Cangzhou Dahua 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	Sep '25 Sep 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	440.2	427.83	177.65	419.55	426.51	1,090
Cash & Short-Term Investments	440.2	427.83	177.65	419.55	426.51	1,090
Cash Growth	55.16%	140.84%	-57.66%	-1.63%	-60.89%	-16.45%
Accounts Receivable	248.25	296.67	443.67	524.81	451.7	337.71
Other Receivables	14.34	1.34	177.79	189.73	189.69	190.55
Receivables	262.59	298.01	621.46	714.53	641.38	528.26
Inventory	369.39	285.42	360	406.51	307.98	183.34
Prepaid Expenses	-	1.31	1.1	0.96	94.12	59.23
Other Current Assets	67.63	39.95	37.09	26.23	31.8	138.66
Total Current Assets	1,140	1,053	1,197	1,568	1,502	2,000
Property, Plant & Equipment	4,519	4,558	4,844	5,139	4,953	4,169
Other Intangible Assets	306.8	327.68	356.97	314.69	314.32	132.76
Long-Term Deferred Charges	9.08	10.4	12.15	13.89	15.64	-
Other Long-Term Assets	60.03	21.85	1.25	12.08	115.5	70.47
Total Assets	6,035	5,970	6,412	7,048	6,900	6,373
Accounts Payable	629.85	712.5	834.66	711.22	919.08	665.66
Accrued Expenses	14.43	2.14	13.17	27.91	14.57	46.15
Short-Term Debt	-	-	-	507.23	30.01	30.03
Current Portion of Long-Term Debt	307.3	3.24	3.41	9.07	157.7	30
Current Portion of Leases	-	-	2.1	8.01	8.38	-
Current Income Taxes Payable	40.6	39.81	27.03	40.88	-	9.32
Current Unearned Revenue	158.34	84.08	57.72	98.97	90.17	87.96
Other Current Liabilities	399.12	403.4	534.43	631.66	598.26	379.92
Total Current Liabilities	1,550	1,245	1,473	2,035	1,818	1,249
Long-Term Debt	74.17	355	555.5	697.22	1,162	1,175
Long-Term Leases	-	-	-	2.11	10.22	-
Long-Term Unearned Revenue	6.63	8.71	11.11	13.55	8.99	11.26
Long-Term Deferred Tax Liabilities	54.05	54.05	54.66	48.8	53.29	26.18
Total Liabilities	1,685	1,663	2,094	2,797	3,053	2,461
Common Stock	413.96	413.96	416.14	418.36	418.6	411.86
Additional Paid-In Capital	547.04	547.04	555.7	567.15	560.9	524.5
Retained Earnings	3,062	3,023	3,052	2,987	2,592	2,631
Treasury Stock	-	-	-24.23	-36.75	-38.11	-
Comprehensive Income & Other	0.49	-	-	0.07	-	6.51
Total Common Equity	4,024	3,984	4,000	3,936	3,533	3,573
Minority Interest	326.97	323.16	318.39	315.26	314.17	337.95
Shareholders' Equity	4,351	4,307	4,318	4,251	3,848	3,911
Total Liabilities & Equity	6,035	5,970	6,412	7,048	6,900	6,373
Total Debt	381.48	358.24	561.01	1,224	1,368	1,235
Net Cash (Debt)	58.72	69.6	-383.36	-804.09	-941.63	-144.39
Net Cash Per Share	0.15	0.18	-0.93	-1.94	-2.29	-0.35
Filing Date Shares Outstanding	413.96	413.96	416.14	418.36	418.6	411.86
Total Common Shares Outstanding	413.96	413.96	416.14	418.36	418.6	411.86
Working Capital	-409.85	-192.64	-275.21	-467.18	-316.38	750.93
Book Value Per Share	9.72	9.62	9.61	9.41	8.44	8.68
Tangible Book Value	3,717	3,657	3,643	3,621	3,219	3,441
Tangible Book Value Per Share	8.98	8.83	8.75	8.66	7.69	8.35
Buildings	-	1,857	1,775	1,593	1,597	1,016
Machinery	-	6,912	6,819	5,736	5,750	3,360
Construction In Progress	-	67.37	55.48	1,140	544.46	2,486

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.