Hanshow Technology 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,442	2,638	1,733	1,257	844.34	761.68
Short-Term Investments	-	58.22	313.59	215.1	22.81	-
Trading Asset Securities	130.74	5.21	-	-	0.8	-
Cash & Short-Term Investments	2,573	2,701	2,046	1,472	867.95	761.68
Cash Growth	17.56%	32.00%	39.03%	69.58%	13.95%	-
Accounts Receivable	972.82	1,012	525.35	876.08	618.83	260.65
Other Receivables	29.32	60.66	50.37	95.42	50.29	43.81
Receivables	1,002	1,073	575.72	971.5	669.12	304.45
Inventory	1,015	754.51	798.01	901.34	457.63	333
Other Current Assets	495.05	103.01	38.54	70.15	62.33	143.25
Total Current Assets	5,085	4,632	3,459	3,415	2,057	1,542
Property, Plant & Equipment	139.03	137.59	95.22	45.67	39.81	6.1
Long-Term Investments	9.4	9.7	10.17	9.88	41.24	10.02
Other Intangible Assets	20.05	9.6	10.66	1.57	0.21	0.75
Long-Term Deferred Tax Assets	44.56	43.11	39.93	42.42	37.52	28.43
Long-Term Deferred Charges	29.83	32.53	26.98	27.28	25.24	5.21
Other Long-Term Assets	685.29	314.49	138.65	97.69	60.15	122.8
Total Assets	6,013	5,179	3,780	3,639	2,261	1,716
Accounts Payable	1,546	2,121	1,427	2,065	945.75	714.13
Accrued Expenses	43.02	112.2	133.19	93.57	54.18	54.85
Short-Term Debt	160	-	-	0.5	0.5	0.5
Current Portion of Leases	27.69	22.69	13.32	14.42	10.8	-
Current Income Taxes Payable	68.32	21.48	33.51	8.9	5.23	17.96
Current Unearned Revenue	19.65	4.66	61.89	30.4	7.15	2.53
Other Current Liabilities	48.23	66.75	42.08	67.03	37.02	34.63
Total Current Liabilities	1,913	2,348	1,711	2,280	1,061	824.6
Long-Term Leases	43.86	61.13	26.27	6.24	18.48	-
Other Long-Term Liabilities	56.51	53.38	42.95	41.61	90.94	115.15
Total Liabilities	2,014	2,463	1,780	2,328	1,170	939.75
Common Stock	422.4	380.16	380.16	380.16	380.16	360
Additional Paid-In Capital	1,835	852.79	843.43	833.1	822.42	521.77
Retained Earnings	1,733	1,483	773.05	95.39	-112.35	-105.75
Comprehensive Income & Other	8.36	-0.49	3.64	2.65	0.75	-0.27
Total Common Equity	4,000	2,716	2,000	1,311	1,091	775.75
Minority Interest	-	-	-	-	0.18	0.19
Shareholders' Equity	4,000	2,716	2,000	1,311	1,091	775.95
Total Liabilities & Equity	6,013	5,179	3,780	3,639	2,261	1,716
Total Debt	231.55	83.82	39.59	21.16	29.78	0.5
Net Cash (Debt)	2,341	2,617	2,007	1,451	838.17	761.18
Net Cash Growth	10.93%	30.43%	38.33%	73.08%	10.12%	-
Net Cash Per Share	5.79	6.89	5.27	3.84	2.54	2.12
Filing Date Shares Outstanding	422.4	380.16	380.16	380.16	330.15	358.64
Total Common Shares Outstanding	422.4	380.16	380.16	380.16	330.15	358.64
Working Capital	3,172	2,283	1,748	1,135	996.41	717.79
Book Value Per Share	9.47	7.14	5.26	3.45	3.30	2.16
Tangible Book Value	3,980	2,706	1,990	1,310	1,091	775.01
Tangible Book Value Per Share	9.42	7.12	5.23	3.45	3.30	2.16
Machinery	-	75.96	65.77	34.15	12.69	8.78
Construction In Progress	-	0.94	-	-	-	-

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