Jiangsu Hengshang Energy Conservation Technology Co., Ltd. (SHA:603137)

SHA:603137 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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	257.65	126.29	250.5	473.39	300.9	208.98
Trading Asset Securities	40.05	70.58	241.44	253.8	-	-
Cash & Short-Term Investments	297.69	196.87	491.94	727.19	300.9	208.98
Cash Growth	-2.92%	-59.98%	-32.35%	141.67%	43.98%	5.55%
Accounts Receivable	2,264	2,584	2,710	2,369	2,073	1,609
Other Receivables	6.86	7.02	10.28	14.84	11.92	13.76
Receivables	2,271	2,591	2,720	2,384	2,085	1,623
Inventory	27	33.09	91.89	75.51	85.82	78.95
Prepaid Expenses	-	1.48	-	-	-	-
Other Current Assets	70.76	68.77	52.91	35.06	15.59	27.68
Total Current Assets	2,666	2,891	3,357	3,221	2,487	1,939
Property, Plant & Equipment	134.88	143.38	152	158.58	163.57	171.83
Long-Term Investments	44.46	1	-	-	-	-
Other Intangible Assets	35.2	35.66	36.59	37.51	38.44	39.37
Long-Term Deferred Tax Assets	50.87	52.84	38.83	33.08	29.83	25.63
Long-Term Deferred Charges	3.9	3.14	3.24	2.23	1.64	-
Other Long-Term Assets	-	0.02	0.14	0.18	-	0.96
Total Assets	2,935	3,127	3,587	3,453	2,720	2,177

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	800.44	1,085	1,700	1,649	1,304	1,231
Accrued Expenses	8.12	25.23	35.8	32.08	35.74	42.27
Short-Term Debt	635.94	589.5	472.92	386.84	235.49	340.46
Current Portion of Long-Term Debt	3.4	42.15	35.53	4.1	8.48	-
Current Portion of Leases	-	2.66	3.55	2.1	3.44	2.04
Current Income Taxes Payable	1.13	0.09	2.08	2.58	13.49	6
Current Unearned Revenue	49.22	25.62	44.7	82.6	139.53	65.56
Other Current Liabilities	223.79	189.22	32.22	38.82	38.2	41.31
Total Current Liabilities	1,722	1,959	2,327	2,198	1,779	1,729
Long-Term Debt	16.32	-	42.13	97.45	374.8	-
Long-Term Leases	-	-	-	5.84	6.33	6.95
Long-Term Deferred Tax Liabilities	0.32	0.55	0.7	1.83	-	-
Other Long-Term Liabilities	6.2	6.61	7.03	7.02	5.05	3.38
Total Liabilities	1,745	1,966	2,377	2,310	2,165	1,739

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	182.93	182.93	182.93	130.67	98	98
Additional Paid-In Capital	583.6	583.6	583.6	635.87	207.96	207.96
Retained Earnings	423.93	394.13	443.78	376.56	249.52	131.66
Shareholders' Equity	1,190	1,161	1,210	1,143	555.48	437.62
Total Liabilities & Equity	2,935	3,127	3,587	3,453	2,720	2,177

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	655.66	634.31	554.13	496.33	628.55	349.44
Net Cash (Debt)	-357.97	-437.44	-62.19	230.86	-327.65	-140.46
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.92	-2.37	-0.34	1.38	-2.38	-1.02
Filing Date Shares Outstanding	191.49	182.93	182.93	182.93	182.93	137.2
Total Common Shares Outstanding	191.49	182.93	182.93	182.93	137.2	137.2
Working Capital	944.01	931.77	1,029	1,024	708.18	210.17
Book Value Per Share	6.22	6.34	6.62	6.25	4.05	3.19
Tangible Book Value	1,155	1,125	1,174	1,106	517.04	398.25
Tangible Book Value Per Share	6.03	6.15	6.42	6.04	3.77	2.90
Buildings	-	159.85	159.85	148.23	148.23	147.87
Machinery	-	94.62	89.32	84.72	78.45	73.62
Construction In Progress	-	0.48	-	4.03	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 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:

Sep 16, 2026

Data Sources Report a data error