Zhiyang Innovation Technology Co., Ltd. (SHA:688191)

SHA:688191 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	145.77	194.59	290.86	361.29	373.13	205.26
Trading Asset Securities	84.08	58.71	90.31	-	-	-
Cash & Short-Term Investments	229.84	253.3	381.17	361.29	373.13	205.26
Cash Growth	-40.48%	-33.55%	5.50%	-3.17%	81.78%	43.52%
Accounts Receivable	597.03	596.57	468.48	412.1	426.23	247.82
Other Receivables	3.98	3.25	2.08	7.64	1.93	2.02
Receivables	601.01	599.82	470.57	419.74	428.16	249.84
Inventory	299.9	298.38	258.97	244.76	283.6	224.13
Other Current Assets	25.34	15.17	14.05	15.29	19.85	9.19
Total Current Assets	1,156	1,167	1,125	1,041	1,105	688.42
Property, Plant & Equipment	106.69	99.05	104.03	112.51	118.07	12.51
Long-Term Investments	130.04	160.55	103.55	30.39	-	-
Other Intangible Assets	56.99	58.1	28.33	3.93	2.32	1.35
Long-Term Deferred Tax Assets	32.82	29.07	24.55	19.26	14.84	7.77
Long-Term Deferred Charges	2.17	4.06	7.82	10.48	8.87	7.42
Other Long-Term Assets	2.34	3.99	14.94	-	-	-
Total Assets	1,487	1,521	1,408	1,218	1,249	717.47
Accounts Payable	292.93	312.58	211.27	130.66	162.89	119.19
Accrued Expenses	97.65	139.66	113.29	77.57	74.49	49.34
Short-Term Debt	-	4.41	50.04	30.03	-	22.29
Current Portion of Leases	3.54	2.22	3.58	0.53	0.53	-
Current Income Taxes Payable	6	3.05	8.28	-	9.01	9.2
Current Unearned Revenue	91.34	89.6	69.97	83.33	130.34	91.12
Other Current Liabilities	69.98	64.59	61.04	43.82	38.17	32.02
Total Current Liabilities	561.48	616.11	517.47	365.94	415.43	323.15
Long-Term Leases	3.6	0.5	1.73	0.68	0.65	-
Long-Term Unearned Revenue	17.03	17.47	18.36	19.23	16.04	0.01
Long-Term Deferred Tax Liabilities	0	0.01	-	0.56	0.22	-
Total Liabilities	642.09	634.09	537.55	386.41	432.34	323.16
Common Stock	231.65	154.13	153.51	153.51	153.05	114.78
Additional Paid-In Capital	370.6	431.21	419.37	402.87	395.46	51.38
Retained Earnings	242.73	301.39	296.15	273.04	268	228.14
Total Common Equity	844.98	886.73	869.03	829.41	816.5	394.31
Minority Interest	0.07	0.67	1.39	1.82	-	-
Shareholders' Equity	845.05	887.4	870.42	831.24	816.5	394.31
Total Liabilities & Equity	1,487	1,521	1,408	1,218	1,249	717.47
Total Debt	67.17	7.13	55.34	31.24	1.18	22.29
Net Cash (Debt)	162.67	246.17	325.83	330.04	371.94	182.97
Net Cash Growth	-35.83%	-24.45%	-1.28%	-11.27%	103.28%	27.93%
Net Cash Per Share	0.72	1.09	1.42	1.42	1.77	1.07
Filing Date Shares Outstanding	231.65	229.66	228.73	228.73	228.04	177.22
Total Common Shares Outstanding	231.65	229.66	228.73	228.73	228.04	177.22
Working Capital	594.62	550.56	607.3	675.15	689.32	365.27
Book Value Per Share	3.65	3.86	3.80	3.63	3.58	2.22
Tangible Book Value	788	828.64	840.7	825.49	814.19	392.96
Tangible Book Value Per Share	3.40	3.61	3.68	3.61	3.57	2.22
Buildings	98.49	98.49	98.49	102.2	100.73	3.71
Machinery	52.14	48.68	42.87	38.57	30.08	19.37
Construction In Progress	6.23	-	-	-	3.13	-

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