Shanxi Huaxiang Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	623.9	557.09	448.61	610.31	1,295
Trading Asset Securities	832.42	1,129	886.3	652.65	117.59
Cash & Short-Term Investments	1,456	1,686	1,335	1,263	1,413
Cash Growth	-13.62%	26.30%	5.70%	-10.59%	195.78%
Accounts Receivable	1,503	1,404	1,309	1,239	1,118
Other Receivables	9.65	9.01	27.86	28.87	4.12
Receivables	1,513	1,413	1,337	1,268	1,122
Inventory	1,019	696.92	639.82	633.69	546.55
Other Current Assets	118.26	66.67	102.47	66.49	47.27
Total Current Assets	4,107	3,863	3,414	3,231	3,128
Property, Plant & Equipment	2,340	1,931	1,663	1,617	1,295
Long-Term Investments	34.53	32.68	15.49	15	-
Goodwill	-	-	-	-	57.13
Other Intangible Assets	169.83	169.53	168.05	159.68	163.38
Long-Term Deferred Tax Assets	17.07	6.08	1.15	1.64	12.47
Long-Term Deferred Charges	58.78	47.07	44.32	40.46	33.93
Other Long-Term Assets	124.35	39.68	17.61	35.29	133.16
Total Assets	6,851	6,089	5,324	5,100	4,823
Accounts Payable	1,094	697.26	563.95	759.09	715.47
Accrued Expenses	57.99	209.46	150.96	114.63	125.22
Short-Term Debt	-	-	1	2	22.64
Current Portion of Long-Term Debt	86.65	12.67	9.66	348.58	50.46
Current Portion of Leases	-	2.13	3.77	6.25	5.89
Current Income Taxes Payable	39.09	23.29	12.49	3.59	14.89
Current Unearned Revenue	6.87	4.19	8.75	10.47	11.93
Other Current Liabilities	102.43	220.65	177.3	186.66	207.67
Total Current Liabilities	1,387	1,170	927.89	1,431	1,154
Long-Term Debt	638.34	1,517	1,365	951.19	1,055
Long-Term Leases	4.38	4.95	3.19	8.39	9.48
Long-Term Unearned Revenue	157.56	105.92	105.34	122.33	140.68
Long-Term Deferred Tax Liabilities	30.67	35.62	44.85	47.46	59.43
Other Long-Term Liabilities	-	-	-	-	16.8
Total Liabilities	2,218	2,834	2,446	2,561	2,436
Common Stock	540.17	470.58	437.17	437.17	436.09
Additional Paid-In Capital	2,029	1,150	944.03	911.46	881.37
Retained Earnings	1,844	1,466	1,279	969.48	804.66
Treasury Stock	-60.6	-56.69	-21.98	-41.17	-59.23
Comprehensive Income & Other	7.05	142.07	137.96	137.24	136.86
Total Common Equity	4,360	3,172	2,776	2,414	2,200
Minority Interest	272.7	84.03	101.37	125.1	187.79
Shareholders' Equity	4,633	3,256	2,878	2,539	2,388
Total Liabilities & Equity	6,851	6,089	5,324	5,100	4,823
Total Debt	729.36	1,537	1,383	1,316	1,143
Net Cash (Debt)	726.96	148.82	-47.91	-53.45	269.03
Net Cash Growth	388.47%	-	-	-	-40.22%
Net Cash Per Share	1.43	0.32	-0.11	-0.12	0.62
Filing Date Shares Outstanding	525.88	470.58	437.17	437.17	436.09
Total Common Shares Outstanding	525.88	470.58	437.17	437.17	436.09
Working Capital	2,720	2,693	2,486	1,799	1,974
Book Value Per Share	8.29	6.74	6.35	5.52	5.04
Tangible Book Value	4,190	3,002	2,608	2,254	1,979
Tangible Book Value Per Share	7.97	6.38	5.97	5.16	4.54
Buildings	-	665.48	627.78	616.51	-
Machinery	-	2,524	2,121	1,841	-
Construction In Progress	-	64.38	61.62	116.05	-

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