Zhejiang Heda Technology 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	323.23	331.51	281.51	333.13	461.9
Trading Asset Securities	-	-	50	-	-
Cash & Short-Term Investments	323.23	331.51	331.51	333.13	461.9
Cash Growth	-2.50%	-0.00%	-0.49%	-27.88%	101.56%
Accounts Receivable	247.64	307.57	299.85	335.65	265.52
Other Receivables	6.89	20.91	27.67	35.18	10.94
Receivables	254.53	328.48	327.52	370.82	276.46
Inventory	115.12	71.75	102.49	99.39	84.9
Other Current Assets	47.79	34.96	35.8	29.19	24.24
Total Current Assets	740.67	766.7	797.32	832.53	847.5
Property, Plant & Equipment	97.13	105.68	106.29	49.68	63.06
Long-Term Investments	64.83	47.81	43.86	17.83	6.67
Other Intangible Assets	10.9	11.03	11.34	6.46	13.23
Long-Term Accounts Receivable	15.91	15.99	19.81	20.78	13.2
Long-Term Deferred Tax Assets	25.9	27.26	19.05	6.22	4.21
Long-Term Deferred Charges	7.66	4.5	1.46	1.9	3.93
Other Long-Term Assets	-	-	0.11	50.56	0.17
Total Assets	962.99	978.96	999.23	985.96	951.97
Accounts Payable	149.2	149.35	129.29	144.94	112.92
Accrued Expenses	38.45	41.5	44.54	39.8	44.2
Short-Term Debt	30.66	19.72	15.4	4.01	-
Current Portion of Long-Term Debt	0.5	-	-	-	-
Current Portion of Leases	3.5	3.56	3.62	4	3.81
Current Income Taxes Payable	0.07	0.09	0.08	0.07	7.47
Current Unearned Revenue	69.45	29.79	69.36	26	31.44
Other Current Liabilities	19.37	15.46	12.72	1.84	5.48
Total Current Liabilities	311.2	259.47	275	220.67	205.32
Long-Term Debt	33.07	-	-	-	-
Long-Term Leases	5.1	8.22	8.21	1.83	3
Long-Term Unearned Revenue	6.75	7.15	7.56	5.76	6.3
Long-Term Deferred Tax Liabilities	0	-	-	-	-
Other Long-Term Liabilities	2.62	4.57	4.9	4.69	5.07
Total Liabilities	358.74	279.42	295.67	232.95	219.7
Common Stock	107.9	108.24	107.39	107.39	107.39
Additional Paid-In Capital	384.25	386.99	380.21	380.19	380.19
Retained Earnings	136.86	206.59	212.23	257.84	235.88
Treasury Stock	-32.08	-7.63	-	-	-
Comprehensive Income & Other	-0.86	-2.34	-1.48	-1.25	-0.54
Total Common Equity	596.08	691.86	698.35	744.18	722.93
Minority Interest	8.17	7.69	5.21	8.84	9.35
Shareholders' Equity	604.25	699.54	703.56	753.01	732.28
Total Liabilities & Equity	962.99	978.96	999.23	985.96	951.97
Total Debt	72.83	31.5	27.23	9.85	6.81
Net Cash (Debt)	250.4	300.01	304.28	323.28	455.09
Net Cash Growth	-16.54%	-1.41%	-5.88%	-28.96%	113.49%
Net Cash Per Share	2.33	2.66	2.78	2.98	4.95
Filing Date Shares Outstanding	107.9	108.24	107.39	107.39	107.39
Total Common Shares Outstanding	107.9	108.24	107.39	107.39	107.39
Working Capital	429.46	507.22	522.31	611.86	642.18
Book Value Per Share	5.52	6.39	6.50	6.93	6.73
Tangible Book Value	585.18	680.83	687.01	737.71	709.7
Tangible Book Value Per Share	5.42	6.29	6.40	6.87	6.61
Buildings	93.02	93.02	90.59	37.2	-
Machinery	24.86	23.12	19.83	16.2	13.13
Construction In Progress	-	-	-	-	50.12

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