Hangzhou Honghua Digital Technology Stock Company LTD. (SHA:688789)

SHA:688789 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	1,195	1,218	1,225	760.15	929.54	422.42
Trading Asset Securities	75.19	188.23	12.69	-	1.25	-
Cash & Short-Term Investments	1,270	1,406	1,238	760.15	930.79	422.42
Cash Growth	2.93%	13.62%	62.82%	-18.33%	120.35%	29.16%
Accounts Receivable	902.83	751.49	515.42	361.5	332.69	243.2
Other Receivables	2.26	2.06	0.53	0.85	0.63	0.76
Receivables	905.09	753.55	515.95	362.35	333.32	243.96
Inventory	662.15	560.51	582.67	290.88	205.32	145.38
Other Current Assets	142.24	74.41	39.6	24.42	45.5	19.94
Total Current Assets	2,980	2,795	2,376	1,438	1,515	831.69
Property, Plant & Equipment	1,189	938.56	696.35	405.74	210.07	131.7
Long-Term Investments	180.25	165.82	67.44	57.96	7.8	5
Goodwill	215.1	209.65	209.97	63.85	16.35	16.35
Other Intangible Assets	189.41	172.76	112.87	57.35	25.75	25.35
Long-Term Deferred Tax Assets	23.84	16.9	14.9	12.41	5.18	3.35
Long-Term Deferred Charges	-	-	-	-	0.18	0.95
Other Long-Term Assets	2.85	10.66	76.43	7.67	46.78	11.9
Total Assets	4,780	4,309	3,554	2,043	1,827	1,026
Accounts Payable	171.71	230.91	155.25	154.37	79.24	117.76
Accrued Expenses	40.65	70.95	60.06	55.03	44.78	26.66
Short-Term Debt	424.99	408.16	71.82	12.01	-	-
Current Portion of Long-Term Debt	-	-	2.13	-	-	-
Current Portion of Leases	3.37	2.65	3.23	0.59	0.56	-
Current Income Taxes Payable	34.13	27.35	32.12	11.04	16.65	13.28
Current Unearned Revenue	105.23	115.16	196.21	53.99	71.16	39.13
Other Current Liabilities	176.44	115.7	59.94	34.94	54.67	43.47
Total Current Liabilities	956.52	970.87	580.77	321.98	267.05	240.3
Long-Term Debt	226.41	81.55	39.9	-	60.58	30.04
Long-Term Leases	0.61	2.39	4.8	-	-	-
Long-Term Unearned Revenue	5.06	4.37	7.33	6.57	6.22	2.53
Long-Term Deferred Tax Liabilities	13.17	2.73	1.5	-	0.19	-
Other Long-Term Liabilities	12.23	12	12.18	0.13	-	-
Total Liabilities	1,214	1,074	646.48	328.68	334.03	272.88
Common Stock	179.45	179.45	120.44	76.12	76	57
Additional Paid-In Capital	1,411	1,383	1,454	550.25	521.15	28.54
Retained Earnings	1,854	1,628	1,309	1,059	884.19	657.59
Treasury Stock	-21.13	-43.51	-41.27	-	-	-
Comprehensive Income & Other	6.73	0.67	3.35	-0.01	-	-
Total Common Equity	3,430	3,147	2,846	1,685	1,481	743.13
Minority Interest	136.06	88.21	61.27	28.93	11.65	10.29
Shareholders' Equity	3,566	3,235	2,907	1,714	1,493	753.42
Total Liabilities & Equity	4,780	4,309	3,554	2,043	1,827	1,026
Total Debt	655.38	494.75	121.87	12.6	61.14	30.04
Net Cash (Debt)	615.08	911.55	1,116	747.55	869.65	392.38
Net Cash Growth	-30.88%	-18.31%	49.27%	-14.04%	121.64%	19.97%
Net Cash Per Share	3.44	5.10	6.31	4.56	6.20	3.18
Filing Date Shares Outstanding	178.2	178.59	178.84	164.45	164.2	164.2
Total Common Shares Outstanding	178.2	178.59	178.84	164.45	164.2	123.15
Working Capital	2,023	1,824	1,795	1,116	1,248	591.39
Book Value Per Share	19.25	17.62	15.91	10.25	9.02	6.03
Tangible Book Value	3,026	2,765	2,523	1,564	1,439	701.43
Tangible Book Value Per Share	16.98	15.48	14.11	9.51	8.77	5.70
Buildings	-	348.46	360.41	307.41	72.72	72.72
Machinery	-	233.86	196.01	141.15	88.5	89.06
Construction In Progress	-	521.82	288.78	47.4	132.2	45.28

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