Changgao Electric Group Co., Ltd. (SHE:002452)

Changgao Electric 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	Jan 1, 2021
Cash & Equivalents	1,095	956.77	782.82	704.57	833.6	542.29
Trading Asset Securities	97.51	147.33	141.09	81.17	2.24	0.57
Cash & Short-Term Investments	1,193	1,104	923.91	785.75	835.84	542.86
Cash Growth	46.26%	19.50%	17.58%	-5.99%	53.97%	59.31%
Accounts Receivable	933.13	1,003	929.25	999.59	1,095	948.94
Other Receivables	23.46	21.43	34.99	85.57	129.42	68.89
Receivables	956.59	1,024	964.25	1,085	1,224	1,018
Inventory	409.54	363.08	362.06	421.49	352.37	410.21
Other Current Assets	35.13	47.4	42.32	37.06	77.21	164.37
Total Current Assets	2,594	2,539	2,293	2,329	2,490	2,135
Property, Plant & Equipment	496.34	505.54	503.69	509.06	418.4	1,083
Long-Term Investments	141.34	140.76	141.21	96.07	87.7	59.34
Goodwill	65.41	65.41	65.41	91.36	110.68	117.96
Other Intangible Assets	124.49	125.6	108.56	111.59	115.43	118.51
Long-Term Deferred Tax Assets	58.19	57.91	46.55	41.71	39.17	36.58
Long-Term Deferred Charges	19.13	19.57	9.93	10.38	3.32	3.4
Other Long-Term Assets	83.21	68.89	73.26	66.27	68.44	59.89
Total Assets	3,582	3,522	3,241	3,256	3,333	3,614
Accounts Payable	636.64	575.51	515.3	628.54	655.69	875.65
Accrued Expenses	15.47	127.88	60.74	48.51	36.68	37.91
Short-Term Debt	18	15	21.4	44.08	229.21	653.72
Current Portion of Long-Term Debt	20.64	13	5.5	1.5	20.29	2.97
Current Income Taxes Payable	21.83	27.23	21.8	17.59	15.78	35.73
Current Unearned Revenue	58.27	47.88	47.61	42.39	32.59	38.74
Other Current Liabilities	71.91	16.4	16.22	37.18	33.3	55.94
Total Current Liabilities	842.75	822.89	688.57	819.79	1,024	1,701
Long-Term Debt	107	107	120	125.5	-	236.45
Long-Term Leases	12.48	13.37	5.13	8.02	6.82	-
Long-Term Unearned Revenue	113.65	115.4	121.02	140.82	146.4	145
Long-Term Deferred Tax Liabilities	3.69	3.82	1.19	1.21	-	-
Other Long-Term Liabilities	48.71	48.71	43.74	57.38	62.84	65.83
Total Liabilities	1,128	1,111	979.66	1,153	1,240	2,148
Common Stock	620.33	620.33	620.33	620.33	620.11	533.49
Additional Paid-In Capital	620.81	613.21	628.75	628.72	627.88	297.35
Retained Earnings	1,253	1,220	1,010	849.25	834.9	621.7
Treasury Stock	-44.31	-44.31	-	-	-	-
Comprehensive Income & Other	1.61	0.32	0.34	0.47	0.47	0.47
Total Common Equity	2,451	2,409	2,259	2,099	2,083	1,453
Minority Interest	2.26	2.16	2.13	4.38	9.74	12.75
Shareholders' Equity	2,454	2,411	2,261	2,103	2,093	1,466
Total Liabilities & Equity	3,582	3,522	3,241	3,256	3,333	3,614
Total Debt	158.12	148.37	152.03	179.1	256.33	893.14
Net Cash (Debt)	1,034	955.72	771.88	606.64	579.51	-350.28
Net Cash Growth	54.01%	23.82%	27.24%	4.68%	-	-
Net Cash Per Share	1.66	1.54	1.24	0.98	1.03	-0.66
Filing Date Shares Outstanding	607.15	607.15	607.15	620.33	620.17	533.49
Total Common Shares Outstanding	607.15	607.15	620.33	620.33	620.11	533.49
Working Capital	1,751	1,716	1,604	1,510	1,466	434.6
Book Value Per Share	4.04	3.97	3.64	3.38	3.36	2.72
Tangible Book Value	2,262	2,218	2,085	1,896	1,857	1,217
Tangible Book Value Per Share	3.72	3.65	3.36	3.06	3.00	2.28
Buildings	-	456.62	447.49	308.86	256.17	242.72
Machinery	-	374.55	363.63	337.1	296.61	537.86
Construction In Progress	-	2.63	1.95	143.53	112.11	587.3

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