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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	196.93	194.59	290.86	361.29	373.13	205.26
Trading Asset Securities	91.65	58.71	90.31	-	-	-
Cash & Short-Term Investments	288.58	253.3	381.17	361.29	373.13	205.26
Cash Growth	-18.20%	-33.55%	5.50%	-3.17%	81.78%	43.52%
Accounts Receivable	492.16	596.57	468.48	412.1	426.23	247.82
Other Receivables	6.07	3.25	2.08	7.64	1.93	2.02
Receivables	498.23	599.82	470.57	419.74	428.16	249.84
Inventory	374.95	298.38	258.97	244.76	283.6	224.13
Other Current Assets	38.81	15.17	14.05	15.29	19.85	9.19
Total Current Assets	1,201	1,167	1,125	1,041	1,105	688.42
Property, Plant & Equipment	97.12	99.05	104.03	112.51	118.07	12.51
Long-Term Investments	-	160.55	103.55	30.39	-	-
Other Intangible Assets	57.53	58.1	28.33	3.93	2.32	1.35
Long-Term Deferred Tax Assets	25.61	29.07	24.55	19.26	14.84	7.77
Long-Term Deferred Charges	3.06	4.06	7.82	10.48	8.87	7.42
Other Long-Term Assets	166.61	3.99	14.94	-	-	-
Total Assets	1,550	1,521	1,408	1,218	1,249	717.47
Accounts Payable	424.22	312.58	211.27	130.66	162.89	119.19
Accrued Expenses	9.58	139.66	113.29	77.57	74.49	49.34
Short-Term Debt	60	4.41	50.04	30.03	-	22.29
Current Portion of Leases	2.05	2.22	3.58	0.53	0.53	-
Current Income Taxes Payable	8.67	3.05	8.28	-	9.01	9.2
Current Unearned Revenue	139.39	89.6	69.97	83.33	130.34	91.12
Other Current Liabilities	8.51	64.59	61.04	43.82	38.17	32.02
Total Current Liabilities	652.42	616.11	517.47	365.94	415.43	323.15
Long-Term Leases	0.91	0.5	1.73	0.68	0.65	-
Long-Term Unearned Revenue	17.25	17.47	18.36	19.23	16.04	0.01
Long-Term Deferred Tax Liabilities	-	0.01	-	0.56	0.22	-
Total Liabilities	670.58	634.09	537.55	386.41	432.34	323.16
Common Stock	154.13	154.13	153.51	153.51	153.05	114.78
Additional Paid-In Capital	436.14	431.21	419.37	402.87	395.46	51.38
Retained Earnings	290.27	301.39	296.15	273.04	268	228.14
Total Common Equity	880.54	886.73	869.03	829.41	816.5	394.31
Minority Interest	-0.62	0.67	1.39	1.82	-	-
Shareholders' Equity	879.92	887.4	870.42	831.24	816.5	394.31
Total Liabilities & Equity	1,550	1,521	1,408	1,218	1,249	717.47
Total Debt	62.96	7.13	55.34	31.24	1.18	22.29
Net Cash (Debt)	225.62	246.17	325.83	330.04	371.94	182.97
Net Cash Growth	-24.89%	-24.45%	-1.28%	-11.27%	103.28%	27.93%
Net Cash Per Share	0.95	1.09	1.42	1.42	1.77	1.07
Filing Date Shares Outstanding	229.66	229.66	228.73	228.73	228.04	177.22
Total Common Shares Outstanding	229.66	229.66	228.73	228.73	228.04	177.22
Working Capital	548.15	550.56	607.3	675.15	689.32	365.27
Book Value Per Share	3.83	3.86	3.80	3.63	3.58	2.22
Tangible Book Value	823.01	828.64	840.7	825.49	814.19	392.96
Tangible Book Value Per Share	3.58	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.