Hexing Electrical 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	1,593	2,158	2,581	4,551	3,569	2,998
Trading Asset Securities	272.48	131.38	459.01	253.29	1,101	965.96
Cash & Short-Term Investments	1,866	2,289	3,040	4,805	4,670	3,964
Cash Growth	-28.23%	-24.69%	-36.73%	2.89%	17.80%	-8.37%
Accounts Receivable	1,472	1,440	1,384	1,201	1,057	1,024
Other Receivables	159.5	147.22	93.88	115.22	52.95	33.78
Receivables	1,631	1,587	1,477	1,316	1,110	1,058
Inventory	1,550	1,292	806.8	763.29	890.83	683.8
Other Current Assets	1,578	1,502	805.26	263.4	163.57	193
Total Current Assets	6,625	6,670	6,129	7,147	6,834	5,899
Property, Plant & Equipment	914.51	890.18	830.52	774.95	570.15	463.93
Long-Term Investments	190.37	184	161.09	155.02	291.45	477.11
Other Intangible Assets	238.32	238.31	180.4	187.85	191.01	173.01
Long-Term Accounts Receivable	-	-	-	10.06	12.22	70.45
Long-Term Deferred Tax Assets	51.99	51.01	57.77	63.86	63.48	30.57
Long-Term Deferred Charges	26.99	29.61	19.4	12.14	16.12	12.78
Other Long-Term Assets	1,912	1,873	2,100	727.45	67.14	81.67
Total Assets	9,959	9,936	9,478	9,078	8,046	7,208
Accounts Payable	1,765	1,568	936.53	881.45	804.75	727.46
Accrued Expenses	112.44	299.81	356.18	343.82	292.24	251.69
Short-Term Debt	106.01	208.25	521.43	279.82	137.26	110.98
Current Portion of Long-Term Debt	10.57	99.05	16.46	220.11	17.04	44.42
Current Portion of Leases	-	9.44	8.28	2.15	7.58	1.42
Current Income Taxes Payable	93.24	34.05	54.97	69.14	49.9	11.48
Current Unearned Revenue	127.19	137.45	134.97	208.58	130.23	97.01
Other Current Liabilities	204.79	121.37	145.07	141.33	150.26	69.72
Total Current Liabilities	2,419	2,478	2,174	2,146	1,589	1,314
Long-Term Debt	14.08	-	98.07	218.13	435.29	393.09
Long-Term Leases	20.89	23.22	29.27	3.79	1.38	1.69
Long-Term Unearned Revenue	10.15	6.62	5.68	1.82	1.19	2.5
Pension & Post-Retirement Benefits	-	1.38	1.49	1.71	1.53	1.67
Long-Term Deferred Tax Liabilities	13.98	13.73	18.44	21.21	16.2	13.43
Other Long-Term Liabilities	1.26	14.62	12.6	52.66	25.81	25.9
Total Liabilities	2,480	2,537	2,339	2,446	2,071	1,752
Common Stock	486.26	486.26	488.68	488.68	488.68	488.68
Additional Paid-In Capital	2,356	2,356	2,376	2,377	2,378	2,378
Retained Earnings	4,806	4,727	4,330	3,866	3,217	2,686
Treasury Stock	-133.65	-133.65	-30.01	-30.01	-30.01	-
Comprehensive Income & Other	-54.53	-58.09	-43.98	-69.84	-82	-100.88
Total Common Equity	7,460	7,377	7,121	6,633	5,971	5,452
Minority Interest	19.28	21.77	17.41	0.2	3.59	4.02
Shareholders' Equity	7,479	7,399	7,139	6,633	5,975	5,456
Total Liabilities & Equity	9,959	9,936	9,478	9,078	8,046	7,208
Total Debt	151.56	339.97	673.51	723.99	598.54	551.61
Net Cash (Debt)	1,714	1,949	2,366	4,081	4,071	3,412
Net Cash Growth	-13.10%	-17.62%	-42.01%	0.23%	19.30%	-9.65%
Net Cash Per Share	3.56	4.04	4.86	8.39	8.33	6.98
Filing Date Shares Outstanding	481.35	481.35	486.26	486.26	486.26	488.68
Total Common Shares Outstanding	481.35	481.35	486.26	486.26	486.26	488.68
Working Capital	4,206	4,192	3,955	5,001	5,245	4,585
Book Value Per Share	15.50	15.33	14.65	13.64	12.28	11.16
Tangible Book Value	7,222	7,139	6,941	6,445	5,780	5,279
Tangible Book Value Per Share	15.00	14.83	14.27	13.25	11.89	10.80
Buildings	-	770.09	696.91	521.37	441.48	418.44
Machinery	-	462.75	410.47	368.76	280.71	243.98
Construction In Progress	-	66.37	63.88	198.85	107.62	22.66

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