Redsun Services Group Limited (HKG:1971)

Redsun Services Group 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	560.57	638.15	545.73	697.61	826.25
Trading Asset Securities	-	-	1.01	-	-
Cash & Short-Term Investments	560.57	638.15	546.74	697.61	826.25
Cash Growth	-12.16%	16.72%	-21.63%	-15.57%	353.46%
Accounts Receivable	681.35	639.64	631.53	212.47	160.03
Other Receivables	-	-	41.7	3.79	5.63
Receivables	681.35	639.64	673.23	216.26	165.66
Inventory	0.27	5.36	6.84	9.54	0.04
Other Current Assets	133.01	123.4	68.45	52.1	24.72
Total Current Assets	1,375	1,407	1,295	975.51	1,017
Property, Plant & Equipment	25.33	20.56	19.11	17.76	14.69
Goodwill	175.05	175.05	175.05	205.46	31.3
Other Intangible Assets	57.73	73.55	87.73	136.02	38.22
Long-Term Deferred Tax Assets	25.01	18.18	3	8.03	6.73
Total Assets	1,658	1,694	1,580	1,343	1,108
Accounts Payable	183.78	195.87	151.14	80.52	49.83
Accrued Expenses	49.93	56.26	56.84	83.41	83.13
Current Portion of Long-Term Debt	13.83	13.79	13.82	-	-
Current Portion of Leases	-	2.36	1.4	1.38	1.36
Current Income Taxes Payable	85.14	78.14	51.18	34.6	17.35
Current Unearned Revenue	258.59	252.6	229.04	187.99	134.75
Other Current Liabilities	127.74	148.4	120.89	109.5	90.42
Total Current Liabilities	719.01	747.42	624.32	497.4	376.85
Long-Term Debt	17.24	31.06	44.74	-	-
Long-Term Deferred Tax Liabilities	13	16.83	20.91	33.12	10.34
Total Liabilities	749.24	795.31	689.96	530.52	387.19
Common Stock	3.76	3.76	3.76	3.76	3.76
Additional Paid-In Capital	387.26	387.26	387.26	387.26	408.65
Retained Earnings	419.18	404.8	393.93	301.94	173.99
Comprehensive Income & Other	87.85	87.85	87.85	87.85	103.79
Total Common Equity	898.06	883.67	872.81	780.82	690.19
Minority Interest	11.02	14.9	17.38	31.44	30.23
Shareholders' Equity	909.08	898.57	890.19	812.26	720.42
Total Liabilities & Equity	1,658	1,694	1,580	1,343	1,108
Total Debt	31.07	47.21	59.96	1.38	1.36
Net Cash (Debt)	529.51	590.93	486.78	696.23	824.89
Net Cash Growth	-10.39%	21.40%	-30.08%	-15.60%	352.71%
Net Cash Per Share	1.28	1.42	1.17	1.68	2.32
Filing Date Shares Outstanding	415	415	415	415	415
Total Common Shares Outstanding	415	415	415	415	415
Working Capital	656.19	659.13	670.94	478.11	639.81
Book Value Per Share	2.16	2.13	2.10	1.88	1.66
Tangible Book Value	665.28	635.08	610.02	439.34	620.67
Tangible Book Value Per Share	1.60	1.53	1.47	1.06	1.50
Machinery	34.56	29.06	24.76	21.67	17.83
Construction In Progress	2.74	0.2	2.18	2.19	1.63
Leasehold Improvements	20.12	15.47	10.08	6.65	3.46

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