Hubei Zhenhua Chemical 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	296.35	269.23	483.77	267.51	286.88	194.02
Trading Asset Securities	0.03	0.03	2.15	3.62	24.04	-
Cash & Short-Term Investments	296.38	269.26	485.93	271.13	310.92	194.02
Cash Growth	-37.24%	-44.59%	79.22%	-12.80%	60.26%	-56.16%
Accounts Receivable	1,095	909.79	864.97	730.43	817.56	460.1
Other Receivables	15.75	12.65	14.18	3.44	8.15	2.43
Receivables	1,111	922.45	879.15	733.87	825.71	462.53
Inventory	1,285	1,080	826.44	642.77	615.84	462.72
Other Current Assets	270.33	318.97	125.52	147.68	94.04	369.56
Total Current Assets	2,962	2,591	2,317	1,795	1,847	1,489
Property, Plant & Equipment	2,681	2,631	2,219	1,911	1,696	1,596
Long-Term Investments	74.47	98.04	129.75	135.55	137.24	137.41
Goodwill	66.06	66.06	69.62	69.62	70.9	63.41
Other Intangible Assets	605.49	608.1	227.6	228.53	176.26	155.77
Long-Term Deferred Tax Assets	25.53	22.52	15.03	15.62	13.2	7.5
Long-Term Deferred Charges	12	10.39	13.53	17.28	18.04	24.13
Other Long-Term Assets	71.56	89.33	63.75	76.27	22.94	59.48
Total Assets	6,498	6,116	5,056	4,249	3,981	3,533
Accounts Payable	496.38	401.37	315.02	226.26	322.28	241.65
Accrued Expenses	31.92	68.43	69.75	71.47	81.73	118.51
Short-Term Debt	379.34	264.21	156.86	113.22	170.97	298.05
Current Portion of Long-Term Debt	357.68	360.04	158.33	152.76	385.61	-
Current Portion of Leases	-	-	0.53	0.45	0.37	0.13
Current Income Taxes Payable	83.58	75.87	14.22	7.2	7.75	15.21
Current Unearned Revenue	56.02	51.06	16.6	26.68	18.38	60.63
Other Current Liabilities	174.97	143.64	52.18	45.16	29.03	32.73
Total Current Liabilities	1,580	1,365	783.47	643.2	1,016	766.92
Long-Term Debt	754.41	702.28	977.74	652.16	332.88	547.09
Long-Term Leases	0.99	1.07	1.24	0.55	0.53	0.27
Long-Term Unearned Revenue	10.88	12	8.93	12.75	8.52	6.05
Long-Term Deferred Tax Liabilities	145.69	149.27	76.98	72.58	67.04	43.44
Other Long-Term Liabilities	138.77	146.85	0.01	0.02	0.03	-
Total Liabilities	2,631	2,376	1,848	1,381	1,425	1,364
Common Stock	710.76	710.76	509.02	509.02	509.02	508.42
Additional Paid-In Capital	444.45	445.11	643.34	641.61	632.17	609.02
Retained Earnings	2,728	2,606	2,043	1,663	1,398	1,074
Treasury Stock	-39.94	-44.39	-46.38	-11.27	-22.55	-33.96
Comprehensive Income & Other	10.72	9.11	9.86	3.17	1.64	2.54
Total Common Equity	3,854	3,727	3,159	2,806	2,518	2,160
Minority Interest	13.7	13.43	48.44	62.38	38.35	8.74
Shareholders' Equity	3,868	3,740	3,207	2,868	2,556	2,169
Total Liabilities & Equity	6,498	6,116	5,056	4,249	3,981	3,533
Total Debt	1,492	1,328	1,295	919.15	890.36	845.55
Net Cash (Debt)	-1,196	-1,058	-808.76	-648.02	-579.44	-651.53
Net Cash Per Share	-1.60	-1.43	-1.12	-0.91	-0.81	-0.94
Filing Date Shares Outstanding	715.4	716.14	706.05	712.62	712.62	711.78
Total Common Shares Outstanding	715.4	716.14	706.05	712.62	712.62	711.78
Working Capital	1,382	1,226	1,534	1,152	830.41	721.92
Book Value Per Share	5.39	5.20	4.47	3.94	3.53	3.04
Tangible Book Value	3,182	3,053	2,862	2,507	2,271	1,941
Tangible Book Value Per Share	4.45	4.26	4.05	3.52	3.19	2.73
Buildings	-	-	1,021	995.2	906.69	830.03
Machinery	-	-	1,834	1,659	1,489	1,271
Construction In Progress	-	-	436.89	172.46	83.58	120.4

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