China Hongqiao Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	51,187	44,770	31,721	27,385	49,227
Short-Term Investments	3,002	-	-	-	-
Trading Asset Securities	4,873	-	-	2.12	0.1
Cash & Short-Term Investments	59,062	44,770	31,721	27,387	49,227
Cash Growth	31.92%	41.14%	15.83%	-44.37%	8.27%
Accounts Receivable	9,625	16,755	11,049	10,570	19,527
Other Receivables	3,424	3,340	3,357	4,099	3,261
Receivables	13,048	20,096	14,405	14,669	22,788
Inventory	36,636	37,344	33,958	37,268	22,705
Prepaid Expenses	-	-	929.99	661.04	3,626
Other Current Assets	5,821	7,615	6,380	7,583	5,182
Total Current Assets	114,567	109,825	87,395	87,568	103,528
Property, Plant & Equipment	88,948	85,061	79,876	75,733	69,160
Long-Term Investments	35,969	27,950	26,655	14,338	9,623
Goodwill	197.81	278.22	278.22	278.22	278.22
Other Intangible Assets	58.4	45.35	42.91	34.29	32.6
Long-Term Deferred Tax Assets	2,934	2,622	2,990	2,605	2,617
Other Long-Term Assets	704.12	1,384	1,083	3,185	1,182
Total Assets	245,379	229,165	200,320	185,742	188,421
Accounts Payable	11,189	14,931	11,648	14,911	18,735
Accrued Expenses	2,722	2,690	2,442	3,001	2,996
Short-Term Debt	2,000	3,000	7,000	3,000	1,500
Current Portion of Long-Term Debt	25,129	42,104	42,118	40,434	27,877
Current Portion of Leases	49	25.43	37.95	16.16	10.37
Current Income Taxes Payable	2,251	3,674	2,586	618.26	2,720
Current Unearned Revenue	2,030	1,904	1,239	1,794	1,794
Other Current Liabilities	8,720	8,655	6,957	7,598	7,434
Total Current Liabilities	54,089	76,983	74,029	71,373	63,067
Long-Term Debt	44,381	25,781	13,792	16,236	30,973
Long-Term Leases	968.18	932.05	916.71	51.76	51.36
Long-Term Unearned Revenue	1,714	1,528	1,475	794.29	835.38
Long-Term Deferred Tax Liabilities	750.35	488.06	363.7	523.8	814
Other Long-Term Liabilities	1,765	4,840	3,487	457.01	241.27
Total Liabilities	103,669	110,552	94,064	89,436	95,982
Common Stock	651.16	618.88	618.88	618.88	595.14
Additional Paid-In Capital	36,073	25,041	25,041	-	22,833
Retained Earnings	94,566	80,597	66,692	-	58,542
Comprehensive Income & Other	1,303	1,544	-107.5	83,880	-662.31
Total Common Equity	132,593	107,800	92,245	84,499	81,308
Minority Interest	9,117	10,814	14,012	11,807	11,131
Shareholders' Equity	141,710	118,613	106,256	96,306	92,439
Total Liabilities & Equity	245,379	229,165	200,320	185,742	188,421
Total Debt	72,528	71,843	63,864	59,738	60,412
Net Cash (Debt)	-13,466	-27,072	-32,143	-32,351	-11,185
Net Cash Per Share	-1.42	-2.86	-3.28	-3.48	-1.16
Filing Date Shares Outstanding	9,932	9,476	9,476	9,476	9,121
Total Common Shares Outstanding	9,932	9,476	9,476	9,476	9,121
Working Capital	60,478	32,842	13,366	16,195	40,462
Book Value Per Share	13.35	11.38	9.74	8.92	8.91
Tangible Book Value	132,337	107,476	91,924	84,186	80,997
Tangible Book Value Per Share	13.32	11.34	9.70	8.88	8.88
Buildings	62,420	54,269	51,394	47,800	40,745
Machinery	80,609	68,119	68,557	66,414	61,784
Construction In Progress	7,280	17,778	9,019	7,170	8,358

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