BOE Technology Group Co., Ltd. (BOETECH) balance sheet

SHZ · Technology · Hardware, Equipment & Parts · 109,895 employees · CEO Qiang Feng

Price: CN¥4.34 -2.69%
Market cap: CN¥161B
Enterprise value: CN¥240B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-06 EPS est. CN¥0.04

At the end of Q3 '26 BOE Technology Group Co., Ltd. (BOETECH) held CN¥68.3B in cash and short-term investments against CN¥143B of debt incl. leases. Total assets CN¥426B, total liabilities CN¥227B, shareholders' equity CN¥132B.

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¥72.5B	CN¥82.2B	CN¥82.2B	CN¥78.2B	CN¥74.3B	CN¥71.1B	CN¥66.3B	CN¥71.2B	CN¥72.2B	CN¥74.3B	CN¥72.3B	CN¥63.4B
Short-term investments	CN¥7.76B	CN¥6.04B	CN¥8.41B	CN¥6.59B	CN¥3.12B	CN¥3.2B	CN¥2.33B	CN¥2.36B	CN¥1.67B	CN¥3.21B	CN¥5.71B	CN¥4.95B
Receivables	CN¥35B	CN¥31.5B	CN¥34B	CN¥34.7B	CN¥38.1B	CN¥35.7B	CN¥38B	CN¥36.4B	CN¥34.6B	CN¥34.6B	CN¥41.6B	CN¥35.8B
Inventory	CN¥24.1B	CN¥24B	CN¥26B	CN¥24.5B	CN¥23.3B	CN¥25.4B	CN¥27.4B	CN¥27.9B	CN¥27.7B	CN¥25.5B	CN¥26.9B	CN¥29.5B
Other current assets	CN¥3.32B	CN¥2.51B	CN¥3.42B	CN¥3.34B	CN¥3.96B	CN¥3.9B	CN¥3.87B	CN¥4.18B	CN¥4.81B	CN¥4.9B	CN¥92M	CN¥4.77B
Current assets	CN¥143B	CN¥147B	CN¥155B	CN¥148B	CN¥143B	CN¥140B	CN¥139B	CN¥143B	CN¥142B	CN¥143B	CN¥148B	CN¥139B
Property, plant & equipment (net)	CN¥241B	CN¥235B	CN¥231B	CN¥231B	CN¥236B	CN¥233B	CN¥239B	CN¥237B	CN¥240B	CN¥238B	CN¥234B	CN¥229B
Long-term investments	CN¥17.9B	CN¥17.6B	CN¥17.4B	CN¥17.9B	CN¥13.6B	CN¥13.5B	CN¥17.8B	CN¥23.3B	CN¥20.4B	CN¥23.9B	CN¥38B	CN¥22.9B
Goodwill	CN¥705M	CN¥705M	CN¥705M	CN¥705M	CN¥654M	CN¥654M	CN¥654M	CN¥654M	CN¥654M	CN¥654M	CN¥654M	CN¥654M
Intangible assets	CN¥11.7B	CN¥11.5B	CN¥11.7B	CN¥11.4B	CN¥11.4B	CN¥11.2B	CN¥11B	CN¥10.9B	CN¥12.9B	CN¥12.7B	CN¥12.4B	CN¥12.2B
Deferred tax assets	CN¥397M	CN¥430M	CN¥555M	CN¥596M	CN¥695M	CN¥739M	CN¥731M	CN¥781M	CN¥854M	CN¥870M	CN¥1.82B	CN¥942M
Other non-current assets	CN¥4.5B	CN¥4.97B	CN¥6.11B	CN¥7.99B	CN¥24.5B	CN¥21.7B	CN¥18.6B	CN¥15.5B	CN¥19.6B	CN¥17.9B	CN¥5.39B	CN¥20.1B
Non-current assets	CN¥276B	CN¥270B	CN¥268B	CN¥269B	CN¥287B	CN¥280B	CN¥287B	CN¥288B	CN¥295B	CN¥294B	CN¥292B	CN¥286B
Total assets	CN¥419B	CN¥417B	CN¥422B	CN¥417B	CN¥430B	CN¥420B	CN¥426B	CN¥431B	CN¥436B	CN¥438B	CN¥440B	CN¥426B
Liabilities
Accounts payable	CN¥33.9B	CN¥35.1B	CN¥38.4B	CN¥35B	CN¥38.1B	CN¥39B	CN¥38.6B	CN¥37.2B	CN¥38.6B	CN¥35.8B	CN¥39.2B	CN¥38.6B
Accrued expenses	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥4.43B	CN¥0	CN¥3.17B	CN¥3.65B	CN¥3.54B
Short-term debt	CN¥1.75B	CN¥2.51B	CN¥1.83B	CN¥1.76B	CN¥1.56B	CN¥1.36B	CN¥1.83B	CN¥31.8B	CN¥3.66B	CN¥33.7B	CN¥39.8B	CN¥36.9B
Taxes payable	CN¥0	CN¥1.39B	CN¥1.31B	CN¥1.5B	CN¥1.58B	CN¥1.31B	CN¥954M	CN¥0	CN¥1.32B	CN¥0	CN¥0	CN¥0
Deferred revenue	CN¥3.09B	CN¥3.1B	CN¥2.78B	CN¥3.12B	CN¥2.2B	CN¥1.83B	CN¥1.96B	CN¥1.93B	CN¥0	CN¥2.3B	CN¥2.28B	CN¥2.78B
Other current liabilities	CN¥27.5B	CN¥23.6B	CN¥34.5B	CN¥38.8B	CN¥46.9B	CN¥44.7B	CN¥35.5B	CN¥22.9B	CN¥33.3B	CN¥23.8B	CN¥24.5B	CN¥24.3B
Current liabilities	CN¥90.2B	CN¥86.8B	CN¥99.8B	CN¥102B	CN¥115B	CN¥110B	CN¥103B	CN¥99.4B	CN¥101B	CN¥101B	CN¥110B	CN¥108B
Long-term debt	CN¥122B	CN¥122B	CN¥113B	CN¥105B	CN¥101B	CN¥93.6B	CN¥106B	CN¥113B	CN¥113B	CN¥112B	CN¥107B	CN¥105B
Lease obligations (non-current)	CN¥542M	CN¥579M	CN¥656M	CN¥700M	CN¥631M	CN¥647M	CN¥611M	CN¥617M	CN¥688M	CN¥2.94B	CN¥670M	CN¥652M
Deferred revenue (non-current)	CN¥4.76B	CN¥5.05B	CN¥4.72B	CN¥4.78B	CN¥4.54B	CN¥5.16B	CN¥6.79B	CN¥7.07B	CN¥6.8B	CN¥6.5B	CN¥6.5B	CN¥6.51B
Deferred tax liabilities	CN¥1.69B	CN¥1.55B	CN¥1.46B	CN¥1.48B	CN¥1.29B	CN¥1.27B	CN¥1.52B	CN¥1.43B	CN¥1.13B	CN¥1.11B	CN¥2.84B	CN¥1.33B
Other non-current liabilities	CN¥2.68B	CN¥2.68B	CN¥2.66B	CN¥2.65B	CN¥2.77B	CN¥2.72B	CN¥4.39B	CN¥4.63B	CN¥6.34B	CN¥3.88B	CN¥5.73B	CN¥5.29B
Non-current liabilities	CN¥131B	CN¥132B	CN¥122B	CN¥114B	CN¥110B	CN¥103B	CN¥119B	CN¥126B	CN¥128B	CN¥127B	CN¥122B	CN¥119B
Total liabilities	CN¥221B	CN¥219B	CN¥222B	CN¥216B	CN¥225B	CN¥213B	CN¥223B	CN¥226B	CN¥229B	CN¥227B	CN¥232B	CN¥227B
Equity
Common stock & paid-in capital	CN¥37.7B	CN¥37.7B	CN¥37.6B	CN¥37.6B	CN¥37.6B	CN¥37.6B	CN¥37.4B	CN¥37.4B	CN¥37.4B	CN¥37B	CN¥37B	CN¥37B
Retained earnings	CN¥35.6B	CN¥36.6B	CN¥36.7B	CN¥37.7B	CN¥39.4B	CN¥41B	CN¥40.8B	CN¥42.1B	CN¥43.2B	CN¥44.9B	CN¥46.4B	CN¥45.4B
Accumulated other comprehensive income	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥54.9B	CN¥0	CN¥54.1B	CN¥3.62B	CN¥52.2B
Shareholders' equity	CN¥129B	CN¥130B	CN¥131B	CN¥132B	CN¥133B	CN¥133B	CN¥133B	CN¥134B	CN¥134B	CN¥136B	CN¥133B	CN¥132B
Debt
Total debt (incl. leases)	CN¥124B	CN¥125B	CN¥115B	CN¥107B	CN¥103B	CN¥95.6B	CN¥108B	CN¥145B	CN¥117B	CN¥149B	CN¥147B	CN¥143B
Net debt (debt - cash)	CN¥51.4B	CN¥43.1B	CN¥32.9B	CN¥29.1B	CN¥28.9B	CN¥24.5B	CN¥42B	CN¥73.9B	CN¥44.7B	CN¥74.6B	CN¥74.8B	CN¥79.6B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥58.2B	CN¥57.1B	CN¥51.5B	CN¥57B	CN¥73.7B	CN¥81B	CN¥68.8B	CN¥72.5B	CN¥74.3B	CN¥72.2B
Short-term investments	CN¥60.3M	CN¥9.79B	CN¥4.43B	CN¥5.81B	CN¥4.37B	CN¥10B	CN¥17.2B	CN¥7.76B	CN¥3.12B	CN¥1.67B
Receivables	CN¥18.6B	CN¥17.2B	CN¥23B	CN¥19.2B	CN¥924M	CN¥37.7B	CN¥29.5B	CN¥35B	CN¥38.1B	CN¥34.6B
Inventory	CN¥7.83B	CN¥8.96B	CN¥12B	CN¥12.4B	CN¥17.9B	CN¥27.8B	CN¥22.8B	CN¥24.1B	CN¥23.3B	CN¥27.7B
Other current assets	CN¥5.7B	CN¥6.15B	CN¥8.04B	CN¥9.55B	CN¥31B	CN¥3.59B	CN¥3.4B	CN¥3.32B	CN¥3.96B	CN¥4.81B
Current assets	CN¥91B	CN¥99.8B	CN¥99.7B	CN¥105B	CN¥129B	CN¥161B	CN¥142B	CN¥143B	CN¥143B	CN¥142B
Property, plant & equipment (net)	CN¥103B	CN¥139B	CN¥185B	CN¥213B	CN¥268B	CN¥260B	CN¥250B	CN¥241B	CN¥236B	CN¥240B
Long-term investments	CN¥3.52B	CN¥9.47B	CN¥4.77B	-CN¥2.46B	-CN¥140M	-CN¥2.86B	-CN¥2.26B	CN¥17.9B	CN¥13.6B	CN¥20.4B
Goodwill	CN¥198M	CN¥198M	CN¥904M	CN¥708M	CN¥1.4B	CN¥1.13B	CN¥661M	CN¥705M	CN¥654M	CN¥654M
Intangible assets	CN¥3.14B	CN¥2.98B	CN¥5.94B	CN¥7.42B	CN¥11.9B	CN¥11.2B	CN¥8.95B	CN¥11.7B	CN¥11.4B	CN¥12.9B
Deferred tax assets	CN¥147M	CN¥106M	CN¥252M	CN¥248M	CN¥205M	CN¥190M	CN¥76M	CN¥397M	CN¥695M	CN¥854M
Other non-current assets	CN¥4.14B	CN¥4.19B	CN¥7.88B	CN¥16.9B	CN¥14.5B	CN¥19.3B	CN¥20.9B	CN¥4.5B	CN¥24.5B	CN¥19.6B
Non-current assets	CN¥114B	CN¥156B	CN¥204B	CN¥236B	CN¥296B	CN¥289B	CN¥278B	CN¥276B	CN¥287B	CN¥295B
Total assets	CN¥205B	CN¥256B	CN¥304B	CN¥340B	CN¥425B	CN¥450B	CN¥421B	CN¥419B	CN¥430B	CN¥436B
Liabilities
Accounts payable	CN¥14.5B	CN¥16.7B	CN¥22.8B	CN¥23.2B	CN¥28.4B	CN¥33.3B	CN¥30.7B	CN¥33.9B	CN¥38.1B	CN¥38.6B
Short-term debt	CN¥4.92B	CN¥3.25B	CN¥5.45B	CN¥6.37B	CN¥8.6B	CN¥2.07B	CN¥2.37B	CN¥1.75B	CN¥1.56B	CN¥3.66B
Taxes payable	CN¥656M	CN¥776M	CN¥970M	CN¥731M	CN¥1.08B	CN¥2.2B	CN¥1.33B	CN¥1.32B	CN¥1.58B	CN¥1.32B
Deferred revenue	CN¥567M	CN¥781M	CN¥1.22B	CN¥1.21B	CN¥3.56B	CN¥3.91B	CN¥2.49B	CN¥3.09B	CN¥2.2B	CN¥0
Other current liabilities	CN¥4.2B	CN¥9.84B	CN¥6.6B	CN¥20B	CN¥26.7B	CN¥32.9B	CN¥26.3B	CN¥27.5B	CN¥46.9B	CN¥33.3B
Current liabilities	CN¥41.4B	CN¥49.7B	CN¥62.2B	CN¥78.5B	CN¥105B	CN¥103B	CN¥85.7B	CN¥90.2B	CN¥115B	CN¥101B
Long-term debt	CN¥59.8B	CN¥88.9B	CN¥105B	CN¥108B	CN¥133B	CN¥116B	CN¥123B	CN¥122B	CN¥101B	CN¥113B
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥0	CN¥549M	CN¥669M	CN¥539M	CN¥542M	CN¥631M	CN¥688M
Deferred revenue (non-current)	CN¥2.49B	CN¥2.26B	CN¥2.19B	CN¥2.2B	CN¥4.25B	CN¥6.42B	CN¥5.16B	CN¥4.76B	CN¥4.54B	CN¥6.8B
Deferred tax liabilities	CN¥449M	CN¥563M	CN¥1.42B	CN¥1.45B	CN¥1.43B	CN¥1.53B	CN¥1.29B	CN¥1.69B	CN¥1.29B	CN¥1.13B
Other non-current liabilities	CN¥8.89B	CN¥10.3B	CN¥12.8B	CN¥9.2B	CN¥7.27B	CN¥4.44B	CN¥2.73B	CN¥2.68B	CN¥2.77B	CN¥6.34B
Non-current liabilities	CN¥71.7B	CN¥102B	CN¥121B	CN¥121B	CN¥146B	CN¥129B	CN¥133B	CN¥131B	CN¥110B	CN¥128B
Total liabilities	CN¥113B	CN¥152B	CN¥184B	CN¥199B	CN¥251B	CN¥233B	CN¥219B	CN¥221B	CN¥225B	CN¥229B
Equity
Common stock & paid-in capital	CN¥35.2B	CN¥34.8B	CN¥34.8B	CN¥34.8B	CN¥34.8B	CN¥38.4B	CN¥38.2B	CN¥37.7B	CN¥37.6B	CN¥37.4B
Retained earnings	CN¥4.01B	CN¥10.4B	CN¥12B	CN¥11.8B	CN¥15.5B	CN¥37.1B	CN¥35.8B	CN¥35.6B	CN¥39.4B	CN¥43.2B
Shareholders' equity	CN¥78.7B	CN¥84.8B	CN¥85.8B	CN¥95.1B	CN¥103B	CN¥143B	CN¥136B	CN¥129B	CN¥133B	CN¥134B
Debt
Total debt (incl. leases)	CN¥64.8B	CN¥92.2B	CN¥111B	CN¥114B	CN¥142B	CN¥119B	CN¥126B	CN¥124B	CN¥103B	CN¥117B
Net debt (debt - cash)	CN¥6.61B	CN¥35.1B	CN¥59B	CN¥57.5B	CN¥68.3B	CN¥38.2B	CN¥57.3B	CN¥51.4B	CN¥28.9B	CN¥44.7B

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