Shandong Hi-Speed New Energy Group Limited (HKG:1250)

HKG:1250 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,646	4,450	3,217	929.41	2,123
Trading Asset Securities	553.17	493.42	364.37	473.43	-
Accounts Receivable	9,364	8,586	8,194	9,255	8,871
Other Receivables	248.37	158.04	108.63	287.15	842.25
Inventory	44.69	64.96	84.04	103.07	142.66
Prepaid Expenses	1,461	1,291	1,184	1,434	1,437
Restricted Cash	11.29	29.42	53.39	106.07	269.32
Loans Receivable Current	801.75	873.57	614.03	474.83	1,104
Other Current Assets	446.68	879.53	850.62	79.02	61.77
Total Current Assets	16,577	16,825	14,671	13,143	14,852
Property, Plant & Equipment	23,876	24,825	22,154	22,593	22,185
Goodwill	458.88	459.05	408.34	446.31	413.17
Other Intangible Assets	3,894	4,103	2,215	2,590	2,777
Long-Term Investments	1,769	1,808	1,590	1,325	1,864
Long-Term Deferred Tax Assets	437.27	439.28	351.84	232.6	91.43
Other Long-Term Assets	1,391	1,295	4,632	4,375	5,921
Total Assets	48,405	49,755	46,022	44,705	48,103
Accounts Payable	890.34	1,351	1,718	2,685	4,966
Accrued Expenses	687.68	783.38	83.48	87.58	498.93
Short-Term Debt	-	-	-	703.21	-
Current Portion of Long-Term Debt	6,415	7,559	4,941	7,631	4,552
Current Unearned Revenue	317.24	444.79	388.38	544.07	799.39
Current Portion of Leases	390.06	608.37	470.91	822.13	700.34
Current Income Taxes Payable	141.54	175.72	189.28	183.95	206.12
Other Current Liabilities	4.59	10.61	1,198	2,580	2,245
Total Current Liabilities	8,846	10,934	8,989	15,237	13,968
Long-Term Debt	18,218	17,711	19,517	14,175	15,376
Long-Term Leases	1,541	3,100	2,581	2,877	5,228
Long-Term Unearned Revenue	-	-	-	41.15	219.7
Long-Term Deferred Tax Liabilities	432.81	455.77	209.71	266.26	282.44
Other Long-Term Liabilities	9.3	9.03	1,376	2,266	1,977
Total Liabilities	29,047	32,210	32,673	34,862	37,052
Common Stock	94.88	94.88	99.36	51.75	53.49
Additional Paid-In Capital	8,962	8,962	9,340	4,827	4,989
Retained Earnings	4,619	4,335	4,086	3,553	4,002
Comprehensive Income & Other	-448.61	-300.35	-649.75	733.66	1,117
Total Common Equity	13,227	13,091	12,876	9,165	10,162
Minority Interest	6,131	4,454	473.69	677.51	889.55
Shareholders' Equity	19,358	17,545	13,350	9,843	11,052
Total Liabilities & Equity	48,405	49,755	46,022	44,705	48,103
Total Debt	26,563	28,979	27,510	26,208	25,857
Net Cash (Debt)	-22,364	-24,036	-23,928	-24,805	-23,733
Net Cash Per Share	-9.95	-10.70	-12.74	-19.52	-18.68
Filing Date Shares Outstanding	2,247	2,247	2,247	1,271	1,271
Total Common Shares Outstanding	2,247	2,247	2,247	1,271	1,271
Working Capital	7,731	5,892	5,682	-2,094	883.57
Book Value Per Share	5.89	5.83	5.73	7.21	7.24
Tangible Book Value	8,874	8,529	10,253	6,129	6,972
Tangible Book Value Per Share	3.95	3.80	4.56	4.82	4.73
Buildings	460.54	453.88	410.17	422.47	293.51
Machinery	27,315	25,531	20,786	18,491	14,931
Construction In Progress	534.03	420.08	817.4	509.43	1,343

Updated Sep 18, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.