G-bits Network Technology (Xiamen) Co., Ltd. (SHA:603444)

SHA:603444 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,493	2,253	2,397	2,629	2,903	2,144
Short-Term Investments	362.52	359.54	-	10	30.06	20.03
Trading Asset Securities	985.33	1,435	1,126	629.61	1,045	678.04
Cash & Short-Term Investments	4,841	4,048	3,523	3,268	3,978	2,842
Cash Growth	25.39%	14.91%	7.78%	-17.85%	39.99%	36.53%
Accounts Receivable	226.53	170.94	238.76	264.7	294.2	195.48
Other Receivables	9.66	34.27	5.6	8.02	31.73	101.95
Receivables	240.66	211.74	255.89	283.22	325.93	297.43
Other Current Assets	41.04	29.11	33.17	27.41	50.36	117.26
Total Current Assets	5,123	4,289	3,812	3,579	4,354	3,256
Property, Plant & Equipment	493.59	549.12	634.39	646.74	723.07	866.01
Long-Term Investments	1,172	1,740	1,785	1,844	1,694	1,017
Goodwill	3.81	3.81	3.81	3.81	3.81	3.81
Other Intangible Assets	69.72	69.91	69.77	72.14	2.28	7.32
Long-Term Deferred Tax Assets	119.28	97.14	83.26	97.19	114.19	70.07
Long-Term Deferred Charges	3.52	6.86	20.05	5.68	6.91	24.81
Other Long-Term Assets	797.01	159.37	216.8	225.66	204.76	142.5
Total Assets	7,790	6,924	6,637	6,490	7,103	5,388
Accounts Payable	16.67	13.02	22.79	13.04	7.8	6.91
Accrued Expenses	642.55	505.43	570.35	669.37	598.58	350.14
Current Portion of Leases	11.46	11.73	10.8	4.15	1.81	-
Current Income Taxes Payable	184.22	103.63	152.43	217.01	357.26	137.25
Current Unearned Revenue	541.86	464.79	417.45	509.73	584.85	278.56
Other Current Liabilities	118.07	126.52	129.01	277.33	275.8	199.03
Total Current Liabilities	1,515	1,225	1,303	1,691	1,826	971.89
Long-Term Debt	-	-	-	-	-	6.95
Long-Term Leases	13.68	19.88	28.13	3.61	2.11	-
Long-Term Unearned Revenue	0.14	0.09	0.16	0.68	1.28	0.39
Long-Term Deferred Tax Liabilities	1.04	0.9	0.71	3.46	0.66	30.6
Other Long-Term Liabilities	61.06	44.08	57.34	82.54	213.51	130.14
Total Liabilities	1,591	1,290	1,389	1,781	2,044	1,140
Common Stock	72.04	72.04	72.04	71.87	71.86	71.86
Additional Paid-In Capital	1,398	1,398	1,401	1,334	1,314	1,137
Retained Earnings	3,790	3,396	2,918	2,513	3,208	2,602
Treasury Stock	-52.17	-52.17	-	-	-	-
Comprehensive Income & Other	85.8	87.94	73.38	59.71	-14.05	-8.06
Total Common Equity	5,293	4,902	4,464	3,979	4,580	3,803
Minority Interest	905.7	731.39	783.77	730.77	479.48	444.73
Shareholders' Equity	6,199	5,633	5,248	4,710	5,060	4,248
Total Liabilities & Equity	7,790	6,924	6,637	6,490	7,103	5,388
Total Debt	25.14	31.62	38.93	7.76	3.92	6.95
Net Cash (Debt)	4,816	4,016	3,484	3,260	3,974	2,835
Net Cash Growth	25.88%	15.29%	6.85%	-17.96%	40.19%	40.46%
Net Cash Per Share	67.06	55.89	48.40	45.37	55.29	39.50
Filing Date Shares Outstanding	71.76	71.76	72.04	71.87	71.86	71.86
Total Common Shares Outstanding	71.76	71.76	72.04	71.87	71.86	71.86
Working Capital	3,608	3,064	2,509	1,888	2,528	2,285
Book Value Per Share	73.77	68.32	61.96	55.36	63.73	52.92
Tangible Book Value	5,220	4,828	4,390	3,903	4,574	3,792
Tangible Book Value Per Share	72.75	67.29	60.94	54.31	63.65	52.76
Buildings	683.71	723.87	776.35	782.28	819.86	933.43
Machinery	65.03	67.03	60.9	50.67	46.28	41.53
Construction In Progress	19.73	13.43	1.66	-	-	-

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