Fujian Qingshan Paper Industry Co., Ltd. (SHA:600103)

SHA:600103 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	765.27	653.6	972.6	1,113	404.53	478.1
Trading Asset Securities	1,595	1,737	1,506	1,160	1,560	1,575
Cash & Short-Term Investments	2,360	2,391	2,479	2,273	1,965	2,053
Cash Growth	0.70%	-3.56%	9.06%	15.70%	-4.31%	3.23%
Accounts Receivable	737.43	778	718.04	667.76	680.55	622.58
Other Receivables	25.91	24.36	35.38	23.94	22.97	22.99
Receivables	763.33	802.35	753.43	691.7	703.52	645.57
Inventory	535.71	569.09	530.73	599.13	582	557.87
Prepaid Expenses	-	-	-	0.02	-	-
Other Current Assets	100.97	99.92	51.62	39.32	21.14	31.36
Total Current Assets	3,760	3,862	3,815	3,603	3,271	3,288
Property, Plant & Equipment	1,771	1,807	1,639	1,309	1,416	1,478
Long-Term Investments	92.87	92.4	91.01	89.48	53.37	54.01
Goodwill	7.64	8.02	9.54	11.08	12.63	14.18
Other Intangible Assets	166.15	170.14	172.99	187.9	207.82	221.02
Long-Term Deferred Tax Assets	103.73	103.01	105.3	100.63	96.78	102.67
Long-Term Deferred Charges	19.37	18.98	13.43	9.33	12.9	11.7
Other Long-Term Assets	307.18	307.91	320.81	513.68	319.62	323.7
Total Assets	6,228	6,370	6,167	5,824	5,391	5,493
Accounts Payable	661.12	891.16	755	744.32	524.49	354.8
Accrued Expenses	74.05	73.61	79.64	98.51	57.51	74.96
Short-Term Debt	641.89	641.41	730.52	432.11	333.31	676.66
Current Portion of Long-Term Debt	201.39	215.06	143.35	19.52	159.71	43.16
Current Portion of Leases	-	1.68	1.01	3.12	3.22	-
Current Income Taxes Payable	31.06	2	0.72	19.24	12.59	10.97
Current Unearned Revenue	28.86	43.16	45.95	48.91	75.4	46.64
Other Current Liabilities	157.43	105.25	66.86	61.67	85.74	79.4
Total Current Liabilities	1,796	1,973	1,823	1,427	1,252	1,287
Long-Term Debt	-	-	35	141.56	93.76	188.41
Long-Term Leases	0.9	1.19	0.96	2.12	4.31	-
Long-Term Unearned Revenue	3.88	4.44	5.7	10.85	15.39	28.41
Long-Term Deferred Tax Liabilities	85.22	85.62	82.49	77.87	78.17	79.86
Total Liabilities	1,886	2,065	1,947	1,660	1,444	1,583
Common Stock	2,253	2,253	2,306	2,306	2,306	2,306
Additional Paid-In Capital	729.21	727.54	825.97	825.97	825.97	825.97
Retained Earnings	1,024	993.51	946.16	934.87	727.12	536.83
Treasury Stock	-43.32	-43.32	-200.5	-200.5	-200.5	-36.91
Comprehensive Income & Other	-0.97	-1.16	-1.91	-1.54	-2.07	-1.06
Total Common Equity	3,962	3,930	3,876	3,865	3,656	3,631
Minority Interest	379.88	375.31	344.28	299.43	290.86	278.96
Shareholders' Equity	4,342	4,305	4,220	4,164	3,947	3,910
Total Liabilities & Equity	6,228	6,370	6,167	5,824	5,391	5,493
Total Debt	844.18	859.34	910.85	598.43	594.31	908.23
Net Cash (Debt)	1,516	1,531	1,568	1,675	1,370	1,145
Net Cash Growth	8.03%	-2.34%	-6.35%	22.21%	19.68%	-2.69%
Net Cash Per Share	0.68	0.69	0.71	0.76	0.61	0.50
Filing Date Shares Outstanding	2,208	2,209	2,212	2,212	2,212	2,260
Total Common Shares Outstanding	2,208	2,209	2,212	2,212	2,212	2,287
Working Capital	1,964	1,889	1,992	2,176	2,019	2,001
Book Value Per Share	1.79	1.78	1.75	1.75	1.65	1.59
Tangible Book Value	3,789	3,752	3,693	3,666	3,436	3,395
Tangible Book Value Per Share	1.72	1.70	1.67	1.66	1.55	1.48
Buildings	-	956.78	830.67	817.61	823.38	824.71
Machinery	-	3,525	2,978	2,944	2,926	2,849
Construction In Progress	22.68	28.53	437.24	38.18	32.68	44.03

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