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

Kangxin New Materials 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	179.6	178.05	335.85	699.59	320.05
Trading Asset Securities	80.07	-	-	200.54	-
Cash & Short-Term Investments	259.67	178.05	335.85	900.12	320.05
Cash Growth	45.84%	-46.99%	-62.69%	181.24%	18.73%
Accounts Receivable	122.4	101.76	31.06	155.24	300.3
Other Receivables	4.27	6.26	3.98	19.43	5.77
Receivables	126.67	108.02	35.03	174.67	306.07
Inventory	3,777	3,853	3,848	3,773	3,261
Prepaid Expenses	-	-	0.86	2.72	-
Other Current Assets	30.39	28.21	35.19	60.01	125.3
Total Current Assets	4,194	4,168	4,255	4,910	4,013
Property, Plant & Equipment	905.75	1,001	1,083	1,119	1,133
Long-Term Investments	5.21	8	8	3	3
Goodwill	131.78	131.78	146.93	146.93	146.93
Other Intangible Assets	1,520	1,564	1,607	1,657	1,701
Long-Term Deferred Tax Assets	5.48	61.53	69.74	67.86	47.92
Long-Term Deferred Charges	3.81	14.77	31.36	52.99	82.32
Other Long-Term Assets	39.19	47.33	49.32	44.23	13.49
Total Assets	6,804	6,997	7,251	8,001	7,140
Accounts Payable	81.29	38.05	36.57	128.12	214.2
Accrued Expenses	7.44	18.21	20.92	39.43	69.36
Short-Term Debt	262.75	1,327	1,730	2,251	1,843
Current Portion of Long-Term Debt	175.16	46.09	50.82	35.27	-
Current Portion of Leases	-	2.94	5.19	4.3	-
Current Income Taxes Payable	16.84	3.93	1.44	6.71	2.36
Current Unearned Revenue	2.14	3.55	4.76	4.45	12.71
Other Current Liabilities	1,227	168.64	11.25	19.33	268.74
Total Current Liabilities	1,772	1,609	1,861	2,488	2,411
Long-Term Debt	865.51	893.52	542.37	570	542.05
Long-Term Leases	5.37	6.03	8.78	10.93	-
Long-Term Unearned Revenue	39.88	42.82	45.75	48.45	50.41
Long-Term Deferred Tax Liabilities	3.92	4.79	6.1	2.96	3.01
Other Long-Term Liabilities	18.06	-	-	-	134.05
Total Liabilities	2,705	2,556	2,464	3,121	3,140
Common Stock	1,345	1,345	1,345	1,345	1,034
Additional Paid-In Capital	1,057	1,057	1,109	1,058	514.7
Retained Earnings	1,610	1,944	2,241	2,434	2,403
Treasury Stock	-2	-	-	-	-
Comprehensive Income & Other	-1.1	0.95	0.17	-	-
Total Common Equity	4,008	4,346	4,694	4,836	3,952
Minority Interest	90.88	95.07	92.41	44.86	47.77
Shareholders' Equity	4,099	4,441	4,787	4,881	4,000
Total Liabilities & Equity	6,804	6,997	7,251	8,001	7,140
Total Debt	1,309	2,276	2,337	2,871	2,385
Net Cash (Debt)	-1,049	-2,098	-2,002	-1,971	-2,065
Net Cash Per Share	-0.79	-1.55	-1.46	-1.49	-2.00
Filing Date Shares Outstanding	1,155	1,345	1,345	1,345	1,034
Total Common Shares Outstanding	1,155	1,345	1,345	1,345	1,034
Working Capital	2,421	2,559	2,394	2,422	1,602
Book Value Per Share	3.47	3.23	3.49	3.60	3.82
Tangible Book Value	2,357	2,650	2,940	3,032	2,104
Tangible Book Value Per Share	2.04	1.97	2.19	2.26	2.03
Buildings	-	750.79	747.18	753.78	708.14
Machinery	-	842.04	844.46	802.58	773.39
Construction In Progress	-	4.46	8.42	5.33	56.28

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