Huaqin Technology Co., Ltd. (SHA:603296)

Huaqin Technology 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	16,553	13,653	12,756	7,851	6,361	6,027
Trading Asset Securities	1,450	1,394	2,777	605.89	56	358.88
Cash & Short-Term Investments	18,003	15,047	15,533	8,457	6,417	6,386
Cash Growth	32.38%	-3.13%	83.67%	31.80%	0.49%	22.09%
Accounts Receivable	35,987	25,532	14,467	14,445	18,487	14,333
Other Receivables	827.2	775.9	359.11	501.78	472.4	259.91
Receivables	36,814	26,308	14,826	14,947	18,959	14,593
Inventory	14,258	11,476	4,344	6,211	7,841	4,894
Other Current Assets	4,208	3,391	1,431	1,444	1,369	762.81
Total Current Assets	73,283	56,222	36,134	31,059	34,586	26,636
Property, Plant & Equipment	10,738	10,137	7,968	7,379	6,042	3,288
Long-Term Investments	4,224	4,111	3,649	3,766	3,054	1,360
Goodwill	1,332	1,332	0.6	0.6	0.6	0.6
Other Intangible Assets	1,787	1,791	1,179	1,176	1,150	633.33
Long-Term Deferred Tax Assets	592.73	522.06	429.14	294.76	223.8	120.64
Long-Term Deferred Charges	108.44	106.72	89.4	76.66	77.28	49.4
Other Long-Term Assets	2,921	2,076	2,061	70.05	105.65	51.48
Total Assets	94,986	76,297	51,510	43,821	45,240	32,139
Accounts Payable	44,782	35,429	20,397	21,453	26,582	20,662
Accrued Expenses	2,702	2,374	1,792	1,302	1,406	808.79
Short-Term Debt	14,230	7,982	3,845	2,398	1,547	176.15
Current Portion of Long-Term Debt	158.42	1,115	892.95	110.17	780.32	160.69
Current Portion of Leases	230.87	216.13	170.96	64.4	80.76	-
Current Income Taxes Payable	560.52	427.82	144.23	180.92	132.17	173.32
Current Unearned Revenue	649.54	492.52	121.48	576.68	1,796	84.81
Other Current Liabilities	1,833	1,632	1,063	1,092	1,204	487.17
Total Current Liabilities	65,148	49,669	28,426	27,178	33,529	22,553
Long-Term Debt	4,424	2,473	1,345	3,386	1,075	1,774
Long-Term Leases	419.04	461.51	268.97	156.13	160.01	67.64
Long-Term Unearned Revenue	243.65	249.56	259.91	197	213.32	131.28
Long-Term Deferred Tax Liabilities	516.24	519.8	366.78	273.62	188.31	90.42
Other Long-Term Liabilities	142.52	-	-	218.99	414.36	-
Total Liabilities	70,894	53,373	30,667	31,410	35,580	24,616
Common Stock	1,016	1,016	724.25	651.83	651.83	651.83
Additional Paid-In Capital	10,637	10,577	10,698	4,929	4,798	4,502
Retained Earnings	12,202	11,275	9,358	6,651	4,107	2,214
Treasury Stock	-292.61	-382.06	-	-	-	-
Comprehensive Income & Other	30.24	57.26	85.51	150.34	5.83	39.42
Total Common Equity	23,593	22,543	20,866	12,383	9,562	7,407
Minority Interest	500.09	380.8	-23.28	28.3	98.2	116.04
Shareholders' Equity	24,093	22,924	20,843	12,411	9,660	7,523
Total Liabilities & Equity	94,986	76,297	51,510	43,821	45,240	32,139
Total Debt	19,463	12,248	6,523	6,115	3,643	2,178
Net Cash (Debt)	-1,459	2,799	9,010	2,342	2,773	4,208
Net Cash Growth	-	-68.94%	284.70%	-15.55%	-34.08%	67.46%
Net Cash Per Share	-1.44	2.76	9.45	2.57	3.04	4.77
Filing Date Shares Outstanding	1,013	1,010	1,014	912.56	912.56	757.56
Total Common Shares Outstanding	1,013	1,010	1,014	912.56	912.56	757.56
Working Capital	8,134	6,553	7,708	3,881	1,057	4,083
Book Value Per Share	23.29	22.31	20.58	13.57	10.48	9.78
Tangible Book Value	20,473	19,420	19,687	11,207	8,411	6,773
Tangible Book Value Per Share	20.21	19.22	19.42	12.28	9.22	8.94
Buildings	5,882	4,645	4,193	2,677	1,621	1,091
Machinery	7,940	6,201	4,294	4,403	3,149	2,098
Construction In Progress	889.91	1,760	970.78	1,858	2,148	627.13

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.