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 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	1,094	964.91	655.52	596.61	298.82	225.92
Trading Asset Securities	12.04	12.04	12.08	10.29	69.26	38.01
Cash & Short-Term Investments	1,106	976.96	667.6	606.91	368.08	263.93
Cash Growth	70.16%	46.34%	10.00%	64.89%	39.46%	-42.16%
Accounts Receivable	448.74	471.68	393.32	301.72	266.42	179.07
Other Receivables	5.16	38.33	37.06	18.21	9.53	23.55
Receivables	453.89	510.01	430.38	319.94	275.95	202.62
Inventory	377.71	296.16	245.18	178.69	190.66	273.52
Other Current Assets	47.86	11.09	22.98	10.72	16.65	27.74
Total Current Assets	1,985	1,794	1,366	1,116	851.35	767.8
Property, Plant & Equipment	1,340	1,313	1,173	1,119	1,144	1,167
Long-Term Investments	10	10	10	-	20	-
Goodwill	113.98	113.98	113.98	113.98	113.98	125.83
Other Intangible Assets	107.29	108.81	113.23	115.64	119.9	124.18
Long-Term Deferred Tax Assets	16.71	15.86	16.52	13.06	12.45	12.25
Long-Term Deferred Charges	40.26	42.38	19.46	3.49	4.48	4.26
Total Assets	3,614	3,398	2,812	2,481	2,266	2,201
Accounts Payable	1,564	1,393	867.8	679.76	552.35	483.79
Accrued Expenses	29.72	60.16	53.17	43.37	57.49	37.54
Short-Term Debt	62.8	81.45	94.89	74.74	27.57	70
Current Portion of Leases	18.26	10.96	10.38	0.21	-	-
Current Income Taxes Payable	6.12	4.02	5.14	4.63	0.09	4.58
Current Unearned Revenue	49.39	30.5	33.95	25.64	42.27	42.91
Other Current Liabilities	10.95	10.37	10.27	6.83	14.25	50.67
Total Current Liabilities	1,741	1,590	1,076	835.18	694.03	689.49
Long-Term Leases	48.74	22.11	32.78	-	-	-
Long-Term Unearned Revenue	43.06	44.3	49.49	42.71	45.57	38.5
Long-Term Deferred Tax Liabilities	3.36	3.45	1.88	2.31	2.83	3.17
Other Long-Term Liabilities	2.9	2.9	2.95	2.81	2.27	2.51
Total Liabilities	1,839	1,663	1,163	883	744.69	733.67
Common Stock	177.51	177.51	177.51	177.51	178.99	179.08
Additional Paid-In Capital	368.03	368.03	368.03	368.03	385.89	389.26
Retained Earnings	949.75	918.71	854.65	812.68	747.93	720.94
Treasury Stock	-	-	-	-	-19.49	-41.24
Comprehensive Income & Other	0.4	0.6	0.05	-	-	-
Total Common Equity	1,496	1,465	1,400	1,358	1,293	1,248
Minority Interest	278.74	270.24	249.48	240.21	228.46	219.31
Shareholders' Equity	1,774	1,735	1,650	1,598	1,522	1,467
Total Liabilities & Equity	3,614	3,398	2,812	2,481	2,266	2,201
Total Debt	129.8	114.53	138.05	74.95	27.57	70
Net Cash (Debt)	975.96	862.43	529.55	531.96	340.51	193.93
Net Cash Growth	83.00%	62.86%	-0.45%	56.23%	75.58%	-42.32%
Net Cash Per Share	5.46	4.85	3.00	2.96	1.90	1.08
Filing Date Shares Outstanding	177.51	177.51	177.51	177.51	178.99	179.08
Total Common Shares Outstanding	177.51	177.51	177.51	177.51	178.99	179.08
Working Capital	244.14	204.14	290.52	281.07	157.32	78.31
Book Value Per Share	8.43	8.25	7.89	7.65	7.23	6.97
Tangible Book Value	1,274	1,242	1,173	1,129	1,059	998.03
Tangible Book Value Per Share	7.18	7.00	6.61	6.36	5.92	5.57
Buildings	-	664.5	664.5	638.01	626.6	545.33
Machinery	-	1,329	1,175	1,092	1,012	848.24
Construction In Progress	-	123.44	21.66	14.11	22.83	196.69

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