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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,298	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	1,298	1,174	887.72	732.09	807.75	735.78
Cash Growth	24.88%	32.23%	21.26%	-9.37%	9.78%	-9.33%
Accounts Receivable	1,212	1,210	1,109	1,094	975.3	923.66
Other Receivables	59.56	11.34	28.06	36.01	84.23	22.42
Receivables	1,271	1,221	1,137	1,130	1,060	946.09
Inventory	511.78	486.21	430.73	387.79	214.52	192.15
Prepaid Expenses	-	-	-	3.83	-	-
Other Current Assets	98.26	72.34	88.98	83.78	79.54	142.56
Total Current Assets	3,179	2,954	2,544	2,338	2,161	2,017
Property, Plant & Equipment	2,167	2,135	2,123	1,992	1,192	460.72
Long-Term Investments	2,500	2,305	1,765	1,601	1,655	1,887
Goodwill	437.44	437.44	437.44	437.44	200.19	-
Other Intangible Assets	413.67	430.16	363.38	372.12	321.05	120.4
Long-Term Deferred Tax Assets	73.09	69.47	52.66	42.67	17.65	7.51
Long-Term Deferred Charges	26.83	26.95	18.79	17.42	9	1.92
Other Long-Term Assets	68.8	51.13	29.29	60.96	425.55	89.49
Total Assets	8,866	8,409	7,334	6,861	5,982	4,584
Accounts Payable	528.61	528.63	652.45	766.19	719.95	386.81
Accrued Expenses	113.72	140.58	116.31	111.94	103.03	62.79
Short-Term Debt	897.94	789.04	475.15	879.45	1,048	1,292
Current Portion of Long-Term Debt	798.75	1,088	372.82	195.9	100.91	0.3
Current Portion of Leases	9.72	9.62	8.24	13.65	20.36	-
Current Income Taxes Payable	16.78	17.15	11.89	24.98	22.31	18.79
Current Unearned Revenue	81.03	90.7	5.05	4.6	4.56	5.5
Other Current Liabilities	146.57	121.14	166.34	81.78	127.49	69.41
Total Current Liabilities	2,593	2,785	1,808	2,078	2,146	1,836
Long-Term Debt	2,646	1,956	1,807	1,473	863.49	93.28
Long-Term Leases	41.56	45.48	50.14	-	12.06	-
Long-Term Unearned Revenue	120.28	112.78	110.36	110.82	69.81	4.65
Long-Term Deferred Tax Liabilities	50.02	51.19	53.46	56.65	46.78	36.92
Total Liabilities	5,451	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	803.88	936.35	989.65	949.55	975.07	692.01
Retained Earnings	1,970	1,913	1,893	1,534	1,289	1,162
Treasury Stock	-129.73	-131.52	-100.01	-60.14	-90.55	-
Comprehensive Income & Other	67.82	37.15	25.57	22.1	12.24	7.16
Total Common Equity	3,310	3,354	3,408	3,042	2,783	2,447
Minority Interest	104.96	105.37	96.9	100.62	60.3	165.78
Shareholders' Equity	3,415	3,459	3,505	3,142	2,843	2,613
Total Liabilities & Equity	8,866	8,409	7,334	6,861	5,982	4,584
Total Debt	4,394	3,888	2,713	2,562	2,044	1,386
Net Cash (Debt)	-3,096	-2,714	-1,825	-1,830	-1,237	-650.3
Net Cash Per Share	-5.18	-4.52	-3.05	-3.01	-2.08	-1.11
Filing Date Shares Outstanding	595.96	599.08	599.83	596.12	597.15	585.99
Total Common Shares Outstanding	595.96	599.08	599.83	596.12	597.15	585.99
Working Capital	586.17	169.22	736.13	259.19	15.08	180.48
Book Value Per Share	5.55	5.60	5.68	5.10	4.66	4.18
Tangible Book Value	2,459	2,486	2,607	2,232	2,262	2,327
Tangible Book Value Per Share	4.13	4.15	4.35	3.74	3.79	3.97
Buildings	726.57	726.13	675.15	522.15	381.12	238.05
Machinery	1,704	1,649	1,531	1,018	764.29	431.62
Construction In Progress	595.44	546.97	580.21	1,078	520.1	93.02

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