Guangzhou Lushan New Materials Co., Ltd. (SHA:603051)

SHA:603051 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	657.6	301.5	216.13	208.17	98.39
Trading Asset Securities	-	-	-	-	27.01
Cash & Short-Term Investments	657.6	301.5	216.13	208.17	125.4
Cash Growth	118.11%	39.50%	3.82%	66.01%	-25.26%
Accounts Receivable	913.35	1,350	1,038	537.21	359.01
Other Receivables	4.1	2.29	1.92	2.39	4.18
Receivables	917.45	1,353	1,040	539.6	363.2
Inventory	215.4	368.41	626.69	193.83	132.15
Other Current Assets	52.18	50.93	97.75	39.83	60.37
Total Current Assets	1,843	2,073	1,980	981.44	681.12
Property, Plant & Equipment	573.2	559.2	434.12	321.75	230.83
Other Intangible Assets	25.92	25.64	26.03	24.91	25.5
Long-Term Deferred Tax Assets	55.93	42.31	18.13	5.46	4.65
Long-Term Deferred Charges	23.14	19.67	6.2	3.97	2.29
Other Long-Term Assets	3.77	20.04	29	28.38	21.96
Total Assets	2,525	2,740	2,494	1,366	966.33
Accounts Payable	260.4	122.66	202.69	74.03	35.46
Accrued Expenses	14.34	31.15	25.73	24.93	19.5
Short-Term Debt	188.73	338.13	505.23	187.2	98.75
Current Portion of Long-Term Debt	31.33	52.94	10	10	-
Current Portion of Leases	-	0.37	0.91	2.36	-
Current Income Taxes Payable	7	2.48	3.5	2.92	11.36
Current Unearned Revenue	10.9	35.29	20.65	15.51	13.15
Other Current Liabilities	102.9	183.11	320.49	224.25	132.2
Total Current Liabilities	615.59	766.13	1,089	541.2	310.41
Long-Term Debt	318.42	630.66	47.91	55.15	-
Long-Term Leases	6.11	1.51	-	0.91	-
Long-Term Unearned Revenue	23.47	26.4	30.3	13.36	12.43
Long-Term Deferred Tax Liabilities	1.19	-	-	-	1.18
Total Liabilities	964.79	1,425	1,167	610.62	324.02
Common Stock	104.62	93.32	93.32	69.01	69.01
Additional Paid-In Capital	996.04	748.04	732.5	180.3	180.3
Retained Earnings	437.32	420.39	544.02	505.97	393
Treasury Stock	-11.91	-25.95	-43.67	-	-
Comprehensive Income & Other	33.73	79.78	-	-	-
Shareholders' Equity	1,560	1,316	1,326	755.28	642.31
Total Liabilities & Equity	2,525	2,740	2,494	1,366	966.33
Total Debt	544.59	1,024	564.05	255.63	98.75
Net Cash (Debt)	113.02	-722.1	-347.91	-47.46	26.65
Net Cash Growth	-	-	-	-	-78.44%
Net Cash Per Share	1.20	-7.86	-4.04	-0.69	0.39
Filing Date Shares Outstanding	102.35	87.79	93.32	69.01	69.01
Total Common Shares Outstanding	102.35	87.79	93.32	69.01	69.01
Working Capital	1,227	1,307	890.91	440.24	370.7
Book Value Per Share	15.24	14.98	14.21	10.94	9.31
Tangible Book Value	1,534	1,290	1,300	730.37	616.82
Tangible Book Value Per Share	14.99	14.69	13.93	10.58	8.94
Buildings	-	232.94	178.17	169.72	78.02
Machinery	-	467.11	364.56	236.38	174.02
Construction In Progress	-	62.39	45.93	30.35	84.85

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