Highbroad Advanced Material (Hefei) Co., Ltd. (SHE:301321)

SHE:301321 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	843.39	839	644.26	740.35	933.64	773.55
Trading Asset Securities	-	-	0.26	-	-	-
Cash & Short-Term Investments	843.39	839	644.52	740.35	933.64	773.55
Cash Growth	28.24%	30.18%	-12.94%	-20.70%	20.70%	183.96%
Accounts Receivable	1,347	890.95	873.5	534.84	795.28	745.25
Other Receivables	33.59	43.3	30.56	21.84	22.46	28.31
Receivables	1,380	934.25	904.06	556.68	817.74	773.56
Inventory	463.06	502.42	359.55	340.39	353.44	243.5
Prepaid Expenses	-	-	-	1.12	2.07	-
Other Current Assets	151.56	145.21	139.99	80.59	68.17	79.25
Total Current Assets	2,838	2,421	2,048	1,719	2,175	1,870
Property, Plant & Equipment	2,219	2,177	2,026	1,600	1,024	811.78
Long-Term Investments	312.03	289.64	194.66	26.97	2.07	-
Goodwill	4.97	4.98	6.25	5.02	22.38	22.39
Other Intangible Assets	173.99	176.4	167.9	184.58	135.01	135.49
Long-Term Deferred Tax Assets	125.62	103.73	88.12	106.11	62.36	41.95
Long-Term Deferred Charges	70.24	63.04	71.15	45.99	-	26.56
Other Long-Term Assets	70.13	38.66	62.61	188.72	109.47	38.68
Total Assets	5,814	5,274	4,665	3,877	3,530	2,947
Accounts Payable	2,156	1,554	1,104	967.07	981.06	756.37
Accrued Expenses	32.62	80.85	65.36	68.4	89.51	118.37
Short-Term Debt	398.64	468.48	369.07	497.68	570.13	436.63
Current Portion of Long-Term Debt	356.84	245.08	71.87	64.27	30	10
Current Portion of Leases	-	7.1	10.08	6.43	8.78	-
Current Income Taxes Payable	9.67	2.71	3.32	7.47	7.01	11.02
Current Unearned Revenue	1.04	2.33	3.36	6.83	6.28	0.29
Other Current Liabilities	71.96	50.83	100.86	62.99	12.24	58.46
Total Current Liabilities	3,027	2,411	1,727	1,681	1,705	1,391
Long-Term Debt	1,228	1,126	1,124	396.8	123.74	50
Long-Term Leases	6.53	12.16	15.4	22.05	40.91	1.82
Long-Term Unearned Revenue	206.49	212.16	81.91	140.33	129.5	137.86
Long-Term Deferred Tax Liabilities	0.04	0.51	0.94	3.77	4.23	1.84
Other Long-Term Liabilities	153.27	194.99	291.55	187.63	5.83	-
Total Liabilities	4,621	3,957	3,241	2,432	2,009	1,583
Common Stock	186.44	186.44	186.44	124.29	124.29	69.05
Additional Paid-In Capital	631.78	624.94	608.19	659.34	640.5	698.33
Retained Earnings	325.18	333.97	548.78	495.83	578.77	487.07
Treasury Stock	-176.77	-108.79	-17.12	-	-	-
Comprehensive Income & Other	4.99	5.59	4.91	4.14	14.84	-3.65
Total Common Equity	971.62	1,042	1,331	1,284	1,358	1,251
Minority Interest	222.03	275.46	92.06	161.2	162.73	113.27
Shareholders' Equity	1,194	1,318	1,423	1,445	1,521	1,364
Total Liabilities & Equity	5,814	5,274	4,665	3,877	3,530	2,947
Total Debt	1,990	1,859	1,590	987.23	773.56	498.45
Net Cash (Debt)	-1,146	-1,020	-945.89	-246.88	160.09	275.11
Net Cash Growth	-	-	-	-	-41.81%	-
Net Cash Per Share	-6.44	-5.60	-5.00	-1.32	0.86	1.61
Filing Date Shares Outstanding	173.84	178.6	185.48	186.44	186.44	186.44
Total Common Shares Outstanding	173.84	178.6	185.48	186.44	186.44	186.44
Working Capital	-188.65	9.76	320.64	37.99	470.06	478.74
Book Value Per Share	5.59	5.84	7.18	6.88	7.29	6.71
Tangible Book Value	792.66	860.77	1,157	1,094	1,201	1,093
Tangible Book Value Per Share	4.56	4.82	6.24	5.87	6.44	5.86
Buildings	-	1,132	708.6	597.85	563.89	414.15
Machinery	-	930.48	594.79	564.61	550.85	375.98
Construction In Progress	-	578.26	1,067	747.32	129.7	240.92

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