Hangzhou Century 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	164.35	140.03	415.2	384.89	470.05	781.44
Short-Term Investments	-	-	-	-	-	400
Trading Asset Securities	247.29	355.21	205.7	176.67	200.72	8.6
Cash & Short-Term Investments	411.65	495.24	620.91	561.56	670.77	1,190
Cash Growth	-7.25%	-20.24%	10.57%	-16.28%	-43.64%	62.28%
Accounts Receivable	100.37	78.02	436.73	612.56	839.11	990.96
Other Receivables	5.04	7.85	42.99	44.76	54.86	60.19
Receivables	105.41	85.88	479.72	657.33	893.97	1,051
Inventory	78.14	83.3	176.4	217.17	318.2	316.46
Prepaid Expenses	-	-	2.09	4.14	12.31	-
Other Current Assets	100.27	38.23	11.73	18.09	29.68	35.39
Total Current Assets	695.47	702.64	1,291	1,458	1,925	2,593
Property, Plant & Equipment	118.54	115.53	349.95	398.44	519.88	618.09
Long-Term Investments	127.03	132.3	181.67	225.74	420.29	550.41
Goodwill	-	-	-	69.04	124.24	419.36
Other Intangible Assets	14.66	14.79	45.73	81.46	158.28	173.16
Long-Term Accounts Receivable	-	-	19.93	23.84	26.18	30.11
Long-Term Deferred Tax Assets	1.65	1.76	4.72	3.41	66.28	67.79
Long-Term Deferred Charges	0.62	0.13	4.61	2.9	9.57	23.6
Other Long-Term Assets	3.14	1.39	292.35	329.22	385.01	369.41
Total Assets	961.11	968.55	2,190	2,592	3,635	4,845
Accounts Payable	62.61	63.17	319.19	294.92	334.78	363.82
Accrued Expenses	12.31	10.97	89.17	92.12	87.05	87.08
Short-Term Debt	0.15	0.15	-	385.33	405.94	463.71
Current Portion of Long-Term Debt	4.69	2.27	263.98	206.04	248.14	352.03
Current Portion of Leases	-	-	1.37	1.48	2.18	2.03
Current Income Taxes Payable	1.61	5.03	2.36	0.23	6.14	4.85
Current Unearned Revenue	9.43	7.22	56.89	62.68	53.16	88.56
Other Current Liabilities	60.38	59.95	669.63	195.61	108.41	127.29
Total Current Liabilities	151.19	148.75	1,403	1,238	1,246	1,489
Long-Term Debt	-	-	-	842.56	1,120	1,217
Long-Term Leases	5.72	3.56	1.02	2.24	3.8	4.34
Other Long-Term Liabilities	287.2	287.2	197.33	1.38	0.99	1.01
Total Liabilities	444.11	439.52	1,601	2,085	2,371	2,711
Common Stock	1,118	1,118	1,125	872.49	863.77	866.13
Additional Paid-In Capital	1,774	1,774	1,830	1,348	1,358	1,336
Retained Earnings	-2,394	-2,385	-2,318	-1,816	-942.18	-64.3
Treasury Stock	-	-	-49.97	-78.27	-257.56	-272.64
Comprehensive Income & Other	7.32	8.86	-7.43	169.3	221.66	243.81
Total Common Equity	504.37	515	579.79	495.04	1,244	2,109
Minority Interest	12.62	14.03	9.07	12.71	19.54	24.31
Shareholders' Equity	517	529.03	588.86	507.74	1,264	2,134
Total Liabilities & Equity	961.11	968.55	2,190	2,592	3,635	4,845
Total Debt	10.56	5.98	266.36	1,438	1,780	2,039
Net Cash (Debt)	401.09	489.26	354.54	-876.09	-1,110	-848.81
Net Cash Growth	-9.14%	38.00%	-	-	-	-
Net Cash Per Share	0.36	0.44	0.37	-1.06	-1.34	-1.02
Filing Date Shares Outstanding	908.81	-	1,118	865.27	830.3	832.64
Total Common Shares Outstanding	908.81	-	1,118	865.27	830.3	866.13
Working Capital	544.28	553.89	-111.74	219.88	679.13	1,104
Book Value Per Share	0.55	-	0.52	0.57	1.50	2.44
Tangible Book Value	489.71	500.21	534.06	344.54	961.58	1,517
Tangible Book Value Per Share	0.54	-	0.48	0.40	1.16	1.75
Buildings	-	-	387.76	387.76	387.76	429.17
Machinery	-	-	374.05	405.05	468.31	473.12
Construction In Progress	-	-	0.88	-	0.1	0.65

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