Qinglong Pipes Industry Group Co., Ltd (SHE:002457)

SHE:002457 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	423.26	557.74	439.52	390.39	341.52	506.76
Short-Term Investments	-	-	-	11.19	19.8	19.8
Trading Asset Securities	20	40	20	121.5	107	0.23
Cash & Short-Term Investments	443.26	597.74	459.52	523.07	468.32	526.8
Cash Growth	-1.76%	30.08%	-12.15%	11.69%	-11.10%	-4.43%
Accounts Receivable	1,551	1,665	1,582	1,566	1,385	1,018
Other Receivables	76.54	83.92	99.7	79.09	116.38	70.78
Receivables	1,628	1,750	1,738	1,670	1,502	1,088
Inventory	722.84	662.66	663.86	590.2	742.96	693.56
Prepaid Expenses	-	1.81	6.04	0.87	2.6	2.15
Other Current Assets	349.84	237.36	184.16	303.37	167.32	127.12
Total Current Assets	3,144	3,249	3,051	3,087	2,883	2,438
Property, Plant & Equipment	740.99	745.81	696.74	547.58	553.17	557.42
Long-Term Investments	127.12	125.09	128.29	137.77	159.52	205.53
Goodwill	89.47	89.47	89.47	89.47	89.47	89.47
Other Intangible Assets	164.93	166.46	162.34	138.45	149.83	163.52
Long-Term Deferred Tax Assets	74.91	74.98	73.67	54.21	47.23	45.14
Long-Term Deferred Charges	2.61	2.93	1.58	1.22	3.55	3.22
Other Long-Term Assets	73.69	48.92	64.84	69.83	89.22	95.07
Total Assets	4,452	4,538	4,305	4,166	4,018	3,655
Accounts Payable	473.68	728.42	529.89	486.43	490.45	405.54
Accrued Expenses	55.03	99.85	141.25	220.99	181.99	158.93
Short-Term Debt	786.99	595.08	423.7	523.35	493.83	260.26
Current Portion of Long-Term Debt	1	1.5	30.08	15.05	30.04	-
Current Portion of Leases	-	1.94	0.27	0.49	-	18.79
Current Income Taxes Payable	14	26.13	11.65	13.61	16.75	24.01
Current Unearned Revenue	226.72	191.16	329.98	152.78	181.81	356.47
Other Current Liabilities	116.94	116.57	244.52	155.06	237.69	134.59
Total Current Liabilities	1,674	1,761	1,711	1,568	1,633	1,359
Long-Term Debt	4.57	4.5	50	30	-	30
Long-Term Leases	5.09	4.27	2.47	0.85	-	7.3
Long-Term Unearned Revenue	25.42	25.59	27.08	27.6	27.46	29.47
Long-Term Deferred Tax Liabilities	39.9	38.87	35.13	20.45	23.59	25.03
Other Long-Term Liabilities	5.04	5.04	1.82	1.79	1.79	-
Total Liabilities	1,754	1,839	1,828	1,648	1,685	1,450
Common Stock	333.49	333.49	334.99	334.99	334.99	334.99
Additional Paid-In Capital	837.67	837.67	840.31	837.67	820.76	805.48
Retained Earnings	1,309	1,314	1,106	1,147	1,039	956.85
Treasury Stock	-20.1	-20.1	-11.08	-11.08	-11.08	-
Comprehensive Income & Other	2.15	2.53	3.01	3.55	0.01	0.01
Total Common Equity	2,462	2,468	2,273	2,312	2,183	2,097
Minority Interest	235.83	231.34	203.77	205.24	148.76	107.61
Shareholders' Equity	2,698	2,699	2,477	2,517	2,332	2,205
Total Liabilities & Equity	4,452	4,538	4,305	4,166	4,018	3,655
Total Debt	797.64	607.28	506.52	569.74	523.87	316.34
Net Cash (Debt)	-354.38	-9.54	-47	-46.67	-55.55	210.45
Net Cash Growth	-	-	-	-	-	116.39%
Net Cash Per Share	-1.07	-0.03	-0.13	-0.14	-0.17	0.63
Filing Date Shares Outstanding	330.33	330.33	333.49	333.49	333.49	334.99
Total Common Shares Outstanding	330.33	330.33	333.49	333.49	333.49	334.99
Working Capital	1,469	1,489	1,340	1,519	1,250	1,080
Book Value Per Share	7.45	7.47	6.82	6.93	6.55	6.26
Tangible Book Value	2,208	2,212	2,022	2,084	1,944	1,844
Tangible Book Value Per Share	6.68	6.70	6.06	6.25	5.83	5.51
Buildings	-	613.05	578.3	434.07	444.68	370.81
Machinery	-	818.18	768.9	696.73	698.16	683.64
Construction In Progress	-	53.11	35.2	83.85	33.96	70.27

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.