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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,772	4,109	4,843	5,287	5,580	177.31
Trading Asset Securities	128.91	-	-	191.01	110.01	-
Cash & Short-Term Investments	3,901	4,109	4,843	5,478	5,690	177.31
Cash Growth	-18.13%	-15.16%	-11.59%	-3.72%	3109.02%	-1.95%
Accounts Receivable	799.27	766.23	447.99	359.09	277.23	223.04
Other Receivables	51.59	44.26	60.66	101.88	43.65	9.22
Receivables	850.86	810.5	508.65	460.97	320.88	232.26
Inventory	919.67	940.62	730.75	641.59	214.33	126.22
Prepaid Expenses	-	4.25	2.19	1.69	0	-
Other Current Assets	295.95	307.37	99.06	59.7	12.31	12.83
Total Current Assets	5,967	6,172	6,184	6,642	6,237	548.63
Property, Plant & Equipment	1,598	1,530	675.94	573.7	149.12	107.64
Long-Term Investments	131.82	83.87	48.24	7.5	-	-
Other Intangible Assets	334.46	359.4	209.03	17.85	17.33	17.23
Long-Term Accounts Receivable	-	7.36	17.14	4.91	1.12	4.38
Long-Term Deferred Tax Assets	166.08	144.69	78.8	48.51	15.11	7.38
Long-Term Deferred Charges	42.61	34.69	12.78	8.3	2.56	1.65
Other Long-Term Assets	9.56	1.75	1.81	14.69	0.24	-
Total Assets	8,249	8,333	7,228	7,318	6,423	686.9
Accounts Payable	659.87	1,208	522.37	534.38	225.12	160.14
Accrued Expenses	51.76	141.32	88.61	70.12	58.38	29.98
Short-Term Debt	474.88	158.01	26.82	-	20.01	31.55
Current Portion of Long-Term Debt	9.99	-	1.01	-	-	-
Current Portion of Leases	-	10.08	14.73	4.7	-	-
Current Income Taxes Payable	28.51	24.89	32.49	52.77	30.11	11.3
Current Unearned Revenue	39.44	53	48.5	146.78	31.83	25.1
Other Current Liabilities	52.49	18.63	12.88	33.21	7.06	12.45
Total Current Liabilities	1,317	1,613	747.41	841.94	372.52	270.51
Long-Term Debt	507	266.18	9	-	21.53	-
Long-Term Leases	18.2	17.91	32.68	17.95	11.54	14.76
Long-Term Unearned Revenue	14.71	14.34	2.32	1.5	1.58	1.66
Long-Term Deferred Tax Liabilities	1.73	1.75	1.82	-	-	-
Other Long-Term Liabilities	62.04	62.71	55.3	47.74	30.51	22.81
Total Liabilities	1,921	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	5,605	5,776	5,769	5,689	5,695	298.46
Retained Earnings	716.74	727.1	680.36	662.99	250.44	48.7
Treasury Stock	-108.04	-276.39	-152.48	-	-	-
Comprehensive Income & Other	-8.51	6.42	-2.31	0	-	-
Total Common Equity	6,330	6,357	6,377	6,408	5,985	377.15
Minority Interest	-0.8	-0.44	1.76	0.2	-	-
Shareholders' Equity	6,329	6,357	6,379	6,409	5,985	377.15
Total Liabilities & Equity	8,249	8,333	7,228	7,318	6,423	686.9
Total Debt	1,010	452.17	84.24	22.66	53.08	46.31
Net Cash (Debt)	2,891	3,657	4,759	5,456	5,637	131.01
Net Cash Growth	-38.29%	-23.16%	-12.77%	-3.21%	4202.76%	75.90%
Net Cash Per Share	23.20	29.64	38.40	43.93	60.41	1.40
Filing Date Shares Outstanding	129.47	123.27	123.55	124.33	124.33	93.24
Total Common Shares Outstanding	129.47	123.27	123.74	124.33	124.33	93.24
Working Capital	4,650	4,558	5,437	5,800	5,865	278.12
Book Value Per Share	48.89	51.57	51.54	51.55	48.14	4.04
Tangible Book Value	5,995	5,998	6,168	6,391	5,968	359.93
Tangible Book Value Per Share	46.30	48.66	49.85	51.40	48.00	3.86
Buildings	-	600.19	401.9	125.01	46.6	32.82
Machinery	-	218.45	167.56	122.15	87.99	81.98
Construction In Progress	-	775.41	113.33	353.35	43.86	15.36

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