Shenzhen Manst Technology Co., Ltd. (SHE:301325)

Shenzhen Manst Technology 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	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	483.44	541.75	766.17	70.88	83.63	113.48
Trading Asset Securities	793.58	1,159	1,266	110.32	60.07	-
Cash & Short-Term Investments	1,277	1,701	2,033	181.2	143.71	113.48
Cash Growth	-27.29%	-16.31%	1021.78%	26.09%	26.63%	434.03%
Accounts Receivable	772.83	914.24	766.37	486.77	188.92	77.95
Other Receivables	250.76	122.41	21.12	3.19	0.12	0.06
Receivables	1,024	1,037	787.5	489.96	189.04	78.01
Inventory	805.91	683.75	455.78	185.67	101.32	29.01
Prepaid Expenses	-	2.18	0.42	-	-	-
Other Current Assets	372.14	209.54	48.6	21.3	18.59	5.23
Total Current Assets	3,479	3,633	3,325	878.12	452.66	225.73
Property, Plant & Equipment	824.81	688.69	253.61	115.2	73.7	20.77
Long-Term Investments	48.19	18.35	9	-	-	-
Goodwill	51.32	51.32	51.32	-	-	-
Other Intangible Assets	135.44	127.44	12.79	3.52	2.6	2.8
Long-Term Deferred Tax Assets	69.31	42.34	33.14	9.44	2.32	0.88
Long-Term Deferred Charges	17.04	22.08	15.18	3.33	1.08	1.16
Other Long-Term Assets	129.93	32.16	33.35	15.2	7.96	1.06
Total Assets	4,755	4,616	3,733	1,025	540.33	252.41
Accounts Payable	514.6	666.14	263.07	137.23	80.59	26.99
Accrued Expenses	39.88	42.07	66.31	46.56	19.27	7.74
Short-Term Debt	739.78	487.78	74.89	-	1.28	-
Current Portion of Long-Term Debt	32.39	8.55	-	-	-	-
Current Portion of Leases	-	26.6	18.8	5.39	3.63	-
Current Income Taxes Payable	3.75	9.8	17.51	27.13	8.18	9.49
Current Unearned Revenue	382.2	305.95	130.6	168.71	51.13	11.85
Other Current Liabilities	82.29	79.22	104.06	75.07	28.19	9.58
Total Current Liabilities	1,795	1,626	675.24	460.09	192.27	65.66
Long-Term Debt	68.16	48.5	4.66	-	-	-
Long-Term Leases	27.55	40.43	44.62	16.91	15.86	-
Long-Term Unearned Revenue	9	6.27	1.05	0.67	0.69	0.7
Long-Term Deferred Tax Liabilities	0.19	0.23	17.17	3.26	0.01	-
Other Long-Term Liabilities	12.99	11.33	0.8	0.31	-	-
Total Liabilities	1,913	1,733	743.54	481.24	208.83	66.36
Common Stock	143.89	143.89	120	90	90	86.31
Additional Paid-In Capital	2,212	2,210	2,230	147.69	140.73	94.79
Retained Earnings	551.18	586.64	645.75	304.38	101.02	5.85
Treasury Stock	-74.58	-46.44	-	-	-	-
Comprehensive Income & Other	0.1	-0.63	0.08	-	-	-
Total Common Equity	2,832	2,894	2,996	542.07	331.75	186.96
Minority Interest	9.75	-10.98	-5.99	1.51	-0.25	-0.9
Shareholders' Equity	2,842	2,883	2,990	543.58	331.5	186.06
Total Liabilities & Equity	4,755	4,616	3,733	1,025	540.33	252.41
Total Debt	867.88	611.86	142.97	22.3	20.77	-
Net Cash (Debt)	409.14	1,089	1,890	158.9	122.94	113.48
Net Cash Growth	-47.15%	-42.35%	1089.25%	29.25%	8.33%	495.73%
Net Cash Per Share	2.81	7.45	14.39	1.47	1.14	1.16
Filing Date Shares Outstanding	142.56	143.07	143.46	108	107.74	103.57
Total Common Shares Outstanding	142.56	143.07	144	108	107.74	103.57
Working Capital	1,684	2,007	2,650	418.03	260.39	160.07
Book Value Per Share	19.87	20.23	20.80	5.02	3.08	1.81
Tangible Book Value	2,645	2,715	2,932	538.55	329.14	184.15
Tangible Book Value Per Share	18.56	18.98	20.36	4.99	3.05	1.78
Buildings	-	84.35	38.56	4.54	4.54	-
Machinery	-	452.07	119.94	56.49	32.77	17.3
Construction In Progress	-	131.96	55.52	44.12	23.28	6.04

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