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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	318.99	414.02	251.95	647.98	149.7	93.43
Short-Term Investments	-	0.05	-	50	-	-
Trading Asset Securities	265.6	-	110.17	610	-	29.99
Cash & Short-Term Investments	584.58	414.07	362.13	1,308	149.7	123.42
Cash Growth	165.19%	14.34%	-72.31%	773.75%	21.30%	425.62%
Accounts Receivable	480.4	359.44	319.51	232.06	135.26	66.16
Other Receivables	17.51	8.53	17.93	16.87	25.4	14.22
Receivables	497.91	367.97	337.44	248.93	160.66	80.38
Inventory	11.56	10.5	4.69	5.18	6.34	3.62
Prepaid Expenses	-	1.74	-	-	-	-
Other Current Assets	402.53	246.29	150.68	84.96	76.48	46.01
Total Current Assets	1,497	1,041	854.94	1,647	393.18	253.43
Property, Plant & Equipment	4,807	3,588	2,520	1,545	1,097	582.47
Long-Term Investments	85	85	85	50	-	-
Other Intangible Assets	83.86	39.75	40.94	32.06	10.05	1.71
Long-Term Deferred Tax Assets	28.23	23.03	14.88	2.51	1.27	0.43
Long-Term Deferred Charges	65.95	68.41	71.28	74.31	38.09	18.1
Other Long-Term Assets	340.47	74.33	21.08	34.49	29.58	-
Total Assets	6,907	4,919	3,608	3,386	1,569	856.14
Accounts Payable	542.05	95.91	107.99	20.98	13.37	8.64
Accrued Expenses	54.32	45.67	33.58	32.41	28.96	12.38
Short-Term Debt	276.04	170.55	103.3	135.69	102.91	40.55
Current Portion of Long-Term Debt	277.71	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	11.85	9.89	3.54	12.09	13.88	2.54
Current Unearned Revenue	0.29	-	-	-	-	-
Other Current Liabilities	8.69	274.57	154.24	73.92	75.52	82.96
Total Current Liabilities	1,171	786.01	523.01	411.23	395.26	205.52
Long-Term Debt	1,575	1,356	477.26	476.2	166.67	6.97
Long-Term Leases	16.91	19.62	37.92	70.16	90.49	72.18
Long-Term Unearned Revenue	134.32	138.1	111.25	46.76	17.98	4.46
Long-Term Deferred Tax Liabilities	1.8	-	-	1.34	-	-
Total Liabilities	4,055	2,300	1,149	1,006	670.4	289.13
Common Stock	148.94	113.83	113.37	87.21	65.41	61.32
Additional Paid-In Capital	1,980	1,965	1,897	1,888	672.6	476.68
Retained Earnings	704.1	540.48	448.53	404.66	160.95	29
Shareholders' Equity	2,853	2,619	2,459	2,380	898.96	567.01
Total Liabilities & Equity	6,907	4,919	3,608	3,386	1,569	856.14
Total Debt	2,146	1,736	738.84	818.2	520.69	178.15
Net Cash (Debt)	-1,562	-1,322	-376.71	489.78	-370.99	-54.74
Net Cash Per Share	-10.52	-8.96	-2.55	4.19	-3.47	-0.63
Filing Date Shares Outstanding	148.94	147.99	147.39	147.39	110.54	103.63
Total Common Shares Outstanding	148.94	147.99	147.39	147.39	110.54	103.63
Working Capital	325.64	254.56	331.93	1,236	-2.08	47.91
Book Value Per Share	19.15	17.70	16.68	16.15	8.13	5.47
Tangible Book Value	2,769	2,579	2,418	2,348	888.9	565.3
Tangible Book Value Per Share	18.59	17.43	16.40	15.93	8.04	5.45
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.