Huafang Co.,Ltd 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	524.58	345.15	435.48	453.66	449.06	796.41
Cash & Short-Term Investments	524.58	345.15	435.48	453.66	449.06	796.41
Cash Growth	0.74%	-20.74%	-4.01%	1.03%	-43.61%	1.92%
Accounts Receivable	558.37	486.36	294.92	484.06	383.96	319.38
Other Receivables	54.56	56.76	34.37	28.63	29.16	21.56
Receivables	612.93	543.12	329.28	512.69	413.11	340.94
Inventory	835.31	969.22	869.15	801.07	989.52	862.58
Other Current Assets	48.61	46.51	36.08	52.37	94.18	120.01
Total Current Assets	2,021	1,904	1,670	1,820	1,946	2,120
Property, Plant & Equipment	1,419	1,221	1,294	1,363	1,349	1,108
Long-Term Investments	65.44	65.44	57.26	75.93	81.06	92.88
Other Intangible Assets	183.54	187.62	193.93	198.6	205.6	294.66
Long-Term Deferred Tax Assets	4.49	4.49	4.18	3.89	3.6	3.29
Other Long-Term Assets	1.55	275.41	267.53	277.15	267.62	126.88
Total Assets	3,696	3,658	3,487	3,739	3,852	3,746
Accounts Payable	1,000	1,029	782.01	870.19	985.85	864.39
Accrued Expenses	3.6	7.18	5.95	9.79	25.54	7.72
Short-Term Debt	1,073	946.59	1,016	943.55	828	1,029
Current Portion of Long-Term Debt	143.4	152.6	201.94	294.45	191.04	183.68
Current Income Taxes Payable	3.98	0.16	0.01	0.01	5.44	1.22
Current Unearned Revenue	44.72	39.37	43.53	39.37	117.2	89.6
Other Current Liabilities	27.48	35.54	37.05	39.78	44.83	24.79
Total Current Liabilities	2,296	2,211	2,086	2,197	2,198	2,200
Long-Term Debt	268.49	236.92	143.22	272.68	295.93	113.93
Long-Term Unearned Revenue	-	-	-	0.1	0.2	0.2
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.51
Other Long-Term Liabilities	0.77	0.77	0.32	1.24	1.11	-
Total Liabilities	2,565	2,449	2,230	2,471	2,495	2,316
Common Stock	629.82	629.82	629.82	629.82	629.82	629.82
Additional Paid-In Capital	1,042	1,042	1,042	1,042	1,042	1,042
Retained Earnings	-439.12	-360.3	-304.78	-314.22	-228.42	-171.14
Comprehensive Income & Other	-105.39	-105.39	-113.33	-94.42	-91.21	-75.85
Total Common Equity	1,127	1,206	1,253	1,263	1,352	1,425
Minority Interest	3.34	3.22	3.76	4.63	5.25	5.06
Shareholders' Equity	1,130	1,209	1,257	1,268	1,357	1,430
Total Liabilities & Equity	3,696	3,658	3,487	3,739	3,852	3,746
Total Debt	1,485	1,336	1,361	1,511	1,315	1,327
Net Cash (Debt)	-959.99	-990.96	-925.23	-1,057	-865.91	-530.21
Net Cash Per Share	-1.52	-1.57	-1.47	-1.68	-1.36	-0.89
Filing Date Shares Outstanding	629.82	629.82	629.82	629.82	629.82	629.82
Total Common Shares Outstanding	629.82	629.82	629.82	629.82	629.82	629.82
Working Capital	-274.53	-306.88	-416.06	-377.35	-252.02	-80.46
Book Value Per Share	1.79	1.91	1.99	2.01	2.15	2.26
Tangible Book Value	943.51	1,018	1,060	1,064	1,146	1,130
Tangible Book Value Per Share	1.50	1.62	1.68	1.69	1.82	1.79
Buildings	-	1,085	1,060	995.03	955.53	914.53
Machinery	-	966.21	959.72	919.48	841.08	964.49
Construction In Progress	-	2.67	2.55	53.27	66.09	117.29

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