HiVi Acoustics Technology 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	112.2	24.63	40.21	27.03	96.17	106.48
Trading Asset Securities	78.27	164.36	176.79	145.88	87.87	40.77
Cash & Short-Term Investments	190.47	188.99	217.01	172.91	184.04	147.25
Cash Growth	-11.59%	-12.91%	25.50%	-6.05%	24.98%	-40.41%
Accounts Receivable	5.29	8.03	4.12	9.83	11.31	12.82
Other Receivables	1.72	2.84	1.74	2.23	2.59	2.56
Receivables	7.01	10.88	5.85	12.06	13.9	15.38
Inventory	88.58	88.34	83.6	92.57	106.72	154.2
Other Current Assets	8.63	7.1	6.75	4	5.2	2.85
Total Current Assets	294.7	295.3	313.21	281.54	309.86	319.68
Property, Plant & Equipment	146.22	148.4	147.71	159.79	116.37	151.45
Other Intangible Assets	4.57	4.66	4.15	4.65	4.74	4.54
Long-Term Deferred Tax Assets	5.6	4.82	4.53	6.11	4.62	2.84
Long-Term Deferred Charges	0.34	0.45	0.91	2.62	2.41	1.44
Other Long-Term Assets	1.7	1.88	1.72	2.01	29.24	4.06
Total Assets	453.14	455.52	472.22	456.72	467.23	484.01
Accounts Payable	26.4	22.37	35.63	33.5	31.46	25.4
Accrued Expenses	5.01	5.51	12.16	12.17	20.07	13.81
Current Portion of Leases	-	-	-	0.79	-	-
Current Income Taxes Payable	1.47	4.46	0.06	0.01	0.01	0.03
Current Unearned Revenue	13.68	13.31	13.06	3.16	4.07	2.39
Other Current Liabilities	23.03	23.33	12.89	9.98	9.04	5.32
Total Current Liabilities	69.59	68.98	73.81	59.61	64.65	46.95
Long-Term Leases	-	-	-	1.2	-	-
Long-Term Unearned Revenue	2.38	2.43	2.72	3.08	3.49	3.97
Long-Term Deferred Tax Liabilities	0.49	0.52	-	-	-	0.19
Other Long-Term Liabilities	-	-	3	-	0.69	-
Total Liabilities	72.46	71.93	79.53	63.88	68.83	51.11
Common Stock	147.64	147.64	149.61	149.61	149.61	149.61
Additional Paid-In Capital	93.12	93.12	114.16	114.16	114.16	114.16
Retained Earnings	147.94	150.24	159.21	159.32	164.82	179.45
Treasury Stock	-7.06	-7.06	-30	-30	-30	-10.41
Comprehensive Income & Other	-0.99	-0.39	-0.31	-0.25	-0.19	0.09
Total Common Equity	380.66	383.57	392.67	392.84	398.4	432.91
Minority Interest	0.02	0.02	0.01	-	-	-
Shareholders' Equity	380.68	383.58	392.68	392.84	398.4	432.91
Total Liabilities & Equity	453.14	455.52	472.22	456.72	467.23	484.01
Total Debt	-	-	-	1.99	-	-
Net Cash (Debt)	190.47	188.99	217.01	170.93	184.04	147.25
Net Cash Growth	-11.59%	-12.91%	26.96%	-7.13%	24.98%	-40.41%
Net Cash Per Share	1.26	1.25	1.54	1.24	1.38	0.96
Filing Date Shares Outstanding	147.55	163.42	147.04	147.04	147.04	148.72
Total Common Shares Outstanding	147.55	163.42	147.04	147.04	147.04	148.72
Working Capital	225.11	226.32	239.4	221.93	245.21	272.73
Book Value Per Share	2.58	2.35	2.67	2.67	2.71	2.91
Tangible Book Value	376.1	378.91	388.52	388.19	393.67	428.36
Tangible Book Value Per Share	2.55	2.32	2.64	2.64	2.68	2.88
Buildings	-	-	192.46	192.46	164.19	196.06
Machinery	-	-	73.67	73.21	65.85	67.75
Construction In Progress	-	-	24.52	24.51	5.06	0.82

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