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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	817.96	750.67	470.35	346.62	158.82	280.43
Trading Asset Securities	-	157.04	-	130	137	2.13
Cash & Short-Term Investments	817.96	907.71	470.35	476.62	295.82	282.56
Cash Growth	47.27%	92.99%	-1.32%	61.12%	4.69%	-48.51%
Accounts Receivable	140.18	172.56	100.58	932.17	1,226	1,941
Other Receivables	493.76	344.72	2.03	49.91	42.9	21.89
Receivables	633.94	517.28	102.61	982.07	1,269	1,965
Inventory	849.6	556.58	342.01	615.57	1,283	1,047
Prepaid Expenses	-	1.52	-	-	-	0.94
Other Current Assets	59.12	200.28	1,325	77.73	96.26	505.51
Total Current Assets	2,361	2,183	2,240	2,152	2,944	3,800
Property, Plant & Equipment	122.85	643.02	758.12	546.29	484.54	535.66
Long-Term Investments	25.08	10.84	10.68	10.67	10.73	11.24
Goodwill	76.42	76.42	-	366.09	366.09	1,419
Other Intangible Assets	72.08	51.45	39.7	99.02	106.05	133.06
Long-Term Accounts Receivable	14.83	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	-	31.34	9.14	21.24	5.77	7.93
Other Long-Term Assets	46.53	2.01	2.47	54.58	11.74	8.94
Total Assets	2,718	3,044	3,109	3,377	4,111	6,060
Accounts Payable	252.22	457.92	659.64	287.58	505.6	434.17
Accrued Expenses	17.61	31.47	29.44	36.98	37.06	47.51
Short-Term Debt	70.65	94.53	160.78	247.18	343.38	989.02
Current Portion of Long-Term Debt	-	-	-	32.78	26.67	-
Current Portion of Leases	0.2	10.8	5.12	0.92	1.04	12.7
Current Income Taxes Payable	4.53	4.3	0.26	0.94	-	4.07
Current Unearned Revenue	724.56	789.23	221.57	301.63	543.75	461.45
Other Current Liabilities	54.67	54.33	483.83	67.48	121.65	122.67
Total Current Liabilities	1,124	1,443	1,561	975.49	1,579	2,072
Long-Term Debt	-	-	-	40.66	53.33	-
Long-Term Leases	0.5	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	1.69	3.2	-	4.45	5.2	6.22
Other Long-Term Liabilities	-	-	59.5	58.57	7.86	-
Total Liabilities	1,127	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	-2,476	-2,517	-2,640	-1,829	-1,651	-240.39
Comprehensive Income & Other	15.19	16.32	38.23	37.41	33.01	29.35
Total Common Equity	1,571	1,531	1,430	2,240	2,414	3,821
Minority Interest	20.97	-32.34	-15.77	-	-	108.42
Shareholders' Equity	1,592	1,498	1,414	2,240	2,414	3,929
Total Liabilities & Equity	2,718	3,044	3,109	3,377	4,111	6,060
Total Debt	71.36	111.11	176.86	333.64	425.67	1,002
Net Cash (Debt)	746.61	796.61	293.49	142.98	-129.84	-719.15
Net Cash Growth	77.16%	171.42%	105.26%	-	-	-
Net Cash Per Share	0.74	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	1,236	740.78	679.26	1,177	1,365	1,729
Book Value Per Share	1.56	1.52	1.42	2.22	2.40	3.79
Tangible Book Value	1,422	1,403	1,390	1,775	1,942	2,269
Tangible Book Value Per Share	1.41	1.39	1.38	1.76	1.93	2.25
Buildings	-	152.94	152.91	401.27	400.97	429.29
Machinery	-	281.18	387.61	383.82	268.26	260.86
Construction In Progress	-	352.83	370.5	-	2.64	0.06

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