Zhixin Group Holding Limited (HKG:2187)

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