Luzhou Xinglu Water (Group) Co., Ltd. (HKG:2281)

HKG:2281 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	634.03	447.18	390.51	609.76	871.74	1,036
Accounts Receivable	726.97	697.66	564.51	528.13	488.76	347.19
Other Receivables	63.37	71.98	126.2	135.17	148.15	52.1
Inventory	76.04	69.74	74.1	89.48	53.73	89.34
Prepaid Expenses	-	0.3	0.04	0.24	0.04	-
Other Current Assets	150.95	157.41	149.17	126.4	94.17	75.56
Total Current Assets	1,651	1,444	1,305	1,489	1,657	1,600
Property, Plant & Equipment	3,886	3,973	3,908	3,737	3,645	3,644
Goodwill	28.14	28.14	28.14	28.14	28.14	28.14
Other Intangible Assets	1,500	1,512	1,538	1,397	1,388	978.08
Long-Term Investments	0.06	0.06	0.06	55.89	55.3	56.46
Long-Term Deferred Tax Assets	24.41	22.29	16.71	15.02	6.81	4.63
Long-Term Deferred Charges	148.21	161.38	184.42	210.24	238.12	-
Long-Term Accounts Receivable	-	-	0.81	5.92	5.59	-
Other Long-Term Assets	46.69	46.48	74.25	202.93	50.37	357.11
Total Assets	7,285	7,188	7,055	7,141	7,073	6,669
Accounts Payable	390.02	430.25	417.14	376.12	539.84	34.61
Accrued Expenses	49.65	139.91	127.17	117.6	61.89	48.14
Short-Term Debt	241.16	119.37	60.06	160.13	239.28	302.47
Current Portion of Long-Term Debt	659.92	504.33	568.77	200.73	886.28	249.41
Current Unearned Revenue	190.43	173.44	177.21	224.42	194.03	257.95
Current Portion of Leases	-	-	0.84	15.98	41.11	0.73
Current Income Taxes Payable	12.66	8.12	13.74	11.35	12.2	18.25
Other Current Liabilities	273.04	145.81	135.73	166.49	181.5	739.87
Total Current Liabilities	1,817	1,521	1,501	1,273	2,156	1,651
Long-Term Debt	2,103	2,321	2,316	2,735	1,926	2,331
Long-Term Leases	-	-	0	3.33	20.57	0.26
Long-Term Unearned Revenue	171.45	185	212.34	243.13	268.56	188.65
Long-Term Deferred Tax Liabilities	4.72	4.91	5.25	5.58	5.92	6.36
Other Long-Term Liabilities	8.68	7.42	8.1	39.46	34.97	32.84
Total Liabilities	4,105	4,040	4,042	4,300	4,412	4,210
Common Stock	859.71	859.71	859.71	859.71	859.71	859.71
Additional Paid-In Capital	-	418.17	418.17	418.17	418.17	417.23
Retained Earnings	1,677	1,640	1,506	1,339	1,179	1,011
Comprehensive Income & Other	428.56	11.04	14.48	18.98	19.22	19.59
Total Common Equity	2,965	2,929	2,799	2,636	2,476	2,308
Minority Interest	215.42	219.12	214.08	204.89	184.89	150.37
Shareholders' Equity	3,181	3,148	3,013	2,841	2,661	2,458
Total Liabilities & Equity	7,285	7,188	7,055	7,141	7,073	6,669
Total Debt	3,004	2,945	2,945	3,115	3,113	2,884
Net Cash (Debt)	-2,370	-2,498	-2,555	-2,506	-2,242	-1,847
Net Cash Per Share	-2.81	-2.96	-2.92	-2.96	-2.59	-2.17
Filing Date Shares Outstanding	859.71	859.71	859.71	859.71	859.71	859.71
Total Common Shares Outstanding	859.71	859.71	859.71	859.71	859.71	859.71
Working Capital	-165.53	-76.96	-196.14	216.35	-499.54	-51.04
Book Value Per Share	3.45	3.41	3.26	3.07	2.88	2.68
Tangible Book Value	1,437	1,389	1,233	1,211	1,060	1,302
Tangible Book Value Per Share	1.67	1.62	1.43	1.41	1.23	1.51
Buildings	-	2,642	2,046	1,949	1,795	1,474
Machinery	-	1,297	1,248	1,307	1,195	995.12
Construction In Progress	-	235.08	573.72	354.63	318	924.07

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.