Hillstone Networks Co.,Ltd. (SHA:688030)

Hillstone Networks 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	230.71	217.88	338.77	525.24	469.61	800.75
Short-Term Investments	-	-	-	-	-	20
Trading Asset Securities	4	60.01	30	-	110.61	20
Cash & Short-Term Investments	234.71	277.89	368.77	525.24	580.22	840.75
Cash Growth	-39.81%	-24.64%	-29.79%	-9.47%	-30.99%	-21.80%
Accounts Receivable	1,048	1,055	885.16	952.35	808.69	516.83
Other Receivables	5.62	11.28	6.75	13.13	5.36	3.5
Receivables	1,054	1,066	891.91	965.48	814.04	520.33
Inventory	83.7	88.06	77.13	139.22	132.87	96.58
Other Current Assets	32.66	45.72	36.19	14.43	27.78	36.16
Total Current Assets	1,405	1,478	1,374	1,644	1,555	1,494
Property, Plant & Equipment	228.68	244.59	251.87	287.31	286.05	52.23
Long-Term Investments	42.56	43.01	41.04	42.04	8.14	9.67
Other Intangible Assets	109.6	112.66	85.89	47.52	42.28	11.67
Long-Term Deferred Tax Assets	99.48	99.07	92.91	75.89	34.92	19.28
Long-Term Deferred Charges	5.37	5.99	4.22	4.03	6.22	4.35
Other Long-Term Assets	1.76	2.38	2.15	15.01	11.02	202.96
Total Assets	1,892	1,985	1,852	2,116	1,944	1,794
Accounts Payable	231.7	237.63	136	159.96	160.65	190.96
Accrued Expenses	45.74	104.62	77.01	61.37	106.74	61.25
Short-Term Debt	296.9	222	122.49	137.72	-	-
Current Portion of Long-Term Debt	6.14	2.51	1.46	0.83	-	-
Current Portion of Leases	-	19.22	6.45	20.48	17.75	-
Current Income Taxes Payable	11.72	-	-	0	0.01	0.04
Current Unearned Revenue	66.42	69.69	50.91	27.41	13.37	15.4
Other Current Liabilities	97.39	119.84	100.39	110.15	99.34	83.85
Total Current Liabilities	756.01	775.51	494.72	517.92	397.87	351.5
Long-Term Debt	271.98	269.37	258.71	247.39	-	-
Long-Term Leases	1.9	2.62	3.37	10.34	17.5	-
Long-Term Deferred Tax Liabilities	0	0	-	2.52	0.09	-
Other Long-Term Liabilities	14.24	14.9	14.98	17.22	21.62	17.12
Total Liabilities	1,044	1,062	771.77	795.39	437.09	368.62
Common Stock	180.23	180.23	180.23	180.23	180.22	180.22
Additional Paid-In Capital	1,251	1,251	1,253	1,253	1,256	1,231
Retained Earnings	-592.12	-517.71	-380.5	-140.69	64.41	7.08
Treasury Stock	-16.3	-16.3	-	-	-	-
Comprehensive Income & Other	25.37	25.33	26.41	26.21	6.69	7.37
Total Common Equity	848.11	922.5	1,079	1,318	1,507	1,425
Minority Interest	0.06	0.55	1.36	2.35	-0.81	-0.06
Shareholders' Equity	848.16	923.05	1,080	1,321	1,506	1,425
Total Liabilities & Equity	1,892	1,985	1,852	2,116	1,944	1,794
Total Debt	576.91	515.73	392.48	416.76	35.25	-
Net Cash (Debt)	-342.2	-237.83	-23.71	108.48	544.96	840.75
Net Cash Growth	-	-	-	-80.09%	-35.18%	-21.07%
Net Cash Per Share	-1.90	-1.32	-0.13	0.60	3.02	4.66
Filing Date Shares Outstanding	178.82	178.82	180.23	180.23	180.22	180.22
Total Common Shares Outstanding	178.82	178.82	180.23	180.23	180.22	180.22
Working Capital	648.83	702.24	879.28	1,126	1,157	1,142
Book Value Per Share	4.74	5.16	5.99	7.32	8.36	7.91
Tangible Book Value	738.51	809.84	993.05	1,271	1,465	1,414
Tangible Book Value Per Share	4.13	4.53	5.51	7.05	8.13	7.84
Buildings	-	184.73	184.73	184.73	181.66	-
Machinery	-	210	208.16	200.6	169.24	127.64

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.