Huafang Co.,Ltd 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	507.25	345.15	435.48	453.66	449.06
Cash & Short-Term Investments	507.25	345.15	435.48	453.66	449.06
Cash Growth	46.97%	-20.74%	-4.01%	1.03%	-43.61%
Accounts Receivable	503.06	486.36	294.92	484.06	383.96
Other Receivables	197.91	56.76	34.37	28.63	29.16
Receivables	700.97	543.12	329.28	512.69	413.11
Inventory	781.22	969.22	869.15	801.07	989.52
Other Current Assets	101.12	46.51	36.08	52.37	94.18
Total Current Assets	2,091	1,904	1,670	1,820	1,946
Property, Plant & Equipment	1,204	1,221	1,294	1,363	1,349
Long-Term Investments	59.72	65.44	57.26	75.93	81.06
Other Intangible Assets	184.11	187.62	193.93	198.6	205.6
Long-Term Deferred Tax Assets	5.54	4.49	4.18	3.89	3.6
Other Long-Term Assets	0.76	275.41	267.53	277.15	267.62
Total Assets	3,545	3,658	3,487	3,739	3,852
Accounts Payable	955.8	1,029	782.01	870.19	985.85
Accrued Expenses	3.19	7.18	5.95	9.79	25.54
Short-Term Debt	1,072	946.59	1,016	943.55	828
Current Portion of Long-Term Debt	248.68	152.6	201.94	294.45	191.04
Current Income Taxes Payable	3.93	0.16	0.01	0.01	5.44
Current Unearned Revenue	71.49	39.37	43.53	39.37	117.2
Other Current Liabilities	69.87	35.54	37.05	39.78	44.83
Total Current Liabilities	2,425	2,211	2,086	2,197	2,198
Long-Term Debt	175.4	236.92	143.22	272.68	295.93
Long-Term Unearned Revenue	-	-	-	0.1	0.2
Other Long-Term Liabilities	1	0.77	0.32	1.24	1.11
Total Liabilities	2,602	2,449	2,230	2,471	2,495
Common Stock	629.82	629.82	629.82	629.82	629.82
Additional Paid-In Capital	1,042	1,042	1,042	1,042	1,042
Retained Earnings	-620.9	-360.3	-304.78	-314.22	-228.42
Comprehensive Income & Other	-110.68	-105.39	-113.33	-94.42	-91.21
Total Common Equity	939.98	1,206	1,253	1,263	1,352
Minority Interest	3.39	3.22	3.76	4.63	5.25
Shareholders' Equity	943.37	1,209	1,257	1,268	1,357
Total Liabilities & Equity	3,545	3,658	3,487	3,739	3,852
Total Debt	1,496	1,336	1,361	1,511	1,315
Net Cash (Debt)	-989.12	-990.96	-925.23	-1,057	-865.91
Net Cash Per Share	-1.57	-1.57	-1.47	-1.68	-1.36
Filing Date Shares Outstanding	627.34	629.82	629.82	629.82	629.82
Total Common Shares Outstanding	627.34	629.82	629.82	629.82	629.82
Working Capital	-334.7	-306.88	-416.06	-377.35	-252.02
Book Value Per Share	1.50	1.91	1.99	2.01	2.15
Tangible Book Value	755.87	1,018	1,060	1,064	1,146
Tangible Book Value Per Share	1.20	1.62	1.68	1.69	1.82
Buildings	-	1,085	1,060	995.03	955.53
Machinery	-	966.21	959.72	919.48	841.08
Construction In Progress	-	2.67	2.55	53.27	66.09

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