Wuxi Hodgen 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	339.65	309.72	512.26	315.04	458	341.79
Cash & Short-Term Investments	339.65	309.72	512.26	315.04	458	341.79
Cash Growth	-37.38%	-39.54%	62.60%	-31.21%	34.00%	-5.90%
Accounts Receivable	548.45	660.97	626.24	753.2	768.21	873
Other Receivables	36.75	36.08	43.67	46.05	59.68	83.58
Receivables	585.21	697.05	669.9	799.25	827.89	956.58
Inventory	336.5	309.72	388.45	512.83	507.05	590.8
Prepaid Expenses	-	-	8.47	7.82	-	-
Other Current Assets	20.15	10.86	15.14	21.11	9.79	11.45
Total Current Assets	1,282	1,327	1,594	1,656	1,803	1,901
Property, Plant & Equipment	200.97	206.03	231.73	240.21	251.44	252.08
Long-Term Investments	109.71	111.44	141.38	180.56	179.57	484.59
Goodwill	118.79	118.79	137.8	145.7	145.7	190.02
Other Intangible Assets	19.05	18.49	19.84	21.82	22.68	23.64
Long-Term Deferred Tax Assets	43.08	42.02	39.92	37.53	36.42	31.74
Long-Term Deferred Charges	18.5	19.44	25.15	5.71	8.54	9.13
Other Long-Term Assets	0.24	0.32	0.13	0.49	1.51	0.44
Total Assets	1,792	1,844	2,190	2,288	2,449	2,892
Accounts Payable	464.24	510.01	588.9	676.57	668.47	809.88
Accrued Expenses	22.19	28.45	38.17	40.72	49.38	47.15
Short-Term Debt	143.02	143.07	388.26	533.01	758.98	747.27
Current Portion of Long-Term Debt	14.22	14.2	21.02	59.07	1.04	35.05
Current Portion of Leases	-	-	3.53	0.38	0.37	0.23
Current Income Taxes Payable	4.81	9.16	3.45	4.06	7.65	5.15
Current Unearned Revenue	5.48	4.02	6.05	2.16	2.78	14.29
Other Current Liabilities	22.11	24.39	82.94	38.95	54.67	87.32
Total Current Liabilities	676.08	733.32	1,132	1,355	1,543	1,746
Long-Term Debt	42.96	47.97	58.56	-	59	-
Long-Term Leases	9.3	9.64	11.36	0.43	0.82	0.85
Long-Term Unearned Revenue	2.06	2.25	4.44	8.49	12.78	5.52
Long-Term Deferred Tax Liabilities	-	-	0.08	0.28	0.33	0.98
Other Long-Term Liabilities	15.3	14.76	12.14	6.23	-	244.06
Total Liabilities	745.71	807.94	1,219	1,370	1,616	1,998
Common Stock	489.1	489.1	489.1	489.1	490.56	448.94
Additional Paid-In Capital	1,212	1,212	1,212	1,212	1,218	995.27
Retained Earnings	-654.78	-665.07	-729.77	-782.05	-826.83	-432.95
Treasury Stock	-	-	-	-	-50.1	-50.1
Comprehensive Income & Other	-	-	-	-1.16	-0.24	-68.79
Total Common Equity	1,046	1,036	970.91	917.47	831.18	892.37
Minority Interest	0.24	0.33	0.33	0.23	1.15	2.15
Shareholders' Equity	1,046	1,036	971.24	917.7	832.33	894.52
Total Liabilities & Equity	1,792	1,844	2,190	2,288	2,449	2,892
Total Debt	209.51	214.88	482.73	592.9	820.2	783.4
Net Cash (Debt)	130.14	94.84	29.53	-277.86	-362.21	-441.62
Net Cash Growth	231.29%	221.17%	-	-	-	-
Net Cash Per Share	0.27	0.19	0.06	-0.58	-0.83	-1.01
Filing Date Shares Outstanding	489.79	489.08	489.1	489.1	480.4	438.79
Total Common Shares Outstanding	489.79	489.08	489.1	489.1	480.4	438.79
Working Capital	605.43	594.04	461.9	301.12	259.39	154.29
Book Value Per Share	2.14	2.12	1.99	1.88	1.73	2.03
Tangible Book Value	908.06	898.34	813.27	749.96	662.8	678.71
Tangible Book Value Per Share	1.85	1.84	1.66	1.53	1.38	1.55
Buildings	-	-	251.44	251.44	251.44	251.16
Machinery	-	-	230.82	217.3	210.63	187.33
Construction In Progress	-	-	1.42	7.39	5.47	4.85

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