Hangzhou Kelin Electric Co., Ltd. (SHA:688611)

Hangzhou Kelin Electric 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	138.96	264.79	286.14	345.69	242.53	256.8
Short-Term Investments	-	-	188.65	-	-	-
Trading Asset Securities	-	-	-	2	200	-
Cash & Short-Term Investments	138.96	264.79	474.79	347.69	442.53	256.8
Cash Growth	-47.69%	-44.23%	36.55%	-21.43%	72.32%	35.26%
Accounts Receivable	112.39	184.54	132.29	156.14	145.84	53.03
Other Receivables	5.52	1.46	2.21	3.57	4.62	4.6
Receivables	117.91	186.01	134.49	159.7	150.46	57.63
Inventory	67.51	65.27	64.42	59.11	51.52	46.44
Other Current Assets	59.42	26.53	9.75	3.7	2.7	3.47
Total Current Assets	383.79	542.6	683.45	570.2	647.21	364.34
Property, Plant & Equipment	569.45	504.71	147.03	102.94	67.55	34.75
Long-Term Investments	15	-	-	181.87	175.09	-
Other Intangible Assets	86.26	88.27	90.27	18.48	18.43	18.53
Long-Term Deferred Tax Assets	9.53	9.1	5.15	4.08	4.81	4.84
Long-Term Deferred Charges	4.18	-	-	0.12	1.53	4.69
Other Long-Term Assets	10.08	0.65	13.7	-	-	-
Total Assets	1,078	1,145	939.6	877.7	914.62	427.14
Accounts Payable	109.03	151.07	28.57	19.47	25.18	22.73
Accrued Expenses	9.84	13.95	17.8	22.36	23.62	23.35
Short-Term Debt	20	35	23.98	-	-	-
Current Portion of Leases	0.31	0.93	1.09	0.99	0.73	-
Current Income Taxes Payable	1.5	9.05	1.06	7.05	10.96	12.58
Current Unearned Revenue	32.77	21.27	13.71	4.08	4.27	13.27
Other Current Liabilities	2.18	2.62	4.56	5.62	8.17	4.89
Total Current Liabilities	175.63	233.89	90.79	59.56	72.92	76.82
Long-Term Debt	21	1	-	-	-	-
Long-Term Leases	-	-	0.53	0.94	1.49	-
Long-Term Unearned Revenue	8.96	6.53	2.89	-	-	3
Long-Term Deferred Tax Liabilities	-	-	0.82	0.52	0.76	-
Other Long-Term Liabilities	3.36	3.04	1.22	1.71	2	1.72
Total Liabilities	208.95	244.47	96.26	62.74	77.18	81.54
Common Stock	153.39	109.56	78.26	55.9	55.9	41.93
Additional Paid-In Capital	295.75	340.62	376.99	398.66	394.29	17.06
Retained Earnings	420.2	441.51	388.03	360.39	387.26	286.61
Total Common Equity	869.34	891.7	843.29	814.96	837.44	345.6
Minority Interest	-	9.18	0.06	-	-	-
Shareholders' Equity	869.34	900.87	843.34	814.96	837.44	345.6
Total Liabilities & Equity	1,078	1,145	939.6	877.7	914.62	427.14
Total Debt	41.31	36.93	25.6	1.93	2.22	-
Net Cash (Debt)	97.65	227.86	449.18	345.77	440.31	256.8
Net Cash Growth	-59.71%	-49.27%	29.91%	-21.47%	71.46%	35.26%
Net Cash Per Share	0.64	1.49	2.92	2.26	3.13	2.23
Filing Date Shares Outstanding	153.39	153.39	153.39	153.39	153.39	115.04
Total Common Shares Outstanding	153.39	153.39	153.39	153.39	153.39	115.04
Working Capital	208.16	308.71	592.66	510.64	574.29	287.51
Book Value Per Share	5.67	5.81	5.50	5.31	5.46	3.00
Tangible Book Value	783.08	803.42	753.02	796.47	819.01	327.07
Tangible Book Value Per Share	5.11	5.24	4.91	5.19	5.34	2.84
Buildings	-	31.8	33.39	31.8	31.8	31.8
Machinery	-	39.21	35.98	26.34	23.3	17.2
Construction In Progress	-	465.6	102.87	64.74	27.76	-

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