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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	381.42	750.67	470.35	346.62	158.82	280.43
Trading Asset Securities	389.96	157.04	-	130	137	2.13
Cash & Short-Term Investments	771.38	907.71	470.35	476.62	295.82	282.56
Cash Growth	118.52%	92.99%	-1.32%	61.12%	4.69%	-48.51%
Accounts Receivable	158.78	154.04	100.58	932.17	1,226	1,941
Other Receivables	347.37	363.24	2.03	49.91	42.9	21.89
Receivables	506.15	517.28	102.61	982.07	1,269	1,965
Inventory	583	556.58	342.01	615.57	1,283	1,047
Prepaid Expenses	-	1.52	-	-	-	0.94
Other Current Assets	313.85	200.28	1,325	77.73	96.26	505.51
Total Current Assets	2,174	2,183	2,240	2,152	2,944	3,800
Property, Plant & Equipment	640.89	643.02	758.12	546.29	484.54	535.66
Long-Term Investments	10.74	10.84	10.68	10.67	10.73	11.24
Goodwill	76.42	76.42	-	366.09	366.09	1,419
Other Intangible Assets	76.7	51.45	39.7	99.02	106.05	133.06
Long-Term Accounts Receivable	-	17.54	15.27	8.28	79.1	3.16
Long-Term Deferred Tax Assets	0.04	0.04	33.94	119.14	102.41	85.87
Long-Term Deferred Charges	0.81	31.34	9.14	21.24	5.77	7.93
Other Long-Term Assets	77.69	30.21	2.47	54.58	11.74	8.94
Total Assets	3,058	3,044	3,109	3,377	4,111	6,060
Accounts Payable	443.14	457.92	659.64	287.58	505.6	434.17
Accrued Expenses	14.32	31.47	29.44	36.98	37.06	47.51
Short-Term Debt	131.5	94.53	160.78	247.18	343.38	989.02
Current Portion of Long-Term Debt	-	-	-	32.78	26.67	-
Current Portion of Leases	11.96	10.8	5.12	0.92	1.04	12.7
Current Income Taxes Payable	6.62	4.3	0.26	0.94	-	4.07
Current Unearned Revenue	791.24	789.23	221.57	301.63	543.75	461.45
Other Current Liabilities	29.06	54.33	483.83	67.48	121.65	122.67
Total Current Liabilities	1,428	1,443	1,561	975.49	1,579	2,072
Long-Term Debt	-	-	-	40.66	53.33	-
Long-Term Leases	4.55	5.78	10.96	12.1	1.25	-
Long-Term Unearned Revenue	94.22	94.22	64.22	46.17	49.86	53.54
Long-Term Deferred Tax Liabilities	2.7	3.2	-	4.45	5.2	6.22
Other Long-Term Liabilities	-	-	59.5	58.57	7.86	-
Total Liabilities	1,529	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	-2,483	-2,517	-2,640	-1,829	-1,651	-240.39
Comprehensive Income & Other	16.18	16.32	38.23	37.41	33.01	29.35
Total Common Equity	1,565	1,531	1,430	2,240	2,414	3,821
Minority Interest	-36.67	-32.34	-15.77	-	-	108.42
Shareholders' Equity	1,528	1,498	1,414	2,240	2,414	3,929
Total Liabilities & Equity	3,058	3,044	3,109	3,377	4,111	6,060
Total Debt	148.01	111.11	176.86	333.64	425.67	1,002
Net Cash (Debt)	623.37	796.61	293.49	142.98	-129.84	-719.15
Net Cash Growth	230.51%	171.42%	105.26%	-	-	-
Net Cash Per Share	0.62	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	746.54	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	1,412	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	152.91	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.