Fujian Highton Development Co., Ltd. (SHA:603162)

SHA:603162 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	550.09	550.36	639.73	734.77	280.95	52.93
Trading Asset Securities	145.05	91.76	504.41	-	-	-
Cash & Short-Term Investments	695.14	642.12	1,144	734.77	280.95	52.93
Cash Growth	-26.89%	-43.88%	55.72%	161.53%	430.82%	-5.01%
Accounts Receivable	235.77	228.23	113.35	60.91	100.1	46.61
Other Receivables	244.88	212.53	157.88	10.03	81.16	69.81
Receivables	480.65	440.76	271.23	70.94	181.26	116.41
Inventory	120.23	102.23	107.57	27.72	29.92	22.12
Prepaid Expenses	-	0.61	0.51	0.27	-	-
Other Current Assets	61.88	32.81	42.07	110.46	11.23	17.37
Total Current Assets	1,358	1,219	1,566	944.16	503.36	208.82
Property, Plant & Equipment	4,652	4,590	2,930	1,632	1,632	1,343
Other Intangible Assets	3.56	2.25	1.06	1.32	1.65	0.5
Long-Term Deferred Tax Assets	11.72	11.17	19.39	13.59	2.1	1.15
Long-Term Deferred Charges	2.88	2.83	2.11	2.3	-	-
Other Long-Term Assets	13.74	13.52	14.38	13.27	2.99	0
Total Assets	6,042	5,838	4,532	2,607	2,142	1,554
Accounts Payable	124.71	96.67	72.58	52.19	43.86	22.11
Accrued Expenses	29.94	58.78	34.83	21.3	11.18	7.94
Short-Term Debt	10.92	14.29	-	-	10.01	20.03
Current Portion of Long-Term Debt	511.67	7.19	-	-	-	-
Current Portion of Leases	-	350.64	311.89	166.08	-	-
Current Income Taxes Payable	7.62	12.58	0	6.98	56.47	35.8
Current Unearned Revenue	88.71	57.7	51.11	5.64	20.89	5.29
Other Current Liabilities	75.07	252.52	44.44	52.21	119.26	177.41
Total Current Liabilities	848.64	850.38	514.85	304.41	261.68	268.58
Long-Term Debt	256.66	39.92	-	-	-	-
Long-Term Leases	752.36	828.28	367.41	208.31	500.92	-
Long-Term Deferred Tax Liabilities	-	-	13.85	10.56	-	-
Other Long-Term Liabilities	-	-	-	37.02	53.33	624.54
Total Liabilities	1,858	1,719	896.11	560.29	815.93	893.12
Common Stock	916.35	916.88	614.79	371.48	371.48	233.75
Additional Paid-In Capital	1,105	1,107	1,352	120.83	118.16	94.47
Retained Earnings	2,075	2,007	1,596	1,494	859.34	341.9
Treasury Stock	-19.99	-22.38	-	-	-	-
Comprehensive Income & Other	108.04	110.83	72.73	60.37	-23.09	-9.34
Shareholders' Equity	4,184	4,119	3,636	2,047	1,326	660.77
Total Liabilities & Equity	6,042	5,838	4,532	2,607	2,142	1,554
Total Debt	1,532	1,240	679.3	374.39	510.92	20.03
Net Cash (Debt)	-836.47	-598.21	464.85	360.38	-229.98	32.9
Net Cash Growth	-	-	28.99%	-	-	-40.96%
Net Cash Per Share	-0.88	-0.64	0.53	0.44	-0.29	0.05
Filing Date Shares Outstanding	916.35	916.88	909.89	813.7	813.7	723.12
Total Common Shares Outstanding	916.35	916.88	909.89	813.7	813.7	723.12
Working Capital	509.25	368.15	1,051	639.76	241.68	-59.76
Book Value Per Share	4.57	4.49	4.00	2.52	1.63	0.91
Tangible Book Value	4,181	4,117	3,635	2,045	1,324	660.27
Tangible Book Value Per Share	4.56	4.49	4.00	2.51	1.63	0.91
Machinery	-	4,595	2,624	1,269	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.