Balance Sheet

Current Liabilities	44.2m
Accounts Payable	24.9m
Accrued Liabilities	7.7m
Short-Term Debt	2.6m
Other Current Liabilities	8.9m
Non-Current Liabilities	44.2m
Long-Term Debt	455.3k
Other Non-Current Liabilities	43.8m

Currency: CNY

	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	145	156	125	784	623	509	391
Cash	0	0	0	0	623	509	391
Cash Equivalents	145	156	125	784	0	0	0
Total Receivables	285	339	434	595	563	487	377
Accounts Receivables	271	321	427	587	387	378	257
Other Receivables	14	18	7	7	176	109	120
Inventory	36	20	9	7	10	71	48
Other Current Assets	11	7	15	24	63	54	37
Total Current Assets	477	522	582	1 410	1 259	1 121	853
PP&E Net	10	10	11	11	14	81	292
PP&E Gross	10	10	11	11	14	81	292
Accumulated Depreciation	3	4	6	7	8	16	24
Intangible Assets	2	2	42	43	10	50	43
Long-Term Investments	0	0	0	0	0	16	50
Other Long-Term Assets	5	7	11	13	36	91	92
Total Assets	494 N/A	542 +10%	646 +19%	1 476 +129%	1 320 -11%	1 359 +3%	1 329 -2%
Liabilities
Accounts Payable	48	45	89	197	35	9	25
Accrued Liabilities	7	14	15	5	9	15	8
Short-Term Debt	15	0	0	0	0	3	3
Current Portion of Long-Term Debt	0	0	0	0	1	6	3
Other Current Liabilities	9	9	9	28	12	12	6
Total Current Liabilities	79	67	113	230	57	45	44
Long-Term Debt	0	0	0	0	1	5	0
Deferred Income Tax	0	0	0	0	0	2	1
Minority Interest	0	4	6	8	0	6	9
Other Liabilities	1	0	0	1	1	6	34
Total Liabilities	80 N/A	71 -11%	118 +67%	239 +102%	59 -75%	63 +8%	88 +39%
Equity
Common Stock	60	60	60	80	80	80	80
Retained Earnings	46	98	152	192	223	253	197
Additional Paid In Capital	309	309	309	965	960	960	960
Unrealized Security Profit/Loss	0	0	0	0	0	4	4
Other Equity	1	5	7	0	2	6	8
Total Equity	414 N/A	472 +14%	527 +12%	1 237 +135%	1 261 +2%	1 296 +3%	1 241 -4%
Total Liabilities & Equity	494 N/A	542 +10%	646 +19%	1 476 +129%	1 320 -11%	1 359 +3%	1 329 -2%
Shares Outstanding
Common Shares Outstanding	60	60	60	80	80	80	80

HAXC Holdings Beijing Co Ltd
SZSE:300928