HG Semiconductor 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	45.78	8.78	49.29	43.79	113.64	9.17
Trading Asset Securities	32.12	34.63	34.44	33.9	25.38	-
Cash & Short-Term Investments	77.91	43.41	83.73	77.69	139.02	9.17
Cash Growth	38.40%	-48.15%	7.76%	-44.11%	1415.40%	-69.71%
Accounts Receivable	75.69	67.24	68.69	77.27	97.38	114.42
Other Receivables	32.69	36.49	68.17	33.24	0.28	0.07
Receivables	108.38	103.73	136.87	110.51	97.66	114.49
Inventory	55.87	59.02	48.79	58.95	35.62	38.41
Other Current Assets	-	45.5	37.88	39.23	42.13	21.52
Total Current Assets	280.2	251.66	307.26	286.38	314.43	183.6
Property, Plant & Equipment	196.83	189.98	189.11	108.9	58.63	33.59
Long-Term Investments	98.37	181.93	224.44	198.87	186.33	-
Other Intangible Assets	0.34	0.45	5.2	71.17	63.95	0.9
Long-Term Deferred Tax Assets	4.19	4.19	6.43	2.05	1.69	1.84
Other Long-Term Assets	1.41	1.41	32.44	50.95	40.84	0.65
Total Assets	581.34	629.61	764.89	718.31	665.87	220.58
Accounts Payable	15.09	19.35	11.02	23.26	18.64	22.79
Accrued Expenses	-	3.51	2.94	4.81	2.61	0.91
Short-Term Debt	10	10	10	41.14	7	13
Current Portion of Leases	3.1	3.04	1.83	7.52	6.65	1.03
Current Income Taxes Payable	-	-	-	-	-	4.66
Other Current Liabilities	15.15	12.32	13.66	20.44	3.76	4.9
Total Current Liabilities	43.34	48.21	39.45	97.17	38.66	47.29
Long-Term Leases	5.07	3.62	4.83	11.2	17.87	1.13
Total Liabilities	48.41	51.83	44.28	108.36	56.53	48.42
Common Stock	8.42	6.66	6.66	5.1	4.94	3.58
Additional Paid-In Capital	1,185	1,103	1,103	963.79	913.6	82.13
Retained Earnings	-656.57	-598.88	-506.52	-448.94	-356.25	90.58
Comprehensive Income & Other	-34.55	29.93	80.47	73.8	47.05	-4.13
Total Common Equity	502.69	540.84	683.73	593.75	609.34	172.16
Minority Interest	30.24	36.95	36.88	16.19	-	-
Shareholders' Equity	532.93	577.79	720.61	609.95	609.34	172.16
Total Liabilities & Equity	581.34	629.61	764.89	718.31	665.87	220.58
Total Debt	18.18	16.65	16.66	59.85	31.52	15.16
Net Cash (Debt)	59.73	26.76	67.07	17.84	107.5	-5.98
Net Cash Growth	48.46%	-60.11%	275.95%	-83.41%	-	-
Net Cash Per Share	0.07	0.03	0.10	0.03	0.22	-0.01
Filing Date Shares Outstanding	938.82	938.82	751.05	581.6	563.59	400
Total Common Shares Outstanding	938.82	751.05	751.05	581.6	563.59	400
Working Capital	236.86	203.46	267.82	189.22	275.76	136.31
Book Value Per Share	0.54	0.72	0.91	1.02	1.08	0.43
Tangible Book Value	502.35	540.39	678.53	522.59	545.39	171.26
Tangible Book Value Per Share	0.54	0.72	0.90	0.90	0.97	0.43
Machinery	-	171.89	109.68	78.5	70.99	61.88
Construction In Progress	-	69	111.17	54.51	-	-
Leasehold Improvements	-	3.36	0.2	0.2	0.2	0.2

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