Shanghai Haixin Group Co., Ltd. (SHA:600851)

Shanghai Haixin Group 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	687.76	489.45	509.55	420.29	320.12	397.69
Trading Asset Securities	410.01	280.19	200	295.03	240.5	127.01
Cash & Short-Term Investments	1,098	769.63	709.55	715.32	560.63	524.71
Cash Growth	34.74%	8.47%	-0.81%	27.59%	6.85%	8.66%
Accounts Receivable	50.02	89.65	138.65	175.6	182.54	147.47
Other Receivables	28.42	39.36	36.22	38.39	32.31	8.47
Receivables	78.43	129.01	174.87	213.99	214.86	159.3
Inventory	65.85	71.8	85.27	89.52	96.72	112.23
Other Current Assets	44.98	14.92	24.3	68.89	41.09	38.66
Total Current Assets	1,287	985.36	993.99	1,088	913.3	834.89
Property, Plant & Equipment	498.34	457.1	468.06	453.41	530.46	676.65
Long-Term Investments	2,835	3,003	2,562	2,503	3,005	3,176
Other Intangible Assets	12.45	12.73	13.31	13.78	14.62	14.62
Long-Term Deferred Tax Assets	17.61	18.21	19.08	19.87	19.08	17.9
Long-Term Deferred Charges	10.86	6.55	6.42	13.75	14.98	90.58
Other Long-Term Assets	843.89	848.14	848.23	838.45	827.7	814.53
Total Assets	5,506	5,331	4,911	4,930	5,326	5,625
Accounts Payable	36.87	31.02	39.6	77.93	86.15	99.21
Accrued Expenses	56.51	92.49	64.95	105.83	81.97	50.71
Short-Term Debt	24.75	25.11	25.05	15.03	17.17	73.71
Current Portion of Long-Term Debt	-	10.01	0.01	0.2	-	12
Current Portion of Leases	-	-	-	1.43	1.99	-
Current Income Taxes Payable	-	3.82	3.12	24.73	2.15	2.47
Current Unearned Revenue	11.73	20.31	25.86	69.07	102.72	125.39
Other Current Liabilities	186.68	116.28	171.9	178.24	188.65	133.88
Total Current Liabilities	316.54	299.03	330.49	472.47	480.8	497.38
Long-Term Debt	68.76	-	12	11.72	-	140.41
Long-Term Leases	-	-	-	-	1.05	-
Long-Term Deferred Tax Liabilities	539.6	531.4	432.8	427.03	561	607.78
Total Liabilities	924.91	830.43	775.29	911.22	1,043	1,246
Common Stock	1,207	1,207	1,207	1,207	1,207	1,207
Additional Paid-In Capital	420.29	420.29	420.29	420.29	419.64	419.64
Retained Earnings	1,489	1,434	1,361	1,250	1,123	1,027
Comprehensive Income & Other	1,297	1,273	976.37	966.36	1,379	1,536
Total Common Equity	4,414	4,334	3,965	3,844	4,128	4,189
Minority Interest	167.28	166.59	170.28	175.27	154.49	190.43
Shareholders' Equity	4,581	4,501	4,135	4,019	4,283	4,379
Total Liabilities & Equity	5,506	5,331	4,911	4,930	5,326	5,625
Total Debt	93.51	35.12	37.06	28.38	20.2	226.12
Net Cash (Debt)	1,004	734.51	672.49	686.93	540.42	298.59
Net Cash Growth	28.83%	9.22%	-2.10%	27.11%	80.99%	27.78%
Net Cash Per Share	0.83	0.61	0.56	0.57	0.45	0.25
Filing Date Shares Outstanding	1,208	1,207	1,207	1,207	1,207	1,207
Total Common Shares Outstanding	1,208	1,207	1,207	1,207	1,207	1,207
Working Capital	970.49	686.33	663.5	615.25	432.5	337.51
Book Value Per Share	3.65	3.59	3.28	3.18	3.42	3.47
Tangible Book Value	4,401	4,322	3,952	3,830	4,114	4,174
Tangible Book Value Per Share	3.64	3.58	3.27	3.17	3.41	3.46
Buildings	-	388.08	389.65	387.04	385.38	382.81
Machinery	-	172.02	184.22	270.95	279.35	289.96
Construction In Progress	-	208.64	196.2	153.72	210.62	343.8

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