Hong Kong Highpower Technology, Inc.Shenzhen, China (AMEX: HPJ)

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Hong Kong Highpower Technology Balance Sheet

All amounts in millions of except per share amounts.
View: Annual
Assets Dec 07 Dec 06 Dec 05
Current Assets
Cash 1.5 0.5 0.5
Net Receivables 15.9 8.1 4.8
Inventories 14.4 15.6 5.7
Other Current Assets 8.4 4.3 1.9
Total Current Assets 40.2 28.6 12.9
Net Fixed Assets 6.7 3.2 1.7
Other Noncurrent Assets 2.1 0.0 0.0
Total Assets 48.9 31.7 14.6
Liabilities and Shareholder's Equity Dec 07 Dec 06 Dec 05
Current Liabilities
Accounts Payable 19.6 17.3 8.5
Short-Term Debt 15.4 6.0 1.0
Other Current Liabilities 2.4 1.3 1.3
Total Current Liabilities 37.4 24.6 10.7
Long-Term Debt 0.0 0.0 0.0
Other Noncurrent Liabilities 0.0 0.0 0.0
Total Liabilities 37.4 24.6 10.7

Shareholder's Equity
Preferred Stock Equity 0.0 0.0 0.0
Common Stock Equity 11.6 7.2 3.9
Total Equity 11.6 7.2 3.9
Shares Outstanding (mil.) 0.0 0.0 0.0