Loncin Motor Co., Ltd. (SHA:603766)

Loncin Motor 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	9,361	6,760	5,548	3,479	2,667	2,522
Trading Asset Securities	-	0.09	55.7	641.47	378.86	343.87
Cash & Short-Term Investments	9,361	6,760	5,603	4,120	3,045	2,866
Cash Growth	61.23%	20.64%	35.99%	35.30%	6.28%	13.23%
Accounts Receivable	2,310	2,027	1,566	1,739	2,204	2,448
Other Receivables	216.21	319.78	216.49	367.29	367.82	525.6
Receivables	2,526	3,319	2,573	2,540	3,370	3,677
Inventory	949.71	1,003	702.56	824.16	1,325	1,050
Other Current Assets	1,015	1,018	873.18	202.68	208.08	213.67
Total Current Assets	13,852	12,100	9,752	7,687	7,949	7,806
Property, Plant & Equipment	2,518	2,597	2,614	3,060	3,154	3,034
Long-Term Investments	4.74	4.95	14.18	31.61	36.98	39.65
Goodwill	-	-	14.31	139.47	361.25	613.22
Other Intangible Assets	595.98	636.22	729.93	847.73	807.28	795.07
Long-Term Accounts Receivable	-	-	-	-	76.44	-
Long-Term Deferred Tax Assets	154.93	161.44	123.88	96.36	87.89	102.88
Long-Term Deferred Charges	23.09	21.88	121.11	125.58	130.62	135.11
Other Long-Term Assets	525.48	546.83	571.99	599.94	614.77	600.83
Total Assets	17,674	16,069	13,942	12,587	13,218	13,126
Accounts Payable	4,208	3,399	2,720	2,152	3,107	2,808
Accrued Expenses	170.08	568.25	485.36	418.37	417.5	308.46
Short-Term Debt	2.48	301.33	303	310.79	323.6	874.64
Current Portion of Long-Term Debt	-	-	-	46.74	68.78	70.93
Current Portion of Leases	13.99	18	13.18	14.03	12.35	-
Current Income Taxes Payable	213.64	118.09	48.72	32.68	54.41	77.6
Current Unearned Revenue	397.68	490.94	253.95	208.51	251.27	214.1
Other Current Liabilities	2,026	1,611	1,390	691.18	744.27	743.87
Total Current Liabilities	7,031	6,507	5,214	3,874	4,979	5,098
Long-Term Debt	299.5	-	-	264.89	155.45	181.28
Long-Term Leases	33.65	25.35	31.99	31.06	45.51	-
Long-Term Unearned Revenue	68.26	67.87	77.63	208.19	197.14	211.12
Long-Term Deferred Tax Liabilities	71.21	68.83	80.26	81.89	77.58	80.62
Other Long-Term Liabilities	129.05	118.98	109.24	-	-	-
Total Liabilities	7,633	6,788	5,513	4,460	5,455	5,571
Common Stock	2,054	2,054	2,054	2,054	2,054	2,054
Additional Paid-In Capital	-	48.18	38.93	23.45	23.45	23.42
Retained Earnings	7,664	6,909	5,993	5,574	5,170	4,949
Treasury Stock	-	-	-6.08	-6.08	-6.08	-12.22
Comprehensive Income & Other	216.93	167.14	173.59	168.53	164.17	183.47
Total Common Equity	9,935	9,178	8,253	7,813	7,405	7,197
Minority Interest	106.72	103.13	175.6	314.02	357.81	358.13
Shareholders' Equity	10,041	9,281	8,428	8,127	7,763	7,555
Total Liabilities & Equity	17,674	16,069	13,942	12,587	13,218	13,126
Total Debt	349.61	344.68	348.17	667.51	605.7	1,127
Net Cash (Debt)	9,012	6,415	5,255	3,453	2,440	1,739
Net Cash Growth	64.76%	22.07%	52.20%	41.52%	40.32%	18.30%
Net Cash Per Share	4.42	3.15	2.52	1.70	1.20	0.83
Filing Date Shares Outstanding	2,054	2,054	2,054	2,054	2,054	2,054
Total Common Shares Outstanding	2,054	2,054	2,054	2,054	2,054	2,054
Working Capital	6,820	5,593	4,538	3,813	2,969	2,708
Book Value Per Share	4.84	4.47	4.02	3.80	3.61	3.50
Tangible Book Value	9,339	8,541	7,508	6,826	6,236	5,789
Tangible Book Value Per Share	4.55	4.16	3.66	3.32	3.04	2.82
Buildings	-	2,047	2,003	2,008	1,881	1,855
Machinery	-	3,109	2,903	3,155	2,987	2,730
Construction In Progress	-	209.21	142.76	317.3	357.87	326.05

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