HB Global 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	1.58	2.78	0.45	2.23	10.89
Cash & Short-Term Investments	1.58	2.78	0.45	2.23	10.89
Cash Growth	-43.00%	522.65%	-80.01%	-79.51%	5881.87%
Accounts Receivable	22.7	16.54	13.43	21.25	84.94
Other Receivables	-	0.02	0.01	1	1.64
Receivables	22.7	16.56	13.44	22.25	86.58
Inventory	5.31	4.96	6.88	11.08	7.85
Prepaid Expenses	0.64	0.01	-	0.03	0.31
Other Current Assets	-	0.01	0.01	0.04	90.05
Total Current Assets	30.24	24.32	20.77	35.63	195.66
Property, Plant & Equipment	149.31	160.15	169.94	195.35	210.7
Long-Term Investments	0.01	-	-	-	-
Other Intangible Assets	29.92	30.77	31.62	39.33	83.24
Other Long-Term Assets	-	-	-	-	3.87
Total Assets	209.47	215.23	222.34	270.31	493.48
Accounts Payable	8	2.15	0.06	0.12	22.17
Accrued Expenses	-	3.61	10.53	5.83	5.56
Short-Term Debt	-	-	-	41.99	63.98
Current Portion of Long-Term Debt	10.48	8.9	47.09	8.91	16.57
Current Portion of Leases	0.44	0.21	-	-	0.66
Other Current Liabilities	-	3.08	2.3	8.22	8.76
Total Current Liabilities	18.92	17.95	59.98	65.06	117.69
Long-Term Debt	40.72	39	-	-	6.35
Long-Term Leases	-	-	-	-	1.55
Total Liabilities	59.64	56.95	59.98	65.06	125.59
Common Stock	260.13	260.13	260.13	259.35	257.46
Retained Earnings	-93.51	-85.6	-81.99	-36.16	129.38
Comprehensive Income & Other	-16.78	-16.24	-15.78	-17.85	-17.48
Total Common Equity	149.83	158.28	162.36	205.34	369.36
Minority Interest	-	-	-	-0.1	-1.47
Shareholders' Equity	149.83	158.28	162.36	205.25	367.89
Total Liabilities & Equity	209.47	215.23	222.34	270.31	493.48
Total Debt	51.64	48.11	47.09	50.9	89.1
Net Cash (Debt)	-50.06	-45.33	-46.64	-48.67	-78.21
Net Cash Per Share	-0.06	-0.06	-0.06	-0.06	-0.10
Filing Date Shares Outstanding	781.99	781.99	781.99	777.71	770.01
Total Common Shares Outstanding	781.99	781.99	781.99	777.71	770.01
Working Capital	11.32	6.36	-39.21	-29.43	77.97
Book Value Per Share	0.19	0.20	0.21	0.26	0.48
Tangible Book Value	119.92	127.52	130.74	166.02	286.12
Tangible Book Value Per Share	0.15	0.16	0.17	0.21	0.37
Land	-	0.7	-	-	-
Buildings	-	288.03	288.03	300.61	300.15
Machinery	-	31.65	31.61	31.62	39.89

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