UTime Limited (FXHO) Balance Sheet

NASDAQ: FXHOAssets, liabilities, debt and equity over 5 years.

FXHO balance sheet, FY2026

March 31, 2026 · Chinese yuan

CN¥447.1M assets = CN¥309.2M liabilities + CN¥137.9M equity

Both columns are drawn to the same scale: what FXHO owns equals what it owes plus shareholders’ equity. Hover a block for its value.

FXHO financial health

Current ratio1.41

Adequate · current assets cover current liabilities 1.41×

Debt / equity0.03

Low leverage · CN¥0.03 of debt for each $1 of equity

Equity / assets32.0%

Balanced · of assets funded by shareholders

Cash / debt5,257.6%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles0.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

FXHO balance sheet trends, FY2022–FY2026

UTime Limited balance sheet trends
Metric	Then	Latest	Change
Total assets	CN¥250.6MFY2022	CN¥447.1MFY2026	+15.6%/yr
Total liabilities	CN¥186.2MFY2022	CN¥309.2MFY2026	+13.5%/yr
Shareholders’ equity	CN¥65.0MFY2022	CN¥143.1MFY2026	+21.8%/yr
Cash & short-term investments	CN¥66.7MFY2022	CN¥261.8MFY2026	+40.8%/yr
Total debt	CN¥8.0MFY2022	CN¥5.0MFY2026	−11.2%/yr
Net cash (debt)	CN¥58.7MFY2022	CN¥256.8MFY2026	+CN¥198.2M
Working capital	CN¥29.8MFY2022	CN¥119.8MFY2026	+CN¥90.0M
Current ratio	1.18FY2022	1.41FY2026	+0.23
Debt / equity	0.12FY2022	0.03FY2026	−0.09

Change is the average annual growth (CAGR) or the difference between the first and latest year.

FXHO assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

FXHO liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

FXHO debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

FXHO balance sheet in Chinese yuan

UTime Limited annual balance sheet
	FY2026	FY2025	FY2024	FY2023	FY2022
Assets
Cash & short-term investments	CN¥261.8M	CN¥109.2M	CN¥76.7M	CN¥71.9M	CN¥66.7M
Cash & equivalents	CN¥261.8M	CN¥109.2M	CN¥76.7M	CN¥71.9M	CN¥66.7M
Receivables	CN¥1.8M	CN¥0	CN¥30.2M	CN¥52.2M	CN¥22.4M
Inventory	CN¥3.8M	CN¥6.4M	CN¥11.0M	CN¥16.2M	CN¥36.1M
Other current assets	CN¥142.3M	CN¥46.1M	CN¥460.1M	CN¥96.7M	CN¥67.7M
Total current assets	CN¥409.8M	CN¥161.7M	CN¥578.1M	CN¥237.0M	CN¥192.9M
Property, plant & equipment (net)	CN¥36.8M	CN¥43.6M	CN¥70.4M	CN¥74.4M	CN¥55.1M
Goodwill & intangible assets	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Long-term investments	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥609,000	CN¥810,000	CN¥1.4M	CN¥1.7M	CN¥2.6M
Total assets	CN¥447.1M	CN¥206.0M	CN¥649.9M	CN¥313.1M	CN¥250.6M
Liabilities
Accounts payable	CN¥101.1M	CN¥138.5M	CN¥106.1M	CN¥125.4M	CN¥74.5M
Total current liabilities	CN¥290.0M	CN¥333.7M	CN¥272.8M	CN¥245.7M	CN¥163.1M
Long-term debt	CN¥5.0M	CN¥6.0M	CN¥0	CN¥6.9M	CN¥8.0M
Lease obligations	CN¥1.6M	CN¥5.7M	CN¥16.9M	CN¥14.5M	CN¥17.9M
Other long-term liabilities	CN¥14.3M	CN¥4.1M	CN¥14.5M	CN¥19.9M	CN¥15.0M
Total liabilities	CN¥309.2M	CN¥343.9M	CN¥287.3M	CN¥272.4M	CN¥186.2M
Shareholders' equity
Retained earnings (deficit)	−CN¥906.8M	−CN¥878.9M	−CN¥208.8M	−CN¥175.9M	−CN¥88.3M
Minority interest	−CN¥5.2M	−CN¥5.2M	−CN¥5.2M	−CN¥3.4M	—
Total shareholders' equity	CN¥143.1M	−CN¥132.7M	CN¥367.8M	CN¥44.1M	CN¥65.0M
Key figures
Total debt	CN¥5.0M	CN¥6.0M	—	CN¥6.9M	CN¥8.0M
Net cash (debt)	CN¥256.8M	CN¥103.2M	—	CN¥65.0M	CN¥58.7M
Working capital	CN¥119.8M	−CN¥172.1M	CN¥305.3M	−CN¥8.7M	CN¥29.8M
Tangible book value	CN¥143.1M	−CN¥132.7M	CN¥367.8M	CN¥44.1M	CN¥65.0M
Shares outstanding	169K	—	—	—	—
Current ratio	1.41	0.48	2.12	0.96	1.18
Quick ratio	0.91	0.33	0.39	0.51	0.55
Debt / equity	0.03	—	—	0.16	0.12
Equity / assets	32.0%	−64.4%	56.6%	14.1%	25.9%

UTime Limited quarterly balance sheet
	Mar '26	Sep '25	Mar '25
Assets
Cash & short-term investments	CN¥261.8M	CN¥293.3M	CN¥109.2M
Cash & equivalents	CN¥261.8M	CN¥293.3M	CN¥109.2M
Receivables	CN¥1.8M	CN¥51.2M	CN¥0
Inventory	CN¥3.8M	CN¥4.7M	CN¥6.4M
Other current assets	CN¥142.3M	CN¥49.9M	CN¥46.1M
Total current assets	CN¥409.8M	CN¥399.0M	CN¥161.7M
Property, plant & equipment (net)	CN¥36.8M	CN¥40.1M	CN¥43.6M
Goodwill & intangible assets	CN¥0	CN¥0	CN¥0
Long-term investments	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥609,000	CN¥715,000	CN¥810,000
Total assets	CN¥447.1M	CN¥439.8M	CN¥206.0M
Liabilities
Accounts payable	CN¥101.1M	CN¥183.3M	CN¥138.5M
Total current liabilities	CN¥290.0M	CN¥391.8M	CN¥333.7M
Long-term debt	CN¥5.0M	CN¥5.7M	CN¥6.0M
Lease obligations	CN¥1.6M	CN¥3.6M	CN¥5.7M
Other long-term liabilities	CN¥14.3M	CN¥2.6M	CN¥4.1M
Total liabilities	CN¥309.2M	CN¥400.1M	CN¥343.9M
Shareholders' equity
Retained earnings (deficit)	−CN¥906.8M	−CN¥869.6M	−CN¥878.9M
Minority interest	−CN¥5.2M	−CN¥5.2M	−CN¥5.2M
Total shareholders' equity	CN¥143.1M	CN¥44.9M	−CN¥132.7M
Key figures
Total debt	CN¥5.0M	CN¥5.7M	CN¥6.0M
Net cash (debt)	CN¥256.8M	CN¥287.6M	CN¥103.2M
Working capital	CN¥119.8M	CN¥7.2M	−CN¥172.1M
Tangible book value	CN¥143.1M	CN¥44.9M	−CN¥132.7M
Shares outstanding	169K	20K	—
Current ratio	1.41	1.02	0.48
Quick ratio	0.91	0.88	0.33
Debt / equity	0.03	0.13	—
Equity / assets	32.0%	10.2%	−64.4%

Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed —); data from EODHD.

FXHO financial position

At the end of fiscal 2026 (March 31, 2026), UTime had total assets of CN¥447.1 million (up 117.0% from a year earlier), total liabilities of CN¥309.2 million and shareholders' equity of CN¥143.1 million. It held CN¥261.8 million in cash and short-term investments against CN¥5.0 million of debt, a net cash position of CN¥256.8 million. Its current ratio was 1.41.

Related: FXHO income statement, FXHO cash flow statement, FXHO key metrics. See the FXHO stock overview for the latest quote and news.

FXHO balance sheet FAQ

What are UTime's total assets?

UTime reported total assets of CN¥447.1 million at the end of fiscal 2026 (March 31, 2026), compared with CN¥206.0 million a year earlier.

How much debt does UTime have?

UTime had CN¥5.0 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.03.

How much cash does UTime have?

UTime held CN¥261.8 million in cash and short-term investments at the end of fiscal 2026; with CN¥5.0 million of debt that is net cash of CN¥256.8 million.

What is UTime's book value?

UTime's shareholders' equity (book value) was CN¥143.1 million at the end of fiscal 2026.

What is UTime's current ratio?

UTime had current assets of CN¥409.8 million and current liabilities of CN¥290.0 million, a current ratio of 1.41 (it can cover its short-term obligations).