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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	64.34	100.73	102.09	162.53	205.69	90.23
Trading Asset Securities	-	2.81	-	-	-	220.56
Accounts Receivable	167.57	193.61	208.31	240.7	303.59	215.74
Other Receivables	3.55	42.33	42.03	34.54	0.87	1.25
Inventory	166.78	141.57	80.48	31.74	56.09	31.24
Prepaid Expenses	-	-	-	0	-	-
Other Current Assets	54.98	6.38	22.67	0.79	5.26	0.32
Total Current Assets	457.21	487.42	455.57	470.3	571.49	559.35
Property, Plant & Equipment	1,728	1,524	886.81	796.36	476.7	435.18
Goodwill	62.11	53.21	-	-	-	-
Other Intangible Assets	166.49	150.36	57.29	52.91	43.8	16.48
Long-Term Investments	15.4	16.38	16.53	16.7	8.38	-
Long-Term Deferred Tax Assets	67.86	59.27	26.26	25.47	12.16	5.43
Long-Term Deferred Charges	2.22	1.07	1.45	4.98	4.7	2.1
Other Long-Term Assets	19.22	4.02	0.24	1.56	28.93	30.18
Total Assets	2,519	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	98.29	70.11	24.37	18.02	57.85	82.72
Accrued Expenses	4.57	16.85	11.79	10.82	6.69	7.15
Short-Term Debt	295.14	272.01	223.97	208.04	76.58	50.06
Current Portion of Long-Term Debt	65.31	56.66	24.64	-	-	-
Current Unearned Revenue	28.16	58.05	4.35	5.95	3.71	3.76
Current Portion of Leases	-	8.35	0.31	-	-	-
Current Income Taxes Payable	16.51	12.43	10.53	21.87	19.13	33.1
Other Current Liabilities	266.21	160.14	60.72	29.81	27.24	13.58
Total Current Liabilities	774.19	654.61	360.67	294.51	191.21	190.37
Long-Term Debt	362.22	305.58	46.86	80.97	10	-
Long-Term Leases	67.75	66.28	0.31	-	-	-
Long-Term Unearned Revenue	72.45	56.62	44.23	37.64	5.38	5.57
Long-Term Deferred Tax Liabilities	21.77	22.18	3.28	4.25	5.2	5.56
Total Liabilities	1,298	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	Sep 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	501.78	475.54	389.55	350.95	335.14	298.09
Comprehensive Income & Other	0.36	0.19	0.87	1.51	0.26	-
Total Common Equity	1,051	1,025	939.54	901.59	884.53	847.22
Minority Interest	169.21	165.44	49.28	49.32	49.83	-
Shareholders' Equity	1,220	1,190	988.82	950.91	934.36	847.22
Total Liabilities & Equity	2,519	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	790.43	708.89	296.08	289.01	86.58	50.06
Net Cash (Debt)	-726.09	-605.34	-193.99	-126.48	119.11	260.73
Net Cash Growth	-	-	-	-	-54.32%	-
Net Cash Per Share	-2.64	-2.17	-0.70	-0.46	0.43	1.12
Filing Date Shares Outstanding	293.66	280	280	280	280	280
Total Common Shares Outstanding	293.66	280	280	280	280	280
Working Capital	-316.98	-167.18	94.91	175.79	380.28	368.98
Book Value Per Share	3.58	3.66	3.36	3.22	3.16	3.03
Tangible Book Value	822.66	821.29	882.25	848.67	840.73	830.74
Tangible Book Value Per Share	2.80	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: Sep 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:

Nov 3, 2026

Data Sources Report a data error