Hangzhou Toka Ink 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	-	862.68	685.41	723.23	339.58
Trading Asset Securities	-	140	300	200	535
Cash & Short-Term Investments	987.04	1,003	985.41	923.23	874.58
Cash Growth	-1.56%	1.75%	6.73%	5.56%	12.99%
Accounts Receivable	-	436.16	423.38	366.38	400.96
Other Receivables	-	4.71	4.65	4.42	4.1
Receivables	-	440.87	428.03	370.8	405.06
Inventory	-	190.24	165.12	167.27	203.85
Other Current Assets	-	3.6	3.76	1.3	4.38
Total Current Assets	-	1,637	1,582	1,463	1,488
Property, Plant & Equipment	-	309.26	259.06	235.06	248.09
Long-Term Investments	-	17.92	16.89	15.29	-
Goodwill	-	17.93	16.24	-	-
Other Intangible Assets	-	62.47	65.41	51.26	51.41
Long-Term Deferred Tax Assets	-	4.44	3.87	2.43	2.41
Long-Term Deferred Charges	-	0.02	0.01	-	-
Total Assets	-	2,049	1,944	1,767	1,790
Accounts Payable	-	364.82	325.84	314.61	351.6
Accrued Expenses	-	55.58	50.23	45.27	47.61
Short-Term Debt	-	37.8	45.05	-	-
Current Income Taxes Payable	-	8	7.09	2.94	4.26
Current Unearned Revenue	-	0.47	3.54	0.93	1.91
Other Current Liabilities	-	2.8	0.76	0.4	0.75
Total Current Liabilities	-	469.48	432.52	364.16	406.13
Long-Term Unearned Revenue	-	0.08	0.44	0.88	1.33
Long-Term Deferred Tax Liabilities	-	2.71	2.96	0.32	-
Other Long-Term Liabilities	-	0.89	0.89	0.89	0.89
Total Liabilities	-	473.16	436.81	366.26	408.35
Common Stock	-	420.13	416	320	320
Additional Paid-In Capital	-	529.58	503.24	591.78	591.78
Retained Earnings	-	633.69	555.91	484.25	468.67
Treasury Stock	-	-43	-	-	-
Comprehensive Income & Other	-	6.94	4.63	2.32	0.98
Total Common Equity	1,610	1,547	1,480	1,398	1,381
Minority Interest	-	28.94	27.21	2.05	-
Shareholders' Equity	1,678	1,576	1,507	1,400	1,381
Total Liabilities & Equity	-	2,049	1,944	1,767	1,790
Total Debt	25.12	37.8	45.05	-	-
Net Cash (Debt)	961.92	964.88	940.35	923.23	874.58
Net Cash Growth	-0.31%	2.61%	1.85%	5.56%	12.99%
Net Cash Per Share	2.31	2.36	2.30	2.23	2.09
Filing Date Shares Outstanding	403.65	412.57	416	416	416
Total Common Shares Outstanding	416.61	412.57	416	416	416
Working Capital	-	1,168	1,150	1,098	1,082
Book Value Per Share	3.86	3.75	3.56	3.36	3.32
Tangible Book Value	1,444	1,467	1,398	1,347	1,330
Tangible Book Value Per Share	3.47	3.56	3.36	3.24	3.20
Buildings	-	232.46	232.43	197.99	196.18
Machinery	-	463.64	458.92	444.28	431.61
Construction In Progress	-	93.44	17.63	3.7	2.3

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