Reach New Holdings Limited (HKG:8471)

Reach New 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	28.22	21.06	19.73	34.81	29.31	31.37
Trading Asset Securities	-	-	-	-	4.9	-
Cash & Short-Term Investments	28.22	21.06	19.73	34.81	34.21	31.37
Cash Growth	78.16%	6.78%	-43.34%	1.76%	9.06%	-24.27%
Accounts Receivable	22.34	17.71	12.8	10.79	14.82	14.64
Other Receivables	3.41	2.75	4.73	3.16	1.28	3.62
Receivables	25.75	20.45	17.53	13.95	16.09	18.25
Inventory	2.63	2.92	2.18	4.09	3.61	3.4
Prepaid Expenses	-	5.04	1.03	-	-	-
Other Current Assets	8.06	-	-	0.87	1.57	3.17
Total Current Assets	64.65	49.47	40.46	53.72	55.48	56.19
Property, Plant & Equipment	3	2.28	-	9.35	14.02	16.37
Other Intangible Assets	-	-	-	0.85	0.89	1.04
Total Assets	67.66	51.75	40.46	63.91	70.39	73.6
Accounts Payable	10.22	8.27	4.05	6.54	4.88	5.25
Accrued Expenses	2.68	2.35	2.99	2.37	2	0.76
Current Portion of Long-Term Debt	0.24	0.24	-	-	-	-
Current Portion of Leases	0.31	0.34	0.48	-	2.88	3
Current Income Taxes Payable	1.26	1.17	1.1	0.87	0.78	0.67
Current Unearned Revenue	0.93	0.54	1.38	0.05	-	-
Other Current Liabilities	2.67	2.53	1.78	3.89	2.9	2.89
Total Current Liabilities	18.3	15.45	11.79	13.72	13.44	12.58
Long-Term Debt	1.02	1.14	-	-	-	-
Long-Term Leases	0.25	0.31	0.25	-	-	2.65
Long-Term Deferred Tax Liabilities	0.06	0.06	0.06	0.06	0.06	0.06
Total Liabilities	19.63	16.95	12.09	13.77	13.5	15.28
Common Stock	10.74	8.88	7.32	7.32	7.32	7.32
Additional Paid-In Capital	68.14	51.75	41.49	41.49	41.49	41.49
Retained Earnings	-48.14	-42.84	-34.58	-12.95	-6.21	-4.8
Comprehensive Income & Other	17.2	17.02	14.15	14.15	14.15	14.15
Total Common Equity	47.94	34.8	28.37	50.01	56.75	58.16
Minority Interest	0.09	-	-	0.13	0.14	0.17
Shareholders' Equity	48.03	34.8	28.37	50.14	56.89	58.33
Total Liabilities & Equity	67.66	51.75	40.46	63.91	70.39	73.6
Total Debt	1.82	2.03	0.73	-	2.88	5.65
Net Cash (Debt)	26.4	19.03	19	34.81	31.33	25.72
Net Cash Growth	122.78%	0.17%	-45.42%	11.13%	21.81%	-37.91%
Net Cash Per Share	0.03	0.02	0.02	0.04	0.04	0.03
Filing Date Shares Outstanding	1,226	1,020	950	850	850	850
Total Common Shares Outstanding	1,226	1,020	850	850	850	850
Working Capital	46.35	34.02	28.67	40	42.04	43.62
Book Value Per Share	0.04	0.03	0.03	0.06	0.07	0.07
Tangible Book Value	47.94	34.8	28.37	49.16	55.86	57.11
Tangible Book Value Per Share	0.04	0.03	0.03	0.06	0.07	0.07
Machinery	-	39.77	-	38.81	38.75	36.03
Leasehold Improvements	-	13.72	-	12.54	12.54	12.54

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