Shenzhen Highpower Technology Co., Ltd. (SHE:001283)

SHE:001283 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	762.22	1,060	2,181	1,006	447.04	503.19
Trading Asset Securities	-	-	-	100	-	-
Cash & Short-Term Investments	762.22	1,060	2,181	1,106	447.04	503.19
Cash Growth	-34.43%	-51.39%	97.20%	147.35%	-11.16%	17.09%
Accounts Receivable	1,740	1,665	1,614	809.09	870.98	790.41
Other Receivables	91.06	55.88	77.24	98.72	49.61	29.36
Receivables	1,861	1,721	1,691	907.8	920.59	824.43
Inventory	796.12	864.35	709.1	640.4	501.89	368.29
Prepaid Expenses	1.44	-	2.78	2.47	11.64	-
Other Current Assets	327.67	438.74	197.7	87.09	56.1	70.02
Total Current Assets	3,748	4,084	4,782	2,744	1,937	1,766
Property, Plant & Equipment	4,249	4,226	3,325	1,802	1,322	669.89
Long-Term Investments	97.66	98.54	94.38	55.19	53.06	31.83
Other Intangible Assets	158.48	156.7	158.49	162.19	162.31	138.07
Long-Term Accounts Receivable	-	-	-	-	1.41	-
Long-Term Deferred Tax Assets	123.04	121.34	88.18	62.59	42.14	25.8
Long-Term Deferred Charges	93.14	85.94	22.82	28.04	31.89	18.86
Other Long-Term Assets	6.96	22.6	82.81	57.28	31.28	70.91
Total Assets	8,477	8,795	8,554	4,911	3,581	2,721
Accounts Payable	2,933	3,415	3,240	1,619	1,508	1,124
Accrued Expenses	230.12	231.28	214.21	184.92	154.2	192.34
Short-Term Debt	369	326	387.97	89	57.38	119.5
Current Portion of Long-Term Debt	67.15	8.4	19.59	108.98	-	-
Current Portion of Leases	11.12	14.89	13.53	20.43	52.69	-
Current Income Taxes Payable	0.24	7.3	0.21	6.59	9.95	26.93
Current Unearned Revenue	41.75	21.17	8.3	28.66	37.83	39.32
Other Current Liabilities	152.31	159.97	122.39	62.06	31.68	179.46
Total Current Liabilities	3,805	4,184	4,006	2,119	1,852	1,681
Long-Term Debt	2,162	2,052	1,836	444.31	441.25	34.65
Long-Term Leases	49.67	42.8	48.02	1.29	20.19	21.27
Long-Term Unearned Revenue	58.25	62.94	63.84	44.49	42.88	33.07
Long-Term Deferred Tax Liabilities	10.75	8.78	12.42	17.47	19.51	12.13
Other Long-Term Liabilities	6.38	17.95	26.15	33.35	52.67	41.52
Total Liabilities	6,092	6,368	5,992	2,660	2,428	1,824
Common Stock	80.61	80.61	82.29	80	60	60
Additional Paid-In Capital	1,407	1,407	1,461	1,373	449.81	450.11
Retained Earnings	958.97	897.98	843.75	818.01	658.89	405
Treasury Stock	-298.54	-196.2	-64.63	-	-	-
Comprehensive Income & Other	236.87	237.56	239.11	-20.33	-15.62	-17.57
Total Common Equity	2,384	2,427	2,562	2,251	1,153	897.54
Shareholders' Equity	2,384	2,427	2,562	2,251	1,153	897.54
Total Liabilities & Equity	8,477	8,795	8,554	4,911	3,581	2,721
Total Debt	2,659	2,444	2,305	664.01	571.5	175.42
Net Cash (Debt)	-1,897	-1,384	-124.24	441.77	-124.46	327.77
Net Cash Growth	-	-	-	-	-	23.79%
Net Cash Per Share	-25.44	-17.59	-1.53	6.64	-2.07	6.39
Filing Date Shares Outstanding	74.41	76.34	80.86	80	60	60
Total Common Shares Outstanding	74.41	76.34	80.86	80	60	60
Working Capital	-56.72	-100.08	775.62	624.23	85.38	84.82
Book Value Per Share	32.05	31.78	31.68	28.14	19.22	14.96
Tangible Book Value	2,226	2,270	2,403	2,089	990.77	759.48
Tangible Book Value Per Share	29.92	29.73	29.72	26.11	16.51	12.66
Buildings	1,796	1,675	1,297	266.92	261.46	203.13
Machinery	2,830	2,632	1,991	1,243	1,007	595.42
Construction In Progress	517.66	675.68	528.97	682.81	220.02	98.08

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