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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	236.51	286.59	306.42	237.66	299.67	325.11
Cash & Short-Term Investments	236.51	286.59	306.42	237.66	299.67	325.11
Cash Growth	-46.06%	-6.47%	28.93%	-20.69%	-7.83%	67.41%
Accounts Receivable	1,276	1,328	1,455	1,226	974.23	809.95
Other Receivables	14.86	16.05	16.64	14.71	7.18	7.2
Receivables	1,291	1,344	1,472	1,241	981.41	817.14
Inventory	510.83	418.02	344.9	277.84	223.57	387.85
Other Current Assets	83.69	86.35	70.25	54.35	33.35	166.29
Total Current Assets	2,122	2,135	2,194	1,810	1,538	1,696
Property, Plant & Equipment	468.79	474.44	483.46	436.88	389.01	376.32
Long-Term Investments	24.94	25.09	25.51	27.7	28.91	28.19
Goodwill	0.86	0.86	0.86	0.86	-	-
Other Intangible Assets	56.01	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	84.44	84.44	88.01	84.39	85.18	78.99
Other Long-Term Assets	56.72	31.26	33.7	22.61	-	-
Total Assets	2,814	2,826	2,937	2,459	2,147	2,281
Accounts Payable	563.86	615.38	676.52	605.91	668.35	638.63
Accrued Expenses	4.33	20.36	40.78	38.93	30.82	38.06
Short-Term Debt	302.26	334.34	329.67	338.86	100	110
Current Portion of Long-Term Debt	508.45	499.86	224.16	204.5	130	150
Current Portion of Leases	-	1.16	0.75	-	-	-
Current Income Taxes Payable	11.1	9.51	11.28	9.57	8.99	9
Current Unearned Revenue	116.52	152.96	124.86	47.07	35.5	319.97
Other Current Liabilities	249.4	274.07	294.11	244.03	150.44	151.83
Total Current Liabilities	1,756	1,908	1,702	1,489	1,124	1,417
Long-Term Debt	47.91	30	334.26	110.52	200	130
Long-Term Leases	3.2	3.18	3.05	-	-	-
Long-Term Unearned Revenue	-	30.44	35.79	27.8	30.7	25.26
Long-Term Deferred Tax Liabilities	2.37	2.37	2.99	2.39	-	-
Other Long-Term Liabilities	162.04	0.84	0.75	0.14	16.21	3.26
Total Liabilities	1,971	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	359.59	369.38	365.86	344.52	307.06	240.92
Comprehensive Income & Other	-0.32	-0.44	-0.2	1.24	1.08	0.76
Total Common Equity	824.26	833.94	830.65	809.97	772.96	705.18
Minority Interest	17.83	17.58	27.18	19.38	2.89	0.29
Shareholders' Equity	842.09	851.52	857.83	829.36	775.85	705.47
Total Liabilities & Equity	2,814	2,826	2,937	2,459	2,147	2,281
Total Debt	861.82	868.53	891.89	653.88	430	390
Net Cash (Debt)	-625.32	-581.95	-585.47	-416.21	-130.33	-64.89
Net Cash Per Share	-1.63	-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	365.86	227.51	491.46	321.55	413.91	278.91
Book Value Per Share	2.15	2.18	2.17	2.11	2.02	1.84
Tangible Book Value	767.39	776.47	768.86	767.25	737.19	671.55
Tangible Book Value Per Share	2.00	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.