Diwang Industrial Holdings Limited (HKG:1950)

HKG:1950 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	54.73	48.95	48.11	28.45	79.64
Short-Term Investments	0.08	0.14	1.95	-	-
Trading Asset Securities	5.97	9.52	7.76	36.26	-
Cash & Short-Term Investments	60.78	58.61	57.82	64.71	79.64
Cash Growth	3.71%	1.36%	-10.64%	-18.75%	459.83%
Accounts Receivable	241.27	242.04	144.77	90.36	69.48
Other Receivables	5.23	11.25	0.17	0.05	0
Receivables	246.5	253.29	144.94	90.41	69.49
Inventory	44.68	108.31	98.24	31.28	17.99
Other Current Assets	205.45	128.43	6.92	7.68	3.54
Total Current Assets	557.41	548.64	307.92	194.07	170.66
Property, Plant & Equipment	254.03	139.53	134.79	115.69	87.21
Long-Term Investments	5.43	5.51	2.89	2.96	-
Long-Term Deferred Tax Assets	2.7	1.62	0.78	0.45	0.39
Other Long-Term Assets	8.12	42.31	-	-	5.75
Total Assets	827.68	737.59	446.38	313.17	264.01
Accounts Payable	70.28	51.54	68.66	38.01	19.95
Accrued Expenses	15.7	14.5	7.88	4.56	5.46
Short-Term Debt	64.96	26.45	10.45	-	-
Current Income Taxes Payable	1.3	1.8	7.85	0.05	0.2
Current Unearned Revenue	3.4	1.29	0.75	0.43	0.37
Total Current Liabilities	155.65	95.58	95.59	43.05	25.97
Long-Term Unearned Revenue	3.29	3.42	0.41	0.55	0.68
Total Liabilities	158.94	99.01	96	43.6	26.66
Common Stock	12.71	12.71	4.96	4.15	3.5
Additional Paid-In Capital	458.7	458.7	202.86	166.72	128.42
Retained Earnings	112.39	82.36	62.91	41.06	43.66
Comprehensive Income & Other	60.3	60.16	60.41	57.65	61.78
Total Common Equity	644.09	613.92	331.14	269.58	237.35
Minority Interest	24.65	24.67	19.24	-	-
Shareholders' Equity	668.74	638.59	350.38	269.58	237.35
Total Liabilities & Equity	827.68	737.59	446.38	313.17	264.01
Total Debt	64.96	26.45	10.45	-	-
Net Cash (Debt)	-4.18	32.16	47.37	64.71	79.64
Net Cash Growth	-	-32.12%	-26.79%	-18.75%	-
Net Cash Per Share	-0.01	0.07	0.18	0.28	0.42
Filing Date Shares Outstanding	720	720	288	240	200
Total Common Shares Outstanding	720	720	288	240	200
Working Capital	401.76	453.06	212.34	151.03	144.69
Book Value Per Share	0.89	0.85	1.15	1.12	1.19
Tangible Book Value	644.09	613.92	331.14	269.58	237.35
Tangible Book Value Per Share	0.89	0.85	1.15	1.12	1.19
Buildings	116.37	89.71	89.71	46.07	45.7
Machinery	93.74	73.13	66.63	62.17	59.23
Construction In Progress	61	16.15	8.26	29.92	0.35

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