Hongli Zhihui Group 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	1,212	869.08	930.72	777.95	548.52	402.21
Short-Term Investments	-	111.59	-	-	-	-
Trading Asset Securities	20.2	20.12	10.05	0.06	0.08	0.12
Cash & Short-Term Investments	1,232	1,001	940.77	778	548.61	402.34
Cash Growth	45.98%	6.38%	20.92%	41.82%	36.35%	82.01%
Accounts Receivable	1,470	1,779	1,609	1,446	1,172	1,099
Other Receivables	81.57	83.64	135.07	135.54	163.7	184.99
Receivables	1,551	1,863	1,745	1,582	1,336	1,284
Inventory	900.56	761.79	725.6	577.84	505.59	612.17
Other Current Assets	208.99	73	73.27	55.08	60	114.23
Total Current Assets	3,893	3,698	3,484	2,993	2,450	2,412
Property, Plant & Equipment	1,849	1,879	1,839	1,838	1,831	1,523
Long-Term Investments	62	68.89	93.89	120.09	169.24	182.2
Goodwill	15.94	15.94	15.94	15.94	15.94	15.94
Other Intangible Assets	121.95	123.26	119.17	130.15	147.36	145.21
Long-Term Accounts Receivable	-	14.95	23.83	33.07	36.89	6.27
Long-Term Deferred Tax Assets	45.83	44.54	57.62	78.65	82.36	84.05
Long-Term Deferred Charges	150.71	148.94	105.95	48.51	37.57	53.3
Other Long-Term Assets	126.09	115.21	180.12	97.87	102.19	64.54
Total Assets	6,264	6,111	5,922	5,356	4,872	4,487
Accounts Payable	2,325	2,246	2,099	1,401	1,060	1,324
Accrued Expenses	63.73	119.58	120.48	156.57	132.13	107.31
Short-Term Debt	397.58	352.21	384.31	250.3	240.23	401.97
Current Portion of Long-Term Debt	206.98	81.58	240.91	128.87	114.08	0.19
Current Portion of Leases	-	5.45	4.09	3.09	3.13	3.27
Current Income Taxes Payable	20.43	9.05	4.16	14.28	11.07	4.89
Current Unearned Revenue	47.19	43.64	29.58	17.09	19.3	49.37
Other Current Liabilities	80.86	69.8	71.71	104.57	163.64	162
Total Current Liabilities	3,142	2,927	2,954	2,076	1,744	2,053
Long-Term Debt	357.66	418.36	234.17	542.59	629.17	144.58
Long-Term Leases	7.23	8.42	10.3	9.87	4.45	4.41
Long-Term Unearned Revenue	108.21	112.05	108.65	88.98	59.61	41.67
Long-Term Deferred Tax Liabilities	13.14	14.37	18.73	52.73	54.51	55.82
Other Long-Term Liabilities	29.28	29.28	9.75	6.24	14.12	5.91
Total Liabilities	3,657	3,510	3,336	2,777	2,506	2,305
Common Stock	707.94	707.94	707.94	707.94	707.94	707.94
Additional Paid-In Capital	1,171	1,171	1,173	1,177	1,179	1,179
Retained Earnings	720.56	710.47	692.81	682.4	470.23	291.51
Comprehensive Income & Other	8.25	8.76	9.56	9.01	8.24	4.51
Total Common Equity	2,608	2,598	2,583	2,577	2,366	2,183
Minority Interest	-1.05	2.62	2.78	2.37	1.03	-1.23
Shareholders' Equity	2,607	2,601	2,586	2,579	2,367	2,182
Total Liabilities & Equity	6,264	6,111	5,922	5,356	4,872	4,487
Total Debt	969.46	866.02	873.78	934.72	991.05	554.41
Net Cash (Debt)	262.25	134.77	66.99	-156.71	-442.45	-152.08
Net Cash Growth	-	101.19%	-	-	-	-
Net Cash Per Share	0.38	0.19	0.09	-0.22	-0.62	-0.22
Filing Date Shares Outstanding	707.94	707.94	707.94	707.94	707.94	707.94
Total Common Shares Outstanding	707.94	707.94	707.94	707.94	707.94	707.94
Working Capital	750.67	771.34	529.93	916.73	706.01	359.43
Book Value Per Share	3.68	3.67	3.65	3.64	3.34	3.08
Tangible Book Value	2,470	2,459	2,448	2,431	2,202	2,022
Tangible Book Value Per Share	3.49	3.47	3.46	3.43	3.11	2.86
Buildings	-	1,076	1,023	1,034	651.2	541.4
Machinery	-	2,131	1,947	1,804	1,653	1,480
Construction In Progress	-	37.85	55.11	59.69	440.48	286.5