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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	95.01	132	167.41	247.82	52.61	116.7
Trading Asset Securities	-	-	-	50	-	-
Cash & Short-Term Investments	95.01	132	167.41	297.82	52.61	116.7
Cash Growth	-15.82%	-21.15%	-43.79%	466.15%	-54.92%	-31.67%
Accounts Receivable	435.69	450.19	417.32	402.33	506.44	564.67
Other Receivables	5.75	5.26	16.73	23.06	17.45	36.15
Receivables	441.44	455.46	434.05	425.39	523.9	602.83
Inventory	52.95	48.5	47.69	32.09	46.38	54.98
Prepaid Expenses	-	-	-	-	1.84	-
Other Current Assets	9.75	9.4	9.21	0.93	1.25	0.92
Total Current Assets	599.15	645.36	658.37	756.23	625.97	775.43
Property, Plant & Equipment	125.71	139.51	137.08	24.21	24.48	25.21
Long-Term Investments	74.8	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	94.92	104.41	116.95	2.02	1.98	1.8
Long-Term Deferred Tax Assets	0.06	0.09	14.12	12.39	11.81	10.02
Long-Term Deferred Charges	2.58	4.53	2.26	1.93	0.06	0.15
Other Long-Term Assets	-	-	0.36	110.7	114.01	118.41
Total Assets	897.49	970.22	1,007	937.47	807.37	959.81
Accounts Payable	74.45	96.34	76.07	76.65	107.25	126.1
Accrued Expenses	23.25	59.03	55.82	53.7	58.88	60.04
Short-Term Debt	137.61	179.38	158.13	102.48	212.81	344.54
Current Portion of Leases	10.58	10.48	5.17	-	-	-
Current Income Taxes Payable	25.7	0.02	0.04	0.01	0.6	0.52
Current Unearned Revenue	19.75	13.02	10.56	9.64	15.24	16.52
Other Current Liabilities	65.13	22.92	23.16	21.44	102.89	85.97
Total Current Liabilities	356.47	381.18	328.96	263.91	497.68	633.7
Long-Term Leases	1.4	6.64	7.01	-	-	-
Long-Term Deferred Tax Liabilities	0.01	0.01	-	-	-	-
Other Long-Term Liabilities	-	-	-	-	9.59	1.74
Total Liabilities	357.87	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	311.78	311.79	322.3	302.78	32.01	32.01
Retained Earnings	-270.92	-231.02	-152.48	-126.99	-88.78	-64.1
Comprehensive Income & Other	-10.4	-9.14	-8.1	-6.25	-73.1	-73.23
Total Common Equity	539.25	580.42	670.52	673.18	298.65	323.2
Minority Interest	0.36	1.96	0.01	0.37	1.45	1.16
Shareholders' Equity	539.61	582.38	670.53	673.56	300.1	324.37
Total Liabilities & Equity	897.49	970.22	1,007	937.47	807.37	959.81
Total Debt	149.58	196.5	170.31	102.48	212.81	344.54
Net Cash (Debt)	-54.57	-64.5	-2.9	195.35	-160.2	-227.85
Net Cash Per Share	-0.11	-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	242.68	264.18	329.41	492.32	128.28	141.72
Book Value Per Share	1.06	1.14	1.32	1.34	0.70	0.75
Tangible Book Value	444.08	475.76	553.31	670.12	296.42	321.15
Tangible Book Value Per Share	0.87	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.