Chengdu M&S Electronics Technology Co.,Ltd. (SHA:688311)

SHA:688311 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	166.87	333.38	598.91	576.1	914.8	579.2
Trading Asset Securities	171.73	-	-	-	-	464.08
Cash & Short-Term Investments	338.6	333.38	598.91	576.1	914.8	1,043
Cash Growth	-28.02%	-44.34%	3.96%	-37.02%	-12.31%	596.31%
Accounts Receivable	522.55	532.12	635.21	661.33	599.72	487.76
Other Receivables	1.78	2.38	2.47	2.45	3.82	1.31
Receivables	524.33	534.5	637.67	663.77	603.54	489.07
Inventory	320.27	329.14	342.04	264.71	167.73	122.97
Prepaid Expenses	-	2.38	2.38	0.01	0.38	-
Other Current Assets	58.97	49.35	45.69	56.04	17.33	21.79
Total Current Assets	1,242	1,249	1,627	1,561	1,704	1,677
Property, Plant & Equipment	589.72	605.12	873.72	792.11	562.64	340.4
Long-Term Investments	103.34	103.53	76.43	86.03	87.11	61.99
Goodwill	-	-	79.11	79.11	79.11	-
Other Intangible Assets	37.36	38.66	51.38	49.78	53.63	43.58
Long-Term Deferred Tax Assets	85.46	83.49	51.6	38.18	19.84	12.19
Long-Term Deferred Charges	-	-	0.03	0.08	0.13	1.45
Other Long-Term Assets	211.54	211.6	6.47	19.63	7.71	-
Total Assets	2,270	2,291	2,765	2,626	2,514	2,137
Accounts Payable	250.11	270.75	389.48	406.22	278.11	222.05
Accrued Expenses	7.67	18.01	20.26	22.8	35.5	34.65
Short-Term Debt	53.35	20.02	55	65	25	20
Current Portion of Long-Term Debt	25.7	25.26	26.2	30.3	30.3	-
Current Portion of Leases	-	0.37	1.13	1.34	0.8	0.2
Current Income Taxes Payable	0.47	-	3.47	12.85	17.2	12.26
Current Unearned Revenue	4.03	4.59	3.71	16.08	4.35	16.11
Other Current Liabilities	39.63	48.16	99.57	115.83	98.92	41.36
Total Current Liabilities	380.96	387.17	598.82	670.43	490.18	346.63
Long-Term Debt	153.5	152.87	319.2	105.9	149.7	99
Long-Term Leases	0.06	0.11	0.72	1.86	3.43	0.36
Long-Term Unearned Revenue	72.46	73.79	79.56	69.01	46.66	46.29
Long-Term Deferred Tax Liabilities	-	-	10.45	1.08	3.1	-
Total Liabilities	606.97	613.93	1,009	848.28	693.08	492.28
Common Stock	168.04	168.73	160.56	115.05	114.67	114.67
Additional Paid-In Capital	1,438	1,477	1,310	1,362	1,348	1,348
Retained Earnings	-43.37	-28.33	243.32	300.61	315.99	181.56
Treasury Stock	-	-40.03	-42.01	-45.17	-	-
Comprehensive Income & Other	52.7	52.12	33.29	1.84	-	-
Total Common Equity	1,615	1,630	1,705	1,734	1,779	1,644
Minority Interest	47.41	47.57	51.32	43.33	42.01	-
Shareholders' Equity	1,663	1,677	1,757	1,777	1,821	1,644
Total Liabilities & Equity	2,270	2,291	2,765	2,626	2,514	2,137
Total Debt	232.61	198.63	402.25	204.39	209.24	119.56
Net Cash (Debt)	105.99	134.74	196.66	371.71	705.56	923.72
Net Cash Growth	60.68%	-31.48%	-47.09%	-47.32%	-23.62%	1861.16%
Net Cash Per Share	0.65	0.84	1.50	2.41	4.42	6.72
Filing Date Shares Outstanding	168.04	168.04	177.11	160.1	160.54	160.54
Total Common Shares Outstanding	168.04	168.04	177.11	160.1	160.54	160.54
Working Capital	861.22	861.58	1,028	890.21	1,214	1,330
Book Value Per Share	9.61	9.70	9.63	10.83	11.08	10.24
Tangible Book Value	1,578	1,591	1,575	1,605	1,646	1,601
Tangible Book Value Per Share	9.39	9.47	8.89	10.03	10.25	9.97
Buildings	-	439.24	629.11	367.56	21.91	-
Machinery	-	319.14	340.49	200.42	101.24	-
Construction In Progress	-	5.28	14.86	275.61	516.66	-

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