Hsino Tower Group 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	1,703	1,522	1,554	404.86	603.1
Trading Asset Securities	-	435.94	-	-	-
Cash & Short-Term Investments	1,703	1,958	1,554	404.86	603.1
Cash Growth	-13.03%	26.00%	283.76%	-32.87%	98.53%
Accounts Receivable	2,553	2,696	3,177	2,920	3,040
Other Receivables	56.92	127.57	11.81	17.57	27.49
Receivables	2,610	2,824	3,188	2,938	3,067
Inventory	2,536	2,292	2,632	3,181	3,200
Other Current Assets	753.92	293.47	417.59	459.86	485.11
Total Current Assets	7,602	7,367	7,792	6,983	7,356
Property, Plant & Equipment	1,160	925.31	814.99	824.84	775.8
Long-Term Investments	-	11.26	11.23	7.57	6.1
Other Intangible Assets	381.26	296.56	277.01	286.69	289.43
Long-Term Deferred Tax Assets	105.17	102.04	93.72	87.37	74.01
Long-Term Deferred Charges	0.16	3.51	2.65	0.18	0.19
Other Long-Term Assets	553.28	602.66	42.13	26.66	46.08
Total Assets	9,802	9,308	9,034	8,217	8,548
Accounts Payable	3,091	3,286	2,479	2,586	1,983
Accrued Expenses	21.31	48.12	57.23	76.08	76.75
Short-Term Debt	304.04	407.06	748.28	1,288	1,328
Current Portion of Long-Term Debt	9.71	31.92	0.16	0.07	8.56
Current Portion of Leases	-	11.5	16.08	8.44	2.98
Current Income Taxes Payable	58.03	24.98	2.87	13.29	49.72
Current Unearned Revenue	552.06	369.85	590.51	371.34	962.84
Other Current Liabilities	804.59	494.28	781.71	585.97	412.33
Total Current Liabilities	4,841	4,673	4,676	4,930	4,824
Long-Term Debt	64.32	2.8	99.8	190	800.22
Long-Term Leases	5.07	5.6	5.16	10.52	4.06
Long-Term Unearned Revenue	34.8	26.4	8.15	7.4	6.11
Long-Term Deferred Tax Liabilities	7.37	11.07	11.15	8.05	9.61
Other Long-Term Liabilities	188.25	193.6	5.08	3.24	3.51
Total Liabilities	5,141	4,913	4,805	5,149	5,647
Common Stock	2,675	2,675	2,675	2,006	2,006
Additional Paid-In Capital	1,079	1,079	1,079	711.26	711.26
Retained Earnings	899.1	634.96	472.6	348.52	182.77
Comprehensive Income & Other	8.19	6.12	1.95	1.37	-
Total Common Equity	4,662	4,395	4,229	3,068	2,900
Shareholders' Equity	4,662	4,395	4,229	3,068	2,900
Total Liabilities & Equity	9,802	9,308	9,034	8,217	8,548
Total Debt	383.14	458.88	869.48	1,497	2,144
Net Cash (Debt)	1,319	1,499	684.23	-1,093	-1,541
Net Cash Growth	-11.96%	119.05%	-	-	-
Net Cash Per Share	0.49	0.56	0.34	-0.54	-0.77
Filing Date Shares Outstanding	2,679	2,675	2,675	2,006	1,992
Total Common Shares Outstanding	2,679	2,675	2,675	2,006	1,992
Working Capital	2,761	2,693	3,116	2,053	2,532
Book Value Per Share	1.74	1.64	1.58	1.53	1.46
Tangible Book Value	4,280	4,099	3,952	2,781	2,611
Tangible Book Value Per Share	1.60	1.53	1.48	1.39	1.31
Buildings	-	845.75	834.14	861.05	836.04
Machinery	-	908.25	805.39	752.39	708.18
Construction In Progress	-	48.04	9.98	4.89	1.56

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