HangZhou Nbond Nonwovens 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	849.57	655.52	596.61	298.82	225.92	334
Trading Asset Securities	12.08	12.08	10.29	69.26	38.01	122.32
Cash & Short-Term Investments	861.65	667.6	606.91	368.08	263.93	456.32
Cash Growth	129.74%	10.00%	64.89%	39.46%	-42.16%	91.19%
Accounts Receivable	384.37	393.32	301.72	266.42	179.07	231.89
Other Receivables	7.89	37.06	18.21	9.53	23.55	48.4
Receivables	392.26	430.38	319.94	275.95	202.62	280.29
Inventory	362.5	245.18	178.69	190.66	273.52	225.95
Other Current Assets	42.72	22.98	10.72	16.65	27.74	31.52
Total Current Assets	1,659	1,366	1,116	851.35	767.8	994.08
Property, Plant & Equipment	1,257	1,173	1,119	1,144	1,167	1,020
Long-Term Investments	10	10	-	20	-	-
Goodwill	113.98	113.98	113.98	113.98	125.83	125.83
Other Intangible Assets	110.31	113.23	115.64	119.9	124.18	128.69
Long-Term Deferred Tax Assets	15.1	16.52	13.06	12.45	12.25	16.64
Long-Term Deferred Charges	23.37	19.46	3.49	4.48	4.26	5.83
Total Assets	3,188	2,812	2,481	2,266	2,201	2,291
Accounts Payable	1,175	867.8	679.76	552.35	483.79	541.04
Accrued Expenses	40.32	53.17	43.37	57.49	37.54	43.06
Short-Term Debt	127.99	94.89	74.74	27.57	70	120.12
Current Portion of Leases	6.3	10.38	0.21	-	-	-
Current Income Taxes Payable	10.87	5.14	4.63	0.09	4.58	51.94
Current Unearned Revenue	47.36	33.95	25.64	42.27	42.91	48.1
Other Current Liabilities	9.64	10.27	6.83	14.25	50.67	81.83
Total Current Liabilities	1,418	1,076	835.18	694.03	689.49	886.08
Long-Term Leases	12.39	32.78	-	-	-	-
Long-Term Unearned Revenue	45.6	49.49	42.71	45.57	38.5	36.71
Long-Term Deferred Tax Liabilities	1.55	1.88	2.31	2.83	3.17	3.74
Other Long-Term Liabilities	2.95	2.95	2.81	2.27	2.51	0.66
Total Liabilities	1,480	1,163	883	744.69	733.67	927.19
Common Stock	177.51	177.51	177.51	178.99	179.08	123.62
Additional Paid-In Capital	368.03	368.03	368.03	385.89	389.26	411.34
Retained Earnings	897.33	854.65	812.68	747.93	720.94	679.9
Treasury Stock	-	-	-	-19.49	-41.24	-71.1
Comprehensive Income & Other	0.24	0.05	-	-	-	-
Total Common Equity	1,443	1,400	1,358	1,293	1,248	1,144
Minority Interest	265.38	249.48	240.21	228.46	219.31	219.9
Shareholders' Equity	1,708	1,650	1,598	1,522	1,467	1,364
Total Liabilities & Equity	3,188	2,812	2,481	2,266	2,201	2,291
Total Debt	146.68	138.05	74.95	27.57	70	120.12
Net Cash (Debt)	714.97	529.55	531.96	340.51	193.93	336.2
Net Cash Growth	158.74%	-0.45%	56.23%	75.58%	-42.32%	137.11%
Net Cash Per Share	4.06	3.00	2.96	1.90	1.08	1.93
Filing Date Shares Outstanding	177.51	177.51	177.51	178.99	179.08	179.25
Total Common Shares Outstanding	177.51	177.51	177.51	178.99	179.08	179.25
Working Capital	241.62	290.52	281.07	157.32	78.31	108
Book Value Per Share	8.13	7.89	7.65	7.23	6.97	6.38
Tangible Book Value	1,219	1,173	1,129	1,059	998.03	889.25
Tangible Book Value Per Share	6.87	6.61	6.36	5.92	5.57	4.96
Buildings	-	664.5	638.01	626.6	545.33	474.53
Machinery	-	1,175	1,092	1,012	848.24	684.48
Construction In Progress	-	21.66	14.11	22.83	196.69	202.69

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