Neway Valve (Suzhou) Co., Ltd. (SHA:603699)

Neway Valve (Suzhou) Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,447	1,176	806.18	442.87	393.47
Short-Term Investments	-	-	5.9	-	85
Trading Asset Securities	350.43	180.32	91.11	109.98	-
Cash & Short-Term Investments	1,797	1,357	903.2	552.85	478.47
Cash Growth	32.50%	50.19%	63.37%	15.55%	-21.17%
Accounts Receivable	2,689	2,435	2,132	1,959	1,680
Other Receivables	1.32	1.2	1.23	0.98	1.99
Receivables	2,690	2,436	2,133	1,960	1,682
Inventory	2,473	2,253	2,085	1,541	1,499
Other Current Assets	152.47	137.67	83.17	107.26	114.38
Total Current Assets	7,113	6,184	5,205	4,161	3,774
Property, Plant & Equipment	1,267	1,358	1,435	1,422	1,266
Long-Term Investments	5.23	11.6	11.28	13.6	13.47
Other Intangible Assets	152.76	150.78	152.9	157.71	162.03
Long-Term Deferred Tax Assets	135.31	141.18	127.17	106.01	92.83
Other Long-Term Assets	38.06	33.58	39.4	47.57	41.46
Total Assets	8,711	7,879	6,970	5,908	5,349
Accounts Payable	1,719	1,924	1,659	1,329	1,025
Accrued Expenses	684.31	553.37	418.9	325.12	310.42
Short-Term Debt	767.95	636.27	673.4	812.51	626.34
Current Portion of Long-Term Debt	162.32	498.35	300.21	-	-
Current Portion of Leases	1.45	1.71	1.95	2.69	-
Current Income Taxes Payable	62.22	22.67	33.92	25.06	11.98
Current Unearned Revenue	353.81	182.86	210.4	116.53	119.42
Other Current Liabilities	190.3	171.24	275.24	239.21	286.74
Total Current Liabilities	3,941	3,990	3,573	2,850	2,380
Long-Term Debt	298	-	-	-	-
Long-Term Leases	1.59	2.55	4.17	6.39	-
Long-Term Unearned Revenue	54.63	62.36	70.5	67.79	63.03
Long-Term Deferred Tax Liabilities	-	-	1.21	1.32	1.43
Total Liabilities	4,295	4,055	3,648	2,925	2,444
Common Stock	768.64	760.39	749.06	749.06	750
Additional Paid-In Capital	1,054	914.11	818.2	806.73	797.02
Retained Earnings	2,577	2,106	1,654	1,375	1,346
Treasury Stock	-126.76	-83.02	-	-	-55.04
Comprehensive Income & Other	49.87	43.37	30.29	-4.16	13.66
Total Common Equity	4,323	3,741	3,251	2,927	2,852
Minority Interest	93.09	82.87	70.51	55.91	53.65
Shareholders' Equity	4,416	3,824	3,322	2,983	2,905
Total Liabilities & Equity	8,711	7,879	6,970	5,908	5,349
Total Debt	1,231	1,139	979.74	821.59	626.34
Net Cash (Debt)	566.12	217.63	-76.54	-268.74	-147.87
Net Cash Growth	160.12%	-	-	-	-
Net Cash Per Share	0.74	0.29	-0.10	-0.36	-0.20
Filing Date Shares Outstanding	768.64	760.39	749.06	749.06	745.37
Total Common Shares Outstanding	768.64	760.39	749.06	749.06	745.37
Working Capital	3,172	2,194	1,632	1,311	1,394
Book Value Per Share	5.62	4.92	4.34	3.91	3.83
Tangible Book Value	4,170	3,590	3,098	2,769	2,690
Tangible Book Value Per Share	5.43	4.72	4.14	3.70	3.61
Land	24.37	24.01	23.61	21.61	22.12
Buildings	1,026	1,022	1,018	905.03	714.81
Machinery	1,292	1,273	1,116	1,050	902.23
Construction In Progress	25.18	7.27	120.41	167.76	283.02

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