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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Jan 1, 2021
Cash & Equivalents	877.57	956.77	782.82	704.57	833.6	542.29
Trading Asset Securities	147.58	147.33	141.09	81.17	2.24	0.57
Cash & Short-Term Investments	1,025	1,104	923.91	785.75	835.84	542.86
Cash Growth	38.85%	19.50%	17.58%	-5.99%	53.97%	59.31%
Accounts Receivable	934.46	1,003	929.25	999.59	1,095	948.94
Other Receivables	23.94	21.43	34.99	85.57	129.42	68.89
Receivables	958.39	1,024	964.25	1,085	1,224	1,018
Inventory	451.88	363.08	362.06	421.49	352.37	410.21
Other Current Assets	39.98	47.4	42.32	37.06	77.21	164.37
Total Current Assets	2,475	2,539	2,293	2,329	2,490	2,135
Property, Plant & Equipment	499.37	505.54	503.69	509.06	418.4	1,083
Long-Term Investments	144.97	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	123.5	125.6	108.56	111.59	115.43	118.51
Long-Term Deferred Tax Assets	57.86	57.91	46.55	41.71	39.17	36.58
Long-Term Deferred Charges	18.17	19.57	9.93	10.38	3.32	3.4
Other Long-Term Assets	78.96	68.89	73.26	66.27	68.44	59.89
Total Assets	3,464	3,522	3,241	3,256	3,333	3,614
Accounts Payable	592.18	575.51	515.3	628.54	655.69	875.65
Accrued Expenses	94.67	127.88	60.74	48.51	36.68	37.91
Short-Term Debt	13	15	21.4	44.08	229.21	653.72
Current Portion of Long-Term Debt	-	13	5.5	1.5	20.29	2.97
Current Income Taxes Payable	12.01	27.23	21.8	17.59	15.78	35.73
Current Unearned Revenue	54.18	47.88	47.61	42.39	32.59	38.74
Other Current Liabilities	13.39	16.4	16.22	37.18	33.3	55.94
Total Current Liabilities	779.44	822.89	688.57	819.79	1,024	1,701
Long-Term Debt	54	107	120	125.5	-	236.45
Long-Term Leases	12.21	13.37	5.13	8.02	6.82	-
Long-Term Unearned Revenue	112.83	115.4	121.02	140.82	146.4	145
Long-Term Deferred Tax Liabilities	3.55	3.82	1.19	1.21	-	-
Other Long-Term Liabilities	18.19	48.71	43.74	57.38	62.84	65.83
Total Liabilities	980.21	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	626.97	613.21	628.75	628.72	627.88	297.35
Retained Earnings	1,275	1,220	1,010	849.25	834.9	621.7
Treasury Stock	-44.31	-44.31	-	-	-	-
Comprehensive Income & Other	2.73	0.32	0.34	0.47	0.47	0.47
Total Common Equity	2,481	2,409	2,259	2,099	2,083	1,453
Minority Interest	2.29	2.16	2.13	4.38	9.74	12.75
Shareholders' Equity	2,483	2,411	2,261	2,103	2,093	1,466
Total Liabilities & Equity	3,464	3,522	3,241	3,256	3,333	3,614
Total Debt	79.21	148.37	152.03	179.1	256.33	893.14
Net Cash (Debt)	945.94	955.72	771.88	606.64	579.51	-350.28
Net Cash Growth	61.00%	23.82%	27.24%	4.68%	-	-
Net Cash Per Share	1.51	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	1,696	1,716	1,604	1,510	1,466	434.6
Book Value Per Share	4.09	3.97	3.64	3.38	3.36	2.72
Tangible Book Value	2,292	2,218	2,085	1,896	1,857	1,217
Tangible Book Value Per Share	3.78	3.65	3.36	3.06	3.00	2.28
Buildings	445.23	456.62	447.49	308.86	256.17	242.72
Machinery	391	374.55	363.63	337.1	296.61	537.86
Construction In Progress	4.83	2.63	1.95	143.53	112.11	587.3

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