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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	216.5	196.97	199.1	168	317.05	224.57
Short-Term Investments	-	-	100.39	58.79	-	-
Trading Asset Securities	297.5	278.65	159.51	247.35	58.02	68.92
Cash & Short-Term Investments	514.01	475.61	459	474.14	375.08	293.49
Cash Growth	-1.26%	3.62%	-3.19%	26.41%	27.80%	-24.86%
Accounts Receivable	164.64	153.97	195.42	165.65	205.9	146.68
Other Receivables	0.17	0.13	0.22	0.33	0.51	0.08
Receivables	164.81	154.1	195.64	165.98	206.41	146.76
Inventory	180.36	194.21	167.04	155.87	157.38	137.85
Prepaid Expenses	-	-	-	-	0.08	-
Other Current Assets	161.06	122.19	15.28	14.21	17	22.5
Total Current Assets	1,020	946.12	836.97	810.2	755.94	600.6
Property, Plant & Equipment	445.83	459.59	470.45	461.37	448.3	439.66
Long-Term Investments	-	-	237.27	153.85	-	-
Goodwill	1.13	1.13	1.13	1.13	1.13	1.13
Other Intangible Assets	68.76	68.43	66.44	67.72	69.07	71.02
Long-Term Deferred Tax Assets	13.66	13.8	0.46	3.09	4.44	4.67
Long-Term Deferred Charges	3.54	2.39	1.47	0.48	1.66	3.13
Other Long-Term Assets	279.4	289.45	6.02	6.51	1.54	2.42
Total Assets	1,833	1,781	1,620	1,504	1,282	1,123
Accounts Payable	120.32	122.38	108.99	86.64	68.71	78.99
Accrued Expenses	11.96	22.56	28.18	26.34	25.79	21.94
Short-Term Debt	50	30.01	11	50	-	-
Current Portion of Long-Term Debt	1.53	1.56	-	-	-	-
Current Portion of Leases	-	-	1.37	1.53	1.06	1.96
Current Income Taxes Payable	2.51	15.78	9.16	7.47	12.57	9.53
Current Unearned Revenue	1.03	0.91	5.62	4.29	2.95	2.52
Other Current Liabilities	16.38	17.58	42.83	13.98	20.29	2.01
Total Current Liabilities	203.73	210.79	207.16	190.26	131.36	116.96
Long-Term Leases	2.06	2.12	3.2	4.79	0.71	0.79
Long-Term Unearned Revenue	15.63	14.05	10.17	10.3	5.94	7.39
Long-Term Deferred Tax Liabilities	0.14	0.14	4.29	9.04	6.91	5.12
Other Long-Term Liabilities	-	-	-	-	-	0.7
Total Liabilities	221.55	227.09	224.82	214.4	144.92	130.97
Common Stock	136.46	136.49	136.52	135.11	135.22	133.99
Additional Paid-In Capital	263.12	261.98	227.07	216.33	207.79	211
Retained Earnings	1,182	1,115	1,005	887.41	770.58	654.71
Treasury Stock	-45.5	-45.8	-28.39	-8.99	-21.63	-28.95
Comprehensive Income & Other	19.51	31.66	12.89	23.13	10.58	-2.39
Total Common Equity	1,555	1,500	1,353	1,253	1,103	968.36
Minority Interest	55.81	54	42.67	36.96	34.61	23.3
Shareholders' Equity	1,611	1,554	1,395	1,290	1,137	991.66
Total Liabilities & Equity	1,833	1,781	1,620	1,504	1,282	1,123
Total Debt	53.59	33.69	15.57	56.33	1.77	2.76
Net Cash (Debt)	460.42	441.92	443.43	417.81	373.31	290.73
Net Cash Growth	-1.19%	-0.34%	6.13%	11.92%	28.40%	-25.57%
Net Cash Per Share	3.43	3.30	3.31	3.13	2.80	2.19
Filing Date Shares Outstanding	134.96	131.35	135.94	129.9	135.11	132.96
Total Common Shares Outstanding	134.96	131.35	135.94	129.9	134.31	132.96
Working Capital	816.51	735.33	629.81	619.94	624.58	483.64
Book Value Per Share	11.52	11.42	9.95	9.65	8.21	7.28
Tangible Book Value	1,485	1,430	1,285	1,184	1,032	896.21
Tangible Book Value Per Share	11.01	10.89	9.45	9.12	7.69	6.74
Buildings	-	-	321.62	277.75	275.94	208.99
Machinery	-	-	382.31	357.28	312.38	273.58
Construction In Progress	-	-	25.33	38.93	33.9	91.59

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