Sokan New Materials Group Co., Ltd. (SHA:688157)

Sokan New Materials Group 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	306.83	247.86	193.62	484.29	616.84	557.34
Short-Term Investments	-	-	-	-	-	170.75
Trading Asset Securities	18.14	18.63	162.44	20.23	6.01	-
Cash & Short-Term Investments	324.97	266.48	356.07	504.52	622.84	728.1
Cash Growth	9.87%	-25.16%	-29.42%	-19.00%	-14.46%	535.10%
Accounts Receivable	377.8	422.93	343.5	236.31	285.65	244.18
Other Receivables	7.31	4.14	2.83	2.78	2.4	2.94
Receivables	385.11	427.07	346.33	239.09	288.05	247.12
Inventory	147.61	134.09	83.25	67.77	64.52	41.6
Other Current Assets	22	16.57	22.47	21.05	19.69	6.29
Total Current Assets	879.69	844.21	808.11	832.43	995.1	1,023
Property, Plant & Equipment	782.41	780.52	597.51	424.25	246.89	165.04
Long-Term Investments	58.21	57.45	17.11	18.54	19.7	5.09
Goodwill	16.4	16.4	10.29	10.29	10.29	3.24
Other Intangible Assets	74.76	75.93	32	32.83	34.71	33.96
Long-Term Deferred Tax Assets	16.73	16.49	4.86	4.56	2.49	2.07
Long-Term Deferred Charges	12.77	12.74	14.39	10.76	5.42	5.96
Other Long-Term Assets	26.45	3.53	87.69	78.01	29.82	4.1
Total Assets	1,867	1,807	1,572	1,412	1,344	1,243
Accounts Payable	128.94	138.03	119.91	79.83	99.98	100.73
Accrued Expenses	14.63	36.52	29	25.89	19.93	20.94
Short-Term Debt	174.9	131.23	59.5	0.51	-	0.15
Current Portion of Long-Term Debt	-	1.29	-	-	-	-
Current Portion of Leases	5.73	5.62	4.28	3.68	1.23	-
Current Income Taxes Payable	6.94	6.4	0.64	-	0.17	-
Current Unearned Revenue	10.11	8.86	0.63	0.45	0.17	0.05
Other Current Liabilities	126.43	86.49	30.1	12.9	9.02	9.58
Total Current Liabilities	467.68	414.43	244.04	123.26	130.51	131.44
Long-Term Debt	9.58	7.31	-	-	-	-
Long-Term Leases	10.1	10.08	12.63	14.31	5.38	-
Long-Term Unearned Revenue	26.46	26.57	7.73	9.06	9.74	10.07
Long-Term Deferred Tax Liabilities	0.59	0.6	0.97	1.09	0.05	0.02
Total Liabilities	514.4	458.99	265.38	147.72	145.67	141.53
Common Stock	111.74	111.74	111.74	79.81	79.6	79.6
Additional Paid-In Capital	773.41	769.34	785.71	830.23	818.53	798.73
Retained Earnings	460.2	456.39	394.49	338.13	285.27	214.14
Treasury Stock	-16.01	-16.01	-	-	-	-
Comprehensive Income & Other	0.92	0.32	-0.22	0.31	0.17	2.83
Total Common Equity	1,330	1,322	1,292	1,248	1,184	1,095
Minority Interest	22.76	26.52	14.84	15.46	15.18	5.75
Shareholders' Equity	1,353	1,348	1,307	1,264	1,199	1,101
Total Liabilities & Equity	1,867	1,807	1,572	1,412	1,344	1,243
Total Debt	200.3	155.53	76.41	18.51	6.61	0.15
Net Cash (Debt)	124.67	110.96	279.66	486.01	616.24	727.95
Net Cash Growth	-19.55%	-60.32%	-42.46%	-21.13%	-15.35%	563.36%
Net Cash Per Share	1.08	1.00	2.52	4.43	5.56	7.52
Filing Date Shares Outstanding	111.31	111.31	111.74	111.74	111.44	111.44
Total Common Shares Outstanding	111.31	111.31	111.74	111.74	111.44	111.44
Working Capital	412.01	429.78	564.06	709.17	864.59	891.68
Book Value Per Share	11.95	11.87	11.56	11.17	10.62	9.83
Tangible Book Value	1,239	1,229	1,249	1,205	1,139	1,058
Tangible Book Value Per Share	11.13	11.05	11.18	10.79	10.22	9.49
Buildings	-	681.14	245.92	101.57	101.57	101.07
Machinery	-	205.07	140.17	121.87	98.55	74.21
Construction In Progress	-	10.27	298	274.16	121.68	61.77

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