ZONQING Environmental Limited (HKG:1855)

ZONQING Environmental 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	47.16	122.78	210.41	220.23	47.5	144
Cash & Short-Term Investments	47.16	122.78	210.41	220.23	47.5	144
Cash Growth	-22.93%	-41.65%	-4.46%	363.70%	-67.02%	95.61%
Accounts Receivable	3,432	3,433	2,883	2,616	1,733	1,467
Other Receivables	91.36	144.94	106.35	629.87	135.77	22.68
Receivables	3,523	3,578	2,989	3,246	1,869	1,490
Inventory	46.46	65.68	62.99	151.48	39.13	41.56
Other Current Assets	409.92	133.18	99.77	71.44	38.24	24.61
Total Current Assets	4,027	3,900	3,362	3,689	1,994	1,700
Property, Plant & Equipment	53.81	50	47.18	46.15	15.97	10.96
Long-Term Investments	309.11	310.87	340.29	348.79	288.46	278.44
Other Intangible Assets	13.1	17.04	1.94	2.44	2.93	1.82
Long-Term Accounts Receivable	0.55	0.55	0.6	18.99	34.63	43.4
Long-Term Deferred Tax Assets	110.62	105.21	93.92	77.42	43.87	31.62
Total Assets	4,514	4,384	3,846	4,183	2,380	2,066
Accounts Payable	1,286	1,578	1,389	1,237	943.45	703.42
Accrued Expenses	181.5	151.73	121.59	158.68	68.73	41.25
Current Portion of Long-Term Debt	889.48	882.81	726.26	974.78	479.57	430
Current Portion of Leases	2.85	2.75	2.02	2.61	3.25	0.64
Current Income Taxes Payable	23.45	34.11	54.21	26.27	11.46	15.28
Current Unearned Revenue	1,105	726.7	602.07	583.04	154.66	191.27
Other Current Liabilities	199.19	202.26	89.95	189.61	77.09	141.7
Total Current Liabilities	3,687	3,578	2,985	3,172	1,738	1,524
Long-Term Debt	-	1.85	79.95	78.93	25	50
Long-Term Leases	4.24	4.34	1.25	0.82	2.18	0.27
Long-Term Deferred Tax Liabilities	1.92	1.93	10.48	12.76	10.34	8.51
Other Long-Term Liabilities	-	1.72	-	-	-	-
Total Liabilities	3,693	3,588	3,077	3,265	1,776	1,582
Common Stock	0.23	0.23	0.23	0.23	0.23	0
Additional Paid-In Capital	70.32	70.32	90.06	90.06	90.06	10.56
Retained Earnings	330.9	301.57	262.39	142.48	178.29	143.45
Comprehensive Income & Other	299.28	296.86	296.91	634.98	326.04	320.23
Total Common Equity	700.73	668.97	649.6	867.75	594.63	474.24
Minority Interest	120.15	126.22	119.87	50.26	9.45	9.58
Shareholders' Equity	820.88	795.19	769.47	918.02	604.08	483.81
Total Liabilities & Equity	4,514	4,384	3,846	4,183	2,380	2,066
Total Debt	896.57	891.75	809.48	1,057	509.99	480.91
Net Cash (Debt)	-849.41	-768.97	-599.07	-836.91	-462.49	-336.91
Net Cash Per Share	-1.03	-0.93	-0.73	-1.01	-0.56	-0.51
Filing Date Shares Outstanding	825	825	825	825	825	2.46
Total Common Shares Outstanding	825	825	825	825	825	2.46
Working Capital	339.85	321.36	377.21	516.73	255.72	176.35
Book Value Per Share	0.85	0.81	0.79	1.05	0.72	192.54
Tangible Book Value	687.63	651.93	647.66	865.31	591.7	472.41
Tangible Book Value Per Share	0.83	0.79	0.79	1.05	0.72	191.80
Buildings	-	4.42	4.42	4.42	-	-
Machinery	-	81.21	75.31	68.78	24.44	22.46

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.