Kangxin New Materials Co., Ltd (SHA:600076)

Kangxin New Materials 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	377.65	179.6	178.05	335.85	699.59	320.05
Trading Asset Securities	120	80.07	-	-	200.54	-
Cash & Short-Term Investments	497.65	259.67	178.05	335.85	900.12	320.05
Cash Growth	138.78%	45.84%	-46.99%	-62.69%	181.24%	18.73%
Accounts Receivable	151.24	122.4	101.76	31.06	155.24	300.3
Other Receivables	8.87	4.27	6.26	3.98	19.43	5.77
Receivables	160.11	126.67	108.02	35.03	174.67	306.07
Inventory	3,782	3,777	3,853	3,848	3,773	3,261
Prepaid Expenses	-	-	-	0.86	2.72	-
Other Current Assets	24.93	30.39	28.21	35.19	60.01	125.3
Total Current Assets	4,465	4,194	4,168	4,255	4,910	4,013
Property, Plant & Equipment	865.39	905.75	1,001	1,083	1,119	1,133
Long-Term Investments	5.21	5.21	8	8	3	3
Goodwill	131.78	131.78	131.78	146.93	146.93	146.93
Other Intangible Assets	1,497	1,520	1,564	1,607	1,657	1,701
Long-Term Deferred Tax Assets	5.36	5.48	61.53	69.74	67.86	47.92
Long-Term Deferred Charges	1.32	3.81	14.77	31.36	52.99	82.32
Other Long-Term Assets	38.26	39.19	47.33	49.32	44.23	13.49
Total Assets	7,009	6,804	6,997	7,251	8,001	7,140
Accounts Payable	111.77	80.5	38.05	36.57	128.12	214.2
Accrued Expenses	17.33	19.72	22.27	20.92	39.43	69.36
Short-Term Debt	1,399	1,488	1,327	1,730	2,251	1,843
Current Portion of Long-Term Debt	287.49	69.86	46.09	50.82	35.27	-
Current Portion of Leases	0.49	0.45	2.94	5.19	4.3	-
Current Income Taxes Payable	1.44	2.48	3.93	1.44	6.71	2.36
Current Unearned Revenue	2.09	2.14	3.55	4.76	4.45	12.71
Other Current Liabilities	222.18	109.33	164.58	11.25	19.33	268.74
Total Current Liabilities	2,042	1,772	1,609	1,861	2,488	2,411
Long-Term Debt	962.87	883.58	893.52	542.37	570	542.05
Long-Term Leases	4.86	5.37	6.03	8.78	10.93	-
Long-Term Unearned Revenue	38.41	39.88	42.82	45.75	48.45	50.41
Long-Term Deferred Tax Liabilities	3.73	3.92	4.79	6.1	2.96	3.01
Other Long-Term Liabilities	2.5	-	-	-	-	134.05
Total Liabilities	3,054	2,705	2,556	2,464	3,121	3,140
Common Stock	1,345	1,345	1,345	1,345	1,345	1,034
Additional Paid-In Capital	1,057	1,057	1,057	1,109	1,058	514.7
Retained Earnings	1,476	1,610	1,944	2,241	2,434	2,403
Treasury Stock	-10.05	-2	-	-	-	-
Comprehensive Income & Other	-0.96	-1.1	0.95	0.17	-	-
Total Common Equity	3,866	4,008	4,346	4,694	4,836	3,952
Minority Interest	88.8	90.88	95.07	92.41	44.86	47.77
Shareholders' Equity	3,955	4,099	4,441	4,787	4,881	4,000
Total Liabilities & Equity	7,009	6,804	6,997	7,251	8,001	7,140
Total Debt	2,655	2,447	2,276	2,337	2,871	2,385
Net Cash (Debt)	-2,157	-2,188	-2,098	-2,002	-1,971	-2,065
Net Cash Per Share	-1.69	-1.64	-1.55	-1.46	-1.49	-2.00
Filing Date Shares Outstanding	1,343	1,343	1,345	1,345	1,345	1,034
Total Common Shares Outstanding	1,343	1,343	1,345	1,345	1,345	1,034
Working Capital	2,423	2,421	2,559	2,394	2,422	1,602
Book Value Per Share	2.88	2.98	3.23	3.49	3.60	3.82
Tangible Book Value	2,237	2,357	2,650	2,940	3,032	2,104
Tangible Book Value Per Share	1.67	1.75	1.97	2.19	2.26	2.03
Buildings	750.8	750.52	750.79	747.18	753.78	708.14
Machinery	838.74	838.09	842.04	844.46	802.58	773.39
Construction In Progress	1.01	0.93	4.46	8.42	5.33	56.28

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