Dowway Holdings Limited (HKG:8403)

Dowway Holdings 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	15.38	6.21	12.44	4.25	6.61	15.31
Short-Term Investments	0.35	-	-	-	3.2	3.2
Cash & Short-Term Investments	15.73	6.21	12.44	4.25	9.82	18.51
Cash Growth	21.47%	-50.07%	192.61%	-56.69%	-46.98%	-32.27%
Accounts Receivable	80.45	103.23	74.53	113.09	102.53	92.78
Receivables	81.9	103.82	75	113.78	102.79	93.57
Inventory	-	3.23	2.21	2.59	1.31	0.86
Prepaid Expenses	-	-	-	-	-	0.1
Restricted Cash	1	1	1	-	-	-
Other Current Assets	18.12	15.24	14.7	8.58	23.29	8.36
Total Current Assets	116.75	129.51	105.35	129.2	137.2	121.41
Property, Plant & Equipment	1.04	1.61	3.24	7.33	11.11	4.33
Other Long-Term Assets	-	-	0.34	0.55	0.55	-
Total Assets	125.78	131.12	108.93	137.07	148.86	125.74
Accounts Payable	53.69	73.69	64.25	77.19	57.2	49.58
Accrued Expenses	11.65	12.42	9.68	10.95	5.65	2.55
Short-Term Debt	34.16	17.31	17.98	10	9	9
Current Portion of Long-Term Debt	-	9.25	-	-	-	-
Current Portion of Leases	0.68	1.33	1.19	2.03	2.79	0.81
Current Income Taxes Payable	2.56	3.83	3.8	3.8	3.82	3.82
Current Unearned Revenue	5.49	2.1	4.84	4.63	12.77	2.3
Other Current Liabilities	5.27	5.16	1.66	1.88	1.16	0.37
Total Current Liabilities	113.51	125.09	103.4	110.48	92.39	68.42
Long-Term Debt	-	2	-	-	-	-
Long-Term Leases	-	-	1.33	4.47	6.51	0.89
Long-Term Deferred Tax Liabilities	0.34	0.34	0.62	1.62	-	-
Total Liabilities	113.84	127.43	105.35	116.58	98.9	69.32
Common Stock	1.94	1.63	1.53	1.53	1.28	1.28
Additional Paid-In Capital	111.87	91.15	84.81	84.81	76.15	76.15
Retained Earnings	-100.54	-88.52	-82.77	-65.85	-30.26	-22.61
Comprehensive Income & Other	-	-	-	-	2.79	1.6
Total Common Equity	13.27	4.27	3.58	20.49	49.96	56.42
Minority Interest	-1.33	-0.58	-	-	-	-
Shareholders' Equity	11.94	3.69	3.58	20.49	49.96	56.42
Total Liabilities & Equity	125.78	131.12	108.93	137.07	148.86	125.74
Total Debt	34.84	29.9	20.5	16.51	18.3	10.7
Net Cash (Debt)	-19.11	-23.68	-8.06	-12.25	-8.48	7.81
Net Cash Growth	-	-	-	-	-	-63.02%
Net Cash Per Share	-0.14	-0.19	-0.07	-0.11	-0.08	0.08
Filing Date Shares Outstanding	148	127	120	120	100	100
Total Common Shares Outstanding	148	127	120	120	100	100
Working Capital	3.24	4.42	1.95	18.72	44.81	52.99
Book Value Per Share	0.09	0.03	0.03	0.17	0.50	0.56
Tangible Book Value	5.28	4.27	3.58	20.49	49.96	56.42
Tangible Book Value Per Share	0.04	0.03	0.03	0.17	0.50	0.56
Machinery	-	6.63	7.47	7.75	7.74	7.47

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