Hangzhou Zhengqiang Corporation Limited (SHE:301119)

SHE:301119 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	950.38	856.23	791	700.19	388.01	253.37
Short-Term Investments	-	-	-	-	154	-
Trading Asset Securities	28.94	76.59	25.53	57	20	-
Cash & Short-Term Investments	979.33	932.82	816.53	757.19	562.01	253.37
Cash Growth	-5.07%	14.24%	7.84%	34.73%	121.82%	15.95%
Accounts Receivable	154.2	140.54	128.74	128.05	123.67	120.96
Other Receivables	1.09	0.06	0.32	4.09	6.23	3.48
Receivables	155.29	140.6	129.07	132.14	129.89	124.44
Inventory	67.65	69.03	68.23	74.3	71.68	55.56
Other Current Assets	1.49	3.04	0.88	1.51	6.2	3.71
Total Current Assets	1,204	1,145	1,015	965.14	769.78	437.07
Property, Plant & Equipment	235.6	176.25	97.95	105.7	81.27	72.14
Long-Term Investments	2.81	3.16	1.92	4.54	-	-
Other Intangible Assets	32.15	32.75	34.41	10.55	10.28	10.83
Long-Term Deferred Tax Assets	4.3	4.06	4.51	3.19	2.59	2.45
Long-Term Deferred Charges	0.09	0.17	0.39	0.26	0.4	0.02
Other Long-Term Assets	1.06	1.25	4.06	1.63	2.46	5.28
Total Assets	1,480	1,363	1,158	1,091	866.78	527.79
Accounts Payable	213.83	185.49	126.29	159.42	61.4	67.68
Accrued Expenses	10.74	17.95	13.12	12.93	9.95	9.33
Short-Term Debt	201.61	105.44	15.74	23	-	-
Current Portion of Leases	0.36	0.35	-	0.36	0.37	-
Current Income Taxes Payable	5.41	4.17	4.75	1.97	1.57	1.64
Current Unearned Revenue	4.43	5.74	6.16	7.04	4.34	3.07
Other Current Liabilities	6.43	0.87	0.42	0.86	0.81	1.22
Total Current Liabilities	442.81	320	166.48	205.58	78.44	82.94
Long-Term Leases	0.19	0.36	-	-	0.33	-
Long-Term Unearned Revenue	12.73	13.08	14.21	9.76	8.05	7.62
Long-Term Deferred Tax Liabilities	3.9	4.85	5.15	5.9	2.24	2.49
Total Liabilities	459.63	338.3	185.84	221.24	89.05	93.05
Common Stock	104	104	104	80	80	60
Additional Paid-In Capital	527.33	527.33	527.33	551.33	551.33	281.35
Retained Earnings	388.81	393.49	323.36	238.44	146.4	93.39
Total Common Equity	1,020	1,025	954.69	869.77	777.73	434.74
Minority Interest	-	-	17.41	-	-	-
Shareholders' Equity	1,020	1,025	972.1	869.77	777.73	434.74
Total Liabilities & Equity	1,480	1,363	1,158	1,091	866.78	527.79
Total Debt	202.16	106.15	15.74	23.36	0.7	-
Net Cash (Debt)	777.16	826.67	800.8	733.83	561.31	253.37
Net Cash Growth	-10.23%	3.23%	9.13%	30.74%	121.54%	15.95%
Net Cash Per Share	7.38	7.91	7.68	6.96	7.00	3.24
Filing Date Shares Outstanding	104	104	104	104	104	78
Total Common Shares Outstanding	104	104	104	104	104	78
Working Capital	760.94	825.48	848.23	759.56	691.34	354.13
Book Value Per Share	9.81	9.85	9.18	8.36	7.48	5.57
Tangible Book Value	987.99	992.08	920.28	859.22	767.45	423.91
Tangible Book Value Per Share	9.50	9.54	8.85	8.26	7.38	5.43
Buildings	-	33.46	33.42	33.52	33.52	25.49
Machinery	-	172.64	161.6	149.63	121.5	106.82
Construction In Progress	-	81.67	0.97	8.39	1.39	6.26

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