Suzhou Veichi Electric Co., Ltd. (SHA:688698)

Suzhou Veichi Electric 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	227.95	164.47	170.07	180.68	253.45	518.91
Short-Term Investments	717.66	268.99	322.94	66.8	-	-
Trading Asset Securities	60	2.5	-	175	15	-
Cash & Short-Term Investments	1,006	435.97	493	422.48	268.45	518.91
Cash Growth	207.09%	-11.57%	16.69%	57.38%	-48.27%	594.05%
Accounts Receivable	1,027	891.46	689.47	435.88	427.67	288.1
Other Receivables	17.61	8.96	8.87	8.25	0.55	1.33
Receivables	1,045	900.42	698.34	444.13	429.78	289.43
Inventory	428.78	302.87	219.41	230.72	210.19	147.21
Prepaid Expenses	-	0.79	0.73	-	-	-
Other Current Assets	155.64	21.44	9.37	10.36	7.07	7.18
Total Current Assets	2,635	1,661	1,421	1,108	915.49	962.72
Property, Plant & Equipment	822.64	500.82	316.32	198.87	133.51	96.1
Long-Term Investments	47.62	694.49	658.55	127.69	198.69	-
Goodwill	0.5	0.5	0.95	-	-	-
Other Intangible Assets	49.62	42.13	22.51	11.73	8.93	9.21
Long-Term Accounts Receivable	-	4.26	1.25	-	-	-
Long-Term Deferred Tax Assets	39.65	30.75	18.97	11.09	6.22	4.67
Long-Term Deferred Charges	4.6	1.38	2.18	2.09	2.27	1.6
Other Long-Term Assets	37.29	138.15	102.6	14.02	3.45	1.21
Total Assets	3,636	3,074	2,544	1,473	1,269	1,076
Accounts Payable	764.04	551.22	332.12	248.07	173.52	150.61
Accrued Expenses	37.86	112.21	83.98	58.55	48.52	33.58
Short-Term Debt	183.24	70.62	23.07	16.66	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	15.03
Current Portion of Leases	5.33	7.05	4.23	2.81	0.75	-
Current Income Taxes Payable	18.51	0.13	0.24	0.11	0.9	0.11
Current Unearned Revenue	59.74	32.18	4.38	22.03	2.89	3.68
Other Current Liabilities	173.24	141.11	131.51	118.52	157.33	95.58
Total Current Liabilities	1,242	914.52	579.54	466.75	383.91	298.59
Long-Term Leases	5.43	4.18	7.63	9.35	0.04	-
Long-Term Unearned Revenue	12.08	9.57	2.49	2.73	1.33	1.53
Long-Term Deferred Tax Liabilities	1.99	1.95	1.95	1.81	-	-
Other Long-Term Liabilities	29.45	29.38	17.42	13.43	16.45	12.33
Total Liabilities	1,291	959.6	609.02	494.07	401.73	312.45
Common Stock	213.79	211.38	210.26	180	180	180
Additional Paid-In Capital	1,336	1,269	1,244	470.94	465.05	465.05
Retained Earnings	785.94	631.74	475.51	329.7	221.48	116.7
Treasury Stock	-20.01	-20.01	-	-	-	-
Comprehensive Income & Other	-0.48	0.08	-0.12	-0.2	-0.21	1.32
Total Common Equity	2,315	2,092	1,930	980.44	866.33	763.07
Minority Interest	30.39	21.87	5.33	-1.32	0.5	-
Shareholders' Equity	2,346	2,114	1,935	979.11	866.83	763.07
Total Liabilities & Equity	3,636	3,074	2,544	1,473	1,269	1,076
Total Debt	194	81.85	34.93	28.82	0.79	15.03
Net Cash (Debt)	811.6	354.11	458.07	393.66	267.66	503.88
Net Cash Growth	159.58%	-22.70%	16.36%	47.08%	-46.88%	-
Net Cash Per Share	3.82	1.68	2.42	2.19	1.48	3.74
Filing Date Shares Outstanding	212.95	210.53	210.26	180	180	180
Total Common Shares Outstanding	212.95	210.53	210.26	180	180	180
Working Capital	1,393	746.96	841.32	640.94	531.59	664.14
Book Value Per Share	10.87	9.94	9.18	5.45	4.81	4.24
Tangible Book Value	2,265	2,050	1,906	968.7	857.4	753.86
Tangible Book Value Per Share	10.64	9.74	9.07	5.38	4.76	4.19
Buildings	-	218.25	212.36	79.55	79.55	79.55
Machinery	-	163.58	131.06	92.49	73.8	48.09
Construction In Progress	-	220.92	41.47	74.74	24.31	1.5

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