GSP Automotive Group Wenzhou Co.,Ltd. (SHA:605088)

SHA:605088 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	987.94	1,260	1,204	629.42	622.34	617.99
Trading Asset Securities	1,131	1,031	724.8	397.47	235.16	340.02
Cash & Short-Term Investments	2,119	2,291	1,929	1,027	857.5	958.01
Cash Growth	10.59%	18.77%	87.82%	19.75%	-10.49%	197.12%
Accounts Receivable	1,237	1,273	831.97	594.69	479.55	388.01
Other Receivables	17.1	92.54	56.07	54.47	74.34	50.69
Receivables	1,255	1,366	888.05	649.17	553.88	438.7
Inventory	846.86	811.36	559.16	622.18	619.71	429.39
Other Current Assets	185.42	94.29	61.27	51.93	38.04	27.16
Total Current Assets	4,406	4,562	3,437	2,350	2,069	1,853
Property, Plant & Equipment	996.32	939.14	665.86	558.7	406.67	339.2
Long-Term Investments	67.58	68.41	60.84	22.97	23	11.1
Other Intangible Assets	341.11	366.98	161.99	132.2	52.35	37.18
Long-Term Deferred Tax Assets	51.51	43.38	29.73	25.91	18.56	9.13
Long-Term Deferred Charges	5.51	2.65	0.28	0.11	-	-
Other Long-Term Assets	45.18	35.63	30.05	48.49	55.57	13.63
Total Assets	5,913	6,018	4,386	3,139	2,625	2,264
Accounts Payable	1,563	1,755	1,080	986.33	844.33	700.06
Accrued Expenses	34.11	176.35	135.2	132.95	82.35	90.21
Short-Term Debt	807.59	872.57	437.96	98.48	-	39.67
Current Portion of Long-Term Debt	123.63	51.41	1.79	-	-	-
Current Portion of Leases	-	25.05	16.34	18.45	17.96	-
Current Income Taxes Payable	27.21	27.88	20.93	12.4	13.37	0.01
Current Unearned Revenue	15.97	13.94	20.44	20.26	22.93	13.18
Other Current Liabilities	163.63	79.52	21.45	36.9	58.78	2.08
Total Current Liabilities	2,735	3,001	1,734	1,306	1,040	845.2
Long-Term Debt	385.83	329.7	513.94	-	-	3.82
Long-Term Leases	59.25	47.82	46.97	56.08	44.69	0.3
Long-Term Unearned Revenue	47.19	43.99	38.64	32.08	27.79	11.23
Long-Term Deferred Tax Liabilities	16.72	18.85	42.06	5.87	1.15	2.51
Other Long-Term Liabilities	-	5.36	37.26	36.64	32.72	27.56
Total Liabilities	3,244	3,447	2,413	1,436	1,146	890.62
Common Stock	182.19	182.09	165.78	165.8	165.82	160
Additional Paid-In Capital	983.91	968.26	703.26	696.02	681.81	610.81
Retained Earnings	1,349	1,265	1,075	873.27	685.12	601.04
Treasury Stock	-52.77	-52.77	-86.31	-31.59	-53.73	-
Comprehensive Income & Other	59.72	60.45	112.33	-1.41	0.18	1.04
Total Common Equity	2,522	2,423	1,970	1,702	1,479	1,373
Minority Interest	146.32	147.58	3.56	-	-	-
Shareholders' Equity	2,669	2,571	1,973	1,702	1,479	1,373
Total Liabilities & Equity	5,913	6,018	4,386	3,139	2,625	2,264
Total Debt	1,376	1,327	1,017	173.02	62.65	43.79
Net Cash (Debt)	742.45	964.19	911.69	853.87	794.85	914.22
Net Cash Growth	-16.07%	5.76%	6.77%	7.43%	-13.06%	277.94%
Net Cash Per Share	3.99	5.40	5.04	5.24	4.95	6.84
Filing Date Shares Outstanding	178.51	178.41	162.55	165.8	165.82	160
Total Common Shares Outstanding	178.51	178.41	162.55	165.8	165.82	160
Working Capital	1,671	1,561	1,703	1,044	1,029	1,008
Book Value Per Share	14.13	13.58	12.12	10.27	8.92	8.58
Tangible Book Value	2,181	2,057	1,808	1,570	1,427	1,336
Tangible Book Value Per Share	12.22	11.53	11.12	9.47	8.61	8.35
Buildings	-	488.9	367.73	336.47	301.97	-
Machinery	-	543.91	476.85	396.63	318.35	-
Construction In Progress	-	289.18	143.86	73.71	26.98	-

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