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 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	165.99	267.59	406.83	946.62	754.63	854.8
Short-Term Investments	-	0.28	-	-	-	-
Cash & Short-Term Investments	165.99	267.87	406.83	946.62	754.63	854.8
Cash Growth	-36.49%	-34.16%	-57.02%	25.44%	-11.72%	721.19%
Accounts Receivable	409.63	451.97	356.59	336.17	261.81	148.32
Other Receivables	24.04	17.42	10.49	19.2	4.89	2.39
Receivables	433.67	469.39	367.08	355.38	266.71	150.7
Inventory	790.28	652.22	447.89	397.59	302.1	326.61
Other Current Assets	235.99	132.76	121.77	84.18	48.64	31.37
Total Current Assets	1,626	1,522	1,344	1,784	1,372	1,363
Property, Plant & Equipment	3,351	3,377	2,567	1,766	1,005	564.29
Long-Term Investments	4.15	4.26	4.08	-	-	-
Goodwill	34.63	35.23	79.74	94.71	137.83	-
Other Intangible Assets	378	386.68	383.41	250.01	264.24	69.77
Long-Term Deferred Tax Assets	56.78	55.94	40.07	23.67	14.39	7.69
Long-Term Deferred Charges	110.25	112.59	87.2	46.99	43.37	38.04
Other Long-Term Assets	48.5	46.22	44.22	148.96	76.54	21.62
Total Assets	5,609	5,540	4,549	4,114	2,913	2,065
Accounts Payable	1,086	1,114	845.52	664.59	655.25	248.69
Accrued Expenses	47.31	90.07	82.15	74.26	71.78	25.85
Short-Term Debt	490.28	283.77	108.23	113.86	184.39	250.57
Current Portion of Long-Term Debt	268.59	239.46	26.89	101.83	5.98	39.06
Current Portion of Leases	-	4.56	10.44	12.32	3.83	1.01
Current Income Taxes Payable	8.55	1.21	6.48	3.6	0.2	1.05
Current Unearned Revenue	16.01	6.99	5.95	4.87	6.59	8.76
Other Current Liabilities	134.61	135.34	104.91	171.19	103.86	17.04
Total Current Liabilities	2,052	1,875	1,191	1,147	1,032	592.04
Long-Term Debt	1,835	1,779	1,379	996.83	122.31	71.8
Long-Term Leases	11.46	17.71	9.47	20.34	2.55	1.76
Long-Term Unearned Revenue	107.76	109.95	85.54	49.57	43.06	39.1
Long-Term Deferred Tax Liabilities	41.03	44.88	56.57	63.09	35.44	2.4
Total Liabilities	4,047	3,827	2,721	2,276	1,235	707.09
Common Stock	195.18	195.18	192	192	120	120
Additional Paid-In Capital	956.57	955.18	904.47	904.48	976.48	976.88
Retained Earnings	270.49	369.1	444.81	426.21	416.85	261.63
Treasury Stock	-39.97	-39.97	-39.97	-	-	-
Comprehensive Income & Other	73.11	120.54	189.52	165.72	-2.78	-0.69
Total Common Equity	1,455	1,600	1,691	1,688	1,511	1,358
Minority Interest	106.76	113.16	137.82	149.72	167.47	-
Shareholders' Equity	1,562	1,713	1,829	1,838	1,678	1,358
Total Liabilities & Equity	5,609	5,540	4,549	4,114	2,913	2,065
Total Debt	2,606	2,325	1,534	1,245	319.06	364.2
Net Cash (Debt)	-2,440	-2,057	-1,127	-298.56	435.56	490.6
Net Cash Growth	-	-	-	-	-11.22%	-
Net Cash Per Share	-12.56	-10.67	-5.89	-1.55	2.27	3.40
Filing Date Shares Outstanding	192.61	192.61	189.44	192	192	192
Total Common Shares Outstanding	192.61	192.61	189.44	192	192	192
Working Capital	-425.58	-352.67	152.98	637.25	340.19	771.44
Book Value Per Share	7.56	8.31	8.93	8.79	7.87	7.07
Tangible Book Value	1,043	1,178	1,228	1,344	1,108	1,288
Tangible Book Value Per Share	5.41	6.12	6.48	7.00	5.77	6.71
Buildings	-	1,430	874.79	780.76	442.14	234.08
Machinery	-	2,381	1,520	1,095	841.55	487.21
Construction In Progress	-	389.2	757.37	341.28	94.49	81.2