Minfeng Special Paper Co.,Ltd. (SHA:600235)

Minfeng Special Paper 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	118.18	177.34	195.41	189.69	131.32	151.01
Cash & Short-Term Investments	118.18	177.34	195.41	189.69	131.32	151.01
Cash Growth	-37.39%	-9.24%	3.01%	44.46%	-13.04%	20.34%
Accounts Receivable	328.94	386.37	425.48	399.42	411.94	395.66
Other Receivables	9.52	8.93	9.74	8.66	6.45	9.78
Receivables	338.45	395.3	435.22	408.07	418.4	405.44
Inventory	374.58	358.21	412.79	332.04	373.34	383.78
Other Current Assets	93.21	49.54	48.82	42.74	86.2	81.2
Total Current Assets	924.42	980.39	1,092	972.55	1,009	1,021
Property, Plant & Equipment	1,925	1,866	1,004	998.98	1,027	990.02
Long-Term Investments	104.08	104.08	104.27	103.82	103.99	105.14
Other Intangible Assets	77.86	77.95	79.81	52.77	54.05	55.34
Long-Term Deferred Charges	-	0.82	1.65	1.64	2.19	-
Other Long-Term Assets	21.89	55	147.8	21.1	20.46	9.69
Total Assets	3,054	3,084	2,429	2,151	2,217	2,182
Accounts Payable	237.46	279.44	91.67	94.51	82.49	67.04
Accrued Expenses	5.57	21.41	28.37	19.85	37.74	62.58
Short-Term Debt	673.61	664.95	757.29	579.11	638.69	681.98
Current Portion of Long-Term Debt	147.25	147.25	0.5	-	-	-
Current Income Taxes Payable	5.91	1.93	-	-	2.84	-
Current Unearned Revenue	3.1	7.55	7.82	6.1	9.26	5.83
Other Current Liabilities	27.43	26.15	18.56	22.03	18.02	15.48
Total Current Liabilities	1,100	1,149	904.2	721.6	789.04	832.91
Long-Term Debt	433.18	420.32	67.98	-	-	-
Other Long-Term Liabilities	14.38	14.38	7.48	22.82	30.18	4.38
Total Liabilities	1,548	1,583	979.66	744.42	819.22	837.29
Common Stock	351.3	351.3	351.3	351.3	351.3	351.3
Additional Paid-In Capital	830.31	830.31	830.31	830.31	830.31	830.31
Retained Earnings	324.06	318.96	268.03	224.82	216.44	163.4
Comprehensive Income & Other	-	-	-	-	-0.7	-0.69
Total Common Equity	1,506	1,501	1,450	1,406	1,397	1,344
Shareholders' Equity	1,506	1,501	1,450	1,406	1,397	1,344
Total Liabilities & Equity	3,054	3,084	2,429	2,151	2,217	2,182
Total Debt	1,254	1,233	825.77	579.11	638.69	681.98
Net Cash (Debt)	-1,136	-1,055	-630.36	-389.41	-507.38	-530.97
Net Cash Per Share	-3.18	-2.93	-1.75	-1.01	-1.48	-1.53
Filing Date Shares Outstanding	351.3	351.3	351.3	351.3	351.3	351.3
Total Common Shares Outstanding	351.3	351.3	351.3	351.3	351.3	351.3
Working Capital	-175.89	-168.29	188.03	250.95	220.21	188.52
Book Value Per Share	4.29	4.27	4.13	4.00	3.98	3.83
Tangible Book Value	1,428	1,423	1,370	1,354	1,343	1,289
Tangible Book Value Per Share	4.06	4.05	3.90	3.85	3.82	3.67
Buildings	-	633.67	636.49	634.96	603.12	551.55
Machinery	-	2,208	2,201	2,186	2,101	2,092
Construction In Progress	-	982.26	57.61	1.16	76.09	33.51

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.