Zhejiang Hengwei Battery Co., Ltd. (SHE:301222)

Zhejiang Hengwei Battery Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Cash & Equivalents	789.88	746.12	868.68	981.06	843.06	213.85
Trading Asset Securities	50	124.06	50	50	200	-
Cash & Short-Term Investments	839.88	870.18	918.68	1,031	1,043	213.85
Cash Growth	-8.82%	-5.28%	-10.90%	-1.15%	387.75%	33.48%
Accounts Receivable	174.98	188.74	153.78	90.3	80.68	73.21
Other Receivables	1.34	0.4	0.32	0.12	0.63	0
Receivables	176.32	189.14	154.1	90.42	81.31	73.21
Inventory	173.43	161.26	116.13	97.41	108.96	91.84
Other Current Assets	31.1	30.63	13.74	8.59	10.27	22.03
Total Current Assets	1,221	1,251	1,203	1,227	1,244	400.92
Property, Plant & Equipment	283.13	298.26	217.66	122.83	81.49	88.26
Other Intangible Assets	34.64	35.05	38.63	39.9	3.94	4.08
Long-Term Deferred Tax Assets	1.49	1.6	1.36	1.24	1.09	0.93
Long-Term Deferred Charges	4.2	4.95	2.13	2.64	0.54	1.07
Other Long-Term Assets	3.51	2.77	42.13	6.56	0.79	0.31
Total Assets	1,548	1,594	1,505	1,401	1,331	495.57

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Accounts Payable	86.75	122.02	56.34	38.82	44.43	36.69
Accrued Expenses	16.51	19.07	19.17	17.53	12.87	11.11
Current Portion of Leases	-	0.43	0.34	0.49	0.3	0.42
Current Income Taxes Payable	-	2.85	6.79	5.49	6.12	2.61
Current Unearned Revenue	0.26	2.85	1.56	2.23	0.87	0.33
Other Current Liabilities	18.39	0.54	0.22	1.03	3.61	1.27
Total Current Liabilities	121.92	147.76	84.42	65.59	68.19	52.43
Long-Term Leases	0.07	0.29	-	0.34	-	0.32
Long-Term Unearned Revenue	0.4	0.74	1.49	2.33	3.17	2.47
Total Liabilities	122.4	148.79	85.91	68.25	71.36	55.21

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Common Stock	140.34	100.24	101.33	101.33	101.33	76
Additional Paid-In Capital	828.71	868.8	892.76	892.76	892.76	161.95
Retained Earnings	482.47	488.73	435.42	336.01	265.03	203.1
Treasury Stock	-	-	-17.04	-	-	-
Comprehensive Income & Other	-26.21	-12.74	6.17	2.28	0.95	-0.68
Shareholders' Equity	1,425	1,445	1,419	1,332	1,260	440.36
Total Liabilities & Equity	1,548	1,594	1,505	1,401	1,331	495.57

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Total Debt	0.07	0.72	0.34	0.83	0.3	0.73
Net Cash (Debt)	839.8	869.45	918.34	1,030	1,043	213.12
Net Cash Growth	-8.82%	-5.32%	-10.86%	-1.20%	389.28%	33.03%
Net Cash Per Share	5.97	6.18	6.53	7.26	7.83	2.00
Filing Date Shares Outstanding	141.83	140.34	140.34	141.87	141.87	106.4
Total Common Shares Outstanding	141.83	140.34	140.78	141.87	141.87	106.4
Working Capital	1,099	1,103	1,118	1,162	1,175	348.5
Book Value Per Share	10.05	10.30	10.08	9.39	8.88	4.14
Tangible Book Value	1,391	1,410	1,380	1,292	1,256	436.28
Tangible Book Value Per Share	9.81	10.05	9.80	9.11	8.85	4.10
Buildings	-	141.68	57.11	52.93	59.67	58.73
Machinery	-	256.18	127.7	114.48	11.06	111.11
Construction In Progress	-	2.84	136.44	49.3	2.82	2.2

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 13, 2026

Data Sources Report a data error