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 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	459.42	507.25	345.15	435.48	453.66	449.06
Cash & Short-Term Investments	459.42	507.25	345.15	435.48	453.66	449.06
Cash Growth	11.23%	46.97%	-20.74%	-4.01%	1.03%	-43.61%
Accounts Receivable	536.92	503.06	486.36	294.92	484.06	383.96
Other Receivables	160.49	238.54	56.76	34.37	28.63	29.16
Receivables	697.41	741.6	543.12	329.28	512.69	413.11
Inventory	755.24	781.22	969.22	869.15	801.07	989.52
Other Current Assets	120.3	60.49	46.51	36.08	52.37	94.18
Total Current Assets	2,032	2,091	1,904	1,670	1,820	1,946
Property, Plant & Equipment	1,179	1,065	1,221	1,294	1,363	1,349
Long-Term Investments	59.72	59.72	65.44	57.26	75.93	81.06
Other Intangible Assets	182.46	184.11	187.62	193.93	198.6	205.6
Long-Term Deferred Tax Assets	5.54	5.54	4.49	4.18	3.89	3.6
Other Long-Term Assets	1.66	140.24	275.41	267.53	277.15	267.62
Total Assets	3,460	3,545	3,658	3,487	3,739	3,852
Accounts Payable	1,053	953.54	1,029	782.01	870.19	985.85
Accrued Expenses	2.43	10.63	7.18	5.95	9.79	25.54
Short-Term Debt	978.36	1,072	946.59	1,016	943.55	828
Current Portion of Long-Term Debt	153.36	248.68	152.6	201.94	294.45	191.04
Current Income Taxes Payable	3.42	0.05	0.16	0.01	0.01	5.44
Current Unearned Revenue	148.19	71.49	39.37	43.53	39.37	117.2
Other Current Liabilities	31.9	68.57	35.54	37.05	39.78	44.83
Total Current Liabilities	2,371	2,425	2,211	2,086	2,197	2,198
Long-Term Debt	173.46	175.4	236.92	143.22	272.68	295.93
Long-Term Unearned Revenue	-	-	-	-	0.1	0.2
Other Long-Term Liabilities	1	1	0.77	0.32	1.24	1.11
Total Liabilities	2,545	2,602	2,449	2,230	2,471	2,495
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	-649.06	-620.9	-360.3	-304.78	-314.22	-228.42
Comprehensive Income & Other	-110.68	-110.68	-105.39	-113.33	-94.42	-91.21
Total Common Equity	911.83	939.98	1,206	1,253	1,263	1,352
Minority Interest	3.49	3.39	3.22	3.76	4.63	5.25
Shareholders' Equity	915.31	943.37	1,209	1,257	1,268	1,357
Total Liabilities & Equity	3,460	3,545	3,658	3,487	3,739	3,852
Total Debt	1,305	1,496	1,336	1,361	1,511	1,315
Net Cash (Debt)	-845.76	-989.12	-990.96	-925.23	-1,057	-865.91
Net Cash Per Share	-1.43	-1.57	-1.57	-1.47	-1.68	-1.36
Filing Date Shares Outstanding	629.88	629.82	629.82	629.82	629.82	629.82
Total Common Shares Outstanding	629.88	629.82	629.82	629.82	629.82	629.82
Working Capital	-338.34	-334.7	-306.88	-416.06	-377.35	-252.02
Book Value Per Share	1.45	1.49	1.91	1.99	2.01	2.15
Tangible Book Value	729.36	755.87	1,018	1,060	1,064	1,146
Tangible Book Value Per Share	1.16	1.20	1.62	1.68	1.69	1.82
Buildings	-	1,071	1,085	1,060	995.03	955.53
Machinery	-	943.2	966.29	959.72	919.48	841.08
Construction In Progress	-	0.76	2.67	2.55	53.27	66.09

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