Hengsheng Energy Co., Ltd (SHA:605580)

Hengsheng 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	87.28	102.09	162.53	205.69	90.23	32.72
Trading Asset Securities	-	-	-	-	220.56	-
Accounts Receivable	191.99	208.31	240.7	303.59	215.74	101.1
Other Receivables	56.66	57.73	34.54	0.87	1.25	18.81
Inventory	113.87	80.48	31.74	56.09	31.24	38.83
Prepaid Expenses	-	-	0	-	-	-
Other Current Assets	18.17	6.96	0.79	5.26	0.32	8.97
Total Current Assets	467.97	455.57	470.3	571.49	559.35	200.44
Property, Plant & Equipment	1,398	886.81	796.36	476.7	435.18	473.29
Other Intangible Assets	152.82	57.29	52.91	43.8	16.48	15.92
Long-Term Investments	16.53	16.53	16.7	8.38	-	-
Long-Term Deferred Tax Assets	31.52	26.26	25.47	12.16	5.43	3.08
Long-Term Deferred Charges	1.59	1.45	4.98	4.7	2.1	-
Other Long-Term Assets	7.96	0.24	1.56	28.93	30.18	-
Total Assets	2,138	1,444	1,368	1,146	1,049	692.73
Accounts Payable	43.45	24.37	18.02	57.85	82.72	13.75
Accrued Expenses	10.23	11.79	10.82	6.69	7.15	5.92
Short-Term Debt	322.38	223.97	208.04	76.58	50.06	238.36
Current Portion of Long-Term Debt	35.18	24.64	-	-	-	-
Current Unearned Revenue	4.73	4.35	5.95	3.71	3.76	2.2
Current Portion of Leases	-	0.31	-	-	-	-
Current Income Taxes Payable	12.29	10.53	21.87	19.13	33.1	29.61
Other Current Liabilities	227.24	60.72	29.81	27.24	13.58	31.94
Total Current Liabilities	655.49	360.67	294.51	191.21	190.37	321.78
Long-Term Debt	306.89	46.86	80.97	10	-	-
Long-Term Leases	10.41	0.31	-	-	-	-
Long-Term Unearned Revenue	49.95	44.23	37.64	5.38	5.57	6.46
Long-Term Deferred Tax Liabilities	18.65	3.28	4.25	5.2	5.56	6.09
Total Liabilities	1,041	455.34	417.37	211.8	201.51	334.33
Common Stock	280	280	280	200	200	150
Additional Paid-In Capital	269.13	269.13	269.13	349.13	349.13	34.88
Retained Earnings	388.31	389.55	350.95	335.14	298.09	173.53
Comprehensive Income & Other	0.84	0.87	1.51	0.26	-	-
Total Common Equity	938.27	939.54	901.59	884.53	847.22	358.4
Minority Interest	158.27	49.28	49.32	49.83	-	-
Shareholders' Equity	1,097	988.82	950.91	934.36	847.22	358.4
Total Liabilities & Equity	2,138	1,444	1,368	1,146	1,049	692.73
Total Debt	674.86	296.08	289.01	86.58	50.06	238.36
Net Cash (Debt)	-587.57	-193.99	-126.48	119.11	260.73	-205.64
Net Cash Growth	-	-	-	-54.32%	-	-
Net Cash Per Share	-2.10	-0.70	-0.46	0.43	1.12	-0.98
Filing Date Shares Outstanding	280	280	280	280	280	210
Total Common Shares Outstanding	280	280	280	280	280	210
Working Capital	-187.53	94.91	175.79	380.28	368.98	-121.34
Book Value Per Share	3.35	3.36	3.22	3.16	3.03	1.71
Tangible Book Value	724.04	882.25	848.67	840.73	830.74	342.49
Tangible Book Value Per Share	2.59	3.15	3.03	3.00	2.97	1.63
Buildings	432.46	261.64	214.6	187.27	186.14	185.48
Machinery	1,221	823.8	615.42	561.13	562.86	592.9
Construction In Progress	205.51	194.36	382.81	94.76	8.17	2.11

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