HNA Technology 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	3,019	3,421	3,759	3,942	6,326	7,711
Trading Asset Securities	3.02	1.75	-	-	13.6	2,136
Cash & Short-Term Investments	3,022	3,423	3,759	3,942	6,339	9,847
Cash Growth	-10.91%	-8.93%	-4.64%	-37.82%	-35.62%	-5.47%
Accounts Receivable	282.76	224.83	25.26	11.79	15.32	25.93
Other Receivables	402.81	262.14	349.46	438.76	43.55	10.26
Receivables	685.57	486.97	374.72	450.55	58.87	36.19
Inventory	289.39	182.37	167.86	130.7	39.43	15.53
Prepaid Expenses	-	20.79	18.47	26.93	-	-
Other Current Assets	107.4	23.71	9.6	5.25	0.56	1.56
Total Current Assets	4,105	4,137	4,330	4,555	6,438	9,900
Property, Plant & Equipment	1,682	1,467	1,137	1,262	1,211	338.16
Long-Term Investments	2,194	3,342	3,119	2,970	2,116	2,094
Other Intangible Assets	0.59	0.61	0.68	-	-	-
Long-Term Accounts Receivable	-	137.78	-	-	-	-
Long-Term Deferred Tax Assets	6.94	3.75	2.45	0.77	-	-
Long-Term Deferred Charges	43.18	49.9	36.1	19.62	15.77	-
Other Long-Term Assets	1,981	63.47	16.93	27.32	861.4	5.84
Total Assets	10,013	9,201	8,642	8,835	10,643	12,338
Accounts Payable	367.53	156.63	201.53	62.02	37.27	60.09
Accrued Expenses	3.82	10.01	9.13	8.7	3.7	120.79
Short-Term Debt	1,366	810.71	340.9	-	-	367.23
Current Portion of Long-Term Debt	219.4	-	-	-	-	596.52
Current Portion of Leases	-	43.52	8.68	94.44	11.55	1.38
Current Income Taxes Payable	0.76	-	1.81	0.75	0.38	2.76
Current Unearned Revenue	42.57	36.64	30.63	16.9	1.6	-
Other Current Liabilities	71.73	228.09	257.13	839.71	3,352	3,591
Total Current Liabilities	2,072	1,286	849.82	1,023	3,406	4,740
Long-Term Leases	251.03	218.07	13.99	14.38	30.09	2.18
Other Long-Term Liabilities	130.15	130.98	283.57	447.13	81.76	2.5
Total Liabilities	2,453	1,635	1,147	1,484	3,518	4,744
Common Stock	2,899	2,899	2,899	2,899	2,899	2,899
Additional Paid-In Capital	4,954	4,954	10,208	10,208	10,208	10,206
Retained Earnings	-202.42	-215.46	-5,573	-5,659	-5,881	-6,076
Comprehensive Income & Other	-90.36	-70.72	-42.2	-98.9	-101.78	-104.88
Total Common Equity	7,560	7,567	7,492	7,349	7,124	6,925
Minority Interest	-0.14	-0.14	1.84	1.78	-0.14	668.85
Shareholders' Equity	7,560	7,567	7,494	7,351	7,124	7,594
Total Liabilities & Equity	10,013	9,201	8,642	8,835	10,643	12,338
Total Debt	1,836	1,072	363.57	108.82	41.64	967.31
Net Cash (Debt)	1,186	2,351	3,395	3,833	6,298	8,879
Net Cash Growth	-58.68%	-30.76%	-11.42%	-39.14%	-29.07%	-
Net Cash Per Share	0.41	0.81	1.17	1.27	2.26	3.06
Filing Date Shares Outstanding	2,898	2,899	2,899	2,899	2,899	2,899
Total Common Shares Outstanding	2,898	2,899	2,899	2,899	2,899	2,899
Working Capital	2,033	2,851	3,480	3,533	3,032	5,160
Book Value Per Share	2.61	2.61	2.58	2.53	2.46	2.39
Tangible Book Value	7,560	7,566	7,492	7,349	7,124	6,925
Tangible Book Value Per Share	2.61	2.61	2.58	2.53	2.46	2.39
Buildings	-	162.56	162.56	125.68	102.52	150.81
Machinery	-	1,478	1,178	1,188	1,168	287.17
Construction In Progress	-	-	-	22.99	-	-

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