Qingyan Environmental Technology Co., Ltd. (SHE:301288)

SHE:301288 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	265.14	320.87	299.37	391.42	13.67	11.11
Trading Asset Securities	161.55	174.24	265.33	221.81	191.09	193.86
Cash & Short-Term Investments	426.69	495.12	564.7	613.23	204.77	204.96
Cash Growth	-21.38%	-12.32%	-7.91%	199.48%	-0.10%	236.43%
Accounts Receivable	168.72	182.76	164.44	138.91	144.3	91.62
Other Receivables	0.92	0.9	0.83	0.72	1.24	0.49
Receivables	169.65	183.67	165.28	139.63	145.53	92.11
Inventory	30.81	23.36	13.72	13.54	13.49	46.43
Other Current Assets	73.96	20.56	12.26	15.7	9.25	2.59
Total Current Assets	701.1	722.71	755.96	782.1	373.04	346.09
Property, Plant & Equipment	181.76	182.17	178.72	116.09	21.73	10.64
Long-Term Investments	-	-	2.91	2.45	2.04	1.59
Other Intangible Assets	15.46	15.55	15.91	15.94	16.28	16.61
Long-Term Accounts Receivable	-	-	-	-	-	3.4
Long-Term Deferred Tax Assets	7.74	7.83	5.21	2.98	1.79	1.08
Other Long-Term Assets	14.26	2.76	2.61	2.29	13.51	-
Total Assets	920.32	931.01	961.32	921.85	428.39	379.4
Accounts Payable	76.52	91.26	75.88	45.04	14.38	8.51
Accrued Expenses	2.63	5.04	8.91	13.32	13.92	17.68
Short-Term Debt	1.08	10.51	13.66	26.72	17.82	13.37
Current Portion of Leases	0.44	0.78	1.34	1.34	2.62	-
Current Income Taxes Payable	1.44	1.33	4.6	7.12	5.35	2.82
Current Unearned Revenue	18.53	9.28	4.9	9.07	7.48	51.52
Other Current Liabilities	5.19	3.92	2.84	2.43	2.29	5.1
Total Current Liabilities	105.83	122.13	112.12	105.04	63.86	99.01
Long-Term Leases	-	-	0.67	1.13	2.59	-
Long-Term Unearned Revenue	0.58	0.6	0.02	0.38	0.13	0.85
Long-Term Deferred Tax Liabilities	0.23	0.39	0.54	0.38	0.17	0.21
Total Liabilities	106.64	123.11	113.35	106.93	66.75	100.07
Common Stock	108.01	108.01	108.01	108.01	81	81
Additional Paid-In Capital	640.13	638.05	624.68	612.58	184.08	170.05
Retained Earnings	85.55	86.74	115.59	94.63	96.68	28.29
Treasury Stock	-25.7	-25.7	-	-	-	-
Comprehensive Income & Other	0	0	-	-	-	-
Total Common Equity	807.98	807.11	848.28	815.22	361.76	279.33
Minority Interest	5.7	0.8	-0.31	-0.3	-0.12	-
Shareholders' Equity	813.68	807.91	847.98	814.92	361.64	279.33
Total Liabilities & Equity	920.32	931.01	961.32	921.85	428.39	379.4
Total Debt	1.52	11.29	15.67	29.19	23.02	13.37
Net Cash (Debt)	425.18	483.83	549.04	584.04	181.74	191.6
Net Cash Growth	-18.25%	-11.88%	-5.99%	221.36%	-5.15%	242.63%
Net Cash Per Share	3.96	4.52	4.98	5.75	2.25	2.40
Filing Date Shares Outstanding	106.33	106.33	108.01	108.01	108.01	79.99
Total Common Shares Outstanding	106.33	106.33	108.01	108.01	81	79.99
Working Capital	595.27	600.58	643.84	677.06	309.18	247.09
Book Value Per Share	7.60	7.59	7.85	7.55	4.47	3.47
Tangible Book Value	792.53	791.56	832.37	799.28	345.48	262.72
Tangible Book Value Per Share	7.45	7.44	7.71	7.40	4.27	3.26
Buildings	-	65.87	65.87	-	-	-
Machinery	-	9.22	8.93	5.44	5.2	4.69
Construction In Progress	-	113.81	105.77	108.02	6.73	0.04

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