Zhejiang Hechuan Technology Co., Ltd. (SHA:688320)

SHA:688320 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	91.33	192.92	416.02	86.27	89.02
Cash & Short-Term Investments	91.33	192.92	416.02	86.27	89.02
Cash Growth	-52.66%	-53.63%	382.24%	-3.09%	17.64%
Accounts Receivable	671.29	716.74	619.54	376.69	307.56
Other Receivables	4.64	9.27	3.17	2.31	1.54
Receivables	675.93	726.01	622.71	379	309.1
Inventory	394.65	457.33	477.65	234.23	170.19
Prepaid Expenses	0.52	3.59	-	-	-
Other Current Assets	74.65	70.39	94.44	40.06	24.62
Total Current Assets	1,237	1,450	1,611	739.56	592.92
Property, Plant & Equipment	600.98	569.89	393.69	157.21	115.46
Long-Term Investments	31.92	27.66	28.54	1.5	-
Goodwill	-	3.26	3.26	3.26	3.26
Other Intangible Assets	63.89	70.94	50.57	49.79	49.9
Long-Term Deferred Tax Assets	25.58	14.62	10.98	10.81	8.75
Long-Term Deferred Charges	7.2	11.69	13.81	6.49	5.7
Other Long-Term Assets	3.82	8.14	9.07	3.63	4.28
Total Assets	1,970	2,156	2,121	972.24	780.28
Accounts Payable	224.16	318.88	412.59	219.28	150.1
Accrued Expenses	47.21	45.43	40.05	38.37	32.25
Short-Term Debt	201.52	161.08	60.53	21.11	7.46
Current Portion of Long-Term Debt	60.05	-	-	-	-
Current Portion of Leases	8.01	7.56	3.98	1.32	-
Current Income Taxes Payable	0.04	0.03	0.11	3.56	15.88
Current Unearned Revenue	9.45	4.88	17.02	6.29	5.45
Other Current Liabilities	23.68	2.9	3.49	2.41	9.26
Total Current Liabilities	574.13	540.76	537.77	292.34	220.4
Long-Term Debt	49.99	-	-	-	-
Long-Term Leases	3.58	7.18	5.27	2.07	-
Long-Term Unearned Revenue	32.61	21.34	23.07	24	23.07
Long-Term Deferred Tax Liabilities	0.02	0.03	-	-	-
Other Long-Term Liabilities	-	22.55	20.56	20.22	18.3
Total Liabilities	660.34	591.87	586.66	338.63	261.76
Common Stock	151.01	151.01	151.01	113.25	113.25
Additional Paid-In Capital	944.94	952.55	947.02	172.29	166.3
Retained Earnings	283.47	465.16	438.79	348.41	238.4
Treasury Stock	-62.13	-	-	-	-
Comprehensive Income & Other	-0.18	-	-	-	-
Total Common Equity	1,317	1,569	1,537	633.96	517.95
Minority Interest	-6.99	-4.16	-2.74	-0.34	0.57
Shareholders' Equity	1,310	1,565	1,534	633.62	518.51
Total Liabilities & Equity	1,970	2,156	2,121	972.24	780.28
Total Debt	323.16	175.82	69.78	24.49	7.46
Net Cash (Debt)	-231.83	17.1	346.24	61.78	81.56
Net Cash Growth	-	-95.06%	460.48%	-24.25%	18.03%
Net Cash Per Share	-1.54	0.11	2.49	0.54	0.73
Filing Date Shares Outstanding	148.41	151.01	151.01	113.25	113.25
Total Common Shares Outstanding	148.41	151.01	151.01	113.25	113.25
Working Capital	662.94	909.46	1,073	447.22	372.53
Book Value Per Share	8.87	10.39	10.18	5.60	4.57
Tangible Book Value	1,253	1,495	1,483	580.9	464.79
Tangible Book Value Per Share	8.44	9.90	9.82	5.13	4.10
Buildings	403.17	284.89	111.96	64.55	56.18
Machinery	320.03	275.16	206.79	131.46	95.91
Construction In Progress	5.52	109.73	147.08	18.39	6.36

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