MayAir Technology (China) Co., Ltd. (SHA:688376)

MayAir Technology (China) 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	580.21	1,013	866.64	1,051	133.36	98.13
Trading Asset Securities	374	-	50.6	-	-	-
Cash & Short-Term Investments	954.21	1,013	917.24	1,051	133.36	98.13
Cash Growth	13.95%	10.40%	-12.71%	687.94%	35.91%	17.34%
Accounts Receivable	1,256	1,172	872.12	720.58	503.35	473.24
Other Receivables	27.29	14.09	12.79	7.78	6.42	1.72
Receivables	1,283	1,186	884.9	728.36	509.77	474.96
Inventory	833.9	591.62	500.15	431.01	341.11	370.86
Other Current Assets	59.5	54.8	31.82	29.95	55.37	23.91
Total Current Assets	3,131	2,845	2,334	2,240	1,040	967.86
Property, Plant & Equipment	640.19	492.67	313.27	187.59	146.1	113.3
Long-Term Investments	0.7	2.18	1.78	2.43	2.83	2.98
Goodwill	2.4	2.4	2.4	2.4	-	-
Other Intangible Assets	247.33	248.74	249.89	46.87	29.88	30.57
Long-Term Accounts Receivable	10.92	11.92	15.84	-	-	-
Long-Term Deferred Tax Assets	26.71	23.03	15.9	11.18	7.58	8.28
Long-Term Deferred Charges	27.9	25.48	12.81	10.22	7.82	5.99
Other Long-Term Assets	41.22	47.24	44.44	31.29	29.67	31.36
Total Assets	4,128	3,699	2,990	2,532	1,263	1,160
Accounts Payable	552.67	584.43	505.88	359.32	293.47	289.61
Accrued Expenses	15.47	77.79	50	48.5	40.18	44.64
Short-Term Debt	342.51	323.69	322.62	366.79	234.08	223.25
Current Portion of Long-Term Debt	296.95	193.36	43.15	17.36	3.48	18.49
Current Portion of Leases	-	18.33	14.17	9.88	6.72	-
Current Income Taxes Payable	10.18	7.42	7.7	6.36	3.32	9.94
Current Unearned Revenue	309.44	176.49	194.4	110.8	111.48	135.32
Other Current Liabilities	72.68	54.64	72.2	69.52	61.05	67.29
Total Current Liabilities	1,600	1,436	1,210	988.52	753.77	788.54
Long-Term Debt	527.76	421.63	100.95	26.74	21.27	10.3
Long-Term Leases	17.91	18.42	20	21.37	16.06	-
Long-Term Unearned Revenue	8.67	8.95	4.95	2.3	1.26	0.48
Long-Term Deferred Tax Liabilities	6.07	6.84	6.01	6.52	-	-
Other Long-Term Liabilities	2.67	2.67	7.7	6.71	6.56	5.04
Total Liabilities	2,163	1,895	1,350	1,052	798.91	804.35
Common Stock	134.4	134.4	134.4	134.4	100.8	100.8
Additional Paid-In Capital	1,049	1,042	1,036	1,036	178.16	178.16
Retained Earnings	660.17	618.25	466.58	306.79	183.72	75.47
Comprehensive Income & Other	-2.81	-2.51	-3.83	-2.31	-0.84	-0.93
Total Common Equity	1,841	1,792	1,634	1,475	461.84	353.5
Minority Interest	124.59	11.62	7.22	4.72	2.74	2.49
Shareholders' Equity	1,965	1,804	1,641	1,480	464.58	355.98
Total Liabilities & Equity	4,128	3,699	2,990	2,532	1,263	1,160
Total Debt	1,185	975.42	500.89	442.13	281.61	252.04
Net Cash (Debt)	-230.92	37.23	416.36	608.69	-148.24	-153.91
Net Cash Growth	-	-91.06%	-31.60%	-	-	-
Net Cash Per Share	-1.72	0.28	3.10	5.89	-1.47	-1.53
Filing Date Shares Outstanding	134.4	134.4	134.4	134.4	100.8	100.8
Total Common Shares Outstanding	134.4	134.4	134.4	134.4	100.8	100.8
Working Capital	1,531	1,409	1,124	1,252	285.85	179.32
Book Value Per Share	13.70	13.34	12.15	10.98	4.58	3.51
Tangible Book Value	1,591	1,541	1,381	1,426	431.96	322.93
Tangible Book Value Per Share	11.84	11.47	10.28	10.61	4.29	3.20
Buildings	-	206.14	116.9	85.88	85.67	86.34
Machinery	-	258.2	131.99	113.5	93.15	75.67
Construction In Progress	-	103.02	116.24	27.78	2.04	1.75

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.