Kexin Development Co.,Ltd,Shanxi (SHA:600234)

SHA:600234 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	38.18	61.11	72.11	116.33	100.1	119.36
Cash & Short-Term Investments	46.18	61.11	72.11	116.33	100.1	119.36
Cash Growth	-25.06%	-15.25%	-38.01%	16.22%	-16.14%	79.09%
Accounts Receivable	333.52	330.78	130.9	241.83	435.67	411.4
Other Receivables	11.16	17.36	3.56	11.91	7.72	5.74
Receivables	344.68	348.14	134.46	253.74	443.39	417.13
Inventory	0.13	0.17	-	-	0.08	0.02
Other Current Assets	23.01	21.87	25.18	30.61	35.24	49.25
Total Current Assets	413.99	431.29	231.75	400.68	578.81	585.76
Property, Plant & Equipment	6.7	6.48	7.05	4.82	8.76	2.84
Long-Term Investments	-	0.82	1.48	4.2	7.15	8.9
Other Intangible Assets	1.57	1.82	0.23	0.26	0.29	0.33
Long-Term Deferred Tax Assets	1.55	1.58	1.27	0.63	4.64	3.95
Long-Term Deferred Charges	1.17	1.42	2.04	1.6	1.71	1.81
Other Long-Term Assets	428.33	427.51	422.57	435.87	448.1	448.57
Total Assets	853.31	870.92	666.39	848.05	1,049	1,052
Accounts Payable	177.56	216.04	91.06	103.05	269.69	357.68
Accrued Expenses	1.86	19.08	7.71	12.41	12.42	59.18
Short-Term Debt	7.99	4.72	4.07	0.77	0.77	321.29
Current Portion of Leases	1.05	2.32	2.09	2.58	3.42	-
Current Income Taxes Payable	13.01	2.93	-	1.99	3.03	13.35
Current Unearned Revenue	14.4	24.99	5.49	1.12	7.35	12.46
Other Current Liabilities	19.72	16.12	13.89	13.83	14.1	40.74
Total Current Liabilities	235.58	286.21	124.32	135.75	310.78	804.69
Long-Term Leases	4.46	3.09	3.24	-	2.92	-
Long-Term Unearned Revenue	0.12	0.14	0.16	0.19	0.21	-
Long-Term Deferred Tax Liabilities	93.59	93.36	92.22	94.9	97.33	97.45
Other Long-Term Liabilities	-	0	-	0.05	-	-
Total Liabilities	333.74	382.79	219.94	230.88	411.24	902.14
Common Stock	262.52	262.52	262.52	262.52	262.52	202.45
Additional Paid-In Capital	743.7	743.7	743.7	743.7	742.78	330.24
Retained Earnings	-506.21	-537.3	-577.28	-406.63	-387.13	-402.9
Total Common Equity	500.01	468.92	428.94	599.59	618.17	129.79
Minority Interest	19.56	19.21	17.51	17.59	20.06	20.24
Shareholders' Equity	519.56	488.13	446.45	617.18	638.23	150.02
Total Liabilities & Equity	853.31	870.92	666.39	848.05	1,049	1,052
Total Debt	13.5	10.13	9.41	3.35	7.11	321.29
Net Cash (Debt)	32.68	50.98	62.7	112.98	92.99	-201.93
Net Cash Growth	-40.82%	-18.70%	-44.50%	21.50%	-	-
Net Cash Per Share	0.12	0.19	0.24	0.43	0.41	-1.01
Filing Date Shares Outstanding	262.52	262.52	262.52	262.52	262.52	202.45
Total Common Shares Outstanding	262.52	262.52	262.52	262.52	262.52	202.45
Working Capital	178.42	145.09	107.43	264.93	268.03	-218.93
Book Value Per Share	1.90	1.79	1.63	2.28	2.35	0.64
Tangible Book Value	498.44	467.09	428.71	599.33	617.88	129.46
Tangible Book Value Per Share	1.90	1.78	1.63	2.28	2.35	0.64
Buildings	-	2.67	2.67	2.67	2.67	2.67
Machinery	-	8.19	9.03	9	9.24	8.47
Order Backlog	-	457.65	-	-	-	-

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