Shanghai Taihe Water Technology Development Co.,Ltd. (SHA:605081)

SHA:605081 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	123.1	188.23	373.68	531.54	841.07	262.08
Trading Asset Securities	-	-	-	2.04	-	-
Cash & Short-Term Investments	123.1	188.23	373.68	533.57	841.07	262.08
Cash Growth	-65.54%	-49.63%	-29.97%	-36.56%	220.92%	1.87%
Accounts Receivable	581.67	716.76	730.29	819.83	949.82	750.59
Other Receivables	28.23	9.55	13.82	20.12	31.79	23.67
Receivables	609.91	726.31	744.11	839.95	981.61	774.26
Inventory	108.82	104.22	47.09	61.13	12.59	7.59
Prepaid Expenses	-	-	-	-	-	3.02
Other Current Assets	15.13	10.44	7.1	27.39	19.73	1.52
Total Current Assets	856.96	1,029	1,172	1,462	1,855	1,048
Property, Plant & Equipment	403.13	355.33	363.05	260.86	216.38	12.8
Long-Term Investments	74.63	74.63	66.23	30.19	-	0.03
Goodwill	16.87	11.38	15.13	17.26	-	-
Other Intangible Assets	25.87	26.3	19.27	19.99	0.42	0.59
Long-Term Deferred Tax Assets	11.28	10.3	0.22	52.62	27.41	16.67
Long-Term Deferred Charges	13.86	15.02	20.9	22.62	9.73	9.53
Other Long-Term Assets	1.5	3.61	23.85	46.32	20.86	181.73
Total Assets	1,404	1,526	1,681	1,912	2,130	1,270
Accounts Payable	158.99	277.67	144.95	132.4	128.16	151.73
Accrued Expenses	5.65	102.73	84.2	86.92	85.84	73.98
Short-Term Debt	28.96	28.96	-	-	-	3.5
Current Portion of Leases	-	4.38	3.04	2.64	1.52	-
Current Income Taxes Payable	68.06	5.1	1.28	0.54	16.54	17.87
Current Unearned Revenue	21.64	31.87	9.81	1.54	0.14	0.93
Other Current Liabilities	53.86	25.04	32.47	24.75	30.87	34.09
Total Current Liabilities	337.15	475.75	275.74	248.78	263.08	282.1
Long-Term Leases	62.93	49.28	64.69	37.08	11.9	-
Long-Term Deferred Tax Liabilities	16.27	10.45	4.81	5.26	-	-
Other Long-Term Liabilities	17.8	17.85	25.21	23.39	15.88	18.81
Total Liabilities	434.17	553.33	370.45	314.51	290.85	300.91
Common Stock	113.25	113.25	113.25	113.25	78.1	58.57
Additional Paid-In Capital	1,231	1,231	1,231	1,231	1,266	507.67
Retained Earnings	-375.46	-369.65	-35.16	252.28	493.61	402.67
Total Common Equity	968.89	974.57	1,309	1,597	1,838	968.91
Minority Interest	1.04	-2.13	1.13	0.79	0.98	-
Shareholders' Equity	969.93	972.44	1,310	1,597	1,839	968.91
Total Liabilities & Equity	1,404	1,526	1,681	1,912	2,130	1,270
Total Debt	91.89	82.62	67.73	39.72	13.42	3.5
Net Cash (Debt)	31.22	105.61	305.94	493.85	827.66	258.58
Net Cash Growth	-89.27%	-65.48%	-38.05%	-40.33%	220.08%	1.61%
Net Cash Per Share	0.27	0.93	2.70	4.37	7.55	3.05
Filing Date Shares Outstanding	113.25	113.25	113.25	113.25	113.25	84.93
Total Common Shares Outstanding	113.25	113.25	113.25	113.25	113.25	84.93
Working Capital	519.81	553.45	896.24	1,213	1,592	766.37
Book Value Per Share	8.56	8.61	11.56	14.10	16.23	11.41
Tangible Book Value	926.15	936.89	1,275	1,559	1,838	968.32
Tangible Book Value Per Share	8.18	8.27	11.26	13.77	16.23	11.40
Buildings	-	267.89	273.3	219.38	193.75	1.86
Machinery	-	55.6	49.64	41.83	25.97	23.44
Construction In Progress	-	56.28	33.24	5.4	-	-

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