Jiaxing ZMAX Optech Co., Ltd. (SHA:688307)

Jiaxing ZMAX Optech 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	411.7	432.01	462.16	21.72	35.22	23.12
Trading Asset Securities	-	45.55	-	-	-	-
Cash & Short-Term Investments	411.7	477.56	462.16	21.72	35.22	23.12
Cash Growth	144.17%	3.33%	2027.82%	-38.33%	52.30%	-39.26%
Accounts Receivable	236.58	115.86	134.4	162	167.8	168.24
Other Receivables	1.85	0.32	0.47	5.68	0.31	0.38
Receivables	238.43	116.18	134.88	167.68	168.11	168.62
Inventory	170.41	99.32	91.55	103.2	102.63	75.82
Prepaid Expenses	-	-	-	0.46	-	-
Other Current Assets	20.06	8.12	5.02	2.89	1.99	1.43
Total Current Assets	840.6	701.18	693.6	295.95	307.94	269
Property, Plant & Equipment	467.27	275.34	237.99	228.34	201.19	185.92
Long-Term Investments	16.64	17.27	-	-	-	-
Goodwill	56.1	1.6	1.6	1.6	1.6	1.6
Other Intangible Assets	52.44	28.6	28.56	29.42	30.29	16.7
Long-Term Deferred Tax Assets	14.53	9.46	9.11	8.16	8.14	7.77
Long-Term Deferred Charges	15.91	10.23	11.29	12.42	9.91	0.6
Other Long-Term Assets	23.98	8.26	35.38	4.52	10.53	10
Total Assets	1,487	1,052	1,018	580.42	569.61	491.6
Accounts Payable	242.03	119.58	90.76	79.67	141.3	103.01
Accrued Expenses	26.44	22.02	23.21	23.28	19.49	15.23
Short-Term Debt	39.71	0.9	-	42.24	11.01	6.01
Current Portion of Long-Term Debt	4.31	0.41	0.45	1.47	0.49	0.54
Current Portion of Leases	-	0.45	0.12	0.12	0.16	0.16
Current Income Taxes Payable	2.8	2.53	0.67	2.06	2.2	4.16
Current Unearned Revenue	7.06	6.69	6.88	3.75	6.1	4.57
Other Current Liabilities	8.3	6.22	5.05	21.38	21.67	27.5
Total Current Liabilities	330.63	158.8	127.14	173.98	202.43	161.18
Long-Term Debt	130.68	3.74	24.31	10.12	6.96	4.88
Long-Term Leases	3.29	1.49	0.21	0.17	0.42	0.24
Long-Term Unearned Revenue	24.14	23.75	24.32	24.99	22	15.2
Long-Term Deferred Tax Liabilities	7.01	0.37	0.05	0.04	0.07	0.17
Other Long-Term Liabilities	0.3	0.15	-	-	-	-
Total Liabilities	496.05	188.31	176.03	209.29	231.89	181.68
Common Stock	88.77	88	88	66	66	66
Additional Paid-In Capital	673.15	659.14	654.38	224.07	218.21	211.69
Retained Earnings	123.93	115.11	96.88	78.15	50.23	27.48
Comprehensive Income & Other	-0.76	-1.61	-0.96	-0.86	-0.47	0.22
Total Common Equity	885.1	860.64	838.3	367.36	333.98	305.4
Minority Interest	106.32	2.98	3.2	3.77	3.74	4.52
Shareholders' Equity	991.41	863.63	841.51	371.13	337.72	309.92
Total Liabilities & Equity	1,487	1,052	1,018	580.42	569.61	491.6
Total Debt	177.99	6.99	25.09	54.12	19.06	11.84
Net Cash (Debt)	233.72	470.57	437.07	-32.4	16.16	11.28
Net Cash Growth	43.85%	7.66%	-	-	43.27%	-
Net Cash Per Share	2.66	5.37	5.17	-0.49	0.24	0.17
Filing Date Shares Outstanding	88.77	88	88	66	66	66
Total Common Shares Outstanding	88.77	88	88	66	66	66
Working Capital	509.97	542.38	566.46	121.97	105.51	107.83
Book Value Per Share	9.97	9.78	9.53	5.57	5.06	4.63
Tangible Book Value	776.56	830.44	808.15	336.34	302.09	287.09
Tangible Book Value Per Share	8.75	9.44	9.18	5.10	4.58	4.35
Buildings	-	125.05	125.77	125.41	125.95	126.78
Machinery	-	208.59	186.31	175.15	149.14	114.73
Construction In Progress	-	80.64	46.36	30.11	10.6	14.16

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