BIWIN Storage Technology Co., Ltd. (SHA:688525)

BIWIN Storage Technology 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,594	794.02	339.27	798.02	211.98	201.57
Trading Asset Securities	378.98	139	6.54	-	-	-
Cash & Short-Term Investments	1,973	933.02	345.81	798.02	211.98	201.57
Cash Growth	173.27%	169.81%	-56.67%	276.46%	5.17%	-0.12%
Accounts Receivable	1,382	815.21	614.68	527.22	163.34	226.1
Other Receivables	27.31	85.77	48.14	54.72	8	31.33
Receivables	1,409	900.98	662.82	581.94	171.34	257.43
Inventory	5,695	3,537	3,552	1,954	1,595	759.09
Prepaid Expenses	-	-	-	-	4.1	2.4
Other Current Assets	596.73	316.17	319.6	189.27	184.07	114.65
Total Current Assets	9,675	5,688	4,880	3,523	2,167	1,335
Property, Plant & Equipment	2,519	1,546	1,136	729.13	548.81	351.34
Long-Term Investments	243.33	55.8	50.13	10	-	-
Other Intangible Assets	175.44	172.08	61.62	48.13	20	20.93
Long-Term Deferred Tax Assets	196.18	150.19	164.27	52.57	46.31	38.92
Long-Term Deferred Charges	151.43	37.88	23.94	23.78	11.06	3.49
Other Long-Term Assets	233.23	311.75	16.26	24.26	16.37	16.33
Total Assets	13,194	7,961	6,332	4,411	2,810	1,766
Accounts Payable	1,651	809.35	700.8	306.98	378.93	253.11
Accrued Expenses	35.17	120.31	41.31	22.74	30.45	11.92
Short-Term Debt	3,967	3,288	2,800	1,148	333.27	135.67
Current Portion of Long-Term Debt	176.86	266.27	261.59	60.14	58.23	80.2
Current Portion of Leases	-	8.05	7.08	3.97	4.13	-
Current Income Taxes Payable	10.78	2.61	10.08	19.01	21.39	18.11
Current Unearned Revenue	27.61	42.26	18.35	6.77	18.13	5.04
Other Current Liabilities	74.22	36.87	58.78	34.36	6.26	85.05
Total Current Liabilities	5,942	4,574	3,898	1,602	850.8	589.1
Long-Term Debt	2,494	928.28	503	379.74	131	75
Long-Term Leases	8.03	10.11	7.57	4.24	4.38	-
Long-Term Unearned Revenue	3.66	3.65	2.26	3.35	4.01	4.68
Long-Term Deferred Tax Liabilities	20.61	14.46	0	0.02	-	-
Total Liabilities	8,468	5,530	4,411	1,990	990.19	668.78
Common Stock	466.71	431.24	430.33	430.33	387.3	165.98
Additional Paid-In Capital	4,475	2,278	1,956	1,824	1,337	951.95
Retained Earnings	-267.89	-298.31	-459.54	164.82	93.6	-22.97
Comprehensive Income & Other	2.14	0.49	1.96	2.4	1.13	2.4
Total Common Equity	4,676	2,412	1,928	2,422	1,819	1,097
Minority Interest	50.33	18.9	-7.17	-	-	-
Shareholders' Equity	4,726	2,431	1,921	2,422	1,819	1,097
Total Liabilities & Equity	13,194	7,961	6,332	4,411	2,810	1,766
Total Debt	6,645	4,501	3,580	1,596	531.02	290.87
Net Cash (Debt)	-4,672	-3,568	-3,234	-798.4	-319.04	-89.3
Net Cash Per Share	-10.96	-8.19	-7.51	-2.02	-0.88	-0.59
Filing Date Shares Outstanding	466.71	431.24	430.33	430.33	364.29	387.3
Total Common Shares Outstanding	466.71	431.24	430.33	430.33	364.29	165.98
Working Capital	3,733	1,114	982	1,921	1,316	746.04
Book Value Per Share	10.02	5.59	4.48	5.63	4.99	6.61
Tangible Book Value	4,500	2,240	1,867	2,373	1,799	1,076
Tangible Book Value Per Share	9.64	5.19	4.34	5.52	4.94	6.49
Buildings	-	423.48	416.92	286.3	255.25	-
Machinery	-	1,059	654.45	439.16	319.28	189.48
Construction In Progress	-	353.78	275.29	171.44	105.39	284.41

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