Zhejiang Hengtong Holding 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	459.71	635.26	726.81	892.56	353	76.15
Trading Asset Securities	81.49	211.65	220.25	142.74	75.97	24.93
Cash & Short-Term Investments	541.2	846.91	947.06	1,035	428.96	101.08
Cash Growth	-33.02%	-10.57%	-8.52%	141.35%	324.36%	0.97%
Accounts Receivable	512.61	324.12	96.11	78.67	100.65	41.57
Other Receivables	68.79	7.43	11.75	12.95	92.03	601.37
Receivables	581.4	331.55	107.86	91.62	192.67	642.94
Inventory	302.37	262.74	192.93	52.17	80.44	85.35
Other Current Assets	133.11	61.27	109.99	29.68	27.63	160.47
Total Current Assets	1,558	1,502	1,358	1,209	729.71	989.84
Property, Plant & Equipment	1,162	1,105	981.01	584.01	409.29	442.21
Long-Term Investments	1,870	1,762	1,819	1,586	1,636	1,541
Other Intangible Assets	81.33	29.24	29.85	31.39	32.4	34.81
Long-Term Deferred Tax Assets	2.6	2.95	6.75	1.6	2.7	2.88
Long-Term Deferred Charges	25.7	27.5	1.98	0.6	0.43	6.81
Other Long-Term Assets	154.31	66.58	118.61	194.47	133.86	33.3
Total Assets	4,853	4,496	4,315	3,607	2,945	3,050
Accounts Payable	379.56	148.23	64.58	91.46	101.65	46.03
Accrued Expenses	14.26	33.59	31.68	26.54	25.78	36.95
Short-Term Debt	95.32	-	82.4	3.99	-	95.54
Current Portion of Long-Term Debt	92.52	88.43	-	-	-	75.94
Current Portion of Leases	-	53.29	5.45	7.37	4.96	-
Current Income Taxes Payable	7.01	27.02	20.68	39.03	8.34	22.43
Current Unearned Revenue	7.58	11.93	15.49	10.61	11.84	23.16
Other Current Liabilities	95.11	238.67	233.21	63.82	69.42	90.67
Total Current Liabilities	691.37	601.16	453.49	242.82	221.99	390.72
Long-Term Debt	440.47	316.89	307.3	89.12	-	25.1
Long-Term Leases	2.79	70.45	7.52	4.94	0.74	-
Long-Term Unearned Revenue	105.13	91.39	57.68	2	3.9	6.01
Long-Term Deferred Tax Liabilities	0.06	0.07	0.05	0.43	-	-
Other Long-Term Liabilities	-	0.57	-	-	62	-
Total Liabilities	1,240	1,081	826.05	339.31	288.64	421.83
Common Stock	2,974	3,059	3,115	3,115	3,129	3,129
Additional Paid-In Capital	90.91	130.95	308.65	390.25	345.81	342.83
Retained Earnings	557.24	433.84	244.38	78.62	-403.8	-778.83
Treasury Stock	-	-200.04	-400.08	-400.08	-400.14	-50.1
Comprehensive Income & Other	-8.88	-8.54	-8.93	-9.35	-11.39	-10.91
Total Common Equity	3,614	3,415	3,259	3,175	2,659	2,632
Minority Interest	-	-	229.38	93	-3.34	-3.42
Shareholders' Equity	3,614	3,415	3,489	3,268	2,656	2,629
Total Liabilities & Equity	4,853	4,496	4,315	3,607	2,945	3,050
Total Debt	631.11	529.05	402.68	105.42	5.7	196.58
Net Cash (Debt)	-89.91	317.87	544.38	929.87	423.26	-95.5
Net Cash Growth	-	-41.61%	-41.46%	119.69%	-	-
Net Cash Per Share	-0.03	0.10	0.20	0.31	0.14	-0.03
Filing Date Shares Outstanding	2,974	2,974	2,944	2,944	2,967	3,115
Total Common Shares Outstanding	2,974	2,974	2,944	2,944	2,967	3,115
Working Capital	866.71	901.31	904.35	965.96	507.72	599.12
Book Value Per Share	1.21	1.15	1.11	1.08	0.90	0.84
Tangible Book Value	3,532	3,386	3,229	3,143	2,627	2,597
Tangible Book Value Per Share	1.19	1.14	1.10	1.07	0.89	0.83
Buildings	-	324.6	324.86	332.88	349.49	354.16
Machinery	-	1,176	597.31	555.65	561.07	559.71
Construction In Progress	-	144.63	619.73	232.68	6.82	3.12

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