Changzhou Fusion New Material Co., Ltd. (SHA:688503)

SHA:688503 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	1,240	622.08	748.8	773.19	107.42	29.99
Trading Asset Securities	761.29	1,139	1,394	1,999	-	11
Cash & Short-Term Investments	2,002	1,761	2,143	2,772	107.42	40.99
Cash Growth	-11.69%	-17.85%	-22.70%	2480.75%	162.07%	543.22%
Accounts Receivable	4,707	3,826	3,220	2,015	1,862	1,037
Other Receivables	114.82	108.18	61.8	31.14	54.66	30.98
Receivables	4,822	3,935	3,282	2,046	1,916	1,068
Inventory	972.55	929.46	1,327	604.6	533.47	285.67
Other Current Assets	196.98	166.66	41.77	98.05	154.99	8.76
Total Current Assets	7,993	6,791	6,794	5,521	2,712	1,403
Property, Plant & Equipment	445.71	321.25	218.91	137.25	65.52	18.52
Long-Term Investments	814.92	644.73	284.52	-	-	-
Goodwill	-	-	23.45	-	-	-
Other Intangible Assets	97.77	108.79	115.3	126.71	68.98	45.22
Long-Term Deferred Tax Assets	66.16	56.33	34.36	19.52	11.76	8.45
Long-Term Deferred Charges	4.91	7.83	16.8	2.45	3.32	6.97
Other Long-Term Assets	40.31	45.75	8.39	4.78	2.84	2.63
Total Assets	9,462	7,976	7,496	5,811	2,865	1,485
Accounts Payable	939.84	528.79	476.21	338.13	237.14	84.58
Accrued Expenses	89.13	91.71	72.64	87.11	101.72	52.48
Short-Term Debt	3,359	2,597	1,930	765.58	1,265	346.56
Current Portion of Leases	5	5.01	5.51	3.49	2.36	-
Current Income Taxes Payable	7.11	20.42	21.7	9.27	3.11	-
Current Unearned Revenue	28.74	40.68	35.58	32.42	1.94	0.71
Other Current Liabilities	252.24	13.65	10.58	9.64	6.74	9.69
Total Current Liabilities	4,681	3,297	2,552	1,246	1,618	494.03
Long-Term Leases	7.81	10.19	9.96	9.11	-	-
Long-Term Unearned Revenue	19.91	20.95	8.96	9.44	9.6	-
Long-Term Deferred Tax Liabilities	5.43	5.59	4.49	-	1.69	1.36
Total Liabilities	4,714	3,334	2,576	1,264	1,629	495.39
Common Stock	242.03	242.03	165.63	111.91	83.91	83.91
Additional Paid-In Capital	3,461	3,452	3,526	3,597	704.94	704.94
Retained Earnings	1,539	1,458	1,220	838.1	446.89	200.54
Treasury Stock	-520.02	-520.02	-	-	-	-
Comprehensive Income & Other	33.25	12.38	8.02	-	-	-
Total Common Equity	4,754	4,644	4,920	4,547	1,236	989.39
Minority Interest	-6.16	-2.12	-	-	-	-
Shareholders' Equity	4,748	4,642	4,920	4,547	1,236	989.39
Total Liabilities & Equity	9,462	7,976	7,496	5,811	2,865	1,485
Total Debt	3,372	2,612	1,946	778.18	1,267	346.56
Net Cash (Debt)	-1,370	-851.32	197.28	1,994	-1,160	-305.57
Net Cash Growth	-	-	-90.11%	-	-	-
Net Cash Per Share	-5.75	-3.58	0.81	10.85	-6.31	-1.91
Filing Date Shares Outstanding	230.17	230.17	245.13	245.13	183.8	183.8
Total Common Shares Outstanding	230.17	230.17	245.13	245.13	183.8	183.8
Working Capital	3,312	3,494	4,242	4,275	1,095	908.96
Book Value Per Share	20.66	20.18	20.07	18.55	6.72	5.38
Tangible Book Value	4,657	4,536	4,781	4,420	1,167	944.17
Tangible Book Value Per Share	20.23	19.71	19.50	18.03	6.35	5.14
Buildings	140.54	53.18	53.18	53.18	-	-
Machinery	211.95	184.07	132.85	74.21	31.69	23.88
Construction In Progress	151.52	123.41	43.31	2.1	42.6	0.92

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.