Wanhua Chemical Group 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	46,829	27,663	24,536	23,713	18,990	34,218
Trading Asset Securities	2,503	-	5.27	2.5	-	1.75
Cash & Short-Term Investments	49,332	27,663	24,542	23,716	18,990	34,220
Cash Growth	33.96%	12.72%	3.48%	24.88%	-44.51%	94.09%
Accounts Receivable	19,614	18,650	13,618	10,842	10,315	15,276
Other Receivables	1,311	863.55	1,294	936.23	977.52	1,158
Receivables	20,924	19,514	14,912	11,778	11,292	16,470
Inventory	28,724	26,014	24,107	20,650	18,185	18,282
Other Current Assets	8,716	8,445	6,429	5,720	3,065	3,320
Total Current Assets	107,696	81,637	69,990	61,864	51,532	72,291
Property, Plant & Equipment	203,645	203,764	189,362	157,173	122,370	98,215
Long-Term Investments	12,647	13,505	10,216	7,641	6,823	4,458
Goodwill	2,251	2,293	2,196	2,158	1,292	1,264
Other Intangible Assets	12,697	12,771	11,971	10,786	9,980	7,982
Long-Term Deferred Tax Assets	3,973	4,257	3,648	3,003	2,635	1,809
Long-Term Deferred Charges	74.05	77.84	31.39	28.75	29.1	27.77
Other Long-Term Assets	4,688	3,316	4,526	9,345	5,301	3,462
Total Assets	347,672	323,009	293,333	253,040	200,843	190,310
Accounts Payable	58,614	76,324	69,136	45,594	24,205	20,390
Accrued Expenses	805.75	2,495	1,477	1,864	2,193	3,375
Short-Term Debt	60,137	27,797	35,572	43,529	56,764	62,160
Current Portion of Long-Term Debt	16,199	15,115	9,929	7,489	2,374	3,106
Current Portion of Leases	-	1,701	1,253	1,033	824.71	1,105
Current Income Taxes Payable	1,389	684.6	502.63	623.91	1,204	2,307
Current Unearned Revenue	6,809	5,723	5,194	5,674	5,392	4,434
Other Current Liabilities	4,909	2,679	3,019	2,851	2,060	1,126
Total Current Liabilities	148,863	132,519	126,083	108,657	95,017	98,002
Long-Term Debt	60,284	53,465	51,693	39,928	16,285	15,760
Long-Term Leases	10,612	12,803	8,392	6,998	5,843	2,707
Long-Term Unearned Revenue	2,723	2,702	2,335	2,048	1,681	1,424
Pension & Post-Retirement Benefits	-	33.14	28.31	5.71	5.15	5.42
Long-Term Deferred Tax Liabilities	837.41	1,051	805.21	701.64	366.58	377.33
Other Long-Term Liabilities	290.12	306.75	496.79	248.03	308.82	337.92
Total Liabilities	223,610	202,880	189,833	158,586	119,506	118,614
Common Stock	3,130	3,130	3,140	3,140	3,140	3,140
Additional Paid-In Capital	3,725	3,726	1,806	1,816	2,160	2,161
Retained Earnings	104,100	100,382	90,147	83,848	72,055	63,671
Comprehensive Income & Other	443.59	1,067	-466.72	-148.29	-510.43	-472.86
Total Common Equity	111,399	108,305	94,626	88,656	76,845	68,499
Minority Interest	12,663	11,823	8,874	5,798	4,492	3,197
Shareholders' Equity	124,062	120,129	103,500	94,454	81,337	71,696
Total Liabilities & Equity	347,672	323,009	293,333	253,040	200,843	190,310
Total Debt	147,232	110,881	106,839	98,977	82,090	84,838
Net Cash (Debt)	-97,901	-83,218	-82,297	-75,261	-63,100	-50,619
Net Cash Per Share	-31.23	-26.51	-26.21	-23.99	-20.10	-16.12
Filing Date Shares Outstanding	3,130	3,130	3,140	3,140	3,140	3,140
Total Common Shares Outstanding	3,130	3,130	3,140	3,140	3,140	3,140
Working Capital	-41,167	-50,882	-56,092	-46,793	-43,485	-25,711
Book Value Per Share	35.59	34.60	30.14	28.24	24.47	21.82
Tangible Book Value	96,450	93,241	80,459	75,713	65,572	59,252
Tangible Book Value Per Share	30.81	29.78	25.63	24.11	20.88	18.87
Land	-	339.16	309.02	313.46	295.05	286.98
Buildings	-	39,299	33,075	27,218	19,365	16,858
Machinery	-	193,704	147,677	123,793	101,644	83,086
Construction In Progress	-	34,625	63,159	50,455	37,064	29,352

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.