Power HF 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	246.86	299.56	545.51	328.86	670.69
Short-Term Investments	-	301.28	-	132.36	-
Trading Asset Securities	248.51	250.33	200.56	411.01	100.73
Cash & Short-Term Investments	495.37	851.16	746.08	872.24	771.41
Cash Growth	-41.80%	14.09%	-14.46%	13.07%	-12.67%
Accounts Receivable	184.9	182.31	363.12	108.99	420.8
Other Receivables	8.9	7.79	8.28	6.23	2.82
Receivables	193.8	190.09	371.4	115.22	423.61
Inventory	182.96	188.26	146.06	151.19	176.48
Other Current Assets	176.7	16.52	22.64	21.69	25.02
Total Current Assets	1,049	1,246	1,286	1,160	1,397
Property, Plant & Equipment	919.9	973.73	891.87	895	767.94
Long-Term Investments	19.66	32.52	35.51	3.06	-
Other Intangible Assets	154.93	157.44	143.28	146.49	92.56
Long-Term Deferred Tax Assets	28.1	26.31	19.62	14.36	4.79
Long-Term Deferred Charges	0.32	0.43	0.16	0.18	0.03
Other Long-Term Assets	48.07	5.36	3.68	2.07	56.87
Total Assets	2,220	2,442	2,380	2,222	2,319
Accounts Payable	220.21	355.57	307.5	301.56	400.34
Accrued Expenses	8.26	40.72	44.25	17.17	18.97
Short-Term Debt	-	-	-	-	1
Current Portion of Long-Term Debt	22.39	-	-	-	-
Current Portion of Leases	-	3.73	3.57	3.34	-
Current Income Taxes Payable	15.01	11.75	15.34	10.98	13.16
Current Unearned Revenue	7.93	4.07	4.18	6.54	9.35
Other Current Liabilities	17.67	10.79	2.68	31.21	3.56
Total Current Liabilities	291.49	426.63	377.5	370.8	446.37
Long-Term Debt	33.98	68.97	32.83	-	-
Long-Term Leases	24.02	25.35	33.54	32.44	-
Long-Term Unearned Revenue	5.85	6.57	0.92	1.22	1.53
Long-Term Deferred Tax Liabilities	65.43	70.24	64.88	41.7	37.03
Other Long-Term Liabilities	1.59	1.49	1.4	1.09	1.68
Total Liabilities	422.35	599.25	511.06	447.25	486.61
Common Stock	170.73	171.13	169.93	169.93	121.38
Additional Paid-In Capital	1,026	1,030	1,022	1,022	1,071
Retained Earnings	634.35	662.9	691.51	599.22	654.52
Treasury Stock	-4.44	-7.33	-	-	-
Comprehensive Income & Other	-29.53	-13.86	-14.33	-17.06	-15.18
Total Common Equity	1,797	1,843	1,869	1,775	1,832
Minority Interest	0	0	0	-0.28	0.39
Shareholders' Equity	1,797	1,843	1,869	1,774	1,832
Total Liabilities & Equity	2,220	2,442	2,380	2,222	2,319
Total Debt	80.39	98.05	69.94	35.78	1
Net Cash (Debt)	414.99	753.12	676.14	836.45	770.41
Net Cash Growth	-44.90%	11.38%	-19.17%	8.57%	-12.68%
Net Cash Per Share	2.37	4.40	3.96	4.96	4.51
Filing Date Shares Outstanding	153.9	176.76	169.93	169.93	169.93
Total Common Shares Outstanding	153.9	176.76	169.93	169.93	169.93
Working Capital	757.35	819.42	908.68	789.55	950.16
Book Value Per Share	11.68	10.42	11.00	10.44	10.78
Tangible Book Value	1,643	1,685	1,726	1,628	1,739
Tangible Book Value Per Share	10.67	9.53	10.16	9.58	10.23
Buildings	-	320.68	296.7	301.49	217.38
Machinery	-	1,062	903.94	898.53	656.66
Construction In Progress	-	135.73	174.87	87.03	255.85

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