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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	1,065	856.23	791	700.19	388.01	253.37
Short-Term Investments	-	-	-	-	154	-
Trading Asset Securities	50.79	76.59	25.53	57	20	-
Cash & Short-Term Investments	1,115	932.82	816.53	757.19	562.01	253.37
Cash Growth	24.81%	14.24%	7.84%	34.73%	121.82%	15.95%
Accounts Receivable	138.47	140.54	128.74	128.05	123.67	120.96
Other Receivables	0.52	0.13	0.32	4.09	6.23	3.48
Receivables	138.99	140.67	129.07	132.14	129.89	124.44
Inventory	64.39	69.03	68.23	74.3	71.68	55.56
Other Current Assets	2.02	2.97	0.88	1.51	6.2	3.71
Total Current Assets	1,321	1,145	1,015	965.14	769.78	437.07
Property, Plant & Equipment	197.99	176.25	97.95	105.7	81.27	72.14
Long-Term Investments	3.12	3.16	1.92	4.54	-	-
Other Intangible Assets	33.24	32.75	34.41	10.55	10.28	10.83
Long-Term Deferred Tax Assets	4.1	4.06	4.51	3.19	2.59	2.45
Long-Term Deferred Charges	0.14	0.17	0.39	0.26	0.4	0.02
Other Long-Term Assets	1.14	1.25	4.06	1.63	2.46	5.28
Total Assets	1,560	1,363	1,158	1,091	866.78	527.79
Accounts Payable	178.58	185.49	126.29	159.42	61.4	67.68
Accrued Expenses	7.87	17.95	13.12	12.93	9.95	9.33
Short-Term Debt	276.61	105.44	15.74	23	-	-
Current Portion of Leases	0.35	0.35	-	0.36	0.37	-
Current Income Taxes Payable	6.49	4.17	4.75	1.97	1.57	1.64
Current Unearned Revenue	4.88	5.74	6.16	7.04	4.34	3.07
Other Current Liabilities	5.86	0.87	0.42	0.86	0.81	1.22
Total Current Liabilities	480.64	320	166.48	205.58	78.44	82.94
Long-Term Leases	0.37	0.36	-	-	0.33	-
Long-Term Unearned Revenue	12.51	13.08	14.21	9.76	8.05	7.62
Long-Term Deferred Tax Liabilities	4.27	4.85	5.15	5.9	2.24	2.49
Total Liabilities	497.79	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	431.38	393.49	323.36	238.44	146.4	93.39
Total Common Equity	1,063	1,025	954.69	869.77	777.73	434.74
Minority Interest	-	-	17.41	-	-	-
Shareholders' Equity	1,063	1,025	972.1	869.77	777.73	434.74
Total Liabilities & Equity	1,560	1,363	1,158	1,091	866.78	527.79
Total Debt	277.34	106.15	15.74	23.36	0.7	-
Net Cash (Debt)	838.01	826.67	800.8	733.83	561.31	253.37
Net Cash Growth	7.12%	3.23%	9.13%	30.74%	121.54%	15.95%
Net Cash Per Share	8.02	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	840.11	825.48	848.23	759.56	691.34	354.13
Book Value Per Share	10.22	9.85	9.18	8.36	7.48	5.57
Tangible Book Value	1,029	992.08	920.28	859.22	767.45	423.91
Tangible Book Value Per Share	9.90	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.