Hengxin Technology Ltd. (HKG:1085)

Hengxin Technology 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	1,315	861.9	944.86	825.59	546.92	887.07
Short-Term Investments	-	29.65	264.13	301.21	506	470
Trading Asset Securities	-	-	2.95	-	-	-
Cash & Short-Term Investments	1,315	891.55	1,212	1,127	1,053	1,357
Cash Growth	6.64%	-26.44%	7.56%	7.02%	-22.41%	33.50%
Accounts Receivable	1,257	1,296	830.35	666.07	902.81	507.26
Other Receivables	267.7	31.07	10.63	21.51	52.66	42.27
Receivables	1,525	1,327	840.98	687.58	955.48	549.53
Inventory	236.28	226.33	192.03	151.27	254.15	106.74
Prepaid Expenses	-	56.33	65.61	46.07	1.05	1.85
Other Current Assets	604.83	427.23	207.11	65.54	27.67	26.1
Total Current Assets	3,681	2,928	2,518	2,077	2,291	2,041
Property, Plant & Equipment	1,073	1,095	1,155	212.36	168.19	167.5
Long-Term Investments	44.72	162.19	77.48	17.62	6.88	8.85
Goodwill	201.59	201.59	201.59	155.12	-	-
Other Intangible Assets	216.9	227.49	241.47	56.42	-	-
Long-Term Deferred Tax Assets	19.53	16.58	19.8	20.24	11.12	10.15
Other Long-Term Assets	-	35	35	3.32	-	-
Total Assets	5,236	4,666	4,248	2,542	2,477	2,228
Accounts Payable	1,036	633.97	284.88	217.17	259.8	103.51
Accrued Expenses	-	91.65	83.42	72.53	60.23	56.81
Short-Term Debt	-	-	-	228.63	330.29	278.37
Current Portion of Long-Term Debt	722.3	424.6	176.54	-	-	-
Current Portion of Leases	1.23	2.76	6.14	3.71	0.7	1.03
Current Income Taxes Payable	-	6.32	10.46	9.41	4.33	2.61
Current Unearned Revenue	88.69	55.95	62.22	40.43	6.16	9.69
Other Current Liabilities	41.2	14.45	25.17	60.61	16.01	28.97
Total Current Liabilities	1,889	1,230	648.83	632.5	677.53	480.98
Long-Term Debt	1,049	1,073	836.37	-	-	-
Long-Term Leases	1.46	0.93	3.92	2.91	0.11	0.7
Long-Term Unearned Revenue	-	0.91	0.88	2.46	4.79	6.34
Long-Term Deferred Tax Liabilities	18.6	14.14	19.2	15.65	7.86	7.34
Total Liabilities	2,959	2,319	1,509	653.51	690.28	495.37
Common Stock	362.85	362.85	295	295	295	295
Retained Earnings	1,616	1,686	1,644	1,574	1,511	1,445
Comprehensive Income & Other	-485.15	-486.94	-13.07	-12.15	-12.24	-10.2
Total Common Equity	1,493	1,562	1,926	1,857	1,793	1,730
Minority Interest	784.54	785.22	812.86	31.72	-6.25	2.13
Shareholders' Equity	2,278	2,347	2,739	1,889	1,787	1,732
Total Liabilities & Equity	5,236	4,666	4,248	2,542	2,477	2,228
Total Debt	1,774	1,502	1,023	235.25	331.1	280.1
Net Cash (Debt)	-459.48	-610.16	188.98	891.56	721.82	1,077
Net Cash Growth	-	-	-78.80%	23.52%	-32.98%	52.81%
Net Cash Per Share	-0.99	-1.40	0.49	2.30	1.86	2.78
Filing Date Shares Outstanding	465.6	465.6	388	388	388	388
Total Common Shares Outstanding	465.6	465.6	388	388	388	388
Working Capital	1,791	1,699	1,869	1,445	1,614	1,560
Book Value Per Share	3.21	3.35	4.96	4.79	4.62	4.46
Tangible Book Value	1,075	1,133	1,483	1,646	1,793	1,730
Tangible Book Value Per Share	2.31	2.43	3.82	4.24	4.62	4.46
Buildings	-	143.42	143.42	92.94	92.94	91.63
Machinery	-	343.68	337.78	279.08	277.34	262.55
Construction In Progress	-	21.16	21.8	58.29	6.13	3.03

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