Hangzhou XZB Tech Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	189.17	199.1	168	317.05	224.57	181.63
Short-Term Investments	88.23	100.39	58.79	-	-	-
Trading Asset Securities	286.87	159.51	247.35	58.02	68.92	208.97
Cash & Short-Term Investments	564.26	459	474.14	375.08	293.49	390.6
Cash Growth	-	-3.19%	26.41%	27.80%	-24.86%	4.58%
Accounts Receivable	210.39	195.42	165.65	205.9	146.68	149.89
Other Receivables	0.27	0.22	0.33	0.51	0.08	1.32
Receivables	210.66	195.64	165.98	206.41	146.76	151.21
Inventory	189.21	167.04	155.87	157.38	137.85	57.05
Prepaid Expenses	-	-	-	0.08	-	-
Other Current Assets	13.99	15.28	14.21	17	22.5	11.31
Total Current Assets	978.12	836.97	810.2	755.94	600.6	610.17
Property, Plant & Equipment	464.17	470.45	461.37	448.3	439.66	348.4
Long-Term Investments	-	237.27	153.85	-	-	-
Goodwill	1.13	1.13	1.13	1.13	1.13	1.13
Other Intangible Assets	68.87	66.44	67.72	69.07	71.02	72.62
Long-Term Deferred Tax Assets	1.03	0.46	3.09	4.44	4.67	4.41
Long-Term Deferred Charges	2.03	1.47	0.48	1.66	3.13	4.53
Other Long-Term Assets	221.26	6.02	6.51	1.54	2.42	9.22
Total Assets	1,737	1,620	1,504	1,282	1,123	1,050
Accounts Payable	111.2	108.99	86.64	68.71	78.99	59.25
Accrued Expenses	17.43	28.18	26.34	25.79	21.94	27.32
Short-Term Debt	50	11	50	-	-	-
Current Portion of Leases	1.71	1.37	1.53	1.06	1.96	-
Current Income Taxes Payable	12.37	9.16	7.47	12.57	9.53	11.88
Current Unearned Revenue	1.49	5.62	4.29	2.95	2.52	2.37
Other Current Liabilities	17.46	42.83	13.98	20.29	2.01	2.33
Total Current Liabilities	211.66	207.16	190.26	131.36	116.96	103.15
Long-Term Leases	2.63	3.2	4.79	0.71	0.79	-
Long-Term Unearned Revenue	13.37	10.17	10.3	5.94	7.39	8.85
Long-Term Deferred Tax Liabilities	3.58	4.29	9.04	6.91	5.12	5.7
Other Long-Term Liabilities	-	-	-	-	0.7	0.7
Total Liabilities	231.24	224.82	214.4	144.92	130.97	118.39
Common Stock	136.49	136.52	135.11	135.22	133.99	103.31
Additional Paid-In Capital	237.91	227.07	216.33	207.79	211	241.68
Retained Earnings	1,092	1,005	887.41	770.58	654.71	565.09
Treasury Stock	-45.8	-28.39	-8.99	-21.63	-28.95	-
Comprehensive Income & Other	34.45	12.89	23.13	10.58	-2.39	1.64
Total Common Equity	1,455	1,353	1,253	1,103	968.36	911.72
Minority Interest	50.6	42.67	36.96	34.61	23.3	20.37
Shareholders' Equity	1,505	1,395	1,290	1,137	991.66	932.09
Total Liabilities & Equity	1,737	1,620	1,504	1,282	1,123	1,050
Total Debt	54.33	15.57	56.33	1.77	2.76	-
Net Cash (Debt)	509.93	443.43	417.81	373.31	290.73	390.6
Net Cash Growth	-	6.13%	11.92%	28.40%	-25.57%	4.58%
Net Cash Per Share	3.78	3.31	3.13	2.80	2.19	2.92
Filing Date Shares Outstanding	135.37	135.94	129.9	135.11	132.96	133.11
Total Common Shares Outstanding	135.37	135.94	129.9	134.31	132.96	134.3
Working Capital	766.46	629.81	619.94	624.58	483.64	507.02
Book Value Per Share	10.75	9.95	9.65	8.21	7.28	6.79
Tangible Book Value	1,385	1,285	1,184	1,032	896.21	837.97
Tangible Book Value Per Share	10.23	9.45	9.12	7.69	6.74	6.24
Buildings	-	321.62	277.75	275.94	208.99	123.97
Machinery	-	382.31	357.28	312.38	273.58	211.47
Construction In Progress	-	25.33	38.93	33.9	91.59	122.6

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.