Ningbo Homelink Eco-iTech Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	267.59	406.83	946.62	754.63	854.8
Cash & Short-Term Investments	267.59	406.83	946.62	754.63	854.8
Cash Growth	-34.23%	-57.02%	25.44%	-11.72%	721.19%
Accounts Receivable	451.97	356.59	336.17	261.81	148.32
Other Receivables	17.42	10.49	19.2	4.89	2.39
Receivables	469.39	367.08	355.38	266.71	150.7
Inventory	652.22	447.89	397.59	302.1	326.61
Other Current Assets	133.04	121.77	84.18	48.64	31.37
Total Current Assets	1,522	1,344	1,784	1,372	1,363
Property, Plant & Equipment	3,380	2,567	1,766	1,005	564.29
Long-Term Investments	4.26	4.08	-	-	-
Goodwill	35.23	79.74	94.71	137.83	-
Other Intangible Assets	386.68	383.41	250.01	264.24	69.77
Long-Term Deferred Tax Assets	55.94	40.07	23.67	14.39	7.69
Long-Term Deferred Charges	112.59	87.2	46.99	43.37	38.04
Other Long-Term Assets	43.53	44.22	148.96	76.54	21.62
Total Assets	5,540	4,549	4,114	2,913	2,065
Accounts Payable	1,114	845.52	664.59	655.25	248.69
Accrued Expenses	54.8	82.15	74.26	71.78	25.85
Short-Term Debt	283.77	108.23	113.86	184.39	250.57
Current Portion of Long-Term Debt	-	26.89	101.83	5.98	39.06
Current Portion of Leases	-	10.44	12.32	3.83	1.01
Current Income Taxes Payable	14.3	6.48	3.6	0.2	1.05
Current Unearned Revenue	6.99	5.95	4.87	6.59	8.76
Other Current Liabilities	401.55	104.91	171.19	103.86	17.04
Total Current Liabilities	1,875	1,191	1,147	1,032	592.04
Long-Term Debt	1,779	1,379	996.83	122.31	71.8
Long-Term Leases	17.71	9.47	20.34	2.55	1.76
Long-Term Unearned Revenue	109.95	85.54	49.57	43.06	39.1
Long-Term Deferred Tax Liabilities	44.88	56.57	63.09	35.44	2.4
Total Liabilities	3,827	2,721	2,276	1,235	707.09
Common Stock	195.18	192	192	120	120
Additional Paid-In Capital	955.18	904.47	904.48	976.48	976.88
Retained Earnings	369.1	444.81	426.21	416.85	261.63
Treasury Stock	-39.97	-39.97	-	-	-
Comprehensive Income & Other	120.54	189.52	165.72	-2.78	-0.69
Total Common Equity	1,600	1,691	1,688	1,511	1,358
Minority Interest	113.16	137.82	149.72	167.47	-
Shareholders' Equity	1,713	1,829	1,838	1,678	1,358
Total Liabilities & Equity	5,540	4,549	4,114	2,913	2,065
Total Debt	2,081	1,534	1,245	319.06	364.2
Net Cash (Debt)	-1,813	-1,127	-298.56	435.56	490.6
Net Cash Growth	-	-	-	-11.22%	-
Net Cash Per Share	-9.41	-5.89	-1.55	2.27	3.40
Filing Date Shares Outstanding	193.26	189.44	192	192	192
Total Common Shares Outstanding	193.26	189.44	192	192	192
Working Capital	-352.67	152.98	637.25	340.19	771.44
Book Value Per Share	8.28	8.93	8.79	7.87	7.07
Tangible Book Value	1,178	1,228	1,344	1,108	1,288
Tangible Book Value Per Share	6.10	6.48	7.00	5.77	6.71
Buildings	-	874.79	780.76	442.14	234.08
Machinery	-	1,520	1,095	841.55	487.21
Construction In Progress	-	757.37	341.28	94.49	81.2

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