Shanghai V-Test Semiconductor Tech. Co., Ltd. (SHA:688372)

SHA:688372 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	267.09	414.02	251.95	647.98	149.7	93.43
Short-Term Investments	-	0.05	-	50	-	-
Trading Asset Securities	45.99	-	110.17	610	-	29.99
Cash & Short-Term Investments	313.09	414.07	362.13	1,308	149.7	123.42
Cash Growth	30.99%	14.34%	-72.31%	773.75%	21.30%	425.62%
Accounts Receivable	312.43	359.44	319.51	232.06	135.26	66.16
Other Receivables	9.83	8.53	17.93	16.87	25.4	14.22
Receivables	322.27	367.97	337.44	248.93	160.66	80.38
Inventory	7.37	10.5	4.69	5.18	6.34	3.62
Prepaid Expenses	-	1.74	-	-	-	-
Other Current Assets	270.69	246.29	150.68	84.96	76.48	46.01
Total Current Assets	913.42	1,041	854.94	1,647	393.18	253.43
Property, Plant & Equipment	3,774	3,588	2,520	1,545	1,097	582.47
Long-Term Investments	85	85	85	50	-	-
Other Intangible Assets	39.19	39.75	40.94	32.06	10.05	1.71
Long-Term Deferred Tax Assets	22.61	23.03	14.88	2.51	1.27	0.43
Long-Term Deferred Charges	68.33	68.41	71.28	74.31	38.09	18.1
Other Long-Term Assets	271.55	74.33	21.08	34.49	29.58	-
Total Assets	5,174	4,919	3,608	3,386	1,569	856.14
Accounts Payable	393.33	95.91	107.99	20.98	13.37	8.64
Accrued Expenses	28.68	45.67	33.58	32.41	28.96	12.38
Short-Term Debt	260.05	170.55	103.3	135.69	102.91	40.55
Current Portion of Long-Term Debt	239.9	176.2	108.9	72.5	56.07	3.47
Current Portion of Leases	-	13.21	11.45	63.64	104.55	54.98
Current Income Taxes Payable	1.57	9.89	3.54	12.09	13.88	2.54
Other Current Liabilities	2.66	274.57	154.24	73.92	75.52	82.96
Total Current Liabilities	926.19	786.01	523.01	411.23	395.26	205.52
Long-Term Debt	1,443	1,356	477.26	476.2	166.67	6.97
Long-Term Leases	15.63	19.62	37.92	70.16	90.49	72.18
Long-Term Unearned Revenue	133.39	138.1	111.25	46.76	17.98	4.46
Long-Term Deferred Tax Liabilities	-	-	-	1.34	-	-
Total Liabilities	2,518	2,300	1,149	1,006	670.4	289.13
Common Stock	113.83	113.83	113.37	87.21	65.41	61.32
Additional Paid-In Capital	1,976	1,965	1,897	1,888	672.6	476.68
Retained Earnings	566.4	540.48	448.53	404.66	160.95	29
Shareholders' Equity	2,656	2,619	2,459	2,380	898.96	567.01
Total Liabilities & Equity	5,174	4,919	3,608	3,386	1,569	856.14
Total Debt	1,959	1,736	738.84	818.2	520.69	178.15
Net Cash (Debt)	-1,646	-1,322	-376.71	489.78	-370.99	-54.74
Net Cash Per Share	-14.48	-11.65	-3.32	5.45	-4.51	-0.82
Filing Date Shares Outstanding	113.83	113.83	113.37	113.37	85.03	79.72
Total Common Shares Outstanding	113.83	113.83	113.37	113.37	85.03	79.72
Working Capital	-12.77	254.56	331.93	1,236	-2.08	47.91
Book Value Per Share	23.33	23.01	21.69	20.99	10.57	7.11
Tangible Book Value	2,617	2,579	2,418	2,348	888.9	565.3
Tangible Book Value Per Share	22.99	22.66	21.33	20.71	10.45	7.09
Buildings	-	271.12	19.5	19.5	18.19	-
Machinery	-	3,416	2,428	1,542	800.32	404.11
Construction In Progress	-	669.82	514.14	119.44	109.63	95.81

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