Red Avenue New Materials Group Co., Ltd. (SHA:603650)

SHA:603650 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	1,389	1,174	743.99	634.28	509.56	620.64
Short-Term Investments	-	-	-	8.93	-	-
Trading Asset Securities	-	-	143.74	88.87	298.19	115.14
Cash & Short-Term Investments	1,389	1,174	887.72	732.09	807.75	735.78
Cash Growth	26.49%	32.23%	21.26%	-9.37%	9.78%	-9.33%
Accounts Receivable	1,264	1,210	1,109	1,094	975.3	923.66
Other Receivables	37.21	11.34	28.06	36.01	84.23	22.42
Receivables	1,302	1,221	1,137	1,130	1,060	946.09
Inventory	511.27	486.21	430.73	387.79	214.52	192.15
Prepaid Expenses	-	-	-	3.83	-	-
Other Current Assets	117.99	72.34	88.98	83.78	79.54	142.56
Total Current Assets	3,320	2,954	2,544	2,338	2,161	2,017
Property, Plant & Equipment	2,180	2,135	2,123	1,992	1,192	460.72
Long-Term Investments	2,520	2,305	1,765	1,601	1,655	1,887
Goodwill	437.44	437.44	437.44	437.44	200.19	-
Other Intangible Assets	405.81	430.16	363.38	372.12	321.05	120.4
Long-Term Deferred Tax Assets	75.45	69.47	52.66	42.67	17.65	7.51
Long-Term Deferred Charges	28.9	26.95	18.79	17.42	9	1.92
Other Long-Term Assets	100.24	51.13	29.29	60.96	425.55	89.49
Total Assets	9,068	8,409	7,334	6,861	5,982	4,584
Accounts Payable	546.99	528.63	652.45	766.19	719.95	386.81
Accrued Expenses	57.29	140.58	116.31	111.94	103.03	62.79
Short-Term Debt	873.27	789.04	475.15	879.45	1,048	1,292
Current Portion of Long-Term Debt	712.48	1,088	372.82	195.9	100.91	0.3
Current Portion of Leases	-	9.62	8.24	13.65	20.36	-
Current Income Taxes Payable	21.98	17.15	11.89	24.98	22.31	18.79
Current Unearned Revenue	3.21	90.7	5.05	4.6	4.56	5.5
Other Current Liabilities	306.08	121.14	166.34	81.78	127.49	69.41
Total Current Liabilities	2,521	2,785	1,808	2,078	2,146	1,836
Long-Term Debt	2,700	1,956	1,807	1,473	863.49	93.28
Long-Term Leases	39.11	45.48	50.14	-	12.06	-
Long-Term Unearned Revenue	118.09	112.78	110.36	110.82	69.81	4.65
Long-Term Deferred Tax Liabilities	49.43	51.19	53.46	56.65	46.78	36.92
Total Liabilities	5,427	4,950	3,829	3,719	3,138	1,971
Common Stock	598.96	599.08	599.83	596.12	597.15	585.99
Additional Paid-In Capital	808.7	936.35	989.65	949.55	975.07	692.01
Retained Earnings	2,113	1,913	1,893	1,534	1,289	1,162
Treasury Stock	-105.31	-131.52	-100.01	-60.14	-90.55	-
Comprehensive Income & Other	72.82	37.15	25.57	22.1	12.24	7.16
Total Common Equity	3,488	3,354	3,408	3,042	2,783	2,447
Minority Interest	153.16	105.37	96.9	100.62	60.3	165.78
Shareholders' Equity	3,641	3,459	3,505	3,142	2,843	2,613
Total Liabilities & Equity	9,068	8,409	7,334	6,861	5,982	4,584
Total Debt	4,324	3,888	2,713	2,562	2,044	1,386
Net Cash (Debt)	-2,935	-2,714	-1,825	-1,830	-1,237	-650.3
Net Cash Per Share	-4.92	-4.52	-3.05	-3.01	-2.08	-1.11
Filing Date Shares Outstanding	595.95	599.08	599.83	596.12	597.15	585.99
Total Common Shares Outstanding	595.95	599.08	599.83	596.12	597.15	585.99
Working Capital	798.92	169.22	736.13	259.19	15.08	180.48
Book Value Per Share	5.85	5.60	5.68	5.10	4.66	4.18
Tangible Book Value	2,645	2,486	2,607	2,232	2,262	2,327
Tangible Book Value Per Share	4.44	4.15	4.35	3.74	3.79	3.97
Buildings	-	726.13	675.15	522.15	381.12	238.05
Machinery	-	1,649	1,531	1,018	764.29	431.62
Construction In Progress	-	546.97	580.21	1,078	520.1	93.02

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