Hiconics Eco-energy Technology Co., Ltd. (SHE:300048)

SHE:300048 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	1,166	1,251	668.16	523.57	294.1	225.14
Cash & Short-Term Investments	1,736	1,251	668.16	523.57	294.1	225.14
Cash Growth	45.78%	87.19%	27.62%	78.03%	30.63%	49.41%
Accounts Receivable	1,582	1,260	1,010	919.79	666.96	757.89
Other Receivables	16.24	21.82	8.06	18.51	169.81	87.52
Receivables	1,598	1,282	1,018	938.3	836.77	845.41
Inventory	639.19	994.96	418.42	273.57	282.97	369.97
Prepaid Expenses	-	6.99	2.42	-	-	1.36
Other Current Assets	78.96	62.66	49.7	86.16	63.18	52.15
Total Current Assets	4,052	3,598	2,157	1,822	1,477	1,494
Property, Plant & Equipment	628.64	826.58	799.76	740.04	760.63	851.62
Long-Term Investments	32.85	32.85	35.18	38.55	42.54	50.37
Goodwill	25.79	25.79	31.61	31.61	31.61	31.61
Other Intangible Assets	176.52	93.8	113.01	124.47	144.17	104.4
Long-Term Deferred Tax Assets	28.36	25.03	18.32	14.5	21.77	20.44
Long-Term Deferred Charges	10.87	13.82	4.42	2.58	0.58	31.2
Other Long-Term Assets	15.56	18.28	7.2	4.69	6.45	16.27
Total Assets	4,971	4,634	3,166	2,778	2,485	2,600
Accounts Payable	2,374	2,315	1,056	580.59	349.45	385.53
Accrued Expenses	89.96	112.06	88.58	71.96	63.67	72.08
Short-Term Debt	-	-	-	-	-	71.19
Current Portion of Long-Term Debt	-	-	-	10.76	29.81	45.15
Current Portion of Leases	12.19	10.71	0.94	6.8	-	17.86
Current Income Taxes Payable	28.05	15.9	9.22	5.44	1.71	6.15
Current Unearned Revenue	184.31	125.69	113.16	89.75	94.61	144.76
Other Current Liabilities	293.03	251.76	122.37	64.35	54.19	76.98
Total Current Liabilities	2,981	2,831	1,390	829.65	593.44	819.7
Long-Term Debt	-	-	-	-	14.72	65.3
Long-Term Leases	68.38	35.67	43.32	40.92	44.84	-
Long-Term Unearned Revenue	3.42	0.05	2.31	2.55	3.81	67.4
Long-Term Deferred Tax Liabilities	0.12	0.04	-	0.03	0.16	3.41
Other Long-Term Liabilities	6.72	5.02	7.27	-	-	-
Total Liabilities	3,060	2,872	1,443	873.14	656.98	955.8
Common Stock	1,128	1,117	1,114	1,108	1,102	1,108
Additional Paid-In Capital	968.47	921.55	904.85	878.97	850.11	846.83
Retained Earnings	-255.85	-329.39	-339.69	-119.56	-145.52	-195.78
Treasury Stock	-	-	-	-	-	-12.94
Comprehensive Income & Other	-5.65	-5.65	-3.32	0.05	-5.16	-7.32
Total Common Equity	1,835	1,703	1,676	1,868	1,802	1,739
Minority Interest	76.13	58.27	47.12	37.12	26.16	-94.64
Shareholders' Equity	1,911	1,761	1,723	1,905	1,828	1,644
Total Liabilities & Equity	4,971	4,634	3,166	2,778	2,485	2,600
Total Debt	80.57	46.38	44.26	58.47	89.38	199.49
Net Cash (Debt)	1,656	1,204	623.9	465.1	204.72	25.65
Net Cash Growth	44.75%	93.04%	34.14%	127.18%	698.28%	-
Net Cash Per Share	1.60	1.17	0.57	0.36	0.20	0.02
Filing Date Shares Outstanding	1,128	1,117	1,114	1,108	1,102	1,108
Total Common Shares Outstanding	1,128	1,117	1,114	1,108	1,102	1,108
Working Capital	1,071	766.13	766.11	991.94	883.58	674.34
Book Value Per Share	1.63	1.53	1.50	1.69	1.63	1.57
Tangible Book Value	1,632	1,584	1,531	1,712	1,626	1,603
Tangible Book Value Per Share	1.45	1.42	1.37	1.54	1.48	1.45
Buildings	-	325.03	426.85	421.37	354.84	369.71
Machinery	-	615.01	528.56	496.98	497.26	695.42
Construction In Progress	-	121.56	58.27	6.2	57.36	66.28

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.