JIADE LIMITED (JDZG) Balance Sheet

NASDAQ: JDZGAssets, liabilities, debt and equity over 3 years.

JDZG balance sheet, 2025

December 31, 2025 · Chinese yuan

CN¥144.0M assets = CN¥23.2M liabilities + CN¥120.8M equity

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

JDZG financial health

Current ratio4.03

Comfortable · current assets cover current liabilities 4.03×

Debt / equity0.14

Low leverage · CN¥0.14 of debt for each $1 of equity

Equity / assets83.8%

Equity-funded · of assets funded by shareholders

Cash / debt124.7%

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

Goodwill & intangibles53.6%

Mostly intangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

JDZG balance sheet trends, 2021–2025

JIADE LIMITED balance sheet trends
Metric	Then	Latest	Change
Total assets	CN¥3.9M2021	CN¥144.0M2025	+505.0%/yr
Total liabilities	CN¥3.8M2021	CN¥23.2M2025	+147.7%/yr
Shareholders’ equity	CN¥146,7192021	CN¥120.7M2025	+2,767.7%/yr
Cash & short-term investments	CN¥6,3902021	CN¥21.5M2025	+5,696.6%/yr
Total debt	CN¥2.6M2021	CN¥17.2M2025	+155.4%/yr
Net cash (debt)	−CN¥2.6M2021	CN¥4.3M2025	+CN¥6.9M
Working capital	−CN¥492,2992021	CN¥66.0M2025	+CN¥66.5M
Current ratio	0.722021	4.032025	+3.31
Debt / equity	17.982021	0.142025	−17.84
Shares outstanding	124K2021	117K2025	−2.5%/yr

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

JDZG assets

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

JDZG liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

JDZG debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

JDZG balance sheet in Chinese yuan

JIADE LIMITED annual balance sheet
	2025	2024	2021
Assets
Cash & short-term investments	CN¥21.5M	CN¥3.9M	CN¥6,390
Cash & equivalents	CN¥19.8M	CN¥3.9M	CN¥6,390
Short-term investments	CN¥1.7M	—	CN¥298,914
Receivables	CN¥10.9M	CN¥15.2M	CN¥977,355
Inventory	CN¥0	CN¥0	CN¥0
Other current assets	CN¥55.3M	CN¥11.9M	CN¥298,914
Total current assets	CN¥87.7M	CN¥31.0M	CN¥1.3M
Property, plant & equipment (net)	CN¥5.2M	CN¥1.3M	CN¥2.5M
Goodwill & intangible assets	CN¥77.2M	CN¥16.9M	CN¥0
Long-term investments	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥0	CN¥32.0M	CN¥117,496
Total assets	CN¥144.0M	CN¥81.3M	CN¥3.9M
Liabilities
Accounts payable	—	CN¥0	CN¥275,800
Short-term debt	CN¥15.8M	CN¥4.5M	CN¥625,942
Deferred revenue	CN¥40,968	CN¥620,000	CN¥192,550
Total current liabilities	CN¥21.8M	CN¥9.8M	CN¥1.8M
Long-term debt	CN¥1.0M	CN¥0	CN¥0
Lease obligations	CN¥963,116	CN¥768,043	CN¥2.1M
Other long-term liabilities	CN¥481,780	CN¥271,442	CN¥2.0M
Total liabilities	CN¥23.2M	CN¥10.0M	CN¥3.8M
Shareholders' equity
Common stock & paid-in capital	−CN¥15.7M	CN¥1.7M	CN¥1.5M
Retained earnings (deficit)	CN¥7.8M	CN¥18.5M	CN¥132,047
Accumulated other comprehensive income	CN¥1.0M	CN¥2.5M	CN¥14,672
Minority interest	CN¥150,554	CN¥149,694	—
Total shareholders' equity	CN¥120.7M	CN¥71.1M	CN¥146,719
Key figures
Total debt	CN¥17.2M	CN¥4.8M	CN¥2.6M
Net cash (debt)	CN¥4.3M	−CN¥849,997	−CN¥2.6M
Working capital	CN¥66.0M	CN¥21.3M	−CN¥492,299
Tangible book value	CN¥43.5M	CN¥54.2M	CN¥146,719
Shares outstanding	117K	124K	124K
Current ratio	4.03	3.18	0.72
Quick ratio	1.49	1.96	0.55
Debt / equity	0.14	0.07	17.98
Equity / assets	83.8%	87.5%	3.7%

JIADE LIMITED quarterly balance sheet
	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Jun '24	Dec '23	Sep '23	Dec '22
Assets
Cash & short-term investments	CN¥21.5M	CN¥19.8M	CN¥7.9M	CN¥7.9M	CN¥3.9M	CN¥3.9M	CN¥62.6M	CN¥7.1M	CN¥3.8M	CN¥2.6M
Cash & equivalents	CN¥19.8M	CN¥19.8M	CN¥7.9M	CN¥7.9M	CN¥3.9M	CN¥3.9M	CN¥62.6M	CN¥7.1M	CN¥3.8M	CN¥2.6M
Short-term investments	CN¥1.7M	—	—	—	—	—	—	—	—	CN¥298,914
Receivables	CN¥10.9M	CN¥6.3M	CN¥11.4M	CN¥8.4M	CN¥15.2M	CN¥10.6M	CN¥9.4M	CN¥7.9M	CN¥8.2M	CN¥6.4M
Inventory	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	−CN¥7.9M	CN¥0	CN¥1
Other current assets	CN¥55.3M	CN¥61.9M	CN¥19.8M	CN¥22.8M	CN¥11.9M	CN¥16.5M	CN¥946,358	CN¥15.8M	CN¥7.6M	CN¥1.0M
Total current assets	CN¥87.7M	CN¥87.9M	CN¥39.1M	CN¥39.1M	CN¥31.0M	CN¥31.0M	CN¥73.0M	CN¥22.8M	CN¥19.6M	CN¥10.1M
Property, plant & equipment (net)	CN¥5.2M	CN¥5.2M	CN¥2.0M	CN¥2.0M	CN¥1.3M	CN¥1.3M	CN¥194,053	CN¥360,842	CN¥620,418	CN¥3.0M
Goodwill & intangible assets	CN¥50.6M	CN¥50.6M	CN¥43.9M	CN¥43.9M	CN¥16.9M	CN¥16.9M	CN¥2.0M	CN¥2.0M	CN¥2.0M	CN¥232,480
Long-term investments	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥461,080	CN¥232,563	CN¥247,902	CN¥247,902	CN¥32.0M	CN¥32.0M	CN¥21,450	CN¥67,757	CN¥74,908	CN¥159,358
Total assets	CN¥144.0M	CN¥144.0M	CN¥85.2M	CN¥85.2M	CN¥81.3M	CN¥81.3M	CN¥75.2M	CN¥25.2M	CN¥22.3M	CN¥13.4M
Liabilities
Accounts payable	—	—	—	—	—	CN¥0	CN¥26,278	CN¥1,553	CN¥0	CN¥180,000
Short-term debt	CN¥15.8M	—	CN¥10.4M	—	CN¥4.5M	—	CN¥2.1M	CN¥3.2M	CN¥3.2M	CN¥1.2M
Deferred revenue	CN¥40,968	—	CN¥733,665	—	CN¥620,000	—	—	CN¥58,293	CN¥33,803	CN¥16,848
Total current liabilities	CN¥21.8M	CN¥21.7M	CN¥17.4M	CN¥17.4M	CN¥9.8M	CN¥9.8M	CN¥7.6M	CN¥7.4M	CN¥6.7M	CN¥3.5M
Long-term debt	CN¥0	CN¥1.0M	CN¥0	CN¥100,000	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥350,743
Lease obligations	—	CN¥963,116	—	CN¥1.2M	—	CN¥768,043	CN¥93,652	CN¥152,539	CN¥241,704	CN¥2.4M
Other long-term liabilities	CN¥1.5M	CN¥480,841	CN¥1.6M	CN¥1.5M	CN¥271,442	CN¥271,442	CN¥0	CN¥0	CN¥52,277	CN¥2.1M
Total liabilities	CN¥23.2M	CN¥23.2M	CN¥19.0M	CN¥19.0M	CN¥10.0M	CN¥10.0M	CN¥7.6M	CN¥7.4M	CN¥6.8M	CN¥5.9M
Shareholders' equity
Common stock & paid-in capital	−CN¥15.7M	—	CN¥2,199	—	CN¥1.7M	—	CN¥1.7M	CN¥1.5M	CN¥1.5M	CN¥1.5M
Retained earnings (deficit)	CN¥7.8M	CN¥7.8M	CN¥14.0M	CN¥14.0M	CN¥18.5M	CN¥18.5M	CN¥18.1M	CN¥13.5M	CN¥11.4M	CN¥4.9M
Accumulated other comprehensive income	CN¥1.0M	—	CN¥1.8M	—	CN¥2.5M	—	CN¥2.3M	CN¥1.5M	CN¥1.3M	CN¥546,300
Minority interest	—	CN¥150,554	—	CN¥285,757	—	CN¥149,694	—	—	—	—
Total shareholders' equity	CN¥120.7M	CN¥120.6M	CN¥66.0M	CN¥66.0M	CN¥71.1M	CN¥71.1M	CN¥67.4M	CN¥17.7M	CN¥15.4M	CN¥7.4M
Key figures
Total debt	CN¥17.2M	CN¥1.0M	CN¥11.0M	CN¥100,000	CN¥4.8M	—	CN¥2.1M	CN¥3.2M	CN¥3.2M	CN¥3.6M
Net cash (debt)	CN¥4.3M	CN¥18.8M	−CN¥3.1M	CN¥7.8M	−CN¥849,997	—	CN¥60.5M	CN¥3.9M	CN¥547,639	−CN¥1.0M
Working capital	CN¥66.0M	CN¥66.2M	CN¥21.7M	CN¥21.7M	CN¥21.3M	CN¥21.3M	CN¥65.4M	CN¥15.4M	CN¥12.9M	CN¥6.6M
Tangible book value	CN¥70.0M	CN¥70.0M	CN¥22.1M	CN¥22.1M	CN¥54.2M	CN¥54.2M	CN¥65.5M	CN¥15.7M	CN¥13.4M	CN¥7.2M
Shares outstanding	93K	93K	141K	12K	130K	12K	136K	124K	124K	124K
Current ratio	4.03	4.04	2.25	2.25	3.18	3.18	9.65	3.08	2.92	2.89
Quick ratio	1.49	1.20	1.11	0.94	1.96	1.48	9.53	2.02	1.79	2.59
Debt / equity	0.14	0.01	0.17	0.00	0.07	—	0.03	0.18	0.21	0.49
Equity / assets	83.8%	83.8%	77.4%	77.4%	87.5%	87.5%	89.7%	70.1%	69.1%	55.5%

Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed April 10, 2026); data from EODHD.

JDZG financial position

At the end of fiscal 2025 (December 31, 2025), JIADE LIMITED had total assets of CN¥144.0 million (up 77.1% from a year earlier), total liabilities of CN¥23.2 million and shareholders' equity of CN¥120.7 million. It held CN¥21.5 million in cash and short-term investments against CN¥17.2 million of debt, a net cash position of CN¥4.3 million. Its current ratio was 4.03. In the latest quarter (ended March 31, 2026) total assets were CN¥144.0 million and equity CN¥120.7 million.

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

JDZG balance sheet FAQ

What are JIADE LIMITED's total assets?

JIADE LIMITED reported total assets of CN¥144.0 million at the end of fiscal 2025 (December 31, 2025), compared with CN¥81.3 million a year earlier.

How much debt does JIADE LIMITED have?

JIADE LIMITED had CN¥17.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.14.

How much cash does JIADE LIMITED have?

JIADE LIMITED held CN¥21.5 million in cash and short-term investments at the end of fiscal 2025; with CN¥17.2 million of debt that is net cash of CN¥4.3 million.

What is JIADE LIMITED's book value?

JIADE LIMITED's shareholders' equity (book value) was CN¥120.7 million at the end of fiscal 2025.

What is JIADE LIMITED's current ratio?

JIADE LIMITED had current assets of CN¥87.7 million and current liabilities of CN¥21.8 million, a current ratio of 4.03 (it can cover its short-term obligations).

How much goodwill does JIADE LIMITED have?

JIADE LIMITED carried CN¥77.2 million of goodwill and intangible assets, 53.6% of total assets, at the end of fiscal 2025.