Hangzhou Huaguang Advanced Welding Materials Co.,Ltd. (SHA:688379)

SHA:688379 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	154.73	194.85	201.19	130.52	102.65	112.69
Trading Asset Securities	-	-	0.01	40.35	64.35	112.17
Cash & Short-Term Investments	154.73	194.85	201.2	170.86	167	224.86
Cash Growth	79.16%	-3.15%	17.75%	2.31%	-25.73%	109.43%
Accounts Receivable	915.01	774.31	671.37	611.08	638.89	470.25
Other Receivables	5.89	4.31	5.74	5.21	-	-
Receivables	920.9	795.03	678.77	616.3	638.89	470.25
Inventory	815.12	740.68	530.73	412.46	363.9	256.66
Prepaid Expenses	1.43	1.15	1.16	3.64	4.22	-
Other Current Assets	122.52	96.55	58.62	76.26	72.59	40.06
Total Current Assets	2,015	1,828	1,470	1,280	1,247	991.83
Property, Plant & Equipment	492.67	448.46	388.56	332.25	231.41	154.59
Long-Term Investments	11.34	11.42	4.62	-	-	-
Other Intangible Assets	63.95	68.35	50.26	44.97	44.45	45.52
Long-Term Deferred Tax Assets	4.69	10.45	13.38	12.68	4.86	3.91
Long-Term Deferred Charges	0.91	-	-	-	0.01	0.02
Other Long-Term Assets	12.9	6.12	21.81	18.19	6.72	14.53
Total Assets	2,601	2,373	1,949	1,688	1,534	1,210
Accounts Payable	476.49	254.67	147.49	104.15	79.23	30.31
Accrued Expenses	12.28	18.95	16.03	12.24	17.62	9.35
Short-Term Debt	544.97	620.85	379.93	385.46	338.78	200.53
Current Portion of Long-Term Debt	195.59	190.07	42.66	38.5	0.06	-
Current Income Taxes Payable	2.05	0.01	0.01	0.02	-	5.36
Current Unearned Revenue	4.01	4.23	3.31	1.13	1.56	2.05
Other Current Liabilities	31.2	188.33	179.31	121.17	113.16	54.82
Total Current Liabilities	1,267	1,277	768.73	662.67	550.42	302.42
Long-Term Debt	216.16	83.58	228.83	112.87	49	-
Long-Term Unearned Revenue	18.2	16.23	15.18	15.53	17.4	16.95
Total Liabilities	1,501	1,377	1,013	791.07	616.82	319.37
Common Stock	90.09	90.09	89.44	88.75	88	88
Additional Paid-In Capital	441.71	437.36	437.3	424.68	406.2	405.22
Retained Earnings	626.5	527.5	459.68	418.08	423.04	397.81
Treasury Stock	-58.04	-58.61	-50.05	-34.95	-	-
Comprehensive Income & Other	-0.04	-0.18	-0.01	-0.02	-	-
Shareholders' Equity	1,100	996.16	936.36	896.54	917.23	891.02
Total Liabilities & Equity	2,601	2,373	1,949	1,688	1,534	1,210
Total Debt	956.72	894.49	651.42	536.83	387.84	200.53
Net Cash (Debt)	-801.99	-699.64	-450.23	-365.97	-220.84	24.34
Net Cash Per Share	-9.28	-8.16	-5.19	-4.20	-2.49	0.33
Filing Date Shares Outstanding	87.8	87.4	85.34	86.6	88	88
Total Common Shares Outstanding	87.4	87.4	85.34	86.6	88	88
Working Capital	748.12	551.16	701.74	616.85	696.18	689.41
Book Value Per Share	12.59	11.40	10.97	10.35	10.42	10.13
Tangible Book Value	1,036	927.81	886.1	851.57	872.78	845.51
Tangible Book Value Per Share	11.86	10.62	10.38	9.83	9.92	9.61
Buildings	279.11	317.56	315.62	152.34	151.49	149.1
Machinery	206.7	208.97	177.65	146.1	108.05	84.54
Construction In Progress	160.12	93.32	35.66	150.24	69.6	3.93

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