Hongyuan Green Energy Co., Ltd. (SHA:603185)

Hongyuan Green Energy 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,819	5,234	6,177	4,529	2,189	559.26
Short-Term Investments	-	-	-	-	-	15
Trading Asset Securities	3,114	4,396	1,612	2,689	1,646	2.17
Cash & Short-Term Investments	7,933	9,630	7,789	7,218	3,835	576.42
Cash Growth	-20.27%	23.63%	7.90%	88.23%	565.26%	-10.01%
Accounts Receivable	1,550	1,078	517.1	653.97	1,242	807.17
Other Receivables	64.6	118.72	122.43	199.59	100.04	2.17
Receivables	1,614	1,197	639.53	853.56	1,342	809.34
Inventory	1,273	1,396	2,057	1,474	2,444	707.53
Other Current Assets	1,117	960.98	1,407	536.04	909.59	214.3
Total Current Assets	11,938	13,183	11,893	10,082	8,530	2,308
Property, Plant & Equipment	12,729	13,414	13,917	7,226	4,726	2,129
Long-Term Investments	974.99	1,495	2,352	2,165	903.58	-
Other Intangible Assets	667.77	549.1	543.82	392.25	221.03	130.14
Long-Term Deferred Tax Assets	286.07	273.28	359.82	178.09	33.91	29.79
Long-Term Deferred Charges	53.19	64.27	35.83	4.65	3.7	2.14
Other Long-Term Assets	170.6	243.91	281.45	990.57	72.33	302.87
Total Assets	26,819	29,223	29,382	21,038	14,491	4,901
Accounts Payable	11,000	11,708	10,853	5,994	4,524	1,139
Accrued Expenses	68.98	194.93	207.54	202.82	75.86	43.27
Short-Term Debt	1,643	744.37	600.35	2	-	110.13
Current Portion of Long-Term Debt	745.72	535.49	145.11	101.04	101.55	0.81
Current Portion of Leases	-	7.13	29.21	16.54	11.35	-
Current Income Taxes Payable	105.8	-	26.84	51.43	11.75	30.91
Current Unearned Revenue	283.03	218.47	515.48	600.75	699.89	264.91
Other Current Liabilities	157.73	3,081	3,764	1,185	1,285	317
Total Current Liabilities	14,004	16,490	16,142	8,154	6,710	1,906
Long-Term Debt	386	599.3	844	90	190	219.15
Long-Term Leases	68.82	69.12	79.87	3.99	14.99	-
Long-Term Unearned Revenue	86.25	100.61	112.08	102.85	100.53	112
Long-Term Deferred Tax Liabilities	142.95	57.45	174.92	150.57	33.76	-
Other Long-Term Liabilities	26.49	22.32	8.57	0.56	0.99	1.8
Total Liabilities	14,715	17,339	17,361	8,502	7,050	2,239
Common Stock	679.02	679.02	577.81	410.85	275.23	243.81
Additional Paid-In Capital	9,381	9,380	6,936	7,036	4,503	1,253
Retained Earnings	2,109	1,874	4,584	5,168	2,685	1,134
Treasury Stock	-69.99	-49.99	-194.71	-79.56	-22.54	-40.86
Comprehensive Income & Other	3.59	1.1	118.16	-	-	72.46
Shareholders' Equity	12,105	11,884	12,021	12,535	7,441	2,662
Total Liabilities & Equity	26,819	29,223	29,382	21,038	14,491	4,901
Total Debt	2,844	1,955	1,699	213.57	317.89	330.09
Net Cash (Debt)	5,089	7,674	6,090	7,005	3,517	246.33
Net Cash Growth	-32.62%	26.01%	-13.06%	99.18%	1327.67%	-46.84%
Net Cash Per Share	8.05	12.30	10.46	12.88	6.64	0.54
Filing Date Shares Outstanding	675.13	494.76	683.89	574.12	538.44	476.98
Total Common Shares Outstanding	675.13	494.76	577.81	574.12	538.44	476.98
Working Capital	-2,066	-3,307	-4,249	1,928	1,821	401.16
Book Value Per Share	17.93	24.02	20.80	21.83	13.82	5.58
Tangible Book Value	11,435	11,335	11,477	12,143	7,220	2,532
Tangible Book Value Per Share	16.94	22.91	19.86	21.15	13.41	5.31
Buildings	-	3,330	2,811	1,594	1,396	438.5
Machinery	-	10,606	8,751	3,917	3,157	1,288
Construction In Progress	-	1,737	3,541	2,509	577.64	602.35

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