Wuxi Huadong Heavy Machinery Co., Ltd. (SHE:002685)

SHE:002685 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	364.43	750.67	470.35	346.62	158.82	280.43
Trading Asset Securities	292.66	157.04	-	130	137	2.13
Cash & Short-Term Investments	657.09	907.71	470.35	476.62	295.82	282.56
Cash Growth	8.62%	92.99%	-1.32%	61.12%	4.69%	-48.51%
Accounts Receivable	94.11	172.56	100.58	932.17	1,226	1,941
Other Receivables	202.16	344.72	2.03	49.91	42.9	21.89
Receivables	706.96	517.28	102.61	982.07	1,269	1,965
Inventory	675.52	556.58	342.01	615.57	1,283	1,047
Prepaid Expenses	-	1.52	-	-	-	0.94
Other Current Assets	169.18	200.28	1,325	77.73	96.26	505.51
Total Current Assets	2,209	2,183	2,240	2,152	2,944	3,800
Property, Plant & Equipment	120.75	643.02	758.12	546.29	484.54	535.66
Long-Term Investments	12.31	10.84	10.68	10.67	10.73	11.24
Goodwill	76.42	76.42	-	366.09	366.09	1,419
Other Intangible Assets	74.86	51.45	39.7	99.02	106.05	133.06
Long-Term Accounts Receivable	31.22	45.74	15.27	8.28	79.1	3.16
Long-Term Deferred Tax Assets	0.03	0.04	33.94	119.14	102.41	85.87
Long-Term Deferred Charges	37.54	31.34	9.14	21.24	5.77	7.93
Other Long-Term Assets	1.71	2.01	2.47	54.58	11.74	8.94
Total Assets	2,564	3,044	3,109	3,377	4,111	6,060
Accounts Payable	146.06	457.92	659.64	287.58	505.6	434.17
Accrued Expenses	14.62	31.47	29.44	36.98	37.06	47.51
Short-Term Debt	94.73	94.53	160.78	247.18	343.38	989.02
Current Portion of Long-Term Debt	-	-	-	32.78	26.67	-
Current Portion of Leases	0.27	10.8	5.12	0.92	1.04	12.7
Current Income Taxes Payable	3.59	4.3	0.26	0.94	-	4.07
Current Unearned Revenue	692.8	789.23	221.57	301.63	543.75	461.45
Other Current Liabilities	26.61	54.33	483.83	67.48	121.65	122.67
Total Current Liabilities	978.69	1,443	1,561	975.49	1,579	2,072
Long-Term Debt	-	-	-	40.66	53.33	-
Long-Term Leases	0.47	5.78	10.96	12.1	1.25	-
Long-Term Unearned Revenue	-	94.22	64.22	46.17	49.86	53.54
Long-Term Deferred Tax Liabilities	2.19	3.2	-	4.45	5.2	6.22
Other Long-Term Liabilities	-	-	59.5	58.57	7.86	-
Total Liabilities	981.34	1,546	1,695	1,137	1,697	2,131
Common Stock	1,008	1,008	1,008	1,008	1,008	1,008
Additional Paid-In Capital	3,024	3,024	3,024	3,024	3,024	3,024
Retained Earnings	-2,490	-2,517	-2,640	-1,829	-1,651	-240.39
Comprehensive Income & Other	16.1	16.32	38.23	37.41	33.01	29.35
Total Common Equity	1,558	1,531	1,430	2,240	2,414	3,821
Minority Interest	24.34	-32.34	-15.77	-	-	108.42
Shareholders' Equity	1,582	1,498	1,414	2,240	2,414	3,929
Total Liabilities & Equity	2,564	3,044	3,109	3,377	4,111	6,060
Total Debt	95.48	111.11	176.86	333.64	425.67	1,002
Net Cash (Debt)	561.61	796.61	293.49	142.98	-129.84	-719.15
Net Cash Growth	18.89%	171.42%	105.26%	-	-	-
Net Cash Per Share	0.56	0.79	0.29	0.14	-0.13	-0.71
Filing Date Shares Outstanding	1,008	1,008	1,008	1,008	1,008	1,008
Total Common Shares Outstanding	1,008	1,008	1,008	1,008	1,008	1,008
Working Capital	1,230	740.78	679.26	1,177	1,365	1,729
Book Value Per Share	1.55	1.52	1.42	2.22	2.40	3.79
Tangible Book Value	1,407	1,403	1,390	1,775	1,942	2,269
Tangible Book Value Per Share	1.40	1.39	1.38	1.76	1.93	2.25
Buildings	152.94	152.94	152.91	401.27	400.97	429.29
Machinery	108.32	281.18	387.61	383.82	268.26	260.86
Construction In Progress	5.16	352.83	370.5	-	2.64	0.06

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