Shenzhen Huakong Seg 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	80.06	142.53	567.16	240.16	295.15
Cash & Short-Term Investments	80.06	142.53	567.16	240.16	295.15
Cash Growth	-43.83%	-74.87%	136.16%	-18.63%	-38.60%
Accounts Receivable	689.66	943.19	576.02	946.37	669.86
Other Receivables	466.41	526.14	390.24	195.99	29.49
Receivables	1,156	1,469	966.25	1,142	699.35
Inventory	29.69	28.78	33.57	79.29	78.03
Other Current Assets	86.03	105.39	131.11	138.81	219.67
Total Current Assets	1,352	1,746	1,698	1,601	1,292
Property, Plant & Equipment	68.18	80.25	104.11	240.13	243.63
Long-Term Investments	119.32	119.22	4.26	3.95	9.72
Goodwill	-	-	-	-	1.09
Other Intangible Assets	112.96	86.21	88.91	92.62	95.97
Long-Term Accounts Receivable	1,279	2,137	2,202	2,210	2,319
Long-Term Deferred Tax Assets	58.73	59.67	53.19	18.92	6.47
Long-Term Deferred Charges	7.31	37.49	4.29	4.99	2.66
Other Long-Term Assets	806.94	64.87	91.24	141.42	56.7
Total Assets	3,804	4,330	4,246	4,312	4,028
Accounts Payable	1,085	1,181	687.71	733.07	606.48
Accrued Expenses	98.22	120.69	117.87	55.67	32.01
Short-Term Debt	54.69	39.8	45.86	75.37	3.02
Current Portion of Long-Term Debt	122.59	148.75	515.23	676.7	128.33
Current Portion of Leases	4.54	4.55	10.32	10.02	9.28
Current Income Taxes Payable	24.58	12.29	4.33	1.34	0.14
Current Unearned Revenue	21.65	21.81	19.04	8.19	177.57
Other Current Liabilities	293.43	372.24	600.12	1,087	571.08
Total Current Liabilities	1,705	1,901	2,000	2,647	1,528
Long-Term Debt	538.79	639.56	788.32	939	1,547
Long-Term Leases	3.6	6.09	15.21	20.49	18.63
Long-Term Unearned Revenue	3.11	3.44	3.81	4.37	4.9
Long-Term Deferred Tax Liabilities	97.27	97.4	98.08	3.23	-
Other Long-Term Liabilities	453.16	565.9	280.4	274.34	271.39
Total Liabilities	2,801	3,214	3,186	3,889	3,370
Common Stock	1,007	1,007	1,007	1,007	1,007
Additional Paid-In Capital	1,189	1,201	1,193	1,193	1,193
Retained Earnings	-1,592	-1,478	-1,500	-2,154	-1,937
Comprehensive Income & Other	-	-	-	-	-0.06
Total Common Equity	603.53	729.92	699.41	45.53	263.18
Minority Interest	399.81	386.69	360.08	378.1	394.81
Shareholders' Equity	1,003	1,117	1,059	423.63	657.99
Total Liabilities & Equity	3,804	4,330	4,246	4,312	4,028
Total Debt	724.21	838.76	1,375	1,722	1,706
Net Cash (Debt)	-644.15	-696.23	-807.78	-1,481	-1,411
Net Cash Per Share	-0.64	-0.69	-0.80	-1.47	-1.40
Filing Date Shares Outstanding	1,007	1,007	1,007	1,007	1,007
Total Common Shares Outstanding	1,007	1,007	1,007	1,007	1,007
Working Capital	-353.17	-155.24	-302.39	-1,047	-235.7
Book Value Per Share	0.60	0.73	0.69	0.05	0.26
Tangible Book Value	490.57	643.7	610.5	-47.08	166.12
Tangible Book Value Per Share	0.49	0.64	0.61	-0.05	0.17
Buildings	38.94	38.94	38.94	468.09	455.2
Machinery	105.28	107.41	107.64	312.49	309.47
Construction In Progress	5.24	8.38	13.5	11.08	16.4

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.