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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	222.55	269.86	217.88	338.77	525.24	469.61
Trading Asset Securities	-	-	60.01	30	-	110.61
Cash & Short-Term Investments	222.55	269.86	277.89	368.77	525.24	580.22
Cash Growth	-1.26%	-2.89%	-24.64%	-29.79%	-9.47%	-30.99%
Accounts Receivable	1,106	1,051	1,055	885.16	952.35	808.69
Other Receivables	4.37	5.16	11.28	6.75	13.13	5.36
Receivables	1,110	1,056	1,066	891.91	965.48	814.04
Inventory	105.28	96.83	88.06	77.13	139.22	132.87
Other Current Assets	18.69	36.05	45.72	36.19	14.43	27.78
Total Current Assets	1,457	1,459	1,478	1,374	1,644	1,555
Property, Plant & Equipment	228.57	234.45	244.59	251.87	287.31	286.05
Long-Term Investments	44.82	44.91	43.01	41.04	42.04	8.14
Other Intangible Assets	95.36	100.7	112.66	85.89	47.52	42.28
Long-Term Deferred Tax Assets	111.53	108.13	99.07	92.91	75.89	34.92
Long-Term Deferred Charges	11.68	13.58	5.99	4.22	4.03	6.22
Other Long-Term Assets	1.57	2.42	2.38	2.15	15.01	11.02
Total Assets	1,950	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	192.13	234.96	237.63	136	159.96	160.65
Accrued Expenses	59.34	99.5	104.62	77.01	61.37	106.74
Short-Term Debt	473.59	394.93	222	122.49	137.72	-
Current Portion of Long-Term Debt	11.78	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	12.54	-	-	-	0	0.01
Current Unearned Revenue	74.5	80	69.69	50.91	27.41	13.37
Other Current Liabilities	102.24	104.69	119.84	100.39	110.15	99.34
Total Current Liabilities	926.13	928.38	775.51	494.72	517.92	397.87
Long-Term Debt	283.33	279.02	269.37	258.71	247.39	-
Long-Term Leases	11.61	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	19.34	16.87	14.9	14.98	17.22	21.62
Total Liabilities	1,240	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	Jun 30, 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	-732.37	-711.25	-517.71	-380.5	-140.69	64.41
Treasury Stock	-16.3	-16.3	-16.3	-	-	-
Comprehensive Income & Other	29.63	27.73	25.33	26.41	26.21	6.69
Total Common Equity	712.17	731.39	922.5	1,079	1,318	1,507
Minority Interest	-2.18	-1.77	0.55	1.36	2.35	-0.81
Shareholders' Equity	709.99	729.63	923.05	1,080	1,321	1,506
Total Liabilities & Equity	1,950	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	780.31	697.63	515.73	392.48	416.76	35.25
Net Cash (Debt)	-557.76	-427.77	-237.83	-23.71	108.48	544.96
Net Cash Growth	-	-	-	-	-80.09%	-35.18%
Net Cash Per Share	-3.09	-2.37	-1.32	-0.13	0.60	3.02
Filing Date Shares Outstanding	180.13	178.82	178.82	180.23	180.23	180.22
Total Common Shares Outstanding	180.13	178.82	178.82	180.23	180.23	180.22
Working Capital	530.74	530.72	702.24	879.28	1,126	1,157
Book Value Per Share	3.95	4.09	5.16	5.99	7.32	8.36
Tangible Book Value	616.81	630.69	809.84	993.05	1,271	1,465
Tangible Book Value Per Share	3.42	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: Aug 27, 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:

Sep 10, 2026

Data Sources Report a data error