Paragon 28 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	2,388	2,540	1,652	1,628	1,505	905.28
Trading Asset Securities	65.41	66.45	245.2	369.82	60.39	26.56
Cash & Short-Term Investments	2,453	2,607	1,897	1,998	1,566	931.84
Cash Growth	21.53%	37.40%	-5.03%	27.60%	68.03%	22.69%
Accounts Receivable	465.07	511.93	258.75	189.02	201.89	159.87
Other Receivables	159.08	190.88	92.98	57.5	34.32	48.1
Receivables	624.15	702.81	351.73	246.52	236.21	207.97
Inventory	624.48	567.03	459.73	489.59	512.56	526.21
Prepaid Expenses	-	175.02	99.72	70.11	29.7	4.79
Other Current Assets	308.73	91.33	97.77	348.33	38.91	44.6
Total Current Assets	4,010	4,143	2,906	3,152	2,383	1,715
Property, Plant & Equipment	5,694	5,483	3,465	2,413	1,123	902.34
Long-Term Investments	72.62	72.89	65.28	51.9	29.23	43.14
Other Intangible Assets	271.18	272.93	274.6	238.59	225.45	103.28
Long-Term Accounts Receivable	-	-	3.96	8.33	10.07	-
Long-Term Deferred Tax Assets	38.07	29.47	32.36	26.68	27.6	37.7
Long-Term Deferred Charges	11.38	12.41	11.51	17.65	19.81	23.23
Other Long-Term Assets	118.78	137.2	38.86	80.28	213.45	42.23
Total Assets	10,217	10,151	6,798	5,989	4,032	2,867
Accounts Payable	712.44	835.18	628.53	507.25	525.37	580.81
Accrued Expenses	72.81	151.34	121.49	102.37	96.38	70.9
Short-Term Debt	716.2	584.67	580.04	902.31	629.25	712.51
Current Portion of Long-Term Debt	570.14	231.78	77.98	56.49	127.42	19.57
Current Portion of Leases	-	283.54	124.36	111.06	60.98	-
Current Income Taxes Payable	102.32	25.06	16.8	38.4	9.45	23.42
Current Unearned Revenue	63.2	81.76	66.93	56.37	77.39	54.07
Other Current Liabilities	206.47	349.14	70.13	40.3	16.62	12.49
Total Current Liabilities	2,444	2,542	1,686	1,815	1,543	1,474
Long-Term Debt	1,238	1,046	904.78	700.72	392	349.51
Long-Term Leases	2,727	2,801	1,035	973.06	175.28	-
Long-Term Unearned Revenue	36.61	35.33	40.96	22.54	3.99	3.6
Long-Term Deferred Tax Liabilities	66.4	64.5	87.72	25.26	12.57	18.82
Other Long-Term Liabilities	9.18	9.11	5.82	-	-	-
Total Liabilities	6,521	6,498	3,761	3,536	2,127	1,846
Common Stock	341.31	341.31	312.45	239.16	220.72	138.9
Additional Paid-In Capital	1,586	1,585	1,199	1,247	956.3	305.46
Retained Earnings	1,726	1,675	1,464	913.91	739.32	579.65
Treasury Stock	-	-	-	-	-	-4.88
Comprehensive Income & Other	42.27	52.3	62.08	52.24	-10.99	2.1
Total Common Equity	3,696	3,653	3,037	2,453	1,905	1,021
Minority Interest	0.01	0.01	0.01	0.02	0	0.42
Shareholders' Equity	3,696	3,653	3,037	2,453	1,905	1,022
Total Liabilities & Equity	10,217	10,151	6,798	5,989	4,032	2,867
Total Debt	5,251	4,947	2,722	2,744	1,385	1,082
Net Cash (Debt)	-2,798	-2,340	-825.06	-745.8	180.79	-149.75
Net Cash Per Share	-8.49	-7.31	-2.63	-2.39	0.64	-0.63
Filing Date Shares Outstanding	341.31	341.31	312.45	311.01	286.93	234.73
Total Common Shares Outstanding	341.31	341.31	312.45	310.91	286.93	234.73
Working Capital	1,567	1,601	1,220	1,338	840.24	241.65
Book Value Per Share	10.83	10.70	9.72	7.89	6.64	4.35
Tangible Book Value	3,425	3,380	2,762	2,214	1,680	917.94
Tangible Book Value Per Share	10.04	9.90	8.84	7.12	5.85	3.91
Land	-	1,124	936.52	325.21	105.49	-
Buildings	-	945.83	517.93	321.34	545.71	290.93
Machinery	-	696.95	729.76	430.72	367.91	267.51
Construction In Progress	-	167.66	452.01	510.54	63.91	483.65

Updated Oct 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.