Sanhe Tongfei Refrigeration Co., Ltd. (SHE:300990)

SHE:300990 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	232.13	165.94	202.91	217.27	96.83	64.46
Trading Asset Securities	-	200.19	211.57	439.97	837.7	40.73
Cash & Short-Term Investments	232.13	366.14	414.48	657.24	934.53	105.19
Cash Growth	-41.74%	-11.66%	-36.94%	-29.67%	788.45%	50.92%
Accounts Receivable	1,368	996.93	800.25	388.94	286.59	210.91
Other Receivables	4.51	1.78	1.44	1.71	1.53	1.82
Receivables	1,373	998.71	801.69	390.65	288.12	212.73
Inventory	293.9	317.17	180.58	206.29	106.54	63.89
Prepaid Expenses	-	-	0.62	-	-	-
Other Current Assets	6.24	11.3	6.15	13.65	4.88	2.5
Total Current Assets	1,905	1,693	1,404	1,268	1,334	384.31
Property, Plant & Equipment	628.08	648.86	611.91	428.15	268.72	111.16
Other Intangible Assets	144.26	147.65	151.91	157.6	88.05	50.67
Long-Term Deferred Tax Assets	23.9	7.7	3.84	4.3	2.87	1.88
Other Long-Term Assets	0.42	0.82	3.9	1.16	0.47	0.16
Total Assets	2,702	2,498	2,175	1,859	1,694	548.17
Accounts Payable	509.65	448.46	272.03	154.04	73.26	36.66
Accrued Expenses	75.32	72.3	61.03	35.69	28.53	25.44
Short-Term Debt	-	-	2.5	-	-	-
Current Portion of Leases	6.01	3.7	3.57	0.7	0.45	-
Current Income Taxes Payable	-	18.26	16.71	-	2.94	4.33
Current Unearned Revenue	23.98	13.06	12.39	8.83	11.79	5.56
Other Current Liabilities	35.86	27.23	3.72	2.67	2.66	1.61
Total Current Liabilities	650.81	583.02	371.95	201.93	119.63	73.59
Long-Term Leases	6.36	6.36	9.88	1.17	0.54	-
Long-Term Unearned Revenue	18.33	18.76	15.54	12.69	14.82	0.46
Long-Term Deferred Tax Liabilities	-	-	-	6.62	2.32	0.74
Other Long-Term Liabilities	-	-	14.61	4.97	4.24	3.21
Total Liabilities	675.5	608.13	411.97	227.38	141.56	78.01
Common Stock	169.75	169.4	168.48	93.6	52	39
Additional Paid-In Capital	1,183	1,145	1,088	1,139	1,177	185.88
Retained Earnings	671.8	576.03	506.85	399.35	323.54	245.19
Comprehensive Income & Other	1.65	-0.47	0.25	-0.12	-0.21	0.08
Shareholders' Equity	2,026	1,890	1,763	1,632	1,553	470.16
Total Liabilities & Equity	2,702	2,498	2,175	1,859	1,694	548.17
Total Debt	12.37	10.06	15.95	1.87	1	-
Net Cash (Debt)	219.76	356.08	398.53	655.36	933.53	105.19
Net Cash Growth	-42.34%	-10.65%	-39.19%	-29.80%	787.50%	51.10%
Net Cash Per Share	1.31	2.11	2.36	3.90	6.05	0.83
Filing Date Shares Outstanding	169.75	169.4	168.48	168.48	168.48	126.36
Total Common Shares Outstanding	169.75	169.4	168.48	168.48	168.48	126.36
Working Capital	1,254	1,110	1,032	1,066	1,214	310.71
Book Value Per Share	11.94	11.16	10.46	9.68	9.22	3.72
Tangible Book Value	1,882	1,743	1,611	1,474	1,465	419.49
Tangible Book Value Per Share	11.09	10.29	9.56	8.75	8.69	3.32
Buildings	-	518.17	306.14	233.06	180.64	44.84
Machinery	-	245.29	173.42	146.33	85.68	26.61
Construction In Progress	-	7.25	205.84	103.62	39.13	66.71

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