Finework (Hu Nan) New Energy Technology Co., Ltd (SHE:301232)

SHE:301232 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	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	299.07	343.11	309.85	151.93	179.17	142.61
Trading Asset Securities	287.93	307.65	433.66	-	-	-
Cash & Short-Term Investments	587	650.76	743.51	151.93	179.17	142.61
Cash Growth	-26.88%	-12.47%	389.37%	-15.20%	25.64%	0.88%
Accounts Receivable	1,488	1,437	1,222	905.43	626.99	524.59
Other Receivables	15.39	13.1	14.84	23.15	17.65	8.74
Receivables	1,504	1,450	1,237	928.57	644.64	533.33
Inventory	450.51	360.62	352.31	305.6	297.24	209.32
Prepaid Expenses	-	-	-	4.73	3.31	0.47
Other Current Assets	224.23	154.49	79.76	24.57	61.72	30.2
Total Current Assets	2,765	2,616	2,412	1,415	1,186	915.93
Property, Plant & Equipment	840.01	809.79	413.59	307.09	236.13	160.88
Other Intangible Assets	81.35	82.05	83.5	85.12	28.84	1.33
Long-Term Deferred Tax Assets	29.9	31.3	20.98	8.24	5.07	4.33
Long-Term Deferred Charges	31.91	32.27	19.69	13.19	8.02	7.45
Other Long-Term Assets	59.73	30.52	76.8	12.93	55.81	5
Total Assets	3,808	3,602	3,027	1,842	1,520	1,095
Accounts Payable	1,004	970.92	589.48	324.09	307.85	280.7
Accrued Expenses	21.1	30.6	35.32	44.26	50.04	54.55
Short-Term Debt	529.46	433.36	405.22	403.22	296.4	98.72
Current Portion of Long-Term Debt	152.35	123.79	106.04	54	2	2
Current Portion of Leases	-	25.9	30.68	62.38	52.14	27.58
Current Income Taxes Payable	5.45	1.76	1.09	2.04	3	12.78
Current Unearned Revenue	6.47	2.87	2.81	0.63	0.85	0.54
Other Current Liabilities	53.72	54.28	38.74	36.73	54.79	65.56
Total Current Liabilities	1,772	1,643	1,209	927.36	767.08	542.44
Long-Term Debt	391.63	327.74	140.49	112.18	55.08	27
Long-Term Leases	181.56	165.77	46.87	40.83	34.21	14.14
Long-Term Unearned Revenue	77.19	77.4	78.38	78.07	77.91	4.34
Long-Term Deferred Tax Liabilities	-	-	-	4.29	-	-
Other Long-Term Liabilities	-	-	1.01	-	-	-
Total Liabilities	2,422	2,214	1,476	1,163	934.28	587.92
Common Stock	75.16	75.16	53.69	40.22	40.22	40.22
Additional Paid-In Capital	1,002	1,002	1,024	185.88	185.88	185.88
Retained Earnings	290.95	293.62	461.7	448.39	358.88	281.22
Comprehensive Income & Other	1.15	2.83	-0.38	-	-	-
Total Common Equity	1,370	1,374	1,539	674.49	584.97	507.31
Minority Interest	16.08	13.65	11.69	4.75	0.69	-0.3
Shareholders' Equity	1,386	1,388	1,551	679.23	585.66	507.01
Total Liabilities & Equity	3,808	3,602	3,027	1,842	1,520	1,095
Total Debt	1,255	1,077	729.3	672.61	439.83	169.43
Net Cash (Debt)	-667.99	-425.8	14.21	-520.68	-260.67	-26.83
Net Cash Per Share	-9.13	-5.66	0.22	-9.25	-4.63	-0.48
Filing Date Shares Outstanding	75.16	75.16	75.16	56.3	56.3	56.3
Total Common Shares Outstanding	75.16	75.16	75.16	56.3	56.3	56.3
Working Capital	993.25	972.67	1,203	488.04	418.99	373.49
Book Value Per Share	18.22	18.28	20.47	11.98	10.39	9.01
Tangible Book Value	1,288	1,292	1,455	589.37	556.14	505.98
Tangible Book Value Per Share	17.14	17.19	19.36	10.47	9.88	8.99
Buildings	-	85.7	5.38	4.51	4.13	4.23
Machinery	-	513.29	444.28	332.6	169.7	117.74
Construction In Progress	-	171.27	10.2	2.5	6.1	-

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