Pa Shun International Holdings Limited (HKG:0574)

HKG:0574 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	3.56	15.97	16.51	1.9	2.27	5.26
Cash & Short-Term Investments	3.56	15.97	16.51	1.9	2.27	5.26
Cash Growth	-23.13%	-3.26%	768.54%	-16.33%	-56.82%	-67.37%
Accounts Receivable	44.42	27.77	28.38	11.44	16.09	55.03
Other Receivables	1.38	1.9	8.68	6.51	9.73	27.22
Receivables	45.8	29.67	37.05	17.95	25.82	82.25
Inventory	20.27	51.11	56.69	10.69	8.35	17.95
Other Current Assets	-	8.11	14.02	10.68	15.32	92.64
Total Current Assets	87.46	104.86	124.27	41.22	51.76	198.09
Property, Plant & Equipment	31	31.28	34.27	37.81	41.36	45.1
Long-Term Investments	-	-	-	-	-	42.88
Other Intangible Assets	0.01	0.01	0.03	0.06	0.11	26.68
Long-Term Deferred Tax Assets	-	-	-	-	-	4.64
Other Long-Term Assets	43.5	43.5	48	57	74	185.8
Total Assets	161.96	179.65	206.57	136.09	167.22	503.19
Accounts Payable	27.92	31.63	32.63	33.55	31.42	49.23
Accrued Expenses	15.48	16.7	54.72	26.46	23.34	16.37
Short-Term Debt	16.38	11.78	8.29	25.81	21.19	12.79
Current Portion of Long-Term Debt	6.63	3.7	107.89	82.53	76.58	87.75
Current Portion of Leases	-	-	-	0.37	0.87	0.77
Current Income Taxes Payable	1.08	0.1	0.59	-	1.43	-
Current Unearned Revenue	14.13	15.03	13.35	22.56	21.3	12.82
Other Current Liabilities	35.33	24.59	30.78	35.93	24.46	20.52
Total Current Liabilities	116.94	103.53	248.26	227.22	200.58	200.26
Long-Term Debt	17	28.95	50.92	-	-	-
Long-Term Leases	-	-	-	-	0.37	1.4
Long-Term Unearned Revenue	21.24	20.98	21.49	22.52	23.03	23.54
Long-Term Deferred Tax Liabilities	2.13	2.13	2	1.87	1.74	-
Other Long-Term Liabilities	153.13	160.1	-	-	-	-
Total Liabilities	310.43	315.68	322.67	251.61	225.73	225.2
Common Stock	1.22	1.22	1.22	1.22	1.22	1.22
Additional Paid-In Capital	691.88	691.88	691.88	691.88	691.88	691.88
Retained Earnings	-798.35	-789.29	-773.98	-776.33	-732.95	-402.55
Comprehensive Income & Other	-43.22	-39.84	-35.22	-32.29	-18.65	-12.57
Total Common Equity	-148.47	-136.04	-116.1	-115.52	-58.5	277.98
Shareholders' Equity	-148.47	-136.04	-116.1	-115.52	-58.5	277.98
Total Liabilities & Equity	161.96	179.65	206.57	136.09	167.22	503.19
Total Debt	40.01	44.42	167.1	108.71	99.01	102.71
Net Cash (Debt)	-36.45	-28.45	-150.59	-106.81	-96.74	-97.45
Net Cash Per Share	-0.02	-0.02	-0.10	-0.07	-0.07	-0.07
Filing Date Shares Outstanding	1,475	1,475	1,475	1,475	1,475	1,475
Total Common Shares Outstanding	1,475	1,475	1,475	1,475	1,475	1,475
Working Capital	-29.49	1.33	-123.99	-186	-148.83	-2.17
Book Value Per Share	-0.10	-0.09	-0.08	-0.08	-0.04	0.19
Tangible Book Value	-148.47	-136.04	-116.13	-115.58	-58.61	251.31
Tangible Book Value Per Share	-0.10	-0.09	-0.08	-0.08	-0.04	0.17
Buildings	-	54.03	54.03	54.03	54.03	54.03
Machinery	-	13.33	13.54	14.8	14.82	16.54
Construction In Progress	-	-	3.46	3.46	3.46	3.37
Leasehold Improvements	-	8.35	4.88	4.84	4.84	4.84

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