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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	940.7	839	644.26	740.35	933.64	773.55
Trading Asset Securities	-	-	0.26	-	-	-
Cash & Short-Term Investments	940.7	839	644.52	740.35	933.64	773.55
Cash Growth	40.66%	30.18%	-12.94%	-20.70%	20.70%	183.96%
Accounts Receivable	1,045	890.95	873.5	534.84	795.28	745.25
Other Receivables	39.89	43.3	30.56	21.84	22.46	28.31
Receivables	1,085	934.25	904.06	556.68	817.74	773.56
Inventory	515.19	502.42	359.55	340.39	353.44	243.5
Prepaid Expenses	-	-	-	1.12	2.07	-
Other Current Assets	145.36	145.21	139.99	80.59	68.17	79.25
Total Current Assets	2,686	2,421	2,048	1,719	2,175	1,870
Property, Plant & Equipment	2,208	2,177	2,026	1,600	1,024	811.78
Long-Term Investments	286.22	289.64	194.66	26.97	2.07	-
Goodwill	4.98	4.98	6.25	5.02	22.38	22.39
Other Intangible Assets	174.98	176.4	167.9	184.58	135.01	135.49
Long-Term Deferred Tax Assets	110.96	103.73	88.12	106.11	62.36	41.95
Long-Term Deferred Charges	66.65	63.04	71.15	45.99	-	26.56
Other Long-Term Assets	35.7	38.66	62.61	188.72	109.47	38.68
Total Assets	5,574	5,274	4,665	3,877	3,530	2,947
Accounts Payable	1,798	1,554	1,104	967.07	981.06	756.37
Accrued Expenses	34.27	80.85	65.36	68.4	89.51	118.37
Short-Term Debt	332.65	468.48	369.07	497.68	570.13	436.63
Current Portion of Long-Term Debt	237.98	245.08	71.87	64.27	30	10
Current Portion of Leases	-	7.1	10.08	6.43	8.78	-
Current Income Taxes Payable	13.83	2.71	3.32	7.47	7.01	11.02
Current Unearned Revenue	0.67	2.33	3.36	6.83	6.28	0.29
Other Current Liabilities	70.54	50.83	100.86	62.99	12.24	58.46
Total Current Liabilities	2,488	2,411	1,727	1,681	1,705	1,391
Long-Term Debt	1,399	1,126	1,124	396.8	123.74	50
Long-Term Leases	7.46	12.16	15.4	22.05	40.91	1.82
Long-Term Unearned Revenue	211.98	212.16	81.91	140.33	129.5	137.86
Long-Term Deferred Tax Liabilities	0.53	0.51	0.94	3.77	4.23	1.84
Other Long-Term Liabilities	191.94	194.99	291.55	187.63	5.83	-
Total Liabilities	4,299	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	626.37	624.94	608.19	659.34	640.5	698.33
Retained Earnings	297.97	333.97	548.78	495.83	578.77	487.07
Treasury Stock	-108.79	-108.79	-17.12	-	-	-
Comprehensive Income & Other	5.54	5.59	4.91	4.14	14.84	-3.65
Total Common Equity	1,008	1,042	1,331	1,284	1,358	1,251
Minority Interest	267.71	275.46	92.06	161.2	162.73	113.27
Shareholders' Equity	1,275	1,318	1,423	1,445	1,521	1,364
Total Liabilities & Equity	5,574	5,274	4,665	3,877	3,530	2,947
Total Debt	1,977	1,859	1,590	987.23	773.56	498.45
Net Cash (Debt)	-1,037	-1,020	-945.89	-246.88	160.09	275.11
Net Cash Growth	-	-	-	-	-41.81%	-
Net Cash Per Share	-5.69	-5.60	-5.00	-1.32	0.86	1.61
Filing Date Shares Outstanding	178.6	178.6	185.48	186.44	186.44	186.44
Total Common Shares Outstanding	178.6	178.6	185.48	186.44	186.44	186.44
Working Capital	198.72	9.76	320.64	37.99	470.06	478.74
Book Value Per Share	5.64	5.84	7.18	6.88	7.29	6.71
Tangible Book Value	827.56	860.77	1,157	1,094	1,201	1,093
Tangible Book Value Per Share	4.63	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.