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    Information technology services
QingCloud Technologies Corp Class A

QingCloud Technologies Corp Class A

SSSE:688316
39.88
CNY
-2.03
(-4.84%)
2.59BMarket Cap
Oct 30Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.04
5.94
11.08
12.09
9.53
6.43
7.05
5.68
4.77
- -
Basic EPS, GAAP
-2.03
-3.15
-5.59
-4.61
-6.36
-5.15
-3.57
-2
-1.39
- -
Free Cash Flow per Basic Share
-1.75
-2.76
-4.41
-2.42
-6.9
-3.91
-2.45
-3.08
-0.58
- -
Dividend per Share
- -
- -
- -
0.06
0.06
0.08
0.12
0.16
0.13
0.06
Book Value per Share
-18.56
-14.9
8.79
5.05
12.35
6.94
3.76
1.82
0.45
0.65
Tangible Book Value per Share
-18.63
-14.96
8.73
5
12.3
6.89
3.69
1.77
0.41
0.61
Basic Weighted Avg Shares
47
47
34
35
44
47
48
48
48
48
Sales/Revenue/Turnover
239
282
377
429
424
305
336
272
228
- -
Operating Margin (%)
-41.37
-59.85
-51.42
-37.77
-67.95
-81.52
-44.02
-30.89
-20.91
- -
Depreciation Expense
29
42
48
51
66
69
45
45
49
- -
Net Income, GAAP
-96
-149
-190
-163
-283
-244
-170
-96
-67
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-40.33
-53.04
-50.45
-38.12
-66.72
-80.08
-50.66
-35.2
-29.22
- -
Working Capital
-810
-689
139
23
318
108
49
-88
-141
-105
LT Debt
- -
- -
- -
11
46
19
12
- -
14
23
Total Equity
-658
-528
311
177
582
330
180
87
23
70
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
-66.58
-73.92
-53.35
-66.85
-71.84
-122.74
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
170
138
91
LT Borrowings
12
3
20
LT Finance Leases
2
2
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
2,882
3,318
2,586

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
155
199
131
Cash, Cash Equivalents & STI
49
78
26
Accounts Receivable, Net
67
76
73
Inventories
1
1
1
Total Current Liabilities
296
271
236
Payables & Accruals
- -
- -
- -
ST Debt
170
138
91
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.11%
-73.94%
Free Cash Flow
- -
25.34%
-81.17%
Net Income, GAAP
- -
-9%
-30.38%
Sales/Revenue/Turnover
- -
-10.84%
-16.16%
Total Cash Common Dividend
- -
26.8%
-14.91%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
75
70
69
58
272
2025
47
53
- -
63
228
2026
48
40
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
-0.63
-0.53
-0.69
-2
2025
-0.48
-0.39
- -
-0.35
-1.39
2026
-0.29
-0.43
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.04
0.06
0.01
0.16
2025
0.03
0.05
- -
0.03
0.13
2026
0.02
0.02
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yuan Lin
Full Time Employees
305
Sector
Technology services
Industry
Information technology services
Address
Building 9, International Electronics Headquarters Beijing BE China 100015
IPO Date
Mar 16, 2021
Website
qingcloud.com
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Business
Beijing Qingyun Technology Co., Ltd. (688316.SS), also known as QingCloud, operates as a platform-level hybrid cloud ICT manufacturer and service provider in China. The company offers a comprehensive suite of self-developed full-stack cloud computing products and solutions, including public cloud services with elastic computing, storage, and networking; QingCloud Enterprise Cloud platform for IaaS, PaaS, and SaaS deployment; Qing3 hyperconverged infrastructure; QingStor distributed storage and data analytics; KubeSphere container platform; RadonDB distributed database; AppCenter for multi-cloud application lifecycle management; virtual desktop infrastructure; intelligent SD-WAN services via Evervite Networks; and business continuity, safety, IoT, big data, and data lake solutions. Founded in 2012 and headquartered in Beijing, Qingyun Technology serves enterprise customers across industries with a focus on digital transformation, AI computing power, trusted computing, and cloud-native technologies, primarily operating in China through its reliable, open-architecture platform tested via large-scale public cloud operations. Recent developments include ongoing emphasis on core code self-research and compliance with Ministry of Industry and Information Technology standards for trusted cloud products, alongside expansions in multi-ecosystem support for sectors like finance, government, and manufacturing, with stock performance reflecting market positioning amid hybrid cloud demand as of early 2025.