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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	3.1	5.29	42.73	46.29	70.56	45.61
Short-Term Investments	-	-	-	4.22	5.93	3
Cash & Short-Term Investments	3.1	5.29	42.73	50.51	76.49	48.61
Cash Growth	-72.20%	-87.61%	-15.41%	-33.96%	57.34%	-46.63%
Accounts Receivable	43.12	43.17	52.12	55.31	116.48	35.29
Other Receivables	5.1	-	-	0.93	0.62	4.45
Receivables	48.22	43.17	52.12	56.24	117.1	39.74
Inventory	41.11	38.63	37.17	47.18	35.22	51.88
Other Current Assets	21.54	14.27	12.31	13.09	21.99	65.64
Total Current Assets	113.96	101.36	144.33	167.03	250.8	205.87
Property, Plant & Equipment	13.15	15.09	12.2	32	34.07	34.79
Long-Term Investments	68.94	69.87	77.16	76.33	76.09	6
Other Intangible Assets	0.23	0.36	2.17	19.97	21.07	20.16
Long-Term Deferred Tax Assets	-	-	0.21	0.09	0.24	-
Long-Term Deferred Charges	1.97	2.57	0.61	0.2	0.24	0.41
Other Long-Term Assets	-	-	-	-	-	123.4
Total Assets	198.25	189.25	236.67	295.62	382.52	390.64
Accounts Payable	61.44	48.59	44.44	45.71	33.45	54.71
Accrued Expenses	9.68	11.1	7.6	7.33	18.39	13.64
Short-Term Debt	-	7.49	-	-	-	0.64
Current Portion of Leases	2.18	2.18	2.38	3.39	0.98	-
Current Income Taxes Payable	1.33	0.14	0.27	0.21	0.05	0.05
Current Unearned Revenue	26.75	33.38	21.87	18.71	21.23	23.8
Other Current Liabilities	53.99	33.44	41.25	46.98	44.88	53.96
Total Current Liabilities	155.36	136.33	117.81	122.33	118.98	146.8
Long-Term Leases	4.35	5.65	1.51	2.3	1.24	-
Long-Term Deferred Tax Liabilities	-	-	0.32	0.37	-	-
Other Long-Term Liabilities	11.2	14.05	23.65	8.32	11.38	47.09
Total Liabilities	170.91	156.03	143.29	133.32	131.6	193.9
Common Stock	144.01	144.01	144.01	144.01	144.01	144.21
Additional Paid-In Capital	-	368.51	368.5	368.5	365.76	345.06
Retained Earnings	-454.94	-449.28	-397.88	-330.88	-238.75	-271.3
Treasury Stock	-20.76	-20.76	-20.76	-20.76	-20.76	-21.8
Comprehensive Income & Other	360.54	-8	-1.99	-2	-2	-2
Total Common Equity	28.85	34.48	91.87	158.86	248.26	194.16
Minority Interest	-1.5	-1.26	1.5	3.43	2.66	2.58
Shareholders' Equity	27.35	33.22	93.38	162.3	250.92	196.75
Total Liabilities & Equity	198.25	189.25	236.67	295.62	382.52	390.64
Total Debt	6.53	15.32	3.89	5.69	2.22	0.64
Net Cash (Debt)	-3.44	-10.03	38.84	44.82	74.26	47.97
Net Cash Growth	-	-	-13.35%	-39.64%	54.81%	-44.28%
Net Cash Per Share	-0.03	-0.07	0.28	0.31	0.52	0.34
Filing Date Shares Outstanding	144.01	144.01	144.01	144.01	144.01	144.21
Total Common Shares Outstanding	144.01	144.01	144.01	144.01	144.01	144.21
Working Capital	-41.39	-34.97	26.51	44.69	131.82	59.07
Book Value Per Share	0.20	0.24	0.64	1.10	1.72	1.35
Tangible Book Value	28.63	34.12	89.7	138.89	227.19	174
Tangible Book Value Per Share	0.20	0.24	0.62	0.96	1.58	1.21
Buildings	-	4.99	4.99	32.2	32.2	32.73
Machinery	-	42.11	42.58	43.85	55.29	55.91
Construction In Progress	-	0.32	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.