Jiangsu Seagull Cooling Tower Co.,Ltd. (SHA:603269)

SHA:603269 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	928.59	622.96	531.59	230.18	254.16	287.33
Trading Asset Securities	4.73	5.08	7.07	11.27	13.42	9.51
Cash & Short-Term Investments	933.32	628.04	538.66	241.45	267.58	296.84
Cash Growth	39.40%	16.59%	123.10%	-9.77%	-9.86%	30.26%
Accounts Receivable	829.28	933.61	834.42	729.95	583.82	560.86
Other Receivables	59.97	27.54	41.09	36.3	23.31	19.23
Receivables	889.25	961.15	875.52	766.25	607.13	580.09
Inventory	1,148	1,165	1,189	1,020	904.8	662.84
Prepaid Expenses	-	49.02	35.14	0.16	39.36	36.56
Other Current Assets	105.16	59.4	133.41	116.67	54.26	47.15
Total Current Assets	3,076	2,862	2,772	2,144	1,873	1,623
Property, Plant & Equipment	348.44	341.19	312.45	313	331.36	319.81
Goodwill	97.45	85.84	65.2	65.79	64.95	66.46
Other Intangible Assets	72.33	72.66	75.62	78.95	76.5	79.61
Long-Term Deferred Tax Assets	45.51	41.54	26.36	30.08	19.19	17.94
Long-Term Deferred Charges	2.98	0.64	0.67	1.13	1.5	1.98
Other Long-Term Assets	9.44	9.28	10.73	8.85	4.11	4.48
Total Assets	3,652	3,414	3,263	2,642	2,371	2,114
Accounts Payable	516.25	475.14	457.83	427.85	451.63	330.55
Accrued Expenses	16.37	29.43	34.75	34.79	56.28	45.83
Short-Term Debt	524.74	449.8	415.99	343.04	300.58	227.62
Current Portion of Long-Term Debt	37.94	45.37	1.37	2.93	1.67	2.26
Current Portion of Leases	-	4.89	2.62	2.87	3.36	-
Current Income Taxes Payable	16.41	15.08	12.9	19.81	9.84	9.92
Current Unearned Revenue	1,308	1,225	1,162	654.87	535.97	471.91
Other Current Liabilities	39.49	59.48	41.27	58.14	11	29.16
Total Current Liabilities	2,459	2,304	2,128	1,544	1,370	1,117
Long-Term Debt	173.76	6.77	88.4	63.13	14.36	17.01
Long-Term Leases	15.43	11.97	2.25	2.72	3.94	-
Long-Term Unearned Revenue	10.29	10.93	12.3	49.01	44.56	45.94
Long-Term Deferred Tax Liabilities	3.46	3.46	4.09	7.79	8.54	11.1
Other Long-Term Liabilities	0.13	0.67	11.62	19.7	31.37	50.87
Total Liabilities	2,662	2,338	2,247	1,687	1,473	1,242
Common Stock	308.75	220.54	157.53	112.52	112.52	112.52
Additional Paid-In Capital	156.1	244.32	307.33	352.34	352.34	352.34
Retained Earnings	562.71	577.64	528.99	472.3	423.3	394.01
Comprehensive Income & Other	25.16	-0.89	4.78	2.75	-4.44	-0.29
Total Common Equity	952.62	1,042	998.62	939.91	883.71	858.58
Minority Interest	37.85	34.12	16.94	15.49	13.91	13
Shareholders' Equity	990.46	1,076	1,016	955.4	897.62	871.58
Total Liabilities & Equity	3,652	3,414	3,263	2,642	2,371	2,114
Total Debt	751.88	518.8	510.63	414.69	323.92	246.89
Net Cash (Debt)	181.44	109.25	28.03	-173.25	-56.34	49.95
Net Cash Growth	20.95%	289.75%	-	-	-	79553.14%
Net Cash Per Share	0.60	0.35	0.09	-0.56	-0.18	0.18
Filing Date Shares Outstanding	299.91	308.75	308.75	308.75	308.75	308.75
Total Common Shares Outstanding	299.91	308.75	308.75	308.75	308.75	308.75
Working Capital	617.38	558.38	643.2	599.94	502.79	506.22
Book Value Per Share	3.18	3.37	3.23	3.04	2.86	2.78
Tangible Book Value	782.83	883.11	857.81	795.17	742.27	712.51
Tangible Book Value Per Share	2.61	2.86	2.78	2.58	2.40	2.31
Buildings	-	311.43	309.43	308.35	306.4	-
Machinery	-	152.96	132.44	130.31	121.92	-
Construction In Progress	-	39.22	19.25	-	-	-
Order Backlog	-	3,280	-	-	-	-

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