Huashi Group Holdings 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	Jun '25 Jun 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	80.75	100.4	171.02	2.87	30.2	12.07
Short-Term Investments	157.24	-	-	0.43	0.5	19.35
Cash & Short-Term Investments	237.99	100.4	171.02	3.31	30.7	31.42
Cash Growth	65.23%	-41.30%	5071.55%	-89.23%	-2.30%	-
Accounts Receivable	343.9	203.24	244.32	104.92	32.22	23.26
Other Receivables	-	126.35	1.06	0.35	0.67	1.85
Receivables	343.9	329.58	245.38	105.27	32.89	25.11
Prepaid Expenses	-	33.74	0.13	5.59	4.63	2.94
Other Current Assets	-	-1.33	6.03	14.52	-	-
Total Current Assets	581.89	462.4	422.56	128.69	68.22	59.47
Property, Plant & Equipment	96.22	55.16	20.37	19.76	9.62	12.15
Other Intangible Assets	0.64	1.24	2.4	3.57	4.73	5.82
Long-Term Deferred Tax Assets	4.34	3.23	3.24	1.65	1.13	0.99
Other Long-Term Assets	-	0.63	45.43	9	6	-
Total Assets	683.09	522.65	494	162.67	89.71	78.43
Accounts Payable	91.73	29.58	84.9	7.91	10.8	8.51
Accrued Expenses	12.01	10.89	6.99	7.21	7.12	2.75
Current Portion of Long-Term Debt	124.95	93.92	107.95	37.22	10.79	5.2
Current Portion of Leases	2.46	2.4	1.15	1.84	1.67	1.49
Current Income Taxes Payable	6.84	6.46	2.87	3.88	1.16	1.42
Current Unearned Revenue	27.6	6.12	1.87	4.36	0.72	0.06
Other Current Liabilities	-	1.35	0.84	-	-	-
Total Current Liabilities	265.58	150.72	206.56	62.42	32.26	19.43
Long-Term Debt	7.98	14	10.99	0.72	3.4	-
Long-Term Leases	5.43	7.44	6.63	1	2.84	4.49
Long-Term Deferred Tax Liabilities	7.13	7.25	7.22	4.41	2.74	2.06
Total Liabilities	286.13	179.41	231.39	68.54	41.24	25.98
Common Stock	276.52	276.52	276.52	0.32	0.32	-
Retained Earnings	-	237.83	157.19	92.21	46.55	28.3
Comprehensive Income & Other	120.45	-171.1	-171.1	1.6	1.6	22.38
Total Common Equity	396.96	343.24	262.61	94.13	48.47	50.68
Minority Interest	-	-	-	-	-	1.78
Shareholders' Equity	396.96	343.24	262.61	94.13	48.47	52.46
Total Liabilities & Equity	683.09	522.65	494	162.67	89.71	78.43
Total Debt	140.82	117.76	126.72	40.78	18.7	11.18
Net Cash (Debt)	97.17	-17.36	44.31	-37.48	12.01	20.25
Net Cash Growth	-	-	-	-	-40.70%	-
Net Cash Per Share	0.13	-0.02	0.07	-0.06	-	-
Filing Date Shares Outstanding	770.65	770.65	770.65	645.65	-	-
Total Common Shares Outstanding	770.65	770.65	770.65	645.65	-	-
Working Capital	316.31	311.68	216	66.27	35.97	40.04
Book Value Per Share	0.52	0.45	0.34	0.15	-	-
Tangible Book Value	396.32	342.01	260.21	90.56	43.74	44.86
Tangible Book Value Per Share	0.51	0.44	0.34	0.14	-	-
Machinery	-	42.81	22.07	18.21	6.02	5.54
Construction In Progress	-	11	-	-	-	-
Leasehold Improvements	-	16.53	10.56	10.56	6.9	6.7

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