v3.25.1
CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2024
USD ($)
Dec. 31, 2024
CNY (¥)
Dec. 31, 2023
USD ($)
Dec. 31, 2023
CNY (¥)
Current asset:        
Cash and cash equivalents $ 5,805   $ 5,453  
Restricted cash 1,132   1,193  
Accounts receivable, net 1,386   2,864  
Prepayments and other current assets 271   246  
Contract assets 135   66  
Inventories 500   723  
Total current assets 9,229   10,545  
Non-current assets:        
Property, plant and equipment, net 159   168  
Investments in affiliates 9,947   9,856  
Goodwill 1,071   1,071  
Operating lease right-of-use assets, net 101   233  
Deferred tax assets 62   103  
Restricted cash 139   144  
TOTAL ASSETS 20,708   22,120  
Current liabilities:        
Bank borrowings 0   154  
Accounts payable 2,279   3,456  
Contract liabilities 593   650  
Other payables and accrued expenses 1,050   1,124  
Current portion of long-term operating lease liabilities 83   170  
Income tax payable 0   42  
Total current liabilities 4,005   5,596  
Non-current liabilities:        
Long-term operating lease liabilities, net of current portion 9   44  
TOTAL LIABILITIES 4,014   5,640  
Commitments and contingencies 0   0  
SHAREHOLDERS' EQUITY        
Ordinary share, 20,000,000 shares authorized and no par value; 7,899,832 and 7,899,832 issued and outstanding as of December 31, 2024 and 2023 123   123  
Additional paid-in capital 9,774   9,762  
Treasury stock, 183,533 and 178,400 shares at cost, as of December 31, 2024 and 2023, respectively (807)   (800)  
PRC statutory reserve 345   342  
Accumulated other comprehensive loss 713   733  
Retained earnings 5,595   5,481  
Total shareholders' equity attributable to Euro Tech Holdings Company Limited 15,743   15,641  
Noncontrolling interests 951   839  
Shareholders' equity 16,694   16,480  
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 20,708   22,120  
Long-term investments $ 5,540   5,540  
ZHEJIANG TIANLAN        
Current asset:        
Accounts receivable, net | ¥   ¥ 135,056   ¥ 128,235
Prepayments and other current assets | ¥   30,788   23,741
Contract assets | ¥   66,644   72,880
Total current assets | ¥   364,219   365,313
Non-current assets:        
Property, plant and equipment, net | ¥   57,738   63,505
Operating lease right-of-use assets, net | ¥   2,389   0
Deferred tax assets | ¥   8,848   5,939
TOTAL ASSETS | ¥   440,472   442,419
Current liabilities:        
Accounts payable | ¥   106,785   107,211
Other payables and accrued expenses | ¥   22,371   23,720
Current portion of long-term operating lease liabilities | ¥   563    
Total current liabilities | ¥   176,086   185,011
Non-current liabilities:        
Long-term operating lease liabilities, net of current portion   1,542 $ 0  
TOTAL LIABILITIES | ¥   181,830   186,424
SHAREHOLDERS' EQUITY        
Retained earnings | ¥   106,049   105,766
Total shareholders' equity attributable to Euro Tech Holdings Company Limited | ¥   251,479   249,510
Noncontrolling interests | ¥   7,163   6,485
Shareholders' equity | ¥   258,642   255,995
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | ¥   440,472   442,419
Cash | ¥   73,731   135,988
Inventories | ¥   4,708   4,469
Short-term investments | ¥   53,292   0
Intangible assets, net | ¥   1,528   1,763
Land use right, net | ¥   4,550   4,699
Long-term investments | ¥   1,200   1,200
Total non-current assets | ¥   76,253   77,106
Bank borrowings | ¥   6,006   6,509
Contract liabilities | ¥   35,367   43,452
Other taxes payable | ¥   4,994   4,119
Deferred government grant | ¥   4,202   1,413
Total non-current liabilities | ¥   5,744   1,413
Share capital 82,572,000 no par value shares authorized, issued and outstanding, as of December 31, 2023 and 2022, respectively | ¥   82,572   82,572
Capital reserve | ¥   35,761   35,761
PRC statutory reserve | ¥   ¥ 27,097   ¥ 25,411