China Northern Rare Earth (Group) High-Tech Co.,Ltd (SHA:600111)

SHA:600111 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	6,438	5,644	5,302	4,448	6,493	4,107
Trading Asset Securities	626.14	489.33	384.1	505.12	734	-
Cash & Short-Term Investments	7,064	6,134	5,686	4,953	7,227	4,107
Cash Growth	7.34%	7.87%	14.80%	-31.46%	75.98%	43.96%
Accounts Receivable	10,674	7,988	7,382	6,385	8,339	5,550
Other Receivables	178.11	670.31	351.94	259.45	224.52	428.27
Receivables	10,852	8,658	7,734	6,644	8,563	5,978
Inventory	14,054	15,975	14,826	14,505	10,325	8,963
Other Current Assets	1,254	896.49	710.38	1,063	618.18	236.85
Total Current Assets	33,223	31,664	28,956	27,166	26,733	19,284
Property, Plant & Equipment	9,828	9,134	6,955	5,745	4,494	4,372
Long-Term Investments	1,969	1,962	1,923	1,443	1,488	1,293
Goodwill	31.75	31.75	31.75	31.75	20.81	20.81
Other Intangible Assets	1,029	622.21	568.72	582.81	789.05	817.3
Long-Term Accounts Receivable	0.59	1.11	16.6	30.5	54.5	59.85
Long-Term Deferred Tax Assets	572.72	503.42	522.08	716.22	568.55	516.07
Long-Term Deferred Charges	594.66	617.21	706.01	610.32	306.36	238.64
Other Long-Term Assets	466.13	844.6	817.6	321.29	253.43	281.11
Total Assets	47,715	45,381	40,497	36,646	34,708	26,883
Accounts Payable	3,865	3,010	2,276	2,438	2,345	1,281
Accrued Expenses	95.54	221.37	367.45	725.63	580.29	202.78
Short-Term Debt	1,765	2,179	2,012	1,419	1,580	2,215
Current Portion of Long-Term Debt	2,321	1,088	1,554	2,798	4,058	51
Current Portion of Leases	-	193.19	144.23	76.84	13.94	2.34
Current Income Taxes Payable	253.32	72.75	87.62	103.45	370.87	108.89
Current Unearned Revenue	658.61	280.67	432.35	262.25	321.94	178.11
Other Current Liabilities	3,244	3,836	2,375	1,498	771.56	588.07
Total Current Liabilities	12,203	10,880	9,248	9,320	10,042	4,628
Long-Term Debt	4,327	5,157	3,255	1,814	4,941	7,231
Long-Term Leases	473.88	608.04	483.87	13.46	13.88	-
Long-Term Unearned Revenue	467.78	488.51	481.83	352.51	365.38	326.07
Long-Term Deferred Tax Liabilities	81.45	76.74	86.48	79.9	84.66	68.77
Other Long-Term Liabilities	15.18	14.94	39.72	32.99	37.89	66.76
Total Liabilities	17,568	17,225	13,595	11,613	15,484	12,320
Common Stock	3,615	3,615	3,615	3,615	3,633	3,633
Additional Paid-In Capital	148.51	148.51	145.1	133.44	101.09	939.28
Retained Earnings	19,768	18,354	17,602	15,848	11,572	6,634
Treasury Stock	-	-	-	-	-188.01	-188.01
Comprehensive Income & Other	353.19	314.52	256.78	235.08	230.4	177.06
Total Common Equity	23,885	22,432	21,619	19,831	15,348	11,195
Minority Interest	6,262	5,724	5,282	5,202	3,875	3,368
Shareholders' Equity	30,147	28,155	26,901	25,033	19,224	14,563
Total Liabilities & Equity	47,715	45,381	40,497	36,646	34,708	26,883
Total Debt	8,887	9,225	7,449	6,121	10,606	9,499
Net Cash (Debt)	-1,824	-3,091	-1,763	-1,168	-3,379	-5,393
Net Cash Per Share	-0.50	-0.86	-0.49	-0.32	-0.93	-1.49
Filing Date Shares Outstanding	3,615	3,615	3,615	3,615	3,615	3,615
Total Common Shares Outstanding	3,615	3,615	3,615	3,615	3,615	3,615
Working Capital	21,021	20,783	19,708	17,845	16,691	14,656
Book Value Per Share	6.61	6.21	5.98	5.49	4.25	3.10
Tangible Book Value	22,824	21,778	21,019	19,217	14,538	10,357
Tangible Book Value Per Share	6.31	6.02	5.81	5.32	4.02	2.86
Buildings	-	4,130	3,840	3,426	3,398	3,341
Machinery	-	7,112	5,363	4,358	3,905	3,818
Construction In Progress	-	2,084	1,439	1,300	306.71	268.4

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