Balance Sheet

Current Liabilities	556.9m
Accounts Payable	227.1m
Accrued Liabilities	26.9m
Short-Term Debt	230.4m
Other Current Liabilities	72.4m
Non-Current Liabilities	36.5m
Long-Term Debt	25.3m
Other Non-Current Liabilities	11.2m

Currency: CNY

	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	433	439	586	798	671	866
Cash	433	439	586	798	671	866
Short-Term Investments	0	0	46	1 307	1 564	1 767
Total Receivables	156	205	214	227	197	316
Accounts Receivables	136	179	172	178	163	273
Other Receivables	20	27	42	48	34	42
Inventory	128	213	280	393	296	255
Other Current Assets	79	55	52	83	41	30
Total Current Assets	796	913	1 179	2 808	2 769	3 217
PP&E Net	106	111	130	229	282	253
PP&E Gross	106	111	130	229	282	253
Accumulated Depreciation	46	57	68	123	174	223
Intangible Assets	18	17	16	35	34	33
Long-Term Investments	0	0	0	0	5	21
Other Long-Term Assets	11	14	18	25	29	37
Total Assets	931 N/A	1 056 +13%	1 344 +27%	3 097 +131%	3 118 +1%	3 561 +14%
Liabilities
Accounts Payable	175	209	246	230	136	242
Accrued Liabilities	27	32	32	26	22	33
Short-Term Debt	151	145	184	210	67	127
Current Portion of Long-Term Debt	0	0	0	28	31	36
Other Current Liabilities	142	12	23	24	26	20
Total Current Liabilities	495	398	484	520	282	459
Long-Term Debt	0	0	0	70	121	87
Deferred Income Tax	2	2	2	3	8	5
Other Liabilities	1	2	4	10	9	6
Total Liabilities	498 N/A	401 -19%	490 +22%	602 +23%	419 -30%	557 +33%
Equity
Common Stock	55	60	60	80	128	128
Retained Earnings	97	210	415	708	882	1 162
Additional Paid In Capital	282	385	385	1 718	1 670	1 688
Other Equity	1	0	7	11	18	25
Total Equity	433 N/A	655 +51%	853 +30%	2 495 +192%	2 699 +8%	3 004 +11%
Total Liabilities & Equity	931 N/A	1 056 +13%	1 344 +27%	3 097 +131%	3 118 +1%	3 561 +14%
Shares Outstanding
Common Shares Outstanding	128	128	128	166	166	128

HHC Changzhou Corp
SZSE:301061

52 Week Range	31.0101 65
Price Target