Explosive Co., Ltd. (SHE:002096)

Explosive 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	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	2,996	2,753	2,673	494.41	481.41	711.02
Cash & Short-Term Investments	2,996	2,753	2,673	494.41	481.41	711.02
Cash Growth	16.50%	3.02%	440.58%	2.70%	-32.29%	39.51%
Accounts Receivable	3,829	2,728	2,297	654.55	503.8	461.06
Other Receivables	121.02	104.47	141.23	76.44	80.66	53.26
Receivables	3,950	2,832	2,438	730.99	584.46	514.32
Inventory	484.7	433.39	454.19	342.9	816.61	275.5
Other Current Assets	226.93	167.65	206.2	122.72	111.07	178.88
Total Current Assets	7,658	6,186	5,771	1,691	1,994	1,680
Property, Plant & Equipment	2,425	2,231	2,305	1,117	1,151	1,669
Long-Term Investments	427.54	401.89	364.75	301.84	302.93	257.03
Goodwill	1,023	861.2	861.75	13.64	13.64	13.35
Other Intangible Assets	1,161	965.09	990.8	345.91	352.75	369.21
Long-Term Accounts Receivable	-	29.66	22.79	9.66	9.66	15.68
Long-Term Deferred Tax Assets	56.21	56.28	49.96	24.95	38.08	31.85
Long-Term Deferred Charges	11.97	6.45	9.2	4.29	4.1	4.76
Other Long-Term Assets	206.34	288.71	98.07	28.7	28.41	5.37
Total Assets	12,969	11,027	10,473	3,537	3,894	4,046
Accounts Payable	2,562	1,187	1,134	320.26	280.88	300.51
Accrued Expenses	256.66	165.53	203.55	150.83	105.33	42.06
Short-Term Debt	87.63	8	67.29	400.44	658.76	621.72
Current Portion of Long-Term Debt	104.05	63.5	49	50.17	180.19	-
Current Portion of Leases	-	13.67	12.54	0.54	0.63	-
Current Income Taxes Payable	117.84	98.61	79.3	7.97	4.5	7.22
Current Unearned Revenue	35.41	42.36	89.09	36.89	56.76	82.02
Other Current Liabilities	754.68	942.85	763.26	166.81	331.79	341.24
Total Current Liabilities	3,918	2,522	2,398	1,134	1,619	1,395
Long-Term Debt	124.2	170.5	212	135.49	45.49	125.29
Long-Term Leases	127.7	121.97	148.74	2.76	2.31	0.53
Long-Term Unearned Revenue	106.62	112.54	116.88	111.95	115.61	113.99
Pension & Post-Retirement Benefits	-	96.76	96.96	95.46	119.71	118.39
Long-Term Deferred Tax Liabilities	215.91	181.13	163.06	30.48	21.61	11.01
Other Long-Term Liabilities	117.65	37.27	54.7	56.27	81.6	434.49
Total Liabilities	4,610	3,242	3,191	1,566	2,005	2,198
Common Stock	1,240	1,240	1,240	371.29	380.18	371.29
Additional Paid-In Capital	3,613	3,613	3,611	552.83	579.47	587.13
Retained Earnings	2,935	2,576	2,117	900.42	863.72	822.15
Treasury Stock	-	-	-	-	-36.81	-
Comprehensive Income & Other	46.68	28.5	9.58	83.98	60.7	23.57
Total Common Equity	7,835	7,458	6,978	1,909	1,847	1,804
Minority Interest	523.91	327.22	304.52	62.06	41.92	43.55
Shareholders' Equity	8,359	7,785	7,283	1,971	1,889	1,848
Total Liabilities & Equity	12,969	11,027	10,473	3,537	3,894	4,046
Total Debt	443.58	377.64	489.57	589.39	887.38	747.54
Net Cash (Debt)	2,553	2,376	2,183	-94.99	-405.97	-36.52
Net Cash Growth	12.35%	8.82%	-	-	-	-
Net Cash Per Share	2.05	1.90	1.93	-0.26	-1.08	-0.10
Filing Date Shares Outstanding	1,240	1,240	975.92	1,123	380.18	371.29
Total Common Shares Outstanding	1,240	1,240	975.92	371.29	380.18	371.29
Working Capital	3,740	3,665	3,373	557.12	374.71	284.95
Book Value Per Share	6.32	6.01	7.15	5.14	4.86	4.86
Tangible Book Value	5,650	5,631	5,126	1,549	1,481	1,422
Tangible Book Value Per Share	4.56	4.54	5.25	4.17	3.90	3.83
Buildings	-	1,954	2,029	1,119	1,092	-
Machinery	-	1,795	1,604	696.14	674.86	-
Construction In Progress	-	53.91	97.23	28.69	51	-

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