Dowway Holdings Limited (HKG:8403)

Dowway Holdings 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	6.21	12.44	4.25	6.61	15.31
Short-Term Investments	-	-	-	3.2	3.2
Cash & Short-Term Investments	6.21	12.44	4.25	9.82	18.51
Cash Growth	-50.07%	192.61%	-56.69%	-46.98%	-32.27%
Accounts Receivable	103.23	74.53	113.09	102.53	92.78
Receivables	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	-	-	-
Other Current Assets	15.24	14.7	8.58	23.29	8.36
Total Current Assets	129.51	105.35	129.2	137.2	121.41
Property, Plant & Equipment	1.61	3.24	7.33	11.11	4.33
Other Long-Term Assets	-	0.34	0.55	0.55	-
Total Assets	131.12	108.93	137.07	148.86	125.74
Accounts Payable	73.69	64.25	77.19	57.2	49.58
Accrued Expenses	12.42	9.68	10.95	5.65	2.55
Short-Term Debt	-	-	10	9	9
Current Portion of Long-Term Debt	26.56	17.98	-	-	-
Current Portion of Leases	1.33	1.19	2.03	2.79	0.81
Current Income Taxes Payable	3.83	3.8	3.8	3.82	3.82
Current Unearned Revenue	2.1	4.84	4.63	12.77	2.3
Other Current Liabilities	5.16	1.66	1.88	1.16	0.37
Total Current Liabilities	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	0.62	1.62	-	-
Total Liabilities	127.43	105.35	116.58	98.9	69.32
Common Stock	1.63	1.53	1.53	1.28	1.28
Additional Paid-In Capital	91.15	84.81	84.81	76.15	76.15
Retained Earnings	-88.52	-82.77	-65.85	-30.26	-22.61
Comprehensive Income & Other	-	-	-	2.79	1.6
Total Common Equity	4.27	3.58	20.49	49.96	56.42
Minority Interest	-0.58	-	-	-	-
Shareholders' Equity	3.69	3.58	20.49	49.96	56.42
Total Liabilities & Equity	131.12	108.93	137.07	148.86	125.74
Total Debt	29.9	20.5	16.51	18.3	10.7
Net Cash (Debt)	-23.68	-8.06	-12.25	-8.48	7.81
Net Cash Growth	-	-	-	-	-63.02%
Net Cash Per Share	-0.19	-0.07	-0.11	-0.08	0.08
Filing Date Shares Outstanding	127	120	120	100	100
Total Common Shares Outstanding	127	120	120	100	100
Working Capital	4.42	1.95	18.72	44.81	52.99
Book Value Per Share	0.03	0.03	0.17	0.50	0.56
Tangible Book Value	4.27	3.58	20.49	49.96	56.42
Tangible Book Value Per Share	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.