HNAC Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	403.69	440.99	657.11	469.69	521.71	378.07
Trading Asset Securities	4.93	5	5	8.07	-	-
Cash & Short-Term Investments	408.62	445.99	662.11	477.76	521.71	378.07
Cash Growth	-20.52%	-32.64%	38.59%	-8.43%	38.00%	35.63%
Accounts Receivable	1,704	1,577	2,087	1,875	1,874	1,249
Other Receivables	99.01	75.39	64.17	70.4	69.03	46.41
Receivables	1,803	1,652	2,152	1,945	1,943	1,295
Inventory	2,088	1,348	1,442	940.2	488.85	230.65
Prepaid Expenses	-	2.83	2.31	1.28	0.53	-
Other Current Assets	470.25	490.34	235.67	384.22	165.95	93.85
Total Current Assets	4,769	3,939	4,494	3,749	3,120	1,998
Property, Plant & Equipment	1,345	1,423	1,639	1,104	841.06	560.53
Long-Term Investments	145.85	131.84	121.1	103.93	90.64	82.85
Goodwill	334.38	334.38	404	404	646.73	646.34
Other Intangible Assets	91.83	94.13	97.03	101.12	97.28	105.67
Long-Term Deferred Tax Assets	156.58	141.65	142.03	132	82.89	26.65
Long-Term Deferred Charges	2.94	2.4	2.9	0.96	1.75	0.23
Other Long-Term Assets	155.01	184.89	119.96	60.67	223.01	72.84
Total Assets	7,001	6,252	7,020	5,656	5,103	3,493
Accounts Payable	1,774	1,433	1,750	1,353	1,332	633.96
Accrued Expenses	7.96	112.73	136.75	123.47	99.78	78.81
Short-Term Debt	711.33	984.62	546.72	915.73	469.02	497.89
Current Portion of Long-Term Debt	115.18	46.32	120.94	14.2	10.12	2
Current Portion of Leases	-	26.63	19.78	11.72	5.47	-
Current Income Taxes Payable	15.71	0.63	1.63	4.95	7.94	12.61
Current Unearned Revenue	1,414	843.37	1,198	582.83	172.46	219.89
Other Current Liabilities	383.4	43.66	37.54	84.43	86.08	102.55
Total Current Liabilities	4,421	3,491	3,811	3,090	2,183	1,548
Long-Term Debt	221.82	200.86	215.83	252.02	160.16	123.17
Long-Term Leases	90.79	90.76	99.04	100.89	104.08	-
Long-Term Unearned Revenue	31.53	33.64	18.57	18.16	18.49	17.38
Long-Term Deferred Tax Liabilities	17.76	21.41	23.91	26.14	28.63	2.07
Other Long-Term Liabilities	17.08	17.56	18.25	9.48	12.5	11.98
Total Liabilities	4,800	3,855	4,187	3,497	2,506	1,702
Common Stock	398.67	398.67	396.21	329.7	327.82	256.17
Additional Paid-In Capital	2,648	2,642	2,629	1,757	1,773	1,080
Retained Earnings	-768.35	-579.95	-186.67	-6.85	431.88	412.46
Treasury Stock	-73	-73	-63.46	-2.55	-3.65	-
Comprehensive Income & Other	-1.58	-1.58	-2.13	-1.65	0.44	-0.48
Total Common Equity	2,204	2,387	2,773	2,076	2,529	1,748
Minority Interest	-3.41	10.13	60.53	82.94	67.35	42.8
Shareholders' Equity	2,201	2,397	2,833	2,159	2,597	1,791
Total Liabilities & Equity	7,001	6,252	7,020	5,656	5,103	3,493
Total Debt	1,139	1,349	1,002	1,295	748.85	623.06
Net Cash (Debt)	-730.5	-903.21	-340.2	-816.79	-227.14	-245
Net Cash Per Share	-1.85	-2.32	-0.89	-2.49	-0.81	-0.90
Filing Date Shares Outstanding	392.12	392.12	391.41	329.7	327.82	256.17
Total Common Shares Outstanding	392.12	392.12	391.41	329.7	327.82	256.17
Working Capital	347.91	448.38	682.83	658.56	937.18	450.18
Book Value Per Share	5.62	6.09	7.08	6.30	7.72	6.82
Tangible Book Value	1,778	1,958	2,271	1,571	1,785	995.86
Tangible Book Value Per Share	4.53	4.99	5.80	4.76	5.45	3.89
Buildings	-	953.41	1,019	968.94	563.38	516.26
Machinery	-	799.65	462.05	202.04	187.23	102.73
Construction In Progress	-	8.33	357	39.88	154.65	77.08

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.