Jiangsu Huachen Transformer Co., Ltd. (SHA:603097)

SHA:603097 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	179.91	206.61	137.76	124.98	212.08	53.31
Trading Asset Securities	16.48	99	35.96	64.24	-	-
Cash & Short-Term Investments	196.38	305.61	173.73	189.22	212.08	53.31
Cash Growth	33.55%	75.91%	-8.19%	-10.78%	297.83%	-39.63%
Accounts Receivable	1,379	1,495	1,023	930.31	563.62	401.58
Other Receivables	20.7	20.37	31.65	28.99	14.01	12.56
Receivables	1,400	1,515	1,054	959.3	577.64	414.14
Inventory	620.42	486.23	468.12	281.98	242.05	168
Prepaid Expenses	-	-	0	0.02	0.07	0.23
Other Current Assets	27.59	7.63	13.11	8.12	12.02	10.35
Total Current Assets	2,244	2,315	1,709	1,439	1,044	646.03
Property, Plant & Equipment	818.37	825.92	442.74	293.35	202.22	139.96
Other Intangible Assets	110.86	111.47	116.22	39.79	39.61	38.16
Long-Term Deferred Tax Assets	5.52	8.66	6.97	3.94	9.09	7.26
Long-Term Deferred Charges	1.94	2.5	1.14	0.33	-	-
Other Long-Term Assets	20.66	15.9	96.68	2.79	59.49	15.18
Total Assets	3,201	3,279	2,373	1,779	1,354	846.59

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,144	1,041	601.16	364.63	251.56	196.52
Accrued Expenses	63.49	99.19	87.84	99.11	60.06	51.59
Short-Term Debt	40.93	40.12	241.11	231.78	139.46	33.34
Current Portion of Long-Term Debt	19.63	6.75	48.98	8.99	-	-
Current Portion of Leases	-	0.7	3.5	2.8	1.1	-
Current Income Taxes Payable	13.87	6.15	3.99	7.07	0.17	3.78
Current Unearned Revenue	80.51	62.97	50.73	39.24	22.9	16.55
Other Current Liabilities	109.13	307.82	117.44	35.99	31.76	19.39
Total Current Liabilities	1,472	1,565	1,155	789.61	507.01	321.17
Long-Term Debt	565.39	554.19	170.24	40	-	15.65
Long-Term Leases	0.36	0.38	3.1	4.1	2.36	4.63
Long-Term Unearned Revenue	13.26	13.61	11.55	12.7	12.91	0.25
Other Long-Term Liabilities	0.31	0.31	-	-	-	-
Total Liabilities	2,051	2,133	1,340	846.41	522.27	341.71

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	165.16	165.15	160	160	160	120
Additional Paid-In Capital	377.66	373.3	299.66	299.66	299.66	71.81
Retained Earnings	599.22	599.09	561.41	469.8	372.32	313.07
Treasury Stock	-63.27	-63.27	-	-	-	-
Comprehensive Income & Other	58.95	58.98	-	-	-	-
Total Common Equity	1,138	1,133	1,021	929.46	831.99	504.88
Minority Interest	12.48	12.4	12.32	2.96	-	-
Shareholders' Equity	1,150	1,146	1,033	932.42	831.99	504.88
Total Liabilities & Equity	3,201	3,279	2,373	1,779	1,354	846.59

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	626.32	602.14	466.93	287.67	142.92	53.63
Net Cash (Debt)	-429.93	-296.53	-293.21	-98.45	69.16	-0.32
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.93	-1.32	-1.30	-0.44	0.34	-0.00
Filing Date Shares Outstanding	217.41	221.86	230.21	224	224	168
Total Common Shares Outstanding	217.41	221.86	224	224	224	168
Working Capital	772.19	749.69	554.53	649.02	536.85	324.85
Book Value Per Share	5.23	5.11	4.56	4.15	3.71	3.01
Tangible Book Value	1,027	1,022	904.85	889.67	792.38	466.71
Tangible Book Value Per Share	4.72	4.61	4.04	3.97	3.54	2.78
Buildings	-	392.94	168.78	120.97	111.47	35.41
Machinery	-	268.24	214.3	171.27	9.87	69.63
Construction In Progress	-	279.53	140.33	49.49	43.76	68.19

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 2, 2026

Data Sources Report a data error