Kingnet Network Co., Ltd. (SHE:002517)

Kingnet Network 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	3,620	3,269	2,807	2,551	1,178	732.7
Trading Asset Securities	60.25	30.08	-	-	163.38	280.18
Cash & Short-Term Investments	3,680	3,299	2,807	2,551	1,341	1,013
Cash Growth	23.36%	17.54%	10.03%	90.18%	32.43%	-17.11%
Accounts Receivable	1,645	1,179	1,314	1,049	922.88	406.48
Other Receivables	18.37	27.13	74.82	41.35	89.98	170.75
Receivables	1,663	1,206	1,389	1,091	1,013	577.23
Inventory	34.41	24.66	19.6	10.46	16.15	3.79
Other Current Assets	612.58	560.53	334.34	295.37	367.07	345.5
Total Current Assets	5,991	5,091	4,550	3,948	2,737	1,939
Property, Plant & Equipment	112.56	118.53	36.14	63.23	43.62	15.57
Long-Term Investments	4,992	1,376	724.58	587.59	536.74	600.14
Goodwill	852.26	852.26	852.26	852.26	852.26	852.26
Other Intangible Assets	584.97	322.87	30.58	27.68	16.09	11.51
Long-Term Deferred Tax Assets	30.45	26.38	11.92	14.6	41.97	59.97
Long-Term Deferred Charges	262.39	211.97	200.43	241.12	171.38	65.76
Other Long-Term Assets	343.46	28.06	204.62	46.87	0.12	-
Total Assets	13,168	8,026	6,610	5,781	4,400	3,545
Accounts Payable	964.85	450.27	442.1	312.15	266.75	254.89
Accrued Expenses	31.68	111.5	111.05	100.11	76.69	48.85
Current Portion of Leases	31.23	27	12.09	21.54	10.95	-
Current Income Taxes Payable	97.56	30.83	62.42	9.68	32.01	9.76
Current Unearned Revenue	350.71	180.06	171.82	159.21	105.69	54.09
Other Current Liabilities	614.15	581.98	550.19	598.47	91.37	115.7
Total Current Liabilities	2,090	1,382	1,350	1,201	583.46	483.29
Long-Term Leases	44.16	72.26	3.25	16.98	13.21	-
Long-Term Unearned Revenue	0.25	0.07	-	-	-	-
Long-Term Deferred Tax Liabilities	819.63	25.63	19	16.57	48.89	52.74
Other Long-Term Liabilities	-	-	-	4.34	5	-
Total Liabilities	2,954	1,480	1,372	1,239	650.56	536.03
Common Stock	1,499	1,515	1,515	1,515	1,515	1,515
Additional Paid-In Capital	328.97	531.61	509.18	746.15	758.1	731.04
Retained Earnings	6,201	4,831	3,634	2,385	1,361	784.32
Treasury Stock	-199.96	-264.2	-340.67	-140.7	-164.94	-64.94
Comprehensive Income & Other	2,386	-65.78	-73.66	-34.46	-62.98	-76.64
Total Common Equity	10,215	6,548	5,244	4,472	3,406	2,889
Minority Interest	-1.28	-1.19	-5.58	70.39	343.13	119.59
Shareholders' Equity	10,214	6,547	5,238	4,542	3,749	3,009
Total Liabilities & Equity	13,168	8,026	6,610	5,781	4,400	3,545
Total Debt	75.4	99.26	15.34	38.52	24.16	-
Net Cash (Debt)	3,605	3,200	2,792	2,512	1,317	1,013
Net Cash Growth	23.75%	14.63%	11.11%	90.75%	30.04%	-17.11%
Net Cash Per Share	1.70	1.51	1.32	1.20	0.62	0.51
Filing Date Shares Outstanding	2,197	2,127	2,114	2,094	2,107	2,131
Total Common Shares Outstanding	2,197	2,127	2,114	2,094	2,107	2,131
Working Capital	3,900	3,709	3,200	2,746	2,154	1,456
Book Value Per Share	4.65	3.08	2.48	2.14	1.62	1.36
Tangible Book Value	8,778	5,373	4,361	3,592	2,538	2,025
Tangible Book Value Per Share	4.00	2.53	2.06	1.72	1.20	0.95
Machinery	-	68.87	64.65	65.46	56.91	52.53
Construction In Progress	-	2.07	-	-	-	-

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