DO and Shuihua Group Co., Ltd. (SHE:002798)

DO and Shuihua Group 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	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	723.35	545.69	711.73	905.3	1,758	843.34
Cash & Short-Term Investments	723.35	545.69	711.73	905.3	1,758	843.34
Cash Growth	6.59%	-23.33%	-21.38%	-48.50%	108.45%	67.73%
Accounts Receivable	610.49	725.09	1,358	2,107	3,741	3,392
Other Receivables	349.56	418.5	305.19	278.59	226.3	216.9
Receivables	960.05	1,144	1,663	2,386	3,968	3,609
Inventory	625	680.73	728.78	773.18	1,272	860.11
Other Current Assets	132.3	147.07	124.94	137.25	313.07	214.96
Total Current Assets	2,441	2,517	3,228	4,201	7,311	5,527
Property, Plant & Equipment	1,756	1,893	2,125	2,304	2,431	1,830
Long-Term Investments	32.14	32.21	34.38	59.77	68.72	79.55
Goodwill	-	-	-	223.59	521.37	521.37
Other Intangible Assets	571.73	578.97	696.71	717.31	738.17	775.21
Long-Term Deferred Tax Assets	263.16	279.03	253.48	199.01	77.66	35.37
Long-Term Deferred Charges	19.31	20.45	20.46	17.98	9.44	2.88
Other Long-Term Assets	541.74	571.69	229.29	177.88	116.34	194.89
Total Assets	5,625	5,893	6,588	7,901	11,273	8,966
Accounts Payable	686.55	767.36	1,025	1,347	2,430	2,123
Accrued Expenses	52.19	100.47	103.4	86.02	141.72	99.48
Short-Term Debt	862.71	893.91	798.93	1,096	1,400	1,262
Current Portion of Long-Term Debt	265.32	215.6	200.48	116.84	190.49	-
Current Portion of Leases	-	8.17	2.74	4.11	27.71	-
Current Income Taxes Payable	33.61	0.27	-	0.35	7.99	11.81
Current Unearned Revenue	130.04	155.69	148.65	160.85	208.06	193.85
Other Current Liabilities	347.26	404.1	236.35	309.32	402.25	490.25
Total Current Liabilities	2,378	2,546	2,516	3,120	4,808	4,181
Long-Term Debt	982.3	1,493	1,664	1,735	1,689	409.15
Long-Term Leases	128.81	133.51	148.55	114.53	134.96	29.98
Long-Term Unearned Revenue	29	33.34	22.67	27.25	27.95	23.11
Long-Term Deferred Tax Liabilities	52.66	55.14	58.74	65.05	69.33	73.93
Other Long-Term Liabilities	1.02	0.99	-	1.54	-	-
Total Liabilities	3,571	4,262	4,409	5,064	6,729	4,717
Common Stock	513.35	394.19	384.98	384.97	386.89	388.91
Additional Paid-In Capital	2,830	2,305	2,261	2,261	2,280	2,329
Retained Earnings	-1,326	-1,185	-615.85	42.24	1,625	1,633
Treasury Stock	-117.3	-148.37	-123.36	-123.36	-20.99	-92.65
Comprehensive Income & Other	154.17	265.22	274.06	274.08	274.1	-
Total Common Equity	2,053	1,631	2,181	2,839	4,545	4,258
Minority Interest	-	-	-2.13	-1.44	-0.41	-8.34
Shareholders' Equity	2,053	1,631	2,179	2,837	4,544	4,249
Total Liabilities & Equity	5,625	5,893	6,588	7,901	11,273	8,966
Total Debt	2,239	2,745	2,814	3,066	3,442	1,701
Net Cash (Debt)	-1,516	-2,199	-2,103	-2,161	-1,684	-857.86
Net Cash Per Share	-3.92	-6.03	-5.69	-5.60	-4.39	-2.18
Filing Date Shares Outstanding	496.42	372.4	370.33	370.32	386.89	388.91
Total Common Shares Outstanding	496.42	372.4	370.33	370.32	386.89	388.91
Working Capital	63.04	-28.48	712.71	1,081	2,503	1,346
Book Value Per Share	4.14	4.38	5.89	7.67	11.75	10.95
Tangible Book Value	1,482	1,052	1,484	1,898	3,285	2,961
Tangible Book Value Per Share	2.98	2.82	4.01	5.12	8.49	7.61
Buildings	-	1,469	1,470	1,438	1,349	1,104
Machinery	-	1,193	1,309	1,405	1,281	888.32
Construction In Progress	-	25.96	3.54	55.68	174.18	201.39

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.