Shandong Longquan Pipe Industry Co.,Ltd (SHE:002671)

SHE:002671 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	390.94	658.81	276.63	427.59	257.77	376.18
Trading Asset Securities	-	6.01	-	-	-	-
Cash & Short-Term Investments	390.94	664.82	276.63	427.59	257.77	376.18
Cash Growth	36.73%	140.33%	-35.30%	65.88%	-31.48%	1.42%
Accounts Receivable	996.94	899.41	914.99	877.16	973.24	777.16
Other Receivables	12.84	12.07	17.93	44.75	31.3	21.02
Receivables	1,010	911.48	932.92	921.91	1,005	798.19
Inventory	265.46	225.07	191.5	215	230.04	274.78
Other Current Assets	59.78	27.47	42.7	38	33.44	88.99
Total Current Assets	1,726	1,829	1,444	1,602	1,526	1,538
Property, Plant & Equipment	644.19	602.22	707.43	614.47	1,113	1,010
Long-Term Investments	11.12	11.58	12.29	11.47	4.77	3
Goodwill	149.25	77.69	108.59	108.59	208.59	208.59
Other Intangible Assets	173.18	152.92	193.58	201.82	219.36	217.75
Long-Term Deferred Tax Assets	108.82	106.58	96.81	101.59	80.17	88.43
Long-Term Deferred Charges	1.96	1.62	2.59	1.97	2.33	7.74
Other Long-Term Assets	136.59	164.4	39.12	2.16	9	21.99
Total Assets	2,951	2,946	2,604	2,645	3,163	3,095
Accounts Payable	227.19	273.03	297.58	259.71	288.2	168.54
Accrued Expenses	29.38	60.12	51.86	53.38	56.4	35.29
Short-Term Debt	461.73	596.11	371.44	589.55	416.76	428.39
Current Portion of Long-Term Debt	52.34	49.7	11.12	10.32	-	-
Current Portion of Leases	-	2.9	4.01	-	0.5	18.71
Current Income Taxes Payable	12.98	1.06	0.54	4.72	2.31	2.12
Current Unearned Revenue	76.78	47.02	44.37	40.51	16.73	123.43
Other Current Liabilities	68.66	39.98	100.59	61.69	150.94	108.74
Total Current Liabilities	929.06	1,070	881.51	1,020	931.84	885.22
Long-Term Debt	325	197	103.27	39.58	-	-
Long-Term Leases	2.37	2.27	2.65	-	-	-
Long-Term Unearned Revenue	9.56	8.63	8.33	7.59	11.12	12.21
Long-Term Deferred Tax Liabilities	6.8	1.28	1.9	2.52	3.28	3.91
Other Long-Term Liabilities	2.23	2.23	2.24	2.44	2.39	2.41
Total Liabilities	1,275	1,281	999.9	1,072	948.62	903.75
Common Stock	563.69	564.57	565.54	565.73	566.51	566.93
Additional Paid-In Capital	1,368	1,374	1,380	1,379	1,380	1,407
Retained Earnings	-279.11	-264.42	-330.01	-357.79	283.16	265.51
Treasury Stock	-15.52	-8.28	-10.77	-16.83	-26.63	-55.02
Total Common Equity	1,641	1,666	1,605	1,571	2,203	2,185
Minority Interest	35.41	-1.38	-0.25	2.04	10.9	6.6
Shareholders' Equity	1,676	1,665	1,604	1,573	2,214	2,191
Total Liabilities & Equity	2,951	2,946	2,604	2,645	3,163	3,095
Total Debt	841.44	847.99	492.49	639.45	417.26	447.1
Net Cash (Debt)	-450.5	-183.16	-215.86	-211.86	-159.49	-70.92
Net Cash Per Share	-0.82	-0.34	-0.39	-0.38	-0.27	-0.14
Filing Date Shares Outstanding	560.66	503.37	527.03	558	555.18	566.93
Total Common Shares Outstanding	560.66	503.37	527.03	558	555.18	566.93
Working Capital	796.9	758.92	562.25	582.62	593.96	652.92
Book Value Per Share	2.93	3.31	3.04	2.81	3.97	3.85
Tangible Book Value	1,318	1,435	1,302	1,260	1,775	1,758
Tangible Book Value Per Share	2.35	2.85	2.47	2.26	3.20	3.10
Buildings	-	617.04	680.65	619.7	951.59	888.59
Machinery	-	649.76	653.96	676.75	776.07	707.68
Construction In Progress	-	64.92	3.48	0.24	79.91	19.79

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