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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	867.37	920.48	1,286	1,099	646.64	509.97
Trading Asset Securities	-	-	-	-	500	500
Cash & Short-Term Investments	867.37	920.48	1,286	1,099	1,147	1,010
Cash Growth	-33.54%	-28.44%	17.02%	-4.14%	13.53%	26.38%
Accounts Receivable	11.34	16.91	25.02	78.57	22.17	34
Other Receivables	0.78	0.7	0.31	0.47	0.33	0.38
Receivables	12.11	17.61	25.33	79.05	22.51	34.38
Inventory	54.83	49.94	66.05	119.11	120.73	78.03
Other Current Assets	7.97	12.19	8.69	6.98	17.06	14.78
Total Current Assets	942.28	1,000	1,386	1,304	1,307	1,137
Property, Plant & Equipment	582.23	596.09	644.13	708.4	772.42	794.8
Long-Term Investments	111.51	111.93	116.52	74.25	85.42	61.49
Other Intangible Assets	145.91	146.75	147.98	155.78	162.53	169.02
Long-Term Deferred Tax Assets	24.49	24.91	22.94	21.9	19.96	14.81
Long-Term Deferred Charges	3.16	2.05	0.52	1.57	2.98	1.24
Other Long-Term Assets	-	-	14.23	15.19	5.37	-
Total Assets	1,810	1,882	2,333	2,281	2,356	2,179
Accounts Payable	39.02	47.63	56.79	65.85	112.7	164.09
Accrued Expenses	5.56	38.12	50.24	43.66	58.4	65.95
Current Portion of Leases	1.25	1.66	1.59	1.51	1.67	-
Current Income Taxes Payable	5.57	1.31	22.88	23.07	37.06	32.91
Current Unearned Revenue	50.6	89.09	112.74	112.66	129.24	142.76
Other Current Liabilities	27.14	30.54	36.95	41.4	41.6	42.83
Total Current Liabilities	129.14	208.36	281.19	288.15	380.67	448.54
Long-Term Leases	-	-	1.66	3.25	-	-
Long-Term Unearned Revenue	18.4	18.85	20.75	22.72	24.69	26.28
Long-Term Deferred Tax Liabilities	-	-	0.53	0.78	-	-
Total Liabilities	147.54	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	1,009	1,001	1,375	1,312	1,286	1,009
Comprehensive Income & Other	-100.78	-100.43	-97.82	-96.11	-86.63	-56.1
Total Common Equity	1,659	1,652	2,029	1,967	1,950	1,704
Minority Interest	2.75	2.87	-	-	-	-
Shareholders' Equity	1,662	1,655	2,029	1,967	1,950	1,704
Total Liabilities & Equity	1,810	1,882	2,333	2,281	2,356	2,179
Total Debt	1.25	1.66	3.25	4.76	1.67	-
Net Cash (Debt)	866.11	918.82	1,283	1,094	1,145	1,010
Net Cash Growth	-33.49%	-28.39%	17.23%	-4.41%	13.37%	26.38%
Net Cash Per Share	1.27	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	813.14	791.85	1,105	1,016	926.26	688.62
Book Value Per Share	2.57	2.56	3.14	3.04	3.02	2.64
Tangible Book Value	1,513	1,505	1,881	1,811	1,788	1,535
Tangible Book Value Per Share	2.34	2.33	2.91	2.80	2.77	2.38
Buildings	-	766.08	747.39	777.47	791.04	649.02
Machinery	-	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.