Henan Qingshuiyuan Technology CO.,Ltd (SHE:300437)

SHE:300437 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	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	303.82	402.78	397.39	485.01	568.3	529.15
Trading Asset Securities	11.15	1.11	1.11	49	-	-
Cash & Short-Term Investments	314.97	403.89	398.5	534.01	568.3	529.15
Cash Growth	-17.51%	1.35%	-25.38%	-6.03%	7.40%	-1.53%
Accounts Receivable	508.76	518.55	561.54	664.86	737.97	1,481
Other Receivables	66.8	56.04	61.54	68.12	30.88	175.46
Receivables	575.56	574.59	623.09	732.98	768.85	1,656
Inventory	81.15	81.88	115.4	112.71	206.76	87.2
Prepaid Expenses	-	1.57	2.63	-	18.26	6.45
Other Current Assets	21.31	24.86	38.17	48.19	317	136.7
Total Current Assets	992.99	1,087	1,178	1,428	1,879	2,416
Property, Plant & Equipment	378.6	419.08	464.33	530.66	616.68	904.23
Long-Term Investments	0.53	71.5	122.74	155.28	293.07	7.44
Goodwill	46.18	46.18	46.18	50.28	61.17	153.15
Other Intangible Assets	583.92	607.94	623.25	391.12	392.02	432.66
Long-Term Accounts Receivable	61.49	219.64	227.38	459.45	299.17	311.7
Long-Term Deferred Tax Assets	96.71	93.48	80.44	69.61	22.66	68.31
Long-Term Deferred Charges	9.81	7.9	4.1	6.99	6.46	10.7
Other Long-Term Assets	210.95	9.04	11.68	39.23	14.01	83.85
Total Assets	2,381	2,562	2,758	3,131	3,584	4,388
Accounts Payable	447.35	543.92	593.71	671.01	734.16	737.54
Accrued Expenses	11.58	12.43	11.62	20.13	22.28	42.88
Short-Term Debt	89.93	104	163.11	473.96	483.2	877.55
Current Portion of Long-Term Debt	-	110.99	23.43	42.66	117.74	196.15
Current Portion of Leases	-	0.16	0.18	2.27	1.97	4.17
Current Income Taxes Payable	-	2.43	2.3	1.46	18.66	54.34
Current Unearned Revenue	9.31	9.53	16.98	32.81	63.36	101.18
Other Current Liabilities	138.38	43.19	45.23	59.83	341.48	127.11
Total Current Liabilities	696.54	826.64	856.56	1,304	1,783	2,141
Long-Term Debt	244.51	261.22	357.99	174.36	132.8	723.37
Long-Term Leases	1.82	2.03	1.83	7.19	8.65	8.33
Long-Term Unearned Revenue	24.87	26.25	28.1	24.95	17.42	24.09
Long-Term Deferred Tax Liabilities	4.13	4.68	5.36	5.53	-	-
Other Long-Term Liabilities	2.09	1.38	0.12	1.14	-	-
Total Liabilities	973.97	1,122	1,250	1,517	1,942	2,897
Common Stock	252.42	257.06	259.06	259.06	259.06	221.23
Additional Paid-In Capital	1,090	1,139	1,152	1,144	1,116	682.46
Retained Earnings	39.74	76.14	134.75	206.25	276.09	186.03
Treasury Stock	-	-	-	-15.01	-30.01	-
Comprehensive Income & Other	11.42	-45.82	-48.96	4.81	4.62	133.32
Total Common Equity	1,393	1,426	1,497	1,599	1,625	1,223
Minority Interest	14.12	12.87	10.89	14	17.41	268.02
Shareholders' Equity	1,407	1,439	1,508	1,613	1,643	1,491
Total Liabilities & Equity	2,381	2,562	2,758	3,131	3,584	4,388
Total Debt	336.26	478.41	546.53	700.45	744.36	1,810
Net Cash (Debt)	-21.29	-74.52	-148.03	-166.44	-176.06	-1,280
Net Cash Per Share	-0.08	-0.29	-0.57	-0.64	-0.69	-5.86
Filing Date Shares Outstanding	252.42	257.06	257.06	254.79	254.06	221.23
Total Common Shares Outstanding	252.42	257.06	259.06	254.79	254.06	221.23
Working Capital	296.45	260.14	321.22	123.76	96.32	274.82
Book Value Per Share	5.52	5.55	5.78	6.28	6.40	5.53
Tangible Book Value	762.99	772.34	827.6	1,158	1,172	637.24
Tangible Book Value Per Share	3.02	3.00	3.19	4.54	4.61	2.88
Buildings	-	438	437.27	443.98	456.33	363.03
Machinery	-	307.35	328.5	333.3	361.14	184.47
Construction In Progress	-	19.23	11.65	9.59	3.55	550.36

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