Mudanjiang Hengfeng Paper Co.,Ltd (SHA:600356)

SHA:600356 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	627.27	617.24	320.76	360.64	308.59	185.75
Trading Asset Securities	-	-	-	-	-	30.02
Cash & Short-Term Investments	627.27	617.24	320.76	360.64	308.59	215.77
Cash Growth	41.64%	92.43%	-11.06%	16.86%	43.02%	-40.15%
Accounts Receivable	681.29	759.38	809.42	656.66	569.81	514.96
Other Receivables	18.58	19.84	19.73	21.81	32.44	22.77
Receivables	699.87	779.22	829.15	678.47	602.25	537.73
Inventory	896.76	885.41	748.39	763.55	614.35	498.69
Other Current Assets	86.62	64.86	88.75	59.15	194.53	223.98
Total Current Assets	2,311	2,347	1,987	1,862	1,720	1,476
Property, Plant & Equipment	1,592	1,162	1,115	991.12	1,039	1,147
Other Intangible Assets	334.37	272.41	290.27	270.17	278.72	289.62
Long-Term Deferred Tax Assets	32.05	27.79	25.05	20.3	22.15	17.36
Long-Term Deferred Charges	0.08	-	-	-	-	-
Other Long-Term Assets	25.6	1.08	55.01	23.63	0.25	11.52
Total Assets	4,299	3,810	3,473	3,167	3,060	2,942

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	260.3	202.99	221.27	135.69	109.24	72.31
Accrued Expenses	20.64	80.49	57.53	46.31	27.7	16.5
Short-Term Debt	341.8	380.29	225.21	298.28	237.22	254.24
Current Portion of Long-Term Debt	46.34	70.51	24.63	27.75	50.14	40.05
Current Portion of Leases	-	0.29	-	-	-	-
Current Income Taxes Payable	8.47	6.5	11.37	6.03	11.35	0.3
Current Unearned Revenue	16.24	15.07	13.72	12.09	29.7	28.66
Other Current Liabilities	59.86	9.74	10.77	9.34	44.18	36.18
Total Current Liabilities	753.64	765.88	564.48	535.49	509.53	448.24
Long-Term Debt	337.96	189.6	187.99	32.24	56.93	102.25
Long-Term Unearned Revenue	55.2	43.2	38.03	25.99	22.32	17.65
Other Long-Term Liabilities	-	-	32.41	-	-	-
Total Liabilities	1,150	998.68	822.91	593.72	588.78	568.14

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	329.54	298.73	298.73	298.73	298.73	298.73
Additional Paid-In Capital	1,164	865.62	865.62	865.62	865.66	865.66
Retained Earnings	1,582	1,571	1,409	1,334	1,237	1,138
Total Common Equity	3,075	2,735	2,573	2,498	2,401	2,302
Minority Interest	74.95	75.99	76.49	75.05	69.95	71.34
Shareholders' Equity	3,150	2,811	2,650	2,573	2,471	2,374
Total Liabilities & Equity	4,299	3,810	3,473	3,167	3,060	2,942

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	726.39	640.69	437.82	358.27	344.29	396.54
Net Cash (Debt)	-99.12	-23.45	-117.06	2.37	-35.69	-180.77
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.32	-0.08	-0.39	0.01	-0.12	-0.45
Filing Date Shares Outstanding	305.18	329.54	298.73	298.73	298.73	298.73
Total Common Shares Outstanding	305.18	298.73	298.73	298.73	298.73	298.73
Working Capital	1,557	1,581	1,423	1,326	1,210	1,028
Book Value Per Share	10.08	9.16	8.61	8.36	8.04	7.71
Tangible Book Value	2,735	2,463	2,283	2,228	2,122	2,013
Tangible Book Value Per Share	8.96	8.24	7.64	7.46	7.10	6.74
Buildings	-	697.56	654.05	648.96	619.53	616.11
Machinery	-	3,165	2,955	2,892	2,857	2,818
Construction In Progress	-	17.1	190.73	13.31	1.29	0.04

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

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

Update frequency:

Quarterly

Last checked:

Aug 26, 2026

Data Sources Report a data error