Hangzhou Landscaping 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	253.24	352.27	359.02	228.89	450.31	374.95
Trading Asset Securities	-	-	-	130.5	50.24	-
Cash & Short-Term Investments	253.24	352.27	359.02	359.39	500.55	374.95
Cash Growth	-20.13%	-1.88%	-0.10%	-28.20%	33.50%	37.57%
Accounts Receivable	1,414	1,642	1,886	2,017	2,343	2,007
Other Receivables	17.48	9.89	25.31	18.23	35.1	46.64
Receivables	1,431	1,651	1,911	2,036	2,378	2,053
Inventory	66.13	26.41	28.76	26.35	25.57	24.78
Other Current Assets	13.65	17.84	16.67	39.03	38.81	50.56
Total Current Assets	1,764	2,048	2,316	2,460	2,943	2,504
Property, Plant & Equipment	65.74	76.82	58.69	36.69	30.12	2.46
Long-Term Investments	12.1	8.93	3.22	3.2	7.93	7.81
Goodwill	-	-	0.62	1.06	-	-
Other Intangible Assets	0.31	0.83	2.31	3.63	4.85	0.3
Long-Term Accounts Receivable	39.11	100.62	148.15	221.26	315.5	-
Long-Term Deferred Tax Assets	90.88	100.76	119.24	96.95	44.7	29.48
Long-Term Deferred Charges	13.23	6.3	7.95	11.92	15.86	23.06
Other Long-Term Assets	-	-	-	-	-	367.77
Total Assets	1,985	2,342	2,656	2,835	3,362	2,935
Accounts Payable	662.43	785.64	854.53	1,001	1,307	1,411
Accrued Expenses	10.75	22.12	28.17	23.11	9.66	14.31
Short-Term Debt	85.98	118.54	167.69	100.09	51.58	51.87
Current Portion of Long-Term Debt	33.52	5.04	20.08	40.15	32.05	80.12
Current Portion of Leases	-	12.39	7.54	5.02	6.08	-
Current Income Taxes Payable	7.51	-	-	5.91	13.01	10.74
Current Unearned Revenue	42.54	91.6	82.55	28.68	7.56	2.24
Other Current Liabilities	174.3	183.44	179.6	151.93	136.1	112.71
Total Current Liabilities	1,017	1,219	1,340	1,356	1,563	1,683
Long-Term Debt	-	25	30	50	90	190
Long-Term Leases	36.81	51.24	39.9	23.98	19.49	-
Long-Term Unearned Revenue	0.88	2.56	3.58	4.27	4.98	6.04
Long-Term Deferred Tax Liabilities	-	-	0.01	1.55	0.04	-
Other Long-Term Liabilities	6.22	11.21	10.15	12.6	6.44	8.52
Total Liabilities	1,061	1,309	1,424	1,448	1,684	1,888
Common Stock	161.24	161.24	161.24	161.24	161.24	120.93
Additional Paid-In Capital	896.06	896.03	896.03	896.03	896.03	351.65
Retained Earnings	-131.37	-22.63	167.57	324.62	617.96	572.35
Treasury Stock	-6	-6	-	-	-	-
Comprehensive Income & Other	-0.95	-0.95	0.02	-	0.57	0.45
Total Common Equity	918.97	1,028	1,225	1,382	1,676	1,045
Minority Interest	5.48	5.73	7.17	4.66	2.79	1.53
Shareholders' Equity	924.46	1,033	1,232	1,387	1,679	1,047
Total Liabilities & Equity	1,985	2,342	2,656	2,835	3,362	2,935
Total Debt	156.31	212.21	265.2	219.24	199.2	321.99
Net Cash (Debt)	96.93	140.06	93.82	140.15	301.35	52.96
Net Cash Growth	21.05%	49.28%	-33.05%	-53.49%	469.02%	-
Net Cash Per Share	0.59	0.87	0.58	0.87	1.95	0.44
Filing Date Shares Outstanding	160.5	160.5	161.24	161.24	161.24	120.93
Total Common Shares Outstanding	160.5	160.5	161.24	161.24	161.24	120.93
Working Capital	747	829.18	975.47	1,104	1,381	820.57
Book Value Per Share	5.73	6.40	7.60	8.57	10.39	8.64
Tangible Book Value	918.66	1,027	1,222	1,377	1,671	1,045
Tangible Book Value Per Share	5.72	6.40	7.58	8.54	10.36	8.64
Machinery	-	23.44	19.97	19.5	14.28	13.82
Construction In Progress	-	8.65	5.23	0.86	0.31	-
Order Backlog	-	2,638	-	-	-	-

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