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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,187	2,565	2,057	616.98	331.26	80.19
Trading Asset Securities	2,285	2,022	2,103	200.54	90.29	-
Cash & Short-Term Investments	4,472	4,587	4,160	817.53	421.55	80.19
Cash Growth	-	10.25%	408.89%	93.93%	425.66%	32.29%
Accounts Receivable	709.3	487.91	438.88	97.31	148.58	45.26
Other Receivables	45.66	8.15	8.49	3.79	2.45	6.57
Receivables	754.96	496.06	447.37	101.1	151.04	51.83
Inventory	3,080	2,415	2,361	1,476	510.87	225.21
Other Current Assets	218.53	186.86	153.55	66.29	8.67	31.26
Total Current Assets	8,525	7,685	7,122	2,460	1,092	388.5
Property, Plant & Equipment	1,139	899.15	553.47	432.18	280.37	51.91
Long-Term Investments	309.08	144.09	4.91	14.98	15	5
Other Intangible Assets	62.54	67.83	76.5	84.01	77.5	82.83
Long-Term Deferred Tax Assets	23.48	15.47	8.86	2.46	-	-
Long-Term Deferred Charges	4.5	0.02	0.04	0.06	8.71	2.28
Other Long-Term Assets	230.13	305.75	60.52	34	9.41	0
Total Assets	10,294	9,117	7,827	3,028	1,483	530.53
Accounts Payable	1,618	890.47	1,002	655.45	286.37	88.12
Accrued Expenses	98.99	94.49	78.74	42.12	12.9	7.78
Short-Term Debt	-	-	-	-	44.44	35.65
Current Portion of Long-Term Debt	166.71	210.37	18.67	37.28	-	-
Current Income Taxes Payable	39.84	26.51	22.17	-	12.12	0.16
Current Unearned Revenue	1,342	1,328	1,304	778.93	163.9	-
Other Current Liabilities	143.53	85.81	51.27	119.69	99.88	168.09
Total Current Liabilities	3,409	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	462.36	389.89	302.8	287.61	148.57	117.7
Long-Term Deferred Tax Liabilities	-	-	4.13	-	-	-
Other Long-Term Liabilities	124.93	101.51	72.88	39.92	18.24	7.47
Total Liabilities	4,413	3,600	3,036	2,220	874.72	424.97
Common Stock	158.93	158.93	106.67	80	80	115.1
Additional Paid-In Capital	3,934	3,884	3,888	423.31	421.74	216.83
Retained Earnings	1,822	1,477	806.52	304.92	106.64	-226.37
Comprensive Income & Other	-3.88	-2.24	-10.09	-0.02	-	-
Shareholders' Equity	5,881	5,518	4,791	808.21	608.39	105.56
Total Liabilities & Equity	10,294	9,117	7,827	3,028	1,483	530.53
Total Debt	583.36	683.11	198.52	296.18	132.73	35.65
Net Cash (Debt)	3,888	3,904	3,962	521.35	288.81	44.54
Net Cash Growth	-	-1.47%	659.91%	80.51%	548.38%	-
Net Cash Per Share	16.41	16.47	18.66	2.94	1.73	-
Filing Date Shares Outstanding	236.55	236.81	236.81	176.51	177.61	-
Total Common Shares Outstanding	236.55	236.81	236.81	176.51	177.61	-
Working Capital	5,117	5,050	4,646	826.95	472.51	88.71
Book Value Per Share	24.86	23.30	20.23	4.58	3.43	-
Tangible Book Value	5,819	5,450	4,714	724.2	530.89	22.73
Tangible Book Value Per Share	24.60	23.01	19.91	4.10	2.99	-
Buildings	267.15	265.74	264.49	0.52	-	-
Machinery	648.58	563.98	359.54	471.55	74.6	64.01
Construction In Progress	390.14	200.11	-	-	227.4	0.75

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