Zhejiang Hangmin Co.,Ltd Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	3,830	3,955	3,386	3,369	1,717	1,606
Trading Asset Securities	724	611.51	559.15	541.91	1,737	1,394
Cash & Short-Term Investments	4,554	4,566	3,945	3,911	3,454	2,999
Cash Growth	12.82%	15.75%	0.87%	13.22%	15.16%	9.36%
Accounts Receivable	765.1	713.87	716.18	662.61	658.89	740.81
Other Receivables	206.82	110.26	91.14	34.47	22.01	27.24
Receivables	971.93	824.13	807.33	697.07	680.9	868.23
Inventory	3,078	3,323	2,743	1,797	1,542	1,488
Prepaid Expenses	-	5.03	1.86	0.19	1.29	-
Other Current Assets	287.64	247.63	384.6	269.1	240.96	242.59
Total Current Assets	8,891	8,966	7,882	6,674	5,920	5,598
Property, Plant & Equipment	1,868	1,944	1,995	2,025	2,005	2,035
Long-Term Investments	3.6	3.31	2.9	-	-	-
Goodwill	197.84	197.84	199.68	1.85	1.85	1.85
Other Intangible Assets	95.17	102.17	72.98	97.28	107.59	109.47
Long-Term Deferred Tax Assets	31.78	33.61	37.95	27.15	27.46	19.22
Long-Term Deferred Charges	17.25	19.56	19.56	21.77	21.84	21.64
Other Long-Term Assets	77.75	87.93	93.13	96.26	91.5	105.12
Total Assets	11,183	11,354	10,303	8,944	8,175	7,891

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	226.62	269.51	254.2	270.66	199.52	198.13
Accrued Expenses	262.55	325.05	282.68	272.78	271.41	350.94
Short-Term Debt	11.01	70.06	22.02	1.5	-	-
Current Portion of Long-Term Debt	9.62	-	-	-	-	-
Current Portion of Leases	-	9.62	8.53	1.59	4.21	4.39
Current Income Taxes Payable	116.16	44.05	54.58	62.22	60.14	83.79
Current Unearned Revenue	108.87	87.31	53.42	27.6	32.79	39.2
Other Current Liabilities	2,556	2,888	2,396	1,335	1,012	963.75
Total Current Liabilities	3,291	3,694	3,072	1,971	1,580	1,640
Long-Term Debt	-	-	8	-	-	47.56
Long-Term Leases	12.4	17.43	18.6	7.71	8.67	9.71
Long-Term Unearned Revenue	155.97	151.59	113.06	119.29	119.31	117.32
Long-Term Deferred Tax Liabilities	1.84	1.92	4.02	0.02	4.54	0.09
Other Long-Term Liabilities	-	-	0.48	-	-	-
Total Liabilities	3,461	3,865	3,216	2,098	1,713	1,815

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	1,021	1,021	1,021	1,051	1,051	1,051
Additional Paid-In Capital	8.32	8.32	8.3	8.3	8.3	8.3
Retained Earnings	5,875	5,669	5,342	5,117	4,747	4,405
Total Common Equity	6,905	6,698	6,371	6,176	5,806	5,464
Minority Interest	817.86	791.79	715.57	669.26	655.64	611.2
Shareholders' Equity	7,722	7,489	7,087	6,845	6,462	6,076
Total Liabilities & Equity	11,183	11,354	10,303	8,944	8,175	7,891

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	33.03	97.12	57.15	10.8	12.88	61.66
Net Cash (Debt)	4,521	4,469	3,888	3,900	3,441	2,938
Net Cash Growth	14.71%	14.95%	-0.31%	13.33%	17.14%	13.62%
Net Cash Per Share	4.43	4.38	3.73	3.70	3.29	2.73
Filing Date Shares Outstanding	1,018	1,021	1,021	1,051	1,051	1,051
Total Common Shares Outstanding	1,018	1,021	1,021	1,051	1,051	1,051
Working Capital	5,601	5,272	4,810	4,703	4,340	3,958
Book Value Per Share	6.78	6.56	6.24	5.88	5.53	5.20
Tangible Book Value	6,612	6,398	6,098	6,077	5,697	5,353
Tangible Book Value Per Share	6.49	6.27	5.97	5.78	5.42	5.09
Buildings	-	1,267	1,256	1,195	1,138	1,098
Machinery	-	3,674	3,607	3,511	3,327	3,287
Construction In Progress	-	59.71	63.34	68.43	92.97	44.29