China Wacan Group Company Limited (HKG:1920)

China Wacan Group Company Balance Sheet

Financials in millions HKD. 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	10.54	18.6	14.01	9.56	5.95
Cash & Short-Term Investments	10.54	18.6	14.01	9.56	5.95
Cash Growth	-43.34%	32.80%	46.46%	60.86%	-75.93%
Accounts Receivable	25.93	28.62	71.24	136.44	189.05
Other Receivables	-	-	0.18	0.46	0.72
Receivables	25.93	28.62	71.41	136.9	189.77
Prepaid Expenses	-	16.9	26.56	27.5	41.18
Other Current Assets	-	-	-	5	5
Total Current Assets	36.47	64.12	111.98	178.96	241.9
Property, Plant & Equipment	3	4.94	9.36	9.8	11.54
Long-Term Investments	-	-	-	2.48	-
Long-Term Deferred Tax Assets	-	-	-	-	0.08
Other Long-Term Assets	2.8	2.7	2.6	-	-
Total Assets	42.26	71.76	123.94	191.25	253.52
Accounts Payable	25.41	7.16	7.65	26.92	4.17
Accrued Expenses	1.72	1.8	1.79	2.06	2.5
Short-Term Debt	5.31	9.62	9.7	16.28	17.81
Current Unearned Revenue	-	-	0	0.23	0.09
Other Current Liabilities	-	-	-	0.03	0.03
Total Current Liabilities	32.43	18.59	19.15	45.52	24.59
Long-Term Deferred Tax Liabilities	-	-	-	0.11	0.12
Total Liabilities	32.43	18.59	19.15	45.63	24.71
Common Stock	31.2	31.2	31.2	26	26
Additional Paid-In Capital	93.78	93.78	93.78	83.61	83.61
Retained Earnings	-115.75	-72.41	-20.79	35.41	118.6
Comprehensive Income & Other	0.6	0.6	0.6	0.6	0.6
Shareholders' Equity	9.83	53.17	104.79	145.62	228.81
Total Liabilities & Equity	42.26	71.76	123.94	191.25	253.52
Total Debt	5.31	9.62	9.7	16.28	17.81
Net Cash (Debt)	5.23	8.98	4.31	-6.72	-11.86
Net Cash Growth	-41.71%	108.50%	-	-	-
Net Cash Per Share	0.02	0.03	0.01	-0.03	-0.05
Filing Date Shares Outstanding	312	312	312	260	260
Total Common Shares Outstanding	312	312	312	260	260
Working Capital	4.04	45.53	92.83	133.44	217.31
Book Value Per Share	0.03	0.17	0.34	0.56	0.88
Tangible Book Value	9.83	53.17	104.79	145.62	228.81
Tangible Book Value Per Share	0.03	0.17	0.34	0.56	0.88
Land	-	-	2.77	8.03	8.03
Machinery	7.96	7.96	13.91	8.2	8.2

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