Cheerwin Group Limited (FRA:1RQ)

Cheerwin Group Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,186	1,543	1,341	2,558	884.77
Short-Term Investments	1,689	1,229	1,382	110	-
Cash & Short-Term Investments	2,875	2,773	2,723	2,668	884.77
Cash Growth	3.67%	1.84%	2.04%	201.57%	73.13%
Accounts Receivable	31.41	32.3	36.69	18.95	64.22
Other Receivables	79.49	53.32	66.96	60.07	61.66
Receivables	110.9	85.62	103.65	79.02	125.88
Inventory	328.49	275.17	329.51	349.88	373.07
Prepaid Expenses	7.62	8.52	4.53	6.63	2.9
Other Current Assets	-	-	-	-	11.66
Total Current Assets	3,322	3,142	3,160	3,104	1,398
Property, Plant & Equipment	200.85	190.85	187.57	195.12	167.68
Long-Term Investments	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	60.4	76.99	68.06	54.13	37.31
Other Long-Term Assets	0.41	0.17	0.62	2.82	5.16
Total Assets	3,802	3,836	3,578	3,423	1,608
Accounts Payable	248.33	239.75	243.79	292.9	321.54
Accrued Expenses	201.01	252.51	230.07	193.57	161.16
Short-Term Debt	-	-	-	-	300
Current Portion of Leases	18.99	11.21	6.2	5.52	1.78
Current Income Taxes Payable	5.44	16.32	3.24	7.12	42.66
Current Unearned Revenue	292.94	334.74	243.72	169.07	486.75
Other Current Liabilities	15.27	13.21	7.89	9.83	38.9
Total Current Liabilities	781.98	867.74	734.91	678	1,353
Long-Term Leases	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	812.47	898.67	753.59	687.39	1,358
Common Stock	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	170.45	153.24	129.13	-2.02	9.09
Total Common Equity	2,991	2,927	2,817	2,734	247.68
Minority Interest	-1.65	10.11	7.3	1.5	2.85
Shareholders' Equity	2,989	2,937	2,825	2,735	250.53
Total Liabilities & Equity	3,802	3,836	3,578	3,423	1,608
Total Debt	49.48	28.02	16.61	14.91	306.88
Net Cash (Debt)	2,825	2,745	2,706	2,653	577.89
Net Cash Growth	2.93%	1.43%	1.99%	359.13%	15.36%
Net Cash Per Share	2.12	2.06	2.03	2.09	0.58
Filing Date Shares Outstanding	1,333	1,333	1,333	1,333	1,333
Total Common Shares Outstanding	1,333	1,333	1,333	1,333	1,333
Working Capital	2,540	2,274	2,425	2,426	45.47
Book Value Per Share	2.24	2.20	2.11	2.05	0.19
Tangible Book Value	2,991	2,911	2,802	2,734	247.68
Tangible Book Value Per Share	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.