Zhejiang Haiyan Power System Resources Environmental Technology Co., Ltd. (SHA:688565)

SHA:688565 Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	128.69	170.53	125.45	97.17	101.79	133.87
Short-Term Investments	-	0.26	0.24	0.31	2.4	3.18
Cash & Short-Term Investments	148.73	170.79	125.69	97.48	104.19	137.04
Cash Growth	28.83%	35.88%	28.94%	-6.44%	-23.98%	123.35%
Accounts Receivable	180.16	166.21	195.14	229.56	340.26	381.43
Other Receivables	3.55	-	-	-	-	-
Receivables	183.71	166.21	195.14	229.56	340.26	381.43
Inventory	279.14	260.06	237.62	271.67	140.59	66.74
Prepaid Expenses	48.37	-	-	-	-	-
Other Current Assets	11.09	48.41	55.38	72.88	91.97	48.38
Total Current Assets	671.04	645.46	613.83	671.59	677	633.6
Property, Plant & Equipment	73.74	76.69	124.08	141.13	149.47	76.79
Other Intangible Assets	53.29	55.88	68.21	84.3	103.12	128.89
Long-Term Accounts Receivable	32.93	40.38	54.57	55.88	-	-
Long-Term Deferred Tax Assets	36.11	36.22	42.73	40.6	21.83	10.33
Long-Term Deferred Charges	2.65	2.89	3.17	4.14	4.29	1.25
Other Long-Term Assets	36.57	36.92	4.08	4.22	4.85	27.21
Total Assets	906.33	894.44	910.67	1,002	960.57	878.08
Accounts Payable	65.02	62.19	74.52	122.25	142.03	151.8
Accrued Expenses	2.41	5.02	2.43	2.21	4.23	2.1
Short-Term Debt	59.55	68.56	113.72	126.63	96.9	34.45
Current Portion of Long-Term Debt	-	-	-	-	-	5.01
Current Portion of Leases	0.01	0.01	0.01	0.01	0.01	0.01
Current Income Taxes Payable	0.91	-	0.23	-	-	-
Current Unearned Revenue	257.4	234.65	198.76	204.47	80.29	47.35
Other Current Liabilities	16.42	18.51	27.79	49.34	52.37	4.55
Total Current Liabilities	401.74	388.95	417.46	504.92	375.82	245.26
Long-Term Leases	0.01	0.01	0.03	0.04	0.05	0.06
Long-Term Deferred Tax Liabilities	0.45	0.5	0.74	0.99	1.23	-
Other Long-Term Liabilities	6.88	8.27	4.67	4.21	2.52	2.33
Total Liabilities	409.07	397.73	422.9	510.15	379.62	247.66
Common Stock	149.73	149.73	151.94	154.25	157.86	106.95
Additional Paid-In Capital	274.96	274.96	285.8	304.19	323.28	316.7
Retained Earnings	72.57	72.01	63.07	60.53	148.37	206.78
Treasury Stock	-	-	-13.04	-27.27	-48.56	-
Shareholders' Equity	497.26	496.7	487.77	491.71	580.95	630.42
Total Liabilities & Equity	906.33	894.44	910.67	1,002	960.57	878.08
Total Debt	59.58	68.58	113.76	126.69	96.96	39.53
Net Cash (Debt)	89.15	102.2	11.93	-29.21	7.23	97.52
Net Cash Growth	433.87%	756.86%	-	-	-92.59%	-
Net Cash Per Share	0.60	0.69	0.09	-0.19	0.05	0.72
Filing Date Shares Outstanding	149.73	149.73	151.94	154.25	157.86	157.87
Total Common Shares Outstanding	149.73	149.73	151.94	154.25	157.86	149.73
Working Capital	269.31	256.5	196.37	166.67	301.18	388.34
Book Value Per Share	3.32	3.32	3.21	3.19	3.68	4.21
Tangible Book Value	443.97	440.82	419.56	407.42	477.83	501.53
Tangible Book Value Per Share	2.97	2.94	2.76	2.64	3.03	3.35
Buildings	-	50.38	89.31	90.33	90.33	76.66
Machinery	-	69.48	71.83	70.43	41.47	4.93
Construction In Progress	-	-	0.89	4.07	29.31	0.93

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