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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,745	1,942	1,360	1,708	898.24	1,392
Short-Term Investments	-	-	-	-	-	6.7
Trading Asset Securities	141.81	946.76	510.02	-	54.55	-
Cash & Short-Term Investments	2,886	2,889	1,870	1,708	952.79	1,399
Cash Growth	19.11%	54.45%	9.53%	79.22%	-31.88%	48.48%
Accounts Receivable	5,821	4,882	4,276	3,718	3,399	2,767
Other Receivables	62.7	49.35	105.74	46.38	51.34	44.29
Receivables	5,884	4,932	4,382	3,764	3,450	2,811
Inventory	2,568	2,550	2,852	2,498	1,486	1,334
Prepaid Expenses	184.44	176.54	194.71	-	-	-
Other Current Assets	78.43	65.95	124.11	336.37	269.92	214.77
Total Current Assets	11,601	10,613	9,423	8,306	6,158	5,759
Property, Plant & Equipment	5,428	5,220	4,903	3,676	3,271	2,968
Long-Term Investments	49.72	50.09	37.15	12.82	-	-
Goodwill	13.41	13.41	13.41	13.41	13.41	13.41
Other Intangible Assets	467.52	475.57	489.93	414.68	417.67	429.46
Long-Term Deferred Tax Assets	467.78	446.24	453.25	257.33	156.85	108.01
Long-Term Deferred Charges	323.24	349.99	245.74	171.57	110.62	106.96
Other Long-Term Assets	605.44	519.06	633.72	778.27	682.37	785.23
Total Assets	18,991	17,724	16,238	13,666	10,843	10,197
Accounts Payable	2,556	1,905	1,917	1,776	1,359	1,545
Accrued Expenses	477.28	650.58	690.1	571.44	421.99	326.35
Short-Term Debt	986.12	42.8	40.83	45.18	402.94	1,153
Current Portion of Long-Term Debt	10.18	957.58	0.45	11.43	-	-
Current Portion of Leases	8.97	4.45	4.27	4.37	-	-
Current Income Taxes Payable	94.01	74.05	36.94	49.68	52.38	34.31
Current Unearned Revenue	77.01	52.82	54.18	43.14	34.01	26.61
Other Current Liabilities	351.25	281.3	402.36	230.51	138.23	191.15
Total Current Liabilities	4,561	3,969	3,146	2,732	2,408	3,277
Long-Term Debt	1,942	1,906	2,305	1,644	618.2	18.76
Long-Term Leases	27.9	6.12	2.38	5.89	-	-
Long-Term Unearned Revenue	404.05	374.74	338.58	290.13	211.96	175.29
Long-Term Deferred Tax Liabilities	333.3	321.42	312.5	177.07	123.31	77.88
Other Long-Term Liabilities	90.3	88.57	84.16	80.45	81.27	58.11
Total Liabilities	7,358	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	7,317	6,931	6,083	5,140	4,330	3,714
Comprensive Income & Other	359.63	367.52	355.03	334.73	6.41	18.62
Total Common Equity	8,720	8,341	7,504	6,548	5,527	4,924
Minority Interest	2,914	2,717	2,546	2,189	1,873	1,667
Shareholders' Equity	11,633	11,058	10,049	8,737	7,400	6,591
Total Liabilities & Equity	18,991	17,724	16,238	13,666	10,843	10,197
Total Debt	2,975	2,917	2,353	1,711	1,021	1,172
Net Cash (Debt)	-88.31	-28.29	-482.48	-3.72	-68.34	226.6
Net Cash Per Share	-0.08	-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	7,040	6,644	6,277	5,575	3,750	2,482
Book Value Per Share	8.03	7.67	6.87	5.95	5.30	4.72
Tangible Book Value	8,239	7,852	7,000	6,119	5,096	4,481
Tangible Book Value Per Share	7.57	7.20	6.39	5.54	4.89	4.30
Buildings	2,315	2,129	2,024	1,692	1,287	1,135
Machinery	7,056	6,723	5,714	4,415	3,748	3,251
Construction In Progress	403.05	344.69	440.76	251.25	504.41	403.72

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