Qingdao Huicheng Environmental Technology Group Co., Ltd. (SHE:300779)

SHE:300779 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	441.53	283.86	425.63	135.59	224.45	149.34
Trading Asset Securities	47.84	25.48	5.72	1.81	30	-
Cash & Short-Term Investments	489.36	309.34	431.36	137.4	254.45	149.34
Cash Growth	-10.79%	-28.29%	213.94%	-46.00%	70.38%	-45.23%
Accounts Receivable	429.73	308.77	237.09	212.45	101.97	88.63
Other Receivables	37.77	26.88	19.34	21.26	20.63	12.65
Receivables	467.51	335.65	256.43	233.71	122.6	101.27
Inventory	500.61	376.19	193.57	106.84	85.09	61.01
Prepaid Expenses	0.27	0.36	0.22	-	-	-
Other Current Assets	179.36	151.14	59.17	89.39	34.83	12.92
Total Current Assets	1,637	1,173	940.75	567.34	496.96	324.54
Property, Plant & Equipment	3,774	3,208	1,991	1,753	823.17	442.73
Long-Term Investments	28	27.07	24.45	28.43	29.58	15
Goodwill	1.75	1.75	1.75	1.75	1.75	1.75
Other Intangible Assets	323.62	330.11	172.63	110.69	112.3	110.44
Long-Term Accounts Receivable	2.4	2.4	3.3	4.8	17	23
Long-Term Deferred Tax Assets	24.68	21.72	13.88	6.68	3.92	3.72
Long-Term Deferred Charges	21.68	8.46	3.89	0.1	-	-
Other Long-Term Assets	125.01	166.38	134.06	86.9	126.44	41.31
Total Assets	5,938	4,939	3,286	2,560	1,611	962.49
Accounts Payable	356.39	295.39	158.02	170.98	144.82	107.2
Accrued Expenses	16.59	28.57	17.51	12.18	9.99	7.5
Short-Term Debt	218.46	272.79	133.63	158.18	55.06	-
Current Portion of Long-Term Debt	415.33	263.32	114.67	75.87	2.7	-
Current Portion of Leases	0.36	2.24	68.76	37.86	22.05	33.97
Current Income Taxes Payable	4.98	0.46	0.34	2.07	0.26	0.81
Current Unearned Revenue	10.12	12.55	1.93	11.34	0.13	0.06
Other Current Liabilities	816.95	696.5	276.92	327.89	104.19	78.33
Total Current Liabilities	1,839	1,572	771.79	796.38	339.21	227.86
Long-Term Debt	2,345	1,622	1,037	917.76	501.99	-
Long-Term Leases	59.34	36.37	76.26	51.48	9.96	34.58
Long-Term Unearned Revenue	146.04	145.78	31.6	29.68	32.75	34.08
Long-Term Deferred Tax Liabilities	0.49	0.49	0	-	-	-
Other Long-Term Liabilities	1	1	-	-	-	-
Total Liabilities	4,391	3,377	1,917	1,795	883.91	296.52
Common Stock	196.05	196.04	137.66	102.42	100	100
Additional Paid-In Capital	844.87	837.19	848.95	442.03	400.08	399.95
Retained Earnings	330.06	325.51	303.69	165.18	167.71	165.95
Treasury Stock	-60.12	-45.53	-	-	-	-
Comprehensive Income & Other	23.33	23.28	29.18	52.53	59.42	0.06
Total Common Equity	1,334	1,336	1,319	762.16	727.2	665.96
Minority Interest	213.04	225.25	49.56	2.04	-	-
Shareholders' Equity	1,547	1,562	1,369	764.21	727.2	665.96
Total Liabilities & Equity	5,938	4,939	3,286	2,560	1,611	962.49
Total Debt	3,038	2,196	1,430	1,241	591.77	68.55
Net Cash (Debt)	-2,549	-1,887	-998.91	-1,104	-337.32	80.8
Net Cash Growth	-	-	-	-	-	-56.88%
Net Cash Per Share	-21.28	-14.18	-5.63	-6.38	-2.26	0.58
Filing Date Shares Outstanding	194.84	194.84	193.89	143.39	140	140
Total Common Shares Outstanding	194.84	194.99	192.73	143.39	140	140
Working Capital	-202.06	-399.14	168.96	-229.04	157.75	96.68
Book Value Per Share	6.85	6.85	6.85	5.32	5.19	4.76
Tangible Book Value	1,009	1,005	1,145	649.73	613.16	553.78
Tangible Book Value Per Share	5.18	5.15	5.94	4.53	4.38	3.96
Buildings	997.55	1,002	667.62	320.45	229.81	210.77
Machinery	1,512	1,549	1,485	378.62	275.66	267.17
Construction In Progress	1,822	1,146	167.12	1,259	505.05	120.69

Updated Oct 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.