Hunan Huasheng CO.,Ltd Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	82.79	124.66	110.28	147.77	133.51	154.83
Short-Term Investments	-	43.35	21.91	-	31.48	182
Trading Asset Securities	-	-	68.22	78.67	100.4	134.39
Cash & Short-Term Investments	82.79	168.01	200.41	226.44	265.39	471.22
Cash Growth	-53.17%	-16.16%	-11.49%	-14.68%	-43.68%	-14.24%
Accounts Receivable	60.15	64.19	67.23	59.13	93.71	97.44
Other Receivables	35.09	13.29	10.29	8.29	22.11	16.78
Receivables	95.24	77.48	77.52	67.42	115.83	114.22
Inventory	70.84	65.46	59.47	53.63	89.67	111.12
Prepaid Expenses	-	0.03	-	-	-	0.02
Other Current Assets	97.61	48.93	40.56	57.01	22.38	63.84
Total Current Assets	346.48	359.91	377.96	404.5	493.27	760.42
Property, Plant & Equipment	226.26	227.82	236.21	247.02	264.69	281.11
Long-Term Investments	62.26	61.75	92.51	91.91	46.26	49.67
Other Intangible Assets	127.6	128.55	132.28	135.94	143.47	147.44
Long-Term Deferred Tax Assets	3.29	3.29	3.25	5.91	3.22	4.44
Long-Term Deferred Charges	2.85	2.97	1.83	-	-	-
Other Long-Term Assets	49.19	50.07	52.78	55.92	25.01	23.54
Total Assets	817.93	834.37	896.8	941.19	975.91	1,267
Accounts Payable	88.93	72.55	62.68	68.2	99.03	90.81
Accrued Expenses	15.2	36.91	45.6	53.68	56.77	95.16
Short-Term Debt	62.65	47.64	80.08	40.04	40	-
Current Portion of Long-Term Debt	42.06	42.68	27.51	12.5	20	24
Current Portion of Leases	-	-	0.47	-	-	-
Current Income Taxes Payable	2.47	0.49	0.11	0.09	0.03	10.92
Current Unearned Revenue	76.23	100.15	92.43	96.44	40.31	118.24
Other Current Liabilities	37.14	34.06	34.22	33.47	99.76	91.18
Total Current Liabilities	324.69	334.48	343.11	304.42	355.9	430.32
Long-Term Debt	76.13	76.14	75.11	92.63	107	120
Long-Term Leases	-	-	0.56	-	-	-
Long-Term Unearned Revenue	2.28	2.3	2.39	4.89	4.82	7.63
Long-Term Deferred Tax Liabilities	-	-	4.94	6.22	8.05	16.55
Other Long-Term Liabilities	57.39	57.39	60.45	67.51	84.1	53.56
Total Liabilities	460.49	470.31	486.56	475.67	559.88	628.06
Common Stock	402.11	402.11	402.11	402.11	402.11	402.11
Additional Paid-In Capital	147.95	147.95	147.95	147.95	147.95	147.95
Retained Earnings	-180.67	-174.88	-135.64	-86.31	-107.33	101.13
Total Common Equity	369.39	375.18	414.42	463.75	442.73	651.19
Minority Interest	-11.95	-11.13	-4.18	1.77	-26.69	-12.64
Shareholders' Equity	357.44	364.05	410.24	465.53	416.04	638.55
Total Liabilities & Equity	817.93	834.37	896.8	941.19	975.91	1,267
Total Debt	180.85	166.46	183.73	145.17	167	144
Net Cash (Debt)	-98.06	1.55	16.67	81.27	98.39	327.22
Net Cash Growth	-	-90.70%	-79.49%	-17.40%	-69.93%	-19.09%
Net Cash Per Share	-0.24	0.00	0.04	0.20	0.24	0.81
Filing Date Shares Outstanding	402.11	402.11	402.11	402.11	402.11	402.11
Total Common Shares Outstanding	402.11	402.11	402.11	402.11	402.11	402.11
Working Capital	21.8	25.43	34.85	100.08	137.37	330.11
Book Value Per Share	0.92	0.93	1.03	1.15	1.10	1.62
Tangible Book Value	241.79	246.63	282.13	327.82	299.26	503.75
Tangible Book Value Per Share	0.60	0.61	0.70	0.82	0.74	1.25
Buildings	-	245.7	245.2	246.61	260.78	258.17
Machinery	-	180.22	173.7	176.38	186.39	190.86
Construction In Progress	-	0.03	0.06	0.25	0.67	-

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