Heren Health 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	356.05	532.94	542.17	555.32	506.32	455.6
Trading Asset Securities	120.4	60.06	20.03	80.26	70.14	185.36
Cash & Short-Term Investments	476.45	593	562.2	635.58	576.46	640.96
Cash Growth	-2.93%	5.48%	-11.55%	10.26%	-10.06%	-21.12%
Accounts Receivable	597.92	566.22	606.13	508.19	492.89	515
Other Receivables	10.95	13.46	13.74	15.6	18.07	26.16
Receivables	608.86	579.68	619.87	523.79	510.95	541.16
Inventory	35.72	23.25	15.84	20.84	53.07	58.95
Prepaid Expenses	-	-	-	-	1.6	-
Other Current Assets	8.14	2.76	3.21	8.61	12.74	12.14
Total Current Assets	1,129	1,199	1,201	1,189	1,155	1,253
Property, Plant & Equipment	67.27	68.81	81.02	71.88	79.5	81.67
Long-Term Investments	5.38	5.38	5.1	0.1	0.1	-
Goodwill	14.75	14.75	0.93	0.93	0.93	0.93
Other Intangible Assets	75.75	61.04	41.04	66.46	41.19	62.98
Long-Term Accounts Receivable	-	-	8.59	11.02	17.41	16.68
Long-Term Deferred Tax Assets	36.79	34.69	29.49	22.97	25.01	14.71
Long-Term Deferred Charges	18.18	35.88	39.52	21.02	49.24	27.06
Other Long-Term Assets	77.33	78.71	55.31	55.18	59.06	62.94
Total Assets	1,425	1,498	1,462	1,438	1,427	1,520
Accounts Payable	214.25	221.13	201.15	173.83	198.75	180.08
Accrued Expenses	17.62	20.08	32.42	37.18	33.35	54.25
Short-Term Debt	-	50.04	96.1	126.13	120.13	70.4
Current Portion of Long-Term Debt	0.62	1.15	-	-	-	-
Current Portion of Leases	-	-	0.13	1.81	1.47	1.74
Current Income Taxes Payable	3.28	9.54	-	-	-	0.42
Current Unearned Revenue	8.78	5.51	6.37	11.54	16.68	25.71
Other Current Liabilities	7.06	10.55	5.53	6.04	13.19	23.96
Total Current Liabilities	251.61	318	341.7	356.53	383.57	356.56
Long-Term Leases	1.28	0.79	0.02	0.6	1.32	0.74
Other Long-Term Liabilities	0.72	0.72	0.7	0.78	0.83	1.81
Total Liabilities	253.62	319.51	342.42	357.91	385.71	359.1
Common Stock	262.56	262.56	262.56	262.56	262.74	265
Additional Paid-In Capital	610.83	610.83	610.83	610.83	612.22	626.66
Retained Earnings	269.22	278.4	237.3	205.88	166.75	255.02
Treasury Stock	-	-	-	-	-1.55	-15.36
Total Common Equity	1,143	1,152	1,111	1,079	1,040	1,131
Minority Interest	28.41	26.65	9.01	1.2	1.4	29.76
Shareholders' Equity	1,171	1,178	1,120	1,080	1,042	1,161
Total Liabilities & Equity	1,425	1,498	1,462	1,438	1,427	1,520
Total Debt	1.91	51.98	96.25	128.55	122.92	72.88
Net Cash (Debt)	474.54	541.02	465.95	507.03	453.54	568.08
Net Cash Growth	11.48%	16.11%	-8.10%	11.79%	-20.16%	-16.76%
Net Cash Per Share	1.79	2.04	1.78	1.94	1.74	2.14
Filing Date Shares Outstanding	262.44	271.59	262.56	262.56	262.74	265
Total Common Shares Outstanding	262.44	271.59	262.56	262.56	262.74	265
Working Capital	877.57	880.68	859.42	832.3	771.26	896.65
Book Value Per Share	4.35	4.24	4.23	4.11	3.96	4.27
Tangible Book Value	1,052	1,076	1,069	1,012	998.04	1,067
Tangible Book Value Per Share	4.01	3.96	4.07	3.85	3.80	4.03
Buildings	-	-	93.66	94.07	94.07	94.07
Machinery	-	-	22.08	21.42	21.97	18.06
Construction In Progress	-	-	15.51	-	-	-

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.