Zhixin Group Holding Limited (HKG:2187)

Zhixin Group Holding 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	15.71	19.04	25.87	17.48	107.2	30.49
Cash & Short-Term Investments	15.71	19.04	25.87	17.48	107.2	30.49
Cash Growth	-40.09%	-26.41%	47.95%	-83.69%	251.64%	88.83%
Accounts Receivable	403.78	451.22	596.84	692.39	634.41	493.45
Other Receivables	13.02	12.93	11.49	8.9	5.76	1.53
Receivables	416.8	464.15	608.33	701.29	640.17	494.99
Inventory	33.62	31.79	89.67	48.1	48.85	57.05
Restricted Cash	-	-	0.5	0	8.71	4.71
Other Current Assets	17.54	16.26	14.22	17.61	4.89	7.61
Total Current Assets	483.66	531.23	738.59	784.47	809.82	594.85
Property, Plant & Equipment	554.93	512.67	509.12	494.95	324.7	183.77
Goodwill	-	39.3	39.3	39.3	39.3	-
Other Intangible Assets	39.41	0.11	0.16	0.22	0.16	0.19
Long-Term Accounts Receivable	9.84	13.81	24.89	25.39	30.73	17.89
Long-Term Deferred Tax Assets	6.47	4.45	5.02	4.41	3.39	1.58
Other Long-Term Assets	35.55	31.09	35.18	36.36	40.83	10.05
Total Assets	1,130	1,133	1,352	1,385	1,249	808.32
Accounts Payable	322.43	299.17	328.51	348.41	328.29	286.01
Accrued Expenses	16.03	23.91	21.31	25.79	41.34	44.33
Short-Term Debt	49.89	38.06	11.87	19.59	-	159.5
Current Portion of Long-Term Debt	87.81	197.56	290.48	282.3	259.04	-
Current Portion of Leases	-	-	-	-	7.83	6.81
Current Income Taxes Payable	0.16	1.83	6.93	1.72	10.53	16.51
Current Unearned Revenue	7.16	5.05	4.39	2.28	1.9	0.64
Other Current Liabilities	37.73	38.14	54.05	64.58	71.54	19.13
Total Current Liabilities	521.19	603.72	717.53	744.67	720.46	532.94
Long-Term Debt	260.21	132.69	163.71	186.21	65.95	95.67
Long-Term Leases	-	-	-	-	4.42	10.35
Long-Term Unearned Revenue	11.38	12.06	11.14	1.84	2.12	2.4
Long-Term Deferred Tax Liabilities	8.18	6.23	6.72	9.32	14.17	-
Total Liabilities	800.96	754.71	899.1	942.03	807.12	641.35
Common Stock	6.36	6.36	6.36	6.36	6.36	0.01
Additional Paid-In Capital	220.97	220.97	220.97	220.97	220.97	-
Retained Earnings	-25.57	23.49	98.69	88.61	87.36	66.96
Comprehensive Income & Other	127.14	127.14	127.14	127.14	127.14	100
Shareholders' Equity	328.89	377.95	453.15	443.07	441.82	166.97
Total Liabilities & Equity	1,130	1,133	1,352	1,385	1,249	808.32
Total Debt	397.91	368.31	466.06	488.1	337.23	272.32
Net Cash (Debt)	-382.2	-349.27	-440.2	-470.61	-230.04	-241.84
Net Cash Per Share	-0.51	-0.47	-0.59	-0.63	-0.33	-0.43
Filing Date Shares Outstanding	748	748	748	748	748	748
Total Common Shares Outstanding	748	748	748	748	748	560
Working Capital	-37.53	-72.48	21.06	39.81	89.36	61.91
Book Value Per Share	0.44	0.51	0.61	0.59	0.59	0.30
Tangible Book Value	289.48	338.55	413.69	403.56	402.36	166.78
Tangible Book Value Per Share	0.39	0.45	0.55	0.54	0.54	0.30
Buildings	-	229.54	229.05	97.36	96.92	49.82
Machinery	-	261.51	292.74	189.37	186.83	170.37
Construction In Progress	-	78.04	19.54	221.78	31.96	1

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