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	Mar '25 Mar 31, 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	3,563	2,638	1,733	1,257	844.34	761.68
Short-Term Investments	-	58.22	313.59	215.1	22.81	-
Trading Asset Securities	-	5.21	-	-	0.8	-
Cash & Short-Term Investments	3,563	2,701	2,046	1,472	867.95	761.68
Cash Growth	74.12%	32.00%	39.03%	69.58%	13.95%	-
Accounts Receivable	969.69	1,012	525.35	876.08	618.83	260.65
Other Receivables	37.34	60.66	50.37	95.42	50.29	43.81
Receivables	1,007	1,073	575.72	971.5	669.12	304.45
Inventory	685.67	754.51	798.01	901.34	457.63	333
Other Current Assets	175.61	103.01	38.54	70.15	62.33	143.25
Total Current Assets	5,432	4,632	3,459	3,415	2,057	1,542
Property, Plant & Equipment	135.37	137.59	95.22	45.67	39.81	6.1
Long-Term Investments	9.67	9.7	10.17	9.88	41.24	10.02
Other Intangible Assets	9.84	9.6	10.66	1.57	0.21	0.75
Long-Term Deferred Tax Assets	51.3	43.11	39.93	42.42	37.52	28.43
Long-Term Deferred Charges	31.39	32.53	26.98	27.28	25.24	5.21
Other Long-Term Assets	457.6	314.49	138.65	97.69	60.15	122.8
Total Assets	6,127	5,179	3,780	3,639	2,261	1,716
Accounts Payable	1,849	2,121	1,427	2,065	945.75	714.13
Accrued Expenses	70.34	112.2	133.19	93.57	54.18	54.85
Short-Term Debt	-	-	-	0.5	0.5	0.5
Current Portion of Leases	27.25	22.69	13.32	14.42	10.8	-
Current Income Taxes Payable	76.25	21.48	33.51	8.9	5.23	17.96
Current Unearned Revenue	18.7	4.66	61.89	30.4	7.15	2.53
Other Current Liabilities	79.5	66.75	42.08	67.03	37.02	34.63
Total Current Liabilities	2,121	2,348	1,711	2,280	1,061	824.6
Long-Term Leases	56.53	61.13	26.27	6.24	18.48	-
Other Long-Term Liabilities	57.22	53.38	42.95	41.61	90.94	115.15
Total Liabilities	2,235	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	1,834	852.79	843.43	833.1	822.42	521.77
Retained Earnings	1,633	1,483	773.05	95.39	-112.35	-105.75
Comprehensive Income & Other	1.83	-0.49	3.64	2.65	0.75	-0.27
Total Common Equity	3,892	2,716	2,000	1,311	1,091	775.75
Minority Interest	-	-	-	-	0.18	0.19
Shareholders' Equity	3,892	2,716	2,000	1,311	1,091	775.95
Total Liabilities & Equity	6,127	5,179	3,780	3,639	2,261	1,716
Total Debt	83.77	83.82	39.59	21.16	29.78	0.5
Net Cash (Debt)	3,479	2,617	2,007	1,451	838.17	761.18
Net Cash Growth	73.38%	30.43%	38.33%	73.08%	10.12%	-
Net Cash Per Share	9.08	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	3,310	2,283	1,748	1,135	996.41	717.79
Book Value Per Share	9.21	7.14	5.26	3.45	3.30	2.16
Tangible Book Value	3,882	2,706	1,990	1,310	1,091	775.01
Tangible Book Value Per Share	9.19	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.