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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	109.24	47.24	116.14	73.13	130.98	91.07
Trading Asset Securities	-	0.46	-	-	-	-
Cash & Short-Term Investments	109.24	47.71	116.14	73.13	130.98	91.07
Cash Growth	52.53%	-58.93%	58.81%	-44.16%	43.82%	-45.87%
Accounts Receivable	341.31	272.39	240.49	262.23	412.76	502.24
Other Receivables	153.58	6.66	10.09	4.19	4.35	17.35
Receivables	494.89	279.05	250.59	266.42	417.11	519.59
Inventory	212.69	207.09	230.37	169.08	149.08	152.88
Other Current Assets	37.64	31.31	81.22	21.06	62.7	56.47
Total Current Assets	854.47	565.15	678.32	529.69	759.87	820.01
Property, Plant & Equipment	258.38	411.73	373.34	272.87	321.12	384.14
Long-Term Investments	53.11	60.11	74.85	80.91	77.44	39.08
Goodwill	1.15	-	15.95	15.95	15.95	16.24
Other Intangible Assets	38.59	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	18.65	23.99	42.12	48.28	49.92	26.24
Long-Term Deferred Charges	14.61	3.73	3.43	3.54	3.94	9.7
Other Long-Term Assets	3.92	18.6	17.49	37.59	15.37	13.36
Total Assets	1,244	1,161	1,297	1,076	1,332	1,401
Accounts Payable	290.44	366.11	296.29	143.5	230.78	156.54
Accrued Expenses	26.4	40.66	40.51	36.02	30.79	27.83
Short-Term Debt	121.09	201.35	186.33	261.96	277.45	209.45
Current Portion of Long-Term Debt	15.37	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	1.71	0.01	0.82	0.17	0	0.22
Current Unearned Revenue	46	11.01	77.37	21.8	46.27	19.25
Other Current Liabilities	262.38	78.53	93.63	39.26	12.5	25.51
Total Current Liabilities	763.39	722.07	697.49	519.14	613.48	453.83
Long-Term Debt	126.74	65.5	66.3	18.6	24.72	40.06
Long-Term Leases	67.23	19.8	1.05	1.81	1.49	-
Long-Term Unearned Revenue	10.74	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	7.09	5.13	4.73	5.21	6.34	6.29
Total Liabilities	988.29	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	586.1	579.64	605.5	533.91	524.43	536.88
Retained Earnings	-648.88	-574.56	-399.5	-343.71	-185.1	-28.89
Treasury Stock	-48.95	-48.95	-81.59	-	-	-
Comprehensive Income & Other	14.1	17.17	17.37	17.87	18.81	18.08
Total Common Equity	172.82	243.74	419.2	468.07	618.14	786.08
Minority Interest	82.49	40.1	44.39	45.49	44.79	90.21
Shareholders' Equity	255.3	283.84	463.59	513.56	662.92	876.28
Total Liabilities & Equity	1,244	1,161	1,297	1,076	1,332	1,401
Total Debt	330.43	311.06	256.22	298.79	319.35	264.53
Net Cash (Debt)	-221.19	-263.35	-140.07	-225.65	-188.37	-173.46
Net Cash Per Share	-0.81	-0.97	-0.54	-0.87	-0.72	-0.67
Filing Date Shares Outstanding	239.16	311.02	259.41	260	260	260
Total Common Shares Outstanding	239.16	311.02	259.41	260	260	260
Working Capital	91.08	-156.92	-19.17	10.56	146.39	366.18
Book Value Per Share	0.72	0.78	1.62	1.80	2.38	3.02
Tangible Book Value	133.08	166.77	313.26	364.87	514	677.5
Tangible Book Value Per Share	0.56	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.