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

SHE:002364 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	484.28	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	484.28	1,046	695.27	467.7	331.77	465.12
Cash Growth	54.35%	50.44%	48.66%	40.97%	-28.67%	-38.64%
Accounts Receivable	1,038	1,066	983.3	1,034	1,144	1,069
Other Receivables	35.4	43.06	43.39	20.02	32.54	4.5
Receivables	1,073	1,110	1,027	1,054	1,176	1,076
Inventory	836.28	696.43	605.14	661.1	669.4	659.38
Prepaid Expenses	-	0.41	0.09	0.35	0.62	-
Other Current Assets	566	65.42	54.89	99.17	78.07	125.76
Total Current Assets	2,960	2,918	2,382	2,283	2,256	2,327
Property, Plant & Equipment	362	382.22	427.23	336.34	339.68	274.55
Long-Term Investments	256.29	296.75	273.03	298.25	311.66	465.86
Goodwill	19.98	19.98	29.71	31.95	42.45	48.72
Other Intangible Assets	58.68	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	92.41	87.78	107.65	98.8	86.64	85.59
Long-Term Deferred Charges	11.96	14.45	17.87	21.85	24.52	25.12
Other Long-Term Assets	140.36	2.55	1.59	136.04	134.1	153.21
Total Assets	3,901	3,785	3,302	3,274	3,263	3,449
Accounts Payable	1,107	1,005	593.13	596.67	540.93	622.82
Accrued Expenses	13.98	97.8	68.71	66.96	70.42	72.66
Short-Term Debt	117.91	4.18	130.11	160.07	160.06	413.09
Current Portion of Leases	1.06	1.72	2.23	2.79	2.83	-
Current Income Taxes Payable	7.16	0.71	0.18	1.22	6.66	20.06
Current Unearned Revenue	161.92	162.53	91.26	71.75	62.85	24.56
Other Current Liabilities	33.75	43.29	74.31	106.24	44.04	58.44
Total Current Liabilities	1,442	1,315	959.92	1,006	887.79	1,212
Long-Term Debt	-	-	-	-	19.52	-
Long-Term Leases	4.35	4.08	1.7	3.51	3.95	-
Long-Term Unearned Revenue	6.31	7.34	9.25	3.23	3.8	4.68
Long-Term Deferred Tax Liabilities	-	-	-	8.37	7.72	-
Other Long-Term Liabilities	0.69	0.95	0.72	0.47	0.26	0.34
Total Liabilities	1,454	1,328	971.59	1,021	923.05	1,217
Common Stock	563.56	563.56	563.56	563.56	563.56	563.56
Additional Paid-In Capital	985.15	985.15	972.43	963.57	1,036	1,029
Retained Earnings	853.12	838.32	756.87	720.9	833.08	798.83
Treasury Stock	-26.36	-0.37	-30.16	-60.31	-142.79	-167.78
Comprehensive Income & Other	43.62	43.71	43.67	43.7	43.73	0.01
Total Common Equity	2,419	2,430	2,306	2,231	2,334	2,224
Minority Interest	28.51	27.55	24.05	20.95	5.65	8.77
Shareholders' Equity	2,448	2,458	2,330	2,252	2,340	2,233
Total Liabilities & Equity	3,901	3,785	3,302	3,274	3,263	3,449
Total Debt	123.31	9.98	134.04	166.36	186.36	413.09
Net Cash (Debt)	360.97	1,036	561.24	301.34	145.4	52.03
Net Cash Growth	16.45%	84.60%	86.25%	107.24%	179.47%	-92.21%
Net Cash Per Share	0.67	1.89	1.00	0.54	0.26	0.10
Filing Date Shares Outstanding	487.7	563.3	732.18	734.84	555.38	550.45
Total Common Shares Outstanding	487.7	563.3	732.18	734.84	555.38	550.45
Working Capital	1,517	1,603	1,422	1,277	1,368	1,115
Book Value Per Share	4.96	4.31	3.15	3.04	4.20	4.04
Tangible Book Value	2,340	2,352	2,214	2,133	2,224	2,106
Tangible Book Value Per Share	4.80	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.