Guangdong HEC Technology Holding Co., Ltd (SHA:600673)

SHA:600673 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	4,985	4,252	4,958	5,193	4,654	5,373
Trading Asset Securities	31.16	29.74	42.69	314.59	1,161	803.84
Cash & Short-Term Investments	5,016	4,282	5,001	5,507	5,816	6,176
Cash Growth	-12.47%	-14.39%	-9.19%	-5.31%	-5.84%	4.97%
Accounts Receivable	3,291	2,659	2,936	3,115	3,183	4,606
Other Receivables	225.9	407.39	600.63	396.54	1,969	336.36
Receivables	3,517	3,066	3,537	3,512	5,152	4,942
Inventory	1,816	1,772	1,495	1,933	1,326	1,620
Prepaid Expenses	-	-	-	-	1.23	-
Other Current Assets	690.49	530.56	260.42	379.85	684.87	237.61
Total Current Assets	11,040	9,650	10,293	11,332	12,981	12,977
Property, Plant & Equipment	9,060	9,123	8,170	6,757	6,333	8,801
Long-Term Investments	3,929	3,921	3,802	3,546	675.25	127.58
Goodwill	1.6	1.6	1.6	1.6	1.6	77.49
Other Intangible Assets	2,137	2,145	2,029	2,184	1,908	3,619
Long-Term Deferred Tax Assets	221.18	223.77	132.02	110.29	48.14	85.72
Long-Term Deferred Charges	224.72	204.35	13.24	22.24	37.3	1,212
Other Long-Term Assets	467.82	91.43	510.79	539.26	172.29	903.94
Total Assets	27,081	25,361	24,952	24,492	22,156	27,804
Accounts Payable	2,683	2,653	2,935	3,041	2,811	3,221
Accrued Expenses	141.7	290.89	285.5	360.23	367.64	953.74
Short-Term Debt	7,962	7,088	6,158	6,421	6,980	6,614
Current Portion of Long-Term Debt	1,661	1,102	1,188	724.66	629.98	-
Current Portion of Leases	-	498.69	421.32	332.12	207.9	-
Current Income Taxes Payable	81.53	13.96	14.25	144.51	387.92	14.25
Current Unearned Revenue	43.84	82.01	31.66	60.79	77.95	80.66
Other Current Liabilities	226.12	265.7	173.91	653.31	37.02	3,651
Total Current Liabilities	12,799	11,995	11,207	11,738	11,499	14,535
Long-Term Debt	3,614	2,771	2,569	1,725	993.38	2,599
Long-Term Leases	17.94	269.15	473.83	317.58	92.91	243.81
Long-Term Unearned Revenue	221.15	230.6	194.76	177.3	189.85	307.25
Long-Term Deferred Tax Liabilities	314.13	315.5	174.47	163.06	30.25	27.41
Other Long-Term Liabilities	684.85	323.5	188.72	189.78	295.48	190.63
Total Liabilities	17,651	15,904	14,808	14,310	13,101	17,903
Common Stock	3,014	3,014	3,014	3,014	3,014	3,014
Additional Paid-In Capital	-	1,562	1,311	1,824	1,312	501.36
Retained Earnings	5,168	4,890	5,513	5,807	5,349	4,475
Treasury Stock	-688.66	-377.4	-343.03	-968.41	-1,010	-1,010
Comprehensive Income & Other	1,613	51.08	307.06	76.52	4.17	6.08
Total Common Equity	9,107	9,140	9,802	9,753	8,670	6,987
Minority Interest	323.69	315.93	341.36	428.98	385.85	2,914
Shareholders' Equity	9,430	9,456	10,143	10,182	9,056	9,901
Total Liabilities & Equity	27,081	25,361	24,952	24,492	22,156	27,804
Total Debt	13,255	11,729	10,810	9,520	8,904	9,457
Net Cash (Debt)	-8,239	-7,447	-5,809	-4,013	-3,088	-3,281
Net Cash Per Share	-2.87	-2.58	-1.97	-1.39	-1.02	-1.10
Filing Date Shares Outstanding	2,934	2,961	2,969	2,909	2,898	2,898
Total Common Shares Outstanding	2,934	2,961	2,969	2,909	2,898	2,898
Working Capital	-1,759	-2,345	-914.16	-406.11	1,482	-1,558
Book Value Per Share	3.10	3.09	3.30	3.35	2.99	2.41
Tangible Book Value	6,968	6,994	7,772	7,568	6,760	3,290
Tangible Book Value Per Share	2.37	2.36	2.62	2.60	2.33	1.14
Buildings	-	4,515	3,104	2,832	2,714	3,741
Machinery	-	7,914	7,101	6,570	6,222	6,665
Construction In Progress	-	1,372	2,124	1,098	829.82	1,960

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