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

Zhejiang Meida Industrial Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	920.48	1,286	1,099	646.64	509.97
Trading Asset Securities	-	-	-	500	500
Cash & Short-Term Investments	920.48	1,286	1,099	1,147	1,010
Cash Growth	-28.44%	17.02%	-4.14%	13.53%	26.38%
Accounts Receivable	16.91	25.02	78.57	22.17	34
Other Receivables	0.7	0.31	0.47	0.33	0.38
Receivables	17.61	25.33	79.05	22.51	34.38
Inventory	49.94	66.05	119.11	120.73	78.03
Other Current Assets	12.19	8.69	6.98	17.06	14.78
Total Current Assets	1,000	1,386	1,304	1,307	1,137
Property, Plant & Equipment	596.09	644.13	708.4	772.42	794.8
Long-Term Investments	111.93	116.52	74.25	85.42	61.49
Other Intangible Assets	146.75	147.98	155.78	162.53	169.02
Long-Term Deferred Tax Assets	24.91	22.94	21.9	19.96	14.81
Long-Term Deferred Charges	2.05	0.52	1.57	2.98	1.24
Other Long-Term Assets	-	14.23	15.19	5.37	-
Total Assets	1,882	2,333	2,281	2,356	2,179
Accounts Payable	47.63	56.79	65.85	112.7	164.09
Accrued Expenses	19.67	50.24	43.66	58.4	65.95
Current Portion of Long-Term Debt	1.66	-	-	-	-
Current Portion of Leases	-	1.59	1.51	1.67	-
Current Income Taxes Payable	20.22	22.88	23.07	37.06	32.91
Current Unearned Revenue	89.06	112.74	112.66	129.24	142.76
Other Current Liabilities	30.12	36.95	41.4	41.6	42.83
Total Current Liabilities	208.36	281.19	288.15	380.67	448.54
Long-Term Leases	-	1.66	3.25	-	-
Long-Term Unearned Revenue	18.85	20.75	22.72	24.69	26.28
Long-Term Deferred Tax Liabilities	-	0.53	0.78	-	-
Total Liabilities	227.21	304.13	314.89	405.36	474.82
Common Stock	646.05	646.05	646.05	646.05	646.05
Additional Paid-In Capital	104.92	104.92	104.92	104.92	104.92
Retained Earnings	1,001	1,375	1,312	1,286	1,009
Comprehensive Income & Other	-100.43	-97.82	-96.11	-86.63	-56.1
Total Common Equity	1,652	2,029	1,967	1,950	1,704
Minority Interest	2.87	-	-	-	-
Shareholders' Equity	1,655	2,029	1,967	1,950	1,704
Total Liabilities & Equity	1,882	2,333	2,281	2,356	2,179
Total Debt	1.66	3.25	4.76	1.67	-
Net Cash (Debt)	918.82	1,283	1,094	1,145	1,010
Net Cash Growth	-28.39%	17.23%	-4.41%	13.37%	26.38%
Net Cash Per Share	1.41	1.99	1.69	1.77	1.56
Filing Date Shares Outstanding	717.59	646.05	646.05	646.05	646.05
Total Common Shares Outstanding	717.59	646.05	646.05	646.05	646.05
Working Capital	791.85	1,105	1,016	926.26	688.62
Book Value Per Share	2.30	3.14	3.04	3.02	2.64
Tangible Book Value	1,505	1,881	1,811	1,788	1,535
Tangible Book Value Per Share	2.10	2.91	2.80	2.77	2.38
Buildings	-	747.39	777.47	791.04	649.02
Machinery	-	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.