Suli Co., Ltd. (SHA:603585)

Suli Co., Ltd. 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	318.95	443.04	1,326	1,924	1,123	1,083
Trading Asset Securities	230.09	290.38	-	20	13.89	-
Cash & Short-Term Investments	549.04	733.42	1,326	1,944	1,137	1,083
Cash Growth	-34.41%	-44.70%	-31.79%	70.95%	5.06%	-13.99%
Accounts Receivable	793.17	864.94	593.1	755.87	790.25	470.63
Other Receivables	1.76	3.74	2.51	8.27	4.73	2.54
Receivables	794.93	868.67	595.62	764.15	794.97	473.17
Inventory	495.08	423.16	350.69	351.92	405.23	220.69
Other Current Assets	106.22	96.36	225.56	121.07	65.2	44.14
Total Current Assets	1,945	2,122	2,498	3,181	2,403	1,821
Property, Plant & Equipment	3,309	3,246	2,816	1,618	1,126	975.9
Long-Term Investments	57.17	59.75	55.68	220.21	91.36	41.52
Goodwill	0.35	0.35	0.35	-	-	-
Other Intangible Assets	183.61	187.17	191.08	127.35	131.39	132.81
Long-Term Deferred Tax Assets	21.92	12.51	19.76	33.4	10.11	5.01
Long-Term Deferred Charges	38.02	43.54	33.85	15.84	18.69	22.46
Other Long-Term Assets	70.92	71.15	73.66	120.78	94.6	70
Total Assets	5,626	5,742	5,688	5,317	3,875	3,068
Accounts Payable	660.85	1,017	1,133	895.07	862.77	331.69
Accrued Expenses	51.14	63.91	55.11	53.72	42.38	37.55
Short-Term Debt	61.18	69.94	5.75	13.13	34.62	-
Current Portion of Long-Term Debt	13.34	2.88	82	22.07	-	-
Current Portion of Leases	-	2.27	2.4	2.22	2.45	-
Current Income Taxes Payable	33.99	5.06	6.39	29.7	18.72	8.04
Current Unearned Revenue	7.54	7.95	27.5	18.68	21.97	21.48
Other Current Liabilities	23.51	24.22	4.06	23.61	170.86	138.39
Total Current Liabilities	851.55	1,194	1,316	1,058	1,154	537.15
Long-Term Debt	1,251	1,226	1,065	854.46	-	-
Long-Term Leases	5.84	8.08	9.89	12.56	4.27	-
Long-Term Unearned Revenue	116.45	106.45	60.88	44.36	9.07	10.82
Long-Term Deferred Tax Liabilities	11.69	18.14	28.13	5.39	0.03	-
Other Long-Term Liabilities	-	-	0.76	-	3.82	-
Total Liabilities	2,236	2,552	2,481	1,975	1,171	547.97
Common Stock	186.73	183.85	180	180	180	180
Additional Paid-In Capital	756.34	702.35	684.26	688.25	688.21	688.18
Retained Earnings	1,561	1,422	1,442	1,520	1,277	1,096
Treasury Stock	-20.45	-19.71	-	-	-	-
Comprehensive Income & Other	169.58	176.87	174.79	227.84	62.3	64.66
Total Common Equity	2,653	2,465	2,481	2,617	2,208	2,028
Minority Interest	737.03	724.48	726.29	725.78	496.17	491.87
Shareholders' Equity	3,390	3,190	3,207	3,342	2,704	2,520
Total Liabilities & Equity	5,626	5,742	5,688	5,317	3,875	3,068
Total Debt	1,331	1,309	1,165	904.45	41.35	-
Net Cash (Debt)	-782.02	-575.72	160.66	1,040	1,096	1,083
Net Cash Growth	-	-	-84.55%	-5.13%	1.24%	-13.99%
Net Cash Per Share	-3.89	-3.18	0.88	4.91	6.08	6.01
Filing Date Shares Outstanding	186.73	183.85	180	180	180	180
Total Common Shares Outstanding	186.73	183.85	180	180	180	180
Working Capital	1,094	927.93	1,182	2,123	1,249	1,283
Book Value Per Share	14.21	13.41	13.78	14.54	12.26	11.27
Tangible Book Value	2,469	2,278	2,289	2,489	2,076	1,896
Tangible Book Value Per Share	13.22	12.39	12.72	13.83	11.53	10.53
Buildings	-	1,296	743.52	473.64	449.35	361.76
Machinery	-	2,500	1,211	931.63	923.23	862.21
Construction In Progress	-	299.82	1,510	742.93	191.34	152.29

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