Shandong Huapeng Glass 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	41.17	56.25	64.1	96.53	87.01	123.46
Trading Asset Securities	-	-	-	0.5	-	0.5
Cash & Short-Term Investments	41.17	56.25	64.1	97.02	87.01	123.96
Cash Growth	21.59%	-12.25%	-33.93%	11.51%	-29.81%	60.91%
Accounts Receivable	114.4	119.98	140.72	187.21	616.2	593.74
Other Receivables	10.86	8.61	6.48	100.19	36.24	79.31
Receivables	125.26	128.59	147.2	287.4	652.44	673.06
Inventory	130.86	152.75	161.28	261.4	393.08	362.78
Prepaid Expenses	-	0.18	0.01	0.01	0.03	-
Other Current Assets	12.36	5.07	7.79	21.26	42.57	41.1
Total Current Assets	309.65	342.84	380.38	667.09	1,175	1,201
Property, Plant & Equipment	1,006	1,062	1,202	1,316	1,608	1,637
Goodwill	-	-	-	-	90.74	90.74
Other Intangible Assets	108.87	111.36	114.71	143.39	190.51	198.39
Long-Term Deferred Tax Assets	-	-	-	22.55	40.25	38.67
Long-Term Deferred Charges	-	-	-	-	0.62	1.3
Other Long-Term Assets	117.54	117.71	144.1	207.17	290.83	425.13
Total Assets	1,542	1,634	1,841	2,357	3,396	3,592
Accounts Payable	174.47	174.37	188.26	311.97	411.82	353.79
Accrued Expenses	6.53	13.46	13.09	15.82	62.58	54.17
Short-Term Debt	1,372	1,345	1,294	1,365	1,364	1,145
Current Portion of Long-Term Debt	-	-	37.89	26.41	322.14	346.22
Current Portion of Leases	-	-	-	-	0.71	-
Current Income Taxes Payable	10.91	3.62	3.62	3.62	21.34	25.24
Current Unearned Revenue	9.84	10.34	9.57	16.28	32.44	32.86
Other Current Liabilities	21.78	44.11	84.25	81.27	50.26	102.15
Total Current Liabilities	1,595	1,591	1,631	1,821	2,266	2,060
Long-Term Debt	-	-	14.88	13.93	44.89	77.92
Long-Term Unearned Revenue	1.69	1.69	2.09	1.69	1.89	2.55
Long-Term Deferred Tax Liabilities	-	-	-	-	3.09	3.64
Other Long-Term Liabilities	-	0.02	2.1	-	-	-
Total Liabilities	1,597	1,593	1,650	1,836	2,315	2,144
Common Stock	319.95	319.95	319.95	319.95	319.95	319.95
Additional Paid-In Capital	603.41	603.41	603.41	603.41	603.41	603.44
Retained Earnings	-964.31	-868.26	-721.19	-400.1	-20.31	344.42
Total Common Equity	-40.95	55.1	202.17	523.26	903.05	1,268
Minority Interest	-14.27	-13.79	-11.39	-2.78	177.51	180.02
Shareholders' Equity	-55.22	41.31	190.79	520.48	1,081	1,448
Total Liabilities & Equity	1,542	1,634	1,841	2,357	3,396	3,592
Total Debt	1,372	1,345	1,347	1,406	1,732	1,569
Net Cash (Debt)	-1,331	-1,289	-1,283	-1,308	-1,645	-1,445
Net Cash Per Share	-4.20	-4.03	-4.00	-3.69	-5.14	-4.42
Filing Date Shares Outstanding	319.95	319.95	315.53	319.95	319.95	319.95
Total Common Shares Outstanding	319.95	319.95	315.53	319.95	319.95	319.95
Working Capital	-1,286	-1,248	-1,251	-1,153	-1,090	-858.81
Book Value Per Share	-0.13	0.17	0.64	1.64	2.82	3.96
Tangible Book Value	-149.82	-56.26	87.46	379.87	621.81	978.68
Tangible Book Value Per Share	-0.47	-0.18	0.28	1.19	1.94	3.06
Buildings	-	492.24	497.59	537	594.4	590.88
Machinery	-	698.03	776.61	880.46	990.98	966.94
Construction In Progress	-	468.31	501.33	481.87	528.73	496.44

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