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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	940.23	1,060	2,181	1,006	447.04	503.19
Trading Asset Securities	-	-	-	100	-	-
Cash & Short-Term Investments	940.23	1,060	2,181	1,106	447.04	503.19
Cash Growth	-19.04%	-51.39%	97.20%	147.35%	-11.16%	17.09%
Accounts Receivable	1,693	1,665	1,614	809.09	870.98	790.41
Other Receivables	92.58	55.88	77.24	98.72	49.61	29.36
Receivables	1,786	1,721	1,691	907.8	920.59	824.43
Inventory	785.56	864.35	709.1	640.4	501.89	368.29
Prepaid Expenses	-	-	2.78	2.47	11.64	-
Other Current Assets	364.25	438.74	197.7	87.09	56.1	70.02
Total Current Assets	3,876	4,084	4,782	2,744	1,937	1,766
Property, Plant & Equipment	4,215	4,226	3,325	1,802	1,322	669.89
Long-Term Investments	92.03	98.54	94.38	55.19	53.06	31.83
Other Intangible Assets	158.77	156.7	158.49	162.19	162.31	138.07
Long-Term Accounts Receivable	-	-	-	-	1.41	-
Long-Term Deferred Tax Assets	117	121.34	88.18	62.59	42.14	25.8
Long-Term Deferred Charges	98.2	85.94	22.82	28.04	31.89	18.86
Other Long-Term Assets	4.77	22.6	82.81	57.28	31.28	70.91
Total Assets	8,561	8,795	8,554	4,911	3,581	2,721
Accounts Payable	2,946	3,415	3,240	1,619	1,508	1,124
Accrued Expenses	102.71	231.28	214.21	184.92	154.2	192.34
Short-Term Debt	169	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	24	7.3	0.21	6.59	9.95	26.93
Current Unearned Revenue	29.47	21.17	8.3	28.66	37.83	39.32
Other Current Liabilities	353.88	159.97	122.39	62.06	31.68	179.46
Total Current Liabilities	3,625	4,184	4,006	2,119	1,852	1,681
Long-Term Debt	1,323	2,052	1,836	444.31	441.25	34.65
Long-Term Leases	47.44	42.8	48.02	1.29	20.19	21.27
Long-Term Unearned Revenue	105.26	62.94	63.84	44.49	42.88	33.07
Long-Term Deferred Tax Liabilities	7.43	8.78	12.42	17.47	19.51	12.13
Other Long-Term Liabilities	-	17.95	26.15	33.35	52.67	41.52
Total Liabilities	5,108	6,368	5,992	2,660	2,428	1,824
Common Stock	99.94	80.61	82.29	80	60	60
Additional Paid-In Capital	2,392	1,407	1,461	1,373	449.81	450.11
Retained Earnings	1,037	897.98	843.75	818.01	658.89	405
Treasury Stock	-52.93	-196.2	-64.63	-	-	-
Comprehensive Income & Other	-23.51	237.56	239.11	-20.33	-15.62	-17.57
Total Common Equity	3,453	2,427	2,562	2,251	1,153	897.54
Shareholders' Equity	3,453	2,427	2,562	2,251	1,153	897.54
Total Liabilities & Equity	8,561	8,795	8,554	4,911	3,581	2,721
Total Debt	1,540	2,444	2,305	664.01	571.5	175.42
Net Cash (Debt)	-599.34	-1,384	-124.24	441.77	-124.46	327.77
Net Cash Growth	-	-	-	-	-	23.79%
Net Cash Per Share	-7.80	-17.59	-1.53	6.64	-2.07	6.39
Filing Date Shares Outstanding	98.84	76.34	80.86	80	60	60
Total Common Shares Outstanding	98.84	76.34	80.86	80	60	60
Working Capital	250.93	-100.08	775.62	624.23	85.38	84.82
Book Value Per Share	34.94	31.78	31.68	28.14	19.22	14.96
Tangible Book Value	3,294	2,270	2,403	2,089	990.77	759.48
Tangible Book Value Per Share	33.33	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.