Thinker Agricultural Machinery Co., Ltd. (SHA:603789)

SHA:603789 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	113.37	47.24	116.14	73.13	130.98	91.07
Trading Asset Securities	0.46	0.46	-	-	-	-
Cash & Short-Term Investments	113.83	47.71	116.14	73.13	130.98	91.07
Cash Growth	45.48%	-58.93%	58.81%	-44.16%	43.82%	-45.87%
Accounts Receivable	293.74	272.39	240.49	262.23	412.76	502.24
Other Receivables	94.3	6.66	10.09	4.19	4.35	17.35
Receivables	388.04	279.05	250.59	266.42	417.11	519.59
Inventory	193.91	207.09	230.37	169.08	149.08	152.88
Other Current Assets	25.1	31.31	81.22	21.06	62.7	56.47
Total Current Assets	720.88	565.15	678.32	529.69	759.87	820.01
Property, Plant & Equipment	218.72	411.73	373.34	272.87	321.12	384.14
Long-Term Investments	52.85	60.11	74.85	80.91	77.44	39.08
Goodwill	-	-	15.95	15.95	15.95	16.24
Other Intangible Assets	38.78	76.97	89.99	87.25	88.19	92.34
Long-Term Accounts Receivable	0.72	0.72	1.13	-	-	-
Long-Term Deferred Tax Assets	18.66	23.99	42.12	48.28	49.92	26.24
Long-Term Deferred Charges	13.55	3.73	3.43	3.54	3.94	9.7
Other Long-Term Assets	5.44	18.6	17.49	37.59	15.37	13.36
Total Assets	1,070	1,161	1,297	1,076	1,332	1,401
Accounts Payable	281.91	366.11	296.29	143.5	230.78	156.54
Accrued Expenses	53.45	40.66	40.51	36.02	30.79	27.83
Short-Term Debt	131.84	201.35	186.33	261.96	277.45	209.45
Current Portion of Long-Term Debt	0.1	19.91	1.89	15.85	15.24	15.02
Current Portion of Leases	5.09	4.5	0.64	0.57	0.45	-
Current Income Taxes Payable	1	0.01	0.82	0.17	0	0.22
Current Unearned Revenue	14.31	11.01	77.37	21.8	46.27	19.25
Other Current Liabilities	99.07	78.53	93.63	39.26	12.5	25.51
Total Current Liabilities	586.78	722.07	697.49	519.14	613.48	453.83
Long-Term Debt	88.01	65.5	66.3	18.6	24.72	40.06
Long-Term Leases	60.91	19.8	1.05	1.81	1.49	-
Long-Term Unearned Revenue	10.11	63.75	62.74	16.89	22.21	23.63
Long-Term Deferred Tax Liabilities	13.09	0.9	0.72	0.85	0.65	1.02
Other Long-Term Liabilities	23.45	5.13	4.73	5.21	6.34	6.29
Total Liabilities	782.35	877.15	833.03	562.51	668.89	524.83
Common Stock	270.45	270.45	277.42	260	260	260
Additional Paid-In Capital	579.41	579.64	605.5	533.91	524.43	536.88
Retained Earnings	-615.5	-574.56	-399.5	-343.71	-185.1	-28.89
Treasury Stock	-48.95	-48.95	-81.59	-	-	-
Comprehensive Income & Other	14.28	17.17	17.37	17.87	18.81	18.08
Total Common Equity	199.69	243.74	419.2	468.07	618.14	786.08
Minority Interest	87.57	40.1	44.39	45.49	44.79	90.21
Shareholders' Equity	287.26	283.84	463.59	513.56	662.92	876.28
Total Liabilities & Equity	1,070	1,161	1,297	1,076	1,332	1,401
Total Debt	285.95	311.06	256.22	298.79	319.35	264.53
Net Cash (Debt)	-172.12	-263.35	-140.07	-225.65	-188.37	-173.46
Net Cash Per Share	-0.62	-0.97	-0.54	-0.87	-0.72	-0.67
Filing Date Shares Outstanding	280.73	311.02	259.41	260	260	260
Total Common Shares Outstanding	280.73	311.02	259.41	260	260	260
Working Capital	134.1	-156.92	-19.17	10.56	146.39	366.18
Book Value Per Share	0.71	0.78	1.62	1.80	2.38	3.02
Tangible Book Value	160.91	166.77	313.26	364.87	514	677.5
Tangible Book Value Per Share	0.57	0.54	1.21	1.40	1.98	2.61
Buildings	99.11	169.66	169.81	255.01	273.33	284.47
Machinery	313.93	329.92	296.2	283.02	284.64	301.41
Construction In Progress	1.05	175.24	168.09	0.73	2.55	3.66

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