USPACE Technology Group Limited (USPCY)

USPACE Technology Group 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	28.72	70.23	41.47	91.43	178.9
Short-Term Investments	2.51	2.5	1.63	6.15	7.33
Trading Asset Securities	-	-	-	-	0.4
Cash & Short-Term Investments	31.23	72.73	43.1	97.59	186.63
Cash Growth	-57.06%	68.75%	-55.84%	-47.71%	50.73%
Accounts Receivable	91.27	159.23	127.45	143.78	112.12
Other Receivables	31.49	32.54	34.38	22.03	5.94
Receivables	122.76	191.77	161.83	165.81	118.06
Inventory	31.19	106.71	129.2	161.93	80.53
Prepaid Expenses	43.35	15.89	18.46	44.61	-
Other Current Assets	130.97	10	198.34	27.5	50.24
Total Current Assets	359.49	397.09	550.93	497.44	435.46
Property, Plant & Equipment	430.33	693.94	634.11	428.17	121.78
Long-Term Investments	-	0.92	1.17	-	-
Other Intangible Assets	4.14	4.97	5.51	0.79	1.28
Long-Term Deferred Tax Assets	2.85	3.78	3.16	0.23	1.39
Other Long-Term Assets	48.35	54.18	32.47	14.69	15.85
Total Assets	845.17	1,155	1,227	941.31	575.76
Accounts Payable	61.76	85.15	103.5	176.12	196.41
Accrued Expenses	50.11	45.94	51.09	38.95	18.49
Short-Term Debt	143.86	275.95	141.23	-	-
Current Portion of Long-Term Debt	60.83	195.93	81.84	139.17	5.8
Current Portion of Leases	70.83	36.65	34.33	8.18	5.86
Current Income Taxes Payable	6.91	8.45	7.84	8.79	6.47
Current Unearned Revenue	20.47	18.49	19.63	45.13	33.25
Other Current Liabilities	106.42	69.86	183.12	25.52	27.17
Total Current Liabilities	521.18	736.42	622.59	441.84	293.44
Long-Term Debt	62.21	51.04	167.61	63.45	20.94
Long-Term Leases	95.23	131.98	166.55	33.14	0.11
Long-Term Unearned Revenue	6.5	9	12.22	10.02	10.98
Long-Term Deferred Tax Liabilities	0.82	0.8	4.09	1.32	-
Other Long-Term Liabilities	23.02	22.27	8.4	-	-
Total Liabilities	708.95	951.51	981.47	549.77	325.47
Common Stock	4.49	2.75	2.69	2.69	2.62
Additional Paid-In Capital	533.38	326.33	304.49	304.49	110.87
Retained Earnings	-491.42	-293.42	-82.28	72.01	125.09
Comprehensive Income & Other	128.41	138.67	20.98	12.35	11.72
Total Common Equity	174.85	174.33	245.88	391.54	250.29
Minority Interest	-38.63	29.05	-0	-	-
Shareholders' Equity	136.22	203.38	245.88	391.54	250.29
Total Liabilities & Equity	845.17	1,155	1,227	941.31	575.76
Total Debt	432.94	691.55	591.56	243.93	32.7
Net Cash (Debt)	-401.72	-618.82	-548.46	-146.34	153.93
Net Cash Growth	-	-	-	-	59.09%
Net Cash Per Share	-1.05	-2.00	-1.77	-0.49	0.51
Filing Date Shares Outstanding	504.07	315.38	309	309	300
Total Common Shares Outstanding	504.07	315.38	309	309	300
Working Capital	-161.69	-339.33	-71.67	55.6	142.02
Book Value Per Share	0.35	0.55	0.80	1.27	0.83
Tangible Book Value	170.7	169.36	240.37	390.76	249.01
Tangible Book Value Per Share	0.34	0.54	0.78	1.26	0.83
Buildings	11.45	90.96	96.99	6.02	6.02
Machinery	167.81	89.78	115.1	104.83	87.03
Construction In Progress	86.28	369.75	228.85	276.48	46.84
Leasehold Improvements	106.04	38.11	36.04	0.8	-

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