Hubei Huarong Holding 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	7.19	3.53	3.68	3.7	16.31	32.28
Cash & Short-Term Investments	7.19	3.53	3.68	3.7	16.31	32.28
Cash Growth	8.39%	-4.01%	-0.67%	-77.29%	-49.47%	25.97%
Accounts Receivable	127.13	113.41	100.23	95.33	68.73	61.56
Other Receivables	2.01	1.69	15.07	0.61	1.03	1.11
Receivables	129.13	115.1	115.3	95.94	69.76	62.67
Inventory	17.27	9.68	10.93	9.86	12.95	14.45
Prepaid Expenses	-	0.1	0.05	0.05	0.17	0.02
Other Current Assets	4.72	1.03	0.96	1.18	1.09	2.44
Total Current Assets	158.31	129.44	130.92	110.73	100.28	111.86
Property, Plant & Equipment	21.24	20.91	10.09	12.56	18.17	7.2
Other Intangible Assets	0.5	0.66	0.88	1.1	1.32	2.21
Long-Term Deferred Tax Assets	2.8	3.14	2.49	4.46	1.24	0.12
Long-Term Deferred Charges	0.18	0.2	-	-	-	-
Other Long-Term Assets	-	0.01	0.11	-	-	-
Total Assets	183.02	154.36	144.48	128.86	121.01	121.4
Accounts Payable	18.74	16.66	14.32	16.22	12.18	6.02
Accrued Expenses	4.01	7.66	8.58	9.93	11.98	11.2
Short-Term Debt	85.15	59.06	53.98	38.66	17.74	19.65
Current Portion of Leases	21.8	2.66	1.61	2.26	2.6	-
Current Income Taxes Payable	3.31	0	-	-	-	2.6
Current Unearned Revenue	7.32	3.34	3.98	1.45	0.75	4.21
Other Current Liabilities	18.01	17.54	18.05	7.57	15.24	14.22
Total Current Liabilities	158.35	106.93	100.52	76.08	60.5	57.9
Long-Term Leases	6.97	8.27	2.87	3.72	7.24	-
Long-Term Unearned Revenue	0.04	0.12	0.23	0.34	-	-
Long-Term Deferred Tax Liabilities	1.39	1.59	0.69	1.59	0.2	0.3
Other Long-Term Liabilities	0.8	0.8	0.8	0.8	0.8	0.8
Total Liabilities	167.55	117.71	105.11	82.53	68.74	59
Common Stock	195.6	195.6	195.6	195.6	195.6	195.6
Additional Paid-In Capital	228.76	228.75	228.75	228.75	228.75	228.75
Retained Earnings	-418.66	-416.54	-411.85	-403.57	-397.08	-388.22
Comprehensive Income & Other	0.47	0.41	0.3	0.2	0.19	-
Total Common Equity	6.16	8.22	12.8	20.97	27.45	36.13
Minority Interest	9.31	28.43	26.57	25.35	24.82	26.27
Shareholders' Equity	15.47	36.65	39.37	46.33	52.28	62.4
Total Liabilities & Equity	183.02	154.36	144.48	128.86	121.01	121.4
Total Debt	113.92	69.99	58.46	44.63	27.58	19.65
Net Cash (Debt)	-106.74	-66.46	-54.78	-40.92	-11.27	12.63
Net Cash Growth	-	-	-	-	-	51.03%
Net Cash Per Share	-0.46	-0.28	-0.26	-0.19	-0.06	0.06
Filing Date Shares Outstanding	195.6	195.6	195.6	195.6	195.6	195.6
Total Common Shares Outstanding	195.6	195.6	195.6	195.6	195.6	195.6
Working Capital	-0.04	22.51	30.4	34.66	39.79	53.97
Book Value Per Share	0.03	0.04	0.07	0.11	0.14	0.18
Tangible Book Value	5.67	7.56	11.92	19.87	26.13	33.91
Tangible Book Value Per Share	0.03	0.04	0.06	0.10	0.13	0.17
Buildings	-	0.12	0.12	0.12	0.11	0.11
Machinery	-	21.01	15.43	16.99	15.81	11.97

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