Hangzhou Cable 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	1,183	891.38	945.36	1,213	925.36	965.93
Trading Asset Securities	-	-	1.6	-	100.6	-
Cash & Short-Term Investments	1,183	891.38	946.96	1,213	1,026	965.93
Cash Growth	17.42%	-5.87%	-21.93%	18.22%	6.21%	-30.84%
Accounts Receivable	4,680	4,656	4,139	3,946	4,005	3,380
Other Receivables	55.23	52.5	40.15	57.25	76.55	73.32
Receivables	4,735	4,708	4,179	4,003	4,082	3,453
Inventory	2,015	1,520	1,886	1,731	1,684	1,896
Other Current Assets	458.3	423.76	244.29	203.21	225.89	289.89
Total Current Assets	8,391	7,543	7,256	7,150	7,018	6,605
Property, Plant & Equipment	2,005	2,021	2,371	2,330	1,936	1,776
Long-Term Investments	90.18	89.72	91.44	100.47	106.4	111.09
Other Intangible Assets	217.41	218.63	220.59	226.62	233.05	210.51
Long-Term Deferred Tax Assets	71.76	56.59	59.84	59.27	52.78	42.98
Long-Term Deferred Charges	5.73	4.96	0.71	1.08	1.07	1.37
Other Long-Term Assets	65.55	58.64	40.55	25.91	27.76	8.29
Total Assets	10,847	9,992	10,040	9,893	9,375	8,755
Accounts Payable	1,757	1,216	1,060	1,229	1,147	1,103
Accrued Expenses	168.31	187.33	173.74	151.07	131.94	135.13
Short-Term Debt	4,050	3,654	3,366	2,567	3,139	2,950
Current Portion of Long-Term Debt	1,011	912.53	768.49	1,544	261.62	546.4
Current Portion of Leases	-	-	0.15	1.21	-	-
Current Income Taxes Payable	24.95	1.45	15.11	17.4	4.12	11.74
Current Unearned Revenue	162.71	168.25	309.2	257.13	312.4	255.64
Other Current Liabilities	65.05	104.33	51.26	255.49	70.83	56.88
Total Current Liabilities	7,238	6,243	5,743	6,023	5,066	5,058
Long-Term Debt	704.3	834.89	1,083	801.71	1,359	857.88
Long-Term Leases	-	-	-	4.9	-	-
Long-Term Unearned Revenue	114.29	116.51	121.06	69.18	65.6	63.79
Long-Term Deferred Tax Liabilities	-	-	-	0.13	0.27	1.89
Other Long-Term Liabilities	1.77	1.77	1.71	1.64	1.58	1.53
Total Liabilities	8,059	7,197	6,949	6,901	6,492	5,983
Common Stock	691.38	691.38	691.38	691.07	691.06	691.05
Additional Paid-In Capital	1,270	1,270	1,270	1,114	1,114	1,114
Retained Earnings	784.44	703.59	1,044	947.38	846.39	738.09
Comprehensive Income & Other	-39.96	49.05	-0.11	145.16	144.11	154.96
Total Common Equity	2,705	2,714	3,005	2,897	2,795	2,698
Minority Interest	82.54	82.25	86.38	95.49	87.38	74.3
Shareholders' Equity	2,788	2,796	3,091	2,993	2,882	2,772
Total Liabilities & Equity	10,847	9,992	10,040	9,893	9,375	8,755
Total Debt	5,765	5,401	5,218	4,919	4,759	4,354
Net Cash (Debt)	-4,582	-4,510	-4,271	-3,706	-3,733	-3,388
Net Cash Per Share	-6.68	-6.49	-6.20	-5.47	-5.49	-4.77
Filing Date Shares Outstanding	691.38	691.38	691.38	691.07	691.06	691.05
Total Common Shares Outstanding	691.38	691.38	691.38	691.07	691.06	691.05
Working Capital	1,153	1,299	1,513	1,127	1,951	1,546
Book Value Per Share	3.91	3.92	4.35	4.19	4.04	3.90
Tangible Book Value	2,488	2,495	2,784	2,671	2,562	2,487
Tangible Book Value Per Share	3.60	3.61	4.03	3.86	3.71	3.60
Buildings	-	1,006	1,003	815.72	812.37	619.82
Machinery	-	1,797	1,754	1,677	1,529	1,388
Construction In Progress	-	260.11	509.25	597.48	234.94	315.42

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