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 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	84.3	81.64	88.27	126.21	127.57	251.47
Trading Asset Securities	-	-	-	-	-	21.03
Cash & Short-Term Investments	84.3	81.64	88.27	126.21	127.57	272.5
Cash Growth	22.39%	-7.50%	-30.06%	-1.06%	-53.18%	440.10%
Accounts Receivable	608.48	611.14	593.02	605.2	473.22	381.6
Other Receivables	46.51	47.08	42.39	21.81	23.98	22.7
Receivables	654.99	658.21	635.41	627.01	497.2	404.3
Inventory	6.08	5.84	6.12	5.71	7.52	5.85
Other Current Assets	25.3	25.01	183.75	25.23	15.22	53.27
Total Current Assets	770.67	770.71	913.56	784.17	647.51	735.92
Property, Plant & Equipment	290.59	295.09	313.9	302.4	305.24	277.09
Long-Term Investments	-	-	1.72	1.95	0.45	-
Other Intangible Assets	902.01	910.33	974.13	1,178	1,142	1,021
Long-Term Accounts Receivable	-	-	1.11	-	-	-
Long-Term Deferred Tax Assets	63.73	57.73	50.07	41.4	32.31	20.54
Long-Term Deferred Charges	8.27	8.92	11.5	10.97	12.44	11.26
Other Long-Term Assets	428.07	430.91	438.08	441.44	424.86	371.24
Total Assets	2,463	2,474	2,704	2,760	2,565	2,437
Accounts Payable	353.47	359.75	359.47	357.91	366.99	347.71
Accrued Expenses	73.7	70.9	74.73	16.88	17.5	21.89
Short-Term Debt	272.35	274.04	258.64	270.84	233.25	218.99
Current Portion of Long-Term Debt	145.61	184.81	69.12	103.1	71.42	62.5
Current Portion of Leases	-	-	72.23	47.59	23.26	17.67
Current Income Taxes Payable	52.68	53.15	20.61	21.86	11.42	12.65
Current Unearned Revenue	119.24	121.46	128.53	118.28	102.86	62.55
Other Current Liabilities	301.64	278.67	319.47	89.76	31.41	35.38
Total Current Liabilities	1,319	1,343	1,303	1,026	858.12	779.33
Long-Term Debt	426.67	385.13	446.61	556.13	492.15	493.35
Long-Term Leases	-	-	85.78	81.17	95.09	47.83
Long-Term Unearned Revenue	29.36	29.89	33.76	34.19	36.31	40.37
Long-Term Deferred Tax Liabilities	3.68	3.92	4.86	5.81	6.79	4.59
Other Long-Term Liabilities	112.71	113.98	53.22	30.86	20.24	13.02
Total Liabilities	1,891	1,876	1,927	1,734	1,509	1,378
Common Stock	177.28	177.28	177.28	177.28	177.28	177.28
Additional Paid-In Capital	538.97	538.97	538.97	539.76	538.97	538.97
Retained Earnings	-163.21	-136.78	41.26	288.43	323.35	328.45
Total Common Equity	553.05	579.47	757.52	1,005	1,040	1,045
Minority Interest	19.2	18.54	19.52	19.95	16.84	14.08
Shareholders' Equity	572.24	598.01	777.03	1,025	1,056	1,059
Total Liabilities & Equity	2,463	2,474	2,704	2,760	2,565	2,437
Total Debt	844.63	843.97	932.38	1,059	915.17	840.34
Net Cash (Debt)	-760.33	-762.33	-844.12	-932.63	-787.6	-567.84
Net Cash Per Share	-4.27	-4.28	-4.75	-5.34	-6.47	-3.35
Filing Date Shares Outstanding	177.33	180.54	177.28	177.28	177.28	177.28
Total Common Shares Outstanding	177.33	180.54	177.28	177.28	177.28	177.28
Working Capital	-548.01	-572.06	-389.24	-242.08	-210.61	-43.41
Book Value Per Share	3.12	3.21	4.27	5.67	5.86	5.89
Tangible Book Value	-348.96	-330.86	-216.61	-172.04	-102.72	23.48
Tangible Book Value Per Share	-1.97	-1.83	-1.22	-0.97	-0.58	0.13
Buildings	-	-	255.71	267.05	269.94	140.9
Machinery	-	-	113.92	121.49	110.97	79.29
Construction In Progress	-	-	63.12	14.8	3.17	123.32
Order Backlog	-	-	104.86	-	-	-

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