Honworld Group 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	5.78	6.35	10.12	9.81	31.02	8.44
Cash & Short-Term Investments	5.78	6.35	10.12	9.81	31.02	8.44
Cash Growth	-41.45%	-37.32%	3.24%	-68.38%	267.35%	-95.09%
Accounts Receivable	25.95	25.22	20.78	20.48	19.14	20.41
Other Receivables	1.92	113.39	91.25	99.18	139.46	129.5
Receivables	27.86	138.61	112.02	119.66	158.59	149.91
Inventory	564.4	586.09	645.9	646.74	653.61	684.93
Other Current Assets	136.4	21.17	35.3	27.69	20.04	14
Total Current Assets	734.44	752.21	803.34	803.9	863.26	857.28
Property, Plant & Equipment	287.67	295.25	305.07	311.38	322.95	333.35
Other Intangible Assets	0.39	0.45	0.91	1.12	1.43	1.37
Other Long-Term Assets	1.99	2.46	3.87	6.67	6.13	15.71
Total Assets	1,024	1,050	1,113	1,123	1,194	1,208
Accounts Payable	57.14	58.04	57.27	50.02	38.15	42.74
Accrued Expenses	42.05	48.06	70.46	174.68	215.77	221.47
Short-Term Debt	299.08	278.31	329.44	168.14	112.54	677.51
Current Portion of Long-Term Debt	3,270	3,032	2,478	2,088	1,643	761.48
Current Portion of Leases	1.36	1.64	0.91	1.31	1	25.7
Current Income Taxes Payable	72.41	72.41	72.41	73.02	73.02	82.62
Current Unearned Revenue	9.24	50.73	50.1	32.74	34.96	25.55
Other Current Liabilities	355.4	353.35	379.4	284.48	221.22	145.4
Total Current Liabilities	4,107	3,894	3,438	2,873	2,340	1,982
Long-Term Debt	-	-	-	-	61.97	71.66
Long-Term Leases	0.97	1.39	2.19	2.53	3.73	14.87
Pension & Post-Retirement Benefits	6.37	6.42	6.52	5.99	6.09	6.21
Other Long-Term Liabilities	-	-	-	50	100	133
Total Liabilities	4,127	3,902	3,447	2,931	2,512	2,208
Common Stock	1.77	1.77	1.77	1.77	1.77	1.77
Additional Paid-In Capital	824.2	817.2	817.2	824.2	824.2	824.2
Retained Earnings	-3,946	-3,694	-3,178	-2,653	-2,167	-1,848
Comprehensive Income & Other	17.42	23.65	25.08	19.14	23.07	22.03
Shareholders' Equity	-3,102	-2,852	-2,334	-1,808	-1,318	-1,000
Total Liabilities & Equity	1,024	1,050	1,113	1,123	1,194	1,208
Total Debt	3,572	3,313	2,811	2,260	1,822	1,551
Net Cash (Debt)	-3,566	-3,307	-2,800	-2,251	-1,791	-1,543
Net Cash Per Share	-6.16	-5.71	-4.84	-3.89	-3.10	-2.67
Filing Date Shares Outstanding	578.75	578.75	578.75	578.75	578.75	578.75
Total Common Shares Outstanding	578.75	578.75	578.75	578.75	578.75	578.75
Working Capital	-3,373	-3,142	-2,635	-2,069	-1,477	-1,125
Book Value Per Share	-5.36	-4.93	-4.03	-3.12	-2.28	-1.73
Tangible Book Value	-3,103	-2,852	-2,334	-1,809	-1,319	-1,002
Tangible Book Value Per Share	-5.36	-4.93	-4.03	-3.13	-2.28	-1.73
Buildings	-	240.46	238.97	229.58	221.67	217.47
Machinery	-	239.2	204.79	200.1	193.02	190.17
Construction In Progress	-	11.33	33.45	26.01	23.42	13.77
Leasehold Improvements	-	16.5	16.5	15.99	16.46	15.99

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