Jiangxi Hengda Hi-Tech Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	91.88	-	98.7	126.37	71.82	113.91
Short-Term Investments	-	-	-	10	-	-
Trading Asset Securities	33.74	-	-	-	27.08	89.82
Cash & Short-Term Investments	125.62	93.91	98.7	136.37	98.9	203.72
Cash Growth	2.27%	-4.86%	-27.62%	37.88%	-51.45%	7.22%
Accounts Receivable	185.67	-	246.01	280.54	268.94	324.57
Other Receivables	16.97	-	3.21	2.73	12.5	11.32
Receivables	202.64	-	249.23	283.27	281.44	335.89
Inventory	220.29	-	50.54	74.68	66.15	97.01
Prepaid Expenses	-	-	0.02	0.23	0.21	0.41
Other Current Assets	55.84	-	53.18	38.08	77.08	47.16
Total Current Assets	604.39	-	451.66	532.63	523.78	684.2
Property, Plant & Equipment	211.28	-	213.66	250.53	333.07	272.87
Long-Term Investments	45.47	-	14.17	41.04	26.55	25.89
Goodwill	-	-	-	-	-	15.97
Other Intangible Assets	27.37	-	24.3	24.18	24.89	25.66
Long-Term Accounts Receivable	-	-	6.62	7.71	23.74	-
Long-Term Deferred Tax Assets	1.07	-	17.33	21.68	22.05	20.84
Long-Term Deferred Charges	0.44	-	0.12	0.53	0.66	0.44
Other Long-Term Assets	138.78	-	142.85	137.35	53.95	57.22
Total Assets	1,029	-	870.71	1,016	1,009	1,103
Accounts Payable	40.45	-	46.05	93.28	69.46	104.58
Accrued Expenses	4.34	-	21.39	28.94	27.76	32.51
Short-Term Debt	139.4	-	80.37	142.85	102.79	82.05
Current Portion of Long-Term Debt	4.82	-	0.73	0.73	27.1	28.36
Current Portion of Leases	-	-	2.89	4.33	1.33	5.69
Current Income Taxes Payable	3.35	-	4.25	3.74	2.06	3.3
Current Unearned Revenue	120.09	-	2.75	10.45	14.65	13.73
Other Current Liabilities	52.64	-	29.82	36.44	12.18	9.23
Total Current Liabilities	365.09	-	188.25	320.75	257.31	279.46
Long-Term Debt	13.98	-	4.71	5.43	21.55	28.19
Long-Term Leases	0.42	-	2.19	4.05	0.37	3.07
Long-Term Unearned Revenue	3.66	-	3.68	2	2.32	2.64
Long-Term Deferred Tax Liabilities	0.04	-	0.05	0.04	0.02	0.01
Other Long-Term Liabilities	1.85	-	5.41	5.39	7.01	5.22
Total Liabilities	385.05	-	204.29	337.66	288.59	318.59
Common Stock	300.2	-	300.2	300.2	300.2	300.2
Additional Paid-In Capital	815.85	-	815.85	815.85	815.85	815.85
Retained Earnings	-465.79	-	-446.15	-435.53	-394.93	-332.54
Comprehensive Income & Other	-10.57	-	-9.05	-9.09	-8.36	-7.38
Total Common Equity	639.69	658.61	660.85	671.43	712.76	776.12
Minority Interest	4.05	-	5.57	6.56	7.33	8.37
Shareholders' Equity	643.74	663.14	666.42	677.99	720.09	784.5
Total Liabilities & Equity	1,029	-	870.71	1,016	1,009	1,103
Total Debt	158.62	114.28	90.89	157.39	153.14	147.37
Net Cash (Debt)	-33	-20.37	7.81	-21.02	-54.23	56.35
Net Cash Growth	-	-	-	-	-	-58.96%
Net Cash Per Share	-0.11	-0.07	0.03	-0.07	-0.18	0.19
Filing Date Shares Outstanding	300.35	304.17	300.2	300.2	300.2	300.2
Total Common Shares Outstanding	300.35	304.17	300.2	300.2	300.2	300.2
Working Capital	239.29	-	263.41	211.88	266.47	404.74
Book Value Per Share	2.13	2.19	2.20	2.24	2.37	2.59
Tangible Book Value	612.32	633.96	636.56	647.25	687.87	734.49
Tangible Book Value Per Share	2.04	2.11	2.12	2.16	2.29	2.45
Buildings	-	-	214.52	235.29	155.37	154.99
Machinery	-	-	155.99	156.32	153.33	160.87
Construction In Progress	7.54	-	0.8	1.05	154.2	79.72

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