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

Hongfa Technology 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	3,752	3,954	1,942	1,360	1,708	898.24
Trading Asset Securities	0.37	112.12	946.76	510.02	-	54.55
Cash & Short-Term Investments	3,752	4,066	2,889	1,870	1,708	952.79
Cash Growth	45.00%	40.76%	54.45%	9.53%	79.22%	-31.88%
Accounts Receivable	6,197	4,920	4,882	4,276	3,718	3,399
Other Receivables	59.68	54.56	49.35	105.74	46.38	51.34
Receivables	6,256	4,975	4,932	4,382	3,764	3,450
Inventory	2,930	3,487	2,550	2,852	2,498	1,486
Prepaid Expenses	-	-	-	194.71	-	-
Other Current Assets	310.23	352.45	242.49	124.11	336.37	269.92
Total Current Assets	13,248	12,881	10,613	9,423	8,306	6,158
Property, Plant & Equipment	5,783	5,652	5,220	4,903	3,676	3,271
Long-Term Investments	24.18	51.71	50.09	37.15	12.82	-
Goodwill	13.41	13.41	13.41	13.41	13.41	13.41
Other Intangible Assets	477.9	485.29	475.57	489.93	414.68	417.67
Long-Term Deferred Tax Assets	519.52	489.41	446.24	453.25	257.33	156.85
Long-Term Deferred Charges	365.45	377.67	349.99	245.74	171.57	110.62
Other Long-Term Assets	688.86	681.68	519.06	633.72	778.27	682.37
Total Assets	21,153	20,664	17,724	16,238	13,666	10,843
Accounts Payable	2,005	2,320	1,905	1,917	1,776	1,359
Accrued Expenses	385.99	732.98	650.58	690.1	571.44	421.99
Short-Term Debt	1,498	1,214	42.8	40.83	45.18	402.94
Current Portion of Long-Term Debt	627.27	20.18	957.58	0.45	11.43	-
Current Portion of Leases	-	11.29	4.45	4.27	4.37	-
Current Income Taxes Payable	233.17	99.76	74.05	36.94	49.68	52.38
Current Unearned Revenue	52.53	47.34	52.82	54.18	43.14	34.01
Other Current Liabilities	344.13	287.55	281.3	402.36	230.51	138.23
Total Current Liabilities	5,146	4,732	3,969	3,146	2,732	2,408
Long-Term Debt	2,113	2,565	1,906	2,305	1,644	618.2
Long-Term Leases	22.31	23.7	6.12	2.38	5.89	-
Long-Term Unearned Revenue	475.61	427.3	374.74	338.58	290.13	211.96
Long-Term Deferred Tax Liabilities	354.34	345.64	321.42	312.5	177.07	123.31
Other Long-Term Liabilities	30.76	28.8	88.57	84.16	80.45	81.27
Total Liabilities	8,142	8,122	6,666	6,188	4,930	3,443
Common Stock	1,043	1,043	1,043	1,043	744.76	744.76
Additional Paid-In Capital	-	-	-	23.26	328.56	446.13
Retained Earnings	8,509	8,099	6,931	6,083	5,140	4,330
Comprehensive Income & Other	360.67	362.9	367.52	355.03	334.73	6.41
Total Common Equity	9,913	9,504	8,341	7,504	6,548	5,527
Minority Interest	3,097	3,038	2,717	2,546	2,189	1,873
Shareholders' Equity	13,010	12,542	11,058	10,049	8,737	7,400
Total Liabilities & Equity	21,153	20,664	17,724	16,238	13,666	10,843
Total Debt	4,260	3,833	2,917	2,353	1,711	1,021
Net Cash (Debt)	-508.56	233.05	-28.29	-482.48	-3.72	-68.34
Net Cash Per Share	-0.48	0.22	-0.03	-0.46	-0.00	-0.07
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	8,102	8,148	6,644	6,277	5,575	3,750
Book Value Per Share	9.51	9.12	8.00	6.87	5.95	5.30
Tangible Book Value	9,421	9,005	7,852	7,000	6,119	5,096
Tangible Book Value Per Share	9.04	8.64	7.53	6.39	5.54	4.89
Buildings	-	2,524	2,129	2,024	1,692	1,287
Machinery	-	7,505	6,723	5,714	4,415	3,748
Construction In Progress	-	359.05	344.69	440.76	251.25	504.41

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.