Kingnet Network Co., Ltd. (SHE:002517)

Kingnet Network 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	Dec 31, 2020
Cash & Equivalents	3,224	3,269	2,807	2,551	1,178	732.7
Trading Asset Securities	-	30.08	-	-	163.38	280.18
Cash & Short-Term Investments	3,224	3,299	2,807	2,551	1,341	1,013
Cash Growth	5.26%	17.54%	10.03%	90.18%	32.43%	-17.11%
Accounts Receivable	1,440	1,179	1,314	1,049	922.88	406.48
Other Receivables	26.19	27.13	74.82	41.35	89.98	170.75
Receivables	1,466	1,206	1,389	1,091	1,013	577.23
Inventory	29.5	24.66	19.6	10.46	16.15	3.79
Other Current Assets	577.26	560.53	334.34	295.37	367.07	345.5
Total Current Assets	5,296	5,091	4,550	3,948	2,737	1,939
Property, Plant & Equipment	109.43	118.53	36.14	63.23	43.62	15.57
Long-Term Investments	3,178	1,376	724.58	587.59	536.74	600.14
Goodwill	852.26	852.26	852.26	852.26	852.26	852.26
Other Intangible Assets	319.57	322.87	30.58	27.68	16.09	11.51
Long-Term Deferred Tax Assets	26.18	26.38	11.92	14.6	41.97	59.97
Long-Term Deferred Charges	239.42	211.97	200.43	241.12	171.38	65.76
Other Long-Term Assets	15.09	28.06	204.62	46.87	0.12	-
Total Assets	10,036	8,026	6,610	5,781	4,400	3,545
Accounts Payable	523.71	450.27	442.1	312.15	266.75	254.89
Accrued Expenses	62.62	111.5	111.05	100.11	76.69	48.85
Short-Term Debt	22	-	-	-	-	-
Current Portion of Leases	32.06	27	12.09	21.54	10.95	-
Current Income Taxes Payable	24.03	30.83	62.42	9.68	32.01	9.76
Current Unearned Revenue	207.01	180.06	171.82	159.21	105.69	54.09
Other Current Liabilities	611.65	581.98	550.19	598.47	91.37	115.7
Total Current Liabilities	1,483	1,382	1,350	1,201	583.46	483.29
Long-Term Leases	55.59	72.26	3.25	16.98	13.21	-
Long-Term Unearned Revenue	1.15	0.07	-	-	-	-
Long-Term Deferred Tax Liabilities	295.04	25.63	19	16.57	48.89	52.74
Other Long-Term Liabilities	-	-	-	4.34	5	-
Total Liabilities	1,835	1,480	1,372	1,239	650.56	536.03
Common Stock	1,499	1,515	1,515	1,515	1,515	1,515
Additional Paid-In Capital	328.44	531.61	509.18	746.15	758.1	731.04
Retained Earnings	5,568	4,831	3,634	2,385	1,361	784.32
Treasury Stock	-	-264.2	-340.67	-140.7	-164.94	-64.94
Comprehensive Income & Other	808.03	-65.78	-73.66	-34.46	-62.98	-76.64
Total Common Equity	8,203	6,548	5,244	4,472	3,406	2,889
Minority Interest	-1.79	-1.19	-5.58	70.39	343.13	119.59
Shareholders' Equity	8,201	6,547	5,238	4,542	3,749	3,009
Total Liabilities & Equity	10,036	8,026	6,610	5,781	4,400	3,545
Total Debt	109.64	99.26	15.34	38.52	24.16	-
Net Cash (Debt)	3,114	3,200	2,792	2,512	1,317	1,013
Net Cash Growth	3.94%	14.63%	11.11%	90.75%	30.04%	-17.11%
Net Cash Per Share	1.48	1.51	1.32	1.20	0.62	0.51
Filing Date Shares Outstanding	2,136	2,127	2,114	2,094	2,107	2,131
Total Common Shares Outstanding	2,136	2,127	2,114	2,094	2,107	2,131
Working Capital	3,813	3,709	3,200	2,746	2,154	1,456
Book Value Per Share	3.84	3.08	2.48	2.14	1.62	1.36
Tangible Book Value	7,031	5,373	4,361	3,592	2,538	2,025
Tangible Book Value Per Share	3.29	2.53	2.06	1.72	1.20	0.95
Machinery	71.48	68.87	64.65	65.46	56.91	52.53
Construction In Progress	2.86	2.07	-	-	-	-

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