Launch Tech Company Limited (FRA:LAN)

Launch Tech Company 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	550.48	547.77	619.53	525.48	415.35	396.94
Short-Term Investments	-	-	-	21	-	-
Trading Asset Securities	8.63	9.62	6.05	0.02	0.04	-
Cash & Short-Term Investments	559.11	557.39	625.58	546.51	415.39	396.94
Cash Growth	1.87%	-10.90%	14.47%	31.57%	4.65%	-17.21%
Accounts Receivable	375.85	330.94	267.28	198.65	211.8	195.81
Other Receivables	32.7	18.61	46.97	319.53	24.01	21.33
Receivables	408.55	349.55	314.25	518.18	235.81	217.14
Inventory	313.53	212.77	207.18	243.37	212.76	159.38
Other Current Assets	101.71	107.19	58.56	63.84	77.25	58.85
Total Current Assets	1,383	1,227	1,206	1,372	941.22	832.31
Property, Plant & Equipment	209.81	172.76	431.83	387.37	419.55	408.67
Long-Term Investments	57.5	55.67	20.59	10.06	8.71	5.29
Goodwill	104.37	104.55	88.19	66.83	1.14	1.14
Other Intangible Assets	92.49	96.33	56.1	73.37	100.65	84.22
Long-Term Deferred Tax Assets	2.54	2.98	0.16	0.01	4.34	5.14
Long-Term Deferred Charges	0.49	0.5	0.5	0.5	-	-
Other Long-Term Assets	326.97	336.99	52.27	76.58	79.96	64.22
Total Assets	2,177	1,997	1,855	1,987	1,556	1,401
Accounts Payable	249.83	208.95	163.9	242.97	216.99	267.95
Accrued Expenses	28.26	63.75	52.83	35.73	28.2	14.02
Short-Term Debt	132.93	79.92	177.99	237.39	395.57	275.84
Current Portion of Long-Term Debt	10.18	3.94	19.26	19.62	-	-
Current Portion of Leases	-	4.74	7.24	4.89	3.12	2.91
Current Income Taxes Payable	25.72	10.32	0.56	8.64	9.08	0.41
Current Unearned Revenue	251.01	159.39	95.86	93.34	84.13	101.32
Other Current Liabilities	64.16	53.99	69.7	52.43	64.35	70.86
Total Current Liabilities	762.08	585	587.35	695.01	801.43	733.3
Long-Term Debt	156.51	158.61	176.28	202.14	-	-
Long-Term Leases	16.3	4.77	9.25	9.8	0.2	2.61
Long-Term Unearned Revenue	4.01	4.46	7.5	7.57	8.16	11.27
Long-Term Deferred Tax Liabilities	-	-	-	0.14	0.22	0.19
Total Liabilities	938.91	752.84	780.38	914.66	810.02	747.36
Common Stock	415.09	415.79	415.79	432.22	432.22	432.22
Additional Paid-In Capital	388.64	393.8	393.8	409.99	409.99	409.99
Retained Earnings	423.6	415.65	259.02	237.07	-90.76	-183.15
Treasury Stock	-20.5	-	-	-	-	-
Comprehensive Income & Other	24.1	12.73	-1.38	-7.56	-6.12	-5.66
Total Common Equity	1,231	1,238	1,067	1,072	745.32	653.4
Minority Interest	7.22	5.86	7.61	0.23	0.23	0.23
Shareholders' Equity	1,238	1,244	1,075	1,072	745.55	653.63
Total Liabilities & Equity	2,177	1,997	1,855	1,987	1,556	1,401
Total Debt	315.92	251.98	390.02	473.85	398.89	281.35
Net Cash (Debt)	243.19	305.41	235.56	72.66	16.5	115.59
Net Cash Growth	27.46%	29.65%	224.17%	340.39%	-85.72%	-
Net Cash Per Share	0.59	0.73	0.55	0.17	0.04	0.27
Filing Date Shares Outstanding	415.55	415.79	415.79	432.22	432.22	432.22
Total Common Shares Outstanding	415.55	415.79	415.79	432.22	432.22	432.22
Working Capital	620.81	641.9	618.22	676.89	139.79	99.01
Book Value Per Share	2.96	2.98	2.57	2.48	1.72	1.51
Tangible Book Value	1,034	1,037	922.94	931.52	643.53	568.04
Tangible Book Value Per Share	2.49	2.49	2.22	2.16	1.49	1.31
Buildings	-	134.09	134.09	139.33	287.44	287.44
Machinery	-	129.72	125.68	122.82	137.79	168.37
Construction In Progress	-	63.42	309.07	255.03	219.59	190.6

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