Sunsea AIoT Technology Co., Ltd. (SHE:002313)

Sunsea AIoT Technology 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	349.27	280.71	185.66	416.24	765.05	556.19
Trading Asset Securities	0.58	0.61	-	-	-	-
Cash & Short-Term Investments	349.85	281.32	185.66	416.24	765.05	556.19
Cash Growth	34.02%	51.52%	-55.40%	-45.59%	37.55%	9.99%
Accounts Receivable	1,071	1,209	1,468	1,752	2,743	3,245
Other Receivables	155.9	138.98	204.79	276.83	434.56	337.95
Receivables	1,227	1,348	1,673	2,029	3,177	3,583
Inventory	385.82	361.32	394.02	749.21	1,060	1,076
Prepaid Expenses	-	-	0.05	6.11	-	-
Other Current Assets	178.91	163.1	104.41	129.35	264.57	461.32
Total Current Assets	2,142	2,154	2,357	3,329	5,267	5,676
Property, Plant & Equipment	160.72	173.53	190.1	255.97	355.62	305.87
Long-Term Investments	72.19	72.79	70.68	131.45	179.71	222.98
Goodwill	220.8	220.8	225.07	248.92	409.18	451.13
Other Intangible Assets	244.16	271.03	321.21	361.87	329.82	245.7
Long-Term Accounts Receivable	124.91	140.22	192.15	251.43	-	47.58
Long-Term Deferred Tax Assets	234.51	236.24	239.25	218.76	119.87	74.64
Long-Term Deferred Charges	38.61	40.51	57.35	71.85	149.26	65.1
Other Long-Term Assets	0.51	6.66	0.6	1.5	297.14	5.43
Total Assets	3,238	3,315	3,654	4,871	7,108	7,095
Accounts Payable	1,150	1,141	1,322	1,980	2,238	1,948
Accrued Expenses	93.78	74.07	164.92	168.64	159.65	154.5
Short-Term Debt	1,143	1,572	1,488	1,476	2,069	1,493
Current Portion of Long-Term Debt	54	37.82	35.3	30.37	52.81	115.85
Current Portion of Leases	18.12	21.11	28.43	35.82	27.37	-
Current Income Taxes Payable	4.59	6.44	20.32	23.58	23.47	16.4
Current Unearned Revenue	55.66	52.76	72.28	156.13	165.66	146.64
Other Current Liabilities	128.91	150.37	132.01	122.92	149.31	410.2
Total Current Liabilities	2,648	3,056	3,263	3,993	4,885	4,285
Long-Term Debt	485.82	109.14	147.56	145.41	149.61	64.87
Long-Term Leases	7.9	13.82	15.24	58.05	60.68	-
Long-Term Unearned Revenue	4.5	4.5	4.5	4.5	7.5	5.2
Long-Term Deferred Tax Liabilities	12.38	13.05	13.48	13.1	14.51	16.31
Other Long-Term Liabilities	60.72	57.06	15.4	10.54	0.6	5
Total Liabilities	3,219	3,254	3,459	4,225	5,118	4,376
Common Stock	374.4	374.4	374.4	374.4	374.4	374.4
Additional Paid-In Capital	2,058	2,058	2,058	2,058	2,058	2,130
Retained Earnings	-2,234	-2,190	-2,057	-1,692	-407.55	184.38
Comprehensive Income & Other	-174.72	-175.38	-175.11	-87.8	-51.31	-0.46
Total Common Equity	23.64	66.47	200.48	652.32	1,973	2,688
Minority Interest	-4.88	-4.92	-6.25	-6.02	16.77	30.02
Shareholders' Equity	18.76	61.56	194.23	646.3	1,990	2,718
Total Liabilities & Equity	3,238	3,315	3,654	4,871	7,108	7,095
Total Debt	1,708	1,754	1,715	1,746	2,359	1,674
Net Cash (Debt)	-1,359	-1,473	-1,529	-1,330	-1,594	-1,118
Net Cash Per Share	-3.66	-3.96	-4.07	-3.56	-4.21	-3.25
Filing Date Shares Outstanding	374.4	374.4	374.4	374.4	374.4	374.4
Total Common Shares Outstanding	374.4	374.4	374.4	374.4	374.4	374.4
Working Capital	-506.33	-902.64	-906	-663.86	382.35	1,391
Book Value Per Share	0.06	0.18	0.54	1.74	5.27	7.18
Tangible Book Value	-441.31	-425.35	-345.8	41.53	1,234	1,991
Tangible Book Value Per Share	-1.18	-1.14	-0.92	0.11	3.30	5.32
Buildings	79.56	79.56	79.56	80.1	81.88	81.86
Machinery	217.29	213.01	210.61	240.38	407.52	466.05
Construction In Progress	-	-	-	-	0.07	12.48

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