Hangzhou Huaxing Chuangye Communication Technology Co., Ltd. (SHE:300025)

SHE:300025 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	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	115.23	132	167.41	247.82	52.61	116.7
Trading Asset Securities	-	-	-	50	-	-
Cash & Short-Term Investments	115.23	132	167.41	297.82	52.61	116.7
Cash Growth	-3.56%	-21.15%	-43.79%	466.15%	-54.92%	-31.67%
Accounts Receivable	435.1	450.19	417.32	402.33	506.44	564.67
Other Receivables	6.37	5.26	16.73	23.06	17.45	36.15
Receivables	441.47	455.46	434.05	425.39	523.9	602.83
Inventory	58.07	48.5	47.69	32.09	46.38	54.98
Prepaid Expenses	-	-	-	-	1.84	-
Other Current Assets	11.23	9.4	9.21	0.93	1.25	0.92
Total Current Assets	626	645.36	658.37	756.23	625.97	775.43
Property, Plant & Equipment	135.47	139.51	137.08	24.21	24.48	25.21
Long-Term Investments	76.06	76.06	77.11	28.95	28.82	28.55
Goodwill	0.25	0.25	0.25	1.05	0.25	0.25
Other Intangible Assets	101.15	104.41	116.95	2.02	1.98	1.8
Long-Term Deferred Tax Assets	0.07	0.09	14.12	12.39	11.81	10.02
Long-Term Deferred Charges	4.04	4.53	2.26	1.93	0.06	0.15
Other Long-Term Assets	-	-	0.36	110.7	114.01	118.41
Total Assets	943.05	970.22	1,007	937.47	807.37	959.81
Accounts Payable	80.44	96.34	76.07	76.65	107.25	126.1
Accrued Expenses	25.66	59.03	55.82	53.7	58.88	60.04
Short-Term Debt	194.7	179.38	158.13	102.48	212.81	344.54
Current Portion of Leases	11.83	10.48	5.17	-	-	-
Current Income Taxes Payable	24.85	0.02	0.04	0.01	0.6	0.52
Current Unearned Revenue	15.99	13.02	10.56	9.64	15.24	16.52
Other Current Liabilities	17.22	22.92	23.16	21.44	102.89	85.97
Total Current Liabilities	370.68	381.18	328.96	263.91	497.68	633.7
Long-Term Leases	4.98	6.64	7.01	-	-	-
Long-Term Deferred Tax Liabilities	0.01	0.01	-	-	-	-
Other Long-Term Liabilities	-	-	-	-	9.59	1.74
Total Liabilities	375.67	387.84	335.98	263.91	507.27	635.44
Common Stock	508.79	508.79	508.79	503.65	428.53	428.53
Additional Paid-In Capital	311.79	311.79	322.3	302.78	32.01	32.01
Retained Earnings	-245.59	-231.02	-152.48	-126.99	-88.78	-64.1
Comprehensive Income & Other	-9.14	-9.14	-8.1	-6.25	-73.1	-73.23
Total Common Equity	565.84	580.42	670.52	673.18	298.65	323.2
Minority Interest	1.54	1.96	0.01	0.37	1.45	1.16
Shareholders' Equity	567.38	582.38	670.53	673.56	300.1	324.37
Total Liabilities & Equity	943.05	970.22	1,007	937.47	807.37	959.81
Total Debt	211.51	196.5	170.31	102.48	212.81	344.54
Net Cash (Debt)	-96.28	-64.5	-2.9	195.35	-160.2	-227.85
Net Cash Per Share	-0.19	-0.13	-0.01	0.42	-0.37	-0.53
Filing Date Shares Outstanding	508.79	508.79	508.79	503.65	428.53	428.53
Total Common Shares Outstanding	508.79	508.79	508.79	503.65	428.53	428.53
Working Capital	255.32	264.18	329.41	492.32	128.28	141.72
Book Value Per Share	1.11	1.14	1.32	1.34	0.70	0.75
Tangible Book Value	464.45	475.76	553.31	670.12	296.42	321.15
Tangible Book Value Per Share	0.91	0.94	1.09	1.33	0.69	0.75
Buildings	-	156.38	156.38	19.91	19.91	19.91
Machinery	-	60.6	25.39	25.15	23.87	23.13
Construction In Progress	-	-	0.25	0.36	-	-

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