Hengdeli Holdings 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	1,196	937.04	990.82	1,050	661.02	1,015
Short-Term Investments	100.88	329.6	318.44	272.7	273.8	226.88
Trading Asset Securities	20.55	12.18	10.65	7.34	11.59	29.15
Cash & Short-Term Investments	1,317	1,279	1,320	1,330	946.4	1,271
Cash Growth	4.00%	-3.11%	-0.78%	40.56%	-25.54%	-25.17%
Accounts Receivable	531.73	458.65	338.54	342.83	339.97	187.2
Other Receivables	0.03	85.74	120.21	128.02	48.23	51.35
Receivables	565.84	600.31	538.78	642.7	624.46	451.83
Inventory	141.5	175.43	258.12	237.77	597.51	653.11
Prepaid Expenses	-	50.87	53.55	128.37	86.42	83.89
Total Current Assets	2,024	2,105	2,170	2,339	2,255	2,460
Property, Plant & Equipment	528.8	538.21	551.14	512.03	515.75	479.3
Long-Term Investments	529.9	563.4	505.97	488.11	576.47	487.25
Goodwill	52.73	53.73	52.61	52.01	49.24	63.55
Other Intangible Assets	5.68	5.25	2.73	3.42	2.86	2.77
Long-Term Deferred Tax Assets	0.84	1.13	3.26	2.72	0.32	0.05
Other Long-Term Assets	264.17	267	313.11	128.44	131.97	135.7
Total Assets	3,406	3,534	3,599	3,526	3,531	3,628
Accounts Payable	68.27	97.83	144.58	119.37	99.98	55.29
Current Portion of Long-Term Debt	36.05	45.95	76.65	56.8	46.93	2.32
Current Portion of Leases	10.18	9.19	8.31	10.8	11.77	12.25
Current Income Taxes Payable	0.17	3.01	2.85	4.96	3.59	5.18
Current Unearned Revenue	23.86	29.75	20.87	16.86	3.28	10.22
Other Current Liabilities	37.58	41.2	61.47	65.71	53.89	52.05
Total Current Liabilities	176.12	226.92	314.73	274.5	219.44	137.31
Long-Term Debt	12.81	12.05	17.48	24.92	26.95	27.6
Long-Term Leases	12.62	15.66	21.31	6.54	12.08	21.42
Long-Term Deferred Tax Liabilities	-	-	-	-	0.45	2.33
Total Liabilities	201.55	254.64	353.52	305.96	258.93	188.65
Common Stock	21.25	21.25	21.25	21.25	21.52	22.34
Additional Paid-In Capital	2,554	2,554	2,554	2,554	2,571	2,620
Retained Earnings	799.52	773.21	866.31	871.15	963.05	922.07
Comprehensive Income & Other	-239.59	-138.87	-255.51	-284.85	-350.54	-198.12
Total Common Equity	3,135	3,210	3,186	3,162	3,205	3,367
Minority Interest	69.67	69.93	59.6	58.29	67.87	73.12
Shareholders' Equity	3,205	3,280	3,246	3,220	3,272	3,440
Total Liabilities & Equity	3,406	3,534	3,599	3,526	3,531	3,628
Total Debt	71.67	82.86	123.76	99.07	97.73	63.58
Net Cash (Debt)	1,245	1,196	1,196	1,231	848.67	1,207
Net Cash Growth	9.14%	-0.02%	-2.84%	45.07%	-29.71%	-6.28%
Net Cash Per Share	0.28	0.27	0.27	0.28	0.19	0.26
Filing Date Shares Outstanding	4,404	4,404	4,404	4,404	4,465	4,663
Total Common Shares Outstanding	4,404	4,404	4,404	4,404	4,465	4,663
Working Capital	1,848	1,879	1,856	2,065	2,035	2,323
Book Value Per Share	0.71	0.73	0.72	0.72	0.72	0.72
Tangible Book Value	3,077	3,151	3,131	3,106	3,153	3,300
Tangible Book Value Per Share	0.70	0.72	0.71	0.71	0.71	0.71
Land	-	514.89	497.62	72.49	73.49	73.95
Buildings	-	-	-	353.21	320.86	306.5
Machinery	-	177.28	170.98	169.18	152.9	138.1
Construction In Progress	-	22.39	26.06	82.13	95.35	66.06
Leasehold Improvements	-	108.93	94.1	63.94	57.59	45.31

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