Comtec Solar Systems Group Limited (FRA:8C11)

FRA:8C11 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	6.38	9.08	18.29	22.54	6.77	5.13
Short-Term Investments	114.55	-	-	0.12	0.15	69.81
Cash & Short-Term Investments	120.93	9.08	18.29	22.66	6.92	74.94
Cash Growth	54.25%	-50.37%	-19.30%	227.40%	-90.76%	607.47%
Accounts Receivable	12.12	12.51	47.49	5.97	7.49	30.7
Other Receivables	-	47.74	33.92	32.55	29.91	-
Receivables	12.12	68.74	89.91	38.52	37.39	30.7
Inventory	22.49	1.09	1.59	3.08	3.16	17.22
Other Current Assets	0.01	4.37	21.88	161.75	9.86	21.21
Total Current Assets	155.55	83.28	131.66	226.01	57.33	144.06
Property, Plant & Equipment	12.4	17.54	26.18	31.84	99.02	147.8
Long-Term Investments	10.29	8.43	2.87	-	-	0.16
Goodwill	-	-	-	-	6.57	6.57
Other Intangible Assets	-	-	-	-	0.92	2.14
Long-Term Deferred Tax Assets	1.89	1.89	3.67	-	-	-
Other Long-Term Assets	32.74	35.13	42.66	45.09	128.05	83.61
Total Assets	212.87	146.26	207.04	302.95	291.89	384.34
Accounts Payable	130.59	52.92	91.98	50.13	66.76	65.56
Accrued Expenses	77.06	66.24	56.6	36.99	47.51	14.62
Short-Term Debt	49.92	50.14	2.08	4.76	17.67	-
Current Portion of Long-Term Debt	25.6	25.5	34.24	69.63	168.62	249.07
Current Portion of Leases	2.43	2.58	3.9	4.54	2.13	1.59
Current Income Taxes Payable	5.86	5.86	5.92	5.86	5.83	5.81
Current Unearned Revenue	5.05	4.87	7.48	7.75	7.22	35.56
Other Current Liabilities	54.56	51.06	86.95	238.6	55.05	62.4
Total Current Liabilities	351.06	259.16	289.15	418.27	370.79	434.6
Long-Term Debt	31.94	34.67	34.46	4.7	7.5	10.3
Long-Term Leases	7.98	8.8	11.31	19.87	7.75	9.71
Long-Term Unearned Revenue	1.88	2.3	4.81	8.98	6.49	7.33
Long-Term Deferred Tax Liabilities	2.34	1.75	1.75	15.28	12.83	11.54
Total Liabilities	395.2	306.68	341.48	467.1	405.35	473.48
Common Stock	3.73	3.73	3.15	2.75	2.75	2.56
Additional Paid-In Capital	1,601	1,601	1,587	1,572	1,572	1,533
Retained Earnings	-1,931	-1,908	-1,860	-1,904	-1,849	-1,795
Comprehensive Income & Other	137.32	136.35	136.27	166.61	166.61	172.81
Total Common Equity	-189.18	-167.35	-133.64	-163.44	-107.63	-87.02
Minority Interest	6.85	6.93	-0.81	-0.72	-5.83	-2.12
Shareholders' Equity	-182.33	-160.42	-134.44	-164.15	-113.46	-89.15
Total Liabilities & Equity	212.87	146.26	207.04	302.95	291.89	384.34
Total Debt	117.86	121.69	86	103.5	203.67	270.67
Net Cash (Debt)	3.07	-112.61	-67.71	-80.85	-196.75	-195.74
Net Cash Per Share	0.00	-0.11	-0.08	-0.10	-0.25	-0.27
Filing Date Shares Outstanding	1,060	1,060	901.58	791.71	791.71	733.17
Total Common Shares Outstanding	1,060	1,060	901.58	791.71	791.71	733.17
Working Capital	-195.51	-175.88	-157.5	-192.26	-313.45	-290.54
Book Value Per Share	-0.18	-0.16	-0.15	-0.21	-0.14	-0.12
Tangible Book Value	-189.18	-167.35	-133.64	-163.44	-115.12	-95.73
Tangible Book Value Per Share	-0.18	-0.16	-0.15	-0.21	-0.15	-0.13
Buildings	-	33.94	33.82	33.82	82.85	197.1
Machinery	-	133.09	137.34	134	180.02	262.2
Construction In Progress	-	-	-	-	0.34	18.05

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