Aofu Environmental Technology Co.,Ltd. (SHA:688021)

SHA:688021 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	55.74	49.73	105.42	220.61	296.62	261.08
Short-Term Investments	-	-	55.77	32.62	55.77	-
Trading Asset Securities	4.52	-	-	-	7.09	166.77
Cash & Short-Term Investments	60.26	49.73	161.19	253.23	359.48	427.85
Cash Growth	-31.08%	-69.15%	-36.35%	-29.55%	-15.98%	-4.26%
Accounts Receivable	162.07	139.16	197.26	108.64	231.86	224.59
Other Receivables	0.77	0.36	0.61	0.92	0.93	0.79
Receivables	162.84	139.52	197.87	109.56	232.79	225.38
Inventory	206.61	237.98	311.8	303.64	228.55	179.98
Prepaid Expenses	-	0.28	1.59	-	1.1	0.66
Other Current Assets	38.43	28.54	26.67	30.86	26	13.2
Total Current Assets	468.14	456.03	699.13	697.29	847.92	847.07
Property, Plant & Equipment	596.15	629.42	667.69	634.88	470.19	310.79
Long-Term Investments	8	8	4.88	4.08	4.08	4.08
Other Intangible Assets	55.49	56.83	58.7	58.24	44.52	32.62
Long-Term Deferred Tax Assets	23.89	23.71	22.89	18.37	10.93	8.67
Long-Term Deferred Charges	0.35	0.53	0.82	0.58	0.21	0.02
Other Long-Term Assets	18.14	15.67	25.75	27.32	53.2	14.94
Total Assets	1,170	1,190	1,480	1,441	1,431	1,218
Accounts Payable	34.52	23.15	93.91	63.88	158.75	109.56
Accrued Expenses	4.57	9.41	6.18	5.65	14.99	13.49
Short-Term Debt	82.61	84.13	221.97	209.01	188.23	121.34
Current Portion of Long-Term Debt	43.43	38.28	30.07	16.97	0.01	-
Current Portion of Leases	-	1.84	2.29	2.22	2.62	-
Current Income Taxes Payable	2.93	-	0.01	0.14	0.68	0.4
Current Unearned Revenue	1.83	5.44	2.71	7.52	15.17	18.04
Other Current Liabilities	25.9	29.87	43.02	39.22	53.15	3.88
Total Current Liabilities	195.79	192.12	400.17	344.62	433.61	266.72
Long-Term Debt	72.39	94.58	112.33	117.6	9.96	9.98
Long-Term Leases	1.73	2.89	-	4.33	1.21	-
Long-Term Unearned Revenue	37.13	37.17	41.07	41.13	32.25	22.12
Long-Term Deferred Tax Liabilities	0.08	0.07	0.08	0.07	0.01	-
Other Long-Term Liabilities	-	-	-	0.11	0.15	2.36
Total Liabilities	307.12	326.84	553.64	507.86	477.2	301.18
Common Stock	76.41	76.41	77.28	77.28	77.28	77.28
Additional Paid-In Capital	614.22	614.22	628.01	624.34	612.61	612.61
Retained Earnings	167.04	167.11	211.08	219	246.93	205.97
Total Common Equity	857.67	857.74	916.37	920.62	936.83	895.87
Minority Interest	5.37	5.62	9.84	12.27	17.03	21.14
Shareholders' Equity	863.04	863.36	926.21	932.9	953.85	917.01
Total Liabilities & Equity	1,170	1,190	1,480	1,441	1,431	1,218
Total Debt	200.17	221.71	366.66	350.13	202.04	131.32
Net Cash (Debt)	-139.91	-171.98	-205.46	-96.9	157.44	296.53
Net Cash Growth	-	-	-	-	-46.91%	-11.92%
Net Cash Per Share	-1.83	-2.31	-2.59	-1.24	2.03	3.85
Filing Date Shares Outstanding	76.41	76.41	77.28	77.28	77.28	77.28
Total Common Shares Outstanding	76.41	76.41	77.28	77.28	77.28	77.28
Working Capital	272.36	263.92	298.97	352.67	414.31	580.34
Book Value Per Share	11.22	11.22	11.86	11.91	12.12	11.59
Tangible Book Value	802.19	800.91	857.67	862.38	892.3	863.25
Tangible Book Value Per Share	10.50	10.48	11.10	11.16	11.55	11.17
Buildings	-	292.81	275.9	227.3	166.96	137.22
Machinery	-	485.14	517.21	391.27	268.24	205.48
Construction In Progress	-	80.3	70.18	157.81	138.9	51.35

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.