Hilong Holding Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	583.36	721.63	840.38	780.48	628.81	697.46
Short-Term Investments	156.82	325.26	204.71	89.16	189.25	154.33
Trading Asset Securities	-	-	-	-	-	23.38
Cash & Short-Term Investments	740.18	1,047	1,045	869.65	818.06	875.17
Cash Growth	15.17%	0.17%	20.17%	6.31%	-6.53%	-12.36%
Accounts Receivable	2,086	2,000	1,805	1,602	1,528	1,605
Other Receivables	631.57	514.62	554.93	241.27	222.45	176.88
Receivables	2,718	2,515	2,360	1,843	1,750	1,782
Inventory	1,237	1,400	1,476	1,261	1,480	1,001
Prepaid Expenses	-	134.26	151.19	36.91	-	-
Restricted Cash	42.35	44.71	93.01	95.76	60.38	77.62
Other Current Assets	277.72	24.82	15.74	505.12	17.47	357.59
Total Current Assets	5,015	5,166	5,141	4,612	4,127	4,093
Property, Plant & Equipment	1,346	2,417	2,369	2,587	2,433	2,725
Long-Term Investments	-	-	-	93.85	93.23	50.89
Goodwill	-	96.51	96.51	158.38	146.47	149.48
Other Intangible Assets	129.01	36.46	39.34	60.99	63.75	90.19
Long-Term Deferred Tax Assets	151.34	150.53	147.3	193.19	158.22	190.69
Long-Term Deferred Charges	151.9	141.07	109.34	80.98	25.92	43.19
Other Long-Term Assets	788.86	69.83	55.5	106.52	24.86	27.62
Total Assets	7,582	8,078	7,958	7,892	7,072	7,370
Accounts Payable	1,249	1,270	992.96	631.11	463.49	455.31
Accrued Expenses	404.2	293.84	207.13	266.49	188.88	278.25
Short-Term Debt	163.62	297.7	359.36	327.37	529.71	3,100
Current Portion of Long-Term Debt	2,316	2,389	2,385	374.37	77.64	2.09
Current Portion of Leases	7.56	9.78	7.08	4.52	5.89	10.21
Current Income Taxes Payable	74.53	131.5	85.57	53.54	44.8	39.87
Current Unearned Revenue	116.29	121.44	86.98	126.57	109.73	65.8
Other Current Liabilities	195.89	173.77	270.67	84.14	83.97	173.24
Total Current Liabilities	4,527	4,687	4,395	1,868	1,504	4,125
Long-Term Debt	-	-	119.44	2,593	2,433	23.67
Long-Term Leases	13.07	17.55	22.72	14.62	11.66	17.78
Long-Term Unearned Revenue	47.5	80.32	55.76	61.51	44.35	48.29
Long-Term Deferred Tax Liabilities	45.66	33.8	36.15	36.66	36.35	37.82
Total Liabilities	4,633	4,819	4,629	4,574	4,029	4,252
Common Stock	141.98	141.98	141.98	141.98	141.98	141.98
Additional Paid-In Capital	1,175	1,175	1,175	1,175	1,175	1,175
Retained Earnings	2,135	2,460	2,385	2,237	2,131	2,087
Comprehensive Income & Other	-498.11	-512.76	-366.78	-267.54	-432.56	-329.31
Total Common Equity	2,954	3,264	3,336	3,286	3,015	3,074
Minority Interest	-5.44	-4.79	-6.53	31.79	27.35	43.83
Shareholders' Equity	2,949	3,259	3,329	3,318	3,043	3,118
Total Liabilities & Equity	7,582	8,078	7,958	7,892	7,072	7,370
Total Debt	2,500	2,714	2,894	3,314	3,057	3,153
Net Cash (Debt)	-1,760	-1,667	-1,849	-2,444	-2,239	-2,278
Net Cash Per Share	-1.04	-0.98	-1.09	-1.44	-1.32	-1.34
Filing Date Shares Outstanding	1,696	1,696	1,696	1,696	1,696	1,696
Total Common Shares Outstanding	1,696	1,696	1,696	1,696	1,696	1,696
Working Capital	487.71	479.11	745.7	2,744	2,622	-31.19
Book Value Per Share	1.74	1.92	1.97	1.94	1.78	1.81
Tangible Book Value	2,825	3,131	3,200	3,067	2,805	2,835
Tangible Book Value Per Share	1.67	1.85	1.89	1.81	1.65	1.67
Land	-	18.64	24.24	29.6	379.83	543.63
Buildings	-	299	266.2	362.55	-	-
Machinery	-	3,534	3,260	4,089	3,637	3,773
Construction In Progress	-	115.29	97.09	121.06	133.23	59.21
Leasehold Improvements	-	6.26	6.26	7.73	7.73	7.73

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