Advanced Fiber Resources (Zhuhai), Ltd. (SHE:300620)

SHE:300620 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	880.14	906.8	387.05	515.17	641.83	844.61
Short-Term Investments	-	-	-	-	-	50
Trading Asset Securities	200.25	41.09	-	50.2	130	-
Cash & Short-Term Investments	1,080	947.89	387.05	565.38	771.83	894.61
Cash Growth	70.88%	144.90%	-31.54%	-26.75%	-13.72%	166.66%
Accounts Receivable	506.84	409.08	330.69	267.32	244.6	171.27
Other Receivables	9.4	13.14	19.99	12.96	8.11	1.53
Receivables	516.24	422.22	350.69	280.28	252.7	172.8
Inventory	308.69	268.35	232.69	241.2	179.64	102.94
Other Current Assets	34.17	29.29	14.12	20.74	11.38	24.72
Total Current Assets	1,939	1,668	984.55	1,108	1,216	1,195
Property, Plant & Equipment	830	761.11	697.7	621.74	363.65	262.84
Long-Term Investments	10	10	10	-	-	-
Goodwill	232.35	232.35	109.86	109.86	109.86	109.86
Other Intangible Assets	162.08	162.73	111.34	35.57	35.79	30.8
Long-Term Deferred Tax Assets	88.79	69.11	45.89	34.87	11.69	12.55
Long-Term Deferred Charges	29.25	15.04	4.23	3.4	1.96	1.21
Other Long-Term Assets	30.21	33.6	37.16	48.83	29.35	9.47
Total Assets	3,322	2,952	2,001	1,962	1,768	1,622
Accounts Payable	235.35	172.78	105.06	144.25	62.37	49.55
Accrued Expenses	59.99	67.17	34.64	38.98	39.22	32.85
Short-Term Debt	398.29	322.97	-	0.1	2.88	-
Current Portion of Long-Term Debt	35.8	15.21	-	-	-	-
Current Portion of Leases	6.77	3.97	3.73	3.66	3.83	-
Current Income Taxes Payable	5.3	8.13	2.43	1.37	4.87	1.65
Current Unearned Revenue	14.6	10.73	14.57	10.02	4.43	1.95
Other Current Liabilities	47.95	64.52	37.67	36.13	55.99	92.05
Total Current Liabilities	804.06	665.47	198.1	234.5	173.6	178.05
Long-Term Debt	289.68	162.31	-	-	-	-
Long-Term Leases	32.48	0.15	1.81	5.29	8.61	-
Long-Term Unearned Revenue	145.97	151.06	82.9	55.39	46.22	35.08
Long-Term Deferred Tax Liabilities	7.42	7.92	11.98	14.62	3.85	4.98
Other Long-Term Liabilities	3.93	3.17	2.59	1.96	2.04	0.75
Total Liabilities	1,284	990.07	297.38	311.76	234.32	218.87
Common Stock	249.18	249.18	245.31	164.08	164.06	108.52
Additional Paid-In Capital	1,150	1,128	960.3	1,051	1,038	1,058
Retained Earnings	562.76	535.81	493.74	466.88	381.89	272.79
Treasury Stock	-	-	-7.2	-30.75	-38.02	-40.6
Comprehensive Income & Other	42.73	12.38	11.18	-1.02	-12.76	4.41
Total Common Equity	2,005	1,925	1,703	1,650	1,534	1,403
Minority Interest	33.68	36.43	-	-	-	-
Shareholders' Equity	2,039	1,962	1,703	1,650	1,534	1,403
Total Liabilities & Equity	3,322	2,952	2,001	1,962	1,768	1,622
Total Debt	763.02	504.61	5.54	9.05	15.33	-
Net Cash (Debt)	317.37	443.27	381.51	556.33	756.5	894.61
Net Cash Growth	-26.88%	16.19%	-31.42%	-26.46%	-15.44%	166.66%
Net Cash Per Share	1.26	1.78	1.56	2.26	3.09	3.65
Filing Date Shares Outstanding	249.18	249.18	245.31	246.12	246.09	244.16
Total Common Shares Outstanding	249.18	249.18	245.31	246.12	246.09	244.16
Working Capital	1,135	1,002	786.45	873.09	1,042	1,017
Book Value Per Share	8.05	7.73	6.94	6.70	6.23	5.75
Tangible Book Value	1,611	1,530	1,482	1,505	1,388	1,262
Tangible Book Value Per Share	6.46	6.14	6.04	6.11	5.64	5.17
Buildings	299.78	253.29	253.29	202.32	119.69	117.01
Machinery	618.95	557.92	491.38	401.61	233.52	221.32
Construction In Progress	177.7	208.53	144.6	150.85	105.9	7.34

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