Hi-Trend Technology (Shanghai) Co., Ltd. (SHA:688391)

SHA:688391 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	593.01	630.7	156.81	641.22	110.58	79.31
Short-Term Investments	-	247.12	107.33	32.27	-	-
Trading Asset Securities	435.15	430	829	626	53	15
Cash & Short-Term Investments	1,028	1,308	1,093	1,299	163.58	94.31
Cash Growth	-8.27%	19.64%	-15.88%	694.40%	73.45%	0.64%
Accounts Receivable	125.72	131.91	117.9	92.58	46.16	64.59
Other Receivables	0.05	0.13	0.3	2.11	9.76	9.77
Receivables	125.76	132.04	118.2	94.7	55.93	74.36
Inventory	178.38	158.55	161.6	168.8	63.26	86.7
Other Current Assets	407.38	6.31	12.78	38.81	9.39	10.68
Total Current Assets	1,740	1,605	1,386	1,602	292.15	266.05
Property, Plant & Equipment	201.05	203.08	110.73	116.2	96.12	48.27
Long-Term Investments	5.04	153.9	521.67	335.84	-	-
Other Intangible Assets	9.05	9.89	13.37	18.99	3.77	3.6
Long-Term Deferred Tax Assets	31.1	28.69	17.82	3.83	1.12	4.65
Long-Term Deferred Charges	1	1.02	0.68	0.98	1.59	0.23
Other Long-Term Assets	16.84	15.37	111.75	110.25	25.75	0.62
Total Assets	2,004	2,017	2,162	2,188	420.5	323.41
Accounts Payable	75.03	50.69	27.29	71.7	37.37	43.03
Accrued Expenses	16.88	65.32	70.67	91.94	52.57	19.23
Current Portion of Leases	-	0.77	0.11	0.8	1.11	-
Current Income Taxes Payable	1.68	0.39	-	-	-	-
Current Unearned Revenue	15.1	10	4.67	5.94	10.9	10.3
Other Current Liabilities	10.37	14.14	11.99	8.79	7.44	2.33
Total Current Liabilities	119.06	141.31	114.73	179.17	109.39	74.89
Long-Term Leases	0.04	0.09	-	0.11	1	-
Long-Term Unearned Revenue	5.72	7.23	4.73	4.26	4.37	1.01
Other Long-Term Liabilities	-	-	1.97	6.19	-	-
Total Liabilities	124.83	148.63	121.43	189.72	114.76	75.9
Common Stock	114.59	114.59	83.52	57.6	43.2	43.2
Additional Paid-In Capital	1,327	1,325	1,548	1,574	96.05	96.05
Retained Earnings	445.55	436.61	408.69	366.53	166.48	108.25
Comprehensive Income & Other	-8.57	-8.57	-	-	-	-
Shareholders' Equity	1,879	1,868	2,040	1,998	305.73	247.51
Total Liabilities & Equity	2,004	2,017	2,162	2,188	420.5	323.41
Total Debt	0.04	0.85	0.11	0.91	2.11	-
Net Cash (Debt)	1,028	1,307	1,093	1,299	161.47	94.31
Net Cash Growth	-8.27%	19.57%	-15.83%	704.21%	71.22%	0.64%
Net Cash Per Share	8.90	11.12	9.03	13.20	1.78	1.04
Filing Date Shares Outstanding	111.72	111.67	121.1	121.1	90.83	90.68
Total Common Shares Outstanding	111.72	111.67	121.1	121.1	90.83	90.68
Working Capital	1,621	1,463	1,271	1,423	182.76	191.17
Book Value Per Share	16.82	16.73	16.85	16.50	3.37	2.73
Tangible Book Value	1,870	1,858	2,027	1,979	301.97	243.91
Tangible Book Value Per Share	16.74	16.64	16.74	16.34	3.32	2.69
Buildings	-	226.46	126.88	126.88	108.25	-
Machinery	-	26.98	24.59	22.13	15.32	-
Order Backlog	-	-	-	-	-	9.06

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