Changzhou Tiansheng New Materials Group Co., Ltd. (SHE:300169)

SHE:300169 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	90.36	40.1	186.42	90.94	140.25	116.75
Short-Term Investments	-	27.16	19.9	4.37	1.29	3.97
Trading Asset Securities	-	-	-	-	3.22	0
Cash & Short-Term Investments	90.36	67.27	206.32	95.31	144.75	120.72
Cash Growth	221.10%	-67.40%	116.48%	-34.16%	19.91%	-54.03%
Accounts Receivable	187.7	215.49	365.99	612.59	713.32	801.28
Other Receivables	6.69	6.64	12.61	8.01	7.97	11.73
Receivables	194.4	222.13	378.6	620.6	721.29	813.01
Inventory	62.75	66.07	75.4	113.74	170.3	171.94
Prepaid Expenses	-	-	-	1.15	-	-
Other Current Assets	37.28	11.17	10.9	12.16	20.1	32.05
Total Current Assets	384.78	366.64	671.23	842.96	1,056	1,138
Property, Plant & Equipment	327.85	332.05	338.81	347.99	357.25	379.25
Long-Term Investments	4.7	5.31	7.42	15.32	15.44	8.24
Goodwill	-	-	-	-	-	28.71
Other Intangible Assets	90.87	92.51	101.26	111.39	121.85	138.93
Long-Term Deferred Tax Assets	41.53	41.89	31.42	31.32	22.69	17.08
Long-Term Deferred Charges	10.36	10.42	9.62	12.06	12.7	17.62
Other Long-Term Assets	9.41	5.1	0.29	3.07	2.31	1.91
Total Assets	869.49	853.92	1,160	1,364	1,589	1,729
Accounts Payable	126.31	160.06	406.93	418.92	437.72	477.27
Accrued Expenses	12.35	28.34	18.77	25.47	20.75	19.58
Short-Term Debt	390.5	393.15	427.82	420.51	451.27	469.95
Current Portion of Long-Term Debt	-	-	22.39	19.52	-	65.57
Current Portion of Leases	68.44	70.36	71.81	83.2	77.74	-
Current Income Taxes Payable	6.79	2.61	3.18	5.13	2.96	3.57
Current Unearned Revenue	5	3.27	1.99	3.76	2.68	3.95
Other Current Liabilities	117.58	39.62	61.23	47.43	54.04	45.54
Total Current Liabilities	726.99	697.4	1,014	1,024	1,047	1,085
Long-Term Debt	36.07	36.07	-	22.9	16.03	-
Long-Term Leases	10.18	26.43	21.56	32.48	53.83	9.38
Long-Term Unearned Revenue	9.28	9.62	11.01	12.43	12.53	13.83
Long-Term Deferred Tax Liabilities	0.96	0.94	1.35	2.18	1.94	2.69
Other Long-Term Liabilities	56.5	33.58	0.84	0.69	5.1	-
Total Liabilities	839.97	804.04	1,049	1,095	1,137	1,111
Common Stock	325.98	325.98	325.98	325.98	325.98	325.98
Additional Paid-In Capital	827.71	827.71	829.66	828.62	828.62	828.61
Retained Earnings	-1,130	-1,110	-1,051	-890.64	-702.92	-538.83
Comprehensive Income & Other	8.5	8.6	7.78	6.84	1.66	3.25
Total Common Equity	32.66	52.76	112.56	270.81	453.35	619.02
Minority Interest	-3.14	-2.88	-1.39	-1.32	-1.24	-0.87
Shareholders' Equity	29.52	49.88	111.17	269.48	452.11	618.15
Total Liabilities & Equity	869.49	853.92	1,160	1,364	1,589	1,729
Total Debt	505.19	526.01	543.57	578.61	598.86	544.89
Net Cash (Debt)	-414.83	-458.74	-337.25	-483.3	-454.11	-424.17
Net Cash Per Share	-1.27	-1.41	-1.03	-1.49	-1.38	-1.30
Filing Date Shares Outstanding	325.98	325.98	325.98	325.98	325.98	325.98
Total Common Shares Outstanding	325.98	325.98	325.98	325.98	325.98	325.98
Working Capital	-342.21	-330.76	-342.89	-180.99	9.29	52.3
Book Value Per Share	0.10	0.16	0.35	0.83	1.39	1.90
Tangible Book Value	-58.21	-39.75	11.3	159.42	331.5	451.38
Tangible Book Value Per Share	-0.18	-0.12	0.03	0.49	1.02	1.38
Buildings	-	429.68	384.76	383.44	383.44	383.44
Machinery	-	284.52	290.57	301.49	305.89	301.02
Construction In Progress	-	12.24	46.82	27.9	1.3	-

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