Hunan Development Group 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	870.8	606.75	704.05	714.32	431.99
Short-Term Investments	-	54.4	52.17	-	-
Trading Asset Securities	-	-	7.84	37.54	404.7
Accounts Receivable	40.37	27.55	17.18	28.3	23.43
Other Receivables	358.65	386.52	369.28	191.4	46.93
Inventory	4.04	13.42	7.87	4.42	4.08
Prepaid Expenses	-	2.48	1.93	-	-
Other Current Assets	268.1	350.77	414.49	459.4	467.74
Total Current Assets	1,542	1,442	1,575	1,435	1,379
Property, Plant & Equipment	1,571	1,533	1,568	1,614	1,341
Other Intangible Assets	61.52	70.88	35.49	36.21	12.64
Long-Term Investments	115.32	132.67	214.41	209.89	418.64
Long-Term Deferred Tax Assets	0.91	2.58	0.17	0.45	0.16
Long-Term Deferred Charges	9.87	8.07	8.9	10.74	8.23
Other Long-Term Assets	247.22	252.45	221.28	331.83	185.45
Total Assets	3,548	3,441	3,623	3,639	3,345
Accounts Payable	53.07	52.88	48.06	83.85	7.49
Accrued Expenses	33.32	40.83	33.93	28.15	27.52
Current Portion of Long-Term Debt	15.48	1.09	-	-	28
Current Unearned Revenue	1.7	22.11	30.79	42.3	41.78
Current Portion of Leases	-	-	-	0.05	0.17
Current Income Taxes Payable	5.1	8.35	11.43	4.46	2.84
Other Current Liabilities	63.39	43.56	25.84	18.57	24.32
Total Current Liabilities	172.07	168.82	150.04	177.39	132.12
Long-Term Debt	167.35	99	-	-	70
Long-Term Leases	16.74	-	-	0.14	0.56
Long-Term Unearned Revenue	1.67	1.73	1.79	3.37	2.74
Total Liabilities	357.82	269.55	151.83	180.9	205.42
Common Stock	464.16	464.16	464.16	464.16	464.16
Additional Paid-In Capital	2,005	2,005	2,115	2,128	2,135
Retained Earnings	682.46	633.53	588.93	539.47	516.74
Comprehensive Income & Other	2.81	1.83	1.55	1.5	-
Total Common Equity	3,154	3,104	3,170	3,133	3,116
Minority Interest	35.69	67.1	301.41	325.29	23.86
Shareholders' Equity	3,190	3,172	3,471	3,458	3,139
Total Liabilities & Equity	3,548	3,441	3,623	3,639	3,345
Total Debt	199.56	100.09	-	0.19	98.72
Net Cash (Debt)	671.24	561.05	764.05	751.67	737.97
Net Cash Growth	19.64%	-26.57%	1.65%	1.86%	-26.96%
Net Cash Per Share	1.49	1.24	1.70	1.63	1.60
Filing Date Shares Outstanding	431.39	464.16	464.16	464.16	464.16
Total Common Shares Outstanding	431.39	464.16	464.16	464.16	464.16
Working Capital	1,370	1,273	1,425	1,258	1,247
Book Value Per Share	7.31	6.69	6.83	6.75	6.71
Tangible Book Value	3,093	3,034	3,134	3,096	3,103
Tangible Book Value Per Share	7.17	6.54	6.75	6.67	6.68
Buildings	-	1,941	1,940	1,850	1,563
Machinery	-	782.07	780.86	716.99	558.3
Construction In Progress	-	60.89	17.6	134.64	-

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