Jiangsu Lopal Tech. Group Co., Ltd. (HKG:2465)

Jiangsu Lopal Tech. Group 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,580	2,765	3,309	2,030	852.63	909.3
Trading Asset Securities	1,409	505.36	59.53	30.74	0.43	80
Cash & Short-Term Investments	4,989	3,270	3,369	2,060	853.06	989.3
Cash Growth	82.22%	-2.93%	63.50%	141.53%	-13.77%	86.61%
Accounts Receivable	2,508	1,753	2,654	3,160	1,205	399.67
Other Receivables	105.6	89.25	85.48	88.48	37.14	49.48
Receivables	2,613	1,842	2,740	3,248	1,242	449.15
Inventory	1,537	1,392	1,610	3,007	1,101	321.27
Prepaid Expenses	-	-	-	2.99	-	1.54
Other Current Assets	579.78	661.43	668.69	950.84	322.12	66.46
Total Current Assets	9,719	7,166	8,387	9,270	3,518	1,828
Property, Plant & Equipment	7,398	7,354	7,165	3,738	1,641	553.29
Long-Term Investments	179.33	189.11	215.94	212.13	155.17	80
Goodwill	214.17	214.17	289.83	362.6	390.07	206.73
Other Intangible Assets	399.33	404.65	433.86	332.19	261.41	234.54
Long-Term Deferred Tax Assets	370.8	344.33	392.69	62.3	20.24	6.93
Long-Term Deferred Charges	-	116.27	121.38	116.22	18.82	9.26
Other Long-Term Assets	158.03	20.88	220.55	597.37	100.38	37.44
Total Assets	18,438	15,809	17,227	14,691	6,105	2,956
Accounts Payable	2,044	813.84	1,622	1,498	621.38	152.2
Accrued Expenses	61.92	99.32	86.35	87.05	82.75	55.04
Short-Term Debt	4,698	3,986	5,068	3,442	971.17	406.59
Current Portion of Long-Term Debt	2,208	1,452	1,438	596.88	104.46	20.02
Current Portion of Leases	-	58.2	82.86	297.39	157.43	-
Current Income Taxes Payable	40.77	5.32	4.87	82.51	59.12	9.31
Current Unearned Revenue	40.15	92.29	21.94	425.74	60.19	30.72
Other Current Liabilities	1,569	2,037	1,309	661.61	223.38	121.65
Total Current Liabilities	10,661	8,543	9,632	7,092	2,280	795.53
Long-Term Debt	2,621	2,204	2,069	1,241	727.97	1
Long-Term Leases	939.79	950.46	795.42	360.6	188.75	-
Long-Term Unearned Revenue	211.15	171.13	88.34	33.83	38.18	42.07
Long-Term Deferred Tax Liabilities	15.32	6.65	8.83	8.52	10.06	2.05
Other Long-Term Liabilities	162.96	-	451.25	345	345	-
Total Liabilities	14,611	11,875	13,046	9,081	3,590	840.65
Common Stock	685.08	665.08	565.08	565.08	482.09	344.37
Additional Paid-In Capital	2,763	2,752	2,588	2,585	575.61	941.36
Retained Earnings	-406.57	-285.59	350.07	1,583	935.58	645.69
Treasury Stock	-50.27	-50.27	-50.27	-12	-	-7.89
Comprehensive Income & Other	0.95	-0.96	-0.47	1.01	0.85	0.58
Total Common Equity	2,992	3,080	3,452	4,723	1,994	1,924
Minority Interest	835.85	853.23	728.89	886.82	521.13	191.16
Shareholders' Equity	3,828	3,933	4,181	5,609	2,515	2,115
Total Liabilities & Equity	18,438	15,809	17,227	14,691	6,105	2,956
Total Debt	10,466	8,650	9,454	5,939	2,150	427.61
Net Cash (Debt)	-5,477	-5,380	-6,085	-3,878	-1,297	561.68
Net Cash Growth	-	-	-	-	-	144.06%
Net Cash Per Share	-8.11	-9.31	-10.76	-7.31	-2.70	1.33
Filing Date Shares Outstanding	683	663	565.08	565.08	482.09	482.12
Total Common Shares Outstanding	683	663	565.08	565.08	482.09	482.12
Working Capital	-942.42	-1,377	-1,245	2,178	1,238	1,032
Book Value Per Share	4.38	4.65	6.11	8.36	4.14	3.99
Tangible Book Value	2,378	2,461	2,728	4,028	1,343	1,483
Tangible Book Value Per Share	3.48	3.71	4.83	7.13	2.79	3.08
Buildings	-	1,937	730.62	503.65	450.7	409.84
Machinery	-	5,313	3,758	2,117	973.44	324.5
Construction In Progress	-	574.55	2,578	1,367	538.7	64.12

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