Huashi Group Holdings Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	120.28	100.4	171.02	2.87	30.2
Short-Term Investments	42.25	-	-	0.43	0.5
Cash & Short-Term Investments	162.53	100.4	171.02	3.31	30.7
Cash Growth	61.88%	-41.30%	5071.55%	-89.23%	-2.30%
Accounts Receivable	384.26	203.24	244.32	104.92	32.22
Other Receivables	-	126.35	1.06	0.35	0.67
Receivables	384.26	329.58	245.38	105.27	32.89
Prepaid Expenses	-	33.74	0.13	5.59	4.63
Other Current Assets	5	-1.33	6.03	14.52	-
Total Current Assets	551.78	462.4	422.56	128.69	68.22
Property, Plant & Equipment	99.25	55.16	20.37	19.76	9.62
Other Intangible Assets	0.46	1.24	2.4	3.57	4.73
Long-Term Deferred Tax Assets	6.8	3.23	3.24	1.65	1.13
Other Long-Term Assets	1.6	0.63	45.43	9	6
Total Assets	659.9	522.65	494	162.67	89.71
Accounts Payable	57.28	29.58	84.9	7.91	10.8
Accrued Expenses	12.35	10.89	6.99	7.21	7.12
Short-Term Debt	0.99	-	-	-	-
Current Portion of Long-Term Debt	112.56	93.92	107.95	37.22	10.79
Current Portion of Leases	2.51	2.4	1.15	1.84	1.67
Current Income Taxes Payable	6.77	6.46	2.87	3.88	1.16
Current Unearned Revenue	19.89	6.12	1.87	4.36	0.72
Other Current Liabilities	-	1.35	0.84	-	-
Total Current Liabilities	212.35	150.72	206.56	62.42	32.26
Long-Term Debt	19.95	14	10.99	0.72	3.4
Long-Term Leases	4.93	7.44	6.63	1	2.84
Long-Term Deferred Tax Liabilities	8.08	7.25	7.22	4.41	2.74
Total Liabilities	245.3	179.41	231.39	68.54	41.24
Common Stock	276.52	276.52	276.52	0.32	0.32
Retained Earnings	-	237.83	157.19	92.21	46.55
Comprehensive Income & Other	138.09	-171.1	-171.1	1.6	1.6
Total Common Equity	414.6	343.24	262.61	94.13	48.47
Shareholders' Equity	414.6	343.24	262.61	94.13	48.47
Total Liabilities & Equity	659.9	522.65	494	162.67	89.71
Total Debt	140.94	117.76	126.72	40.78	18.7
Net Cash (Debt)	21.58	-17.36	44.31	-37.48	12.01
Net Cash Growth	-	-	-	-	-40.70%
Net Cash Per Share	0.03	-0.02	0.07	-0.06	-
Filing Date Shares Outstanding	770.52	770.65	770.65	645.65	-
Total Common Shares Outstanding	770.52	770.65	770.65	645.65	-
Working Capital	339.44	311.68	216	66.27	35.97
Book Value Per Share	0.54	0.45	0.34	0.15	-
Tangible Book Value	414.14	342.01	260.21	90.56	43.74
Tangible Book Value Per Share	0.54	0.44	0.34	0.14	-
Machinery	-	42.81	22.07	18.21	6.02
Construction In Progress	-	11	-	-	-
Leasehold Improvements	-	16.53	10.56	10.56	6.9

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