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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,343	1,254	1,183	1,680	528.4	283.97
Short-Term Investments	-	-	-	-	-	8.89
Trading Asset Securities	166.41	105.42	137.02	50.01	-	21.09
Cash & Short-Term Investments	1,509	1,360	1,320	1,730	528.4	313.96
Cash Growth	3.65%	2.98%	-23.67%	227.39%	68.30%	20.82%
Accounts Receivable	916.04	855.53	548.29	713.18	762.04	504.34
Other Receivables	4.35	5.34	19.2	8.92	38.58	2.32
Receivables	920.39	860.87	567.49	722.11	800.63	506.66
Inventory	521.23	505.21	403.99	505.6	467.81	297.02
Prepaid Expenses	-	-	-	0	1.08	0.28
Other Current Assets	67.42	125.02	181.46	101.3	57.02	34.08
Total Current Assets	3,018	2,851	2,473	3,059	1,855	1,152
Property, Plant & Equipment	3,340	3,353	2,971	2,192	1,086	923
Long-Term Investments	190.23	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	498.94	502.22	479.55	420.17	86.84	88.99
Long-Term Deferred Tax Assets	20.24	19.12	12.72	19.14	23.72	8.91
Long-Term Deferred Charges	24.71	24.95	14.5	0.38	-	-
Other Long-Term Assets	123.2	120.67	111.56	117.53	21.67	28.32
Total Assets	7,351	7,200	6,280	6,054	3,317	2,419
Accounts Payable	952.05	1,066	935.14	869.08	564.48	291.61
Accrued Expenses	71.59	123.03	86.86	73.85	82.23	54.6
Short-Term Debt	781.47	519.29	67.08	318.97	70.7	103.2
Current Portion of Long-Term Debt	113.7	79.42	40.07	85.41	45.57	41.06
Current Portion of Leases	-	2.85	1.98	-	-	-
Current Income Taxes Payable	21.25	15.17	6.9	16.02	30.49	38.7
Current Unearned Revenue	13.36	7.42	8.61	18.53	15.38	15.87
Other Current Liabilities	46.96	101.6	39.08	133.82	11.96	10.67
Total Current Liabilities	2,000	1,915	1,186	1,516	820.82	555.71
Long-Term Debt	842.83	788.35	721	375.93	84.13	210.32
Long-Term Leases	8.69	9.91	7.22	3.22	-	-
Long-Term Unearned Revenue	182.63	186.29	192.53	132.47	42.44	39.58
Long-Term Deferred Tax Liabilities	7.91	8.27	2.22	2.35	1.48	0.91
Other Long-Term Liabilities	383.29	381.29	0.02	0.07	0.01	-
Total Liabilities	3,426	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	1,770	1,763	1,777	1,711	1,594	907.76
Treasury Stock	-153.72	-153.72	-2	-	-	-6.39
Comprehensive Income & Other	7.91	6.11	4.48	2.61	-1.96	-0.55
Total Common Equity	3,646	3,638	4,065	4,007	2,368	1,613
Minority Interest	279	273.47	106.93	17.24	-	-
Shareholders' Equity	3,925	3,911	4,172	4,024	2,368	1,613
Total Liabilities & Equity	7,351	7,200	6,280	6,054	3,317	2,419
Total Debt	1,747	1,400	837.35	783.53	200.4	354.58
Net Cash (Debt)	-237.24	-39.96	483.13	946.39	328	-40.62
Net Cash Growth	-	-	-48.95%	188.53%	-	-
Net Cash Per Share	-0.43	-0.07	0.81	1.68	0.68	-0.08
Filing Date Shares Outstanding	572.67	572.67	589.39	589.58	485.27	485.27
Total Common Shares Outstanding	572.67	572.67	589.39	589.58	485.27	485.27
Working Capital	1,018	936.14	1,288	1,543	1,034	596.28
Book Value Per Share	6.37	6.35	6.90	6.80	4.88	3.32
Tangible Book Value	3,012	3,001	3,536	3,517	2,213	1,456
Tangible Book Value Per Share	5.26	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.