Cheerwin Group Limited (FRA:1RQ)

Cheerwin Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	935.69	1,186	1,543	1,341	2,558	884.77
Short-Term Investments	1,702	1,689	1,229	1,382	110	-
Cash & Short-Term Investments	2,638	2,875	2,773	2,723	2,668	884.77
Cash Growth	-0.02%	3.67%	1.84%	2.04%	201.57%	73.13%
Accounts Receivable	134.27	31.41	32.3	36.69	18.95	64.22
Other Receivables	16.12	64.42	42.48	66.96	60.07	61.66
Receivables	150.39	95.83	74.77	103.65	79.02	125.88
Inventory	167.25	328.49	275.17	329.51	349.88	373.07
Prepaid Expenses	18.36	7.62	8.52	4.53	6.63	2.9
Other Current Assets	18.12	15.08	10.84	-	-	11.66
Total Current Assets	2,992	3,322	3,142	3,160	3,104	1,398
Property, Plant & Equipment	197.29	200.85	190.85	187.57	195.12	167.68
Long-Term Investments	423.64	218.37	410.09	146.03	66.9	-
Goodwill	-	-	6.28	3.93	-	-
Other Intangible Assets	-	-	9.7	11.65	-	-
Long-Term Deferred Tax Assets	63.68	60.4	76.99	68.06	54.13	37.31
Other Long-Term Assets	0.36	0.41	0.17	0.62	2.82	5.16
Total Assets	3,677	3,802	3,836	3,578	3,423	1,608
Accounts Payable	192.76	248.33	239.75	243.79	292.9	321.54
Accrued Expenses	219.71	201.01	252.51	230.07	193.57	161.16
Short-Term Debt	-	-	-	-	-	300
Current Portion of Leases	21.4	18.99	11.21	6.2	5.52	1.78
Current Income Taxes Payable	14.46	5.44	16.32	3.24	7.12	42.66
Current Unearned Revenue	46.93	292.94	334.74	243.72	169.07	486.75
Other Current Liabilities	99.89	15.27	13.21	7.89	9.83	38.9
Total Current Liabilities	595.14	781.98	867.74	734.91	678	1,353
Long-Term Leases	29.17	30.49	16.81	10.41	9.39	5.1
Long-Term Deferred Tax Liabilities	-	-	11.41	8.27	-	-
Other Long-Term Liabilities	-	-	2.71	-	-	-
Total Liabilities	624.31	812.47	898.67	753.59	687.39	1,358
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	-	2,465	2,465	2,465	2,465	1.55
Retained Earnings	-	355.12	308.81	222.83	270.47	237.04
Comprehensive Income & Other	3,057	170.45	153.24	129.13	-2.02	9.09
Total Common Equity	3,057	2,991	2,927	2,817	2,734	247.68
Minority Interest	-4.1	-1.65	10.11	7.3	1.5	2.85
Shareholders' Equity	3,053	2,989	2,937	2,825	2,735	250.53
Total Liabilities & Equity	3,677	3,802	3,836	3,578	3,423	1,608
Total Debt	50.57	49.48	28.02	16.61	14.91	306.88
Net Cash (Debt)	2,587	2,825	2,745	2,706	2,653	577.89
Net Cash Growth	-0.66%	2.93%	1.43%	1.99%	359.13%	15.36%
Net Cash Per Share	1.94	2.12	2.06	2.03	2.09	0.58
Filing Date Shares Outstanding	1,333	1,333	1,333	1,333	1,333	1,333
Total Common Shares Outstanding	1,333	1,333	1,333	1,333	1,333	1,333
Working Capital	2,397	2,540	2,274	2,425	2,426	45.47
Book Value Per Share	2.29	2.24	2.20	2.11	2.05	0.19
Tangible Book Value	3,057	2,991	2,911	2,802	2,734	247.68
Tangible Book Value Per Share	2.29	2.24	2.18	2.10	2.05	0.19
Buildings	-	127.03	127.03	124.97	117.06	97.91
Machinery	-	149.16	139.31	123.1	113.17	87.21
Construction In Progress	-	-	-	-	3.34	3.81

Source: S&P Global Market Intelligence. Standard template. Financial Sources.