United Testing Inspection And Certification Technology Co., Ltd. (SHE:301115)

SHE:301115 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	245.71	320.67	308.88	508.44	206.97	189.45
Short-Term Investments	115.14	72.92	366.88	241.2	-	-
Trading Asset Securities	914.57	987.61	826.34	1,025	1.73	-
Cash & Short-Term Investments	1,275	1,381	1,502	1,775	208.69	189.45
Cash Growth	-9.05%	-8.05%	-15.37%	750.52%	10.16%	140.26%
Accounts Receivable	1,304	1,324	1,330	836.86	700.95	633.69
Other Receivables	32.56	25.83	36.45	10.16	10.66	2.7
Receivables	1,337	1,350	1,366	847.03	711.61	636.39
Inventory	49.81	32.76	37.13	30.13	32.56	21.46
Prepaid Expenses	0.67	0.02	0.09	0.01	3.81	0.1
Other Current Assets	34.86	30.24	24.49	34.28	17.41	35.51
Total Current Assets	2,697	2,794	2,930	2,686	974.08	882.9
Property, Plant & Equipment	725.84	682.3	542	313.81	196.05	125.95
Long-Term Investments	35.98	26.79	97.09	86.9	21.48	19.02
Goodwill	186.25	183.27	175.57	17.5	13.4	13.4
Other Intangible Assets	70.37	71.05	68.4	49.84	48.99	24.12
Long-Term Accounts Receivable	3.56	4.54	12.76	12.39	13.47	24.18
Long-Term Deferred Tax Assets	46.57	38.47	30.78	17.08	17.94	18.64
Long-Term Deferred Charges	30.61	23.16	33.57	27.8	26.95	17.62
Other Long-Term Assets	50.79	17.01	12.75	29.22	6.65	2.97
Total Assets	3,847	3,841	3,903	3,241	1,319	1,129
Accounts Payable	375.64	427.57	453.25	253.62	273.25	234.72
Accrued Expenses	106.98	155.63	163.81	114.7	104.53	96.6
Short-Term Debt	255.48	153.17	118.15	19.84	25.12	0.58
Current Portion of Leases	28.71	27.94	26.64	12.37	11.01	-
Current Income Taxes Payable	4.47	11.87	21.65	0.29	8.36	18.03
Current Unearned Revenue	71.53	63.94	54.08	30.26	33.71	41.38
Other Current Liabilities	150.14	183.19	209.95	146.97	70.48	64.82
Total Current Liabilities	992.95	1,023	1,048	578.05	526.46	456.14
Long-Term Leases	45.51	57.62	50.36	21.05	19.7	-
Long-Term Unearned Revenue	10.31	12.65	14.02	16.83	6.91	7.56
Long-Term Deferred Tax Liabilities	10.45	9.74	8.92	-	-	-
Total Liabilities	1,059	1,103	1,121	615.93	553.07	463.7
Common Stock	185.16	185.16	185.39	185.09	135	135
Additional Paid-In Capital	1,965	1,962	1,966	1,921	149.33	149.33
Retained Earnings	574.85	549.95	596.21	560.41	460.89	359.84
Treasury Stock	-132.47	-132.47	-71.15	-63.72	-	-
Comprehensive Income & Other	5.93	7.29	8.68	5.34	5.82	6.27
Total Common Equity	2,598	2,572	2,685	2,608	751.04	650.44
Minority Interest	190.14	165.29	96.84	16.67	14.91	14.67
Shareholders' Equity	2,788	2,737	2,782	2,625	765.95	665.11
Total Liabilities & Equity	3,847	3,841	3,903	3,241	1,319	1,129
Total Debt	329.7	238.73	195.15	53.26	55.83	0.58
Net Cash (Debt)	945.72	1,142	1,307	1,722	152.87	188.87
Net Cash Growth	-12.22%	-12.59%	-24.09%	1026.28%	-19.06%	271.34%
Net Cash Per Share	5.20	6.23	7.15	11.44	1.13	1.50
Filing Date Shares Outstanding	178.91	178.91	181.02	180	135	135
Total Common Shares Outstanding	178.91	178.91	181.02	180	135	135
Working Capital	1,704	1,771	1,882	2,108	447.62	426.77
Book Value Per Share	14.52	14.38	14.83	14.49	5.56	4.82
Tangible Book Value	2,341	2,318	2,441	2,541	688.64	612.92
Tangible Book Value Per Share	13.09	12.95	13.49	14.12	5.10	4.54
Buildings	144.95	140.62	130.8	122.34	89.58	75.22
Machinery	511.89	492.04	426.64	332.79	234.06	193.74
Construction In Progress	301.6	250.71	147.26	18.96	2.13	0.65

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