Hunan Development Group 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	836.64	606.75	704.05	714.32	431.99	759.34
Short-Term Investments	-	54.4	52.17	-	-	-
Trading Asset Securities	-	-	7.84	37.54	404.7	377
Accounts Receivable	51.34	27.55	17.18	28.3	23.43	16.17
Other Receivables	359	386.52	369.28	191.4	46.93	1.38
Inventory	6.69	13.42	7.87	4.42	4.08	65.07
Prepaid Expenses	-	2.48	1.93	-	-	-
Other Current Assets	263.16	350.77	414.49	459.4	467.74	353.79
Total Current Assets	1,517	1,442	1,575	1,435	1,379	1,573
Property, Plant & Equipment	1,549	1,533	1,568	1,614	1,341	1,404
Other Intangible Assets	68.7	70.88	35.49	36.21	12.64	13.04
Long-Term Investments	126.87	132.67	214.41	209.89	418.64	325.55
Long-Term Deferred Tax Assets	8.42	2.58	0.17	0.45	0.16	0.14
Long-Term Deferred Charges	7.05	8.07	8.9	10.74	8.23	9.59
Other Long-Term Assets	245	252.45	221.28	331.83	185.45	-
Total Assets	3,522	3,441	3,623	3,639	3,345	3,325
Accounts Payable	40.43	52.88	48.06	83.85	7.49	0.37
Accrued Expenses	32.88	40.83	33.93	28.15	27.52	24.41
Current Portion of Long-Term Debt	21.73	1.09	-	-	28	28
Current Unearned Revenue	9.45	22.11	30.79	42.3	41.78	48.37
Current Portion of Leases	-	-	-	0.05	0.17	-
Current Income Taxes Payable	9.42	8.35	11.43	4.46	2.84	3.19
Other Current Liabilities	52.4	43.56	25.84	18.57	24.32	34.15
Total Current Liabilities	166.31	168.82	150.04	177.39	132.12	138.48
Long-Term Debt	143.45	99	-	-	70	98
Long-Term Leases	16.61	-	-	0.14	0.56	-
Long-Term Unearned Revenue	1.69	1.73	1.79	3.37	2.74	3.47
Total Liabilities	334.86	269.55	151.83	180.9	205.42	239.95
Common Stock	464.16	464.16	464.16	464.16	464.16	464.16
Additional Paid-In Capital	2,005	2,005	2,115	2,128	2,135	2,135
Retained Earnings	674.35	633.53	588.93	539.47	516.74	443.42
Comprehensive Income & Other	3.71	1.83	1.55	1.5	-	-
Total Common Equity	3,147	3,104	3,170	3,133	3,116	3,042
Minority Interest	39.78	67.1	301.41	325.29	23.86	42.79
Shareholders' Equity	3,187	3,172	3,471	3,458	3,139	3,085
Total Liabilities & Equity	3,522	3,441	3,623	3,639	3,345	3,325
Total Debt	181.79	100.09	-	0.19	98.72	126
Net Cash (Debt)	654.84	561.05	764.05	751.67	737.97	1,010
Net Cash Growth	26.04%	-26.57%	1.65%	1.86%	-26.96%	-13.31%
Net Cash Per Share	1.49	1.24	1.70	1.63	1.60	2.17
Filing Date Shares Outstanding	464.16	464.16	464.16	464.16	464.16	464.16
Total Common Shares Outstanding	464.16	464.16	464.16	464.16	464.16	464.16
Working Capital	1,351	1,273	1,425	1,258	1,247	1,434
Book Value Per Share	6.78	6.69	6.83	6.75	6.71	6.55
Tangible Book Value	3,078	3,034	3,134	3,096	3,103	3,029
Tangible Book Value Per Share	6.63	6.54	6.75	6.67	6.68	6.53
Buildings	-	1,941	1,940	1,850	1,563	1,563
Machinery	-	782.07	780.86	716.99	558.3	559.04
Construction In Progress	-	60.89	17.6	134.64	-	-

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