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

SHE:300025 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Cash & Equivalents	57.15	136.22	132	167.41	247.82	52.61
Trading Asset Securities	-	-	-	-	50	-
Cash & Short-Term Investments	57.15	136.22	132	167.41	297.82	52.61
Cash Growth	-37.38%	3.20%	-21.15%	-43.79%	466.15%	-54.92%
Accounts Receivable	377.15	393.95	450.19	417.32	402.33	506.44
Other Receivables	5.47	5.07	5.26	16.73	23.06	17.45
Receivables	382.62	399.02	455.46	434.05	425.39	523.9
Inventory	38.07	32.81	48.5	47.69	32.09	46.38
Prepaid Expenses	-	-	-	-	-	1.84
Other Current Assets	10.89	9.67	9.4	9.21	0.93	1.25
Total Current Assets	488.73	577.73	645.36	658.37	756.23	625.97
Property, Plant & Equipment	115.74	118.92	139.51	137.08	24.21	24.48
Long-Term Investments	72.32	73.04	76.06	77.11	28.95	28.82
Goodwill	0.25	0.25	0.25	0.25	1.05	0.25
Other Intangible Assets	13.5	14.54	104.41	116.95	2.02	1.98
Long-Term Deferred Tax Assets	0.04	0.06	0.09	14.12	12.39	11.81
Long-Term Deferred Charges	0.8	1.04	4.53	2.26	1.93	0.06
Other Long-Term Assets	-	-	-	0.36	110.7	114.01
Total Assets	691.38	785.58	970.22	1,007	937.47	807.37

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Accounts Payable	84.89	100.48	96.34	76.07	76.65	107.25
Accrued Expenses	46.35	53.67	59.03	55.82	53.7	58.88
Short-Term Debt	64.55	112.61	179.38	158.13	102.48	212.81
Current Portion of Leases	-	0.22	10.48	5.17	-	-
Current Income Taxes Payable	-	0.09	0.02	0.04	0.01	0.6
Current Unearned Revenue	14.17	17.07	13.02	10.56	9.64	15.24
Other Current Liabilities	69.56	71.3	22.92	23.16	21.44	102.89
Total Current Liabilities	279.52	355.45	381.18	328.96	263.91	497.68
Long-Term Leases	-	0.04	6.64	7.01	-	-
Long-Term Deferred Tax Liabilities	0	0	0.01	-	-	-
Other Long-Term Liabilities	-	-	-	-	-	9.59
Total Liabilities	279.53	355.49	387.84	335.98	263.91	507.27

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Common Stock	508.79	508.79	508.79	508.79	503.65	428.53
Additional Paid-In Capital	311.79	311.79	311.79	322.3	302.78	32.01
Retained Earnings	-395.97	-377.33	-231.02	-152.48	-126.99	-88.78
Comprehensive Income & Other	-12.89	-12.17	-9.14	-8.1	-6.25	-73.1
Total Common Equity	411.72	431.08	580.42	670.52	673.18	298.65
Minority Interest	0.14	-0.99	1.96	0.01	0.37	1.45
Shareholders' Equity	411.86	430.09	582.38	670.53	673.56	300.1
Total Liabilities & Equity	691.38	785.58	970.22	1,007	937.47	807.37

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Total Debt	64.55	112.87	196.5	170.31	102.48	212.81
Net Cash (Debt)	-7.4	23.35	-64.5	-2.9	195.35	-160.2
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.01	0.05	-0.13	-0.01	0.42	-0.37
Filing Date Shares Outstanding	508.79	508.79	508.79	508.79	503.65	428.53
Total Common Shares Outstanding	508.79	508.79	508.79	508.79	503.65	428.53
Working Capital	209.21	222.28	264.18	329.41	492.32	128.28
Book Value Per Share	0.81	0.85	1.14	1.32	1.34	0.70
Tangible Book Value	397.96	416.28	475.76	553.31	670.12	296.42
Tangible Book Value Per Share	0.78	0.82	0.94	1.09	1.33	0.69
Buildings	156.38	156.38	156.38	156.38	19.91	19.91
Machinery	54.56	54.74	60.6	25.39	25.15	23.87
Construction In Progress	-	-	-	0.25	0.36	-

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 13, 2026

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