Zhejiang Hongxin Technology Co., Ltd. (SHE:301539)

SHE:301539 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	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	173.61	208.64	56.78	60.76	231.75	131.25
Cash & Short-Term Investments	173.61	208.64	56.78	60.76	231.75	131.25
Cash Growth	126.01%	267.45%	-6.54%	-73.78%	76.56%	39.19%
Accounts Receivable	243.41	251.69	254.57	188.73	162.85	129.87
Other Receivables	22.84	17.43	0.89	3.01	5.42	0.61
Receivables	266.25	269.12	255.45	191.74	168.27	130.48
Inventory	289.4	244.81	156.36	153.71	189.26	102.86
Prepaid Expenses	-	-	6.23	2.83	-	-
Other Current Assets	23	18.87	9.91	13.39	20.97	0.98
Total Current Assets	752.25	741.44	484.74	422.43	610.25	365.57
Property, Plant & Equipment	770.46	759.5	468.47	454.26	390.79	226.35
Other Intangible Assets	82.75	83.71	85.32	84.96	86.31	38
Long-Term Accounts Receivable	0.45	0.57	0.53	3.47	3.38	2.41
Long-Term Deferred Tax Assets	0.41	0.41	-	-	1.22	2.04
Long-Term Deferred Charges	10.46	9.64	10.43	13.28	13	13.18
Other Long-Term Assets	91.27	23.17	72.22	41.16	14.06	13.2
Total Assets	1,708	1,618	1,122	1,020	1,119	660.76
Accounts Payable	653.07	628.53	503.74	462.05	451.45	308.85
Accrued Expenses	11.59	20.84	15.33	16.63	24.84	20.7
Short-Term Debt	114.65	114.76	86.07	86.46	141.63	-
Current Portion of Long-Term Debt	14.98	1.55	-	-	-	-
Current Portion of Leases	-	11.1	20.09	23.01	31.16	11.01
Current Income Taxes Payable	1.1	1.7	4.75	-	1.15	4.97
Current Unearned Revenue	22.31	10.93	8.69	6.99	7.75	6.86
Other Current Liabilities	12.7	15.95	20.29	14.37	98.99	37.44
Total Current Liabilities	830.4	805.36	658.96	609.51	756.98	389.84
Long-Term Debt	84.55	28.47	-	-	-	-
Long-Term Leases	5.91	7.65	18.75	38.79	55.81	9.24
Long-Term Deferred Tax Liabilities	-	-	0.32	1.55	-	-
Other Long-Term Liabilities	0.14	0.14	0.16	0.52	10.77	20.96
Total Liabilities	921	841.62	678.2	650.36	823.56	420.04
Common Stock	148	148	111	111	111	111
Additional Paid-In Capital	368.43	368.43	98.23	98.23	98.23	98.23
Retained Earnings	265.91	255.74	235.21	162.27	89.81	32.8
Comprehensive Income & Other	4.71	4.64	-0.93	-2.3	-3.6	-1.31
Shareholders' Equity	787.06	776.82	443.51	369.19	295.44	240.71
Total Liabilities & Equity	1,708	1,618	1,122	1,020	1,119	660.76
Total Debt	220.09	163.53	124.91	148.26	228.61	20.25
Net Cash (Debt)	-46.48	45.11	-68.13	-87.5	3.14	111
Net Cash Growth	-	-	-	-	-97.17%	-
Net Cash Per Share	-0.32	0.33	-0.62	-0.78	0.03	1.00
Filing Date Shares Outstanding	148	148	148	111	111	111
Total Common Shares Outstanding	148	148	111	111	111	111
Working Capital	-78.15	-63.92	-174.23	-187.09	-146.73	-24.27
Book Value Per Share	5.32	5.25	4.00	3.33	2.66	2.17
Tangible Book Value	704.31	693.11	358.2	284.23	209.13	202.71
Tangible Book Value Per Share	4.76	4.68	3.23	2.56	1.88	1.83
Land	-	17.24	16.81	16.33	15.5	17.66
Buildings	-	195.29	197.01	141.61	88.06	28.86
Machinery	-	491.07	449.99	8.34	365.23	268.81
Construction In Progress	-	344.61	52	81	103.37	69.37

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