Hoymiles Power Electronics Inc. (SHA:688032)

SHA:688032 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	3,714	4,109	4,843	5,287	5,580	177.31
Trading Asset Securities	70.6	-	-	191.01	110.01	-
Cash & Short-Term Investments	3,785	4,109	4,843	5,478	5,690	177.31
Cash Growth	-14.41%	-15.16%	-11.59%	-3.72%	3109.02%	-1.95%
Accounts Receivable	639.36	766.23	447.99	359.09	277.23	223.04
Other Receivables	40.23	44.26	60.66	101.88	43.65	9.22
Receivables	679.59	810.5	508.65	460.97	320.88	232.26
Inventory	994.73	940.62	730.75	641.59	214.33	126.22
Prepaid Expenses	-	4.25	2.19	1.69	0	-
Other Current Assets	252.84	307.37	99.06	59.7	12.31	12.83
Total Current Assets	5,712	6,172	6,184	6,642	6,237	548.63
Property, Plant & Equipment	1,566	1,530	675.94	573.7	149.12	107.64
Long-Term Investments	132.16	83.87	48.24	7.5	-	-
Other Intangible Assets	334.22	359.4	209.03	17.85	17.33	17.23
Long-Term Accounts Receivable	4.75	7.36	17.14	4.91	1.12	4.38
Long-Term Deferred Tax Assets	196.01	144.69	78.8	48.51	15.11	7.38
Long-Term Deferred Charges	41.37	34.69	12.78	8.3	2.56	1.65
Other Long-Term Assets	3.3	1.75	1.81	14.69	0.24	-
Total Assets	7,990	8,333	7,228	7,318	6,423	686.9
Accounts Payable	663.15	1,208	522.37	534.38	225.12	160.14
Accrued Expenses	116.55	141.32	88.61	70.12	58.38	29.98
Short-Term Debt	536.93	158.01	26.82	-	20.01	31.55
Current Portion of Long-Term Debt	62.14	-	1.01	-	-	-
Current Portion of Leases	6.26	10.08	14.73	4.7	-	-
Current Income Taxes Payable	22.15	24.89	32.49	52.77	30.11	11.3
Current Unearned Revenue	31.03	53	48.5	146.78	31.83	25.1
Other Current Liabilities	28.47	18.63	12.88	33.21	7.06	12.45
Total Current Liabilities	1,467	1,613	747.41	841.94	372.52	270.51
Long-Term Debt	541.94	266.18	9	-	21.53	-
Long-Term Leases	16.65	17.91	32.68	17.95	11.54	14.76
Long-Term Unearned Revenue	13.97	14.34	2.32	1.5	1.58	1.66
Long-Term Deferred Tax Liabilities	1.72	1.75	1.82	-	-	-
Other Long-Term Liabilities	60.99	62.71	55.3	47.74	30.51	22.81
Total Liabilities	2,102	1,976	848.53	909.14	437.69	309.74
Common Stock	124.07	124.07	83.32	56	40	30
Additional Paid-In Capital	5,618	5,776	5,769	5,689	5,695	298.46
Retained Earnings	349.45	727.1	680.36	662.99	250.44	48.7
Treasury Stock	-182.83	-276.39	-152.48	-	-	-
Comprehensive Income & Other	-19.62	6.42	-2.31	0	-	-
Total Common Equity	5,889	6,357	6,377	6,408	5,985	377.15
Minority Interest	-1.09	-0.44	1.76	0.2	-	-
Shareholders' Equity	5,888	6,357	6,379	6,409	5,985	377.15
Total Liabilities & Equity	7,990	8,333	7,228	7,318	6,423	686.9
Total Debt	1,164	452.17	84.24	22.66	53.08	46.31
Net Cash (Debt)	2,621	3,657	4,759	5,456	5,637	131.01
Net Cash Growth	-38.38%	-23.16%	-12.77%	-3.21%	4202.76%	75.90%
Net Cash Per Share	21.10	29.64	38.40	43.93	60.41	1.40
Filing Date Shares Outstanding	120.86	123.27	123.55	124.33	124.33	93.24
Total Common Shares Outstanding	120.86	123.27	123.74	124.33	124.33	93.24
Working Capital	4,245	4,558	5,437	5,800	5,865	278.12
Book Value Per Share	48.73	51.57	51.54	51.55	48.14	4.04
Tangible Book Value	5,555	5,998	6,168	6,391	5,968	359.93
Tangible Book Value Per Share	45.96	48.66	49.85	51.40	48.00	3.86
Buildings	749.05	600.19	401.9	125.01	46.6	32.82
Machinery	223.69	218.45	167.56	122.15	87.99	81.98
Construction In Progress	691.31	775.41	113.33	353.35	43.86	15.36

Source: S&P Global Market Intelligence. Standard template. Financial Sources.