Zhejiang Hangmin Co.,Ltd Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	3,955	3,386	3,369	1,717	1,606
Trading Asset Securities	611.51	559.15	541.91	1,737	1,394
Cash & Short-Term Investments	4,566	3,945	3,911	3,454	2,999
Cash Growth	15.75%	0.87%	13.22%	15.16%	9.36%
Accounts Receivable	713.87	716.18	662.61	658.89	740.81
Other Receivables	104.46	91.14	34.47	22.01	27.24
Receivables	818.33	807.33	697.07	680.9	868.23
Inventory	3,323	2,743	1,797	1,542	1,488
Prepaid Expenses	-	1.86	0.19	1.29	-
Other Current Assets	258.46	384.6	269.1	240.96	242.59
Total Current Assets	8,966	7,882	6,674	5,920	5,598
Property, Plant & Equipment	1,944	1,995	2,025	2,005	2,035
Long-Term Investments	3.31	2.9	-	-	-
Goodwill	197.84	199.68	1.85	1.85	1.85
Other Intangible Assets	102.17	72.98	97.28	107.59	109.47
Long-Term Deferred Tax Assets	33.61	37.95	27.15	27.46	19.22
Long-Term Deferred Charges	19.56	19.56	21.77	21.84	21.64
Other Long-Term Assets	87.93	93.13	96.26	91.5	105.12
Total Assets	11,354	10,303	8,944	8,175	7,891
Accounts Payable	269.51	254.2	270.66	199.52	198.13
Accrued Expenses	243.66	282.68	272.78	271.41	350.94
Short-Term Debt	70.06	22.02	1.5	-	-
Current Portion of Long-Term Debt	9.62	-	-	-	-
Current Portion of Leases	-	8.53	1.59	4.21	4.39
Current Income Taxes Payable	135.61	54.58	62.22	60.14	83.79
Current Unearned Revenue	87.31	53.42	27.6	32.79	39.2
Other Current Liabilities	2,878	2,396	1,335	1,012	963.75
Total Current Liabilities	3,694	3,072	1,971	1,580	1,640
Long-Term Debt	-	8	-	-	47.56
Long-Term Leases	17.43	18.6	7.71	8.67	9.71
Long-Term Unearned Revenue	151.59	113.06	119.29	119.31	117.32
Long-Term Deferred Tax Liabilities	1.92	4.02	0.02	4.54	0.09
Other Long-Term Liabilities	-	0.48	-	-	-
Total Liabilities	3,865	3,216	2,098	1,713	1,815
Common Stock	1,021	1,021	1,051	1,051	1,051
Additional Paid-In Capital	8.32	8.3	8.3	8.3	8.3
Retained Earnings	5,669	5,342	5,117	4,747	4,405
Total Common Equity	6,698	6,371	6,176	5,806	5,464
Minority Interest	791.79	715.57	669.26	655.64	611.2
Shareholders' Equity	7,489	7,087	6,845	6,462	6,076
Total Liabilities & Equity	11,354	10,303	8,944	8,175	7,891
Total Debt	97.12	57.15	10.8	12.88	61.66
Net Cash (Debt)	4,469	3,888	3,900	3,441	2,938
Net Cash Growth	14.95%	-0.31%	13.33%	17.14%	13.62%
Net Cash Per Share	4.38	3.72	3.70	3.29	2.73
Filing Date Shares Outstanding	1,020	1,021	1,051	1,051	1,051
Total Common Shares Outstanding	1,020	1,021	1,051	1,051	1,051
Working Capital	5,272	4,810	4,703	4,340	3,958
Book Value Per Share	6.57	6.24	5.88	5.53	5.20
Tangible Book Value	6,398	6,098	6,077	5,697	5,353
Tangible Book Value Per Share	6.27	5.97	5.78	5.42	5.09
Buildings	-	1,256	1,195	1,138	1,098
Machinery	-	3,607	3,511	3,327	3,287
Construction In Progress	-	63.34	68.43	92.97	44.29

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.