Longxing Technology Group Co., Ltd. (SHE:002442)

Longxing Technology Group 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	298.55	311.16	401.96	272.93	154.65	308.38
Cash & Short-Term Investments	298.55	311.16	401.96	272.93	154.65	308.38
Cash Growth	-64.86%	-22.59%	47.28%	76.48%	-49.85%	-22.01%
Accounts Receivable	1,842	1,736	1,501	1,301	1,056	749.89
Other Receivables	15.04	13.26	9.62	9.44	9.65	13.5
Receivables	1,857	1,749	1,510	1,310	1,065	763.39
Inventory	561.16	473.9	417.01	666.18	510.1	312.43
Prepaid Expenses	-	-	1.48	-	-	-
Other Current Assets	127.46	110.52	72.73	60.17	47.11	25.01
Total Current Assets	2,845	2,645	2,404	2,310	1,777	1,409
Property, Plant & Equipment	1,497	1,480	1,078	828.7	887.86	985.23
Other Intangible Assets	247.59	248.71	251.74	114.71	115.45	97.31
Long-Term Deferred Tax Assets	18.91	18.25	19.3	13.75	9.57	2.86
Long-Term Deferred Charges	0.32	0.35	-	-	-	-
Other Long-Term Assets	25.76	19.3	51.35	113.3	5.38	22.48
Total Assets	4,634	4,411	3,804	3,380	2,796	2,517
Accounts Payable	435.14	462.59	445.77	721.25	476.61	383.57
Accrued Expenses	15.49	31.54	21.86	33.29	21.48	26.63
Short-Term Debt	410	314	832.97	705.84	584.49	692.7
Current Portion of Long-Term Debt	290.44	196.86	302.12	100.86	23.32	46.44
Current Income Taxes Payable	9.24	8.4	15.08	0.12	6.23	8.92
Current Unearned Revenue	19.94	21.25	16.04	9.47	8.03	23.63
Other Current Liabilities	60.14	63.31	39.37	37.23	42.45	10.24
Total Current Liabilities	1,240	1,098	1,673	1,608	1,163	1,192
Long-Term Debt	1,488	1,437	374.62	176.44	119.29	-
Long-Term Unearned Revenue	31.5	32.42	34.29	6.61	6.84	9
Long-Term Deferred Tax Liabilities	1.95	2	-	-	-	-
Other Long-Term Liabilities	-	-	-	-	-	1.29
Total Liabilities	2,762	2,570	2,082	1,791	1,289	1,202
Common Stock	503.28	503.3	490.82	490.82	490.82	480
Additional Paid-In Capital	493.85	489.81	463.27	457.5	442.78	411.72
Retained Earnings	870.71	842.13	758.92	648.52	593.9	422.27
Treasury Stock	-29.61	-29.67	-10.15	-19.35	-29.97	-
Comprehensive Income & Other	32.56	35.42	18.79	11.39	9.35	0.67
Total Common Equity	1,871	1,841	1,722	1,589	1,507	1,315
Minority Interest	0.59	0.6	-	-	-	-
Shareholders' Equity	1,871	1,842	1,722	1,589	1,507	1,315
Total Liabilities & Equity	4,634	4,411	3,804	3,380	2,796	2,517
Total Debt	2,189	1,948	1,510	983.14	727.1	739.14
Net Cash (Debt)	-1,890	-1,637	-1,108	-710.21	-572.44	-430.77
Net Cash Per Share	-3.31	-2.91	-2.28	-1.47	-1.19	-0.90
Filing Date Shares Outstanding	503.28	503.3	490.82	490.82	490.82	480
Total Common Shares Outstanding	503.28	503.3	490.82	490.82	490.82	480
Working Capital	1,604	1,547	730.32	701.46	614.74	217.08
Book Value Per Share	3.72	3.66	3.51	3.24	3.07	2.74
Tangible Book Value	1,623	1,592	1,470	1,474	1,391	1,217
Tangible Book Value Per Share	3.23	3.16	2.99	3.00	2.83	2.54
Buildings	-	969.71	748.52	709.49	708.36	714.8
Machinery	-	1,942	1,401	1,411	1,407	1,390
Construction In Progress	-	27.57	305.68	17	8.54	17.75

Updated Oct 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.