Harbin Air Conditioning Co.,Ltd. (SHA:600202)

Harbin Air Conditioning 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	191.58	286.59	306.42	237.66	299.67	325.11
Cash & Short-Term Investments	191.58	286.59	306.42	237.66	299.67	325.11
Cash Growth	-25.01%	-6.47%	28.93%	-20.69%	-7.83%	67.41%
Accounts Receivable	1,189	1,328	1,455	1,226	974.23	809.95
Other Receivables	13.18	16.05	16.64	14.71	7.18	7.2
Receivables	1,203	1,344	1,472	1,241	981.41	817.14
Inventory	517.33	418.02	344.9	277.84	223.57	387.85
Other Current Assets	125.95	86.35	70.25	54.35	33.35	166.29
Total Current Assets	2,037	2,135	2,194	1,810	1,538	1,696
Property, Plant & Equipment	460.54	474.44	483.46	436.88	389.01	376.32
Long-Term Investments	24.5	25.09	25.51	27.7	28.91	28.19
Goodwill	0.86	0.86	0.86	0.86	-	-
Other Intangible Assets	56.17	56.61	60.94	41.86	35.78	33.63
Long-Term Accounts Receivable	-	18.14	50.73	34.36	69.98	67.95
Long-Term Deferred Tax Assets	89.14	84.44	88.01	84.39	85.18	78.99
Other Long-Term Assets	67.43	31.26	33.7	22.61	-	-
Total Assets	2,736	2,826	2,937	2,459	2,147	2,281
Accounts Payable	586.58	615.38	676.52	605.91	668.35	638.63
Accrued Expenses	4.96	20.36	40.78	38.93	30.82	38.06
Short-Term Debt	653	334.34	329.67	338.86	100	110
Current Portion of Long-Term Debt	140.92	499.86	224.16	204.5	130	150
Current Portion of Leases	-	1.16	0.75	-	-	-
Current Income Taxes Payable	10.7	9.51	11.28	9.57	8.99	9
Current Unearned Revenue	195.27	152.96	124.86	47.07	35.5	319.97
Other Current Liabilities	253.33	274.07	294.11	244.03	150.44	151.83
Total Current Liabilities	1,845	1,908	1,702	1,489	1,124	1,417
Long-Term Debt	17	30	334.26	110.52	200	130
Long-Term Leases	3.26	3.18	3.05	-	-	-
Long-Term Unearned Revenue	-	30.44	35.79	27.8	30.7	25.26
Long-Term Deferred Tax Liabilities	2.22	2.37	2.99	2.39	-	-
Other Long-Term Liabilities	47.01	0.84	0.75	0.14	16.21	3.26
Total Liabilities	1,914	1,974	2,079	1,630	1,371	1,576
Common Stock	383.34	383.34	383.34	383.34	383.34	383.34
Additional Paid-In Capital	81.66	81.66	81.66	80.87	81.48	80.16
Retained Earnings	341.73	369.38	365.86	344.52	307.06	240.92
Comprehensive Income & Other	0.7	-0.44	-0.2	1.24	1.08	0.76
Total Common Equity	807.43	833.94	830.65	809.97	772.96	705.18
Minority Interest	14.41	17.58	27.18	19.38	2.89	0.29
Shareholders' Equity	821.84	851.52	857.83	829.36	775.85	705.47
Total Liabilities & Equity	2,736	2,826	2,937	2,459	2,147	2,281
Total Debt	814.17	868.53	891.89	653.88	430	390
Net Cash (Debt)	-622.6	-581.95	-585.47	-416.21	-130.33	-64.89
Net Cash Per Share	-1.64	-1.52	-1.53	-1.09	-0.34	-0.17
Filing Date Shares Outstanding	383.34	383.34	383.34	383.34	383.34	383.34
Total Common Shares Outstanding	383.34	383.34	383.34	383.34	383.34	383.34
Working Capital	192.68	227.51	491.46	321.55	413.91	278.91
Book Value Per Share	2.11	2.18	2.17	2.11	2.02	1.84
Tangible Book Value	750.4	776.47	768.86	767.25	737.19	671.55
Tangible Book Value Per Share	1.96	2.03	2.01	2.00	1.92	1.75
Buildings	-	573.98	574.38	464.51	422.62	405.36
Machinery	-	265.26	244.6	224.24	177.01	191.61
Construction In Progress	-	1.47	1.03	4.2	-	-

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