Hangzhou Zhongheng Electric Co., Ltd (SHE:002364)

SHE:002364 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	701.59	465.31	416.7	261.77	465.12
Short-Term Investments	344.41	179.96	51	70	-
Trading Asset Securities	-	50	-	-	-
Cash & Short-Term Investments	1,046	695.27	467.7	331.77	465.12
Cash Growth	50.44%	48.66%	40.97%	-28.67%	-38.64%
Accounts Receivable	1,066	983.3	1,034	1,144	1,069
Other Receivables	43.06	43.39	20.02	32.54	4.5
Receivables	1,110	1,027	1,054	1,176	1,076
Inventory	696.43	605.14	661.1	669.4	659.38
Prepaid Expenses	0.41	0.09	0.35	0.62	-
Other Current Assets	65.42	54.89	99.17	78.07	125.76
Total Current Assets	2,918	2,382	2,283	2,256	2,327
Property, Plant & Equipment	382.22	427.23	336.34	339.68	274.55
Long-Term Investments	296.75	273.03	298.25	311.66	465.86
Goodwill	19.98	29.71	31.95	42.45	48.72
Other Intangible Assets	58.49	62.85	66.89	67.33	69.72
Long-Term Accounts Receivable	5.44	-	0.73	0.29	-
Long-Term Deferred Tax Assets	87.78	107.65	98.8	86.64	85.59
Long-Term Deferred Charges	14.45	17.87	21.85	24.52	25.12
Other Long-Term Assets	2.55	1.59	136.04	134.1	153.21
Total Assets	3,785	3,302	3,274	3,263	3,449
Accounts Payable	1,005	593.13	596.67	540.93	622.82
Accrued Expenses	97.8	68.71	66.96	70.42	72.66
Short-Term Debt	4.18	130.11	160.07	160.06	413.09
Current Portion of Leases	1.72	2.23	2.79	2.83	-
Current Income Taxes Payable	0.71	0.18	1.22	6.66	20.06
Current Unearned Revenue	162.53	91.26	71.75	62.85	24.56
Other Current Liabilities	43.29	74.31	106.24	44.04	58.44
Total Current Liabilities	1,315	959.92	1,006	887.79	1,212
Long-Term Debt	-	-	-	19.52	-
Long-Term Leases	4.08	1.7	3.51	3.95	-
Long-Term Unearned Revenue	7.34	9.25	3.23	3.8	4.68
Long-Term Deferred Tax Liabilities	-	-	8.37	7.72	-
Other Long-Term Liabilities	0.95	0.72	0.47	0.26	0.34
Total Liabilities	1,328	971.59	1,021	923.05	1,217
Common Stock	563.56	563.56	563.56	563.56	563.56
Additional Paid-In Capital	985.15	972.43	963.57	1,036	1,029
Retained Earnings	838.32	756.87	720.9	833.08	798.83
Treasury Stock	-0.37	-30.16	-60.31	-142.79	-167.78
Comprehensive Income & Other	43.71	43.67	43.7	43.73	0.01
Total Common Equity	2,430	2,306	2,231	2,334	2,224
Minority Interest	27.55	24.05	20.95	5.65	8.77
Shareholders' Equity	2,458	2,330	2,252	2,340	2,233
Total Liabilities & Equity	3,785	3,302	3,274	3,263	3,449
Total Debt	9.98	134.04	166.36	186.36	413.09
Net Cash (Debt)	1,036	561.24	301.34	145.4	52.03
Net Cash Growth	84.60%	86.25%	107.24%	179.47%	-92.21%
Net Cash Per Share	1.89	1.00	0.54	0.26	0.10
Filing Date Shares Outstanding	563.3	732.18	734.84	555.38	550.45
Total Common Shares Outstanding	563.3	732.18	734.84	555.38	550.45
Working Capital	1,603	1,422	1,277	1,368	1,115
Book Value Per Share	4.31	3.15	3.04	4.20	4.04
Tangible Book Value	2,352	2,214	2,133	2,224	2,106
Tangible Book Value Per Share	4.18	3.02	2.90	4.00	3.83
Buildings	464.84	464.84	207.55	221.8	220.32
Machinery	166.46	162.56	161.34	149.33	130.42
Construction In Progress	1.48	0.03	63.27	34.79	4.28

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