Zhejiang Wansheng Co., Ltd. (SHA:603010)

Zhejiang Wansheng 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	1,288	1,254	1,183	1,680	528.4	283.97
Short-Term Investments	-	-	-	-	-	8.89
Trading Asset Securities	49.76	105.42	137.02	50.01	-	21.09
Cash & Short-Term Investments	1,337	1,360	1,320	1,730	528.4	313.96
Cash Growth	-10.27%	2.98%	-23.67%	227.39%	68.30%	20.82%
Accounts Receivable	861.49	855.53	548.29	713.18	762.04	504.34
Other Receivables	2.82	5.34	19.2	8.92	38.58	2.32
Receivables	864.31	860.87	567.49	722.11	800.63	506.66
Inventory	598.84	505.21	403.99	505.6	467.81	297.02
Prepaid Expenses	-	-	-	0	1.08	0.28
Other Current Assets	102.19	125.02	181.46	101.3	57.02	34.08
Total Current Assets	2,903	2,851	2,473	3,059	1,855	1,152
Property, Plant & Equipment	3,411	3,353	2,971	2,192	1,086	923
Long-Term Investments	133.86	194.08	168.24	176.54	174.88	150
Goodwill	134.82	134.82	49.26	69.42	68.27	68.27
Other Intangible Assets	596.84	502.22	479.55	420.17	86.84	88.99
Long-Term Deferred Tax Assets	21.93	19.12	12.72	19.14	23.72	8.91
Long-Term Deferred Charges	23.46	24.95	14.5	0.38	-	-
Other Long-Term Assets	68.37	120.67	111.56	117.53	21.67	28.32
Total Assets	7,293	7,200	6,280	6,054	3,317	2,419
Accounts Payable	949.93	1,066	935.14	869.08	564.48	291.61
Accrued Expenses	83.84	123.03	86.86	73.85	82.23	54.6
Short-Term Debt	867.43	519.29	67.08	318.97	70.7	103.2
Current Portion of Long-Term Debt	133.39	79.42	40.07	85.41	45.57	41.06
Current Portion of Leases	-	2.85	1.98	-	-	-
Current Income Taxes Payable	30.49	15.17	6.9	16.02	30.49	38.7
Current Unearned Revenue	17.49	7.42	8.61	18.53	15.38	15.87
Other Current Liabilities	38.68	101.6	39.08	133.82	11.96	10.67
Total Current Liabilities	2,121	1,915	1,186	1,516	820.82	555.71
Long-Term Debt	658.09	788.35	721	375.93	84.13	210.32
Long-Term Leases	37.87	9.91	7.22	3.22	-	-
Long-Term Unearned Revenue	176.73	186.29	192.53	132.47	42.44	39.58
Long-Term Deferred Tax Liabilities	6.93	8.27	2.22	2.35	1.48	0.91
Other Long-Term Liabilities	386.62	381.29	0.02	0.07	0.01	-
Total Liabilities	3,387	3,289	2,109	2,030	948.88	806.53
Common Stock	589.58	589.58	589.58	589.58	485.27	346.62
Additional Paid-In Capital	1,433	1,433	1,696	1,703	290.93	365.51
Retained Earnings	1,749	1,763	1,777	1,711	1,594	907.76
Treasury Stock	-154.33	-153.72	-2	-	-	-6.39
Comprehensive Income & Other	-2.15	6.11	4.48	2.61	-1.96	-0.55
Total Common Equity	3,615	3,638	4,065	4,007	2,368	1,613
Minority Interest	291.03	273.47	106.93	17.24	-	-
Shareholders' Equity	3,906	3,911	4,172	4,024	2,368	1,613
Total Liabilities & Equity	7,293	7,200	6,280	6,054	3,317	2,419
Total Debt	1,697	1,400	837.35	783.53	200.4	354.58
Net Cash (Debt)	-359.49	-39.96	483.13	946.39	328	-40.62
Net Cash Growth	-	-	-48.95%	188.53%	-	-
Net Cash Per Share	-0.66	-0.07	0.81	1.68	0.68	-0.08
Filing Date Shares Outstanding	572.6	572.67	589.39	589.58	485.27	485.27
Total Common Shares Outstanding	572.6	572.67	589.39	589.58	485.27	485.27
Working Capital	781.37	936.14	1,288	1,543	1,034	596.28
Book Value Per Share	6.31	6.35	6.90	6.80	4.88	3.32
Tangible Book Value	2,883	3,001	3,536	3,517	2,213	1,456
Tangible Book Value Per Share	5.03	5.24	6.00	5.97	4.56	3.00
Buildings	-	1,604	732.99	693.84	532.74	483.86
Machinery	-	1,507	1,066	938.03	657.77	600.34
Construction In Progress	-	996.91	1,692	963.46	203.01	76.71

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