Hilong Holding 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	777.62	721.63	840.38	780.48	628.81
Short-Term Investments	25.52	325.26	204.71	89.16	189.25
Trading Asset Securities	176.59	-	-	-	-
Cash & Short-Term Investments	979.74	1,047	1,045	869.65	818.06
Cash Growth	-6.42%	0.17%	20.17%	6.31%	-6.53%
Accounts Receivable	2,442	2,000	1,805	1,602	1,528
Other Receivables	1,069	514.62	554.93	241.27	222.45
Receivables	3,512	2,515	2,360	1,843	1,750
Inventory	1,060	1,400	1,476	1,261	1,480
Prepaid Expenses	-	134.26	151.19	36.91	-
Restricted Cash	112.14	44.71	93.01	95.76	60.38
Other Current Assets	340.37	24.82	15.74	505.12	17.47
Total Current Assets	6,004	5,166	5,141	4,612	4,127
Property, Plant & Equipment	1,294	2,417	2,369	2,587	2,433
Long-Term Investments	-	-	-	93.85	93.23
Goodwill	-	96.51	96.51	158.38	146.47
Other Intangible Assets	136.84	36.46	39.34	60.99	63.75
Long-Term Deferred Tax Assets	120.05	150.53	147.3	193.19	158.22
Long-Term Deferred Charges	55.75	141.07	109.34	80.98	25.92
Other Long-Term Assets	38.62	69.83	55.5	106.52	24.86
Total Assets	7,649	8,078	7,958	7,892	7,072
Accounts Payable	1,260	1,270	992.96	631.11	463.49
Accrued Expenses	-	293.84	207.13	266.49	188.88
Short-Term Debt	103.22	297.7	359.36	327.37	529.71
Current Portion of Long-Term Debt	2,246	2,389	2,385	374.37	77.64
Current Portion of Leases	10.67	9.78	7.08	4.52	5.89
Current Income Taxes Payable	84.95	131.5	85.57	53.54	44.8
Current Unearned Revenue	98.67	121.44	86.98	126.57	109.73
Other Current Liabilities	777.09	173.77	270.67	84.14	83.97
Total Current Liabilities	4,580	4,687	4,395	1,868	1,504
Long-Term Debt	-	-	119.44	2,593	2,433
Long-Term Leases	14.59	17.55	22.72	14.62	11.66
Long-Term Unearned Revenue	49.03	80.32	55.76	61.51	44.35
Long-Term Deferred Tax Liabilities	38.28	33.8	36.15	36.66	36.35
Total Liabilities	4,682	4,819	4,629	4,574	4,029
Common Stock	141.98	141.98	141.98	141.98	141.98
Additional Paid-In Capital	-	1,175	1,175	1,175	1,175
Retained Earnings	1,992	2,460	2,385	2,237	2,131
Comprehensive Income & Other	834.89	-512.76	-366.78	-267.54	-432.56
Total Common Equity	2,969	3,264	3,336	3,286	3,015
Minority Interest	-2.58	-4.79	-6.53	31.79	27.35
Shareholders' Equity	2,967	3,259	3,329	3,318	3,043
Total Liabilities & Equity	7,649	8,078	7,958	7,892	7,072
Total Debt	2,374	2,714	2,894	3,314	3,057
Net Cash (Debt)	-1,395	-1,667	-1,849	-2,444	-2,239
Net Cash Per Share	-0.83	-0.98	-1.09	-1.44	-1.32
Filing Date Shares Outstanding	1,664	1,696	1,696	1,696	1,696
Total Common Shares Outstanding	1,664	1,696	1,696	1,696	1,696
Working Capital	1,424	479.11	745.7	2,744	2,622
Book Value Per Share	1.78	1.92	1.97	1.94	1.78
Tangible Book Value	2,833	3,131	3,200	3,067	2,805
Tangible Book Value Per Share	1.70	1.85	1.89	1.81	1.65
Land	-	18.64	24.24	29.6	379.83
Buildings	-	299	266.2	362.55	-
Machinery	-	3,534	3,260	4,089	3,637
Construction In Progress	-	115.29	97.09	121.06	133.23
Leasehold Improvements	-	6.26	6.26	7.73	7.73

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