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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,254	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	1,254	1,174	887.72	732.09	807.75	735.78
Cash Growth	46.27%	32.23%	21.26%	-9.37%	9.78%	-9.33%
Accounts Receivable	1,287	1,210	1,109	1,094	975.3	923.66
Other Receivables	30.46	11.34	28.06	36.41	84.23	22.42
Receivables	1,317	1,221	1,137	1,131	1,060	946.09
Inventory	490.16	486.21	430.73	387.79	214.52	192.15
Prepaid Expenses	-	-	-	3.83	-	-
Other Current Assets	77.37	72.34	88.98	83.38	79.54	142.56
Total Current Assets	3,139	2,954	2,544	2,338	2,161	2,017
Property, Plant & Equipment	2,160	2,135	2,123	1,992	1,192	460.72
Long-Term Investments	2,393	2,305	1,765	1,601	1,655	1,887
Goodwill	437.44	437.44	437.44	437.44	200.19	-
Other Intangible Assets	423.91	430.16	363.38	372.12	321.05	120.4
Long-Term Deferred Tax Assets	70.47	69.47	52.66	42.67	17.65	7.51
Long-Term Deferred Charges	27.85	26.95	18.79	17.42	9	1.92
Other Long-Term Assets	51.73	51.13	29.29	60.96	425.55	89.49
Total Assets	8,703	8,409	7,334	6,861	5,982	4,584
Accounts Payable	586.61	528.63	652.45	766.19	719.95	386.81
Accrued Expenses	35.1	140.58	116.31	111.94	103.03	62.79
Short-Term Debt	923.75	789.04	475.15	879.45	1,048	1,292
Current Portion of Long-Term Debt	1,090	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	24.6	17.15	11.89	24.98	22.31	18.79
Current Unearned Revenue	3.26	90.7	5.05	4.6	4.56	5.5
Other Current Liabilities	266.22	121.14	166.34	81.78	127.49	69.41
Total Current Liabilities	2,930	2,785	1,808	2,078	2,146	1,836
Long-Term Debt	2,038	1,956	1,807	1,473	863.49	93.28
Long-Term Leases	43.99	45.48	50.14	-	12.06	-
Long-Term Unearned Revenue	118.02	112.78	110.36	110.82	69.81	4.65
Long-Term Deferred Tax Liabilities	50.61	51.19	53.46	56.65	46.78	36.92
Total Liabilities	5,180	4,950	3,829	3,719	3,138	1,971
Common Stock	599	599.08	599.83	596.12	597.15	585.99
Additional Paid-In Capital	845.6	936.35	989.65	949.55	975.07	692.01
Retained Earnings	2,077	1,913	1,893	1,534	1,289	1,162
Treasury Stock	-130.28	-131.52	-100.01	-60.14	-90.55	-
Comprehensive Income & Other	40.75	37.15	25.57	22.1	12.24	7.16
Total Common Equity	3,432	3,354	3,408	3,042	2,783	2,447
Minority Interest	91.33	105.37	96.9	100.62	60.3	165.78
Shareholders' Equity	3,523	3,459	3,505	3,142	2,843	2,613
Total Liabilities & Equity	8,703	8,409	7,334	6,861	5,982	4,584
Total Debt	4,096	3,888	2,713	2,562	2,044	1,386
Net Cash (Debt)	-2,842	-2,714	-1,825	-1,830	-1,237	-650.3
Net Cash Per Share	-4.75	-4.52	-3.05	-3.01	-2.08	-1.11
Filing Date Shares Outstanding	596	599.08	599.83	596.12	597.15	585.99
Total Common Shares Outstanding	596	599.08	599.83	596.12	597.15	585.99
Working Capital	209.15	169.22	736.13	259.19	15.08	180.48
Book Value Per Share	5.76	5.60	5.68	5.10	4.66	4.18
Tangible Book Value	2,570	2,486	2,607	2,232	2,262	2,327
Tangible Book Value Per Share	4.31	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.