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 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	289.29	391.23	562.65	424.17	351.97	320.52
Trading Asset Securities	4.99	1.88	0.1	-	-	105.73
Cash & Short-Term Investments	294.27	393.11	562.75	424.17	351.97	426.25
Cash Growth	-32.52%	-30.14%	32.67%	20.51%	-17.43%	160.96%
Accounts Receivable	3,394	3,368	2,994	2,700	1,883	1,439
Other Receivables	0.5	0.63	1.33	1.43	10.16	1.11
Receivables	3,394	3,369	2,996	2,701	1,893	1,440
Inventory	3,450	3,132	2,566	2,113	1,939	1,640
Other Current Assets	137.02	104.35	187.49	118.15	110.04	198.61
Total Current Assets	7,275	6,998	6,312	5,356	4,294	3,704
Property, Plant & Equipment	2,035	1,785	1,453	1,605	1,766	1,853
Other Intangible Assets	464.97	468.08	164.44	169.92	173.63	179.53
Long-Term Deferred Tax Assets	59.67	43.84	40.33	37.96	34.88	42.22
Other Long-Term Assets	330.91	411.71	290.1	14.03	15.93	45.32
Total Assets	10,166	9,707	8,260	7,183	6,285	5,825
Accounts Payable	839.43	484.32	707.44	313.44	153.6	120.14
Accrued Expenses	60.53	157.04	137.45	160.66	162.47	129.2
Short-Term Debt	1,910	2,020	1,075	1,180	1,180	1,404
Current Portion of Long-Term Debt	2.01	0.03	535.39	650.64	425.77	150.75
Current Portion of Leases	-	1.91	1.8	2.19	1.33	1.69
Current Income Taxes Payable	70.78	44.26	50.94	29.69	1.39	2.28
Current Unearned Revenue	58.09	58.03	44.7	32	26.8	19.62
Other Current Liabilities	181.96	311.19	20.22	88.19	105.53	89.48
Total Current Liabilities	3,123	3,077	2,573	2,456	2,057	1,917
Long-Term Debt	102.6	43.32	-	40	320	582.5
Long-Term Leases	6.85	7.34	8.85	10.66	11.36	12.69
Long-Term Unearned Revenue	253.31	145.8	145.3	151.51	163.95	171.34
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.03
Other Long-Term Liabilities	-	-	-	-	0.6	-
Total Liabilities	3,486	3,273	2,727	2,659	2,552	2,684
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	4,803	4,561	3,658	2,640	1,841	1,251
Comprehensive Income & Other	58.06	54.92	56.29	66.03	73.45	71.65
Total Common Equity	6,680	6,434	5,533	4,524	3,733	3,141
Minority Interest	0.05	0.04	0.05	0.05	0.02	0.01
Shareholders' Equity	6,680	6,434	5,533	4,525	3,733	3,141
Total Liabilities & Equity	10,166	9,707	8,260	7,183	6,285	5,825
Total Debt	2,022	2,073	1,621	1,883	1,938	2,152
Net Cash (Debt)	-1,727	-1,680	-1,059	-1,459	-1,586	-1,726
Net Cash Per Share	-1.71	-1.68	-1.06	-1.46	-1.60	-1.73
Filing Date Shares Outstanding	1,012	998.53	998.53	998.53	998.53	998.53
Total Common Shares Outstanding	1,012	998.53	998.53	998.53	998.53	998.53
Working Capital	4,153	3,922	3,739	2,900	2,238	1,787
Book Value Per Share	6.60	6.44	5.54	4.53	3.74	3.15
Tangible Book Value	6,215	5,966	5,368	4,355	3,559	2,961
Tangible Book Value Per Share	6.14	5.97	5.38	4.36	3.56	2.97
Buildings	-	945.01	850.02	819.25	812.04	789.46
Machinery	-	2,234	2,080	2,072	2,034	1,872
Construction In Progress	-	450.37	72.86	63.63	82.17	165.22

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