Shanghai Haixin Group 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	377.16	489.45	509.55	420.29	320.12	397.69
Trading Asset Securities	750	280.19	200	295.03	240.5	127.01
Cash & Short-Term Investments	1,127	769.63	709.55	715.32	560.63	524.71
Cash Growth	57.11%	8.47%	-0.81%	27.59%	6.85%	8.66%
Accounts Receivable	97.42	89.65	138.65	175.6	182.54	147.47
Other Receivables	30.88	39.36	36.22	38.39	32.31	8.47
Receivables	128.3	129.01	174.87	213.99	214.86	159.3
Inventory	49.43	71.8	85.27	89.52	96.72	112.23
Other Current Assets	55.2	14.92	24.3	68.89	41.09	38.66
Total Current Assets	1,360	985.36	993.99	1,088	913.3	834.89
Property, Plant & Equipment	501.92	457.1	468.06	453.41	530.46	676.65
Long-Term Investments	3,083	3,003	2,562	2,503	3,005	3,176
Other Intangible Assets	12.7	12.73	13.31	13.78	14.62	14.62
Long-Term Deferred Tax Assets	17.16	18.21	19.08	19.87	19.08	17.9
Long-Term Deferred Charges	9.98	6.55	6.42	13.75	14.98	90.58
Other Long-Term Assets	843.89	848.14	848.23	838.45	827.7	814.53
Total Assets	5,829	5,331	4,911	4,930	5,326	5,625
Accounts Payable	54.43	31.02	39.6	77.93	86.15	99.21
Accrued Expenses	15.28	92.49	64.95	105.83	81.97	50.71
Short-Term Debt	27.42	25.11	25.05	15.03	17.17	73.71
Current Portion of Long-Term Debt	-	10.01	0.01	0.2	-	12
Current Portion of Leases	-	-	-	1.43	1.99	-
Current Income Taxes Payable	43.11	3.82	3.12	24.73	2.15	2.47
Current Unearned Revenue	16.55	20.31	25.86	69.07	102.72	125.39
Other Current Liabilities	140.01	116.28	171.9	178.24	188.65	133.88
Total Current Liabilities	296.79	299.03	330.49	472.47	480.8	497.38
Long-Term Debt	76.15	-	12	11.72	-	140.41
Long-Term Leases	-	-	-	-	1.05	-
Long-Term Deferred Tax Liabilities	612.8	531.4	432.8	427.03	561	607.78
Total Liabilities	985.74	830.43	775.29	911.22	1,043	1,246
Common Stock	1,207	1,207	1,207	1,207	1,207	1,207
Additional Paid-In Capital	420.29	420.29	420.29	420.29	419.64	419.64
Retained Earnings	1,685	1,434	1,361	1,250	1,123	1,027
Comprehensive Income & Other	1,358	1,273	976.37	966.36	1,379	1,536
Total Common Equity	4,670	4,334	3,965	3,844	4,128	4,189
Minority Interest	173.71	166.59	170.28	175.27	154.49	190.43
Shareholders' Equity	4,843	4,501	4,135	4,019	4,283	4,379
Total Liabilities & Equity	5,829	5,331	4,911	4,930	5,326	5,625
Total Debt	103.57	35.12	37.06	28.38	20.2	226.12
Net Cash (Debt)	1,024	734.51	672.49	686.93	540.42	298.59
Net Cash Growth	50.00%	9.22%	-2.10%	27.11%	80.99%	27.78%
Net Cash Per Share	0.85	0.61	0.56	0.57	0.45	0.25
Filing Date Shares Outstanding	1,207	1,207	1,207	1,207	1,207	1,207
Total Common Shares Outstanding	1,207	1,207	1,207	1,207	1,207	1,207
Working Capital	1,063	686.33	663.5	615.25	432.5	337.51
Book Value Per Share	3.87	3.59	3.28	3.18	3.42	3.47
Tangible Book Value	4,657	4,322	3,952	3,830	4,114	4,174
Tangible Book Value Per Share	3.86	3.58	3.27	3.17	3.41	3.46
Buildings	-	388.08	389.65	387.04	385.38	382.81
Machinery	-	172.02	184.22	270.95	279.35	289.96
Construction In Progress	-	208.64	196.2	153.72	210.62	343.8

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