Zhejiang Heda 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	44.41	331.51	281.51	333.13	461.9	229.16
Trading Asset Securities	196	-	50	-	-	-
Cash & Short-Term Investments	240.41	331.51	331.51	333.13	461.9	229.16
Cash Growth	0.77%	-0.00%	-0.49%	-27.88%	101.56%	25.95%
Accounts Receivable	281.81	307.57	299.85	335.65	265.52	168.76
Other Receivables	7.59	20.91	27.67	35.18	10.94	9
Receivables	289.41	328.48	327.52	370.82	276.46	177.76
Inventory	134.91	71.75	102.49	99.39	84.9	64.2
Other Current Assets	54	34.96	35.8	29.19	24.24	14.69
Total Current Assets	718.71	766.7	797.32	832.53	847.5	485.82
Property, Plant & Equipment	99.34	105.68	106.29	49.68	63.06	31.01
Long-Term Investments	65.26	47.81	43.86	17.83	6.67	3.97
Other Intangible Assets	11.09	11.03	11.34	6.46	13.23	13.8
Long-Term Accounts Receivable	15.91	15.99	19.81	20.78	13.2	-
Long-Term Deferred Tax Assets	40.07	27.26	19.05	6.22	4.21	2.77
Long-Term Deferred Charges	6.53	4.5	1.46	1.9	3.93	6.02
Other Long-Term Assets	-	-	0.11	50.56	0.17	0.34
Total Assets	956.92	978.96	999.23	985.96	951.97	543.73
Accounts Payable	144.22	149.35	129.29	144.94	112.92	72.46
Accrued Expenses	21.29	41.5	44.54	39.8	44.2	34.76
Short-Term Debt	18.87	19.72	15.4	4.01	-	-
Current Portion of Leases	4	3.56	3.62	4	3.81	-
Current Income Taxes Payable	1.93	0.09	0.08	0.07	7.47	5.14
Current Unearned Revenue	72.46	29.79	69.36	26	31.44	48.07
Other Current Liabilities	12.52	15.46	12.72	1.84	5.48	3.05
Total Current Liabilities	275.29	259.47	275	220.67	205.32	163.49
Long-Term Debt	24.8	-	-	-	-	16
Long-Term Leases	5.59	8.22	8.21	1.83	3	-
Long-Term Unearned Revenue	6.85	7.15	7.56	5.76	6.3	5.57
Other Long-Term Liabilities	3.79	4.57	4.9	4.69	5.07	3.63
Total Liabilities	316.33	279.42	295.67	232.95	219.7	188.7
Common Stock	107.9	108.24	107.39	107.39	107.39	80.54
Additional Paid-In Capital	385.33	386.99	380.21	380.19	380.19	131.66
Retained Earnings	170.32	206.59	212.23	257.84	235.88	135.66
Treasury Stock	-27.32	-7.63	-	-	-	-
Comprehensive Income & Other	-0.85	-2.34	-1.48	-1.25	-0.54	-1.04
Total Common Equity	635.38	691.86	698.35	744.18	722.93	346.83
Minority Interest	5.21	7.69	5.21	8.84	9.35	8.2
Shareholders' Equity	640.59	699.54	703.56	753.01	732.28	355.03
Total Liabilities & Equity	956.92	978.96	999.23	985.96	951.97	543.73
Total Debt	53.27	31.5	27.23	9.85	6.81	16
Net Cash (Debt)	187.14	300.01	304.28	323.28	455.09	213.17
Net Cash Growth	-11.74%	-1.41%	-5.88%	-28.96%	113.49%	18.32%
Net Cash Per Share	1.95	2.66	2.78	2.98	4.95	2.65
Filing Date Shares Outstanding	106.2	108.24	107.39	107.39	107.39	80.54
Total Common Shares Outstanding	106.2	108.24	107.39	107.39	107.39	80.54
Working Capital	443.42	507.22	522.31	611.86	642.18	322.32
Book Value Per Share	5.98	6.39	6.50	6.93	6.73	4.31
Tangible Book Value	624.29	680.83	687.01	737.71	709.7	333.03
Tangible Book Value Per Share	5.88	6.29	6.40	6.87	6.61	4.13
Buildings	-	93.02	90.59	37.2	-	-
Machinery	-	23.12	19.83	16.2	13.13	11.36
Construction In Progress	-	-	-	-	50.12	25.24

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