥2.12B	CN¥2.04B	CN¥2.25B	CN¥2.82B
Inventory	CN¥1.89B	CN¥2.42B	CN¥2.99B	CN¥4.01B	CN¥3.96B	CN¥5.24B	CN¥6.17B	CN¥6.18B	CN¥5.75B	CN¥7.48B	CN¥9.07B	CN¥12.1B
Other current assets	CN¥50.1M	CN¥717M	CN¥131M	CN¥471M	CN¥256M	CN¥662M	CN¥388M	CN¥277M	CN¥10.7M	CN¥280M	CN¥468M	CN¥656M
Current assets	CN¥9.29B	CN¥9.09B	CN¥9.95B	CN¥10.6B	CN¥11.3B	CN¥11.4B	CN¥12.2B	CN¥12.7B	CN¥12.4B	CN¥14.3B	CN¥18.6B	CN¥21.6B
Property, plant & equipment (net)	CN¥1.83B	CN¥1.85B	CN¥1.88B	CN¥2.12B	CN¥2.61B	CN¥2.7B	CN¥2.71B	CN¥2.87B	CN¥3.06B	CN¥3.03B	CN¥3.06B	CN¥3.27B
Long-term investments	CN¥81.8M	CN¥109M	CN¥468M	CN¥86.9M	CN¥217M	CN¥83.7M	CN¥169M	CN¥82.6M	CN¥94.9M	CN¥91M	CN¥87.9M	CN¥87.5M
Goodwill	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M
Intangible assets	CN¥357M	CN¥361M	CN¥357M	CN¥364M	CN¥382M	CN¥382M	CN¥386M	CN¥397M	CN¥407M	CN¥397M	CN¥388M	CN¥376M
Deferred tax assets	CN¥100M	CN¥94.6M	CN¥105M	CN¥111M	CN¥179M	CN¥180M	CN¥193M	CN¥194M	CN¥255M	CN¥269M	CN¥528M	CN¥445M
Other non-current assets	CN¥365M	CN¥514M	CN¥129M	CN¥348M	CN¥83.5M	CN¥163M	CN¥136M	CN¥89.8M	CN¥90M	CN¥143M	CN¥322M	CN¥613M
Non-current assets	CN¥2.74B	CN¥2.94B	CN¥2.94B	CN¥3.04B	CN¥3.48B	CN¥3.52B	CN¥3.6B	CN¥3.65B	CN¥3.91B	CN¥3.94B	CN¥4.39B	CN¥4.8B
Total assets	CN¥12B	CN¥12B	CN¥12.9B	CN¥13.6B	CN¥14.8B	CN¥14.9B	CN¥15.8B	CN¥16.4B	CN¥16.3B	CN¥18.3B	CN¥23B	CN¥26.3B
Liabilities
Accounts payable	CN¥2.25B	CN¥2.38B	CN¥3.02B	CN¥3.54B	CN¥4.05B	CN¥3.92B	CN¥4.65B	CN¥2.68B	CN¥2.29B	CN¥3.35B	CN¥5.77B	CN¥5.85B
Accrued expenses	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥122M	CN¥0	CN¥165M	CN¥117M	CN¥111M
Short-term debt	CN¥0	CN¥0	CN¥0	CN¥0	CN¥9.46M	CN¥9.78M	CN¥10.6M	CN¥1.89B	CN¥2.49B	CN¥1.8B	CN¥2.33B	CN¥2.61B
Taxes payable	CN¥74.4M	CN¥39.7M	CN¥37.4M	CN¥62.5M	CN¥92.8M	CN¥47.1M	CN¥69.4M	CN¥0	CN¥119M	CN¥0	CN¥0	CN¥0
Deferred revenue	CN¥110M	CN¥37.6M	CN¥118M	CN¥131M	CN¥264M	CN¥355M	CN¥148M	CN¥592M	CN¥0	CN¥1.1B	CN¥1.15B	CN¥1.29B
Other current liabilities	CN¥239M	CN¥230M	CN¥262M	CN¥166M	CN¥190M	CN¥201M	CN¥157M	CN¥661M	CN¥699M	CN¥748M	-CN¥2.15B	CN¥680M
Current liabilities	CN¥3.03B	CN¥3.05B	CN¥3.96B	CN¥4.25B	CN¥4.97B	CN¥4.95B	CN¥5.87B	CN¥6.05B	CN¥5.57B	CN¥7.28B	CN¥7.93B	CN¥10.6B
Long-term debt	CN¥261M	CN¥187M	CN¥198M	CN¥249M	CN¥405M	CN¥354M	CN¥327M	CN¥276M	CN¥276M	CN¥195M	CN¥195M	CN¥68.6M
Lease obligations (non-current)	CN¥35M	CN¥34.1M	CN¥29.7M	CN¥30M	CN¥25.1M	CN¥23.6M	CN¥22.2M	CN¥20.5M	CN¥18.2M	CN¥31M	CN¥28M	CN¥75M
Deferred revenue (non-current)	CN¥244M	CN¥192M	CN¥187M	CN¥201M	CN¥195M	CN¥177M	CN¥195M	CN¥158M	CN¥297M	CN¥324M	CN¥327M	CN¥212M
Other non-current liabilities	CN¥27.7M	CN¥27.4M	CN¥20.9M	CN¥20.9M	CN¥31.7M	CN¥31.7M	CN¥30.3M	CN¥33.5M	CN¥41.1M	CN¥42.7M	CN¥48.9M	CN¥57.1M
Non-current liabilities	CN¥568M	CN¥441M	CN¥436M	CN¥501M	CN¥657M	CN¥586M	CN¥574M	CN¥488M	CN¥632M	CN¥593M	CN¥599M	CN¥412M
Total liabilities	CN¥3.6B	CN¥3.49B	CN¥4.4B	CN¥4.75B	CN¥5.63B	CN¥5.53B	CN¥6.44B	CN¥6.54B	CN¥6.2B	CN¥7.88B	CN¥8.52B	CN¥11B
Equity
Common stock & paid-in capital	CN¥794M	CN¥794M	CN¥794M	CN¥794M	CN¥794M	CN¥794M	CN¥807M	CN¥807M	CN¥807M	CN¥807M	CN¥828M	CN¥828M
Retained earnings	CN¥3.27B	CN¥3.35B	CN¥3.29B	CN¥3.53B	CN¥3.67B	CN¥3.82B	CN¥3.83B	CN¥4.18B	CN¥4.41B	CN¥4.65B	CN¥4.99B	CN¥5.69B
Accumulated other comprehensive income	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥5.31B	CN¥705M	CN¥5.4B	-CN¥4.1M	CN¥9.21B
Shareholders' equity	CN¥8.44B	CN¥8.54B	CN¥8.52B	CN¥8.85B	CN¥9.11B	CN¥9.28B	CN¥9.33B	CN¥9.78B	CN¥10.1B	CN¥10.3B	CN¥14.5B	CN¥15.3B
Debt
Total debt (incl. leases)	CN¥296M	CN¥221M	CN¥228M	CN¥279M	CN¥440M	CN¥387M	CN¥360M	CN¥2.19B	CN¥2.78B	CN¥2.02B	CN¥2.55B	CN¥2.76B
Net debt (debt - cash)	-CN¥3.44B	-CN¥3.48B	-CN¥3.47B	-CN¥2.58B	-CN¥2.75B	-CN¥2.45B	-CN¥2.63B	-CN¥1.97B	-CN¥1.66B	-CN¥2.16B	-CN¥3.38B	-CN¥2.24B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥961M	CN¥871M	CN¥916M	CN¥1.59B	CN¥2.49B	CN¥2.85B	CN¥2.17B	CN¥3.74B	CN¥3.19B	CN¥4.44B
Short-term investments	CN¥290M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	-CN¥24.8M	CN¥350M	CN¥0
Receivables	CN¥1.46B	CN¥1.8B	CN¥2.2B	CN¥2.44B	CN¥2.33B	CN¥2.18B	CN¥2.19B	CN¥2.59B	CN¥3.35B	CN¥2.12B
Inventory	CN¥1.33B	CN¥1.23B	CN¥1.42B	CN¥1.56B	CN¥1.96B	CN¥2.2B	CN¥2.33B	CN¥1.89B	CN¥3.96B	CN¥5.75B
Other current assets	-CN¥120M	CN¥35.1M	CN¥66M	CN¥68.1M	CN¥82.5M	CN¥28.1M	CN¥204M	CN¥1.05B	CN¥256M	CN¥10.7M
Current assets	CN¥3.97B	CN¥4B	CN¥4.63B	CN¥5.68B	CN¥6.9B	CN¥7.28B	CN¥6.93B	CN¥9.29B	CN¥11.3B	CN¥12.4B
Property, plant & equipment (net)	CN¥731M	CN¥874M	CN¥1.05B	CN¥1.09B	CN¥1.19B	CN¥1.3B	CN¥1.42B	CN¥1.83B	CN¥2.61B	CN¥3.06B
Long-term investments	CN¥682K	CN¥73.7M	CN¥75.1M	CN¥82.6M	CN¥80.7M	CN¥65.5M	CN¥1.04B	CN¥81.8M	CN¥217M	CN¥94.9M
Goodwill	CN¥38.6M	CN¥38.6M	CN¥29M	CN¥20.4M	CN¥18.5M	CN¥18.5M	CN¥7.94M	CN¥7.94M	CN¥7.94M	CN¥7.94M
Intangible assets	CN¥56.4M	CN¥103M	CN¥153M	CN¥234M	CN¥299M	CN¥318M	CN¥360M	CN¥357M	CN¥382M	CN¥407M
Deferred tax assets	CN¥23.9M	CN¥25.4M	CN¥39.4M	CN¥60.6M	CN¥72.7M	CN¥76.8M	CN¥91.1M	CN¥100M	CN¥179M	CN¥255M
Other non-current assets	CN¥8.82K	CN¥50.8M	CN¥102M	CN¥63.4M	CN¥47.4M	CN¥423M	CN¥54.3M	CN¥365M	CN¥83.5M	CN¥90M
Non-current assets	CN¥851M	CN¥1.17B	CN¥1.45B	CN¥1.55B	CN¥1.7B	CN¥2.2B	CN¥2.97B	CN¥2.74B	CN¥3.48B	CN¥3.91B
Total assets	CN¥4.82B	CN¥5.16B	CN¥6.08B	CN¥7.23B	CN¥8.61B	CN¥9.48B	CN¥9.9B	CN¥12B	CN¥14.8B	CN¥16.3B
Liabilities
Accounts payable	CN¥1.41B	CN¥1.68B	CN¥1.99B	CN¥1.98B	CN¥2.36B	CN¥2.23B	CN¥2.34B	CN¥2.25B	CN¥4.05B	CN¥2.29B
Short-term debt	CN¥153M	CN¥0	CN¥158M	CN¥29.9M	CN¥29.4M	CN¥0	CN¥500K	CN¥0	CN¥9.46M	CN¥2.49B
Taxes payable	CN¥11.5M	CN¥16M	CN¥4.91M	CN¥8.99M	CN¥4.12M	CN¥35.5M	CN¥79.4M	CN¥74.4M	CN¥92.8M	CN¥119M
Deferred revenue	CN¥28.5M	CN¥11.1M	CN¥9.87M	CN¥40.1M	CN¥89.5M	CN¥119M	CN¥86M	CN¥110M	CN¥264M	CN¥0
Other current liabilities	CN¥0	CN¥0	CN¥5M	CN¥14.9M	CN¥52.3M	CN¥145M	CN¥110M	CN¥239M	CN¥190M	CN¥699M
Current liabilities	CN¥1.71B	CN¥1.79B	CN¥2.44B	CN¥2.41B	CN¥3.17B	CN¥3.12B	CN¥3.09B	CN¥3.03B	CN¥4.97B	CN¥5.57B
Long-term debt	CN¥74M	CN¥74M	CN¥81.4M	CN¥93.5M	CN¥94.7M	CN¥540M	CN¥458M	CN¥261M	CN¥405M	CN¥276M
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥0	CN¥54M	CN¥55.7M	CN¥47.5M	CN¥35M	CN¥25.1M	CN¥18.2M
Deferred revenue (non-current)	CN¥117M	CN¥123M	CN¥107M	CN¥168M	CN¥253M	CN¥200M	CN¥167M	CN¥244M	CN¥195M	CN¥297M
Other non-current liabilities	CN¥5.48M	CN¥3.13M	CN¥5.46M	CN¥29.5M	CN¥23.3M	CN¥30.3M	CN¥32.5M	CN¥27.7M	CN¥31.7M	CN¥41.1M
Non-current liabilities	CN¥196M	CN¥200M	CN¥194M	CN¥291M	CN¥425M	CN¥826M	CN¥705M	CN¥568M	CN¥657M	CN¥632M
Total liabilities	CN¥1.9B	CN¥1.99B	CN¥2.63B	CN¥2.7B	CN¥3.6B	CN¥3.95B	CN¥3.79B	CN¥3.6B	CN¥5.63B	CN¥6.2B
Equity
Common stock & paid-in capital	CN¥210M	CN¥629M	CN¥647M	CN¥676M	CN¥698M	CN¥699M	CN¥698M	CN¥794M	CN¥794M	CN¥807M
Retained earnings	CN¥1.04B	CN¥1.25B	CN¥1.44B	CN¥1.67B	CN¥2B	CN¥2.4B	CN¥2.84B	CN¥3.26B	CN¥3.67B	CN¥4.41B
Accumulated other comprehensive income	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥705M
Shareholders' equity	CN¥2.83B	CN¥3.09B	CN¥3.39B	CN¥4.51B	CN¥5.02B	CN¥5.54B	CN¥6.12B	CN¥8.44B	CN¥9.11B	CN¥10.1B
Debt
Total debt (incl. leases)	CN¥227M	CN¥74M	CN¥239M	CN¥123M	CN¥178M	CN¥596M	CN¥506M	CN¥296M	CN¥440M	CN¥2.78B
Net debt (debt - cash)	-CN¥734M	-CN¥797M	-CN¥677M	-CN¥1.47B	-CN¥2.31B	-CN¥2.26B	-CN¥1.66B	-CN¥3.44B	-CN¥2.75B	-CN¥1.66B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02