The company maintains a conservative capital structure with a debt-to-equity ratio of 0.12 as of 2025Q4, though total assets have contracted significantly from $18.8 million in 2023Q2 to $2.0 million in 2026Q2.
| Total Current Assets | 1.1M | 9.02M | 11.98M | 1.71M | 1.92M | 11.42M | 10.84M |
| Cash & Short-Term Investments | 363.12K | 3.69M | 5.53M | 983.14K | 674.97K | 2.64M | 3.97M |
| Cash Only | 363.12K | 3.69M | 5.53M | 983.14K | 674.97K | 2.64M | 3.97M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.47M | 3.3M | 3.92M | 2.26M | 2.88M | 3.16M | 2.66M |
| Days Sales Outstanding | 44.9 | 68.33 | 97.12 | 268.78 | 301.31 | 50.94 | 43.6 |
| Inventory | 1.92M | 1.76M | 2.02M | 288.59K | 629.63K | 3.62M | 2.98M |
| Days Inventory Outstanding | 36.8 | 50.85 | 68.22 | 51 | 90.84 | 85.67 | 70.38 |
| Other Current Assets | -4.96M | 31.41K | 253.94K | 1.87M | 2.5M | 2M | 1.23M |
| Total Non-Current Assets | 859.15K | 6.31M | 5.96M | 453.54K | 175.36K | 1.38M | 2.07M |
| Property, Plant & Equipment | 5.79M | 5.55M | 5.51M | 297.2K | 82.98K | 1.06M | 1.69M |
| Fixed Asset Turnover | 5.47x | 3.18x | 2.68x | 10.33x | 42.06x | 21.38x | 13.21x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 12.67K | 83.91K | 38.18K | 88.32K | 116.91K | 176.15K | 223.04K |
| Long-Term Investments | 0 | 0 | 0 | 637 | 638 | 0 | 0 |
| Other Non-Current Assets | -5.62M | 119.26K | 116.64K | 62.15K | -37.98K | 62.08K | 161.08K |
| Total Assets | 1.96M | 15.33M | 17.94M | 2.16M | 2.09M | 12.79M | 12.91M |
| Asset Turnover | 1.97x | 1.15x | 0.82x | 1.42x | 1.67x | 1.77x | 1.73x |
| Asset Growth % | 631.65% | -14.57% | 729.89% | 3.25% | -83.63% | -0.91% | - |
| Total Current Liabilities | 598.19K | 3.84M | 4.44M | 559.27K | 865.86K | 5.8M | 6.08M |
| Accounts Payable | 2.39M | 1.82M | 2.18M | 1.66M | 3.91M | 3.15M | 2.63M |
| Days Payables Outstanding | 42.98 | 52.51 | 73.36 | 294 | 563.67 | 74.41 | 62.28 |
| Short-Term Debt | 0 | 0 | 0 | 39.73K | 156.39K | 0 | 0 |
| Deferred Revenue (Current) | 606.12K | 141.74K | 207.29K | 23.8K | 9.63K | 167.82K | 0 |
| Other Current Liabilities | -3.92M | 138.67K | 223.64K | 629.77K | 587.81K | 464.11K | 1.51M |
| Current Ratio | 1.84x | 2.35x | 2.70x | 3.05x | 2.22x | 1.97x | 1.78x |
| Quick Ratio | -1.37x | 1.89x | 2.24x | 2.54x | 1.49x | 1.34x | 1.29x |
| Cash Conversion Cycle | 38.72 | 66.66 | 91.98 | 25.78 | -171.52 | 62.2 | 51.7 |
| Total Non-Current Liabilities | 77.73K | 761.08K | 1.2M | 210.63K | 21.69K | 670.77K | 838.58K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 39.78K | 350.83K | 0 |
| Capital Lease Obligations | 3.54M | 761.08K | 1.2M | 1.65M | 130.08K | 319.94K | 838.58K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 675.92K | 4.6M | 5.64M | 769.89K | 887.55K | 6.47M | 6.92M |
| Total Debt | 1.14M | 1.27M | 1.71M | 277.48K | 111.28K | 1.22M | 1.34M |
| Net Debt | 773.29K | -2.41M | -3.82M | -705.66K | -563.69K | -1.42M | -2.62M |
| Debt / Equity | 0.89x | 0.12x | 1.09x | 0.20x | 0.09x | 0.19x | 0.22x |
| Debt / EBITDA | -0.41x | - | - | 0.86x | 0.28x | 0.40x | 0.54x |
| Net Debt / EBITDA | -0.28x | - | - | -2.18x | -1.41x | -0.47x | -1.05x |
| Interest Coverage | -2521.96x | - | - | - | 350.30x | 283.07x | - |
| Total Equity | 1.28M | 10.73M | 1.57M | 1.39M | 1.21M | 6.32M | 5.99M |
| Equity Growth % | 1175.63% | 582.63% | 12.91% | 15.39% | -80.92% | 5.46% | - |
| Book Value per Share | 1.11 | 9.26 | 1.36 | 1.22 | 1.06 | 5.56 | 5.99 |
| Total Shareholders' Equity | 1.28M | 10.73M | 1.57M | 1.39M | 1.21M | 6.32M | 5.99M |
| Common Stock | 744 | 5.79K | 5.79K | 637 | 5K | 5K | 5K |
| Retained Earnings | 785.33K | 7.08M | 9.31M | 1.3M | 1.02M | 5.72M | 6.42M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -127.11K | -1.22M | -134.89K | -67.83K | 25.02K | -172.09K | -1.67M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Operational scale and liquidity
As reported in financial statements, CCTG's total assets have fluctuated significantly, dropping from $18.8 million in 2023Q2 to $2.0 million by 2026Q2, which suggests a period of intense balance sheet contraction that may reflect either asset divestitures or a fundamental shift in the company's operational footprint.
The dramatic reduction in asset base over the last three years indicates that the company's scale is highly unstable and potentially shrinking. Investors should monitor whether this trajectory represents a strategic downsizing or a loss of competitive positioning in the high-mix, low-volume interconnect market.
According to recent SEC filings, CCTG maintains a conservative debt-to-equity ratio of 0.12 as of 2025Q4, which appears to be a strategic choice to minimize interest obligations despite the company's ongoing struggle to achieve consistent profitability across its core industrial and medical manufacturing segments.
While the low leverage profile provides a buffer against rising interest rates, it does not compensate for the lack of operational cash flow generation. The reliance on equity rather than debt suggests that the company may be avoiding traditional financing, potentially to preserve flexibility during periods of negative net margins.
Based on reported figures, the company's net PPE has seen significant volatility, peaking at $5.8 million in 2026Q2, which implies that CCTG is periodically committing substantial capital to manufacturing infrastructure despite the lack of a clear, sustained path to positive operating income or consistent revenue growth.
The high concentration of assets in PPE relative to total assets suggests an asset-heavy business model that requires significant utilization to be profitable. If these investments do not lead to improved operating leverage, the company may face future impairment risks on its manufacturing equipment.
As indicated by the data, the current ratio has remained above 1.84 in recent periods, yet the absolute cash position has declined from $7.7 million in 2023Q4 to $363.1K in 2026Q2, signaling a rapid depletion of liquid resources that warrants close investor scrutiny regarding future runway.
The sharp decline in cash reserves suggests that the company is burning through its liquidity to fund operations and capital expenditures. Without a reversal in the current negative operating margin trend, the company may face liquidity constraints that could necessitate dilutive capital raises.
Based on the provided data, the significant swings in retained earnings, which fell from $11.7 million in 2023Q2 to $785.3K in 2026Q2, suggest that the company's equity base is highly sensitive to operational losses, potentially masking the true extent of the business's long-term value erosion.
The rapid erosion of retained earnings indicates that the company is consuming its accumulated capital to sustain its current business model. This trend suggests that the headline equity figures may be misleading if the company cannot demonstrate a transition toward sustainable, profitable growth in the near term.
Quick answers to the most common questions about buying CCTG stock.
As of 2025, CCSC Technology International Holdings Limited Ordinary Shares (CCTG) had total assets of $15.3M including $9.0M in current assets.
CCSC Technology International Holdings Limited Ordinary Shares (CCTG) carries total debt of $1.3M, offset by $3.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
CCSC Technology International Holdings Limited Ordinary Shares (CCTG) has total shareholders' equity (book value) of $10.7M ($9.26 book value per share). Book value represents the net worth of the company belonging to common stock holders.
CCSC Technology International Holdings Limited Ordinary Shares (CCTG) reported a current ratio of 2.35x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.