Shanghai Huafon Aluminium 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	743.56	562.65	424.17	351.97	320.52	114.67
Trading Asset Securities	-	0.1	-	-	105.73	48.67
Cash & Short-Term Investments	743.56	562.75	424.17	351.97	426.25	163.34
Cash Growth	36.40%	32.67%	20.51%	-17.43%	160.96%	102.19%
Accounts Receivable	3,181	2,994	2,700	1,883	1,439	1,190
Other Receivables	0.83	1.33	1.43	10.16	1.11	0.21
Receivables	3,181	2,996	2,701	1,893	1,440	1,190
Inventory	2,835	2,566	2,113	1,939	1,640	1,347
Other Current Assets	172.89	187.49	118.15	110.04	198.61	207.42
Total Current Assets	6,933	6,312	5,356	4,294	3,704	2,908
Property, Plant & Equipment	1,502	1,453	1,605	1,766	1,853	1,840
Other Intangible Assets	304.04	164.44	169.92	173.63	179.53	182.94
Long-Term Deferred Tax Assets	40.63	40.33	37.96	34.88	42.22	48.25
Other Long-Term Assets	462.44	290.1	14.03	15.93	45.32	20.38
Total Assets	9,242	8,260	7,183	6,285	5,825	5,000
Accounts Payable	441.72	707.44	313.44	153.6	120.14	48.56
Accrued Expenses	78.39	137.45	160.66	162.47	129.2	98.91
Short-Term Debt	2,048	1,075	1,180	1,180	1,404	1,614
Current Portion of Long-Term Debt	200.37	535.39	650.64	425.77	150.75	100.17
Current Portion of Leases	-	1.8	2.19	1.33	1.69	-
Current Income Taxes Payable	82.32	50.94	29.69	1.39	2.28	3.24
Current Unearned Revenue	91.9	44.7	32	26.8	19.62	11.69
Other Current Liabilities	12.42	20.22	88.19	105.53	89.48	134
Total Current Liabilities	2,955	2,573	2,456	2,057	1,917	2,011
Long-Term Debt	10	-	40	320	582.5	150
Long-Term Leases	7.82	8.85	10.66	11.36	12.69	-
Long-Term Unearned Revenue	137.95	145.3	151.51	163.95	171.34	174.79
Long-Term Deferred Tax Liabilities	-	-	-	-	0.03	-
Other Long-Term Liabilities	-	-	-	0.6	-	-
Total Liabilities	3,111	2,727	2,659	2,552	2,684	2,336
Common Stock	998.53	998.53	998.53	998.53	998.53	998.53
Additional Paid-In Capital	819.84	819.84	819.84	819.84	819.84	819.84
Retained Earnings	4,254	3,658	2,640	1,841	1,251	788.57
Comprehensive Income & Other	57.89	56.29	66.03	73.45	71.65	57.19
Total Common Equity	6,131	5,533	4,524	3,733	3,141	2,664
Minority Interest	0.01	0.05	0.05	0.02	0.01	0.05
Shareholders' Equity	6,131	5,533	4,525	3,733	3,141	2,664
Total Liabilities & Equity	9,242	8,260	7,183	6,285	5,825	5,000
Total Debt	2,266	1,621	1,883	1,938	2,152	1,864
Net Cash (Debt)	-1,523	-1,059	-1,459	-1,586	-1,726	-1,701
Net Cash Per Share	-1.53	-1.06	-1.46	-1.60	-1.73	-2.11
Filing Date Shares Outstanding	998.53	998.53	998.53	998.53	998.53	998.53
Total Common Shares Outstanding	998.53	998.53	998.53	998.53	998.53	998.53
Working Capital	3,978	3,739	2,900	2,238	1,787	897.3
Book Value Per Share	6.14	5.54	4.53	3.74	3.15	2.67
Tangible Book Value	5,827	5,368	4,355	3,559	2,961	2,481
Tangible Book Value Per Share	5.84	5.38	4.36	3.56	2.97	2.48
Buildings	-	850.02	819.25	812.04	789.46	776.75
Machinery	-	2,080	2,072	2,034	1,872	1,598
Construction In Progress	-	72.86	63.63	82.17	165.22	276.35

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.