Vanov Holdings Company Limited (HKG:2260)

Vanov Holdings Company 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	50.85	47.52	78.63	85.62	12.61	29.78
Trading Asset Securities	1.07	0.98	0.83	0.98	-	-
Cash & Short-Term Investments	51.91	48.5	79.46	86.6	12.61	29.78
Cash Growth	17.26%	-38.97%	-8.25%	586.83%	-57.65%	4.70%
Accounts Receivable	152.61	207.16	200.8	171.25	147.92	132.74
Other Receivables	7.54	5.48	7.92	8.92	0.91	2.44
Receivables	186.28	212.64	208.72	180.16	148.83	135.17
Inventory	38.19	29.91	19.12	17.33	11.9	10.03
Restricted Cash	42.5	42.5	-	-	-	-
Other Current Assets	3.15	2.58	1.21	1.38	4.65	7.15
Total Current Assets	322.03	336.12	308.52	285.48	177.99	182.13
Property, Plant & Equipment	352.63	356.09	358.05	176.72	92.36	72.69
Other Intangible Assets	47.98	87.65	80.54	39.66	38.89	41.2
Long-Term Deferred Tax Assets	1.38	1.35	0.9	0.76	0.72	1.09
Long-Term Deferred Charges	46.24	-	-	29.36	22.45	9.91
Other Long-Term Assets	79.6	82.14	75.05	135.71	84.35	30.55
Total Assets	849.86	863.35	823.06	667.69	416.76	337.56
Accounts Payable	32	39	26.04	20.77	25.02	19.05
Accrued Expenses	4.9	14.09	11.46	17.88	13.34	10.67
Short-Term Debt	-	5.18	3.69	-	3.82	115
Current Portion of Long-Term Debt	172.26	172.56	112.4	81.88	113.33	-
Current Portion of Leases	1.14	3.39	4.13	3.46	1.34	1.55
Current Income Taxes Payable	11	11.53	13.78	14.56	7.48	6.59
Current Unearned Revenue	1.61	2.77	1.4	0.49	0.51	0.74
Other Current Liabilities	27.22	16.79	18.43	9.89	20.46	17.52
Total Current Liabilities	250.12	265.3	191.32	148.92	185.29	171.12
Long-Term Debt	199.02	190.64	214.32	133.62	14.21	-
Long-Term Leases	-	-	3.39	6.67	-	1.34
Long-Term Deferred Tax Liabilities	8.04	7.69	5.03	5.12	2.28	0.81
Total Liabilities	457.18	463.62	414.05	294.33	201.78	173.27
Common Stock	3.95	3.95	3.95	3.95	0	0
Additional Paid-In Capital	101.42	101.42	101.42	101.42	-	-
Retained Earnings	279.06	286.05	256.44	221.14	168.71	118.57
Treasury Stock	-39.2	-39.2	-	-	-	-
Comprehensive Income & Other	43.84	43.84	43.84	43.84	43.84	43.84
Total Common Equity	389.07	396.07	405.66	370.36	212.55	162.41
Minority Interest	3.61	3.66	3.35	3	2.43	1.88
Shareholders' Equity	392.68	399.73	409.01	373.35	214.98	164.29
Total Liabilities & Equity	849.86	863.35	823.06	667.69	416.76	337.56
Total Debt	372.42	371.76	337.92	225.64	132.69	117.88
Net Cash (Debt)	-320.5	-323.27	-258.46	-139.03	-120.08	-88.11
Net Cash Per Share	-0.70	-0.69	-0.53	-0.29	-0.33	-0.24
Filing Date Shares Outstanding	456.63	456.63	483.44	483.44	365.8	365.8
Total Common Shares Outstanding	456.63	456.63	483.44	483.44	365.8	365.8
Working Capital	71.91	70.82	117.2	136.56	-7.3	11.01
Book Value Per Share	0.85	0.87	0.84	0.77	0.58	0.44
Tangible Book Value	341.1	308.41	325.12	330.7	173.66	121.21
Tangible Book Value Per Share	0.75	0.68	0.67	0.68	0.47	0.33
Buildings	-	52.2	52.2	50.95	37.31	47.26
Machinery	-	372.07	148.29	95.36	93.21	81.82
Construction In Progress	-	49	254.34	114.88	38.97	17.67
Leasehold Improvements	-	3.73	3.12	2.48	1.88	0.98

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