Qingdao Daneng Environmental Protection Equipment Co., Ltd. (SHA:688501)

SHA:688501 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	326.68	350.48	256.16	231.27	155.42
Trading Asset Securities	30	10	84	75.95	-
Cash & Short-Term Investments	356.68	360.48	340.16	307.22	155.42
Cash Growth	-1.06%	5.97%	10.72%	97.68%	13.55%
Accounts Receivable	967.41	834.86	647.39	614.51	515.57
Other Receivables	25.07	17.08	16.93	12.59	13.95
Receivables	992.48	851.94	664.32	627.1	529.52
Inventory	982.62	399.04	391.3	260.16	239.16
Prepaid Expenses	0.19	-	0.27	-	0.35
Other Current Assets	91.21	19.06	11.96	8.12	10.74
Total Current Assets	2,423	1,631	1,408	1,203	935.18
Property, Plant & Equipment	327.57	142.26	129.75	100.57	74.65
Long-Term Investments	-	-	-	-	0.06
Goodwill	0.32	2.31	1.98	-	-
Other Intangible Assets	133.7	31.24	32.2	32.77	34.32
Long-Term Accounts Receivable	100.67	56.71	76.63	58.79	53.47
Long-Term Deferred Tax Assets	25.58	21.97	18.75	15.23	13.63
Long-Term Deferred Charges	32.53	14.05	14.9	1.8	0.36
Other Long-Term Assets	32.29	27.42	5.16	1.92	0.82
Total Assets	3,076	1,926	1,687	1,414	1,112
Accounts Payable	626.8	353.84	339.01	160.22	205.17
Accrued Expenses	237.29	122.15	105.75	103.92	95.57
Short-Term Debt	532.03	410.06	337.46	312.43	266.93
Current Portion of Long-Term Debt	0.1	9.23	19.52	-	-
Current Portion of Leases	20.17	2.05	2.21	1.7	6.29
Current Income Taxes Payable	16.75	10.5	9.64	7.17	7.1
Current Unearned Revenue	185.13	64.55	28.93	36.62	11.36
Other Current Liabilities	63.16	24.53	6.55	6.11	0.79
Total Current Liabilities	1,681	996.91	849.07	628.18	593.2
Long-Term Debt	0.84	-	-	-	-
Long-Term Leases	383.85	1.62	1.16	3.55	-
Long-Term Unearned Revenue	5.64	7.66	3.9	4.59	3.14
Long-Term Deferred Tax Liabilities	0.06	0.06	0.17	0.14	-
Other Long-Term Liabilities	8.86	9.79	7.52	7.21	6.62
Total Liabilities	2,081	1,016	861.82	643.66	602.97
Common Stock	123.07	123.07	94.67	94.67	71
Additional Paid-In Capital	324.97	313.44	340.52	340.52	163.84
Retained Earnings	507.31	441.41	364.2	322.72	266.83
Comprehensive Income & Other	2.43	1.05	0.42	0.2	0.49
Total Common Equity	957.79	878.97	799.81	758.12	502.17
Minority Interest	37.39	31.48	25.76	11.89	7.36
Shareholders' Equity	995.18	910.45	825.57	770.01	509.53
Total Liabilities & Equity	3,076	1,926	1,687	1,414	1,112
Total Debt	937	422.96	360.35	317.68	273.22
Net Cash (Debt)	-580.32	-62.48	-20.19	-10.45	-117.8
Net Cash Per Share	-4.74	-0.50	-0.17	-0.10	-1.27
Filing Date Shares Outstanding	123.07	123.07	123.07	123.07	92.3
Total Common Shares Outstanding	123.07	123.07	123.07	123.07	92.3
Working Capital	741.75	633.62	558.95	574.43	341.98
Book Value Per Share	7.78	7.14	6.50	6.16	5.44
Tangible Book Value	823.77	845.42	765.63	725.35	467.85
Tangible Book Value Per Share	6.69	6.87	6.22	5.89	5.07
Buildings	236.67	131.36	125.06	87.59	86.13
Machinery	127.65	85.8	66.45	44.76	37.88
Construction In Progress	43.23	0.65	0.13	17.41	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.