Huaming Power Equipment Co.,Ltd (SHE:002270)

SHE:002270 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	1,269	1,161	1,055	1,012	761.77	443.44
Short-Term Investments	-	-	-	-	-	30.2
Trading Asset Securities	-	-	56.25	169.7	-	195.06
Cash & Short-Term Investments	1,269	1,161	1,111	1,182	761.77	668.7
Cash Growth	17.03%	4.54%	-6.00%	55.14%	13.92%	49.45%
Accounts Receivable	1,188	1,183	1,276	1,277	1,156	1,239
Other Receivables	113.52	81.23	80.15	45.67	157.59	172.97
Receivables	1,302	1,264	1,357	1,323	1,313	1,412
Inventory	446.34	383.57	365.47	306.05	386.63	379.67
Other Current Assets	88.56	205.83	150.59	76.64	120.93	233.55
Total Current Assets	3,106	3,015	2,984	2,888	2,583	2,694
Property, Plant & Equipment	977.7	955.23	940.1	985.66	933.07	730.28
Long-Term Investments	81.32	85.46	130.6	166.16	159.08	420.81
Goodwill	99.42	99.42	99.42	99.42	103.67	103.94
Other Intangible Assets	149.53	153.91	161.33	213.49	227.3	207.88
Long-Term Deferred Tax Assets	95.54	94.56	87.47	97.02	84.95	77.95
Long-Term Deferred Charges	25.89	29.57	31.7	13.64	6.44	4.02
Other Long-Term Assets	19.4	24.63	84	-	-	-
Total Assets	4,555	4,458	4,518	4,463	4,097	4,239
Accounts Payable	465.1	422.39	385.53	305.23	277.25	324.75
Accrued Expenses	85.11	113.72	103.16	132.46	86.6	77.51
Short-Term Debt	60.01	120.01	60.05	100.24	323.18	2.26
Current Portion of Long-Term Debt	132.5	130	40	142.5	44.2	-
Current Portion of Leases	19.35	30.98	25.83	22.79	20.7	-
Current Income Taxes Payable	25.72	53.55	27.19	19.06	5.14	52.06
Current Unearned Revenue	66.48	54.41	83.27	31.69	74.51	32.35
Other Current Liabilities	214.38	67.19	15.53	7.87	11.3	216.44
Total Current Liabilities	1,069	992.26	740.56	761.84	842.88	705.39
Long-Term Debt	205.23	220.27	220.4	260.48	270.2	890.84
Long-Term Leases	8.41	11.21	134.75	58.9	76.6	-
Long-Term Unearned Revenue	25.18	25.54	29.7	8.78	9.15	9.87
Long-Term Deferred Tax Liabilities	53.86	25.98	30.03	34.26	48.43	15.1
Other Long-Term Liabilities	1.36	1.09	-	-	-	-
Total Liabilities	1,363	1,276	1,155	1,124	1,247	1,621
Common Stock	227.25	227.25	227.25	227.25	90.26	90.26
Additional Paid-In Capital	1,265	1,265	1,265	1,265	919.13	942.35
Retained Earnings	1,875	1,701	1,872	1,841	1,840	1,565
Comprehensive Income & Other	-13.39	-27.53	-14.03	1.46	-1.1	8.85
Total Common Equity	3,164	3,166	3,350	3,334	2,848	2,607
Minority Interest	27.94	15.63	12.71	4.72	1.89	11.19
Shareholders' Equity	3,192	3,181	3,363	3,339	2,850	2,618
Total Liabilities & Equity	4,555	4,458	4,518	4,463	4,097	4,239
Total Debt	425.5	512.47	481.02	584.93	734.89	893.1
Net Cash (Debt)	843.64	648.86	629.83	596.87	26.89	-224.4
Net Cash Growth	44.90%	3.02%	5.52%	2119.78%	-	-
Net Cash Per Share	0.95	0.73	0.71	0.70	0.04	-0.30
Filing Date Shares Outstanding	882.4	896.23	896.23	896.23	759.24	759.24
Total Common Shares Outstanding	884.23	896.23	896.23	896.23	759.24	759.24
Working Capital	2,037	2,023	2,243	2,126	1,740	1,989
Book Value Per Share	3.58	3.53	3.74	3.72	3.75	3.43
Tangible Book Value	2,915	2,912	3,089	3,021	2,517	2,295
Tangible Book Value Per Share	3.30	3.25	3.45	3.37	3.32	3.02
Land	2.16	1.57	1.9	-	-	-
Buildings	558.97	546.3	506.71	514.01	513.85	357.33
Machinery	815.96	800.98	789.32	647.05	643.31	611.67
Construction In Progress	92.42	57.92	22.99	135.72	25.57	63.09

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