Honghua Group Limited (HKG:0196)

Honghua 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,356	790.59	777.66	601	703.42	952.38
Short-Term Investments	129.83	170.54	26.54	121.24	55.41	116.03
Cash & Short-Term Investments	1,486	961.13	804.2	722.24	758.83	1,068
Cash Growth	47.88%	19.51%	11.35%	-4.82%	-28.98%	5.77%
Accounts Receivable	4,275	4,103	4,056	5,288	3,163	3,491
Other Receivables	1,284	703.71	525.31	3.76	526.07	622.38
Receivables	5,560	4,807	4,581	5,292	3,701	4,797
Inventory	1,382	1,304	1,780	1,491	1,694	1,347
Other Current Assets	289.36	561.83	900.7	381.23	595.08	558.79
Total Current Assets	8,717	7,634	8,066	7,886	6,749	7,771
Property, Plant & Equipment	2,861	2,958	2,915	2,992	3,251	1,926
Long-Term Investments	147.82	150.78	124.54	117.22	240	211.94
Other Intangible Assets	-	104.95	104.95	104.95	104.95	-
Long-Term Accounts Receivable	243.51	367.44	597.08	582.97	786.5	803.43
Long-Term Deferred Tax Assets	276.04	268.16	272.28	263.99	256.73	287.9
Long-Term Deferred Charges	404.92	391.34	353.69	275.4	246.53	230.82
Other Long-Term Assets	60.17	53.68	85.41	99.56	112.73	48.84
Total Assets	12,711	11,928	12,520	12,322	11,748	12,012
Accounts Payable	3,044	3,408	3,798	3,199	2,394	2,196
Accrued Expenses	-	-	-	-	-	4.24
Current Portion of Long-Term Debt	3,334	2,111	2,324	4,324	5,146	2,255
Current Portion of Leases	33	39.17	23.7	28.49	18.78	18.2
Current Income Taxes Payable	0.19	25.68	23.7	27.21	41.88	63.87
Current Unearned Revenue	867.8	515.43	545.39	767.9	164.38	144.6
Other Current Liabilities	259.26	44.95	47.6	29.75	27.98	488.3
Total Current Liabilities	7,538	6,143	6,762	8,377	7,793	5,170
Long-Term Debt	1,438	2,039	2,146	623.17	-	2,230
Long-Term Leases	59.33	52.47	12.35	37.5	49.7	70.12
Long-Term Unearned Revenue	19.66	28.66	17.31	12.55	21.78	47.62
Other Long-Term Liabilities	-	-	-	78.2	136.8	-
Total Liabilities	9,055	8,264	8,938	9,128	8,002	7,518
Common Stock	823.8	823.8	823.8	488.02	488.02	488.02
Additional Paid-In Capital	4,076	4,076	4,076	3,597	3,597	3,597
Retained Earnings	-1,640	-1,677	-1,702	-1,316	-686.46	27.76
Comprehensive Income & Other	201.07	247.04	186.64	194.58	138.89	156.41
Total Common Equity	3,461	3,470	3,384	2,964	3,538	4,269
Minority Interest	194.15	194.69	197.53	230.2	208.76	225.26
Shareholders' Equity	3,655	3,665	3,582	3,194	3,746	4,495
Total Liabilities & Equity	12,711	11,928	12,520	12,322	11,748	12,012
Total Debt	4,864	4,241	4,506	5,014	5,214	4,573
Net Cash (Debt)	-3,378	-3,280	-3,702	-4,291	-4,455	-3,505
Net Cash Per Share	-0.38	-0.37	-0.53	-0.81	-0.84	-0.66
Filing Date Shares Outstanding	8,979	8,979	8,979	5,295	5,295	5,295
Total Common Shares Outstanding	8,979	8,979	8,979	5,295	5,295	5,295
Working Capital	1,179	1,490	1,304	-490.62	-1,044	2,601
Book Value Per Share	0.39	0.39	0.38	0.56	0.67	0.81
Tangible Book Value	3,461	3,365	3,279	2,859	3,433	4,269
Tangible Book Value Per Share	0.39	0.37	0.37	0.54	0.65	0.81
Land	-	-	-	-	-	0.48
Buildings	1,694	1,688	1,664	1,660	1,668	703.62
Machinery	2,688	2,769	2,636	2,432	2,504	2,184
Construction In Progress	152.15	142.31	145.08	111.68	127.9	95.46

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