Shenzhen Xinhao Photoelectricity Technology Co., Ltd (SHE:301051)

SHE:301051 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	438.21	428.25	702.74	1,159	735.36	149.92
Short-Term Investments	242.7	374.21	780	510	260	-
Trading Asset Securities	246.03	475	-	10	612.79	-
Cash & Short-Term Investments	926.94	1,277	1,483	1,679	1,608	149.92
Cash Growth	-31.69%	-13.84%	-11.69%	4.41%	972.66%	8.57%
Accounts Receivable	601.73	706.49	686.72	585.61	626.33	615.73
Other Receivables	153.15	122.71	95.83	45.85	55.39	23.99
Receivables	754.88	829.2	782.55	631.46	681.71	639.73
Inventory	265.86	237.01	312.39	217.17	290.69	194.9
Other Current Assets	41.89	42.61	14.7	12.19	48.5	10.08
Total Current Assets	1,990	2,386	2,592	2,540	2,629	994.63
Property, Plant & Equipment	2,307	2,229	1,858	1,699	1,401	370.06
Long-Term Investments	-	7.75	-	-	-	-
Goodwill	73.36	74.16	70.73	72.65	74.57	-
Other Intangible Assets	36.82	37.71	101.7	104.45	36.8	11.74
Long-Term Deferred Tax Assets	244.03	188.1	106.72	101.38	40.24	14.22
Long-Term Deferred Charges	19.84	79.18	103.83	34.38	48.81	43.96
Other Long-Term Assets	192.22	201.3	129.2	166.71	275.82	116.61
Total Assets	4,863	5,204	4,962	4,719	4,506	1,551
Accounts Payable	535.28	529.35	411.73	311.63	581.26	331.2
Accrued Expenses	47.51	48.33	46.54	40.98	48.74	40.33
Short-Term Debt	1,326	1,342	1,101	929.24	225.52	244.9
Current Portion of Long-Term Debt	112.06	104.57	90.35	77.5	62.5	-
Current Portion of Leases	47.82	36.88	19.21	19.18	30.72	-
Current Income Taxes Payable	0.15	0.15	0.14	0.42	0.39	3.96
Current Unearned Revenue	7.26	5.21	2.79	23.85	4.38	6.15
Other Current Liabilities	108.43	171.27	153.73	133.6	118.35	64.8
Total Current Liabilities	2,184	2,238	1,825	1,536	1,072	691.34
Long-Term Debt	180.85	262.04	163.4	353.5	155	50
Long-Term Leases	89.67	65.05	26.17	42.79	82.63	-
Long-Term Unearned Revenue	38.42	46.62	27.12	29.68	32.21	36.1
Long-Term Deferred Tax Liabilities	87.79	82.56	76.65	80.7	74.57	-
Other Long-Term Liabilities	28.13	28.13	-	-	-	-
Total Liabilities	2,609	2,723	2,118	2,043	1,416	777.44
Common Stock	203.04	168.95	120	80	80	60
Additional Paid-In Capital	1,903	1,923	1,930	1,945	1,945	69.91
Retained Earnings	8.89	231.88	609.26	568.76	800.64	644.81
Comprehensive Income & Other	-13.23	-5.57	-5.73	-4.26	1.06	-0.95
Total Common Equity	2,101	2,318	2,654	2,590	2,827	773.77
Minority Interest	152.84	162.91	190.18	85.77	263.13	-
Shareholders' Equity	2,254	2,481	2,844	2,675	3,090	773.77
Total Liabilities & Equity	4,863	5,204	4,962	4,719	4,506	1,551
Total Debt	1,756	1,811	1,400	1,422	556.37	294.9
Net Cash (Debt)	-829.04	-533.55	83.09	256.85	1,052	-144.98
Net Cash Growth	-	-	-67.65%	-75.58%	-	-
Net Cash Per Share	-4.09	-2.64	0.41	1.27	6.27	-0.96
Filing Date Shares Outstanding	203.04	202.74	201.6	201.6	201.6	151.2
Total Common Shares Outstanding	203.04	202.74	201.6	201.6	201.6	151.2
Working Capital	-194.52	148.06	767.37	1,003	1,557	303.29
Book Value Per Share	10.35	11.43	13.16	12.85	14.02	5.12
Tangible Book Value	1,991	2,206	2,481	2,413	2,716	762.03
Tangible Book Value Per Share	9.81	10.88	12.31	11.97	13.47	5.04
Buildings	1,137	1,082	1,067	1,026	877.23	36.19
Machinery	1,415	1,398	1,116	864.78	597.15	424.9
Construction In Progress	286.32	252.08	43.53	4.61	9.56	24.53

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