HG Technologies 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	688.65	693.03	663.4	512	412.74	587.88
Cash & Short-Term Investments	688.65	693.03	663.4	512	412.74	587.88
Cash Growth	2.41%	4.47%	29.57%	24.05%	-29.79%	5.54%
Accounts Receivable	234.13	213.94	176.2	179.81	188.99	165.17
Other Receivables	0.84	0.68	0.34	0.66	0.59	0.77
Receivables	234.98	214.62	176.54	180.47	189.58	165.94
Inventory	248.94	223.93	241.48	221.94	231.37	200.49
Other Current Assets	19.8	21.12	22.37	22.61	38.47	33.28
Total Current Assets	1,192	1,153	1,104	937.03	872.16	987.59
Property, Plant & Equipment	337.56	339	350.78	374.09	381.76	301.28
Other Intangible Assets	127.14	128.08	131.82	135.07	137.98	23.57
Long-Term Deferred Tax Assets	6.32	6.34	7.68	8.26	9.49	10.44
Long-Term Deferred Charges	0.07	0.09	-	0.07	0.28	0.66
Other Long-Term Assets	13.69	12.45	4.97	2.04	4.03	1.41
Total Assets	1,677	1,639	1,599	1,457	1,406	1,325
Accounts Payable	113.95	96.75	102.98	83.76	79.89	86.42
Accrued Expenses	0.2	3.38	4.19	2.17	1.8	1.86
Current Portion of Leases	-	2.46	2.25	0.53	2.87	-
Current Income Taxes Payable	5.83	4.71	3.7	2.8	2.17	3.93
Current Unearned Revenue	12.78	17.11	41.32	27.26	35.97	35.05
Other Current Liabilities	3.73	3.2	7.8	5.24	8.31	4.13
Total Current Liabilities	138.58	127.59	162.25	121.78	131	131.39
Long-Term Leases	0.32	0.36	2.67	0.22	0.41	7.61
Long-Term Unearned Revenue	1.77	1.89	2.63	3.3	6.84	8.12
Long-Term Deferred Tax Liabilities	-	-	0.76	0.14	-	-
Total Liabilities	140.67	129.85	168.31	125.45	138.26	147.12
Common Stock	296.01	296.01	296.01	296.01	296.01	296.01
Additional Paid-In Capital	334.36	334.36	334.36	334.36	334.36	334.36
Retained Earnings	882.01	856.37	782.22	687.88	625.32	538.82
Comprehensive Income & Other	6.53	5.7	3.56	-	-	-
Total Common Equity	1,519	1,492	1,416	1,318	1,256	1,169
Minority Interest	17.58	16.37	14.59	12.88	11.76	8.64
Shareholders' Equity	1,536	1,509	1,431	1,331	1,267	1,178
Total Liabilities & Equity	1,677	1,639	1,599	1,457	1,406	1,325
Total Debt	2.4	2.82	4.93	0.76	3.28	7.61
Net Cash (Debt)	686.25	690.21	658.47	511.25	409.46	580.27
Net Cash Growth	2.76%	4.82%	28.80%	24.86%	-29.44%	4.17%
Net Cash Per Share	2.33	2.33	2.22	1.73	1.38	1.96
Filing Date Shares Outstanding	284.91	296.01	296.01	296.01	296.01	296.01
Total Common Shares Outstanding	284.91	296.01	296.01	296.01	296.01	296.01
Working Capital	1,054	1,025	941.54	815.26	741.16	856.2
Book Value Per Share	5.33	5.04	4.78	4.45	4.24	3.95
Tangible Book Value	1,392	1,364	1,284	1,183	1,118	1,146
Tangible Book Value Per Share	4.88	4.61	4.34	4.00	3.78	3.87
Buildings	-	199.13	196.11	193.92	189.83	97.49
Machinery	-	504.15	488.08	486.64	446.63	434.97
Construction In Progress	-	0.85	4.25	-	15.44	0.75

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