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	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	247.86	193.62	484.29	616.84	557.34
Short-Term Investments	-	-	-	-	170.75
Trading Asset Securities	18.63	162.44	20.23	6.01	-
Cash & Short-Term Investments	266.48	356.07	504.52	622.84	728.1
Cash Growth	-25.16%	-29.42%	-19.00%	-14.46%	535.10%
Accounts Receivable	422.93	343.5	236.31	285.65	244.18
Other Receivables	4.14	2.83	2.78	2.4	2.94
Receivables	427.07	346.33	239.09	288.05	247.12
Inventory	134.09	83.25	67.77	64.52	41.6
Other Current Assets	16.57	22.47	21.05	19.69	6.29
Total Current Assets	844.21	808.11	832.43	995.1	1,023
Property, Plant & Equipment	780.52	597.51	424.25	246.89	165.04
Long-Term Investments	57.45	17.11	18.54	19.7	5.09
Goodwill	16.4	10.29	10.29	10.29	3.24
Other Intangible Assets	75.93	32	32.83	34.71	33.96
Long-Term Deferred Tax Assets	16.49	4.86	4.56	2.49	2.07
Long-Term Deferred Charges	12.74	14.39	10.76	5.42	5.96
Other Long-Term Assets	3.53	87.69	78.01	29.82	4.1
Total Assets	1,807	1,572	1,412	1,344	1,243
Accounts Payable	138.03	119.91	79.83	99.98	100.73
Accrued Expenses	36.52	29	25.89	19.93	20.94
Short-Term Debt	131.23	59.5	0.51	-	0.15
Current Portion of Long-Term Debt	1.29	-	-	-	-
Current Portion of Leases	5.62	4.28	3.68	1.23	-
Current Income Taxes Payable	6.4	0.64	-	0.17	-
Current Unearned Revenue	8.86	0.63	0.45	0.17	0.05
Other Current Liabilities	86.49	30.1	12.9	9.02	9.58
Total Current Liabilities	414.43	244.04	123.26	130.51	131.44
Long-Term Debt	7.31	-	-	-	-
Long-Term Leases	10.08	12.63	14.31	5.38	-
Long-Term Unearned Revenue	26.57	7.73	9.06	9.74	10.07
Long-Term Deferred Tax Liabilities	0.6	0.97	1.09	0.05	0.02
Total Liabilities	458.99	265.38	147.72	145.67	141.53
Common Stock	111.74	111.74	79.81	79.6	79.6
Additional Paid-In Capital	769.34	785.71	830.23	818.53	798.73
Retained Earnings	456.39	394.49	338.13	285.27	214.14
Treasury Stock	-16.01	-	-	-	-
Comprehensive Income & Other	0.32	-0.22	0.31	0.17	2.83
Total Common Equity	1,322	1,292	1,248	1,184	1,095
Minority Interest	26.52	14.84	15.46	15.18	5.75
Shareholders' Equity	1,348	1,307	1,264	1,199	1,101
Total Liabilities & Equity	1,807	1,572	1,412	1,344	1,243
Total Debt	155.53	76.41	18.51	6.61	0.15
Net Cash (Debt)	110.96	279.66	486.01	616.24	727.95
Net Cash Growth	-60.32%	-42.46%	-21.13%	-15.35%	563.36%
Net Cash Per Share	0.72	1.80	3.16	3.97	5.37
Filing Date Shares Outstanding	155.83	156.43	156.43	156.02	156.02
Total Common Shares Outstanding	155.83	156.43	156.43	156.02	156.02
Working Capital	429.78	564.06	709.17	864.59	891.68
Book Value Per Share	8.48	8.26	7.98	7.59	7.02
Tangible Book Value	1,229	1,249	1,205	1,139	1,058
Tangible Book Value Per Share	7.89	7.99	7.71	7.30	6.78
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.