Shanghai Fudan Forward S&T Co., Ltd (SHA:600624)

SHA:600624 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	208.91	92.75	305.48	309.18	309.77	306.81
Cash & Short-Term Investments	208.91	92.75	305.48	309.18	309.77	306.81
Cash Growth	79.45%	-69.64%	-1.20%	-0.19%	0.96%	3.47%
Accounts Receivable	72.25	82.61	80.79	90.12	101.58	94.45
Other Receivables	15.24	11.35	9.36	28.56	28.32	36.84
Receivables	87.49	93.96	90.15	118.68	129.9	131.29
Inventory	508.37	510.3	609.03	655.75	664.83	784.14
Prepaid Expenses	-	-	-	-	-	7.76
Other Current Assets	29.32	35.57	32.23	10.53	15.85	20.39
Total Current Assets	834.08	732.58	1,037	1,094	1,120	1,250
Property, Plant & Equipment	402.21	419.44	429.01	470.98	495.76	462.53
Long-Term Investments	17.84	30.71	38.26	33.34	34.9	146.06
Goodwill	-	1.58	1.68	1.78	1.88	2.44
Other Intangible Assets	68.92	70.6	68.97	71.71	74.64	68.81
Long-Term Deferred Tax Assets	24.66	23.18	19.45	18.89	5.47	3.87
Long-Term Deferred Charges	18.5	14.51	7.61	1.04	1.36	9.58
Other Long-Term Assets	140.71	131.53	167.6	175.51	181.86	147.52
Total Assets	1,507	1,424	1,769	1,867	1,916	2,091
Accounts Payable	40.06	54.75	73.25	59.78	43.12	31.96
Accrued Expenses	5.85	17.19	14.16	18.39	27.52	25.29
Short-Term Debt	439.48	314.62	380	359	444	413
Current Portion of Long-Term Debt	-	4.7	99	4	-	-
Current Portion of Leases	-	10.14	11.96	11.35	10.72	-
Current Income Taxes Payable	19.14	9.14	17.72	11.4	9.9	5.31
Current Unearned Revenue	2.58	6.93	5.08	7.32	61.47	61.47
Other Current Liabilities	184.98	176.18	183.76	193.22	128.31	288.44
Total Current Liabilities	692.08	593.64	784.94	664.46	725.05	825.46
Long-Term Debt	-	-	4.7	110.7	9.8	-
Long-Term Leases	9.73	15.89	21	31	40.41	-
Long-Term Unearned Revenue	67.97	69.54	72.77	77.12	80.17	84.03
Long-Term Deferred Tax Liabilities	3.05	3.19	4.33	6.67	0.05	0.05
Other Long-Term Liabilities	61.32	53.13	53.14	51.8	50	50
Total Liabilities	834.16	746.57	951.79	952.38	916.85	971.22
Common Stock	679.35	684.71	684.71	684.71	684.71	684.71
Additional Paid-In Capital	142.34	171.9	171.9	171.72	171.72	171.72
Retained Earnings	-151.45	-144.33	-11.12	10.74	93.06	198.48
Treasury Stock	-	-35.02	-35.02	-35.02	-8.42	-
Comprehensive Income & Other	-34.37	-39.81	-33.49	-28.46	-24.74	-13.25
Total Common Equity	635.87	637.45	776.98	803.69	916.33	1,042
Minority Interest	36.89	40.12	40.7	111.33	83.05	78.33
Shareholders' Equity	672.76	677.57	817.68	915.01	999.37	1,120
Total Liabilities & Equity	1,507	1,424	1,769	1,867	1,916	2,091
Total Debt	449.21	345.35	516.66	516.05	504.94	413
Net Cash (Debt)	-240.3	-252.6	-211.18	-206.87	-195.17	-106.19
Net Cash Per Share	-0.35	-0.37	-0.31	-0.30	-0.29	-0.16
Filing Date Shares Outstanding	746.13	679.35	679.35	679.35	679.35	684.71
Total Common Shares Outstanding	746.13	679.35	679.35	679.35	683.51	684.71
Working Capital	142	138.95	251.96	429.68	395.3	424.94
Book Value Per Share	0.85	0.94	1.14	1.18	1.34	1.52
Tangible Book Value	566.95	565.27	706.33	730.19	839.81	970.4
Tangible Book Value Per Share	0.76	0.83	1.04	1.07	1.23	1.42
Buildings	-	390.74	350.13	364.22	374.42	365.93
Machinery	-	276.26	275.21	273.45	125.23	122.08
Construction In Progress	-	-	0.64	-	128.44	142.35

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.