Ningbo Kangqiang Electronics Co., Ltd (SHE:002119)

SHE:002119 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	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	143.24	146.5	198.29	257.02	216.01	145.82
Short-Term Investments	-	74.73	-	-	-	-
Trading Asset Securities	5.71	1.32	0.77	40.43	0.21	4
Cash & Short-Term Investments	148.94	222.55	199.06	297.45	216.22	149.82
Cash Growth	-14.82%	11.80%	-33.08%	37.57%	44.32%	-6.48%
Accounts Receivable	597.95	594.1	489.41	381.6	652	501.56
Other Receivables	1.92	22.99	19.51	2.53	1.64	3.63
Receivables	599.87	617.09	508.92	384.13	653.64	505.19
Inventory	404.24	421.57	433.06	377.21	415.22	330.25
Prepaid Expenses	-	0.98	0.59	0.66	0.39	0.25
Other Current Assets	205.39	6.22	6.37	15.17	14.54	22.36
Total Current Assets	1,358	1,268	1,148	1,075	1,300	1,008
Property, Plant & Equipment	605.56	603.29	637.95	653.51	665.72	648.99
Long-Term Investments	191.65	292.96	359.35	-	-	-
Goodwill	1.29	1.29	1.29	1.29	1.29	1.29
Other Intangible Assets	62.39	59.36	60.33	62.02	68.23	73.13
Long-Term Deferred Tax Assets	24.26	26.8	25.83	24.18	22.28	26.15
Long-Term Deferred Charges	0.43	0.43	0.81	2.62	2.33	1.95
Other Long-Term Assets	67.83	85.03	84.88	88.93	74.6	69.67
Total Assets	2,312	2,338	2,318	1,907	2,134	1,829
Accounts Payable	222.85	237.98	211.53	137.66	304.81	198.9
Accrued Expenses	13.29	32.58	29.04	35.01	40.84	32.09
Short-Term Debt	417.83	448.04	537.07	283.6	421.45	413.64
Current Portion of Long-Term Debt	120.09	105.08	165.15	65.07	92.1	25.04
Current Income Taxes Payable	6.9	0.37	0.53	3.17	8.15	0.19
Current Unearned Revenue	5.67	6.47	8.53	8.63	11.12	7.11
Other Current Liabilities	8.52	7.01	6.92	9.29	10.39	13.37
Total Current Liabilities	795.14	837.53	958.77	542.43	888.86	690.33
Long-Term Debt	65.05	80.06	-	75.07	45.06	117.15
Long-Term Unearned Revenue	56.06	50.86	61.92	63.35	57.82	50.36
Long-Term Deferred Tax Liabilities	2.47	1.92	2.47	0.38	-	-
Total Liabilities	918.72	970.37	1,023	681.23	991.73	857.85
Common Stock	375.28	375.28	375.28	375.28	375.28	375.28
Additional Paid-In Capital	112.16	112.16	112.16	112.16	112.16	112.16
Retained Earnings	905.7	879.78	807.84	738.5	655.28	483.76
Total Common Equity	1,393	1,367	1,295	1,226	1,143	971.2
Shareholders' Equity	1,393	1,367	1,295	1,226	1,143	971.2
Total Liabilities & Equity	2,312	2,338	2,318	1,907	2,134	1,829
Total Debt	602.97	633.18	702.22	423.74	558.61	555.83
Net Cash (Debt)	-454.03	-410.63	-503.16	-126.29	-342.39	-406.01
Net Cash Per Share	-1.21	-1.09	-1.31	-0.33	-0.91	-1.06
Filing Date Shares Outstanding	375.28	375.28	375.28	375.28	375.28	375.28
Total Common Shares Outstanding	375.28	375.28	375.28	375.28	375.28	375.28
Working Capital	563.31	430.89	189.23	532.19	411.15	317.53
Book Value Per Share	3.71	3.64	3.45	3.27	3.04	2.59
Tangible Book Value	1,329	1,307	1,234	1,163	1,073	896.78
Tangible Book Value Per Share	3.54	3.48	3.29	3.10	2.86	2.39
Buildings	-	366.35	383.65	383.14	391.56	393.43
Machinery	-	945.86	877.92	844.54	782.25	732.8
Construction In Progress	-	20.06	37.76	13.62	34.41	27.45

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