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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	220.39	283.86	425.63	135.59	224.45	149.34
Trading Asset Securities	89.25	25.48	5.72	1.81	30	-
Cash & Short-Term Investments	309.64	309.34	431.36	137.4	254.45	149.34
Cash Growth	-3.48%	-28.29%	213.94%	-46.00%	70.38%	-45.23%
Accounts Receivable	509.31	308.77	237.09	212.45	101.97	88.63
Other Receivables	43.14	26.88	19.34	21.26	20.63	12.65
Receivables	552.45	335.65	256.43	233.71	122.6	101.27
Inventory	541.14	376.19	193.57	106.84	85.09	61.01
Prepaid Expenses	-	0.36	0.22	-	-	-
Other Current Assets	184.06	151.14	59.17	89.39	34.83	12.92
Total Current Assets	1,587	1,173	940.75	567.34	496.96	324.54
Property, Plant & Equipment	3,854	3,208	1,991	1,753	823.17	442.73
Long-Term Investments	28.49	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	330.6	330.11	172.63	110.69	112.3	110.44
Long-Term Accounts Receivable	-	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	13.94	8.46	3.89	0.1	-	-
Other Long-Term Assets	174.38	166.38	134.06	86.9	126.44	41.31
Total Assets	6,015	4,939	3,286	2,560	1,611	962.49
Accounts Payable	331.59	295.39	158.02	170.98	144.82	107.2
Accrued Expenses	14.45	28.57	17.51	12.18	9.99	7.5
Short-Term Debt	256.69	272.79	133.63	158.18	55.06	-
Current Portion of Long-Term Debt	487.17	263.32	114.67	75.87	2.7	-
Current Portion of Leases	-	2.24	68.76	37.86	22.05	33.97
Current Income Taxes Payable	9.4	0.46	0.34	2.07	0.26	0.81
Current Unearned Revenue	4.23	12.55	1.93	11.34	0.13	0.06
Other Current Liabilities	696.84	696.5	276.92	327.89	104.19	78.33
Total Current Liabilities	1,800	1,572	771.79	796.38	339.21	227.86
Long-Term Debt	2,395	1,622	1,037	917.76	501.99	-
Long-Term Leases	116.79	36.37	76.26	51.48	9.96	34.58
Long-Term Unearned Revenue	144.56	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	-	-	-	-
Total Liabilities	4,458	3,377	1,917	1,795	883.91	296.52
Common Stock	197.13	196.04	137.66	102.42	100	100
Additional Paid-In Capital	849.76	837.19	848.95	442.03	400.08	399.95
Retained Earnings	333.1	325.51	303.69	165.18	167.71	165.95
Treasury Stock	-60.12	-45.53	-	-	-	-
Comprehensive Income & Other	23.39	23.28	29.18	52.53	59.42	0.06
Total Common Equity	1,343	1,336	1,319	762.16	727.2	665.96
Minority Interest	214.31	225.25	49.56	2.04	-	-
Shareholders' Equity	1,558	1,562	1,369	764.21	727.2	665.96
Total Liabilities & Equity	6,015	4,939	3,286	2,560	1,611	962.49
Total Debt	3,256	2,196	1,430	1,241	591.77	68.55
Net Cash (Debt)	-2,946	-1,887	-998.91	-1,104	-337.32	80.8
Net Cash Growth	-	-	-	-	-	-56.88%
Net Cash Per Share	-23.95	-14.18	-5.63	-6.38	-2.26	0.58
Filing Date Shares Outstanding	216.21	194.84	193.89	143.39	140	140
Total Common Shares Outstanding	216.21	194.99	192.73	143.39	140	140
Working Capital	-213.07	-399.14	168.96	-229.04	157.75	96.68
Book Value Per Share	6.21	6.85	6.85	5.32	5.19	4.76
Tangible Book Value	1,011	1,005	1,145	649.73	613.16	553.78
Tangible Book Value Per Share	4.68	5.15	5.94	4.53	4.38	3.96
Buildings	-	1,002	667.62	320.45	229.81	210.77
Machinery	-	1,549	1,485	378.62	275.66	267.17
Construction In Progress	-	1,146	167.12	1,259	505.05	120.69

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