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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	72.6	194.59	290.86	361.29	373.13	205.26
Trading Asset Securities	173.64	58.71	90.31	-	-	-
Cash & Short-Term Investments	246.25	253.3	381.17	361.29	373.13	205.26
Cash Growth	-13.23%	-33.55%	5.50%	-3.17%	81.78%	43.52%
Accounts Receivable	640.64	596.57	468.48	412.1	426.23	247.82
Other Receivables	4.28	3.25	2.08	7.64	1.93	2.02
Receivables	644.92	599.82	470.57	419.74	428.16	249.84
Inventory	270.67	298.38	258.97	244.76	283.6	224.13
Other Current Assets	30.08	15.17	14.05	15.29	19.85	9.19
Total Current Assets	1,192	1,167	1,125	1,041	1,105	688.42
Property, Plant & Equipment	124.59	99.05	104.03	112.51	118.07	12.51
Long-Term Investments	-	160.55	103.55	30.39	-	-
Other Intangible Assets	56.48	58.1	28.33	3.93	2.32	1.35
Long-Term Deferred Tax Assets	33.5	29.07	24.55	19.26	14.84	7.77
Long-Term Deferred Charges	2.89	4.06	7.82	10.48	8.87	7.42
Other Long-Term Assets	78.09	3.99	14.94	-	-	-
Total Assets	1,487	1,521	1,408	1,218	1,249	717.47
Accounts Payable	390.31	312.58	211.27	130.66	162.89	119.19
Accrued Expenses	16.42	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	0.69	2.22	3.58	0.53	0.53	-
Current Income Taxes Payable	13.64	3.05	8.28	-	9.01	9.2
Current Unearned Revenue	95.68	89.6	69.97	83.33	130.34	91.12
Other Current Liabilities	7.5	64.59	61.04	43.82	38.17	32.02
Total Current Liabilities	524.24	616.11	517.47	365.94	415.43	323.15
Long-Term Leases	11.93	0.5	1.73	0.68	0.65	-
Long-Term Unearned Revenue	16.8	17.47	18.36	19.23	16.04	0.01
Long-Term Deferred Tax Liabilities	0	0.01	-	0.56	0.22	-
Total Liabilities	612.56	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	372.27	431.21	419.37	402.87	395.46	51.38
Retained Earnings	269.6	301.39	296.15	273.04	268	228.14
Total Common Equity	873.52	886.73	869.03	829.41	816.5	394.31
Minority Interest	1.37	0.67	1.39	1.82	-	-
Shareholders' Equity	874.89	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	72.22	7.13	55.34	31.24	1.18	22.29
Net Cash (Debt)	174.03	246.17	325.83	330.04	371.94	182.97
Net Cash Growth	-4.52%	-24.45%	-1.28%	-11.27%	103.28%	27.93%
Net Cash Per Share	0.77	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	667.68	550.56	607.3	675.15	689.32	365.27
Book Value Per Share	3.77	3.86	3.80	3.63	3.58	2.22
Tangible Book Value	817.04	828.64	840.7	825.49	814.19	392.96
Tangible Book Value Per Share	3.53	3.61	3.68	3.61	3.57	2.22
Buildings	-	98.49	98.49	102.2	100.73	3.71
Machinery	-	48.68	42.87	38.57	30.08	19.37
Construction In Progress	-	-	-	-	3.13	-

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