Freewon China Co.,Ltd. (SHA:688678)

Freewon China 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	305.21	382.49	498.46	160.49	308.88	703.75
Trading Asset Securities	248.87	102.73	443.83	81.69	164.89	-
Cash & Short-Term Investments	554.08	485.22	942.3	242.18	473.77	703.75
Cash Growth	-39.34%	-48.51%	289.08%	-48.88%	-32.68%	595.41%
Accounts Receivable	511.39	597.63	513.31	441.37	350.54	272.71
Other Receivables	2.1	2.32	3.01	3.69	1.78	3.09
Receivables	513.49	599.95	516.32	445.06	352.32	275.81
Inventory	404.46	409.51	251.89	225.99	194.93	117.8
Other Current Assets	93.47	74.47	22.41	13.19	5.25	10.52
Total Current Assets	1,566	1,569	1,733	926.43	1,026	1,108
Property, Plant & Equipment	1,725	1,639	1,358	1,178	702.55	533.4
Goodwill	21.62	21.62	27.71	27.71	27.71	27.71
Other Intangible Assets	64.44	65.2	53.26	55.74	22.87	24.52
Long-Term Deferred Tax Assets	106.32	94.39	66.4	70.82	12.73	6.32
Long-Term Deferred Charges	165.38	154.82	80.31	30.52	11.91	6.16
Other Long-Term Assets	25.28	30.15	15.67	9.3	32.24	12.15
Total Assets	3,674	3,574	3,334	2,299	1,836	1,718
Accounts Payable	532.81	541.6	489.02	454.59	276.81	262.07
Accrued Expenses	32.52	33.67	23.49	21.12	17.7	14.66
Short-Term Debt	456.21	330.04	263.1	165.73	65.92	45.18
Current Portion of Long-Term Debt	51.84	86.49	43.45	5.05	-	-
Current Portion of Leases	-	1.69	-	1.04	-	-
Current Income Taxes Payable	6.66	0.53	2.02	-	-	-
Current Unearned Revenue	0.27	1.81	0.33	0.15	0.09	0.08
Other Current Liabilities	13.73	42.15	20.11	36.19	21.42	23.76
Total Current Liabilities	1,094	1,038	841.53	683.88	381.94	345.74
Long-Term Debt	531.05	796.4	772.1	46.26	-	10
Long-Term Leases	0.78	1.34	-	0.53	-	-
Long-Term Unearned Revenue	14.8	14.95	9	0.21	0.99	0.4
Long-Term Deferred Tax Liabilities	122.82	114.69	93.66	97.43	52.51	34.35
Total Liabilities	1,763	1,965	1,716	828.31	435.45	390.48
Common Stock	259.27	243.16	174.26	173.35	173.35	173.35
Additional Paid-In Capital	1,065	814.28	885.02	889.54	879.86	878.3
Retained Earnings	499.21	485.12	482.27	445.18	334.64	264.5
Treasury Stock	-	-37.48	-37.48	-37.48	-	-
Comprehensive Income & Other	27.17	44.42	44.42	-	-	-
Total Common Equity	1,850	1,550	1,548	1,471	1,388	1,316
Minority Interest	60	59.19	69.5	-	13.01	11.52
Shareholders' Equity	1,910	1,609	1,618	1,471	1,401	1,328
Total Liabilities & Equity	3,674	3,574	3,334	2,299	1,836	1,718
Total Debt	1,040	1,216	1,079	218.62	65.92	55.18
Net Cash (Debt)	-485.8	-730.74	-136.36	23.57	407.85	648.57
Net Cash Growth	-	-	-	-94.22%	-37.12%	-
Net Cash Per Share	-1.87	-3.03	-0.56	0.10	1.67	3.57
Filing Date Shares Outstanding	259.27	241.16	241.16	239.89	242.69	242.69
Total Common Shares Outstanding	259.27	241.16	241.16	239.89	242.69	242.69
Working Capital	471.47	531.16	891.38	242.55	644.33	762.15
Book Value Per Share	7.14	6.43	6.42	6.13	5.72	5.42
Tangible Book Value	1,764	1,463	1,468	1,387	1,337	1,264
Tangible Book Value Per Share	6.80	6.07	6.09	5.78	5.51	5.21
Buildings	-	583.4	375.37	276.12	270.91	120.43
Machinery	-	1,301	1,054	988.87	554.86	437.69
Construction In Progress	-	228.96	285.49	178.29	78.74	143.88

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