Arctech Solar Holding Co., Ltd. (SHA:688408)

Arctech Solar Holding 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,208	2,858	1,954	1,465	1,261	1,571
Trading Asset Securities	413.83	856.25	520	266.48	772.93	936.52
Cash & Short-Term Investments	2,622	3,714	2,474	1,731	2,034	2,508
Cash Growth	30.25%	50.14%	42.90%	-14.89%	-18.89%	231.76%
Accounts Receivable	3,598	2,646	2,292	1,719	1,159	1,357
Other Receivables	27.31	24.67	16.01	23.75	9.34	4.46
Receivables	3,625	2,670	2,308	1,743	1,168	1,362
Inventory	1,448	1,414	1,758	757.83	721.28	289.97
Other Current Assets	371.37	453.88	211.39	88.96	205.7	44.73
Total Current Assets	8,066	8,252	6,750	4,321	4,129	4,204
Property, Plant & Equipment	1,410	1,372	1,133	1,014	778.82	310.47
Long-Term Investments	21.75	21.75	10.68	2.44	0.41	-
Other Intangible Assets	143.02	144.62	146.89	151.81	149.73	99.61
Long-Term Deferred Tax Assets	121.79	119.6	105.72	89.06	61.39	39.67
Long-Term Deferred Charges	11.45	7.75	7.87	10.3	10.65	3.88
Other Long-Term Assets	82	5.93	10.75	4.24	33.37	6.02
Total Assets	9,855	9,923	8,165	5,592	5,163	4,664
Accounts Payable	3,044	3,369	3,356	2,070	2,024	1,786
Accrued Expenses	156.29	171.56	91.33	56.38	32.03	34.51
Short-Term Debt	930.57	957.94	609.33	364.06	182.19	65.53
Current Portion of Long-Term Debt	-	21.85	-	-	-	-
Current Portion of Leases	-	10.63	6.17	4.56	4.07	-
Current Income Taxes Payable	-	85.47	54.94	13.75	8.07	30.36
Current Unearned Revenue	308.2	224.98	770.99	284.18	245.69	27.97
Other Current Liabilities	226.3	106.19	155.71	72.34	138.85	178.29
Total Current Liabilities	4,665	4,948	5,045	2,865	2,635	2,122
Long-Term Debt	676.95	376.17	140.48	100.82	-	-
Long-Term Leases	64.54	66.99	60.71	24.45	11.32	-
Long-Term Unearned Revenue	93.39	90.37	96.24	99.57	73.6	57.37
Long-Term Deferred Tax Liabilities	1.72	0.84	-	-	0.44	1.73
Other Long-Term Liabilities	12.59	14.17	8.58	2.96	0.58	-
Total Liabilities	5,514	5,496	5,351	3,093	2,720	2,181
Common Stock	219.07	218.52	135.82	135.72	135.72	135.72
Additional Paid-In Capital	2,822	2,802	1,779	1,754	1,740	1,739
Retained Earnings	1,390	1,449	936.63	605.17	564.81	608.14
Treasury Stock	-130.2	-87.02	-64.42	-	-	-
Comprehensive Income & Other	28.9	27.29	15.13	0.3	0.02	-0.12
Total Common Equity	4,330	4,410	2,802	2,495	2,440	2,482
Minority Interest	11.12	16.53	12.14	3.88	2.44	0.01
Shareholders' Equity	4,341	4,427	2,815	2,499	2,443	2,482
Total Liabilities & Equity	9,855	9,923	8,165	5,592	5,163	4,664
Total Debt	1,672	1,434	816.68	493.89	197.59	65.53
Net Cash (Debt)	949.64	2,280	1,657	1,237	1,836	2,442
Net Cash Growth	729.19%	37.62%	33.93%	-32.62%	-24.81%	265.57%
Net Cash Per Share	4.50	11.23	8.21	6.17	9.01	14.47
Filing Date Shares Outstanding	216.31	217.26	200.49	202.22	202.22	202.22
Total Common Shares Outstanding	216.31	217.26	200.49	202.22	202.22	202.22
Working Capital	3,401	3,304	1,705	1,455	1,494	2,082
Book Value Per Share	20.02	20.30	13.98	12.34	12.07	12.28
Tangible Book Value	4,187	4,266	2,656	2,344	2,291	2,383
Tangible Book Value Per Share	19.36	19.63	13.25	11.59	11.33	11.78
Buildings	-	748.58	576.32	491.81	227.83	168.18
Machinery	-	728.99	548.44	509.74	278.56	171.53
Construction In Progress	-	83.29	130.69	105.68	326.23	22.62

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