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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	5,783	5,999	6,725	7,653	8,942	9,909
Trading Asset Securities	-	1,400	1,013	-	-	-
Cash & Short-Term Investments	5,783	7,399	7,738	7,653	8,942	9,909
Cash Growth	3.54%	-4.38%	1.11%	-14.41%	-9.76%	36.39%
Accounts Receivable	1,587	1,266	2,019	1,910	1,077	1,510
Other Receivables	64.58	37.22	88.86	94.84	53.06	24.03
Receivables	1,652	1,303	2,107	2,005	1,130	1,534
Inventory	4,320	3,847	5,935	5,304	3,083	3,038
Other Current Assets	1,819	2,287	1,558	1,413	1,231	899.13
Total Current Assets	13,574	14,835	17,338	16,375	14,386	15,381
Property, Plant & Equipment	11,517	11,640	11,463	11,018	10,942	10,858
Long-Term Investments	1,738	1,786	1,215	1,270	914.56	619.29
Other Intangible Assets	2,537	2,563	2,692	2,208	2,133	2,219
Long-Term Deferred Tax Assets	131.48	127.13	109.85	108.59	110.36	97.76
Long-Term Deferred Charges	131.23	140.74	186.96	202.31	93.89	66.87
Other Long-Term Assets	53.29	79.57	11.43	19.76	36.99	21.48
Total Assets	29,682	31,171	33,016	31,201	28,617	29,263
Accounts Payable	5,053	5,430	9,415	6,140	5,168	4,744
Accrued Expenses	49.71	66.82	296.31	286.62	359.09	636.11
Short-Term Debt	737.4	2,837	612.93	1,643	349.02	201.1
Current Portion of Long-Term Debt	48.96	45.89	0.09	0.09	0.1	-
Current Portion of Leases	-	-	14.7	17.55	12.19	14.85
Current Income Taxes Payable	94.25	169.03	46.25	50.23	55.28	177.4
Current Unearned Revenue	2,742	1,880	1,996	1,914	1,660	2,134
Other Current Liabilities	687.48	608.51	701.9	612.16	480.32	474.67
Total Current Liabilities	9,413	11,038	13,083	10,664	8,084	8,382
Long-Term Debt	129.52	22.21	42.72	42.8	42.87	-
Long-Term Leases	97.27	92.62	103.62	110.49	133.26	125.35
Long-Term Unearned Revenue	317.82	308.2	155.27	130.93	100.52	100.32
Long-Term Deferred Tax Liabilities	0.85	1.15	3.61	25.66	26.61	44.76
Other Long-Term Liabilities	32.64	32.64	32.64	18.96	37.92	56.88
Total Liabilities	9,991	11,494	13,421	10,993	8,425	8,709
Common Stock	3,377	3,377	3,377	3,377	3,377	3,377
Additional Paid-In Capital	10,025	10,025	10,025	10,022	10,022	10,022
Retained Earnings	6,032	6,022	5,998	6,795	6,782	7,145
Comprehensive Income & Other	4.71	0.56	2.07	3.45	3.35	2.43
Total Common Equity	19,439	19,425	19,402	20,198	20,185	20,547
Minority Interest	252.15	251.82	192.81	10.74	7.2	6.94
Shareholders' Equity	19,691	19,677	19,595	20,209	20,192	20,554
Total Liabilities & Equity	29,682	31,171	33,016	31,201	28,617	29,263
Total Debt	1,013	2,998	774.06	1,814	537.43	341.3
Net Cash (Debt)	4,770	4,401	6,964	5,839	8,404	9,568
Net Cash Growth	1.01%	-36.81%	19.27%	-30.53%	-12.16%	32.61%
Net Cash Per Share	2.04	1.82	2.11	1.60	2.44	2.86
Filing Date Shares Outstanding	3,203	-	3,377	3,377	3,377	3,377
Total Common Shares Outstanding	3,203	-	3,377	3,377	3,377	3,377
Working Capital	4,161	3,798	4,255	5,711	6,302	6,998
Book Value Per Share	6.07	-	5.75	5.98	5.98	6.08
Tangible Book Value	16,902	16,862	16,711	17,990	18,052	18,328
Tangible Book Value Per Share	5.28	-	4.95	5.33	5.35	5.43
Buildings	-	-	9,692	8,817	8,384	7,968
Machinery	-	-	14,593	13,663	13,086	13,608
Construction In Progress	-	-	1,051	1,626	1,847	1,346

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