SWS Hemodialysis Care 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	-	631.44	772.48	1,442	171.55
Short-Term Investments	-	-	-	-	0.01
Trading Asset Securities	-	763.88	622.95	30.46	-
Cash & Short-Term Investments	1,432	1,395	1,395	1,472	171.56
Cash Growth	2.66%	-0.01%	-5.23%	758.25%	-29.86%
Accounts Receivable	-	108.9	105.77	121.55	128.25
Other Receivables	-	6.43	12.5	16.68	9.65
Receivables	-	115.33	118.27	138.23	137.9
Inventory	-	152.97	148.16	133.69	61.8
Other Current Assets	-	14.43	8.52	12.24	9.08
Total Current Assets	-	1,678	1,670	1,757	380.34
Property, Plant & Equipment	-	179.99	123.6	127.97	137.57
Other Intangible Assets	-	113.77	122.91	22.6	13.57
Long-Term Deferred Tax Assets	-	16.14	14.41	9.11	4.85
Long-Term Deferred Charges	-	2.09	2.99	9.09	18.71
Other Long-Term Assets	-	21.51	1.48	0.4	0.89
Total Assets	-	2,012	1,936	1,926	555.92
Accounts Payable	-	71.89	34.78	83.22	20.6
Accrued Expenses	-	53.37	30.23	30.27	15.59
Current Portion of Long-Term Debt	-	-	-	10.02	8.03
Current Portion of Leases	-	1.49	2.98	3.14	3.08
Current Income Taxes Payable	-	1.46	4.6	8.67	4.03
Current Unearned Revenue	-	53.82	54.68	158.25	5.86
Other Current Liabilities	-	49.94	9.58	22.74	8.9
Total Current Liabilities	-	231.97	136.84	316.3	66.09
Long-Term Debt	-	-	-	2.8	12.8
Long-Term Leases	-	1.04	3.81	5.84	7.61
Long-Term Unearned Revenue	-	67.58	61.17	57.47	61.79
Long-Term Deferred Tax Liabilities	-	3.25	3.5	2.37	-
Other Long-Term Liabilities	-	29.42	34.94	25.49	18.2
Total Liabilities	-	333.26	240.26	410.27	166.49
Common Stock	-	321.32	215.65	144.73	108.54
Additional Paid-In Capital	-	1,176	1,285	1,340	307.05
Retained Earnings	-	224.08	196.32	30.77	-28.91
Treasury Stock	-	-34.02	-	-	-
Total Common Equity	1,773	1,687	1,697	1,515	386.68
Minority Interest	-	-8.76	-1.88	0.41	2.75
Shareholders' Equity	1,762	1,678	1,696	1,515	389.43
Total Liabilities & Equity	-	2,012	1,936	1,926	555.92
Total Debt	2.55	2.53	6.79	21.81	31.52
Net Cash (Debt)	1,430	1,393	1,389	1,451	140.04
Net Cash Growth	2.66%	0.30%	-4.27%	935.84%	-3.88%
Net Cash Per Share	4.45	4.36	4.32	4.52	0.58
Filing Date Shares Outstanding	320.79	318.5	319.6	321.32	240.97
Total Common Shares Outstanding	318.5	318.5	319.6	321.32	240.97
Working Capital	-	1,446	1,534	1,440	314.26
Book Value Per Share	5.57	5.30	5.31	4.72	1.60
Tangible Book Value	1,660	1,573	1,574	1,492	373.12
Tangible Book Value Per Share	5.21	4.94	4.93	4.64	1.55
Buildings	-	80.27	79.63	79.63	74.71
Machinery	-	123.04	114.97	109.46	106.63
Construction In Progress	-	68	4.33	3.78	7.89

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