Zhejiang Busen Garments Co., Ltd. (SHE:002569)

Zhejiang Busen Garments Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	11.14	42.73	46.29	70.56	45.61	91.09
Short-Term Investments	-	3.41	4.22	5.93	3	-
Cash & Short-Term Investments	11.14	46.14	50.51	76.49	48.61	91.09
Cash Growth	-67.98%	-8.66%	-33.96%	57.34%	-46.63%	-41.08%
Accounts Receivable	72.43	52.12	55.31	116.48	35.29	69.34
Other Receivables	6.62	1.07	0.93	0.62	4.45	16.04
Receivables	79.05	53.19	56.24	117.1	39.74	85.37
Inventory	47.1	37.17	47.18	35.22	51.88	143.44
Other Current Assets	10.84	7.84	13.09	21.99	65.64	35.81
Total Current Assets	148.13	144.33	167.03	250.8	205.87	355.71
Property, Plant & Equipment	11.44	12.2	32	34.07	34.79	42.46
Long-Term Investments	75.28	77.16	76.33	76.09	6	-
Other Intangible Assets	1.31	2.17	19.97	21.07	20.16	21.1
Long-Term Deferred Tax Assets	0.21	0.21	0.09	0.24	-	-
Long-Term Deferred Charges	1.12	0.61	0.2	0.24	0.41	3.76
Other Long-Term Assets	-	-	-	-	123.4	193.27
Total Assets	237.5	236.67	295.62	382.52	390.64	616.3
Accounts Payable	59.79	44.44	45.71	33.45	54.71	65.15
Accrued Expenses	5.38	7.6	7.33	18.39	13.64	20.21
Short-Term Debt	-	-	-	-	0.64	5
Current Portion of Leases	2.16	2.38	3.39	0.98	-	-
Current Income Taxes Payable	0.8	0.27	0.21	0.05	0.05	1.02
Current Unearned Revenue	29.2	21.87	18.71	21.23	23.8	25.53
Other Current Liabilities	29.65	41.25	46.98	44.88	53.96	103.09
Total Current Liabilities	126.98	117.81	122.33	118.98	146.8	220
Long-Term Leases	1.51	1.51	2.3	1.24	-	-
Long-Term Deferred Tax Liabilities	0.32	0.32	0.37	-	-	-
Other Long-Term Liabilities	29.61	23.65	8.32	11.38	47.09	53.61
Total Liabilities	158.41	143.29	133.32	131.6	193.9	273.62
Common Stock	144.01	144.01	144.01	144.01	144.21	140.01
Additional Paid-In Capital	368.5	368.5	368.5	365.76	345.06	318.81
Retained Earnings	-410.8	-397.88	-330.88	-238.75	-271.3	-117.87
Treasury Stock	-20.76	-20.76	-20.76	-20.76	-21.8	-
Comprehensive Income & Other	-1.97	-1.99	-2	-2	-2	-2
Total Common Equity	78.98	91.87	158.86	248.26	194.16	338.96
Minority Interest	0.11	1.5	3.43	2.66	2.58	3.73
Shareholders' Equity	79.08	93.38	162.3	250.92	196.75	342.68
Total Liabilities & Equity	237.5	236.67	295.62	382.52	390.64	616.3
Total Debt	3.67	3.89	5.69	2.22	0.64	5
Net Cash (Debt)	7.47	42.25	44.82	74.26	47.97	86.09
Net Cash Growth	-73.02%	-5.75%	-39.64%	54.81%	-44.28%	-44.31%
Net Cash Per Share	0.05	0.30	0.31	0.52	0.34	0.62
Filing Date Shares Outstanding	144.01	144.01	144.01	144.01	144.21	140.01
Total Common Shares Outstanding	144.01	144.01	144.01	144.01	144.21	140.01
Working Capital	21.15	26.51	44.69	131.82	59.07	135.71
Book Value Per Share	0.55	0.64	1.10	1.72	1.35	2.42
Tangible Book Value	77.66	89.7	138.89	227.19	174	317.86
Tangible Book Value Per Share	0.54	0.62	0.96	1.58	1.21	2.27
Buildings	-	5.39	32.2	32.2	32.73	38.33
Machinery	-	41.93	43.85	55.29	55.91	57.53

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.