Hongcheng Environmental Technology Company Limited (HKG:2265)

HKG:2265 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	51.19	65.21	76.12	59.16	235.59	45.36
Short-Term Investments	6.9	8.29	6.22	6.75	8.06	1.96
Cash & Short-Term Investments	58.08	73.5	82.34	65.91	243.65	47.32
Cash Growth	69.46%	-10.73%	24.92%	-72.95%	414.86%	856.79%
Accounts Receivable	22.16	24.21	40.64	71.47	55.11	23.14
Other Receivables	4.78	37.13	29.71	43.94	0.2	1.16
Receivables	26.94	61.34	70.36	115.41	55.31	57.88
Inventory	45.58	49.85	46.2	40.11	27.57	29.42
Other Current Assets	10.05	7.02	4.67	1.31	1.08	3.41
Total Current Assets	140.65	191.7	203.55	222.74	327.61	138.04
Property, Plant & Equipment	628.63	564.85	462.27	401.7	164.19	158.73
Other Intangible Assets	0.03	0.03	0.03	0.01	0.01	0.02
Long-Term Deferred Tax Assets	4.95	4.15	4.21	1.73	0.1	0.74
Other Long-Term Assets	163.39	160.47	126.6	131.61	130.76	136.97
Total Assets	937.65	921.19	796.66	757.79	622.66	434.51
Accounts Payable	1.82	2.77	2.62	2.54	5.09	2.84
Accrued Expenses	25.75	23.46	19.81	20.89	25.86	14.55
Short-Term Debt	79.45	74.8	34.9	27.9	-	-
Current Portion of Long-Term Debt	0.2	0.2	0.2	27.84	2.12	2.12
Current Portion of Leases	17.37	30.24	32.25	0.61	0.55	0.76
Current Income Taxes Payable	20.96	20.44	13.2	35.08	22.09	17.8
Current Unearned Revenue	34.93	25.98	16.42	14.96	23.43	25.99
Other Current Liabilities	48.04	70.57	58.3	85	5.77	64.19
Total Current Liabilities	228.52	248.46	177.7	214.8	84.91	128.26
Long-Term Debt	36.3	33.8	49.83	-	37.78	39.88
Long-Term Leases	2.71	0.41	-	-	0.32	0.82
Long-Term Unearned Revenue	26.1	27.58	37.14	-	11.72	26.23
Long-Term Deferred Tax Liabilities	6.23	6.17	5.04	3.91	2.97	0.1
Other Long-Term Liabilities	59.31	61.87	55.76	85.45	96.79	133.09
Total Liabilities	359.17	378.29	325.47	304.17	234.48	328.38
Common Stock	8.21	8.21	8.21	8.21	8.21	-
Additional Paid-In Capital	517.97	517.97	517.97	517.97	534.1	-
Retained Earnings	355.64	319.24	259.23	241.73	161.52	75.91
Comprehensive Income & Other	-314.93	-314.52	-314.21	-314.29	-315.64	30.22
Total Common Equity	566.89	530.89	471.19	453.62	388.18	106.12
Minority Interest	11.6	12.01	-	-	-	-
Shareholders' Equity	578.48	542.9	471.19	453.62	388.18	106.12
Total Liabilities & Equity	937.65	921.19	796.66	757.79	622.66	434.51
Total Debt	136.03	139.45	117.18	56.35	40.77	43.59
Net Cash (Debt)	-77.95	-65.95	-34.84	9.56	202.88	3.74
Net Cash Growth	-	-	-	-95.29%	5327.56%	-
Net Cash Per Share	-0.08	-0.07	-0.03	0.01	0.26	0.00
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000	750
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000	750
Working Capital	-87.86	-56.76	25.86	7.94	242.7	9.78
Book Value Per Share	0.57	0.53	0.47	0.45	0.39	0.14
Tangible Book Value	566.86	530.87	471.16	453.61	388.17	106.1
Tangible Book Value Per Share	0.57	0.53	0.47	0.45	0.39	0.14
Buildings	204.67	203.59	202.49	137.82	112.79	111.55
Machinery	187.56	182.39	179.28	52.43	54.72	38.18
Construction In Progress	252.96	180.11	54.52	169.99	-	-

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