Panda Dairy Corporation (SHE:300898)

Panda Dairy 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	126.66	182.3	261.36	143.61	140.52	194.82
Short-Term Investments	-	-	-	100.99	-	-
Trading Asset Securities	348.97	324.79	295.35	202.89	334.46	279.52
Cash & Short-Term Investments	475.63	507.09	556.71	447.5	474.98	474.34
Cash Growth	-12.52%	-8.91%	24.40%	-5.79%	0.13%	196.62%
Accounts Receivable	42.7	22.11	35.93	38.97	27.94	30.18
Other Receivables	11.71	16.51	24.69	16.78	6.73	7.08
Receivables	54.41	38.62	60.62	55.75	34.66	37.26
Inventory	140.98	98.92	123.65	176.83	133.76	103.58
Finance Div. Other Current Assets	-	70	-	-	-	-
Prepaid Expenses	-	-	-	0.54	-	-
Other Current Assets	74.38	15.9	36.97	38.62	81.44	93.57
Total Current Assets	745.4	730.53	777.94	719.24	724.84	708.75
Property, Plant & Equipment	280.14	291.33	291.07	287.16	273.76	201.57
Long-Term Investments	7.5	9.12	12.03	11.82	2.42	8.25
Other Intangible Assets	48.82	44.63	46.25	47.9	49.28	51.3
Long-Term Deferred Tax Assets	5.93	7.66	6.72	3.95	2.96	1.56
Long-Term Deferred Charges	0.99	1.27	0.12	0.11	0.21	0.1
Other Long-Term Assets	7.15	7.28	12.36	8.76	12.97	12.32
Total Assets	1,096	1,092	1,146	1,079	1,066	983.85
Accounts Payable	37.29	23.95	39.58	40.81	47.66	18.5
Accrued Expenses	14.35	24.77	25.95	24.32	38.24	28.48
Short-Term Debt	20.05	-	80.07	90.1	70.08	118.38
Current Portion of Long-Term Debt	-	20.02	0.02	-	-	-
Current Portion of Leases	0.33	0.31	0.42	0.56	1.5	-
Current Income Taxes Payable	11.44	5.79	5.05	2.82	2.73	10.82
Current Unearned Revenue	12.06	8.33	7.7	10.85	33.95	18.98
Other Current Liabilities	5.57	7.87	14.68	29.89	23.25	7.52
Total Current Liabilities	101.1	91.05	173.46	199.36	217.39	202.68
Long-Term Debt	-	-	20	-	-	-
Long-Term Leases	0.51	0.67	-	0.45	-	-
Long-Term Unearned Revenue	4.85	5.63	3.56	4.36	5.03	-
Long-Term Deferred Tax Liabilities	1.73	0.9	0.09	0.01	0.44	0.32
Other Long-Term Liabilities	-	-	-	-	0.66	0.66
Total Liabilities	108.2	98.25	197.11	204.18	223.52	203.65
Common Stock	124	124	124	125.23	124.98	124
Additional Paid-In Capital	413.63	414.86	414.73	432.28	425.94	411.42
Retained Earnings	442.72	445.42	404.92	320.94	292.52	233.78
Treasury Stock	-	-	-	-19.21	-15.5	-
Total Common Equity	980.36	984.28	943.65	859.23	827.94	769.19
Minority Interest	7.38	9.3	5.73	15.53	14.98	11
Shareholders' Equity	987.73	993.58	949.38	874.76	842.92	780.2
Total Liabilities & Equity	1,096	1,092	1,146	1,079	1,066	983.85
Total Debt	20.9	21	100.51	91.12	71.57	118.38
Net Cash (Debt)	454.73	486.09	456.2	356.38	403.41	355.96
Net Cash Growth	-13.00%	6.55%	28.01%	-11.66%	13.33%	147.17%
Net Cash Per Share	3.67	3.92	3.67	2.87	3.23	3.62
Filing Date Shares Outstanding	124	124	124	125.23	124.98	124
Total Common Shares Outstanding	124	124	124	125.23	124.98	124
Working Capital	644.31	639.48	604.48	519.88	507.45	506.07
Book Value Per Share	7.91	7.94	7.61	6.86	6.62	6.20
Tangible Book Value	931.54	939.65	897.39	811.33	778.67	717.9
Tangible Book Value Per Share	7.51	7.58	7.24	6.48	6.23	5.79
Buildings	-	146.66	138.15	131.24	106.08	102.56
Machinery	-	232.45	204.82	200.87	189.04	162.01
Construction In Progress	-	78.2	97.18	86.28	94.93	37.83

Source: S&P Global Market Intelligence. Standard template. Financial Sources.