Wanhua Chemical 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	-	24,536	23,713	18,990	34,218
Trading Asset Securities	-	5.27	2.5	-	1.75
Cash & Short-Term Investments	35,925	24,542	23,716	18,990	34,220
Cash Growth	46.38%	3.48%	24.88%	-44.51%	94.09%
Accounts Receivable	-	13,618	10,842	10,315	15,276
Other Receivables	-	1,294	936.23	977.52	1,158
Receivables	-	14,912	11,778	11,292	16,470
Inventory	-	24,107	20,650	18,185	18,282
Other Current Assets	-	6,429	5,720	3,065	3,320
Total Current Assets	-	69,990	61,864	51,532	72,291
Property, Plant & Equipment	-	189,362	157,173	122,370	98,215
Long-Term Investments	-	10,216	7,641	6,823	4,458
Goodwill	-	2,196	2,158	1,292	1,264
Other Intangible Assets	-	11,971	10,786	9,980	7,982
Long-Term Deferred Tax Assets	-	3,648	3,003	2,635	1,809
Long-Term Deferred Charges	-	31.39	28.75	29.1	27.77
Other Long-Term Assets	-	4,526	9,345	5,301	3,462
Total Assets	-	293,333	253,040	200,843	190,310
Accounts Payable	-	69,136	45,594	24,205	20,390
Accrued Expenses	-	1,477	1,864	2,193	3,375
Short-Term Debt	-	35,572	43,529	56,764	62,160
Current Portion of Long-Term Debt	-	9,929	7,489	2,374	3,106
Current Portion of Leases	-	1,089	1,033	824.71	1,105
Current Income Taxes Payable	-	502.63	623.91	1,204	2,307
Current Unearned Revenue	-	5,194	5,674	5,392	4,434
Other Current Liabilities	-	3,183	2,851	2,060	1,126
Total Current Liabilities	-	126,083	108,657	95,017	98,002
Long-Term Debt	-	51,693	39,928	16,285	15,760
Long-Term Leases	-	8,392	6,998	5,843	2,707
Long-Term Unearned Revenue	-	2,335	2,048	1,681	1,424
Pension & Post-Retirement Benefits	-	28.31	5.71	5.15	5.42
Long-Term Deferred Tax Liabilities	-	805.21	701.64	366.58	377.33
Other Long-Term Liabilities	-	496.79	248.03	308.82	337.92
Total Liabilities	-	189,833	158,586	119,506	118,614
Common Stock	-	3,140	3,140	3,140	3,140
Additional Paid-In Capital	-	1,806	1,816	2,160	2,161
Retained Earnings	-	90,147	83,848	72,055	63,671
Comprehensive Income & Other	-	-466.72	-148.29	-510.43	-472.86
Total Common Equity	105,152	94,626	88,656	76,845	68,499
Minority Interest	-	8,874	5,798	4,492	3,197
Shareholders' Equity	116,331	103,500	94,454	81,337	71,696
Total Liabilities & Equity	-	293,333	253,040	200,843	190,310
Total Debt	122,727	106,675	98,977	82,090	84,838
Net Cash (Debt)	-86,803	-82,133	-75,261	-63,100	-50,619
Net Cash Per Share	-27.65	-26.15	-23.99	-20.10	-16.12
Filing Date Shares Outstanding	3,130	3,140	3,140	3,140	3,140
Total Common Shares Outstanding	3,130	3,140	3,140	3,140	3,140
Working Capital	-	-56,092	-46,793	-43,485	-25,711
Book Value Per Share	33.59	30.14	28.24	24.47	21.82
Tangible Book Value	90,093	80,459	75,713	65,572	59,252
Tangible Book Value Per Share	28.78	25.63	24.11	20.88	18.87
Land	-	309.02	313.46	295.05	286.98
Buildings	-	33,075	27,218	19,365	16,858
Machinery	-	147,677	123,793	101,644	83,086
Construction In Progress	-	63,159	50,455	37,064	29,352

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