Hanshow Technology 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,254	2,391	2,638	1,733	1,257	844.34
Short-Term Investments	-	-	-	313.59	215.1	22.81
Trading Asset Securities	447.12	299.33	5.21	-	-	0.8
Cash & Short-Term Investments	2,702	2,690	2,643	2,046	1,472	867.95
Cash Growth	-24.18%	1.78%	29.16%	39.03%	69.58%	13.95%
Accounts Receivable	1,410	1,618	1,012	525.35	876.08	618.83
Other Receivables	45.69	136.42	60.66	50.37	95.42	50.29
Receivables	1,456	1,755	1,073	575.72	971.5	669.12
Inventory	1,150	1,108	747.97	798.01	901.34	457.63
Other Current Assets	764.03	554.17	167.76	38.54	70.15	62.33
Total Current Assets	6,072	6,107	4,632	3,459	3,415	2,057
Property, Plant & Equipment	500.4	493.35	137.59	95.22	45.67	39.81
Long-Term Investments	-	8.83	9.7	10.17	9.88	41.24
Other Intangible Assets	34.59	19.57	9.6	10.66	1.57	0.21
Long-Term Deferred Tax Assets	48.68	50.53	43.11	39.93	42.42	37.52
Long-Term Deferred Charges	42.63	36.39	32.53	26.98	27.28	25.24
Other Long-Term Assets	506.61	374.11	314.49	138.65	97.69	60.15
Total Assets	7,295	7,089	5,179	3,780	3,639	2,261
Accounts Payable	2,211	2,198	2,121	1,427	2,065	945.75
Accrued Expenses	61.05	172.16	112.2	133.19	93.57	54.18
Short-Term Debt	249.76	305.81	-	-	0.5	0.5
Current Portion of Leases	30.37	27.07	22.69	13.32	14.42	10.8
Current Income Taxes Payable	127.04	24.71	21.48	33.51	8.9	5.23
Current Unearned Revenue	61.18	62.25	4.66	61.89	30.4	7.15
Other Current Liabilities	128.53	63.83	66.75	42.08	67.03	37.02
Total Current Liabilities	2,869	2,854	2,348	1,711	2,280	1,061
Long-Term Debt	143.8	53.95	-	-	-	-
Long-Term Leases	55.22	46.99	61.13	26.27	6.24	18.48
Other Long-Term Liabilities	62.23	57.4	53.38	42.95	41.61	90.94
Total Liabilities	3,133	3,012	2,463	1,780	2,328	1,170
Common Stock	422.4	422.4	380.16	380.16	380.16	380.16
Additional Paid-In Capital	1,836	1,836	852.79	843.43	833.1	822.42
Retained Earnings	2,052	1,871	1,483	773.05	95.39	-112.35
Treasury Stock	-157.22	-63.95	-	-	-	-
Comprehensive Income & Other	4.04	11.83	-0.49	3.64	2.65	0.75
Total Common Equity	4,157	4,077	2,716	2,000	1,311	1,091
Minority Interest	4.57	-	-	-	-	0.18
Shareholders' Equity	4,161	4,077	2,716	2,000	1,311	1,091
Total Liabilities & Equity	7,295	7,089	5,179	3,780	3,639	2,261
Total Debt	479.16	433.81	83.82	39.59	21.16	29.78
Net Cash (Debt)	2,222	2,256	2,559	2,007	1,451	838.17
Net Cash Growth	-36.13%	-11.84%	27.53%	38.33%	73.08%	10.12%
Net Cash Per Share	5.32	5.49	6.74	5.27	3.84	2.54
Filing Date Shares Outstanding	422.4	422.4	380.16	380.16	380.16	330.15
Total Common Shares Outstanding	422.4	422.4	380.16	380.16	380.16	330.15
Working Capital	3,203	3,252	2,283	1,748	1,135	996.41
Book Value Per Share	9.84	9.65	7.14	5.26	3.45	3.30
Tangible Book Value	4,033	4,057	2,706	1,990	1,310	1,091
Tangible Book Value Per Share	9.55	9.61	7.12	5.23	3.45	3.30
Buildings	-	333.24	-	-	-	-
Machinery	-	84.78	75.96	65.77	34.15	12.69
Construction In Progress	-	36.48	0.94	-	-	-

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