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

SHE:301237 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	62.45	109.44	56.17	231.84	783.83	53.9
Trading Asset Securities	0.01	-	151.44	231.33	-	-
Cash & Short-Term Investments	62.46	109.44	207.61	463.17	783.83	53.9
Cash Growth	-73.89%	-47.28%	-55.18%	-40.91%	1354.14%	25.97%
Accounts Receivable	196.27	144.91	161.35	88	93.74	116.16
Other Receivables	5.43	5.7	0.77	1.08	1.79	0.07
Receivables	201.7	150.61	162.12	89.09	95.53	116.22
Inventory	204.3	198.73	194.38	186.05	145.34	90.27
Other Current Assets	79.87	78.02	14.54	14.33	5.21	21.45
Total Current Assets	548.32	536.81	578.65	752.64	1,030	281.84
Property, Plant & Equipment	1,129	1,141	794.45	799.19	438.21	278.63
Long-Term Investments	3.03	2.98	3.01	-	-	-
Other Intangible Assets	100.18	101.4	105.55	59.82	57.05	58.31
Long-Term Deferred Tax Assets	4.93	7.24	12.5	1.65	0.33	3.77
Other Long-Term Assets	-	1.4	93.69	1.21	85.76	39.47
Total Assets	1,786	1,791	1,588	1,615	1,611	662.01

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	101.55	151.29	62.01	79.87	34.44	39.17
Accrued Expenses	12.19	15.38	9.26	7.88	4.95	12.61
Short-Term Debt	39.47	53.72	62.71	58.55	30.53	100.63
Current Portion of Long-Term Debt	18.31	2.3	2.02	0.77	0.05	-
Current Portion of Leases	0.67	0.66	-	-	-	-
Current Income Taxes Payable	0.26	0.72	-	2.56	0.55	5.58
Current Unearned Revenue	3.6	4.08	4.73	2.75	1.47	2.41
Other Current Liabilities	0.83	0.88	1.01	0.83	9.26	9.34
Total Current Liabilities	176.87	229.02	141.74	153.21	81.26	169.75
Long-Term Debt	411.7	369.8	67.77	14.94	15.5	-
Long-Term Leases	0.55	0.88	-	-	-	-
Long-Term Unearned Revenue	21.23	22.92	16.5	11.89	12.52	14.14
Long-Term Deferred Tax Liabilities	-	-	-	0.05	2.16	5.74
Total Liabilities	610.35	622.62	226.02	180.09	111.44	189.62

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	80	80	80	80	80	60
Additional Paid-In Capital	1,111	1,111	1,111	1,111	1,111	113.16
Retained Earnings	6.33	-1.46	188.09	243.22	308.58	299.23
Treasury Stock	-40	-40	-36.89	-	-	-
Total Common Equity	1,157	1,149	1,342	1,434	1,500	472.39
Minority Interest	18.58	19.33	19.52	-0.03	-	-
Shareholders' Equity	1,176	1,169	1,362	1,434	1,500	472.39
Total Liabilities & Equity	1,786	1,791	1,588	1,615	1,611	662.01

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	470.69	427.35	132.5	74.27	46.08	100.63
Net Cash (Debt)	-408.24	-317.91	75.11	388.9	737.75	-46.73
Net Cash Growth	-	-	-80.69%	-47.28%	-	-
Net Cash Per Share	-3.73	-2.90	0.67	3.42	7.02	-0.56
Filing Date Shares Outstanding	109.45	109.45	109.62	112	112	84
Total Common Shares Outstanding	109.45	109.45	109.62	112	112	84
Working Capital	371.45	307.78	436.91	599.43	948.65	112.1
Book Value Per Share	10.57	10.50	12.25	12.81	13.39	5.62
Tangible Book Value	1,057	1,048	1,237	1,375	1,443	414.08
Tangible Book Value Per Share	9.66	9.57	11.28	12.27	12.88	4.93
Buildings	485.37	483.56	353.02	265.16	90.96	90.88
Machinery	538.55	535.62	634.27	255.79	251.44	237.8
Construction In Progress	442.09	421.35	27.2	432.64	217.2	40.71

Data Source: S&P Global Market Intelligence Last updated: Jul 30, 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 17, 2026

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