Zhejiang Meida Industrial Co., Ltd. (SHE:002677)

Zhejiang Meida Industrial 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	578.73	920.48	1,286	1,099	646.64	509.97
Trading Asset Securities	-	-	-	-	500	500
Cash & Short-Term Investments	578.73	920.48	1,286	1,099	1,147	1,010
Cash Growth	-29.64%	-28.44%	17.02%	-4.14%	13.53%	26.38%
Accounts Receivable	13.57	16.91	25.02	78.57	22.17	34
Other Receivables	0.78	0.7	0.31	0.47	0.33	0.38
Receivables	14.36	17.61	25.33	79.05	22.51	34.38
Inventory	49.89	49.94	66.05	119.11	120.73	78.03
Other Current Assets	14.43	12.19	8.69	6.98	17.06	14.78
Total Current Assets	657.4	1,000	1,386	1,304	1,307	1,137
Property, Plant & Equipment	570.15	596.09	644.13	708.4	772.42	794.8
Long-Term Investments	209.92	111.93	116.52	74.25	85.42	61.49
Other Intangible Assets	145.09	146.75	147.98	155.78	162.53	169.02
Long-Term Deferred Tax Assets	25.1	24.91	22.94	21.9	19.96	14.81
Long-Term Deferred Charges	3.72	2.05	0.52	1.57	2.98	1.24
Other Long-Term Assets	-	-	14.23	15.19	5.37	-
Total Assets	1,611	1,882	2,333	2,281	2,356	2,179
Accounts Payable	40.5	47.63	56.79	65.85	112.7	164.09
Accrued Expenses	15.03	38.12	50.24	43.66	58.4	65.95
Current Portion of Leases	0.84	1.66	1.59	1.51	1.67	-
Current Income Taxes Payable	0.66	1.31	22.88	23.07	37.06	32.91
Current Unearned Revenue	39.72	89.09	112.74	112.66	129.24	142.76
Other Current Liabilities	25.63	30.54	36.95	41.4	41.6	42.83
Total Current Liabilities	122.37	208.36	281.19	288.15	380.67	448.54
Long-Term Leases	-	-	1.66	3.25	-	-
Long-Term Unearned Revenue	17.95	18.85	20.75	22.72	24.69	26.28
Long-Term Deferred Tax Liabilities	-	-	0.53	0.78	-	-
Total Liabilities	140.32	227.21	304.13	314.89	405.36	474.82
Common Stock	646.05	646.05	646.05	646.05	646.05	646.05
Additional Paid-In Capital	104.92	104.92	104.92	104.92	104.92	104.92
Retained Earnings	819.78	1,001	1,375	1,312	1,286	1,009
Comprehensive Income & Other	-101.78	-100.43	-97.82	-96.11	-86.63	-56.1
Total Common Equity	1,469	1,652	2,029	1,967	1,950	1,704
Minority Interest	2.1	2.87	-	-	-	-
Shareholders' Equity	1,471	1,655	2,029	1,967	1,950	1,704
Total Liabilities & Equity	1,611	1,882	2,333	2,281	2,356	2,179
Total Debt	0.84	1.66	3.25	4.76	1.67	-
Net Cash (Debt)	577.89	918.82	1,283	1,094	1,145	1,010
Net Cash Growth	-29.53%	-28.39%	17.23%	-4.41%	13.37%	26.38%
Net Cash Per Share	0.92	1.41	1.99	1.69	1.77	1.56
Filing Date Shares Outstanding	646.05	646.05	646.05	646.05	646.05	646.05
Total Common Shares Outstanding	646.05	646.05	646.05	646.05	646.05	646.05
Working Capital	535.03	791.85	1,105	1,016	926.26	688.62
Book Value Per Share	2.27	2.56	3.14	3.04	3.02	2.64
Tangible Book Value	1,324	1,505	1,881	1,811	1,788	1,535
Tangible Book Value Per Share	2.05	2.33	2.91	2.80	2.77	2.38
Buildings	766.08	766.08	747.39	777.47	791.04	649.02
Machinery	291.8	291.63	294.93	293.96	308.58	304.61
Construction In Progress	-	-	-	0.44	0.3	120.27

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