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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,425	2,858	1,954	1,465	1,261	1,571
Trading Asset Securities	717.07	856.25	520	266.48	772.93	936.52
Cash & Short-Term Investments	3,142	3,714	2,474	1,731	2,034	2,508
Cash Growth	69.21%	50.14%	42.90%	-14.89%	-18.89%	231.76%
Accounts Receivable	2,803	2,646	2,292	1,719	1,159	1,357
Other Receivables	30.81	24.67	16.01	23.75	9.34	4.46
Receivables	2,834	2,670	2,308	1,743	1,168	1,362
Inventory	1,951	1,414	1,758	757.83	721.28	289.97
Other Current Assets	483.4	453.88	211.39	88.96	205.7	44.73
Total Current Assets	8,410	8,252	6,750	4,321	4,129	4,204
Property, Plant & Equipment	1,371	1,372	1,133	1,014	778.82	310.47
Long-Term Investments	21.45	21.75	10.68	2.44	0.41	-
Other Intangible Assets	143.05	144.62	146.89	151.81	149.73	99.61
Long-Term Deferred Tax Assets	115.83	119.6	105.72	89.06	61.39	39.67
Long-Term Deferred Charges	6.91	7.75	7.87	10.3	10.65	3.88
Other Long-Term Assets	1.92	5.93	10.75	4.24	33.37	6.02
Total Assets	10,070	9,923	8,165	5,592	5,163	4,664
Accounts Payable	3,092	3,369	3,356	2,070	2,024	1,786
Accrued Expenses	36.27	103.18	91.33	56.38	32.03	34.51
Short-Term Debt	796.94	955.55	609.33	364.06	182.19	65.53
Current Portion of Long-Term Debt	-	58.72	-	-	-	-
Current Portion of Leases	56.06	-	6.17	4.56	4.07	-
Current Income Taxes Payable	96.35	114.53	54.94	13.75	8.07	30.36
Current Unearned Revenue	582.87	224.98	770.99	284.18	245.69	27.97
Other Current Liabilities	118.58	121.64	155.71	72.34	138.85	178.29
Total Current Liabilities	4,780	4,948	5,045	2,865	2,635	2,122
Long-Term Debt	587.73	327.75	140.48	100.82	-	-
Long-Term Leases	56.72	66.99	60.71	24.45	11.32	-
Long-Term Unearned Revenue	95.67	90.37	96.24	99.57	73.6	57.37
Long-Term Deferred Tax Liabilities	-	0.84	-	-	0.44	1.73
Other Long-Term Liabilities	14.69	62.6	8.58	2.96	0.58	-
Total Liabilities	5,534	5,496	5,351	3,093	2,720	2,181
Common Stock	218.52	218.52	135.82	135.72	135.72	135.72
Additional Paid-In Capital	2,804	2,802	1,779	1,754	1,740	1,739
Retained Earnings	1,559	1,449	936.63	605.17	564.81	608.14
Treasury Stock	-87.02	-87.02	-64.42	-	-	-
Comprehensive Income & Other	28.08	27.29	15.13	0.3	0.02	-0.12
Total Common Equity	4,523	4,410	2,802	2,495	2,440	2,482
Minority Interest	12.84	16.53	12.14	3.88	2.44	0.01
Shareholders' Equity	4,536	4,427	2,815	2,499	2,443	2,482
Total Liabilities & Equity	10,070	9,923	8,165	5,592	5,163	4,664
Total Debt	1,497	1,409	816.68	493.89	197.59	65.53
Net Cash (Debt)	1,645	2,305	1,657	1,237	1,836	2,442
Net Cash Growth	94.44%	39.10%	33.93%	-32.62%	-24.81%	265.57%
Net Cash Per Share	8.04	11.35	8.15	6.17	9.01	14.47
Filing Date Shares Outstanding	217.26	210.44	200.49	202.22	202.22	202.22
Total Common Shares Outstanding	217.26	210.44	200.49	202.22	202.22	202.22
Working Capital	3,631	3,304	1,705	1,455	1,494	2,082
Book Value Per Share	20.82	20.96	13.98	12.34	12.07	12.28
Tangible Book Value	4,380	4,266	2,656	2,344	2,291	2,383
Tangible Book Value Per Share	20.16	20.27	13.25	11.59	11.33	11.78
Buildings	-	-	576.32	491.81	227.83	168.18
Machinery	-	-	548.44	509.74	278.56	171.53
Construction In Progress	-	-	130.69	105.68	326.23	22.62
Order Backlog	-	-	4,700	-	-	-

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