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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	60.43	47.24	116.14	73.13	130.98	91.07
Trading Asset Securities	0.46	0.46	-	-	-	-
Cash & Short-Term Investments	60.89	47.71	116.14	73.13	130.98	91.07
Cash Growth	-34.87%	-58.93%	58.81%	-44.16%	43.82%	-45.87%
Accounts Receivable	288.51	272.39	240.49	262.23	412.76	502.24
Other Receivables	7.41	6.66	10.09	4.19	4.35	17.35
Receivables	295.92	279.05	250.59	266.42	417.11	519.59
Inventory	216.9	207.09	230.37	169.08	149.08	152.88
Other Current Assets	35.12	31.31	81.22	21.06	62.7	56.47
Total Current Assets	608.83	565.15	678.32	529.69	759.87	820.01
Property, Plant & Equipment	397.75	411.73	373.34	272.87	321.12	384.14
Long-Term Investments	54.34	60.11	74.85	80.91	77.44	39.08
Goodwill	-	-	15.95	15.95	15.95	16.24
Other Intangible Assets	76.56	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	23.94	23.99	42.12	48.28	49.92	26.24
Long-Term Deferred Charges	3.71	3.73	3.43	3.54	3.94	9.7
Other Long-Term Assets	15.39	18.6	17.49	37.59	15.37	13.36
Total Assets	1,181	1,161	1,297	1,076	1,332	1,401
Accounts Payable	361.48	366.11	296.29	143.5	230.78	156.54
Accrued Expenses	18.41	40.66	40.51	36.02	30.79	27.83
Short-Term Debt	105.8	201.35	186.33	261.96	277.45	209.45
Current Portion of Long-Term Debt	6.15	19.91	1.89	15.85	15.24	15.02
Current Portion of Leases	-	4.5	0.64	0.57	0.45	-
Current Income Taxes Payable	0.98	0.01	0.82	0.17	0	0.22
Current Unearned Revenue	21.62	11.01	77.37	21.8	46.27	19.25
Other Current Liabilities	221.09	78.53	93.63	39.26	12.5	25.51
Total Current Liabilities	735.54	722.07	697.49	519.14	613.48	453.83
Long-Term Debt	105.3	65.5	66.3	18.6	24.72	40.06
Long-Term Leases	19.45	19.8	1.05	1.81	1.49	-
Long-Term Unearned Revenue	63.41	63.75	62.74	16.89	22.21	23.63
Long-Term Deferred Tax Liabilities	0.89	0.9	0.72	0.85	0.65	1.02
Other Long-Term Liabilities	4.78	5.13	4.73	5.21	6.34	6.29
Total Liabilities	929.37	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	578.14	579.64	605.5	533.91	524.43	536.88
Retained Earnings	-602.93	-574.56	-399.5	-343.71	-185.1	-28.89
Treasury Stock	-48.95	-48.95	-81.59	-	-	-
Comprehensive Income & Other	16.97	17.17	17.37	17.87	18.81	18.08
Total Common Equity	213.68	243.74	419.2	468.07	618.14	786.08
Minority Interest	38.2	40.1	44.39	45.49	44.79	90.21
Shareholders' Equity	251.88	283.84	463.59	513.56	662.92	876.28
Total Liabilities & Equity	1,181	1,161	1,297	1,076	1,332	1,401
Total Debt	236.7	311.06	256.22	298.79	319.35	264.53
Net Cash (Debt)	-175.81	-263.35	-140.07	-225.65	-188.37	-173.46
Net Cash Per Share	-0.64	-0.97	-0.54	-0.87	-0.72	-0.67
Filing Date Shares Outstanding	260.01	311.02	259.41	260	260	260
Total Common Shares Outstanding	260.01	311.02	259.41	260	260	260
Working Capital	-126.7	-156.92	-19.17	10.56	146.39	366.18
Book Value Per Share	0.82	0.78	1.62	1.80	2.38	3.02
Tangible Book Value	137.12	166.77	313.26	364.87	514	677.5
Tangible Book Value Per Share	0.53	0.54	1.21	1.40	1.98	2.61
Buildings	-	169.66	169.81	255.01	273.33	284.47
Machinery	-	329.92	296.2	283.02	284.64	301.41
Construction In Progress	-	175.24	168.09	0.73	2.55	3.66

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