Hengsheng Energy Co., Ltd (SHA:605580)

Hengsheng Energy 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	107.25	100.73	102.09	162.53	205.69	90.23
Trading Asset Securities	-	2.81	-	-	-	220.56
Accounts Receivable	166.22	193.61	208.31	240.7	303.59	215.74
Other Receivables	3.89	42.33	42.03	34.54	0.87	1.25
Inventory	140.34	141.57	80.48	31.74	56.09	31.24
Prepaid Expenses	-	-	-	0	-	-
Other Current Assets	46.61	6.38	22.67	0.79	5.26	0.32
Total Current Assets	464.31	487.42	455.57	470.3	571.49	559.35
Property, Plant & Equipment	1,522	1,524	886.81	796.36	476.7	435.18
Goodwill	53.21	53.21	-	-	-	-
Other Intangible Assets	147.48	150.36	57.29	52.91	43.8	16.48
Long-Term Investments	16.44	16.38	16.53	16.7	8.38	-
Long-Term Deferred Tax Assets	65.18	59.27	26.26	25.47	12.16	5.43
Long-Term Deferred Charges	2.38	1.07	1.45	4.98	4.7	2.1
Other Long-Term Assets	35.29	4.02	0.24	1.56	28.93	30.18
Total Assets	2,306	2,296	1,444	1,368	1,146	1,049

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	127.68	70.11	24.37	18.02	57.85	82.72
Accrued Expenses	4.02	16.85	11.79	10.82	6.69	7.15
Short-Term Debt	298.16	272.01	223.97	208.04	76.58	50.06
Current Portion of Long-Term Debt	65.71	56.66	24.64	-	-	-
Current Unearned Revenue	14.95	58.05	4.35	5.95	3.71	3.76
Current Portion of Leases	-	8.35	0.31	-	-	-
Current Income Taxes Payable	22.89	12.43	10.53	21.87	19.13	33.1
Other Current Liabilities	87.08	160.14	60.72	29.81	27.24	13.58
Total Current Liabilities	620.51	654.61	360.67	294.51	191.21	190.37
Long-Term Debt	325.76	305.58	46.86	80.97	10	-
Long-Term Leases	67.19	66.28	0.31	-	-	-
Long-Term Unearned Revenue	68.93	56.62	44.23	37.64	5.38	5.57
Long-Term Deferred Tax Liabilities	22.29	22.18	3.28	4.25	5.2	5.56
Total Liabilities	1,105	1,105	455.34	417.37	211.8	201.51

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	280	280	280	280	200	200
Additional Paid-In Capital	269.13	269.13	269.13	269.13	349.13	349.13
Retained Earnings	485.78	475.54	389.55	350.95	335.14	298.09
Comprehensive Income & Other	0.21	0.19	0.87	1.51	0.26	-
Total Common Equity	1,035	1,025	939.54	901.59	884.53	847.22
Minority Interest	166.43	165.44	49.28	49.32	49.83	-
Shareholders' Equity	1,202	1,190	988.82	950.91	934.36	847.22
Total Liabilities & Equity	2,306	2,296	1,444	1,368	1,146	1,049

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	756.82	708.89	296.08	289.01	86.58	50.06
Net Cash (Debt)	-649.58	-605.34	-193.99	-126.48	119.11	260.73
Net Cash Growth	-	-	-	-	-54.32%	-
Net Cash Per Share	-2.33	-2.17	-0.70	-0.46	0.43	1.12
Filing Date Shares Outstanding	268.42	280	280	280	280	280
Total Common Shares Outstanding	268.42	280	280	280	280	280
Working Capital	-156.2	-167.18	94.91	175.79	380.28	368.98
Book Value Per Share	3.86	3.66	3.36	3.22	3.16	3.03
Tangible Book Value	834.43	821.29	882.25	848.67	840.73	830.74
Tangible Book Value Per Share	3.11	2.93	3.15	3.03	3.00	2.97
Buildings	-	650.89	261.64	214.6	187.27	186.14
Machinery	-	1,231	823.8	615.42	561.13	562.86
Construction In Progress	-	88.69	194.36	382.81	94.76	8.17

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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 2, 2026

Data Sources Report a data error