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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Cash & Equivalents	70.13	109.44	56.17	231.84	783.83	53.9
Trading Asset Securities	2.46	-	151.44	231.33	-	-
Cash & Short-Term Investments	72.59	109.44	207.61	463.17	783.83	53.9
Cash Growth	-44.32%	-47.28%	-55.18%	-40.91%	1354.14%	25.97%
Accounts Receivable	163.23	144.91	161.35	88	93.74	116.16
Other Receivables	6.45	5.7	0.77	1.08	1.79	0.07
Receivables	169.67	150.61	162.12	89.09	95.53	116.22
Inventory	259.51	198.73	194.38	186.05	145.34	90.27
Other Current Assets	88.57	78.02	14.54	14.33	5.21	21.45
Total Current Assets	590.34	536.81	578.65	752.64	1,030	281.84
Property, Plant & Equipment	1,120	1,141	794.45	799.19	438.21	278.63
Long-Term Investments	2.98	2.98	3.01	-	-	-
Other Intangible Assets	99.58	101.4	105.55	59.82	57.05	58.31
Long-Term Deferred Tax Assets	4.42	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	1,817	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Accounts Payable	96.33	151.29	62.01	79.87	34.44	39.17
Accrued Expenses	6.29	15.38	9.26	7.88	4.95	12.61
Short-Term Debt	77.5	53.72	62.71	58.55	30.53	100.63
Current Portion of Long-Term Debt	17.99	2.3	2.02	0.77	0.05	-
Current Portion of Leases	-	0.66	-	-	-	-
Current Income Taxes Payable	4.27	0.72	-	2.56	0.55	5.58
Current Unearned Revenue	5.73	4.08	4.73	2.75	1.47	2.41
Other Current Liabilities	4.13	0.88	1.01	0.83	9.26	9.34
Total Current Liabilities	212.23	229.02	141.74	153.21	81.26	169.75
Long-Term Debt	413.58	369.8	67.77	14.94	15.5	-
Long-Term Leases	0.49	0.88	-	-	-	-
Long-Term Unearned Revenue	20.39	22.92	16.5	11.89	12.52	14.14
Long-Term Deferred Tax Liabilities	-	-	-	0.05	2.16	5.74
Total Liabilities	646.68	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Common Stock	111.27	80	80	80	80	60
Additional Paid-In Capital	1,079	1,111	1,111	1,111	1,111	113.16
Retained Earnings	1.58	-1.46	188.09	243.22	308.58	299.23
Treasury Stock	-40	-40	-36.89	-	-	-
Total Common Equity	1,152	1,149	1,342	1,434	1,500	472.39
Minority Interest	18.17	19.33	19.52	-0.03	-	-
Shareholders' Equity	1,170	1,169	1,362	1,434	1,500	472.39
Total Liabilities & Equity	1,817	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Total Debt	509.55	427.35	132.5	74.27	46.08	100.63
Net Cash (Debt)	-436.97	-317.91	75.11	388.9	737.75	-46.73
Net Cash Growth	-	-	-80.69%	-47.28%	-	-
Net Cash Per Share	-3.99	-2.90	0.67	3.42	7.02	-0.56
Filing Date Shares Outstanding	110	109.45	109.62	112	112	84
Total Common Shares Outstanding	110	109.45	109.62	112	112	84
Working Capital	378.12	307.78	436.91	599.43	948.65	112.1
Book Value Per Share	10.48	10.50	12.25	12.81	13.39	5.62
Tangible Book Value	1,053	1,048	1,237	1,375	1,443	414.08
Tangible Book Value Per Share	9.57	9.57	11.28	12.27	12.88	4.93
Buildings	-	483.56	353.02	265.16	90.96	90.88
Machinery	-	535.62	634.27	255.79	251.44	237.8
Construction In Progress	-	421.35	27.2	432.64	217.2	40.71

Data Source: S&P Global Market Intelligence Last updated: Oct 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:

Nov 2, 2026

Data Sources Report a data error