Hangzhou Heshun Technology Co.,LTD. (SHE:301237)

SHE:301237 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	29.38	56.17	231.84	783.83	53.9	42.79
Trading Asset Securities	100.98	151.44	231.33	-	-	-
Cash & Short-Term Investments	130.36	207.61	463.17	783.83	53.9	42.79
Cash Growth	-45.35%	-55.18%	-40.91%	1354.14%	25.97%	31.48%
Accounts Receivable	168.12	161.35	88	93.74	116.16	79.5
Other Receivables	0.52	0.77	1.08	1.79	0.07	4.61
Receivables	168.64	162.12	89.09	95.53	116.22	84.11
Inventory	211.9	194.38	186.05	145.34	90.27	65.08
Other Current Assets	61.16	14.54	14.33	5.21	21.45	20.42
Total Current Assets	572.06	578.65	752.64	1,030	281.84	212.4
Property, Plant & Equipment	1,033	794.45	799.19	438.21	278.63	259.49
Long-Term Investments	2.97	3.01	-	-	-	-
Other Intangible Assets	103.77	105.55	59.82	57.05	58.31	59.57
Long-Term Deferred Tax Assets	20.81	12.5	1.65	0.33	3.77	2.1
Other Long-Term Assets	116.32	93.69	1.21	85.76	39.47	-
Total Assets	1,849	1,588	1,615	1,611	662.01	533.55
Accounts Payable	85.95	62.01	79.87	34.44	39.17	28.8
Accrued Expenses	5.21	9.26	7.88	4.95	12.61	8.13
Short-Term Debt	33.29	62.71	58.55	30.53	100.63	118.66
Current Portion of Long-Term Debt	2.27	2.02	0.77	0.05	-	-
Current Income Taxes Payable	5.98	-	2.56	0.55	5.58	7.97
Current Unearned Revenue	2.32	4.73	2.75	1.47	2.41	4.89
Other Current Liabilities	0.65	1.01	0.83	9.26	9.34	1.61
Total Current Liabilities	135.68	141.74	153.21	81.26	169.75	170.07
Long-Term Debt	362.35	67.77	14.94	15.5	-	-
Long-Term Unearned Revenue	23.76	16.5	11.89	12.52	14.14	8.24
Long-Term Deferred Tax Liabilities	-	-	0.05	2.16	5.74	6.55
Total Liabilities	521.79	226.02	180.09	111.44	189.62	184.86
Common Stock	80	80	80	80	60	60
Additional Paid-In Capital	1,111	1,111	1,111	1,111	113.16	113.16
Retained Earnings	157.32	188.09	243.22	308.58	299.23	175.54
Treasury Stock	-40	-36.89	-	-	-	-
Total Common Equity	1,308	1,342	1,434	1,500	472.39	348.7
Minority Interest	19.35	19.52	-0.03	-	-	-
Shareholders' Equity	1,328	1,362	1,434	1,500	472.39	348.7
Total Liabilities & Equity	1,849	1,588	1,615	1,611	662.01	533.55
Total Debt	397.91	132.5	74.27	46.08	100.63	118.66
Net Cash (Debt)	-267.55	75.11	388.9	737.75	-46.73	-75.87
Net Cash Growth	-	-80.69%	-47.28%	-	-	-
Net Cash Per Share	-3.40	0.94	4.78	9.82	-0.78	-1.27
Filing Date Shares Outstanding	78.18	78.3	80	80	60	60
Total Common Shares Outstanding	78.18	78.3	80	80	60	60
Working Capital	436.38	436.91	599.43	948.65	112.1	42.33
Book Value Per Share	16.73	17.14	17.93	18.75	7.87	5.81
Tangible Book Value	1,204	1,237	1,375	1,443	414.08	289.13
Tangible Book Value Per Share	15.41	15.80	17.18	18.03	6.90	4.82
Buildings	-	353.02	265.16	90.96	90.88	90.42
Machinery	-	634.27	255.79	251.44	237.8	228.64
Construction In Progress	-	27.2	432.64	217.2	40.71	2.27

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