Bright Future Technology Holdings Limited (HKG:1351)

HKG:1351 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	15.84	45.19	74.03	116.38	97.18
Short-Term Investments	-	-	-	104.94	127.57
Cash & Short-Term Investments	15.84	45.19	74.03	221.32	224.75
Cash Growth	-64.94%	-38.96%	-66.55%	-1.52%	123.37%
Accounts Receivable	293.73	282.15	181.2	333.69	335.07
Other Receivables	5.89	3.34	4.8	9.12	10.69
Receivables	309.82	298.62	199.11	353.23	345.77
Restricted Cash	0.37	4.67	5.95	-	-
Other Current Assets	112.9	120.79	72.29	-	-
Total Current Assets	438.93	469.27	351.38	574.55	570.51
Property, Plant & Equipment	2.73	4.66	3.22	7.55	5.03
Long-Term Investments	6.3	3	1.39	-	-
Other Intangible Assets	0.33	0.99	1.65	-	0.05
Long-Term Deferred Tax Assets	1.06	0.75	0.55	0.41	0.27
Other Long-Term Assets	0.01	0.01	0.01	0.81	1.9
Total Assets	449.36	478.68	358.21	583.32	577.76
Accounts Payable	47.78	77.87	12.08	118.59	130.47
Accrued Expenses	18.89	23.8	28.01	20.28	18.48
Short-Term Debt	105.83	101.52	88.93	-	7.5
Current Portion of Long-Term Debt	2.95	39.35	2.46	41.1	75
Current Portion of Leases	1.35	2.23	1.25	2.68	2.26
Current Income Taxes Payable	18.05	21.09	16.79	16.22	9.89
Current Unearned Revenue	22.98	12.85	17.8	24	34.21
Other Current Liabilities	5.02	1.49	3.5	0.68	4.37
Total Current Liabilities	222.84	280.19	170.81	223.54	282.19
Long-Term Debt	64.51	31.45	37.31	41	-
Long-Term Leases	-	0.91	0.11	1.95	1.11
Long-Term Deferred Tax Liabilities	19.36	18.82	18.46	21.24	-
Total Liabilities	306.7	331.37	226.68	287.73	283.3
Common Stock	51.7	42.61	42.61	42.61	42.61
Additional Paid-In Capital	60.02	54.95	54.95	56.71	56.71
Retained Earnings	3.66	10.15	-4.66	159.63	176.89
Comprehensive Income & Other	27.28	39.61	38.64	36.65	18.25
Shareholders' Equity	142.65	147.31	131.53	295.6	294.45
Total Liabilities & Equity	449.36	478.68	358.21	583.32	577.76
Total Debt	174.64	175.45	130.05	86.73	85.88
Net Cash (Debt)	-158.79	-130.26	-56.02	134.59	138.87
Net Cash Growth	-	-	-	-3.08%	111.16%
Net Cash Per Share	-0.28	-0.27	-0.12	0.27	0.35
Filing Date Shares Outstanding	600	500	500	500	500
Total Common Shares Outstanding	600	500	500	500	500
Working Capital	216.09	189.08	180.58	351.01	288.32
Book Value Per Share	0.24	0.29	0.26	0.59	0.59
Tangible Book Value	142.32	146.32	129.88	295.6	294.41
Tangible Book Value Per Share	0.24	0.29	0.26	0.59	0.59
Machinery	2.95	3.09	2.85	2.86	2.16
Leasehold Improvements	2.41	2.24	2.24	2.24	0.64

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