Hwatsing Technology Co., Ltd. (SHA:688120)
China · Delayed Price · Currency is CNY 163.45
-13.48 (-7.62%)
Oct 30, 2026, 3:00 PM CST
Hwatsing Technology Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 6,278 | 2,036 | 2,761 | 2,565 | 2,057 | 616.98 |
Short-Term Investments | - | 200 | - | - | - | - |
Trading Asset Securities | 1,710 | 2,405 | 1,845 | 2,022 | 2,103 | 200.54 |
Cash & Short-Term Investments | 7,988 | 4,641 | 4,606 | 4,587 | 4,160 | 817.53 |
Cash Growth | 92.43% | 0.75% | 0.43% | 10.25% | 408.89% | 93.94% |
Accounts Receivable | 1,897 | 1,019 | 701.02 | 487.91 | 438.88 | 97.31 |
Other Receivables | 68 | 74.65 | 32.3 | 8.15 | 8.49 | 3.79 |
Receivables | 1,965 | 1,094 | 733.32 | 496.06 | 447.37 | 101.1 |
Inventory | 6,219 | 3,989 | 3,268 | 2,415 | 2,361 | 1,476 |
Prepaid Expenses | - | 0.04 | - | - | - | - |
Other Current Assets | 410.94 | 285.19 | 224.7 | 186.86 | 153.55 | 66.29 |
Total Current Assets | 16,583 | 10,009 | 8,832 | 7,685 | 7,122 | 2,460 |
Property, Plant & Equipment | 1,679 | 1,571 | 1,343 | 899.15 | 553.47 | 432.18 |
Long-Term Investments | 454.58 | 447.96 | 477.95 | 373.16 | 4.91 | 14.98 |
Goodwill | 802.13 | 802.13 | 802.13 | - | - | - |
Other Intangible Assets | 208.86 | 209.98 | 228.29 | 67.83 | 76.5 | 84.01 |
Long-Term Deferred Tax Assets | 27.3 | 32.66 | 29.85 | 15.47 | 8.86 | 2.46 |
Long-Term Deferred Charges | 7.8 | 15.56 | 16.02 | 0.02 | 0.04 | 0.06 |
Other Long-Term Assets | 28.15 | 50.59 | 21.15 | 76.68 | 60.52 | 34 |
Total Assets | 19,791 | 13,139 | 11,751 | 9,117 | 7,827 | 3,028 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 3,434 | 1,918 | 1,290 | 890.47 | 1,002 | 655.45 |
Accrued Expenses | 191.32 | 319.77 | 183.14 | 94.49 | 78.74 | 42.12 |
Short-Term Debt | - | - | 27.5 | - | - | - |
Current Portion of Long-Term Debt | - | 126.56 | 112.07 | 210.37 | 18.67 | 37.28 |
Current Portion of Leases | - | 4.03 | 1.64 | - | - | - |
Current Income Taxes Payable | 66.81 | 30.98 | 3.22 | 26.51 | 22.17 | - |
Current Unearned Revenue | 2,399 | 1,932 | 1,791 | 1,328 | 1,304 | 778.93 |
Other Current Liabilities | 586.86 | 417.7 | 776.88 | 85.81 | 51.27 | 119.69 |
Total Current Liabilities | 6,678 | 4,749 | 4,186 | 2,635 | 2,476 | 1,633 |
Long-Term Debt | 173.99 | 234.03 | 360.64 | 472.73 | 179.85 | 258.89 |
Long-Term Leases | 79.17 | 30.57 | 0.05 | - | - | - |
Long-Term Unearned Revenue | 566.68 | 563.97 | 553.53 | 389.89 | 302.8 | 287.61 |
Long-Term Deferred Tax Liabilities | 17.13 | 19.26 | 21.33 | - | 4.13 | - |
Other Long-Term Liabilities | 96.37 | 83.53 | 149.22 | 101.51 | 72.88 | 39.92 |
Total Liabilities | 7,611 | 5,680 | 5,271 | 3,600 | 3,036 | 2,220 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 512.36 | 353.65 | 236.72 | 158.93 | 106.67 | 80 |
Additional Paid-In Capital | 7,587 | 3,885 | 3,907 | 3,884 | 3,888 | 423.31 |
Retained Earnings | 4,228 | 3,367 | 2,413 | 1,477 | 806.52 | 304.92 |
Treasury Stock | -140.16 | -140.16 | -78.93 | - | - | - |
Comprehensive Income & Other | -8.25 | -7.09 | -4.55 | -2.24 | -10.09 | -0.02 |
Total Common Equity | 12,179 | 7,458 | 6,473 | 5,518 | 4,791 | 808.21 |
Minority Interest | - | - | 7.24 | - | - | - |
Shareholders' Equity | 12,179 | 7,458 | 6,480 | 5,518 | 4,791 | 808.21 |
Total Liabilities & Equity | 19,791 | 13,139 | 11,751 | 9,117 | 7,827 | 3,028 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 253.16 | 395.19 | 501.91 | 683.11 | 198.52 | 296.18 |
Net Cash (Debt) | 7,734 | 4,246 | 4,105 | 3,904 | 3,962 | 521.35 |
Net Cash Growth | 107.35% | 3.44% | 5.15% | -1.47% | 659.91% | 80.52% |
Net Cash Per Share | 15.67 | 8.59 | 8.31 | 7.91 | 8.94 | 1.41 |
Filing Date Shares Outstanding | 511.41 | 493.78 | 492.74 | 493.99 | 493.99 | 368.33 |
Total Common Shares Outstanding | 511.41 | 493.78 | 492.74 | 493.99 | 493.99 | 368.33 |
Working Capital | 9,905 | 5,260 | 4,646 | 5,050 | 4,646 | 826.95 |
Book Value Per Share | 23.82 | 15.10 | 13.14 | 11.17 | 9.70 | 2.19 |
Tangible Book Value | 11,168 | 6,446 | 5,443 | 5,450 | 4,714 | 724.2 |
Tangible Book Value Per Share | 21.84 | 13.06 | 11.05 | 11.03 | 9.54 | 1.97 |
Buildings | - | 775.21 | 387.91 | 265.74 | 264.49 | 0.52 |
Machinery | - | 1,091 | 789.16 | 563.98 | 359.54 | 471.55 |
Construction In Progress | - | 0.15 | 372.67 | 200.11 | - | - |