Hwatsing Technology Co., Ltd. (SHA: 688120)

Hwatsing Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,558	2,565	2,057	616.98	331.26	80.19
Trading Asset Securities	2,219	2,022	2,103	200.54	90.29	-
Cash & Short-Term Investments	4,777	4,587	4,160	817.53	421.55	80.19
Cash Growth	3.15%	10.25%	408.89%	93.93%	425.66%	32.29%
Accounts Receivable	712.41	487.91	438.88	97.31	148.58	45.26
Other Receivables	19.68	8.15	8.49	3.79	2.45	6.57
Receivables	732.09	496.06	447.37	101.1	151.04	51.83
Inventory	3,312	2,415	2,361	1,476	510.87	225.21
Other Current Assets	236.15	186.86	153.55	66.29	8.67	31.26
Total Current Assets	9,057	7,685	7,122	2,460	1,092	388.5
Property, Plant & Equipment	1,230	899.15	553.47	432.18	280.37	51.91
Long-Term Investments	310.53	144.09	4.91	14.98	15	5
Other Intangible Assets	59.61	67.83	76.5	84.01	77.5	82.83
Long-Term Deferred Tax Assets	27.61	15.47	8.86	2.46	-	-
Long-Term Deferred Charges	7.74	0.02	0.04	0.06	8.71	2.28
Other Long-Term Assets	245.56	305.75	60.52	34	9.41	0
Total Assets	10,938	9,117	7,827	3,028	1,483	530.53
Accounts Payable	1,739	890.47	1,002	655.45	286.37	88.12
Accrued Expenses	82.67	94.49	78.74	42.12	12.9	7.78
Short-Term Debt	-	-	-	-	44.44	35.65
Current Portion of Long-Term Debt	92.05	210.37	18.67	37.28	-	-
Current Income Taxes Payable	53.6	26.51	22.17	-	12.12	0.16
Current Unearned Revenue	1,505	1,328	1,304	778.93	163.9	-
Other Current Liabilities	181.28	85.81	51.27	119.69	99.88	168.09
Total Current Liabilities	3,654	2,635	2,476	1,633	619.61	299.79
Long-Term Debt	416.65	472.73	179.85	258.89	88.3	-
Long-Term Unearned Revenue	563.21	389.89	302.8	287.61	148.57	117.7
Long-Term Deferred Tax Liabilities	-	-	4.13	-	-	-
Other Long-Term Liabilities	139.53	101.51	72.88	39.92	18.24	7.47
Total Liabilities	4,773	3,600	3,036	2,220	874.72	424.97
Common Stock	236.72	158.93	106.67	80	80	115.1
Additional Paid-In Capital	3,882	3,884	3,888	423.31	421.74	216.83
Retained Earnings	2,110	1,477	806.52	304.92	106.64	-226.37
Comprehensive Income & Other	-4.01	-2.24	-10.09	-0.02	-	-
Shareholders' Equity	6,165	5,518	4,791	808.21	608.39	105.56
Total Liabilities & Equity	10,938	9,117	7,827	3,028	1,483	530.53
Total Debt	508.7	683.11	198.52	296.18	132.73	35.65
Net Cash (Debt)	4,268	3,904	3,962	521.35	288.81	44.54
Net Cash Growth	8.00%	-1.47%	659.91%	80.51%	548.38%	-
Net Cash Per Share	18.00	16.47	18.66	2.94	1.73	-
Filing Date Shares Outstanding	237.21	236.81	236.81	176.51	177.61	-
Total Common Shares Outstanding	237.21	236.81	236.81	176.51	177.61	-
Working Capital	5,403	5,050	4,646	826.95	472.51	88.71
Book Value Per Share	25.99	23.30	20.23	4.58	3.43	-
Tangible Book Value	6,105	5,450	4,714	724.2	530.89	22.73
Tangible Book Value Per Share	25.74	23.01	19.91	4.10	2.99	-
Buildings	-	265.74	264.49	0.52	-	-
Machinery	-	563.98	359.54	471.55	74.6	64.01
Construction In Progress	-	200.11	-	-	227.4	0.75

Source: S&P Capital IQ. Standard template. Financial Sources.