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

Neway Valve (Suzhou) 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	1,921	1,447	1,176	806.18	442.87	393.47
Short-Term Investments	-	-	-	5.9	-	85
Trading Asset Securities	20	350.43	180.32	91.11	109.98	-
Cash & Short-Term Investments	1,941	1,797	1,357	903.2	552.85	478.47
Cash Growth	48.83%	32.50%	50.19%	63.37%	15.55%	-21.17%
Accounts Receivable	2,546	2,689	2,435	2,132	1,959	1,680
Other Receivables	25.31	1.32	1.2	1.23	0.98	1.99
Receivables	2,571	2,690	2,436	2,133	1,960	1,682
Inventory	2,469	2,473	2,253	2,085	1,541	1,499
Other Current Assets	102.98	152.47	137.67	83.17	107.26	114.38
Total Current Assets	7,084	7,113	6,184	5,205	4,161	3,774
Property, Plant & Equipment	1,266	1,267	1,358	1,435	1,422	1,266
Long-Term Investments	5.91	5.23	11.6	11.28	13.6	13.47
Other Intangible Assets	161.81	152.76	150.78	152.9	157.71	162.03
Long-Term Deferred Tax Assets	148.15	135.31	141.18	127.17	106.01	92.83
Other Long-Term Assets	38.3	38.06	33.58	39.4	47.57	41.46
Total Assets	8,704	8,711	7,879	6,970	5,908	5,349
Accounts Payable	1,708	1,719	1,924	1,659	1,329	1,025
Accrued Expenses	104.21	684.31	553.37	418.9	325.12	310.42
Short-Term Debt	642.73	767.95	636.27	673.4	812.51	626.34
Current Portion of Long-Term Debt	457.46	162.32	498.35	300.21	-	-
Current Portion of Leases	-	1.45	1.71	1.95	2.69	-
Current Income Taxes Payable	96.28	62.22	22.67	33.92	25.06	11.98
Current Unearned Revenue	320.54	353.81	182.86	210.4	116.53	119.42
Other Current Liabilities	622.55	190.3	171.24	275.24	239.21	286.74
Total Current Liabilities	3,952	3,941	3,990	3,573	2,850	2,380
Long-Term Debt	-	298	-	-	-	-
Long-Term Leases	1.35	1.59	2.55	4.17	6.39	-
Long-Term Unearned Revenue	53.09	54.63	62.36	70.5	67.79	63.03
Long-Term Deferred Tax Liabilities	-	-	-	1.21	1.32	1.43
Total Liabilities	4,007	4,295	4,055	3,648	2,925	2,444
Common Stock	768.57	768.64	760.39	749.06	749.06	750
Additional Paid-In Capital	1,069	1,054	914.11	818.2	806.73	797.02
Retained Earnings	2,840	2,577	2,106	1,654	1,375	1,346
Treasury Stock	-126.25	-126.76	-83.02	-	-	-55.04
Comprehensive Income & Other	50.14	49.87	43.37	30.29	-4.16	13.66
Total Common Equity	4,601	4,323	3,741	3,251	2,927	2,852
Minority Interest	96.63	93.09	82.87	70.51	55.91	53.65
Shareholders' Equity	4,697	4,416	3,824	3,322	2,983	2,905
Total Liabilities & Equity	8,704	8,711	7,879	6,970	5,908	5,349
Total Debt	1,102	1,231	1,139	979.74	821.59	626.34
Net Cash (Debt)	839.02	566.12	217.63	-76.54	-268.74	-147.87
Net Cash Growth	1054.16%	160.12%	-	-	-	-
Net Cash Per Share	1.10	0.74	0.29	-0.10	-0.36	-0.20
Filing Date Shares Outstanding	768.57	768.64	760.39	749.06	749.06	745.37
Total Common Shares Outstanding	768.57	768.64	760.39	749.06	749.06	745.37
Working Capital	3,132	3,172	2,194	1,632	1,311	1,394
Book Value Per Share	5.99	5.62	4.92	4.34	3.91	3.83
Tangible Book Value	4,439	4,170	3,590	3,098	2,769	2,690
Tangible Book Value Per Share	5.78	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.