Shenzhen Vital New Material Co., Ltd. (SHE:301319)

SHE:301319 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Cash & Equivalents	184.43	161.86	160.03	381.91	217.23	74.72
Trading Asset Securities	328.83	470.34	427.28	308.34	451.21	-
Cash & Short-Term Investments	513.25	632.2	587.32	690.25	668.44	74.72
Cash Growth	-13.77%	7.64%	-14.91%	3.26%	794.61%	53.34%
Accounts Receivable	821.37	727.49	548.95	426.72	373.22	379.56
Other Receivables	7.35	0.44	0.17	0.14	0.25	3.33
Receivables	828.72	727.95	550.56	426.86	373.47	382.88
Inventory	183.39	97.62	108.12	72.21	74.98	83.96
Prepaid Expenses	-	0.04	0.01	0.43	-	3.51
Other Current Assets	35.24	12.27	12.91	13.15	12.91	9.32
Total Current Assets	1,561	1,470	1,259	1,203	1,130	554.39
Property, Plant & Equipment	71.73	62.02	57.65	48.42	52.61	61.79
Long-Term Investments	3.75	3.79	2.54	-	-	-
Goodwill	0.94	0.94	0.26	0.26	0.26	0.26
Other Intangible Assets	18.89	19.08	19.7	6.1	6.14	5.51
Long-Term Deferred Tax Assets	6.75	6.96	6.77	4.86	5.1	4.9
Long-Term Deferred Charges	21.24	21.61	19.97	2.22	1.97	2.46
Other Long-Term Assets	17.73	28.05	18.6	19.53	17	12.33
Total Assets	1,702	1,613	1,384	1,284	1,213	641.64

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Accounts Payable	324.56	309.92	156.36	70.4	75.1	118.64
Accrued Expenses	12.39	27.8	21.41	18.08	14.55	13.77
Short-Term Debt	3.84	7.7	7.81	-	-	89.51
Current Portion of Leases	1.16	1.32	1.19	0.5	1.04	0.92
Current Income Taxes Payable	10.35	4.29	2.84	4.04	1.18	2.5
Current Unearned Revenue	6.81	2.64	1.28	1.72	3.43	2.61
Other Current Liabilities	121.19	72.46	46.26	51.07	41.21	42.97
Total Current Liabilities	480.31	426.13	237.16	145.81	136.51	270.92
Long-Term Leases	1.07	1.18	1.25	0.49	0.5	1.4
Long-Term Unearned Revenue	2.66	0.61	1.44	2.31	2.19	4.05
Long-Term Deferred Tax Liabilities	0.39	0.97	0.67	0.23	0.48	-
Total Liabilities	484.43	428.89	240.52	148.84	139.67	276.36

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Common Stock	124.48	124.39	85.03	58.64	58.64	43.98
Additional Paid-In Capital	639.83	637.08	648.75	672.95	672.95	63.31
Retained Earnings	445.91	416.16	405.39	398.13	337.02	254.26
Comprehensive Income & Other	5.93	4.79	4.71	5.74	4.6	3.73
Total Common Equity	1,216	1,182	1,144	1,135	1,073	365.28
Minority Interest	1.04	1.22	-	-	-	-
Shareholders' Equity	1,217	1,184	1,144	1,135	1,073	365.28
Total Liabilities & Equity	1,702	1,613	1,384	1,284	1,213	641.64

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Total Debt	6.07	10.2	10.25	0.99	1.54	91.83
Net Cash (Debt)	507.18	622	577.06	689.26	666.9	-17.11
Net Cash Growth	-13.61%	7.79%	-16.28%	3.35%	-	-
Net Cash Per Share	2.82	3.47	3.23	3.85	4.60	-0.13
Filing Date Shares Outstanding	180.5	180.36	178.76	178.76	178.76	134.07
Total Common Shares Outstanding	180.5	180.36	178.76	178.76	178.76	134.07
Working Capital	1,080	1,044	1,022	1,057	993.29	283.47
Book Value Per Share	6.74	6.56	6.40	6.35	6.00	2.72
Tangible Book Value	1,196	1,162	1,124	1,129	1,067	359.5
Tangible Book Value Per Share	6.63	6.44	6.29	6.32	5.97	2.68
Buildings	-	78.23	78.23	69.65	69.65	76.19
Machinery	-	51.35	44.5	42.53	41.69	39.69
Construction In Progress	-	1.34	0.59	0.14	-	-

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 30, 2026

Data Sources Report a data error