Suzhou Hycan Holdings 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	512.5	534.47	328.94	436.82	301.75	317.94
Short-Term Investments	-	-	-	10.7	10.35	-
Trading Asset Securities	45	30.07	149.17	130.19	51	30
Cash & Short-Term Investments	557.5	564.54	478.12	577.71	363.1	347.94
Cash Growth	8.52%	18.08%	-17.24%	59.11%	4.36%	-29.79%
Accounts Receivable	671.49	767.08	714.48	677.31	718.38	570.89
Other Receivables	13.54	20.29	6.13	7.72	92.62	59.63
Receivables	685.03	787.37	720.61	685.03	811	630.52
Inventory	372.16	341.03	409.13	371.3	417.44	386.64
Other Current Assets	71.02	76.62	112.06	76.89	101.87	107.16
Total Current Assets	1,686	1,770	1,720	1,711	1,693	1,472
Property, Plant & Equipment	784.57	812.01	785.17	772.34	816.54	724.02
Long-Term Investments	42.5	38.75	-	-	-	-
Goodwill	-	-	-	45.83	108.77	165.86
Other Intangible Assets	151.75	158.82	170.13	182.69	180.94	112.1
Long-Term Deferred Tax Assets	27.66	27.6	32.27	21.33	16.14	14.48
Long-Term Deferred Charges	12.58	11.75	14.69	15.25	18.88	17.48
Other Long-Term Assets	6.49	6.71	23.4	33.17	27.05	50.63
Total Assets	2,711	2,825	2,746	2,782	2,862	2,557
Accounts Payable	388.55	255.91	341.28	315.13	279.16	210.11
Accrued Expenses	26.26	40.49	35.46	43.74	33.76	29.32
Short-Term Debt	243.1	476.73	403.22	460.21	568.29	394.63
Current Portion of Long-Term Debt	5.2	16.02	214.39	0.4	-	-
Current Portion of Leases	-	17.01	15.49	17.49	15.57	-
Current Income Taxes Payable	19.21	9.03	5.63	6.65	6.8	9.64
Current Unearned Revenue	2.25	1.69	1.9	3.71	2.01	3.01
Other Current Liabilities	9.03	12.4	16.54	4.06	1.62	2.29
Total Current Liabilities	693.59	829.29	1,034	851.39	907.2	649
Long-Term Debt	92	94.09	-	351.16	312.46	293.05
Long-Term Leases	4.79	5.59	17.31	22.66	35.6	-
Long-Term Unearned Revenue	37.91	39.92	31.79	24.19	17.43	19.17
Long-Term Deferred Tax Liabilities	4.1	4.1	6.83	10.63	6.08	9.33
Other Long-Term Liabilities	-	-	-	0.2	-	4.5
Total Liabilities	832.38	972.99	1,090	1,260	1,279	975.05
Common Stock	335.18	341.53	331.4	315.98	315.98	315.98
Additional Paid-In Capital	986.24	1,016	859.8	719.74	719.72	719.72
Retained Earnings	596.77	544.36	473.63	465.19	454.49	452.71
Treasury Stock	-51.19	-62.54	-72.68	-72.68	-	-
Comprehensive Income & Other	-0.3	-0.11	48.61	87.83	87.83	87.84
Total Common Equity	1,867	1,839	1,641	1,516	1,578	1,576
Minority Interest	12.19	12.75	14.99	5.26	4.93	5.54
Shareholders' Equity	1,879	1,852	1,656	1,521	1,583	1,582
Total Liabilities & Equity	2,711	2,825	2,746	2,782	2,862	2,557
Total Debt	345.08	609.44	650.41	851.93	931.91	687.68
Net Cash (Debt)	212.42	-44.9	-172.29	-274.21	-568.81	-339.74
Net Cash Per Share	0.64	-0.14	-0.61	-0.75	-1.94	-1.10
Filing Date Shares Outstanding	334.4	332.4	318.7	303.28	315.98	315.98
Total Common Shares Outstanding	334.4	332.4	318.7	303.28	315.98	315.98
Working Capital	992.13	940.28	686.01	859.54	786.21	823.26
Book Value Per Share	5.58	5.53	5.15	5.00	4.99	4.99
Tangible Book Value	1,715	1,681	1,471	1,288	1,288	1,298
Tangible Book Value Per Share	5.13	5.06	4.61	4.25	4.08	4.11
Buildings	-	486.27	384	367.13	323.34	284.48
Machinery	-	863.87	837.46	770.77	723.66	555.97
Construction In Progress	-	80.17	98.22	77.83	127.51	231.3

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