Guizhou Zhenhua E-chem Inc. (SHA:688707)

Guizhou Zhenhua E-chem Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,387	1,848	2,232	2,840	1,899	1,471
Trading Asset Securities	400	200	-	-	-	-
Cash & Short-Term Investments	1,787	2,048	2,232	2,840	1,899	1,471
Cash Growth	-20.42%	-8.25%	-21.40%	49.54%	29.11%	394.48%
Accounts Receivable	628.81	647.58	1,219	1,904	4,393	1,738
Other Receivables	6.01	5.84	6.05	5.53	4.06	85.96
Receivables	634.83	653.42	1,225	1,910	4,397	1,824
Inventory	841.5	707.95	985.55	1,538	1,825	1,520
Prepaid Expenses	4.81	-	-	-	-	-
Other Current Assets	125.71	133.41	147.62	173.91	73.58	79.04
Total Current Assets	3,394	3,543	4,590	6,461	8,195	4,894
Property, Plant & Equipment	2,452	2,578	2,782	2,832	2,468	1,818
Long-Term Investments	50.21	50.27	54.98	61.36	56.4	35.12
Other Intangible Assets	223.92	227.7	232.2	210.89	216.05	101.2
Long-Term Deferred Tax Assets	156.24	157.3	135.03	33.07	24.9	27.88
Long-Term Deferred Charges	7.03	8.92	12.36	4.39	0.72	1.84
Other Long-Term Assets	8.78	2.33	3.64	22.85	111.41	74.48
Total Assets	6,292	6,567	7,810	9,626	11,072	6,952

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	660.48	589.64	1,137	3,442	3,780	1,509
Accrued Expenses	18.51	26.19	23.08	32.68	45.76	34.01
Short-Term Debt	560.28	525.37	799.62	799.47	719.63	520.8
Current Portion of Long-Term Debt	120.61	342.52	799.75	261.03	266.89	842.11
Current Income Taxes Payable	-	-	0.06	0.31	42.33	12.15
Current Unearned Revenue	12.67	2.2	3.67	6.11	37.88	30.55
Other Current Liabilities	18.16	4.35	50.95	14.78	816.38	473.3
Total Current Liabilities	1,391	1,490	2,814	4,556	5,709	3,422
Long-Term Debt	1,042	1,042	523.76	1,127	1,236	579.57
Long-Term Unearned Revenue	40.66	41.5	46.49	51.94	27.59	22.27
Long-Term Deferred Tax Liabilities	6.17	6.74	7.85	9.06	10.3	1.26
Total Liabilities	2,479	2,580	3,392	5,744	6,983	4,025

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	508.74	508.74	508.74	442.93	442.93	442.93
Additional Paid-In Capital	3,151	3,151	3,151	2,127	2,127	2,127
Retained Earnings	50.69	325.98	758.37	1,312	1,519	357.05
Comprehensive Income & Other	102.02	0.94	-	-	0.01	0.01
Total Common Equity	3,813	3,987	4,418	3,882	4,089	2,927
Shareholders' Equity	3,813	3,987	4,418	3,882	4,089	2,927
Total Liabilities & Equity	6,292	6,567	7,810	9,626	11,072	6,952

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,722	1,910	2,123	2,187	2,223	1,942
Net Cash (Debt)	64.33	138.28	109.04	652.95	-323.7	-471.49
Net Cash Growth	-	26.81%	-83.30%	-	-	-
Net Cash Per Share	0.13	0.27	0.22	1.46	-0.73	-1.28
Filing Date Shares Outstanding	508.74	508.74	508.74	508.78	442.93	442.93
Total Common Shares Outstanding	508.74	508.74	508.74	442.93	442.93	442.93
Working Capital	2,003	2,052	1,777	1,905	2,486	1,472
Book Value Per Share	7.49	7.84	8.69	8.76	9.23	6.61
Tangible Book Value	3,589	3,759	4,186	3,671	3,873	2,826
Tangible Book Value Per Share	7.05	7.39	8.23	8.29	8.74	6.38
Buildings	1,383	1,383	1,379	1,365	1,384	1,077
Machinery	2,171	2,171	1,812	1,700	1,400	1,056
Construction In Progress	95.45	89.24	401.84	331.39	109.08	50.81

Data Source: S&P Global Market Intelligence Last updated: Aug 21, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 10, 2026

Data Sources Report a data error