Hynar Water Group 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	85.78	88.27	126.21	127.57	251.47	50.45
Trading Asset Securities	-	-	-	-	21.03	-
Cash & Short-Term Investments	85.78	88.27	126.21	127.57	272.5	50.45
Cash Growth	13.36%	-30.06%	-1.06%	-53.18%	440.10%	-22.36%
Accounts Receivable	629.62	593.02	605.2	473.22	381.6	254.41
Other Receivables	55.48	42.39	21.81	23.98	22.7	15.53
Receivables	685.1	635.41	627.01	497.2	404.3	269.94
Inventory	6.78	6.12	5.71	7.52	5.85	3.51
Prepaid Expenses	-	-	-	-	-	5.05
Other Current Assets	31.13	183.75	25.23	15.22	53.27	40.19
Total Current Assets	808.79	913.56	784.17	647.51	735.92	369.14
Property, Plant & Equipment	301.15	313.9	302.4	305.24	277.09	740.37
Long-Term Investments	1.72	1.72	1.95	0.45	-	-
Other Intangible Assets	949.83	974.13	1,178	1,142	1,021	499.35
Long-Term Accounts Receivable	-	1.11	-	-	-	-
Long-Term Deferred Tax Assets	65.78	50.07	41.4	32.31	20.54	16.06
Long-Term Deferred Charges	9.59	11.5	10.97	12.44	11.26	2.75
Other Long-Term Assets	443.47	438.08	441.44	424.86	371.24	5.09
Total Assets	2,580	2,704	2,760	2,565	2,437	1,633
Accounts Payable	350.97	359.47	357.91	366.99	347.71	344.25
Accrued Expenses	62.92	74.73	16.88	17.5	21.89	13.52
Short-Term Debt	278.37	258.64	270.84	233.25	218.99	193.77
Current Portion of Long-Term Debt	165.11	69.12	103.1	71.42	62.5	38.8
Current Portion of Leases	-	72.23	47.59	23.26	17.67	27.39
Current Income Taxes Payable	44.09	20.61	21.86	11.42	12.65	14.92
Current Unearned Revenue	128.45	128.53	118.28	102.86	62.55	46.32
Other Current Liabilities	222.85	319.47	89.76	31.41	35.38	37.86
Total Current Liabilities	1,253	1,303	1,026	858.12	779.33	716.83
Long-Term Debt	409.32	446.61	556.13	492.15	493.35	86.5
Long-Term Leases	65.94	85.78	81.17	95.09	47.83	81.97
Long-Term Unearned Revenue	30.73	33.76	34.19	36.31	40.37	37.21
Long-Term Deferred Tax Liabilities	4.15	4.86	5.81	6.79	4.59	4.85
Other Long-Term Liabilities	64	53.22	30.86	20.24	13.02	9.87
Total Liabilities	1,827	1,927	1,734	1,509	1,378	937.23
Common Stock	177.28	177.28	177.28	177.28	177.28	132.96
Additional Paid-In Capital	538.97	538.97	539.76	538.97	538.97	262.74
Retained Earnings	17.15	41.26	288.43	323.35	328.45	298.81
Total Common Equity	733.4	757.52	1,005	1,040	1,045	694.51
Minority Interest	20.03	19.52	19.95	16.84	14.08	1.04
Shareholders' Equity	753.43	777.03	1,025	1,056	1,059	695.55
Total Liabilities & Equity	2,580	2,704	2,760	2,565	2,437	1,633
Total Debt	918.74	932.38	1,059	915.17	840.34	428.43
Net Cash (Debt)	-832.95	-844.12	-932.63	-787.6	-567.84	-377.98
Net Cash Per Share	-4.70	-4.75	-5.34	-6.47	-3.35	-2.86
Filing Date Shares Outstanding	177.28	177.28	177.28	177.28	177.28	132.96
Total Common Shares Outstanding	177.28	177.28	177.28	177.28	177.28	132.96
Working Capital	-443.97	-389.24	-242.08	-210.61	-43.41	-347.69
Book Value Per Share	4.14	4.27	5.67	5.86	5.89	5.22
Tangible Book Value	-216.43	-216.61	-172.04	-102.72	23.48	195.16
Tangible Book Value Per Share	-1.22	-1.22	-0.97	-0.58	0.13	1.47
Buildings	-	255.71	267.05	269.94	140.9	139.97
Machinery	-	113.92	121.49	110.97	79.29	74.25
Construction In Progress	-	63.12	14.8	3.17	123.32	596.68
Order Backlog	-	104.86	-	-	-	-

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