Shandong Meichen Technology Group Co., Ltd. (SHE:300237)

SHE:300237 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	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	66.9	74.78	406.82	520.24	765.07	1,024
Trading Asset Securities	-	-	-	0.02	0.01	1.71
Cash & Short-Term Investments	66.9	74.78	406.82	520.26	765.08	1,025
Cash Growth	-16.91%	-81.62%	-21.80%	-32.00%	-25.39%	-10.88%
Accounts Receivable	2,622	3,353	4,955	5,462	6,036	6,913
Other Receivables	302.9	343.99	319.04	496.68	383	167.27
Receivables	2,924	3,697	5,274	5,959	6,419	7,080
Inventory	321.84	310.76	580.16	590.88	650.48	379.62
Prepaid Expenses	-	5.7	39.81	33.63	2.28	-
Other Current Assets	128.03	66.84	123.06	91.77	141.31	232.9
Total Current Assets	3,441	4,155	6,424	7,195	7,978	8,718
Property, Plant & Equipment	973.38	1,016	1,461	1,479	1,422	1,033
Long-Term Investments	44.52	43.48	71.05	99.49	108.29	184.99
Goodwill	-	-	1.95	1.95	145.42	129.7
Other Intangible Assets	143.69	147.03	161.62	160.73	173.06	163.86
Long-Term Accounts Receivable	-	6.24	0.2	3.2	0.2	0.2
Long-Term Deferred Tax Assets	23.68	21.85	19.72	261.96	115.5	113.26
Long-Term Deferred Charges	20.19	18.89	32.97	41.42	48.27	36.49
Other Long-Term Assets	565.65	115.42	166.34	188	259.54	93.77
Total Assets	5,212	5,524	8,338	9,431	10,250	10,474
Accounts Payable	1,508	1,706	2,165	2,380	2,598	3,130
Accrued Expenses	55.22	181.18	145.88	101.75	92.66	108.79
Short-Term Debt	1,011	1,083	2,235	2,162	1,205	1,319
Current Portion of Long-Term Debt	1,041	1,053	1,076	1,123	1,910	194.66
Current Portion of Leases	-	1.11	1.01	0.89	0.52	-
Current Income Taxes Payable	12.66	3.42	5.17	9.72	19.37	24.07
Current Unearned Revenue	26.55	25.21	161.83	102.23	79.37	99.98
Other Current Liabilities	667.34	282.25	947.85	627.98	243.98	302.25
Total Current Liabilities	4,321	4,335	6,738	6,508	6,149	5,179
Long-Term Debt	738.45	744.42	821	1,488	1,472	2,453
Long-Term Leases	22	38.56	85.01	159.52	5.12	-
Long-Term Unearned Revenue	7.3	7.48	9.39	6.44	8.33	5.45
Long-Term Deferred Tax Liabilities	50.52	48.11	74.08	81.89	76.91	62.91
Other Long-Term Liabilities	131.88	120.8	118.25	97.87	94.91	89.11
Total Liabilities	5,272	5,295	7,845	8,342	7,806	7,790
Common Stock	1,442	1,442	1,442	1,442	1,453	1,453
Additional Paid-In Capital	1,702	1,547	1,204	402.54	406.32	292.43
Retained Earnings	-3,301	-2,869	-2,301	-910.16	446.86	828.93
Treasury Stock	-	-	-	-	-42.99	-42.99
Comprehensive Income & Other	-17.54	-17.48	-10.94	-6.66	-9.5	-9.36
Total Common Equity	-174.55	102.2	333.81	927.64	2,254	2,522
Minority Interest	115.36	126.78	159.16	161.94	189.93	161.78
Shareholders' Equity	-59.18	228.98	492.97	1,090	2,444	2,684
Total Liabilities & Equity	5,212	5,524	8,338	9,431	10,250	10,474
Total Debt	2,812	2,920	4,218	4,934	4,593	3,967
Net Cash (Debt)	-2,745	-2,845	-3,811	-4,413	-3,827	-2,941
Net Cash Per Share	-1.88	-1.95	-2.63	-3.06	-2.61	-2.08
Filing Date Shares Outstanding	1,442	1,442	1,442	1,442	1,442	1,442
Total Common Shares Outstanding	1,442	1,442	1,442	1,442	1,442	1,442
Working Capital	-880.13	-180.8	-313.84	687.98	1,829	3,539
Book Value Per Share	-0.12	0.07	0.23	0.64	1.56	1.75
Tangible Book Value	-318.24	-44.83	170.25	764.97	1,935	2,229
Tangible Book Value Per Share	-0.22	-0.03	0.12	0.53	1.34	1.55
Buildings	-	1,109	1,166	915.93	911.61	641.19
Machinery	-	394.01	409.91	425.38	400.21	365.78
Construction In Progress	15.68	18.22	144.87	342.5	224.71	304.06

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