Fujian Torch Electron Technology Co., Ltd. (SHA:603678)

SHA:603678 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	969.85	999.38	819.42	922.47	843.91
Short-Term Investments	-	-	70.75	-	-
Trading Asset Securities	27.08	150.71	-	-	-
Cash & Short-Term Investments	996.93	1,150	890.17	922.47	843.91
Cash Growth	-13.32%	29.20%	-3.50%	9.31%	90.94%
Accounts Receivable	1,895	2,128	2,416	2,358	2,249
Other Receivables	112.8	1.65	3.49	4.39	3.03
Receivables	2,008	2,129	2,420	2,362	2,252
Inventory	1,310	1,306	1,238	1,129	951.99
Prepaid Expenses	-	0.09	0.1	0.24	0.66
Other Current Assets	151.22	150.2	166.53	225.92	132.77
Total Current Assets	4,466	4,735	4,715	4,640	4,182
Property, Plant & Equipment	2,512	2,408	2,285	1,529	1,314
Long-Term Investments	108.93	200.69	164.29	74.71	69.02
Goodwill	107.03	132.31	34.2	20.14	20.14
Other Intangible Assets	242.7	266.22	185.77	179.47	146.93
Long-Term Deferred Tax Assets	84.69	59.5	66.71	61.24	53.38
Long-Term Deferred Charges	58.86	43.01	22.61	30.19	24.95
Other Long-Term Assets	127.25	74.49	68.22	406.43	123.96
Total Assets	7,707	7,920	7,542	6,940	5,934
Accounts Payable	459.97	481.73	351.16	443.38	716.85
Accrued Expenses	77.31	84.25	95.71	88.69	49.08
Short-Term Debt	286.01	563.42	563.36	799.91	537.76
Current Portion of Long-Term Debt	132.27	69.28	52.96	50.19	54.25
Current Portion of Leases	-	6.95	8.47	7.65	-
Current Income Taxes Payable	23.36	20.08	19.39	44.09	45.87
Current Unearned Revenue	3.07	6.79	7.31	3.02	4.83
Other Current Liabilities	15.82	15.87	31.11	79.89	22.69
Total Current Liabilities	997.81	1,248	1,129	1,517	1,431
Long-Term Debt	791.7	817.56	725.16	478.92	424.99
Long-Term Leases	9.83	12.77	14.72	17.9	-
Long-Term Unearned Revenue	182.25	159.75	157.68	72.71	35.02
Long-Term Deferred Tax Liabilities	8.72	12.86	47.84	31.04	17.69
Other Long-Term Liabilities	-	-	1.35	1.35	1.35
Total Liabilities	1,990	2,251	2,076	2,119	1,910
Common Stock	458.34	458.9	459.86	459.86	459.85
Additional Paid-In Capital	1,263	1,298	1,305	1,291	1,298
Retained Earnings	3,751	3,656	3,498	2,915	2,112
Treasury Stock	-90.48	-95.48	-77.17	-42.18	-29.99
Comprehensive Income & Other	104.38	97.36	95.32	53.66	60.51
Total Common Equity	5,486	5,416	5,281	4,677	3,900
Minority Interest	231.04	252.64	184.09	144.92	123.25
Shareholders' Equity	5,717	5,668	5,465	4,822	4,024
Total Liabilities & Equity	7,707	7,920	7,542	6,940	5,934
Total Debt	1,220	1,470	1,365	1,355	1,017
Net Cash (Debt)	-222.87	-319.89	-474.5	-432.09	-173.09
Net Cash Per Share	-0.49	-0.69	-1.00	-0.91	-0.37
Filing Date Shares Outstanding	453.71	450.4	460.3	457.9	458.45
Total Common Shares Outstanding	453.71	450.4	460.3	457.9	458.45
Working Capital	3,468	3,487	3,585	3,123	2,750
Book Value Per Share	12.09	12.02	11.47	10.21	8.51
Tangible Book Value	5,136	5,017	5,061	4,477	3,733
Tangible Book Value Per Share	11.32	11.14	11.00	9.78	8.14
Buildings	-	1,501	1,390	737.23	588.67
Machinery	-	1,254	1,195	844.87	701.42
Construction In Progress	-	343.44	214.66	327.5	332.81

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.