Xin Hee 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	576.91	648.51	701.23	687.6	866.3	1,581
Short-Term Investments	145.39	289.42	131.26	180.08	10	-
Trading Asset Securities	269.37	303.69	338.5	322.61	292.52	70.6
Cash & Short-Term Investments	991.67	1,242	1,171	1,190	1,169	1,652
Cash Growth	0.15%	6.03%	-1.62%	1.84%	-29.25%	-1.56%
Accounts Receivable	94.43	121.86	120.47	162.56	191.27	194.3
Other Receivables	66.39	71.36	64.45	67.9	77.02	81.56
Receivables	160.82	193.23	184.91	230.46	268.29	275.86
Inventory	458.53	511.54	655.17	769.06	781.78	605.49
Other Current Assets	157.3	12.85	13.1	23.16	21.19	14.53
Total Current Assets	1,768	1,959	2,024	2,213	2,240	2,548
Property, Plant & Equipment	938.23	958.09	909.23	938.6	1,002	1,008
Long-Term Investments	474.78	313.92	190.38	176.12	103.27	-
Other Intangible Assets	149.14	151.11	156.67	160.59	87.76	91.4
Long-Term Deferred Tax Assets	110.61	109.59	88.77	55.23	82.62	89.91
Long-Term Deferred Charges	51.61	62.13	42.07	45.5	77.09	94.07
Other Long-Term Assets	30.84	32	42.12	47.04	51.67	18.47
Total Assets	3,524	3,586	3,453	3,636	3,645	3,850
Accounts Payable	82.11	119.82	108.53	182.49	273.38	228.88
Accrued Expenses	103.81	138.16	134.35	161.23	161.48	218.52
Short-Term Debt	81	79	50	120.07	-	-
Current Portion of Long-Term Debt	143.42	122.74	46.16	2.77	1.04	-
Current Portion of Leases	-	70.8	46.61	55.88	76.81	92.98
Current Income Taxes Payable	28.49	12.06	3.1	5.86	12.01	11.29
Current Unearned Revenue	63.76	65.71	73.78	82.98	89.81	88.02
Other Current Liabilities	78.1	90.62	78.89	91	90.29	86.47
Total Current Liabilities	580.69	698.9	541.43	702.29	704.83	726.16
Long-Term Debt	175	125	223.78	90.14	34.5	-
Long-Term Leases	69.69	81.39	30	19.99	32.78	47.69
Long-Term Unearned Revenue	3.4	3.44	1.59	1.74	1.89	2.03
Long-Term Deferred Tax Liabilities	-	-	0.57	0.56	22.63	28.58
Total Liabilities	828.78	908.72	797.36	814.72	796.64	804.46
Common Stock	420.52	420.52	428.52	430.04	431.65	432.36
Additional Paid-In Capital	1,173	1,172	1,241	1,247	1,256	1,258
Retained Earnings	1,097	1,079	1,061	1,223	1,247	1,372
Treasury Stock	-	-	-87.4	-92.89	-100.26	-25.39
Comprehensive Income & Other	4.48	6.48	13.37	15.01	13.46	8.77
Total Common Equity	2,695	2,677	2,656	2,821	2,848	3,046
Minority Interest	-0.06	-0.14	-	-	-	-
Shareholders' Equity	2,695	2,677	2,656	2,821	2,848	3,046
Total Liabilities & Equity	3,524	3,586	3,453	3,636	3,645	3,850
Total Debt	469.11	478.92	396.55	288.85	145.13	140.68
Net Cash (Debt)	522.56	762.7	774.44	901.44	1,024	1,511
Net Cash Growth	-17.41%	-1.52%	-14.09%	-11.94%	-32.27%	-9.95%
Net Cash Per Share	1.25	1.82	1.85	2.15	2.41	3.50
Filing Date Shares Outstanding	420.52	420.52	418.52	413.42	421.65	432.36
Total Common Shares Outstanding	420.52	420.52	418.52	413.42	421.65	432.36
Working Capital	1,188	1,260	1,483	1,511	1,535	1,822
Book Value Per Share	6.41	6.37	6.35	6.82	6.75	7.04
Tangible Book Value	2,546	2,526	2,499	2,661	2,760	2,954
Tangible Book Value Per Share	6.05	6.01	5.97	6.44	6.55	6.83
Buildings	-	835.54	834.57	834.57	834.24	277.21
Machinery	-	119.7	125.43	124.55	119.19	107.09
Construction In Progress	-	9.01	3.77	1.49	10.03	589.36