Ningbo Homelink Eco-iTech 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	344.99	406.83	946.62	754.63	854.8	104.09
Cash & Short-Term Investments	344.99	406.83	946.62	754.63	854.8	104.09
Cash Growth	-16.83%	-57.02%	25.44%	-11.72%	721.19%	145.33%
Accounts Receivable	289.33	356.59	336.17	261.81	148.32	154.56
Other Receivables	34.3	10.49	19.2	4.89	2.39	1.36
Receivables	323.63	367.08	355.38	266.71	150.7	155.91
Inventory	709.11	447.89	397.59	302.1	326.61	240.98
Other Current Assets	179.7	121.77	84.18	48.64	31.37	19.71
Total Current Assets	1,557	1,344	1,784	1,372	1,363	520.69
Property, Plant & Equipment	2,941	2,567	1,766	1,005	564.29	484.55
Long-Term Investments	4.21	4.08	-	-	-	-
Goodwill	77.93	79.74	94.71	137.83	-	-
Other Intangible Assets	379.4	383.41	250.01	264.24	69.77	71.86
Long-Term Deferred Tax Assets	42.15	40.07	23.67	14.39	7.69	5.08
Long-Term Deferred Charges	87.94	87.2	46.99	43.37	38.04	34.19
Other Long-Term Assets	237.24	44.22	148.96	76.54	21.62	10.97
Total Assets	5,328	4,549	4,114	2,913	2,065	1,127
Accounts Payable	1,001	845.52	664.59	655.25	248.69	296.22
Accrued Expenses	48.88	82.15	74.26	71.78	25.85	37.24
Short-Term Debt	222.61	108.23	113.86	184.39	250.57	227.78
Current Portion of Long-Term Debt	123.9	26.89	101.83	5.98	39.06	30
Current Portion of Leases	-	10.44	12.32	3.83	1.01	-
Current Income Taxes Payable	11.76	6.48	3.6	0.2	1.05	7.29
Current Unearned Revenue	38.12	5.95	4.87	6.59	8.76	5.51
Other Current Liabilities	92.85	104.91	171.19	103.86	17.04	11.21
Total Current Liabilities	1,539	1,191	1,147	1,032	592.04	615.26
Long-Term Debt	1,806	1,379	996.83	122.31	71.8	30.65
Long-Term Leases	24.13	9.47	20.34	2.55	1.76	-
Long-Term Unearned Revenue	97.15	85.54	49.57	43.06	39.1	22.57
Long-Term Deferred Tax Liabilities	49.96	56.57	63.09	35.44	2.4	-
Total Liabilities	3,516	2,721	2,276	1,235	707.09	668.48
Common Stock	195.18	192	192	120	120	90
Additional Paid-In Capital	950.84	904.47	904.48	976.48	976.88	178.71
Retained Earnings	370.99	444.81	426.21	416.85	261.63	190.43
Treasury Stock	-39.97	-39.97	-	-	-	-
Comprehensive Income & Other	197.48	189.52	165.72	-2.78	-0.69	-0.26
Total Common Equity	1,675	1,691	1,688	1,511	1,358	458.88
Minority Interest	137.59	137.82	149.72	167.47	-	-
Shareholders' Equity	1,812	1,829	1,838	1,678	1,358	458.88
Total Liabilities & Equity	5,328	4,549	4,114	2,913	2,065	1,127
Total Debt	2,176	1,534	1,245	319.06	364.2	288.43
Net Cash (Debt)	-1,831	-1,127	-298.56	435.56	490.6	-184.34
Net Cash Growth	-	-	-	-11.22%	-	-
Net Cash Per Share	-9.55	-5.89	-1.55	2.27	3.40	-1.28
Filing Date Shares Outstanding	192.61	189.44	192	192	192	144
Total Common Shares Outstanding	192.61	189.44	192	192	192	144
Working Capital	18.67	152.98	637.25	340.19	771.44	-94.56
Book Value Per Share	8.69	8.93	8.79	7.87	7.07	3.19
Tangible Book Value	1,217	1,228	1,344	1,108	1,288	387.01
Tangible Book Value Per Share	6.32	6.48	7.00	5.77	6.71	2.69
Buildings	-	874.79	780.76	442.14	234.08	234.08
Machinery	-	1,520	1,095	841.55	487.21	410.51
Construction In Progress	-	757.37	341.28	94.49	81.2	27.1

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