Hangzhou Grascent Co., Ltd. (SHE:301688)

Hangzhou Grascent 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	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	98.49	71.84	54.13	22.75	29.83	31.32
Trading Asset Securities	-	-	-	1.65	-	0.01
Cash & Short-Term Investments	98.49	71.84	54.13	24.4	29.83	31.33
Cash Growth	-	32.71%	121.83%	-18.19%	-4.81%	-49.92%
Accounts Receivable	270.27	211.49	191.16	153.85	105.87	128.46
Other Receivables	0.55	55.55	57.81	37.87	12.65	10.33
Receivables	270.82	267.04	248.97	191.72	118.52	138.79
Inventory	411.38	358.24	244.88	221.75	281.96	196.36
Other Current Assets	14.96	8.4	8.49	13.74	11.71	24.95
Total Current Assets	795.64	705.52	556.47	451.61	442.02	391.44
Property, Plant & Equipment	970.14	968.57	988.88	885.91	593.84	427.28
Other Intangible Assets	83.83	85.1	88.31	85.29	86.29	68.91
Long-Term Deferred Tax Assets	4.24	4.02	3.09	2.39	2.55	1.8
Long-Term Deferred Charges	8.25	8.89	7.78	1.64	2.25	5.51
Other Long-Term Assets	5.78	5.59	3.25	7.04	64.71	15.09
Total Assets	1,868	1,778	1,648	1,434	1,192	910.03

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	Dec 31, 2022	Dec 31, 2021
Accounts Payable	136.96	156.04	163.78	178.15	160.29	109.18
Accrued Expenses	28.69	20.96	20.73	13.07	8.55	7.27
Short-Term Debt	345.23	227.57	125.51	114.12	123.17	109.79
Current Portion of Long-Term Debt	-	116.45	161.48	139.18	96.3	23.39
Current Portion of Leases	-	1.68	1.83	0.57	0.95	0.36
Current Income Taxes Payable	-	6.5	6.54	1.45	-	2.85
Current Unearned Revenue	3.13	6.16	18.79	10.07	8.29	5.18
Other Current Liabilities	112.2	4.01	12.92	3.42	7.42	5.08
Total Current Liabilities	626.21	539.37	511.58	460.03	404.97	263.1
Long-Term Debt	382.74	481.28	564.05	473.71	375.02	225.57
Long-Term Leases	-	-	1.42	0.43	1.3	1.32
Long-Term Unearned Revenue	6.87	7.21	3.12	3.49	3.85	1.94
Long-Term Deferred Tax Liabilities	0.98	1.16	1.54	1.25	1.45	0.33
Total Liabilities	1,017	1,029	1,082	938.92	786.6	492.27

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	Dec 31, 2022	Dec 31, 2021
Common Stock	100	100	56.67	56.67	56.67	56.67
Additional Paid-In Capital	71.75	71.75	115.08	115.08	115.08	115.08
Retained Earnings	653.87	555.35	376.39	305.94	213.02	224.88
Comprehensive Income & Other	25.46	21.58	17.94	17.26	20.29	21.13
Shareholders' Equity	851.09	748.68	566.08	494.96	405.06	417.76
Total Liabilities & Equity	1,868	1,778	1,648	1,434	1,192	910.03

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	Dec 31, 2022	Dec 31, 2021
Total Debt	727.98	826.98	854.29	728.02	596.74	360.44
Net Cash (Debt)	-629.48	-755.14	-800.16	-703.62	-566.92	-329.1
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.30	-7.55	-7.98	-7.04	-9.98	-5.82
Filing Date Shares Outstanding	99.52	133.33	100	99.92	56.67	56.59
Total Common Shares Outstanding	99.52	133.33	100	99.92	56.67	56.59
Working Capital	169.44	166.15	44.9	-8.43	37.05	128.34
Book Value Per Share	8.55	5.62	5.66	4.95	7.15	7.38
Tangible Book Value	767.25	663.58	477.77	409.67	318.77	348.85
Tangible Book Value Per Share	7.71	4.98	4.78	4.10	5.63	6.17
Buildings	-	471.11	466.06	344.71	214.18	172.73
Machinery	-	850.44	732.82	492.84	437.02	352.57
Construction In Progress	-	31.29	106.47	321.32	176.6	104.62
Order Backlog	-	622.51	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Apr 22, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 8, 2026

Data Sources Report a data error