China Railway High-speed Electrification Equipment Corporation Limited (SHA:688285)

SHA:688285 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	445.1	606.76	605.31	759.77	887.02	307.04
Cash & Short-Term Investments	445.1	606.76	605.31	759.77	887.02	307.04
Cash Growth	-13.90%	0.24%	-20.33%	-14.35%	188.89%	39.43%
Accounts Receivable	1,351	1,374	1,490	1,389	989.45	698.18
Other Receivables	8.65	1.25	0.7	14.82	17.5	13.43
Receivables	1,360	1,375	1,491	1,404	1,007	711.61
Inventory	389.83	339.31	328.59	325.99	506.3	552.69
Other Current Assets	26.85	25.68	30.85	9.71	18.91	18.6
Total Current Assets	2,222	2,347	2,455	2,499	2,419	1,590
Property, Plant & Equipment	476.85	485.4	345.2	304.42	281.69	228.03
Other Intangible Assets	74.86	75.65	78.56	78.45	80.84	78.63
Long-Term Deferred Tax Assets	36.46	34.42	18.59	4.56	3.37	3.37
Long-Term Deferred Charges	5.14	3.31	5.3	6.54	3.52	1.97
Other Long-Term Assets	139.2	129.89	312.78	282.05	262.25	235.35
Total Assets	2,954	3,075	3,216	3,175	3,051	2,137
Accounts Payable	931.77	1,036	1,206	1,161	1,030	938.01
Accrued Expenses	-	7.65	12.36	40.24	16.24	21.17
Short-Term Debt	209.64	209.64	210.14	144.62	50	100
Current Portion of Long-Term Debt	0.84	-	-	65.57	160	10.5
Current Portion of Leases	-	-	1.5	2.21	0.51	-
Current Income Taxes Payable	8.91	5.45	5.1	9.1	3.96	8.01
Current Unearned Revenue	7.73	13.91	0.84	5.23	39.52	6.16
Other Current Liabilities	111.42	123.58	132.29	125.01	163.18	107.22
Total Current Liabilities	1,270	1,397	1,568	1,553	1,464	1,191
Long-Term Debt	-	-	-	-	68	208.5
Long-Term Leases	-	-	1.98	2.71	5.68	-
Long-Term Unearned Revenue	13.27	13.74	14.14	13.61	14.82	15.2
Other Long-Term Liabilities	2.72	-	-	1.91	1.91	2.41
Total Liabilities	1,286	1,413	1,587	1,574	1,558	1,421
Common Stock	376.29	376.29	376.29	376.29	376.29	282.19
Additional Paid-In Capital	621.78	621.78	621.78	621.78	621.78	80.49
Retained Earnings	654.92	650.03	615.43	588.81	482.48	341.29
Comprehensive Income & Other	-1.95	-1.95	-1.66	-1.4	-1.33	-0.25
Total Common Equity	1,651	1,646	1,612	1,585	1,479	703.72
Minority Interest	16.99	16.15	17.16	15.17	13.75	12.99
Shareholders' Equity	1,668	1,662	1,629	1,601	1,493	716.71
Total Liabilities & Equity	2,954	3,075	3,216	3,175	3,051	2,137
Total Debt	210.48	209.64	213.62	215.11	284.19	319
Net Cash (Debt)	234.62	397.12	391.69	544.66	602.83	-11.96
Net Cash Growth	-22.54%	1.39%	-28.09%	-9.65%	-	-
Net Cash Per Share	0.65	1.05	1.04	1.45	2.02	-0.04
Filing Date Shares Outstanding	376.29	376.29	376.29	376.29	376.29	282.19
Total Common Shares Outstanding	376.29	376.29	376.29	376.29	376.29	282.19
Working Capital	951.51	950.09	887.61	946	955.28	398.88
Book Value Per Share	4.39	4.37	4.28	4.21	3.93	2.49
Tangible Book Value	1,576	1,570	1,533	1,507	1,398	625.09
Tangible Book Value Per Share	4.19	4.17	4.07	4.00	3.72	2.22
Buildings	-	399.2	248.25	248.25	92.19	92.22
Machinery	-	296.7	253.47	189.32	167.08	149
Construction In Progress	-	0.44	25.49	28.12	166.7	128.81

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.