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

HKG:1250 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	4,123	3,646	4,450	3,217	929.41	2,123
Trading Asset Securities	553.77	553.17	493.42	364.37	473.43	-
Accounts Receivable	10,455	9,364	8,586	8,194	9,255	8,871
Other Receivables	248.66	248.37	158.04	108.63	287.15	842.25
Inventory	37.19	44.69	64.96	84.04	103.07	142.66
Prepaid Expenses	1,993	1,461	1,291	1,184	1,434	1,437
Restricted Cash	101.42	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	342.44	446.68	879.53	850.62	79.02	61.77
Total Current Assets	17,854	16,577	16,825	14,671	13,143	14,852
Property, Plant & Equipment	23,643	23,876	24,825	22,154	22,593	22,185
Goodwill	458.88	458.88	459.05	408.34	446.31	413.17
Other Intangible Assets	3,784	3,894	4,103	2,215	2,590	2,777
Long-Term Investments	1,948	1,769	1,808	1,590	1,325	1,864
Long-Term Deferred Tax Assets	415.82	437.27	439.28	351.84	232.6	91.43
Other Long-Term Assets	1,426	1,391	1,295	4,632	4,375	5,921
Total Assets	49,529	48,405	49,755	46,022	44,705	48,103
Accounts Payable	873.57	890.34	1,351	1,718	2,685	4,966
Accrued Expenses	24.19	687.68	783.38	83.48	87.58	498.93
Short-Term Debt	-	-	-	-	703.21	-
Current Portion of Long-Term Debt	7,344	6,415	7,559	4,941	7,631	4,552
Current Unearned Revenue	114.44	317.24	444.79	388.38	544.07	799.39
Current Portion of Leases	342.63	390.06	608.37	470.91	822.13	700.34
Current Income Taxes Payable	170.82	141.54	175.72	189.28	183.95	206.12
Other Current Liabilities	345.61	4.59	10.61	1,198	2,580	2,245
Total Current Liabilities	9,216	8,846	10,934	8,989	15,237	13,968
Long-Term Debt	18,764	18,218	17,711	19,517	14,175	15,376
Long-Term Leases	1,416	1,541	3,100	2,581	2,877	5,228
Long-Term Unearned Revenue	-	-	-	-	41.15	219.7
Long-Term Deferred Tax Liabilities	394.9	432.81	455.77	209.71	266.26	282.44
Other Long-Term Liabilities	9.3	9.3	9.03	1,376	2,266	1,977
Total Liabilities	29,800	29,047	32,210	32,673	34,862	37,052
Common Stock	94.88	94.88	94.88	99.36	51.75	53.49
Additional Paid-In Capital	8,962	8,962	8,962	9,340	4,827	4,989
Retained Earnings	4,906	4,619	4,335	4,086	3,553	4,002
Comprehensive Income & Other	-449.12	-448.61	-300.35	-649.75	733.66	1,117
Total Common Equity	13,514	13,227	13,091	12,876	9,165	10,162
Minority Interest	6,215	6,131	4,454	473.69	677.51	889.55
Shareholders' Equity	19,729	19,358	17,545	13,350	9,843	11,052
Total Liabilities & Equity	49,529	48,405	49,755	46,022	44,705	48,103
Total Debt	27,867	26,563	28,979	27,510	26,208	25,857
Net Cash (Debt)	-23,190	-22,364	-24,036	-23,928	-24,805	-23,733
Net Cash Per Share	-10.32	-9.95	-10.70	-12.74	-19.52	-18.68
Filing Date Shares Outstanding	2,247	2,247	2,247	2,247	1,271	1,271
Total Common Shares Outstanding	2,247	2,247	2,247	2,247	1,271	1,271
Working Capital	8,638	7,731	5,892	5,682	-2,094	883.57
Book Value Per Share	6.02	5.89	5.83	5.73	7.21	7.24
Tangible Book Value	9,271	8,874	8,529	10,253	6,129	6,972
Tangible Book Value Per Share	4.13	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.