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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	189.17	199.1	168	317.05	224.57	181.63	Upgrade
Short-Term Investments	88.23	100.39	58.79	-	-	-	Upgrade
Trading Asset Securities	286.87	159.51	247.35	58.02	68.92	208.97	Upgrade
Cash & Short-Term Investments	564.26	459	474.14	375.08	293.49	390.6	Upgrade
Cash Growth	-	-3.19%	26.41%	27.80%	-24.86%	4.58%	Upgrade
Accounts Receivable	210.39	195.42	165.65	205.9	146.68	149.89	Upgrade
Other Receivables	0.27	0.22	0.33	0.51	0.08	1.32	Upgrade
Receivables	210.66	195.64	165.98	206.41	146.76	151.21	Upgrade
Inventory	189.21	167.04	155.87	157.38	137.85	57.05	Upgrade
Prepaid Expenses	-	-	-	0.08	-	-	Upgrade
Other Current Assets	13.99	15.28	14.21	17	22.5	11.31	Upgrade
Total Current Assets	978.12	836.97	810.2	755.94	600.6	610.17	Upgrade
Property, Plant & Equipment	464.17	470.45	461.37	448.3	439.66	348.4	Upgrade
Long-Term Investments	-	237.27	153.85	-	-	-	Upgrade
Goodwill	1.13	1.13	1.13	1.13	1.13	1.13	Upgrade
Other Intangible Assets	68.87	66.44	67.72	69.07	71.02	72.62	Upgrade
Long-Term Deferred Tax Assets	1.03	0.46	3.09	4.44	4.67	4.41	Upgrade
Long-Term Deferred Charges	2.03	1.47	0.48	1.66	3.13	4.53	Upgrade
Other Long-Term Assets	221.26	6.02	6.51	1.54	2.42	9.22	Upgrade
Total Assets	1,737	1,620	1,504	1,282	1,123	1,050	Upgrade
Accounts Payable	111.2	108.99	86.64	68.71	78.99	59.25	Upgrade
Accrued Expenses	17.43	28.18	26.34	25.79	21.94	27.32	Upgrade
Short-Term Debt	50	11	50	-	-	-	Upgrade
Current Portion of Leases	1.71	1.37	1.53	1.06	1.96	-	Upgrade
Current Income Taxes Payable	12.37	9.16	7.47	12.57	9.53	11.88	Upgrade
Current Unearned Revenue	1.49	5.62	4.29	2.95	2.52	2.37	Upgrade
Other Current Liabilities	17.46	42.83	13.98	20.29	2.01	2.33	Upgrade
Total Current Liabilities	211.66	207.16	190.26	131.36	116.96	103.15	Upgrade
Long-Term Leases	2.63	3.2	4.79	0.71	0.79	-	Upgrade
Long-Term Unearned Revenue	13.37	10.17	10.3	5.94	7.39	8.85	Upgrade
Long-Term Deferred Tax Liabilities	3.58	4.29	9.04	6.91	5.12	5.7	Upgrade
Other Long-Term Liabilities	-	-	-	-	0.7	0.7	Upgrade
Total Liabilities	231.24	224.82	214.4	144.92	130.97	118.39	Upgrade
Common Stock	136.49	136.52	135.11	135.22	133.99	103.31	Upgrade
Additional Paid-In Capital	237.91	227.07	216.33	207.79	211	241.68	Upgrade
Retained Earnings	1,092	1,005	887.41	770.58	654.71	565.09	Upgrade
Treasury Stock	-45.8	-28.39	-8.99	-21.63	-28.95	-	Upgrade
Comprehensive Income & Other	34.45	12.89	23.13	10.58	-2.39	1.64	Upgrade
Total Common Equity	1,455	1,353	1,253	1,103	968.36	911.72	Upgrade
Minority Interest	50.6	42.67	36.96	34.61	23.3	20.37	Upgrade
Shareholders' Equity	1,505	1,395	1,290	1,137	991.66	932.09	Upgrade
Total Liabilities & Equity	1,737	1,620	1,504	1,282	1,123	1,050	Upgrade
Total Debt	54.33	15.57	56.33	1.77	2.76	-	Upgrade
Net Cash (Debt)	509.93	443.43	417.81	373.31	290.73	390.6	Upgrade
Net Cash Growth	-	6.13%	11.92%	28.40%	-25.57%	4.58%	Upgrade
Net Cash Per Share	3.78	3.31	3.13	2.80	2.19	2.92	Upgrade
Filing Date Shares Outstanding	135.37	135.94	129.9	135.11	132.96	133.11	Upgrade
Total Common Shares Outstanding	135.37	135.94	129.9	134.31	132.96	134.3	Upgrade
Working Capital	766.46	629.81	619.94	624.58	483.64	507.02	Upgrade
Book Value Per Share	10.75	9.95	9.65	8.21	7.28	6.79	Upgrade
Tangible Book Value	1,385	1,285	1,184	1,032	896.21	837.97	Upgrade
Tangible Book Value Per Share	10.23	9.45	9.12	7.69	6.74	6.24	Upgrade
Buildings	-	321.62	277.75	275.94	208.99	123.97	Upgrade
Machinery	-	382.31	357.28	312.38	273.58	211.47	Upgrade
Construction In Progress	-	25.33	38.93	33.9	91.59	122.6	Upgrade

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