Xiangtan Electrochemical Scientific Co.,Ltd (SHE:002125)

SHE:002125 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	688.96	487.72	480.6	284.74	229.17	185.26
Cash & Short-Term Investments	688.96	487.72	480.6	284.74	229.17	185.26
Cash Growth	110.01%	1.48%	68.79%	24.25%	23.70%	-37.21%
Accounts Receivable	585.33	510.43	556.19	687.64	537.84	375.25
Other Receivables	9.2	45.52	225.3	296.05	252.46	46.39
Receivables	594.53	555.95	781.49	983.7	790.3	421.63
Inventory	425.59	376.47	375.45	645.86	572.33	532.26
Other Current Assets	100.36	78.21	52.69	77	42.78	54.62
Total Current Assets	1,809	1,498	1,690	1,991	1,635	1,194
Property, Plant & Equipment	2,194	2,269	2,199	2,231	2,147	1,827
Long-Term Investments	816.31	771.21	753.52	505.91	321.33	225.75
Other Intangible Assets	306.54	313.69	272.18	267.57	218.85	218.31
Long-Term Deferred Tax Assets	47.19	42.99	50.09	44.94	34.9	31.28
Long-Term Deferred Charges	0.62	1.2	2.5	1.62	-	2.67
Other Long-Term Assets	26.68	27.31	49.46	92	126.3	166.32
Total Assets	5,201	4,924	5,017	5,135	4,483	3,665
Accounts Payable	316.72	365.91	365.56	770.19	572.03	375.3
Accrued Expenses	69.06	89.94	91.32	96.18	75	73.53
Short-Term Debt	326	445.59	514.36	500.3	877.9	851.98
Current Portion of Long-Term Debt	186.79	119.47	163.08	138.02	257.9	62.57
Current Portion of Leases	-	0.53	0.65	0.63	0.5	11.9
Current Income Taxes Payable	16.03	10.91	11.91	9.25	11.56	1.16
Current Unearned Revenue	9.35	6.72	5.96	76.9	15	5.13
Other Current Liabilities	44.35	31.3	140.84	102.07	104.54	18.6
Total Current Liabilities	968.3	1,070	1,294	1,694	1,914	1,400
Long-Term Debt	1,047	756.06	820.63	948.92	456.1	438.77
Long-Term Leases	13.62	13.86	15.95	21.9	21.88	-
Long-Term Unearned Revenue	41.64	44.74	49.16	42.98	40.83	38.5
Total Liabilities	2,077	1,885	2,179	2,707	2,433	1,877
Common Stock	629.48	629.48	629.48	629.48	629.48	629.48
Additional Paid-In Capital	1,086	1,087	1,083	936.17	931.62	931.7
Retained Earnings	1,335	1,279	1,069	796.39	433.53	208.36
Comprehensive Income & Other	35.87	-0.09	1.73	0.13	-	0.14
Total Common Equity	3,087	2,995	2,784	2,362	1,995	1,770
Minority Interest	37.08	44.09	54.06	65.16	55.08	17.65
Shareholders' Equity	3,124	3,039	2,838	2,427	2,050	1,787
Total Liabilities & Equity	5,201	4,924	5,017	5,135	4,483	3,665
Total Debt	1,574	1,336	1,515	1,610	1,614	1,365
Net Cash (Debt)	-884.9	-847.78	-1,034	-1,325	-1,385	-1,180
Net Cash Per Share	-1.40	-1.35	-1.64	-2.12	-2.21	-1.87
Filing Date Shares Outstanding	629.48	629.48	629.48	629.48	629.48	629.48
Total Common Shares Outstanding	629.48	629.48	629.48	629.48	629.48	629.48
Working Capital	841.14	427.98	396.54	297.76	-279.84	-206.41
Book Value Per Share	4.90	4.76	4.42	3.75	3.17	2.81
Tangible Book Value	2,780	2,681	2,512	2,095	1,776	1,551
Tangible Book Value Per Share	4.42	4.26	3.99	3.33	2.82	2.46
Buildings	-	1,713	1,507	1,468	1,173	1,168
Machinery	-	1,729	1,682	1,565	1,364	1,292
Construction In Progress	-	93.91	103.65	105.04	370.63	92.69

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