Hillstone Networks Co.,Ltd. (SHA:688030)

Hillstone Networks Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	167.14	269.86	217.88	338.77	525.24	469.61
Trading Asset Securities	-	-	60.01	30	-	110.61
Cash & Short-Term Investments	167.14	269.86	277.89	368.77	525.24	580.22
Cash Growth	-28.79%	-2.89%	-24.64%	-29.79%	-9.47%	-30.99%
Accounts Receivable	1,078	1,051	1,055	885.16	952.35	808.69
Other Receivables	5.3	5.16	11.28	6.75	13.13	5.36
Receivables	1,083	1,056	1,066	891.91	965.48	814.04
Inventory	104.79	96.83	88.06	77.13	139.22	132.87
Other Current Assets	26.33	36.05	45.72	36.19	14.43	27.78
Total Current Assets	1,382	1,459	1,478	1,374	1,644	1,555
Property, Plant & Equipment	231.19	234.45	244.59	251.87	287.31	286.05
Long-Term Investments	44.18	44.91	43.01	41.04	42.04	8.14
Other Intangible Assets	97.64	100.7	112.66	85.89	47.52	42.28
Long-Term Deferred Tax Assets	109	108.13	99.07	92.91	75.89	34.92
Long-Term Deferred Charges	12.61	13.58	5.99	4.22	4.03	6.22
Other Long-Term Assets	2.26	2.42	2.38	2.15	15.01	11.02
Total Assets	1,878	1,963	1,985	1,852	2,116	1,944

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	163.56	234.96	237.63	136	159.96	160.65
Accrued Expenses	48.56	99.5	104.62	77.01	61.37	106.74
Short-Term Debt	464.09	394.93	222	122.49	137.72	-
Current Portion of Long-Term Debt	9.76	3.76	2.51	1.46	0.83	-
Current Portion of Leases	-	10.54	19.22	6.45	20.48	17.75
Current Income Taxes Payable	11.67	-	-	-	0	0.01
Current Unearned Revenue	79.62	80	69.69	50.91	27.41	13.37
Other Current Liabilities	95.89	104.69	119.84	100.39	110.15	99.34
Total Current Liabilities	873.16	928.38	775.51	494.72	517.92	397.87
Long-Term Debt	281.37	279.02	269.37	258.71	247.39	-
Long-Term Leases	10.72	9.39	2.62	3.37	10.34	17.5
Long-Term Deferred Tax Liabilities	0	0	0	-	2.52	0.09
Other Long-Term Liabilities	17.13	16.87	14.9	14.98	17.22	21.62
Total Liabilities	1,182	1,234	1,062	771.77	795.39	437.09

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	180.24	180.24	180.23	180.23	180.23	180.22
Additional Paid-In Capital	1,251	1,251	1,251	1,253	1,253	1,256
Retained Earnings	-745.74	-711.25	-517.71	-380.5	-140.69	64.41
Treasury Stock	-16.3	-16.3	-16.3	-	-	-
Comprehensive Income & Other	28.74	27.73	25.33	26.41	26.21	6.69
Total Common Equity	697.91	731.39	922.5	1,079	1,318	1,507
Minority Interest	-1.82	-1.77	0.55	1.36	2.35	-0.81
Shareholders' Equity	696.1	729.63	923.05	1,080	1,321	1,506
Total Liabilities & Equity	1,878	1,963	1,985	1,852	2,116	1,944

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	765.94	697.63	515.73	392.48	416.76	35.25
Net Cash (Debt)	-598.8	-427.77	-237.83	-23.71	108.48	544.96
Net Cash Growth	-	-	-	-	-80.09%	-35.18%
Net Cash Per Share	-3.32	-2.37	-1.32	-0.13	0.60	3.02
Filing Date Shares Outstanding	178.82	178.82	178.82	180.23	180.23	180.22
Total Common Shares Outstanding	178.82	178.82	178.82	180.23	180.23	180.22
Working Capital	508.45	530.72	702.24	879.28	1,126	1,157
Book Value Per Share	3.90	4.09	5.16	5.99	7.32	8.36
Tangible Book Value	600.28	630.69	809.84	993.05	1,271	1,465
Tangible Book Value Per Share	3.36	3.53	4.53	5.51	7.05	8.13
Buildings	-	184.73	184.73	184.73	184.73	181.66
Machinery	-	202.93	210	208.16	200.6	169.24

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 15, 2026

Data Sources Report a data error