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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	6.05	5.29	42.73	46.29	70.56	45.61
Short-Term Investments	-	-	-	4.22	5.93	3
Cash & Short-Term Investments	6.05	5.29	42.73	50.51	76.49	48.61
Cash Growth	-70.44%	-87.61%	-15.41%	-33.96%	57.34%	-46.63%
Accounts Receivable	38.69	43.17	52.12	55.31	116.48	35.29
Other Receivables	3.99	-	-	0.93	0.62	4.45
Receivables	42.68	43.17	52.12	56.24	117.1	39.74
Inventory	36.36	38.63	37.17	47.18	35.22	51.88
Other Current Assets	8.34	14.27	12.31	13.09	21.99	65.64
Total Current Assets	93.43	101.36	144.33	167.03	250.8	205.87
Property, Plant & Equipment	14.05	15.09	12.2	32	34.07	34.79
Long-Term Investments	69.28	69.87	77.16	76.33	76.09	6
Other Intangible Assets	0.28	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	2.38	2.57	0.61	0.2	0.24	0.41
Other Long-Term Assets	-	-	-	-	-	123.4
Total Assets	179.42	189.25	236.67	295.62	382.52	390.64
Accounts Payable	51.57	48.59	44.44	45.71	33.45	54.71
Accrued Expenses	11.1	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	0.84	0.14	0.27	0.21	0.05	0.05
Current Unearned Revenue	26.95	33.38	21.87	18.71	21.23	23.8
Other Current Liabilities	40.06	33.44	41.25	46.98	44.88	53.96
Total Current Liabilities	132.71	136.33	117.81	122.33	118.98	146.8
Long-Term Leases	4.96	5.65	1.51	2.3	1.24	-
Long-Term Deferred Tax Liabilities	-	-	0.32	0.37	-	-
Other Long-Term Liabilities	12.79	14.05	23.65	8.32	11.38	47.09
Total Liabilities	150.46	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	368.51	368.5	368.5	365.76	345.06
Retained Earnings	-453.44	-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	-8	-8	-1.99	-2	-2	-2
Total Common Equity	30.32	34.48	91.87	158.86	248.26	194.16
Minority Interest	-1.36	-1.26	1.5	3.43	2.66	2.58
Shareholders' Equity	28.96	33.22	93.38	162.3	250.92	196.75
Total Liabilities & Equity	179.42	189.25	236.67	295.62	382.52	390.64
Total Debt	7.14	15.32	3.89	5.69	2.22	0.64
Net Cash (Debt)	-1.09	-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	-0.01	-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	-39.28	-34.97	26.51	44.69	131.82	59.07
Book Value Per Share	0.21	0.24	0.64	1.10	1.72	1.35
Tangible Book Value	30.04	34.12	89.7	138.89	227.19	174
Tangible Book Value Per Share	0.21	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 Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.