Haier Smart Home 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	50,580	47,622	55,598	57,256	54,162	46,097
Short-Term Investments	11,011	9,989	1,931	1,530	1,642	316.59
Trading Asset Securities	5,084	2,034	1,240	957	519.91	2,786
Cash & Short-Term Investments	66,675	59,645	58,769	59,743	56,325	49,200
Cash Growth	9.66%	1.49%	-1.63%	6.07%	14.48%	0.03%
Accounts Receivable	36,767	36,344	40,086	31,934	25,821	28,284
Other Receivables	3,445	3,549	3,887	3,295	2,401	2,214
Receivables	40,212	39,893	43,972	35,229	28,222	30,499
Inventory	46,578	46,849	43,190	39,524	41,588	39,914
Other Current Assets	8,121	6,447	6,183	4,417	4,345	4,299
Total Current Assets	161,585	152,833	152,114	138,913	130,479	123,912
Property, Plant & Equipment	51,076	51,263	49,141	44,154	35,048	29,221
Long-Term Investments	41,468	43,545	42,481	35,718	31,414	28,053
Goodwill	26,770	27,300	27,384	24,483	23,644	21,827
Other Intangible Assets	13,766	14,225	14,043	12,454	10,506	9,550
Long-Term Deferred Tax Assets	2,503	2,779	2,477	1,849	1,724	1,857
Long-Term Deferred Charges	1,143	1,079	865.48	1,013	914.36	817.04
Other Long-Term Assets	2,264	2,770	2,230	2,483	2,289	2,503
Total Assets	300,575	295,795	290,736	261,068	236,018	217,741
Accounts Payable	78,314	77,415	75,886	72,179	66,984	67,386
Accrued Expenses	4,038	9,388	8,906	6,322	5,122	5,324
Short-Term Debt	22,657	17,421	13,784	10,895	9,672	11,226
Current Portion of Long-Term Debt	-	4,400	10,365	161.13	2,854	6,766
Current Portion of Leases	-	1,631	1,352	1,339	903.25	687.99
Current Income Taxes Payable	3,543	2,130	2,650	1,586	1,705	1,309
Current Unearned Revenue	5,208	8,535	10,865	7,849	9,353	10,027
Other Current Liabilities	24,470	21,426	25,947	23,482	22,177	22,161
Total Current Liabilities	138,230	142,346	149,755	123,814	118,771	124,887
Long-Term Debt	14,936	14,666	9,665	18,365	13,591	3,373
Long-Term Leases	4,484	4,551	4,481	3,430	2,824	1,961
Long-Term Unearned Revenue	1,454	1,441	1,252	1,237	948.94	852.79
Pension & Post-Retirement Benefits	-	1,587	1,766	364.21	417.07	517.08
Long-Term Deferred Tax Liabilities	1,642	1,631	1,547	1,528	2,359	2,122
Other Long-Term Liabilities	5,036	3,594	3,468	4,799	2,356	2,754
Total Liabilities	165,781	169,818	171,935	153,537	141,267	136,467
Common Stock	9,378	9,378	9,383	9,438	9,447	9,399
Additional Paid-In Capital	-	20,367	20,310	19,669	23,882	22,665
Retained Earnings	97,465	92,783	84,771	73,378	61,998	51,404
Treasury Stock	-4,732	-4,261	-3,511	-5,034	-3,858	-2,424
Comprehensive Income & Other	23,077	432.01	825.5	3,814	1,991	-1,059
Total Common Equity	125,188	118,698	111,779	101,266	93,459	79,985
Minority Interest	9,606	7,279	7,023	6,264	1,291	1,290
Shareholders' Equity	134,794	125,977	118,802	107,530	94,750	81,275
Total Liabilities & Equity	300,575	295,795	290,736	261,068	236,018	217,741
Total Debt	42,077	42,669	39,648	34,191	29,845	24,014
Net Cash (Debt)	24,599	16,975	19,121	25,552	26,479	25,186
Net Cash Growth	-5.44%	-11.22%	-25.17%	-3.50%	5.13%	160.08%
Net Cash Per Share	2.64	1.82	2.06	2.74	2.83	2.70
Filing Date Shares Outstanding	9,303	9,308	9,323	9,116	9,247	9,209
Total Common Shares Outstanding	9,303	9,308	9,323	9,116	9,247	9,209
Working Capital	23,356	10,487	2,359	15,099	11,708	-974.87
Book Value Per Share	13.46	12.75	11.99	11.11	10.11	8.67
Tangible Book Value	84,651	77,173	70,352	64,329	59,310	48,608
Tangible Book Value Per Share	9.10	8.29	7.55	7.06	6.41	5.27
Buildings	-	26,496	23,545	20,178	14,609	11,324
Machinery	-	44,317	42,115	37,577	32,826	27,763
Construction In Progress	-	4,885	5,686	5,952	4,095	4,183

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