Hang Zhou Radical Energy-Saving Technology Co., Ltd. (SHE:300652)

SHE:300652 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	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	258.79	282.63	350.42	340.44	307.86	247.18
Short-Term Investments	-	-	-	-	-	247.86
Trading Asset Securities	362.92	321.63	353.38	331.64	344.29	182.78
Cash & Short-Term Investments	621.71	604.27	703.8	672.08	652.16	677.82
Cash Growth	-13.30%	-14.14%	4.72%	3.06%	-3.79%	-23.86%
Accounts Receivable	178.94	182.24	151.83	132.69	136.39	95.57
Other Receivables	13.82	26.78	14.55	10.48	6.69	4.26
Receivables	192.76	209.02	166.38	143.17	143.08	99.84
Inventory	317.73	273.21	228.86	230.8	251.29	146.15
Other Current Assets	35.33	18.4	8.93	14.78	20.06	13.81
Total Current Assets	1,168	1,105	1,108	1,061	1,067	937.62
Property, Plant & Equipment	503.98	528.45	424.02	293.63	244.14	218.32
Long-Term Investments	91.62	91.62	58.1	35.05	35.07	35
Other Intangible Assets	53.48	53.84	55.01	56.48	57.95	59.5
Long-Term Deferred Tax Assets	9.9	9.73	6.29	3.64	4.32	5.08
Long-Term Deferred Charges	5.84	6.2	4.52	1.07	1.72	1.33
Other Long-Term Assets	35.96	43.16	21.41	66.21	35.77	38.12
Total Assets	1,868	1,838	1,677	1,517	1,446	1,295
Accounts Payable	368	369.15	306.18	218.95	225.27	142.98
Accrued Expenses	12.67	26.04	23.71	22.99	25.73	24.43
Short-Term Debt	10	10.01	-	-	-	0.87
Current Portion of Leases	-	-	0.69	-	-	-
Current Income Taxes Payable	6.29	5.92	4.97	9.57	12.56	7.6
Current Unearned Revenue	20.81	12.98	7.41	11.12	11.08	8.15
Other Current Liabilities	4.67	2.88	6.94	7.09	3.74	2.21
Total Current Liabilities	422.43	426.99	349.89	269.72	278.37	186.25
Long-Term Debt	-	-	-	-	154.06	145.93
Long-Term Leases	-	-	0.18	-	-	-
Long-Term Unearned Revenue	0.43	0.47	0.68	1	1.24	1.49
Long-Term Deferred Tax Liabilities	1.03	0.94	1.39	0.03	0.7	0.03
Other Long-Term Liabilities	2.76	2.78	3.34	3.66	2.61	1.65
Total Liabilities	426.65	431.17	355.47	274.4	436.98	335.34
Common Stock	102.61	102.61	102.61	102.61	94.08	94.08
Additional Paid-In Capital	641.53	641.53	641.53	641.53	469.04	468.98
Retained Earnings	681.51	646.57	577.71	498.37	422.85	373.96
Comprehensive Income & Other	-	-	-	-	22.6	22.61
Total Common Equity	1,426	1,391	1,322	1,243	1,009	959.62
Minority Interest	16	16	-	-	-	-
Shareholders' Equity	1,442	1,407	1,322	1,243	1,009	959.62
Total Liabilities & Equity	1,868	1,838	1,677	1,517	1,446	1,295
Total Debt	10	10.01	0.86	-	154.06	146.81
Net Cash (Debt)	611.71	594.26	702.94	672.08	498.1	531.02
Net Cash Growth	-12.22%	-15.46%	4.59%	34.93%	-6.20%	36.09%
Net Cash Per Share	4.58	4.45	5.26	5.13	3.99	4.61
Filing Date Shares Outstanding	133.39	133.39	133.39	133.39	122.31	122.3
Total Common Shares Outstanding	133.39	133.39	133.39	133.39	122.31	122.3
Working Capital	745.1	677.91	758.08	791.11	788.21	751.37
Book Value Per Share	10.69	10.43	9.91	9.31	8.25	7.85
Tangible Book Value	1,372	1,337	1,267	1,186	950.62	900.12
Tangible Book Value Per Share	10.29	10.02	9.50	8.89	7.77	7.36
Buildings	-	249.38	185.73	125.1	124.76	124.92
Machinery	-	393.25	283.35	261.52	234.52	217.28
Construction In Progress	-	110.21	146.3	75.33	32.88	6.95

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