Hexing Electrical Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,158	2,581	4,551	3,569	2,998
Trading Asset Securities	131.38	459.01	253.29	1,101	965.96
Cash & Short-Term Investments	2,289	3,040	4,805	4,670	3,964
Cash Growth	-24.69%	-36.73%	2.89%	17.80%	-8.37%
Accounts Receivable	1,440	1,384	1,201	1,057	1,024
Other Receivables	147.22	93.88	115.22	52.95	33.78
Receivables	1,587	1,477	1,316	1,110	1,058
Inventory	1,292	806.8	763.29	890.83	683.8
Other Current Assets	1,502	805.26	263.4	163.57	193
Total Current Assets	6,670	6,129	7,147	6,834	5,899
Property, Plant & Equipment	890.18	830.52	774.95	570.15	463.93
Long-Term Investments	184	161.09	155.02	291.45	477.11
Other Intangible Assets	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	51.01	57.77	63.86	63.48	30.57
Long-Term Deferred Charges	29.61	19.4	12.14	16.12	12.78
Other Long-Term Assets	1,873	2,100	727.45	67.14	81.67
Total Assets	9,936	9,478	9,078	8,046	7,208
Accounts Payable	1,568	936.53	881.45	804.75	727.46
Accrued Expenses	153.84	356.18	343.82	292.24	251.69
Short-Term Debt	208.25	521.43	279.82	137.26	110.98
Current Portion of Long-Term Debt	108.49	16.46	220.11	17.04	44.42
Current Portion of Leases	-	8.28	2.15	7.58	1.42
Current Income Taxes Payable	80.95	54.97	69.14	49.9	11.48
Current Unearned Revenue	137.45	134.97	208.58	130.23	97.01
Other Current Liabilities	220.44	145.07	141.33	150.26	69.72
Total Current Liabilities	2,478	2,174	2,146	1,589	1,314
Long-Term Debt	-	98.07	218.13	435.29	393.09
Long-Term Leases	23.22	29.27	3.79	1.38	1.69
Long-Term Unearned Revenue	6.62	5.68	1.82	1.19	2.5
Pension & Post-Retirement Benefits	-	1.49	1.71	1.53	1.67
Long-Term Deferred Tax Liabilities	13.73	18.44	21.21	16.2	13.43
Other Long-Term Liabilities	16	12.6	52.66	25.81	25.9
Total Liabilities	2,537	2,339	2,446	2,071	1,752
Common Stock	486.26	488.68	488.68	488.68	488.68
Additional Paid-In Capital	2,356	2,376	2,377	2,378	2,378
Retained Earnings	4,727	4,330	3,866	3,217	2,686
Treasury Stock	-133.65	-30.01	-30.01	-30.01	-
Comprehensive Income & Other	-58.09	-43.98	-69.84	-82	-100.88
Total Common Equity	7,377	7,121	6,633	5,971	5,452
Minority Interest	21.77	17.41	0.2	3.59	4.02
Shareholders' Equity	7,399	7,139	6,633	5,975	5,456
Total Liabilities & Equity	9,936	9,478	9,078	8,046	7,208
Total Debt	339.97	673.51	723.99	598.54	551.61
Net Cash (Debt)	1,949	2,366	4,081	4,071	3,412
Net Cash Growth	-17.62%	-42.01%	0.23%	19.30%	-9.65%
Net Cash Per Share	4.04	4.86	8.39	8.33	6.98
Filing Date Shares Outstanding	476.63	486.26	486.26	486.26	488.68
Total Common Shares Outstanding	476.63	486.26	486.26	486.26	488.68
Working Capital	4,192	3,955	5,001	5,245	4,585
Book Value Per Share	15.48	14.65	13.64	12.28	11.16
Tangible Book Value	7,139	6,941	6,445	5,780	5,279
Tangible Book Value Per Share	14.98	14.27	13.25	11.89	10.80
Buildings	-	696.91	521.37	441.48	418.44
Machinery	-	410.47	368.76	280.71	243.98
Construction In Progress	-	63.88	198.85	107.62	22.66

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.