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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	439.74	658.81	276.63	427.59	257.77	376.18
Trading Asset Securities	17.12	6.01	-	-	-	-
Cash & Short-Term Investments	456.86	664.82	276.63	427.59	257.77	376.18
Cash Growth	-9.75%	140.33%	-35.30%	65.88%	-31.48%	1.42%
Accounts Receivable	1,250	899.41	914.99	877.16	973.24	777.16
Other Receivables	19.75	12.07	17.93	44.75	31.3	21.02
Receivables	1,270	911.48	932.92	921.91	1,005	798.19
Inventory	303.93	225.07	191.5	215	230.04	274.78
Other Current Assets	86.14	27.47	42.7	38	33.44	88.99
Total Current Assets	2,117	1,829	1,444	1,602	1,526	1,538
Property, Plant & Equipment	582.05	602.22	707.43	614.47	1,113	1,010
Long-Term Investments	10.37	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	170.83	152.92	193.58	201.82	219.36	217.75
Long-Term Deferred Tax Assets	69.26	106.58	96.81	101.59	80.17	88.43
Long-Term Deferred Charges	1.67	1.62	2.59	1.97	2.33	7.74
Other Long-Term Assets	98.28	164.4	39.12	2.16	9	21.99
Total Assets	3,199	2,946	2,604	2,645	3,163	3,095
Accounts Payable	480.61	273.03	297.58	259.71	288.2	168.54
Accrued Expenses	37.43	60.12	51.86	53.38	56.4	35.29
Short-Term Debt	409.98	596.11	371.44	589.55	416.76	428.39
Current Portion of Long-Term Debt	8.36	49.7	11.12	10.32	-	-
Current Portion of Leases	-	2.9	4.01	-	0.5	18.71
Current Income Taxes Payable	17.14	1.06	0.54	4.72	2.31	2.12
Current Unearned Revenue	12.07	47.02	44.37	40.51	16.73	123.43
Other Current Liabilities	49.86	39.98	100.59	61.69	150.94	108.74
Total Current Liabilities	1,015	1,070	881.51	1,020	931.84	885.22
Long-Term Debt	343.66	197	103.27	39.58	-	-
Long-Term Leases	2.34	2.27	2.65	-	-	-
Long-Term Unearned Revenue	8.42	8.63	8.33	7.59	11.12	12.21
Long-Term Deferred Tax Liabilities	6.62	1.28	1.9	2.52	3.28	3.91
Other Long-Term Liabilities	2.22	2.23	2.24	2.44	2.39	2.41
Total Liabilities	1,379	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	1,371	1,374	1,380	1,379	1,380	1,407
Retained Earnings	-142.46	-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	1,781	1,666	1,605	1,571	2,203	2,185
Minority Interest	39.09	-1.38	-0.25	2.04	10.9	6.6
Shareholders' Equity	1,820	1,665	1,604	1,573	2,214	2,191
Total Liabilities & Equity	3,199	2,946	2,604	2,645	3,163	3,095
Total Debt	764.33	847.99	492.49	639.45	417.26	447.1
Net Cash (Debt)	-307.47	-183.16	-215.86	-211.86	-159.49	-70.92
Net Cash Per Share	-0.56	-0.34	-0.39	-0.38	-0.27	-0.14
Filing Date Shares Outstanding	567.49	503.37	527.03	558	555.18	566.93
Total Common Shares Outstanding	567.49	503.37	527.03	558	555.18	566.93
Working Capital	1,101	758.92	562.25	582.62	593.96	652.92
Book Value Per Share	3.14	3.31	3.04	2.81	3.97	3.85
Tangible Book Value	1,461	1,435	1,302	1,260	1,775	1,758
Tangible Book Value Per Share	2.57	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.