Beijing Xunzhong Communication Technology Co., Ltd. (HKG:2597)

HKG:2597 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	7.29	76.7	48.78	45.78	46.16
Short-Term Investments	6.5	6.3	7.37	-	-
Cash & Short-Term Investments	13.78	83	56.15	45.78	46.16
Cash Growth	-83.39%	47.80%	22.66%	-0.81%	-50.13%
Accounts Receivable	880.95	608.61	551.67	410.44	360.66
Other Receivables	54.84	0.69	0.71	4.3	3.42
Receivables	935.79	609.3	552.38	414.74	364.08
Inventory	1.93	3.07	3.09	11.93	0.57
Prepaid Expenses	488.18	450.13	343.29	-	-
Other Current Assets	18.46	28.44	14.73	278.01	198.28
Total Current Assets	1,458	1,174	969.64	750.46	609.08
Property, Plant & Equipment	11.87	16.8	8.05	13.75	3.81
Long-Term Investments	-	1.7	2.49	3.47	12.3
Goodwill	-	3.89	5.12	5.12	5.91
Long-Term Accounts Receivable	0.19	0.21	0.22	-	-
Long-Term Deferred Tax Assets	13.85	8.03	6.76	5.57	3.24
Long-Term Deferred Charges	-	-	-	5.51	8.99
Total Assets	1,484	1,205	992.28	783.89	643.34
Accounts Payable	202.13	84.69	92.2	0	-
Accrued Expenses	19.08	12.44	9.42	98.93	60.76
Short-Term Debt	-	28.57	-	102.47	94.47
Current Portion of Long-Term Debt	290.3	214.07	139.2	-	-
Current Portion of Leases	5.72	5.39	1.34	9.2	-
Current Income Taxes Payable	5.46	1.4	7.11	5.7	4.44
Current Unearned Revenue	51.23	53.21	23.46	19.28	13.11
Other Current Liabilities	56.81	1.74	5.03	4.09	1.65
Total Current Liabilities	630.73	401.51	277.75	239.67	174.43
Long-Term Debt	10	5.01	-	-	-
Long-Term Leases	3.46	8.3	0.01	0.13	-
Long-Term Unearned Revenue	-	-	-	0.94	1.61
Long-Term Deferred Tax Liabilities	0.01	-	0.08	1.84	-
Total Liabilities	644.19	414.82	277.83	242.58	176.04
Common Stock	91.31	91.31	91.31	84.69	84.69
Additional Paid-In Capital	258.91	258.91	258.91	166.48	166.48
Retained Earnings	494.97	441.43	363.81	287.83	212.73
Comprehensive Income & Other	-4.25	-3.42	-2.13	-1.57	-
Total Common Equity	840.94	788.23	711.89	537.44	463.91
Minority Interest	-1.09	1.52	2.55	3.87	3.39
Shareholders' Equity	839.86	789.74	714.45	541.3	467.3
Total Liabilities & Equity	1,484	1,205	992.28	783.89	643.34
Total Debt	309.48	261.35	140.54	111.79	94.47
Net Cash (Debt)	-295.7	-178.35	-84.39	-66.01	-48.32
Net Cash Per Share	-3.24	-1.95	-0.94	-0.78	-0.57
Filing Date Shares Outstanding	121.75	91.31	91.31	84.69	84.69
Total Common Shares Outstanding	91.31	91.31	91.31	84.69	84.69
Working Capital	827.41	772.42	691.9	510.79	434.65
Book Value Per Share	9.21	8.63	7.80	6.35	5.48
Tangible Book Value	840.94	784.33	706.77	532.32	458
Tangible Book Value Per Share	9.21	8.59	7.74	6.29	5.41
Machinery	23.51	23.35	23.39	21.72	21.42
Leasehold Improvements	15.48	14.04	12.79	-	-

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