Hang Zhou Iron & Steel 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	Sep '25 Sep 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	9,034	6,725	7,653	8,942	9,909	7,265
Trading Asset Securities	802.42	1,013	-	-	-	-
Cash & Short-Term Investments	9,836	7,738	7,653	8,942	9,909	7,265
Cash Growth	54.96%	1.11%	-14.41%	-9.76%	36.39%	8.10%
Accounts Receivable	1,442	2,019	1,910	1,077	1,510	1,861
Other Receivables	70.23	88.86	94.84	53.06	24.03	39.49
Receivables	1,512	2,107	2,005	1,130	1,534	1,900
Inventory	4,651	5,935	5,304	3,083	3,038	2,454
Prepaid Expenses	-	-	-	-	-	3.74
Other Current Assets	1,543	1,558	1,413	1,231	899.13	3,988
Total Current Assets	17,542	17,338	16,375	14,386	15,381	15,611
Property, Plant & Equipment	11,479	11,463	11,018	10,942	10,858	9,470
Long-Term Investments	1,763	1,215	1,270	914.56	619.29	318.53
Other Intangible Assets	2,576	2,692	2,208	2,133	2,219	2,284
Long-Term Deferred Tax Assets	103.08	109.85	108.59	110.36	97.76	67.15
Long-Term Deferred Charges	153.96	186.96	202.31	93.89	66.87	75.79
Other Long-Term Assets	52.04	11.43	19.76	36.99	21.48	23.35
Total Assets	33,668	33,016	31,201	28,617	29,263	27,850
Accounts Payable	8,569	9,415	6,140	5,168	4,744	2,913
Accrued Expenses	73.74	296.31	286.62	359.09	636.11	937.31
Short-Term Debt	214.58	612.93	1,643	349.02	201.1	50
Current Portion of Long-Term Debt	-	0.09	0.09	0.1	-	-
Current Portion of Leases	-	14.7	17.55	12.19	14.85	-
Current Income Taxes Payable	100.48	46.25	50.23	55.28	177.4	188.35
Current Unearned Revenue	3,617	1,996	1,914	1,660	2,134	1,982
Other Current Liabilities	913.49	701.9	612.16	480.32	474.67	1,515
Total Current Liabilities	13,489	13,083	10,664	8,084	8,382	7,586
Long-Term Debt	32.95	42.72	42.8	42.87	-	-
Long-Term Leases	105.6	103.62	110.49	133.26	125.35	-
Long-Term Unearned Revenue	253.78	155.27	130.93	100.52	100.32	89.23
Long-Term Deferred Tax Liabilities	1.29	3.61	25.66	26.61	44.76	-
Other Long-Term Liabilities	32.64	32.64	18.96	37.92	56.88	75.84
Total Liabilities	13,915	13,421	10,993	8,425	8,709	7,751
Common Stock	3,377	3,377	3,377	3,377	3,377	3,377
Additional Paid-In Capital	10,025	10,025	10,022	10,022	10,022	10,368
Retained Earnings	6,099	5,998	6,795	6,782	7,145	6,180
Comprehensive Income & Other	0.75	2.07	3.45	3.35	2.43	2.36
Total Common Equity	19,502	19,402	20,198	20,185	20,547	19,927
Minority Interest	251.26	192.81	10.74	7.2	6.94	171.87
Shareholders' Equity	19,753	19,595	20,209	20,192	20,554	20,099
Total Liabilities & Equity	33,668	33,016	31,201	28,617	29,263	27,850
Total Debt	353.13	774.06	1,814	537.43	341.3	50
Net Cash (Debt)	9,483	6,964	5,839	8,404	9,568	7,215
Net Cash Growth	78.40%	19.27%	-30.53%	-12.16%	32.61%	19.02%
Net Cash Per Share	2.92	2.11	1.60	2.44	2.86	2.16
Filing Date Shares Outstanding	3,377	3,377	3,377	3,377	3,377	3,377
Total Common Shares Outstanding	3,377	3,377	3,377	3,377	3,377	3,377
Working Capital	4,053	4,255	5,711	6,302	6,998	8,025
Book Value Per Share	5.77	5.75	5.98	5.98	6.08	5.90
Tangible Book Value	16,926	16,711	17,990	18,052	18,328	17,643
Tangible Book Value Per Share	5.01	4.95	5.33	5.35	5.43	5.22
Buildings	-	9,692	8,817	8,384	7,968	7,803
Machinery	-	14,593	13,663	13,086	13,608	12,280
Construction In Progress	-	1,051	1,626	1,847	1,346	694.58

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.