Suzhou Huazhijie Telecom 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
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
Cash & Equivalents	431.02	497.15	352.11	286.18	156
Trading Asset Securities	162.17	162.17	-	-	49
Cash & Short-Term Investments	593.19	659.32	352.11	286.18	205
Cash Growth	46.15%	87.25%	23.04%	39.59%	-
Accounts Receivable	459.91	426.3	406.36	275.34	235.07
Other Receivables	12.99	7.84	4.03	3.73	3.55
Receivables	472.9	434.14	410.39	279.08	238.61
Inventory	317.01	317.77	329.86	230.21	213.69
Other Current Assets	98.2	85.25	59.43	38.76	25.9
Total Current Assets	1,481	1,496	1,152	834.22	683.22
Property, Plant & Equipment	195.59	203.8	144.76	147.92	148.1
Other Intangible Assets	63.13	62.53	7.29	7.46	7.83
Long-Term Deferred Tax Assets	3.55	3.12	14.61	8.37	7.63
Long-Term Deferred Charges	15.97	16.13	5.7	7.33	6.88
Other Long-Term Assets	157.14	133.62	28.09	23.91	20.92
Total Assets	1,917	1,916	1,352	1,029	874.57
Accounts Payable	566.33	522.21	519.06	372.26	328.99
Accrued Expenses	12.58	29.34	32.17	23.22	24.19
Short-Term Debt	17.6	20.16	-	-	-
Current Portion of Leases	7.09	10.54	5.66	5.16	4.82
Current Income Taxes Payable	17.33	14.17	19.67	6.8	2.03
Current Unearned Revenue	1.66	1.01	2.42	0.48	0.64
Other Current Liabilities	22.2	85.61	32.97	21.05	38.77
Total Current Liabilities	644.8	683.05	611.94	428.98	399.43
Long-Term Leases	20.21	21.43	5.2	11.44	11.32
Other Long-Term Liabilities	-	-	-	-	-0
Total Liabilities	690.35	704.48	617.14	440.42	410.75
Common Stock	100	100	75	75	75
Additional Paid-In Capital	500.57	499.92	78.35	77.04	75.87
Retained Earnings	648.48	617.33	582.97	429.47	308.01
Comprehensive Income & Other	10.37	-6.03	-1.24	7.28	4.94
Shareholders' Equity	1,226	1,211	735.09	588.79	463.82
Total Liabilities & Equity	1,917	1,916	1,352	1,029	874.57
Total Debt	70.24	52.13	10.86	16.6	16.14
Net Cash (Debt)	522.94	607.18	341.25	269.57	188.87
Net Cash Growth	34.25%	77.93%	26.59%	42.73%	-
Net Cash Per Share	5.52	6.93	4.56	3.60	2.51
Filing Date Shares Outstanding	100	100	75	74.98	75.15
Total Common Shares Outstanding	100	100	75	74.98	75.15
Working Capital	836.49	813.44	539.84	405.24	283.79
Book Value Per Share	12.26	12.11	9.80	7.85	6.17
Tangible Book Value	1,163	1,149	727.79	581.33	455.99
Tangible Book Value Per Share	11.63	11.49	9.70	7.75	6.07
Buildings	-	58.85	52.84	53.1	52.51
Machinery	-	232.81	176.42	169.45	158.49
Construction In Progress	-	12.07	18.45	11.99	8.29

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