Hezong Science&Technology Co., Ltd. (SHE:300477)

Hezong Science&Technology 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	114.99	191.01	1,505	1,709	665.56	358.64
Trading Asset Securities	-	-	60.21	-	55.12	-
Cash & Short-Term Investments	114.99	191.01	1,565	1,709	720.68	358.64
Cash Growth	-55.98%	-87.80%	-8.39%	137.12%	100.94%	96.00%
Accounts Receivable	728.93	1,034	1,710	1,617	1,384	1,017
Other Receivables	161.4	245.22	416	88.54	21.05	18.48
Receivables	890.32	1,280	2,126	1,705	1,405	1,036
Inventory	445.7	457.12	786.21	586.13	639.89	566.57
Prepaid Expenses	-	1.7	4.49	0.54	-	-
Other Current Assets	228.51	43.35	107.66	81.77	66.86	65.9
Total Current Assets	1,680	1,973	4,589	4,083	2,832	2,027
Property, Plant & Equipment	2,269	2,479	3,608	2,067	1,148	966.8
Long-Term Investments	44.4	44.79	47.03	425.97	487.44	549.72
Goodwill	116.06	116.06	180.3	220.48	220.48	220.48
Other Intangible Assets	498.34	537.85	652.23	288.07	247.79	248.5
Long-Term Accounts Receivable	-	45.2	48.52	32.12	-	-
Long-Term Deferred Tax Assets	190.34	180.43	431.6	90.38	85.03	84.94
Long-Term Deferred Charges	33.84	38.89	34.07	28.37	32.06	38.39
Other Long-Term Assets	36.47	1.94	97.21	36.89	50.89	16.51
Total Assets	4,868	5,417	9,688	7,271	5,104	4,152
Accounts Payable	1,411	1,439	2,452	1,471	1,587	1,572
Accrued Expenses	136.88	194.25	116.76	98.96	101.17	67.14
Short-Term Debt	1,331	1,404	1,770	1,427	732.43	826.08
Current Portion of Long-Term Debt	171.21	485.2	309.09	100.85	30	35.15
Current Portion of Leases	-	31.4	59.17	10.21	43.08	18.9
Current Income Taxes Payable	42.68	0.33	2.57	0.06	-	-
Current Unearned Revenue	163.46	65.66	52.69	35.48	35.33	64.84
Other Current Liabilities	307.4	470.12	443.9	376.17	38.74	98.58
Total Current Liabilities	3,564	4,090	5,205	3,520	2,567	2,682
Long-Term Debt	620.58	344.45	1,771	685.55	89.9	119.9
Long-Term Leases	9.15	9.25	25.2	13.61	41.44	36.87
Long-Term Unearned Revenue	227.88	231.27	277.08	55.82	66.33	65.7
Long-Term Deferred Tax Liabilities	57.52	63.38	88.47	6.23	3.92	4.48
Other Long-Term Liabilities	11.17	11.17	11.28	-	-	-
Total Liabilities	4,490	4,749	7,378	4,282	2,769	2,909
Common Stock	1,072	1,072	1,072	1,072	1,077	832.98
Additional Paid-In Capital	1,428	1,428	1,500	1,382	1,368	667.22
Retained Earnings	-1,494	-1,359	-727.45	-84.1	-91.29	-197.53
Treasury Stock	-20	-20	-5	-	-17.04	-59.72
Comprehensive Income & Other	-0.26	-0.26	-1.16	-1.1	-1.38	1.15
Total Common Equity	986.15	1,121	1,839	2,369	2,335	1,244
Minority Interest	-608.42	-453.27	471.33	620.92	-0.7	-0.93
Shareholders' Equity	377.73	668.08	2,310	2,990	2,335	1,243
Total Liabilities & Equity	4,868	5,417	9,688	7,271	5,104	4,152
Total Debt	2,132	2,274	3,934	2,238	936.86	1,037
Net Cash (Debt)	-2,017	-2,083	-2,368	-528.77	-216.18	-678.26
Net Cash Per Share	-1.92	-1.95	-2.21	-0.74	-0.22	-0.83
Filing Date Shares Outstanding	1,065	1,065	1,071	1,072	1,077	832.98
Total Common Shares Outstanding	1,065	1,065	1,071	1,072	1,077	832.98
Working Capital	-1,884	-2,117	-616.06	562.08	264.93	-655.2
Book Value Per Share	0.93	1.05	1.72	2.21	2.17	1.49
Tangible Book Value	371.75	467.44	1,006	1,860	1,867	775.13
Tangible Book Value Per Share	0.35	0.44	0.94	1.74	1.73	0.93
Buildings	-	1,524	2,070	992.1	871.37	656.4
Machinery	-	1,797	2,220	757.38	463.65	413.49
Construction In Progress	-	113.25	167.02	660.57	8.41	111.93

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