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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	312.74	282.63	350.42	340.44	307.86	247.18
Short-Term Investments	-	-	-	-	-	247.86
Trading Asset Securities	245.19	321.63	353.38	331.64	344.29	182.78
Cash & Short-Term Investments	557.93	604.27	703.8	672.08	652.16	677.82
Cash Growth	-15.82%	-14.14%	4.72%	3.06%	-3.79%	-23.86%
Accounts Receivable	325.78	182.24	151.83	132.69	136.39	95.57
Other Receivables	32.55	26.78	14.55	10.48	6.69	4.26
Receivables	358.33	209.02	166.38	143.17	143.08	99.84
Inventory	320.49	273.21	228.86	230.8	251.29	146.15
Other Current Assets	46.21	18.4	8.93	14.78	20.06	13.81
Total Current Assets	1,283	1,105	1,108	1,061	1,067	937.62
Property, Plant & Equipment	526.1	528.45	424.02	293.63	244.14	218.32
Long-Term Investments	134.76	91.62	58.1	35.05	35.07	35
Other Intangible Assets	59.03	53.84	55.01	56.48	57.95	59.5
Long-Term Deferred Tax Assets	12.77	9.73	6.29	3.64	4.32	5.08
Long-Term Deferred Charges	5.71	6.2	4.52	1.07	1.72	1.33
Other Long-Term Assets	96.31	43.16	21.41	66.21	35.77	38.12
Total Assets	2,161	1,838	1,677	1,517	1,446	1,295
Accounts Payable	341.67	369.15	306.18	218.95	225.27	142.98
Accrued Expenses	23.16	26.04	23.71	22.99	25.73	24.43
Short-Term Debt	110.13	10.01	-	-	-	0.87
Current Portion of Leases	-	-	0.69	-	-	-
Current Income Taxes Payable	15.85	5.92	4.97	9.57	12.56	7.6
Current Unearned Revenue	47.83	12.98	7.41	11.12	11.08	8.15
Other Current Liabilities	18.62	2.88	6.94	7.09	3.74	2.21
Total Current Liabilities	557.24	426.99	349.89	269.72	278.37	186.25
Long-Term Debt	-	-	-	-	154.06	145.93
Long-Term Leases	8.28	-	0.18	-	-	-
Long-Term Unearned Revenue	0.35	0.47	0.68	1	1.24	1.49
Long-Term Deferred Tax Liabilities	1.74	0.94	1.39	0.03	0.7	0.03
Other Long-Term Liabilities	2.68	2.78	3.34	3.66	2.61	1.65
Total Liabilities	570.3	431.17	355.47	274.4	436.98	335.34
Common Stock	133.39	102.61	102.61	102.61	94.08	94.08
Additional Paid-In Capital	610.75	641.53	641.53	641.53	469.04	468.98
Retained Earnings	768.84	646.57	577.71	498.37	422.85	373.96
Comprehensive Income & Other	-	-	-	-	22.6	22.61
Total Common Equity	1,513	1,391	1,322	1,243	1,009	959.62
Minority Interest	77.62	16	-	-	-	-
Shareholders' Equity	1,591	1,407	1,322	1,243	1,009	959.62
Total Liabilities & Equity	2,161	1,838	1,677	1,517	1,446	1,295
Total Debt	118.41	10.01	0.86	-	154.06	146.81
Net Cash (Debt)	439.52	594.26	702.94	672.08	498.1	531.02
Net Cash Growth	-31.61%	-15.46%	4.59%	34.93%	-6.20%	36.09%
Net Cash Per Share	2.80	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	725.71	677.91	758.08	791.11	788.21	751.37
Book Value Per Share	11.34	10.43	9.91	9.31	8.25	7.85
Tangible Book Value	1,411	1,337	1,267	1,186	950.62	900.12
Tangible Book Value Per Share	10.58	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.