Suzhou Mingzhi Technology Co., Ltd. (SHA:688355)

Suzhou Mingzhi Technology 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	198.99	117.87	188.96	135.57	167.96	175.85
Short-Term Investments	-	-	11.02	-	-	0.16
Trading Asset Securities	367.74	433.21	390.06	527.63	564.44	-
Cash & Short-Term Investments	566.74	551.08	590.04	663.19	732.4	176.01
Cash Growth	-8.10%	-6.60%	-11.03%	-9.45%	316.12%	20.82%
Accounts Receivable	159.79	166.43	161.56	217.7	242.63	217.08
Other Receivables	1.29	0.57	0.31	0.75	1.09	0.85
Receivables	161.08	167	161.87	218.45	243.72	217.93
Inventory	138.26	139.37	179.96	215.64	163.34	159.43
Prepaid Expenses	-	-	-	-	-	0.65
Other Current Assets	15.41	11.84	16.87	27.3	24.38	12.74
Total Current Assets	881.49	869.28	948.74	1,125	1,164	566.76
Property, Plant & Equipment	318.9	326.94	354.39	253.82	188.59	185.89
Long-Term Investments	69.01	69.01	21.24	11.52	0.9	0.9
Other Intangible Assets	29.1	29.52	26.93	26.24	19.27	19.51
Long-Term Deferred Tax Assets	10.05	10.53	13.45	9.05	5.56	4.53
Long-Term Deferred Charges	12.71	13.15	12.54	3.98	2.39	2.53
Other Long-Term Assets	4.71	6.26	8.83	33.35	24.53	3.48
Total Assets	1,326	1,325	1,386	1,463	1,405	783.58
Accounts Payable	89.99	99.64	107.83	129.76	151.24	107.16
Accrued Expenses	2.42	9.26	10.79	6.7	18.54	19.47
Short-Term Debt	29.26	38.18	73.27	153.95	36.19	72.89
Current Portion of Long-Term Debt	-	-	-	0.08	18.79	-
Current Portion of Leases	0.92	0.87	2.52	0.73	0.09	-
Current Income Taxes Payable	0.8	-	-	-	9.84	5.05
Current Unearned Revenue	79.97	61.88	106.44	74.19	57.63	87.56
Other Current Liabilities	0.5	4.32	5.29	8.31	27.89	11.95
Total Current Liabilities	203.87	214.15	306.15	373.71	320.21	304.09
Long-Term Debt	-	-	-	-	-	20.87
Long-Term Leases	-	-	-	2.48	0.08	0.28
Long-Term Unearned Revenue	3.49	3.4	3.81	3.87	4.02	0.55
Other Long-Term Liabilities	22.54	22.24	16.93	12.58	6.9	3.73
Total Liabilities	229.9	239.79	326.89	392.64	331.21	329.51
Common Stock	123.96	123.96	123.96	123.96	123.08	92.31
Additional Paid-In Capital	677.79	677.59	681.54	677.34	655.97	193.56
Retained Earnings	309.09	295.88	284.77	276.25	288.57	165.21
Treasury Stock	-13.29	-13.29	-30.41	-11.39	-	-
Comprehensive Income & Other	-1.48	0.77	-0.63	3.77	6.25	3
Shareholders' Equity	1,096	1,085	1,059	1,070	1,074	454.07
Total Liabilities & Equity	1,326	1,325	1,386	1,463	1,405	783.58
Total Debt	30.19	39.06	75.79	157.24	55.15	94.03
Net Cash (Debt)	536.55	512.02	514.25	505.96	677.26	81.98
Net Cash Growth	6.66%	-0.43%	1.64%	-25.29%	726.16%	1700.42%
Net Cash Per Share	4.43	4.17	4.21	4.10	6.15	0.89
Filing Date Shares Outstanding	123.42	123.42	122.73	123.45	123.08	92.31
Total Common Shares Outstanding	123.42	123.42	122.73	123.45	123.08	92.31
Working Capital	677.62	655.13	642.6	750.87	843.63	262.67
Book Value Per Share	8.88	8.79	8.63	8.67	8.73	4.92
Tangible Book Value	1,067	1,055	1,032	1,044	1,055	434.57
Tangible Book Value Per Share	8.64	8.55	8.41	8.45	8.57	4.71
Buildings	-	156.38	156.35	89.5	86.16	88.99
Machinery	-	400.44	367.65	291.37	247.84	225.83
Construction In Progress	-	3.83	23.12	42.08	7.12	3.6

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.