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 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	403.98	486.76	534.47	328.94	436.82	301.75
Short-Term Investments	-	-	-	-	10.7	10.35
Trading Asset Securities	156.87	70.73	30.07	149.17	130.19	51
Cash & Short-Term Investments	560.85	557.49	564.54	478.12	577.71	363.1
Cash Growth	-8.67%	-1.25%	18.08%	-17.24%	59.11%	4.36%
Accounts Receivable	705.82	594.97	767.08	714.48	677.31	718.38
Other Receivables	4.06	6.26	20.29	6.13	7.72	92.62
Receivables	709.88	601.23	787.37	720.61	685.03	811
Inventory	393.95	330.26	341.03	409.13	371.3	417.44
Other Current Assets	85.89	65.75	76.62	112.06	76.89	101.87
Total Current Assets	1,751	1,555	1,770	1,720	1,711	1,693
Property, Plant & Equipment	795.27	773.4	812.01	785.17	772.34	816.54
Long-Term Investments	47.5	47.5	38.75	-	-	-
Goodwill	27.66	-	-	-	45.83	108.77
Other Intangible Assets	150.53	149.62	158.82	170.13	182.69	180.94
Long-Term Deferred Tax Assets	23.5	22.9	27.6	32.27	21.33	16.14
Long-Term Deferred Charges	14.67	12.6	11.75	14.69	15.25	18.88
Other Long-Term Assets	15.61	40.13	6.71	23.4	33.17	27.05
Total Assets	2,825	2,601	2,825	2,746	2,782	2,862
Accounts Payable	282	279.2	255.91	341.28	315.13	279.16
Accrued Expenses	19.7	37.89	40.85	35.46	43.74	33.76
Short-Term Debt	367.1	271.1	476.73	403.22	460.21	568.29
Current Portion of Long-Term Debt	24.13	30.16	16.02	214.39	0.4	-
Current Portion of Leases	-	6.32	17.01	15.49	17.49	15.57
Current Income Taxes Payable	21.84	9.74	9.03	5.63	6.65	6.8
Current Unearned Revenue	10.64	2.06	1.69	1.9	3.71	2.01
Other Current Liabilities	22.1	12.65	12.04	16.54	4.06	1.62
Total Current Liabilities	747.51	649.11	829.29	1,034	851.39	907.2
Long-Term Debt	96.38	49.9	94.09	-	351.16	312.46
Long-Term Leases	25.17	2.49	5.59	17.31	22.66	35.6
Long-Term Unearned Revenue	41.83	40.07	39.92	31.79	24.19	17.43
Long-Term Deferred Tax Liabilities	2.82	1.44	4.1	6.83	10.63	6.08
Other Long-Term Liabilities	17.3	-	-	-	0.2	-
Total Liabilities	931.01	743.01	972.99	1,090	1,260	1,279
Common Stock	335.18	335.18	341.53	331.4	315.98	315.98
Additional Paid-In Capital	986.24	986.24	1,016	859.8	719.74	719.72
Retained Earnings	650.24	624.64	544.36	473.63	465.19	454.49
Treasury Stock	-122.64	-96.54	-62.54	-72.68	-72.68	-
Comprehensive Income & Other	-0.95	-0.49	-0.11	48.61	87.83	87.83
Total Common Equity	1,848	1,849	1,839	1,641	1,516	1,578
Minority Interest	46.24	8.85	12.75	14.99	5.26	4.93
Shareholders' Equity	1,894	1,858	1,852	1,656	1,521	1,583
Total Liabilities & Equity	2,825	2,601	2,825	2,746	2,782	2,862
Total Debt	512.78	359.97	609.44	650.41	851.93	931.91
Net Cash (Debt)	48.07	197.53	-44.9	-172.29	-274.21	-568.81
Net Cash Growth	10.87%	-	-	-	-	-
Net Cash Per Share	0.15	0.59	-0.14	-0.61	-0.75	-1.94
Filing Date Shares Outstanding	320.01	325.49	332.4	318.7	303.28	315.98
Total Common Shares Outstanding	320.01	325.49	332.4	318.7	303.28	315.98
Working Capital	1,003	905.62	940.28	686.01	859.54	786.21
Book Value Per Share	5.77	5.68	5.53	5.15	5.00	4.99
Tangible Book Value	1,670	1,699	1,681	1,471	1,288	1,288
Tangible Book Value Per Share	5.22	5.22	5.06	4.61	4.25	4.08
Buildings	-	484.69	486.27	384	367.13	323.34
Machinery	-	845.3	863.87	837.46	770.77	723.66
Construction In Progress	-	127.93	80.17	98.22	77.83	127.51

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