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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	1,441	1,060	2,181	1,006	447.04	503.19
Trading Asset Securities	-	-	-	100	-	-
Cash & Short-Term Investments	1,441	1,060	2,181	1,106	447.04	503.19
Cash Growth	-7.10%	-51.39%	97.20%	147.35%	-11.16%	17.09%
Accounts Receivable	1,509	1,665	1,614	809.09	870.98	790.41
Other Receivables	62.56	55.88	77.24	98.72	49.61	29.36
Receivables	1,572	1,721	1,691	907.8	920.59	824.43
Inventory	749.03	864.35	709.1	640.4	501.89	368.29
Prepaid Expenses	-	-	2.78	2.47	11.64	-
Other Current Assets	400.72	438.74	197.7	87.09	56.1	70.02
Total Current Assets	4,162	4,084	4,782	2,744	1,937	1,766
Property, Plant & Equipment	4,206	4,226	3,325	1,802	1,322	669.89
Long-Term Investments	93.34	98.54	94.38	55.19	53.06	31.83
Other Intangible Assets	158.94	156.7	158.49	162.19	162.31	138.07
Long-Term Accounts Receivable	-	-	-	-	1.41	-
Long-Term Deferred Tax Assets	120.14	121.34	88.18	62.59	42.14	25.8
Long-Term Deferred Charges	87.7	85.94	22.82	28.04	31.89	18.86
Other Long-Term Assets	17.24	22.6	82.81	57.28	31.28	70.91
Total Assets	8,846	8,795	8,554	4,911	3,581	2,721
Accounts Payable	2,962	3,415	3,240	1,619	1,508	1,124
Accrued Expenses	115.65	231.28	214.21	184.92	154.2	192.34
Short-Term Debt	385	326	387.97	89	57.38	119.5
Current Portion of Long-Term Debt	-	8.4	19.59	108.98	-	-
Current Portion of Leases	-	14.89	13.53	20.43	52.69	-
Current Income Taxes Payable	14.3	7.3	0.21	6.59	9.95	26.93
Current Unearned Revenue	42.31	21.17	8.3	28.66	37.83	39.32
Other Current Liabilities	283.44	159.97	122.39	62.06	31.68	179.46
Total Current Liabilities	3,802	4,184	4,006	2,119	1,852	1,681
Long-Term Debt	2,529	2,052	1,836	444.31	441.25	34.65
Long-Term Leases	51.27	42.8	48.02	1.29	20.19	21.27
Long-Term Unearned Revenue	59.98	62.94	63.84	44.49	42.88	33.07
Long-Term Deferred Tax Liabilities	9.26	8.78	12.42	17.47	19.51	12.13
Other Long-Term Liabilities	6.31	17.95	26.15	33.35	52.67	41.52
Total Liabilities	6,458	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	929.79	897.98	843.75	818.01	658.89	405
Treasury Stock	-267.26	-196.2	-64.63	-	-	-
Comprehensive Income & Other	237.67	237.56	239.11	-20.33	-15.62	-17.57
Total Common Equity	2,387	2,427	2,562	2,251	1,153	897.54
Shareholders' Equity	2,387	2,427	2,562	2,251	1,153	897.54
Total Liabilities & Equity	8,846	8,795	8,554	4,911	3,581	2,721
Total Debt	2,965	2,444	2,305	664.01	571.5	175.42
Net Cash (Debt)	-1,525	-1,384	-124.24	441.77	-124.46	327.77
Net Cash Growth	-	-	-	-	-	23.79%
Net Cash Per Share	-19.36	-17.59	-1.53	6.64	-2.07	6.39
Filing Date Shares Outstanding	75.18	76.34	80.86	80	60	60
Total Common Shares Outstanding	75.18	76.34	80.86	80	60	60
Working Capital	359.6	-100.08	775.62	624.23	85.38	84.82
Book Value Per Share	31.76	31.78	31.68	28.14	19.22	14.96
Tangible Book Value	2,228	2,270	2,403	2,089	990.77	759.48
Tangible Book Value Per Share	29.64	29.73	29.72	26.11	16.51	12.66
Buildings	-	1,675	1,297	266.92	261.46	203.13
Machinery	-	2,632	1,991	1,243	1,007	595.42
Construction In Progress	-	675.68	528.97	682.81	220.02	98.08

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