Zhejiang Founder Motor Co., Ltd. (SHE:002196)

Zhejiang Founder Motor 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	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	421.28	406.72	403.01	323.04	567.39	147.04
Trading Asset Securities	1.35	9.55	31.97	27.89	82.89	67.68
Cash & Short-Term Investments	422.63	416.27	434.98	350.93	650.28	214.72
Cash Growth	-15.85%	-4.30%	23.95%	-46.03%	202.86%	28.21%
Accounts Receivable	1,064	1,150	1,321	1,133	827.53	631.83
Other Receivables	19.58	53.56	55.55	85.8	34	13.12
Receivables	1,083	1,203	1,377	1,218	861.53	644.95
Inventory	339.04	323.71	277.19	475.92	396.62	310.45
Prepaid Expenses	-	1.3	1.72	0.16	0.06	0.11
Other Current Assets	48.4	34.95	27.24	34.85	43.47	55.32
Total Current Assets	1,893	1,980	2,118	2,080	1,952	1,226
Property, Plant & Equipment	1,544	1,536	1,322	1,019	560.5	647.07
Long-Term Investments	68.89	63.51	56.47	69.24	69.36	160.77
Goodwill	63.27	63.27	66.28	67.56	247.32	247.32
Other Intangible Assets	299.11	262.42	268.87	279.59	113.83	153.59
Long-Term Deferred Tax Assets	24.96	24.96	53.55	59.72	48.17	31.24
Long-Term Deferred Charges	25.11	56.98	33.77	21.3	15.49	20.3
Other Long-Term Assets	157.91	135.82	158.14	228.07	193.38	111.37
Total Assets	4,077	4,123	4,077	3,825	3,200	2,597
Accounts Payable	1,516	1,551	1,454	1,459	1,167	604.28
Accrued Expenses	31.18	50.09	64.87	52.25	62.53	32.64
Short-Term Debt	338.29	329.05	353.62	320.77	107.14	274.46
Current Portion of Long-Term Debt	58.48	43.04	26.52	0.16	-	-
Current Portion of Leases	-	17.46	106.63	97.91	26.39	-
Current Income Taxes Payable	9.3	2.59	2.57	0.95	0.86	2.12
Current Unearned Revenue	8.44	8.76	7.9	11.61	18.17	7.11
Other Current Liabilities	10.93	11.03	51.58	78.71	141.88	21.09
Total Current Liabilities	1,973	2,013	2,068	2,022	1,524	941.7
Long-Term Debt	562.72	554.7	412.06	239.03	-	-
Long-Term Leases	18.47	18.36	3.96	-	4.91	-
Long-Term Unearned Revenue	77.24	78.48	73.42	97.51	98.33	48.01
Long-Term Deferred Tax Liabilities	16.01	16.01	15.45	11.43	10.41	9.78
Other Long-Term Liabilities	41.05	35.82	93.96	179.95	48.19	5.23
Total Liabilities	2,688	2,717	2,667	2,550	1,686	1,005
Common Stock	495.87	497.67	497.67	498.72	498.91	468.69
Additional Paid-In Capital	1,872	1,876	1,881	1,865	1,829	1,733
Retained Earnings	-966.01	-950.97	-922.63	-1,023	-715.52	-740.7
Treasury Stock	-	-6.29	-40.04	-73.56	-105.77	-
Comprehensive Income & Other	-15.44	-12.4	-7.93	-8.38	-11.09	-8.04
Total Common Equity	1,386	1,404	1,408	1,259	1,495	1,453
Minority Interest	2.07	2.14	1.98	15.99	18.97	139.56
Shareholders' Equity	1,388	1,406	1,410	1,275	1,514	1,592
Total Liabilities & Equity	4,077	4,123	4,077	3,825	3,200	2,597
Total Debt	977.96	962.61	902.78	657.88	138.43	274.46
Net Cash (Debt)	-555.33	-546.34	-467.8	-306.94	511.85	-59.74
Net Cash Per Share	-1.12	-1.10	-0.94	-0.61	1.02	-0.13
Filing Date Shares Outstanding	495.87	497.67	497.67	498.72	498.91	468.69
Total Common Shares Outstanding	495.87	497.67	497.67	498.72	498.91	468.69
Working Capital	-79.7	-33.73	49.69	58.49	427.83	283.85
Book Value Per Share	2.80	2.82	2.83	2.52	3.00	3.10
Tangible Book Value	1,024	1,078	1,073	911.78	1,134	1,052
Tangible Book Value Per Share	2.06	2.17	2.16	1.83	2.27	2.24
Buildings	-	433	416.53	192.02	106.93	356.03
Machinery	-	836.13	937.29	741.6	444.06	346.64
Construction In Progress	-	546.53	192.94	284.78	159.94	157.76

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