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

SHA:688501 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	298.52	326.68	350.48	256.16	231.27	155.42
Trading Asset Securities	-	30	10	84	75.95	-
Cash & Short-Term Investments	298.52	356.68	360.48	340.16	307.22	155.42
Cash Growth	28.54%	-1.06%	5.97%	10.72%	97.68%	13.55%
Accounts Receivable	961.15	967.41	834.86	647.39	614.51	515.57
Other Receivables	28.04	25.07	17.08	16.93	12.59	13.95
Receivables	989.19	992.48	851.94	664.32	627.1	529.52
Inventory	719.53	982.62	399.04	391.3	260.16	239.16
Prepaid Expenses	-	0.19	-	0.27	-	0.35
Other Current Assets	72.78	91.21	19.06	11.96	8.12	10.74
Total Current Assets	2,080	2,423	1,631	1,408	1,203	935.18
Property, Plant & Equipment	325.28	327.57	142.26	129.75	100.57	74.65
Long-Term Investments	-	-	-	-	-	0.06
Goodwill	0.32	0.32	2.31	1.98	-	-
Other Intangible Assets	139.7	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	24.9	25.58	21.97	18.75	15.23	13.63
Long-Term Deferred Charges	31.43	32.53	14.05	14.9	1.8	0.36
Other Long-Term Assets	137.54	32.29	27.42	5.16	1.92	0.82
Total Assets	2,739	3,076	1,926	1,687	1,414	1,112
Accounts Payable	721.76	626.8	353.84	339.01	160.22	205.17
Accrued Expenses	13.32	237.29	122.15	105.75	103.92	95.57
Short-Term Debt	689.74	532.03	410.06	337.46	312.43	266.93
Current Portion of Long-Term Debt	9.06	0.1	9.23	19.52	-	-
Current Portion of Leases	-	20.17	2.05	2.21	1.7	6.29
Current Income Taxes Payable	18.82	16.75	10.5	9.64	7.17	7.1
Current Unearned Revenue	191.92	185.13	64.55	28.93	36.62	11.36
Other Current Liabilities	9	63.16	24.53	6.55	6.11	0.79
Total Current Liabilities	1,654	1,681	996.91	849.07	628.18	593.2
Long-Term Debt	0.84	0.84	-	-	-	-
Long-Term Leases	6.54	383.85	1.62	1.16	3.55	-
Long-Term Unearned Revenue	5.27	5.64	7.66	3.9	4.59	3.14
Long-Term Deferred Tax Liabilities	0.05	0.06	0.06	0.17	0.14	-
Other Long-Term Liabilities	8.86	8.86	9.79	7.52	7.21	6.62
Total Liabilities	1,675	2,081	1,016	861.82	643.66	602.97
Common Stock	123.07	123.07	123.07	94.67	94.67	71
Additional Paid-In Capital	326.44	324.97	313.44	340.52	340.52	163.84
Retained Earnings	576.03	507.31	441.41	364.2	322.72	266.83
Comprehensive Income & Other	2.41	2.43	1.05	0.42	0.2	0.49
Total Common Equity	1,028	957.79	878.97	799.81	758.12	502.17
Minority Interest	36.07	37.39	31.48	25.76	11.89	7.36
Shareholders' Equity	1,064	995.18	910.45	825.57	770.01	509.53
Total Liabilities & Equity	2,739	3,076	1,926	1,687	1,414	1,112
Total Debt	706.18	937	422.96	360.35	317.68	273.22
Net Cash (Debt)	-407.66	-580.32	-62.48	-20.19	-10.45	-117.8
Net Cash Per Share	-3.36	-4.74	-0.50	-0.17	-0.10	-1.27
Filing Date Shares Outstanding	123.07	123.07	123.07	123.07	123.07	92.3
Total Common Shares Outstanding	123.07	123.07	123.07	123.07	123.07	92.3
Working Capital	426.39	741.75	633.62	558.95	574.43	341.98
Book Value Per Share	8.35	7.78	7.14	6.50	6.16	5.44
Tangible Book Value	887.91	823.77	845.42	765.63	725.35	467.85
Tangible Book Value Per Share	7.21	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.