Huili Resources (Group) 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	896.33	655.84	474.6	369.31	235.87
Short-Term Investments	-	0.54	8.87	-	-
Trading Asset Securities	-	-	-	15	-
Cash & Short-Term Investments	896.33	656.38	483.47	384.31	235.87
Cash Growth	36.56%	35.77%	25.80%	62.93%	39.45%
Accounts Receivable	324.8	659.81	238.53	183.89	5.89
Other Receivables	22.33	119.13	5.25	4.2	2.62
Receivables	347.12	778.94	243.77	188.1	71.6
Inventory	486.43	793.4	457.35	5.13	-
Other Current Assets	28.82	44.8	93.67	27.75	34.3
Total Current Assets	1,759	2,274	1,278	605.28	341.77
Property, Plant & Equipment	342.1	365.44	277.23	243.87	162.2
Long-Term Investments	-	-	-	11.31	15.46
Goodwill	19.61	19.61	16.49	-	-
Long-Term Deferred Tax Assets	15.23	15.15	5.81	7.94	-
Other Long-Term Assets	-	-	-	-	9.6
Total Assets	2,136	2,674	1,578	868.4	558.59
Accounts Payable	764.12	1,252	637.85	167.35	77.45
Accrued Expenses	-	46.5	31.6	25.81	11.53
Current Portion of Leases	3.85	4.96	2.8	0.59	1.43
Current Income Taxes Payable	11.88	22.17	11.65	22.15	2.63
Current Unearned Revenue	49.68	81.02	30.84	12.53	26.13
Other Current Liabilities	74.84	41.56	27.42	31.38	18.37
Total Current Liabilities	904.35	1,449	742.16	259.81	137.54
Long-Term Debt	129.97	129.31	-	-	-
Long-Term Leases	9.07	13.55	9.58	2.36	0.49
Long-Term Deferred Tax Liabilities	16.93	18.17	31.96	31.37	25.25
Other Long-Term Liabilities	-	-	2.02	3.11	2.99
Total Liabilities	1,060	1,610	785.71	296.65	166.27
Common Stock	181.9	181.9	152.93	137.36	137.36
Additional Paid-In Capital	789.78	789.78	703.8	668.77	668.77
Retained Earnings	65.09	111.07	-51.03	-218.64	-399.48
Comprehensive Income & Other	38.56	-18.68	-17.66	-14.97	-13.06
Total Common Equity	1,075	1,064	788.04	572.52	393.59
Minority Interest	-	-	4.03	-0.77	-1.27
Shareholders' Equity	1,075	1,064	792.08	571.75	392.31
Total Liabilities & Equity	2,136	2,674	1,578	868.4	558.59
Total Debt	142.88	147.82	12.37	2.95	1.92
Net Cash (Debt)	753.45	508.56	471.09	381.36	233.95
Net Cash Growth	48.15%	7.95%	23.53%	63.01%	38.86%
Net Cash Per Share	0.36	0.26	0.28	0.24	0.14
Filing Date Shares Outstanding	2,103	2,103	1,787	1,620	1,620
Total Common Shares Outstanding	2,103	2,103	1,787	1,620	1,620
Working Capital	854.35	824.9	536.1	345.47	204.23
Book Value Per Share	0.51	0.51	0.44	0.35	0.24
Tangible Book Value	1,056	1,044	771.55	572.52	393.59
Tangible Book Value Per Share	0.50	0.50	0.43	0.35	0.24
Buildings	-	298.44	129.89	92.32	35.28
Machinery	-	75.56	48.48	62.62	33.18
Construction In Progress	-	3.54	39.29	34.67	31.59
Leasehold Improvements	-	4.35	3.86	1.33	1.33

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.