Hongcheng Environmental Technology Company Limited (HKG:2265)

HKG:2265 Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	154.77	65.21	76.12	59.16	235.59
Short-Term Investments	34.37	8.29	6.22	6.75	8.06
Cash & Short-Term Investments	189.14	73.5	82.34	65.91	243.65
Cash Growth	157.33%	-10.73%	24.92%	-72.95%	414.86%
Accounts Receivable	58.1	24.21	40.64	71.47	55.11
Other Receivables	6.29	37.12	29.71	43.94	0.2
Receivables	92.86	61.33	70.36	115.41	55.31
Inventory	21.62	49.85	46.2	40.11	27.57
Other Current Assets	8.94	7.03	4.67	1.31	1.08
Total Current Assets	312.56	191.7	203.55	222.74	327.61
Property, Plant & Equipment	739.18	564.85	462.27	401.7	164.19
Other Intangible Assets	1.71	0.03	0.03	0.01	0.01
Long-Term Deferred Tax Assets	2.12	4.15	4.21	1.73	0.1
Other Long-Term Assets	114.1	160.47	126.6	131.61	130.76
Total Assets	1,170	921.19	796.66	757.79	622.66

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	25.6	2.77	2.62	2.54	5.09
Accrued Expenses	26.25	23.46	19.81	20.89	25.86
Short-Term Debt	99.9	77.26	34.9	27.9	-
Current Portion of Long-Term Debt	4.3	0.2	0.2	27.84	2.12
Current Portion of Leases	73.89	30.24	32.25	0.61	0.55
Current Income Taxes Payable	20.87	20.44	13.2	35.08	22.09
Current Unearned Revenue	14.53	25.98	16.42	14.96	23.43
Other Current Liabilities	53.37	68.12	58.3	85	5.77
Total Current Liabilities	318.71	248.46	177.7	214.8	84.91
Long-Term Debt	117.79	33.8	49.83	-	37.78
Long-Term Leases	-	0.41	-	-	0.32
Long-Term Unearned Revenue	31.13	31.08	37.14	-	11.72
Long-Term Deferred Tax Liabilities	9.03	6.17	5.04	3.91	2.97
Other Long-Term Liabilities	61.02	58.37	55.76	85.45	96.79
Total Liabilities	537.68	378.29	325.47	304.17	234.48

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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	407.74	319.24	259.23	241.73	161.52
Comprehensive Income & Other	-313.76	-314.52	-314.21	-314.29	-315.64
Total Common Equity	620.15	530.89	471.19	453.62	388.18
Minority Interest	11.84	12.01	-	-	-
Shareholders' Equity	631.99	542.9	471.19	453.62	388.18
Total Liabilities & Equity	1,170	921.19	796.66	757.79	622.66

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	295.88	141.91	117.18	56.35	40.77
Net Cash (Debt)	-106.74	-68.41	-34.84	9.56	202.88
Net Cash Growth	-	-	-	-95.29%	5327.56%
Net Cash Per Share	-0.11	-0.07	-0.03	0.01	0.26
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Working Capital	-6.15	-56.76	25.86	7.94	242.7
Book Value Per Share	0.62	0.53	0.47	0.45	0.39
Tangible Book Value	618.44	530.87	471.16	453.61	388.17
Tangible Book Value Per Share	0.62	0.53	0.47	0.45	0.39
Buildings	262.83	203.59	202.49	137.82	112.79
Machinery	228.5	182.39	179.28	52.43	54.72
Construction In Progress	281.33	180.11	54.52	169.99	-

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 18, 2026

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