Honworld 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	22.86	6.35	10.12	9.81	31.02
Cash & Short-Term Investments	22.86	6.35	10.12	9.81	31.02
Cash Growth	260.29%	-37.32%	3.24%	-68.38%	267.35%
Accounts Receivable	28.67	25.22	20.78	20.48	19.14
Other Receivables	101.88	113.39	91.25	99.18	139.46
Receivables	130.55	138.61	112.02	119.66	158.59
Inventory	568.64	586.09	645.9	646.74	653.61
Other Current Assets	20.61	21.17	35.3	27.69	20.04
Total Current Assets	742.66	752.21	803.34	803.9	863.26
Property, Plant & Equipment	279.18	295.25	305.07	311.38	322.95
Other Intangible Assets	0.18	0.45	0.91	1.12	1.43
Other Long-Term Assets	2.04	2.46	3.87	6.67	6.13
Total Assets	1,024	1,050	1,113	1,123	1,194
Accounts Payable	62.41	58.04	57.27	50.02	38.15
Accrued Expenses	47.16	48.06	70.46	174.68	215.77
Short-Term Debt	311.02	278.31	329.44	168.14	112.54
Current Portion of Long-Term Debt	3,481	3,032	2,478	2,088	1,643
Current Portion of Leases	1.36	1.64	0.91	1.31	1
Current Income Taxes Payable	72.41	72.41	72.41	73.02	73.02
Current Unearned Revenue	23.18	50.73	50.1	32.74	34.96
Other Current Liabilities	366.64	353.35	379.4	284.48	221.22
Total Current Liabilities	4,365	3,894	3,438	2,873	2,340
Long-Term Debt	-	-	-	-	61.97
Long-Term Leases	0.98	1.39	2.19	2.53	3.73
Long-Term Unearned Revenue	15.94	-	-	-	-
Pension & Post-Retirement Benefits	6.34	6.42	6.52	5.99	6.09
Other Long-Term Liabilities	-	-	-	50	100
Total Liabilities	4,388	3,902	3,447	2,931	2,512
Common Stock	1.77	1.77	1.77	1.77	1.77
Additional Paid-In Capital	-	817.2	817.2	824.2	824.2
Retained Earnings	-	-3,694	-3,178	-2,653	-2,167
Comprehensive Income & Other	-3,366	23.65	25.08	19.14	23.07
Shareholders' Equity	-3,364	-2,852	-2,334	-1,808	-1,318
Total Liabilities & Equity	1,024	1,050	1,113	1,123	1,194
Total Debt	3,794	3,313	2,811	2,260	1,822
Net Cash (Debt)	-3,771	-3,307	-2,800	-2,251	-1,791
Net Cash Per Share	-6.52	-5.71	-4.84	-3.89	-3.10
Filing Date Shares Outstanding	578.75	578.75	578.75	578.75	578.75
Total Common Shares Outstanding	578.75	578.75	578.75	578.75	578.75
Working Capital	-3,622	-3,142	-2,635	-2,069	-1,477
Book Value Per Share	-5.81	-4.93	-4.03	-3.12	-2.28
Tangible Book Value	-3,364	-2,852	-2,334	-1,809	-1,319
Tangible Book Value Per Share	-5.81	-4.93	-4.03	-3.13	-2.28
Buildings	-	240.46	238.97	229.58	221.67
Machinery	-	239.2	204.79	200.1	193.02
Construction In Progress	-	11.33	33.45	26.01	23.42
Leasehold Improvements	-	16.5	16.5	15.99	16.46

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