Anhui Heli 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	1,889	1,636	1,410	2,921	3,496	2,004
Short-Term Investments	-	478.2	539.12	-	-	-
Trading Asset Securities	2,783	2,806	4,669	4,680	3,341	2,320
Cash & Short-Term Investments	4,672	4,920	6,618	7,601	6,837	4,324
Cash Growth	-22.15%	-25.65%	-12.94%	11.18%	58.10%	17.39%
Accounts Receivable	4,304	3,520	2,700	2,307	1,759	1,755
Other Receivables	136.36	121.74	97.14	61.04	14.84	33.2
Receivables	4,440	3,642	2,798	2,369	1,774	1,788
Inventory	4,006	3,586	3,586	2,326	2,177	2,026
Prepaid Expenses	-	8.94	14.38	21.02	-	-
Other Current Assets	963.05	483.74	452.47	201.02	330.68	299.93
Total Current Assets	14,081	12,641	13,468	12,518	11,118	8,438
Property, Plant & Equipment	4,882	4,934	4,154	3,121	2,477	2,185
Long-Term Investments	1,269	1,205	1,193	790.24	563.48	442.24
Goodwill	68.49	68.49	64.89	-	55.82	55.82
Other Intangible Assets	641.28	641.34	625.13	505.64	498.64	300.37
Long-Term Deferred Tax Assets	138.44	134.45	100.91	75.34	45.36	43.54
Long-Term Deferred Charges	22.03	27.24	26.76	14.26	15	5.61
Other Long-Term Assets	197.71	206.49	211.72	186.38	188.42	165.15
Total Assets	21,300	19,858	19,845	17,210	14,962	11,636
Accounts Payable	5,347	4,096	3,568	2,791	2,400	2,852
Accrued Expenses	110.36	376.75	326.19	278.71	279.93	141.88
Short-Term Debt	666.32	646.31	1,233	540.17	537.16	526.4
Current Portion of Long-Term Debt	470.07	409.78	1,262	558.39	300	700
Current Portion of Leases	-	84.67	55.23	31.8	34.72	24.07
Current Income Taxes Payable	221.5	78.47	90.4	98.92	50.31	29.62
Current Unearned Revenue	611.45	474.21	489.18	293.63	241.57	273.7
Other Current Liabilities	271.85	404.82	274.83	207.3	138.83	149.93
Total Current Liabilities	7,699	6,571	7,299	4,800	3,982	4,698
Long-Term Debt	575.87	951.68	903.81	3,504	3,306	353.5
Long-Term Leases	165.62	135.25	156.1	68.71	69.21	69.52
Long-Term Unearned Revenue	291.9	288.15	249.41	247.76	132.38	103.62
Long-Term Deferred Tax Liabilities	19.85	19.95	17.53	8.47	0.98	4.51
Total Liabilities	9,141	7,966	8,626	8,629	7,490	5,229
Common Stock	890.69	890.69	890.69	740.21	740.18	740.18
Additional Paid-In Capital	1,879	1,879	2,157	386.09	349.48	315.39
Retained Earnings	8,297	7,971	7,370	6,505	5,428	4,762
Comprehensive Income & Other	86.24	93.97	-34.97	323.25	312.03	-7.23
Total Common Equity	11,153	10,835	10,383	7,955	6,830	5,810
Minority Interest	1,006	1,057	835.7	626.78	641.4	596.57
Shareholders' Equity	12,159	11,892	11,219	8,582	7,471	6,407
Total Liabilities & Equity	21,300	19,858	19,845	17,210	14,962	11,636
Total Debt	1,878	2,228	3,610	4,703	4,247	1,673
Net Cash (Debt)	2,794	2,693	3,008	2,898	2,590	2,651
Net Cash Growth	21.15%	-10.48%	3.80%	11.87%	-2.28%	-8.79%
Net Cash Per Share	3.13	3.01	3.37	3.28	3.51	3.60
Filing Date Shares Outstanding	879.97	890.69	890.69	740.21	740.18	740.18
Total Common Shares Outstanding	879.97	890.69	890.69	740.21	740.18	740.18
Working Capital	6,382	6,070	6,169	7,718	7,136	3,740
Book Value Per Share	12.67	12.16	11.66	10.75	9.23	7.85
Tangible Book Value	10,443	10,125	9,693	7,449	6,276	5,454
Tangible Book Value Per Share	11.87	11.37	10.88	10.06	8.48	7.37
Buildings	-	2,859	2,394	1,577	1,519	1,407
Machinery	-	3,838	3,582	3,280	2,924	2,620
Construction In Progress	-	543.77	592.45	810.87	270.76	221.15

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