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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	82.67	91.33	192.92	416.02	86.27	89.02
Cash & Short-Term Investments	82.67	91.33	192.92	416.02	86.27	89.02
Cash Growth	-33.53%	-52.66%	-53.63%	382.24%	-3.09%	17.64%
Accounts Receivable	741.48	671.29	716.74	619.54	376.69	307.56
Other Receivables	21.81	4.64	9.27	3.17	2.31	1.54
Receivables	763.29	675.93	726.01	622.71	379	309.1
Inventory	375.16	394.65	457.33	477.65	234.23	170.19
Prepaid Expenses	-	0.52	3.59	-	-	-
Other Current Assets	45.55	74.65	70.39	94.44	40.06	24.62
Total Current Assets	1,267	1,237	1,450	1,611	739.56	592.92
Property, Plant & Equipment	585.29	600.98	569.89	393.69	157.21	115.46
Long-Term Investments	30.51	31.92	27.66	28.54	1.5	-
Goodwill	-	-	3.26	3.26	3.26	3.26
Other Intangible Assets	70.18	63.89	70.94	50.57	49.79	49.9
Long-Term Deferred Tax Assets	25.48	25.58	14.62	10.98	10.81	8.75
Long-Term Deferred Charges	6.29	7.2	11.69	13.81	6.49	5.7
Other Long-Term Assets	6.62	3.82	8.14	9.07	3.63	4.28
Total Assets	1,991	1,970	2,156	2,121	972.24	780.28
Accounts Payable	237.73	224.16	318.88	412.59	219.28	150.1
Accrued Expenses	28.5	47.21	45.43	40.05	38.37	32.25
Short-Term Debt	205.35	201.52	161.08	60.53	21.11	7.46
Current Portion of Long-Term Debt	-	60.05	-	-	-	-
Current Portion of Leases	62.38	8.01	7.56	3.98	1.32	-
Current Income Taxes Payable	3.45	0.04	0.03	0.11	3.56	15.88
Current Unearned Revenue	18.93	9.45	4.88	17.02	6.29	5.45
Other Current Liabilities	35.09	23.68	2.9	3.49	2.41	9.26
Total Current Liabilities	591.43	574.13	540.76	537.77	292.34	220.4
Long-Term Debt	49.99	49.99	-	-	-	-
Long-Term Leases	8.61	3.58	7.18	5.27	2.07	-
Long-Term Unearned Revenue	50.08	32.61	21.34	23.07	24	23.07
Long-Term Deferred Tax Liabilities	0.01	0.02	0.03	-	-	-
Other Long-Term Liabilities	-	-	22.55	20.56	20.22	18.3
Total Liabilities	700.13	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	947.12	944.94	952.55	947.02	172.29	166.3
Retained Earnings	256.53	283.47	465.16	438.79	348.41	238.4
Treasury Stock	-62.13	-62.13	-	-	-	-
Comprehensive Income & Other	-0.02	-0.18	-	-	-	-
Total Common Equity	1,293	1,317	1,569	1,537	633.96	517.95
Minority Interest	-1.59	-6.99	-4.16	-2.74	-0.34	0.57
Shareholders' Equity	1,291	1,310	1,565	1,534	633.62	518.51
Total Liabilities & Equity	1,991	1,970	2,156	2,121	972.24	780.28
Total Debt	326.34	323.16	175.82	69.78	24.49	7.46
Net Cash (Debt)	-243.67	-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	-1.65	-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	675.24	662.94	909.46	1,073	447.22	372.53
Book Value Per Share	8.71	8.87	10.39	10.18	5.60	4.57
Tangible Book Value	1,222	1,253	1,495	1,483	580.9	464.79
Tangible Book Value Per Share	8.24	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.