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 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	32.68	43.29	56.25	64.1	96.53	87.01
Trading Asset Securities	-	-	-	-	0.5	-
Cash & Short-Term Investments	32.68	43.29	56.25	64.1	97.02	87.01
Cash Growth	-37.23%	-23.04%	-12.25%	-33.93%	11.51%	-29.81%
Accounts Receivable	106.86	103.01	119.98	140.72	187.21	616.2
Other Receivables	25.18	2.28	8.61	6.48	100.19	36.24
Receivables	132.03	105.29	128.59	147.2	287.4	652.44
Inventory	118.01	117.57	152.75	161.28	261.4	393.08
Prepaid Expenses	-	-	0.18	0.01	0.01	0.03
Other Current Assets	12.89	12.41	5.07	7.79	21.26	42.57
Total Current Assets	295.61	278.56	342.84	380.38	667.09	1,175
Property, Plant & Equipment	967.75	986.14	1,062	1,202	1,316	1,608
Goodwill	-	-	-	-	-	90.74
Other Intangible Assets	107.21	108.04	111.36	114.71	143.39	190.51
Long-Term Deferred Tax Assets	-	-	-	-	22.55	40.25
Long-Term Deferred Charges	-	-	-	-	-	0.62
Other Long-Term Assets	120.11	119.43	117.71	144.1	207.17	290.83
Total Assets	1,491	1,492	1,634	1,841	2,357	3,396
Accounts Payable	169.44	175.72	174.37	188.26	311.97	411.82
Accrued Expenses	9.78	10.79	13.46	13.09	15.82	62.58
Short-Term Debt	410.74	410.72	1,345	1,294	1,365	1,364
Current Portion of Long-Term Debt	-	-	-	37.89	26.41	322.14
Current Portion of Leases	-	-	-	-	-	0.71
Current Income Taxes Payable	11.25	11.41	3.62	3.62	3.62	21.34
Current Unearned Revenue	9.16	10.08	10.34	9.57	16.28	32.44
Other Current Liabilities	1,088	1,041	44.11	84.25	81.27	50.26
Total Current Liabilities	1,698	1,660	1,591	1,631	1,821	2,266
Long-Term Debt	-	-	-	14.88	13.93	44.89
Long-Term Unearned Revenue	14.94	15.64	1.69	2.09	1.69	1.89
Long-Term Deferred Tax Liabilities	-	-	-	-	-	3.09
Other Long-Term Liabilities	-	-	0.02	2.1	-	-
Total Liabilities	1,713	1,675	1,593	1,650	1,836	2,315
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	603.41
Retained Earnings	-1,130	-1,091	-868.26	-721.19	-400.1	-20.31
Total Common Equity	-206.6	-167.38	55.1	202.17	523.26	903.05
Minority Interest	-15.94	-15.78	-13.79	-11.39	-2.78	177.51
Shareholders' Equity	-222.55	-183.16	41.31	190.79	520.48	1,081
Total Liabilities & Equity	1,491	1,492	1,634	1,841	2,357	3,396
Total Debt	410.74	410.72	1,345	1,347	1,406	1,732
Net Cash (Debt)	-378.06	-367.42	-1,289	-1,283	-1,308	-1,645
Net Cash Per Share	-1.17	-1.16	-4.03	-4.00	-3.69	-5.14
Filing Date Shares Outstanding	326.89	310.83	319.95	315.53	319.95	319.95
Total Common Shares Outstanding	326.89	310.83	319.95	315.53	319.95	319.95
Working Capital	-1,403	-1,381	-1,248	-1,251	-1,153	-1,090
Book Value Per Share	-0.63	-0.54	0.17	0.64	1.64	2.82
Tangible Book Value	-313.82	-275.42	-56.26	87.46	379.87	621.81
Tangible Book Value Per Share	-0.96	-0.89	-0.18	0.28	1.19	1.94
Buildings	-	-	492.24	497.59	537	594.4
Machinery	-	-	698.03	776.61	880.46	990.98
Construction In Progress	-	-	468.31	501.33	481.87	528.73

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