Xiamen Solex High-tech Industries Co., Ltd. (SHA:603992)

SHA:603992 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	471.45	500.13	903.58	1,104	566.34	719.7
Trading Asset Securities	1,248	1,263	728.67	416.29	12.67	258.34
Cash & Short-Term Investments	1,719	1,763	1,632	1,521	579.01	978.03
Cash Growth	6.13%	8.00%	7.35%	162.61%	-40.80%	-2.89%
Accounts Receivable	492.03	595.88	627.11	574.57	713.57	432.41
Other Receivables	8.91	14.35	14.14	32.08	82.52	11.13
Receivables	500.94	610.24	641.25	606.64	796.09	443.54
Inventory	299.28	289.66	314.08	368.95	530.81	271.17
Prepaid Expenses	-	-	-	0	-	-
Other Current Assets	31.27	26.62	44.29	14.9	13.59	40.35
Total Current Assets	2,551	2,689	2,632	2,511	1,919	1,733
Property, Plant & Equipment	1,269	1,225	1,203	1,393	1,606	834.74
Long-Term Investments	3.19	3.17	3.05	4.09	3.39	-
Goodwill	84.52	82.27	82.27	82.27	92.42	-
Other Intangible Assets	271.74	265.26	230.37	270.07	281.7	73.16
Long-Term Accounts Receivable	-	1.47	1.72	5.9	3.18	-
Long-Term Deferred Tax Assets	42.1	35.74	34.08	15.27	13.4	7.92
Long-Term Deferred Charges	47.11	40.51	46.33	93.55	79.76	29.46
Other Long-Term Assets	30.09	21.78	19.92	41.57	36.18	43.08
Total Assets	4,298	4,364	4,252	4,417	4,036	2,721
Accounts Payable	403.85	397.97	380.36	448.46	513.36	360.09
Accrued Expenses	85.93	158.24	170.67	181.22	192.77	141.27
Short-Term Debt	-	-	45.47	38.54	134.84	-
Current Portion of Leases	0.74	0.7	7.71	21.53	34.81	-
Current Income Taxes Payable	22.46	23.85	7.19	6.5	14.71	19.36
Current Unearned Revenue	48.72	39.56	77.7	89	97.51	47.09
Other Current Liabilities	124.85	187.07	310.93	151.7	200.94	140.08
Total Current Liabilities	686.56	807.38	1,000	936.96	1,189	707.89
Long-Term Debt	243.06	310.91	595.44	573.72	-	-
Long-Term Leases	14.05	14.35	26.68	153.69	366.58	-
Long-Term Unearned Revenue	17.54	16.96	20.02	20.33	14.92	7.21
Long-Term Deferred Tax Liabilities	37.27	36.36	38.41	40.46	42.51	-
Other Long-Term Liabilities	3.68	3.68	-	313.6	-	-
Total Liabilities	1,002	1,190	1,681	2,039	1,613	715.1
Common Stock	432.91	428.47	407.99	401.01	401.01	401.01
Additional Paid-In Capital	1,388	1,309	962.02	686.09	999.69	999.69
Retained Earnings	1,535	1,489	1,230	1,057	825.88	605.98
Treasury Stock	-66.71	-66.71	-60.26	-	-	-
Comprehensive Income & Other	7.53	14.5	31.56	31.56	-0.3	-0.34
Total Common Equity	3,296	3,174	2,572	2,175	2,226	2,006
Minority Interest	-	-	-	203.06	196.43	-
Shareholders' Equity	3,296	3,174	2,572	2,378	2,423	2,006
Total Liabilities & Equity	4,298	4,364	4,252	4,417	4,036	2,721
Total Debt	257.85	325.97	675.3	787.49	536.23	-
Net Cash (Debt)	1,461	1,437	956.95	733.04	42.78	978.03
Net Cash Growth	50.14%	50.15%	30.55%	1613.67%	-95.63%	-2.89%
Net Cash Per Share	3.27	3.22	2.50	1.82	0.11	2.42
Filing Date Shares Outstanding	432.91	427.29	407.99	401.01	401.01	401.01
Total Common Shares Outstanding	432.91	427.29	401.01	401.01	401.01	401.01
Working Capital	1,864	1,882	1,632	1,574	730.55	1,025
Book Value Per Share	7.61	7.43	6.41	5.42	5.55	5.00
Tangible Book Value	2,940	2,827	2,259	1,823	1,852	1,933
Tangible Book Value Per Share	6.79	6.62	5.63	4.55	4.62	4.82
Buildings	-	943.91	820.92	850.77	683.57	548.52
Machinery	-	942.01	929.5	947.46	885.99	558.95
Construction In Progress	-	148.03	172.27	111.2	243.24	143.98

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