Hangzhou Zhongtai Cryogenic Technology Corporation (SHE:300435)

SHE:300435 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	462.41	800.01	1,673	1,283	845.85	747.42
Short-Term Investments	-	-	-	-	-	30
Trading Asset Securities	462.46	213.05	101.35	1.19	101.49	0.85
Cash & Short-Term Investments	924.87	1,013	1,774	1,285	947.34	778.27
Cash Growth	-16.83%	-42.91%	38.14%	35.59%	21.72%	41.08%
Accounts Receivable	686.61	855.93	751.89	675.29	610.17	640.16
Other Receivables	-	-	-	19.2	10.66	10.18
Receivables	686.61	855.93	751.89	694.49	620.83	650.34
Inventory	420.59	371.99	289.52	279.69	285.32	209.81
Prepaid Expenses	-	0.08	1.83	-	-	-
Other Current Assets	291.77	244.43	271.64	268.25	175.14	138.86
Total Current Assets	2,324	2,485	3,089	2,527	2,029	1,777
Property, Plant & Equipment	1,338	1,344	1,385	1,198	973.45	733.05
Long-Term Investments	99.06	134.27	56.12	56.04	49.19	46.74
Goodwill	124.73	124.73	448.91	448.91	448.91	448.91
Other Intangible Assets	300.13	312.16	330.35	336.4	343.88	358.99
Long-Term Accounts Receivable	-	52.03	37.64	24.93	6.48	-
Long-Term Deferred Tax Assets	48.54	47.64	43.62	40.9	30.29	24.21
Long-Term Deferred Charges	12.39	8.81	13.79	11.71	2.89	8.43
Other Long-Term Assets	371.9	33.01	11.86	40.17	32.7	48.1
Total Assets	4,619	4,542	5,416	4,684	3,916	3,446
Accounts Payable	335.69	357.09	371.71	392.88	333.6	295.86
Accrued Expenses	39.33	62.34	59.33	49.35	33.7	46.45
Short-Term Debt	82.15	117.95	782.91	537.66	167.06	167.33
Current Portion of Long-Term Debt	-	-	200.2	20.13	120.07	0.1
Current Portion of Leases	0.32	1.77	-	0.32	0.31	-
Current Income Taxes Payable	47.03	22.8	22.91	29.02	28.14	9.82
Current Unearned Revenue	621.23	781.33	673.82	603.13	551.27	422.12
Other Current Liabilities	44.68	84.94	54.02	60.48	69.27	57
Total Current Liabilities	1,170	1,428	2,165	1,693	1,303	998.68
Long-Term Debt	-	-	-	100	20	91.06
Long-Term Leases	8.82	8.36	-	7.07	8.95	-
Long-Term Unearned Revenue	9.09	9.83	11.58	9.06	5.87	4.71
Long-Term Deferred Tax Liabilities	51.99	52.09	50.89	52.29	53	55.38
Total Liabilities	1,240	1,498	2,227	1,861	1,391	1,150
Common Stock	385.71	385.71	383.19	380.63	378.19	378.19
Additional Paid-In Capital	1,392	1,390	1,375	1,346	1,298	1,282
Retained Earnings	1,520	1,262	1,397	1,085	837.15	622.05
Treasury Stock	-	-69.35	-	-	-	-
Comprehensive Income & Other	14.27	9.36	12.46	8.22	8.14	12.46
Total Common Equity	3,312	2,978	3,167	2,819	2,522	2,294
Minority Interest	66.24	66.13	21.66	3.11	3.53	1.45
Shareholders' Equity	3,378	3,044	3,189	2,822	2,525	2,296
Total Liabilities & Equity	4,619	4,542	5,416	4,684	3,916	3,446
Total Debt	91.29	128.08	983.1	665.17	316.39	258.49
Net Cash (Debt)	833.58	884.98	791.32	619.36	630.95	519.78
Net Cash Growth	3.64%	11.83%	27.77%	-1.84%	21.39%	31.40%
Net Cash Per Share	2.05	2.27	2.06	1.63	1.67	1.38
Filing Date Shares Outstanding	385.71	380.34	383.19	380.63	378.19	378.19
Total Common Shares Outstanding	385.71	380.34	383.19	380.63	378.19	378.19
Working Capital	1,153	1,057	924.4	834	725.2	778.6
Book Value Per Share	8.59	7.83	8.27	7.41	6.67	6.07
Tangible Book Value	2,887	2,541	2,388	2,034	1,729	1,487
Tangible Book Value Per Share	7.49	6.68	6.23	5.34	4.57	3.93
Buildings	-	499.9	458.6	160.96	160.15	116.21
Machinery	-	386.27	377.48	184.93	175.68	149.82
Construction In Progress	-	60.71	76.59	328.54	107.13	25.27
Order Backlog	-	2,460	-	-	-	-

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