SBT Ultrasonic Technology Co., Ltd. (SHA:688392)

SBT Ultrasonic 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	848.45	852.37	1,249	959.28	101.33	51.38
Trading Asset Securities	298.4	311.56	266.55	563.32	50.92	8.05
Cash & Short-Term Investments	1,147	1,164	1,516	1,523	152.25	59.42
Cash Growth	-16.86%	-23.21%	-0.45%	900.09%	156.21%	530.64%
Accounts Receivable	527.71	506.65	295.97	238.25	196.17	57.64
Other Receivables	20.75	16.01	1.98	2.09	0.13	0.03
Receivables	548.46	522.66	297.96	240.34	196.3	61.61
Inventory	213.98	174.09	226.52	258.65	187.05	91.67
Prepaid Expenses	-	-	-	-	0.71	0.79
Other Current Assets	11.61	12.67	10.78	10.51	22.55	6.15
Total Current Assets	1,921	1,873	2,051	2,032	558.86	219.65
Property, Plant & Equipment	74.4	69.84	65.82	59.48	41.9	22.94
Long-Term Investments	33.63	24.81	11.32	10	-	-
Other Intangible Assets	124.19	125.04	20.24	19.74	12.9	12.68
Long-Term Accounts Receivable	-	1.12	1.24	1.88	3.64	-
Long-Term Deferred Tax Assets	15.87	15.07	10.05	11.54	9.04	7.86
Long-Term Deferred Charges	11.89	13.5	5.62	5.29	4.29	0.46
Other Long-Term Assets	7.38	2.53	6.89	3.04	0.94	0.09
Total Assets	2,188	2,125	2,172	2,143	631.57	263.69
Accounts Payable	131.32	103.71	60.69	60.89	93.9	31.87
Accrued Expenses	50.75	50.74	34.69	39.47	31.97	10.14
Short-Term Debt	210.15	210.16	227.5	135.13	7.51	22.52
Current Portion of Leases	5.77	5.65	5.6	4.97	3.52	-
Current Income Taxes Payable	-	3.87	1.38	3.16	3.78	14.92
Current Unearned Revenue	37.62	31.03	63.01	107.73	105.24	46.43
Other Current Liabilities	23.25	18.7	14.56	19.74	27.13	33.19
Total Current Liabilities	458.87	423.85	407.43	371.09	273.05	159.07
Long-Term Leases	0.69	1.97	7.75	13.1	10.89	-
Long-Term Unearned Revenue	1.11	1.11	1.2	0.49	0.58	0.67
Long-Term Deferred Tax Liabilities	0.01	0.01	-	-	0.13	0.01
Other Long-Term Liabilities	6.64	6.92	4.54	3.93	2.54	0.23
Total Liabilities	467.32	433.86	420.92	388.61	287.19	159.97
Common Stock	114.8	114.8	114.8	82	61.5	52.88
Additional Paid-In Capital	1,496	1,490	1,479	1,498	218.04	25.64
Retained Earnings	244.04	220.41	157.15	172.6	61.69	26.62
Treasury Stock	-134.01	-134.01	-	-	-	-
Comprehensive Income & Other	-0.02	-0.04	-0	-	-	-
Total Common Equity	1,721	1,691	1,751	1,752	341.23	105.14
Minority Interest	-0.24	0.02	-0.04	2.01	3.15	-1.43
Shareholders' Equity	1,721	1,691	1,751	1,754	344.38	103.71
Total Liabilities & Equity	2,188	2,125	2,172	2,143	631.57	263.69
Total Debt	216.62	217.78	240.85	153.2	21.92	22.52
Net Cash (Debt)	930.23	946.16	1,275	1,369	130.32	36.9
Net Cash Growth	-17.76%	-25.79%	-6.90%	950.76%	253.14%	1825.94%
Net Cash Per Share	8.10	8.37	11.11	13.71	1.63	0.50
Filing Date Shares Outstanding	111.89	111.89	113.57	114.8	86.1	86.1
Total Common Shares Outstanding	111.89	111.89	114.8	114.8	86.1	74.03
Working Capital	1,462	1,450	1,644	1,661	285.81	60.58
Book Value Per Share	15.38	15.12	15.26	15.27	3.96	1.42
Tangible Book Value	1,597	1,566	1,731	1,733	328.33	92.45
Tangible Book Value Per Share	14.27	14.00	15.08	15.09	3.81	1.25
Buildings	-	18.58	18.58	18.58	18.58	18.58
Machinery	-	67.33	54.08	36.29	17.73	10.72
Construction In Progress	-	3.19	1.41	0.25	-	-

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.