Ningbo Heli Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	297.11	602.88	122.22	116.72	51.31	55.82
Trading Asset Securities	322.21	5	-	13.22	7.06	30.06
Cash & Short-Term Investments	619.31	607.88	122.22	129.95	58.37	85.88
Cash Growth	2.09%	397.35%	-5.94%	122.63%	-32.03%	25.75%
Accounts Receivable	463.24	456.97	432.58	399.14	414.73	445.32
Other Receivables	1.78	2.26	64.66	0.12	0.3	1.26
Receivables	465.03	459.22	497.24	399.27	415.03	446.58
Inventory	391.02	376.03	347.37	386.06	401.94	364.89
Other Current Assets	12.93	14.22	2.32	3.27	4.75	3.01
Total Current Assets	1,488	1,457	969.15	918.54	880.09	900.36
Property, Plant & Equipment	400.96	397.94	408.35	432.93	489.61	529.44
Long-Term Investments	18.27	18.98	10.02	8.12	7.5	-
Other Intangible Assets	45.54	47.47	39.01	41.34	44.17	43.24
Long-Term Deferred Tax Assets	26.74	27.65	23.04	22.04	20.5	20.69
Long-Term Deferred Charges	27.45	27.94	25.6	15.6	10.89	8.76
Other Long-Term Assets	62.75	75.22	50.67	11.93	9.98	6.23
Total Assets	2,070	2,053	1,526	1,450	1,463	1,509
Accounts Payable	180.38	184.93	149.29	153.36	155.07	184.02
Accrued Expenses	25.82	32.89	35.14	39.78	33	34.61
Short-Term Debt	16.01	2.4	20.02	21.02	49.1	25.07
Current Portion of Leases	0.98	0.64	0.61	1.46	1.39	-
Current Income Taxes Payable	9.16	-	13.34	1.9	1.44	5.62
Current Unearned Revenue	31.37	40.47	29.09	29.51	46.93	43.06
Other Current Liabilities	33.64	28.41	43.63	30.76	49.03	44.48
Total Current Liabilities	297.37	289.74	291.12	277.8	335.95	336.85
Long-Term Debt	-	-	-	-	-	3
Long-Term Leases	5.57	2.14	2.53	-	1.46	-
Long-Term Unearned Revenue	73.21	63.71	72.11	88.32	82.96	73.73
Long-Term Deferred Tax Liabilities	-	-	-	0.15	0.23	-
Other Long-Term Liabilities	14.42	12.52	11.46	11.44	8.61	8.24
Total Liabilities	390.56	368.11	377.23	377.71	429.22	421.83
Common Stock	203.84	203.84	156.8	156.8	156.8	156.8
Additional Paid-In Capital	812.24	812.24	273.19	221.92	221.92	309.87
Retained Earnings	647.79	653.72	705.72	682.44	643.88	610.34
Comprehensive Income & Other	15.58	14.64	12.89	11.62	10.93	9.89
Shareholders' Equity	1,679	1,684	1,149	1,073	1,034	1,087
Total Liabilities & Equity	2,070	2,053	1,526	1,450	1,463	1,509
Total Debt	22.56	5.17	23.16	22.48	51.95	28.07
Net Cash (Debt)	596.76	602.71	99.06	107.47	6.42	57.81
Net Cash Growth	-1.18%	508.41%	-7.82%	1573.59%	-88.89%	148.86%
Net Cash Per Share	2.92	3.14	0.63	0.69	0.04	0.37
Filing Date Shares Outstanding	203.84	203.84	156.8	156.8	156.8	156.8
Total Common Shares Outstanding	203.84	203.84	156.8	156.8	156.8	156.8
Working Capital	1,191	1,168	678.03	640.74	544.14	563.51
Book Value Per Share	8.24	8.26	7.33	6.84	6.59	6.93
Tangible Book Value	1,634	1,637	1,110	1,031	989.35	1,044
Tangible Book Value Per Share	8.02	8.03	7.08	6.58	6.31	6.66
Buildings	-	161.14	145.84	151.96	151.96	159.09
Machinery	-	639.17	600.63	582.89	577.03	543.95
Construction In Progress	-	16.06	30	31.62	47.57	61.14

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.