Hongfa Technology Co., Ltd. (SHA: 600885)

Hongfa Technology Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,535	1,942	1,360	1,708	898.24	1,392
Short-Term Investments	-	-	-	-	-	6.7
Trading Asset Securities	182.26	946.76	510.02	-	54.55	-
Cash & Short-Term Investments	3,718	2,889	1,870	1,708	952.79	1,399
Cash Growth	40.74%	54.45%	9.53%	79.22%	-31.88%	48.48%
Accounts Receivable	5,889	4,882	4,276	3,718	3,399	2,767
Other Receivables	68.08	49.35	105.74	46.38	51.34	44.29
Receivables	5,957	4,932	4,382	3,764	3,450	2,811
Inventory	2,906	2,550	2,852	2,498	1,486	1,334
Prepaid Expenses	253.8	176.54	194.71	-	-	-
Other Current Assets	78.31	65.95	124.11	336.37	269.92	214.77
Total Current Assets	12,913	10,613	9,423	8,306	6,158	5,759
Property, Plant & Equipment	5,541	5,220	4,903	3,676	3,271	2,968
Long-Term Investments	24.61	50.09	37.15	12.82	-	-
Goodwill	13.41	13.41	13.41	13.41	13.41	13.41
Other Intangible Assets	491.78	475.57	489.93	414.68	417.67	429.46
Long-Term Deferred Tax Assets	474.11	446.24	453.25	257.33	156.85	108.01
Long-Term Deferred Charges	351.36	349.99	245.74	171.57	110.62	106.96
Other Long-Term Assets	749.98	519.06	633.72	778.27	682.37	785.23
Total Assets	20,594	17,724	16,238	13,666	10,843	10,197
Accounts Payable	2,560	1,905	1,917	1,776	1,359	1,545
Accrued Expenses	501.91	650.58	690.1	571.44	421.99	326.35
Short-Term Debt	1,328	42.8	40.83	45.18	402.94	1,153
Current Portion of Long-Term Debt	19.33	957.58	0.45	11.43	-	-
Current Portion of Leases	-	4.45	4.27	4.37	-	-
Current Income Taxes Payable	153.41	74.05	36.94	49.68	52.38	34.31
Current Unearned Revenue	61.63	52.82	54.18	43.14	34.01	26.61
Other Current Liabilities	350.45	281.3	402.36	230.51	138.23	191.15
Total Current Liabilities	4,975	3,969	3,146	2,732	2,408	3,277
Long-Term Debt	2,564	1,906	2,305	1,644	618.2	18.76
Long-Term Leases	29.43	6.12	2.38	5.89	-	-
Long-Term Unearned Revenue	387.85	374.74	338.58	290.13	211.96	175.29
Long-Term Deferred Tax Liabilities	335.02	321.42	312.5	177.07	123.31	77.88
Other Long-Term Liabilities	90.39	88.57	84.16	80.45	81.27	58.11
Total Liabilities	8,382	6,666	6,188	4,930	3,443	3,607
Common Stock	1,043	1,043	1,043	744.76	744.76	744.76
Additional Paid-In Capital	0.01	-	23.26	328.56	446.13	446.13
Retained Earnings	7,742	6,931	6,083	5,140	4,330	3,714
Comprehensive Income & Other	359.19	367.52	355.03	334.73	6.41	18.62
Total Common Equity	9,144	8,341	7,504	6,548	5,527	4,924
Minority Interest	3,069	2,717	2,546	2,189	1,873	1,667
Shareholders' Equity	12,213	11,058	10,049	8,737	7,400	6,591
Total Liabilities & Equity	20,594	17,724	16,238	13,666	10,843	10,197
Total Debt	3,941	2,917	2,353	1,711	1,021	1,172
Net Cash (Debt)	-223.16	-28.29	-482.48	-3.72	-68.34	226.6
Net Cash Per Share	-0.21	-0.03	-0.46	-0.00	-0.07	0.22
Filing Date Shares Outstanding	1,043	1,043	1,043	1,043	1,043	1,043
Total Common Shares Outstanding	1,043	1,043	1,043	1,043	1,043	1,043
Working Capital	7,938	6,644	6,277	5,575	3,750	2,482
Book Value Per Share	8.44	7.67	6.87	5.95	5.30	4.72
Tangible Book Value	8,639	7,852	7,000	6,119	5,096	4,481
Tangible Book Value Per Share	7.96	7.20	6.39	5.54	4.89	4.30
Buildings	-	2,129	2,024	1,692	1,287	1,135
Machinery	-	6,723	5,714	4,415	3,748	3,251
Construction In Progress	-	344.69	440.76	251.25	504.41	403.72

Source: S&P Capital IQ. Standard template. Financial Sources.