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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	310.28	342.21	328.04	556.64	474.6	499.72
Short-Term Investments	-	176.36	104.24	-	-	-
Trading Asset Securities	1.04	1.03	0.38	-	65.61	300.18
Cash & Short-Term Investments	311.31	519.6	432.66	556.64	540.2	799.9
Cash Growth	-30.04%	20.09%	-22.27%	3.04%	-32.47%	-15.65%
Accounts Receivable	461.98	825.21	950.19	982.91	835.75	532.88
Other Receivables	103.85	118.42	133.44	78.48	83.28	14.8
Receivables	565.83	943.63	1,084	1,061	919.03	547.68
Inventory	1,352	1,335	1,087	913.01	783.64	682.46
Prepaid Expenses	-	15.05	27.29	21.65	30.24	34.61
Other Current Assets	899.65	22.62	16.62	37.07	31.58	56.68
Total Current Assets	3,129	2,836	2,647	2,590	2,305	2,121
Property, Plant & Equipment	902.86	919.37	891.54	968.83	1,030	1,096
Long-Term Investments	459.01	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	167.9	169.41	173.26	177.4	181.25	186.6
Long-Term Accounts Receivable	242.29	291.01	289.63	222.5	168.15	44
Long-Term Deferred Tax Assets	66.99	63.68	57.88	65.6	64.17	50.33
Long-Term Deferred Charges	13.81	12.25	8.6	19.43	18.83	30.9
Other Long-Term Assets	0.41	0.49	7.29	4.16	0.02	2.7
Total Assets	4,982	4,965	4,791	4,421	4,055	3,563
Accounts Payable	895.19	923.79	867.69	801.24	682.83	524.82
Accrued Expenses	33.85	98.49	113.43	90.61	116.69	75.69
Short-Term Debt	344.32	388.17	566.01	537.97	392.64	241.7
Current Portion of Leases	5.74	6.44	4.01	1.71	4.17	-
Current Income Taxes Payable	84.7	33.92	22.83	30.41	15.84	18.07
Current Unearned Revenue	233.94	215.59	207.05	145.44	91.72	89.84
Other Current Liabilities	37.42	38.01	61.74	82.89	87.17	40.81
Total Current Liabilities	1,635	1,704	1,843	1,690	1,391	990.92
Long-Term Leases	25.56	25.83	4.42	0.86	2.95	-
Long-Term Unearned Revenue	3.68	3.86	5.95	10.38	17.91	10.17
Long-Term Deferred Tax Liabilities	-	0.01	-	6.73	5.6	3.13
Other Long-Term Liabilities	38.33	36.1	21.79	2.1	15.05	7
Total Liabilities	1,703	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	454.56	378.45	173.4	59.33	-31.93	-120.1
Comprehensive Income & Other	63.16	55.27	53.47	35.7	30.08	30.19
Total Common Equity	3,290	3,205	2,957	2,750	2,648	2,559
Minority Interest	-10.52	-9.84	-41.47	-39.79	-25.6	-7.94
Shareholders' Equity	3,279	3,195	2,916	2,711	2,622	2,552
Total Liabilities & Equity	4,982	4,965	4,791	4,421	4,055	3,563
Total Debt	375.62	420.44	574.45	540.54	399.76	241.7
Net Cash (Debt)	-64.31	99.17	-141.79	16.1	140.45	558.2
Net Cash Growth	-	-	-	-88.53%	-74.84%	-27.42%
Net Cash Per Share	-0.08	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	1,494	1,132	804.41	899.48	913.65	1,130
Book Value Per Share	4.14	4.04	3.75	3.52	3.39	3.28
Tangible Book Value	3,122	3,035	2,784	2,573	2,466	2,373
Tangible Book Value Per Share	3.93	3.82	3.53	3.30	3.16	3.04
Buildings	-	1,121	1,122	1,117	1,116	1,113
Machinery	-	296.78	246.07	274.46	265.5	262.26
Construction In Progress	-	9.97	0.96	2.1	2.42	6.37

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.