Ningbo Cixing Co.,Ltd. (SHE:300307)

Ningbo Cixing 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	196.26	342.21	328.04	556.64	474.6	499.72
Short-Term Investments	358.3	176.36	104.24	-	-	-
Trading Asset Securities	1.04	1.03	0.38	-	65.61	300.18
Cash & Short-Term Investments	555.6	519.6	432.66	556.64	540.2	799.9
Cash Growth	-9.04%	20.09%	-22.27%	3.04%	-32.47%	-15.65%
Accounts Receivable	801.59	825.21	950.19	982.91	835.75	532.88
Other Receivables	135.14	118.42	133.44	78.48	83.28	14.8
Receivables	936.72	943.63	1,084	1,061	919.03	547.68
Inventory	1,139	1,335	1,087	913.01	783.64	682.46
Prepaid Expenses	11.57	15.05	27.29	21.65	30.24	34.61
Other Current Assets	18.88	22.62	16.62	37.07	31.58	56.68
Total Current Assets	2,662	2,836	2,647	2,590	2,305	2,121
Property, Plant & Equipment	869.44	919.37	891.54	968.83	1,030	1,096
Long-Term Investments	456.02	672.61	715.1	373.09	287.33	30.32
Goodwill	0.17	0.17	0.17	0.17	0.17	0.17
Other Intangible Assets	166.53	169.41	173.26	177.4	181.25	186.6
Long-Term Accounts Receivable	268.91	291.01	289.63	222.5	168.15	44
Long-Term Deferred Tax Assets	63.77	63.68	57.88	65.6	64.17	50.33
Long-Term Deferred Charges	10.8	12.25	8.6	19.43	18.83	30.9
Other Long-Term Assets	23.44	0.49	7.29	4.16	0.02	2.7
Total Assets	4,521	4,965	4,791	4,421	4,055	3,563
Accounts Payable	620.18	923.79	867.69	801.24	682.83	524.82
Accrued Expenses	80.49	98.49	113.43	90.61	116.69	75.69
Short-Term Debt	313.31	388.17	566.01	537.97	392.64	241.7
Current Portion of Leases	5.11	6.44	4.01	1.71	4.17	-
Current Income Taxes Payable	34.88	33.92	22.83	30.41	15.84	18.07
Current Unearned Revenue	153.71	215.59	207.05	145.44	91.72	89.84
Other Current Liabilities	37.97	38.01	61.74	82.89	87.17	40.81
Total Current Liabilities	1,246	1,704	1,843	1,690	1,391	990.92
Long-Term Leases	10.73	25.83	4.42	0.86	2.95	-
Long-Term Unearned Revenue	3.5	3.86	5.95	10.38	17.91	10.17
Long-Term Deferred Tax Liabilities	0.06	0.01	-	6.73	5.6	3.13
Other Long-Term Liabilities	32.13	36.1	21.79	2.1	15.05	7
Total Liabilities	1,292	1,770	1,875	1,710	1,433	1,011
Common Stock	794.25	794.25	787.8	780.54	780.54	780.54
Additional Paid-In Capital	1,978	1,977	1,943	1,875	1,869	1,869
Retained Earnings	397.28	378.45	173.4	59.33	-31.93	-120.1
Comprehensive Income & Other	65.66	55.27	53.47	35.7	30.08	30.19
Total Common Equity	3,236	3,205	2,957	2,750	2,648	2,559
Minority Interest	-6.54	-9.84	-41.47	-39.79	-25.6	-7.94
Shareholders' Equity	3,229	3,195	2,916	2,711	2,622	2,552
Total Liabilities & Equity	4,521	4,965	4,791	4,421	4,055	3,563
Total Debt	329.15	420.44	574.45	540.54	399.76	241.7
Net Cash (Debt)	226.45	99.17	-141.79	16.1	140.45	558.2
Net Cash Growth	-24.41%	-	-	-88.53%	-74.84%	-27.42%
Net Cash Per Share	0.28	0.13	-0.19	0.02	0.18	0.71
Filing Date Shares Outstanding	794.25	794.25	787.8	780.54	780.54	780.54
Total Common Shares Outstanding	794.25	794.25	787.8	780.54	780.54	780.54
Working Capital	1,416	1,132	804.41	899.48	913.65	1,130
Book Value Per Share	4.07	4.04	3.75	3.52	3.39	3.28
Tangible Book Value	3,069	3,035	2,784	2,573	2,466	2,373
Tangible Book Value Per Share	3.86	3.82	3.53	3.30	3.16	3.04
Buildings	1,124	1,121	1,122	1,117	1,116	1,113
Machinery	304.39	296.78	246.07	274.46	265.5	262.26
Construction In Progress	1.72	9.97	0.96	2.1	2.42	6.37

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