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

SHA:688320 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	73.81	91.33	192.92	416.02	86.27	89.02
Cash & Short-Term Investments	73.81	91.33	192.92	416.02	86.27	89.02
Cash Growth	-35.79%	-52.66%	-53.63%	382.24%	-3.09%	17.64%
Accounts Receivable	758.15	671.29	716.74	619.54	376.69	307.56
Other Receivables	3.25	4.64	9.27	3.17	2.31	1.54
Receivables	761.39	675.93	726.01	622.71	379	309.1
Inventory	390.39	394.65	457.33	477.65	234.23	170.19
Prepaid Expenses	-	0.52	3.59	-	-	-
Other Current Assets	46.21	74.65	70.39	94.44	40.06	24.62
Total Current Assets	1,272	1,237	1,450	1,611	739.56	592.92
Property, Plant & Equipment	572.03	600.98	569.89	393.69	157.21	115.46
Long-Term Investments	38.39	31.92	27.66	28.54	1.5	-
Goodwill	-	-	3.26	3.26	3.26	3.26
Other Intangible Assets	86.3	63.89	70.94	50.57	49.79	49.9
Long-Term Deferred Tax Assets	33.52	25.58	14.62	10.98	10.81	8.75
Long-Term Deferred Charges	5.55	7.2	11.69	13.81	6.49	5.7
Other Long-Term Assets	14.36	3.82	8.14	9.07	3.63	4.28
Total Assets	2,022	1,970	2,156	2,121	972.24	780.28
Accounts Payable	355.32	224.16	318.88	412.59	219.28	150.1
Accrued Expenses	34.98	47.21	45.43	40.05	38.37	32.25
Short-Term Debt	210.35	201.52	161.08	60.53	21.11	7.46
Current Portion of Long-Term Debt	-	60.05	-	-	-	-
Current Portion of Leases	9.62	8.01	7.56	3.98	1.32	-
Current Income Taxes Payable	4.59	0.04	0.03	0.11	3.56	15.88
Current Unearned Revenue	24.77	9.45	4.88	17.02	6.29	5.45
Other Current Liabilities	33.37	23.68	2.9	3.49	2.41	9.26
Total Current Liabilities	673	574.13	540.76	537.77	292.34	220.4
Long-Term Debt	49.88	49.99	-	-	-	-
Long-Term Leases	1.13	3.58	7.18	5.27	2.07	-
Long-Term Unearned Revenue	42.09	32.61	21.34	23.07	24	23.07
Long-Term Deferred Tax Liabilities	5.39	0.02	0.03	-	-	-
Other Long-Term Liabilities	-	-	22.55	20.56	20.22	18.3
Total Liabilities	771.49	660.34	591.87	586.66	338.63	261.76
Common Stock	151.01	151.01	151.01	151.01	113.25	113.25
Additional Paid-In Capital	969.07	944.94	952.55	947.02	172.29	166.3
Retained Earnings	191.83	283.47	465.16	438.79	348.41	238.4
Treasury Stock	-62.13	-62.13	-	-	-	-
Comprehensive Income & Other	0.28	-0.18	-	-	-	-
Total Common Equity	1,250	1,317	1,569	1,537	633.96	517.95
Minority Interest	0.41	-6.99	-4.16	-2.74	-0.34	0.57
Shareholders' Equity	1,250	1,310	1,565	1,534	633.62	518.51
Total Liabilities & Equity	2,022	1,970	2,156	2,121	972.24	780.28
Total Debt	270.98	323.16	175.82	69.78	24.49	7.46
Net Cash (Debt)	-197.17	-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	-1.38	-1.54	0.11	2.49	0.54	0.73
Filing Date Shares Outstanding	148.41	148.41	151.01	151.01	113.25	113.25
Total Common Shares Outstanding	148.41	148.41	151.01	151.01	113.25	113.25
Working Capital	598.8	662.94	909.46	1,073	447.22	372.53
Book Value Per Share	8.42	8.87	10.39	10.18	5.60	4.57
Tangible Book Value	1,164	1,253	1,495	1,483	580.9	464.79
Tangible Book Value Per Share	7.84	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.