Hangzhou Huasu Technology 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	Dec '21 Dec 31, 2021
Cash & Equivalents	269.99	214.73	351.56	371.15	51.52	36.59
Short-Term Investments	-	-	110.02	-	-	-
Trading Asset Securities	467.38	535.6	254.12	373.7	24.16	55.52
Cash & Short-Term Investments	737.37	750.33	715.7	744.85	75.68	92.11
Cash Growth	6.15%	4.84%	-3.91%	884.21%	-17.84%	7.04%
Accounts Receivable	249.17	254.68	280.95	314.85	218.47	166.52
Other Receivables	4.43	4.43	9.26	16.95	16.47	5.93
Receivables	253.61	259.11	290.21	331.8	234.94	172.45
Inventory	102.37	86.57	99.73	99.81	58.42	51.04
Other Current Assets	21.01	12.94	4.95	1.52	1	0.31
Total Current Assets	1,114	1,109	1,111	1,178	370.04	315.91
Property, Plant & Equipment	141.36	126.35	62.29	66.6	24.94	23.16
Long-Term Investments	0.08	0.08	0.16	2	-	-
Other Intangible Assets	16.57	16.72	0.83	0.97	1.35	0.92
Long-Term Deferred Tax Assets	8.93	10.44	9.04	7.12	3.84	2.4
Long-Term Deferred Charges	3.39	3.1	3.26	3.75	2.96	3.9
Other Long-Term Assets	24.94	2.82	16.25	1.61	14.65	0.05
Total Assets	1,310	1,268	1,202	1,260	417.78	346.34
Accounts Payable	105.35	107.32	87.39	140.01	94.55	92.63
Accrued Expenses	6.3	7.71	10.72	10.03	18.03	12.06
Short-Term Debt	58.04	30.97	-	6.72	-	1.2
Current Portion of Long-Term Debt	3.65	2.08	-	2.64	-	-
Current Portion of Leases	-	-	1.28	1.82	4.72	1.41
Current Income Taxes Payable	1.47	3.09	3.85	3.71	9.24	4.97
Current Unearned Revenue	7.86	3.59	3.98	2.45	0.86	0.96
Other Current Liabilities	1.05	0.86	3.93	0.68	0.63	1.29
Total Current Liabilities	183.71	155.61	111.14	168.06	128.03	114.51
Long-Term Debt	-	-	-	26.93	-	-
Long-Term Leases	5.22	2.58	-	1.28	4.15	3.21
Long-Term Unearned Revenue	1	1.13	1.57	2.33	-	-
Long-Term Deferred Tax Liabilities	0.15	0.28	0.3	0.55	0.77	0.6
Other Long-Term Liabilities	3.5	2.79	1.56	0.79	0.42	0.62
Total Liabilities	193.58	162.39	114.57	199.94	133.38	118.94
Common Stock	60	60	60	60	45	45
Additional Paid-In Capital	818.42	818.41	820.33	820.33	85.48	85.48
Retained Earnings	235.28	225.5	208.53	179.7	153.89	96.95
Comprehensive Income & Other	-1.79	-1.83	-1.77	0.07	0.03	-0.02
Total Common Equity	1,112	1,102	1,087	1,060	284.41	227.41
Minority Interest	4.13	3.98	0.76	-	-	-
Shareholders' Equity	1,116	1,106	1,088	1,060	284.41	227.41
Total Liabilities & Equity	1,310	1,268	1,202	1,260	417.78	346.34
Total Debt	66.9	35.63	1.28	39.39	8.87	5.81
Net Cash (Debt)	670.46	714.71	714.42	705.46	66.81	86.29
Net Cash Growth	-3.00%	0.04%	1.27%	955.93%	-22.58%	3.89%
Net Cash Per Share	11.11	11.84	11.90	12.50	1.49	1.92
Filing Date Shares Outstanding	60.02	61.46	60	60	60	45
Total Common Shares Outstanding	60.02	61.46	60	60	45	45
Working Capital	930.64	953.35	999.44	1,010	242.01	201.4
Book Value Per Share	18.53	17.93	18.12	17.67	6.32	5.05
Tangible Book Value	1,095	1,085	1,086	1,059	283.06	226.49
Tangible Book Value Per Share	18.25	17.66	18.10	17.65	6.29	5.03
Buildings	-	-	44.94	44.94	-	-
Machinery	-	-	34.03	32.23	22.42	20.66
Construction In Progress	-	-	1.61	0	2.14	2.03

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