Quzhou DFP New Material Group Co., Ltd. (SHA:601515)

SHA:601515 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	2,239	1,982	2,277	1,921	2,396	1,141
Trading Asset Securities	9.92	22.86	-	-	-	-
Cash & Short-Term Investments	2,249	2,005	2,277	1,921	2,396	1,141
Cash Growth	16.79%	-11.95%	18.52%	-19.81%	109.96%	12.11%
Accounts Receivable	563.24	599.72	720.24	965.73	889.87	866.14
Other Receivables	26.33	107.59	236.41	108.4	75.84	16.49
Receivables	589.58	707.31	956.66	1,074	965.7	882.62
Inventory	317.03	300.12	333.7	757.13	866.55	809.15
Prepaid Expenses	-	0.05	0.86	-	-	-
Other Current Assets	122.14	112.49	90.53	88.95	44	78.2
Total Current Assets	3,278	3,125	3,659	3,842	4,272	2,911
Property, Plant & Equipment	1,800	1,754	1,476	1,667	1,434	1,501
Long-Term Investments	639.26	1,025	1,273	1,439	1,459	1,110
Goodwill	242.43	242.43	382.87	456.52	360.85	351.56
Other Intangible Assets	271.57	278.13	313.94	461	456.4	477.69
Long-Term Deferred Tax Assets	127.26	130.5	181.48	53.66	17.03	36.25
Long-Term Deferred Charges	89.62	101.47	43.72	48.09	5.44	13.3
Other Long-Term Assets	90.78	91.81	77.49	195.96	33.97	16.53
Total Assets	6,539	6,749	7,407	8,163	8,038	6,417
Accounts Payable	409.52	326.58	415.77	1,172	1,033	1,035
Accrued Expenses	25.72	38.93	48.86	141.39	108.32	125.23
Short-Term Debt	127.8	85.02	61.06	46.77	28.84	116.25
Current Portion of Long-Term Debt	200.45	191.4	0.1	30.14	-	-
Current Portion of Leases	-	8.42	5.33	10.22	5.93	-
Current Income Taxes Payable	45.04	7.41	4.53	19.64	13.31	10
Current Unearned Revenue	4.48	4.73	3.9	7.6	18.89	10.66
Other Current Liabilities	33.03	207.46	185.65	75.68	113.24	83.69
Total Current Liabilities	846.03	869.95	725.19	1,503	1,322	1,381
Long-Term Debt	206.24	156.57	276.27	277.05	296.72	280.33
Long-Term Leases	64.4	62.53	62.97	62.92	13	13.65
Long-Term Unearned Revenue	152.63	94.48	77.33	41.04	9.61	5.93
Long-Term Deferred Tax Liabilities	155.26	190.9	206.83	275.81	187.84	106.96
Total Liabilities	1,425	1,374	1,349	2,160	1,829	1,788
Common Stock	1,864	1,874	1,843	1,843	1,536	1,334
Additional Paid-In Capital	681.98	739.41	674.15	686.65	998.87	0.04
Retained Earnings	2,517	2,613	3,148	2,998	3,399	3,063
Comprehensive Income & Other	14.51	12.54	46.13	44	42.64	13.63
Total Common Equity	5,077	5,239	5,711	5,571	5,977	4,411
Minority Interest	37.09	135.6	347.18	431.75	232.76	218.12
Shareholders' Equity	5,114	5,375	6,059	6,003	6,209	4,629
Total Liabilities & Equity	6,539	6,749	7,407	8,163	8,038	6,417
Total Debt	598.88	503.94	405.72	427.1	344.49	410.23
Net Cash (Debt)	1,650	1,501	1,871	1,494	2,052	730.96
Net Cash Growth	19.03%	-19.78%	25.25%	-27.17%	180.67%	185.25%
Net Cash Per Share	0.91	0.83	0.99	0.88	1.22	0.46
Filing Date Shares Outstanding	1,864	1,874	1,843	1,843	1,843	1,601
Total Common Shares Outstanding	1,864	1,874	1,843	1,843	1,843	1,601
Working Capital	2,432	2,255	2,934	2,338	2,951	1,530
Book Value Per Share	2.72	2.79	3.10	3.02	3.24	2.75
Tangible Book Value	4,563	4,718	5,015	4,654	5,159	3,582
Tangible Book Value Per Share	2.45	2.52	2.72	2.53	2.80	2.24
Buildings	-	809.34	681.68	975.35	1,074	-
Machinery	-	1,305	1,149	2,185	1,798	-
Construction In Progress	-	427.68	389.26	49	66.82	37.77

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