Zhejiang Wanfeng Chemical 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	416.61	451.52	462.92	137.19	102.26
Cash & Short-Term Investments	416.61	451.52	462.92	137.19	102.26
Cash Growth	-7.73%	-2.46%	237.43%	34.16%	31.24%
Accounts Receivable	270.91	325.49	285.57	276.27	284.65
Other Receivables	1.13	3.27	3.04	0.42	0.41
Receivables	272.04	328.77	288.61	276.69	285.06
Inventory	295.7	270.4	325.35	295.08	307.74
Other Current Assets	20.96	6.12	8.22	7.08	5.54
Total Current Assets	1,005	1,057	1,085	716.04	700.6
Property, Plant & Equipment	378.7	223.24	188.91	120.72	123.02
Other Intangible Assets	137.4	139.28	95.93	6.93	7.22
Long-Term Deferred Tax Assets	0.02	0.02	0.03	0.03	0.28
Long-Term Deferred Charges	1.52	1.08	1.43	0.37	2.85
Other Long-Term Assets	52.64	30.73	11.87	13.62	8.53
Total Assets	1,576	1,451	1,383	857.71	842.5
Accounts Payable	176.66	145.1	137.06	131.6	143.07
Accrued Expenses	18.06	23.14	17.54	14.85	16.05
Short-Term Debt	77.56	71.42	39.04	3.93	9.8
Current Portion of Long-Term Debt	28.66	8.83	30.4	-	36.85
Current Portion of Leases	-	0.04	0.04	2.52	3.02
Current Income Taxes Payable	9.15	5.56	4.2	3.2	1.36
Current Unearned Revenue	2.71	3.17	2.52	2.59	10.26
Other Current Liabilities	111.67	83.78	70.54	82.94	91.6
Total Current Liabilities	424.48	341.05	301.34	241.63	312.02
Long-Term Debt	32.32	44.11	42.79	36.84	-
Long-Term Leases	-	-	0.04	0.18	2.44
Long-Term Unearned Revenue	19.39	0.78	0.99	1.3	0.77
Long-Term Deferred Tax Liabilities	0.44	3.38	3.9	5.04	3.43
Total Liabilities	476.63	389.31	349.06	284.99	318.66
Common Stock	133.38	133.38	133.38	100	100
Additional Paid-In Capital	630.9	630.16	629.26	241.13	239.99
Retained Earnings	331.35	295.1	270.11	229.66	182.04
Comprehensive Income & Other	1.59	1.56	0.29	1.25	0.59
Total Common Equity	1,097	1,060	1,033	572.03	522.61
Minority Interest	1.75	1.64	1.17	0.68	1.23
Shareholders' Equity	1,099	1,062	1,034	572.71	523.84
Total Liabilities & Equity	1,576	1,451	1,383	857.71	842.5
Total Debt	138.53	124.4	112.31	43.48	52.1
Net Cash (Debt)	278.08	327.12	350.61	93.71	50.16
Net Cash Growth	-14.99%	-6.70%	274.15%	86.83%	22.13%
Net Cash Per Share	2.07	2.48	2.95	0.94	0.50
Filing Date Shares Outstanding	137.14	133.38	133.38	100	100
Total Common Shares Outstanding	137.14	133.38	133.38	100	100
Working Capital	580.84	715.76	783.77	474.41	388.58
Book Value Per Share	8.00	7.95	7.75	5.72	5.23
Tangible Book Value	959.82	920.92	937.11	565.11	515.39
Tangible Book Value Per Share	7.00	6.90	7.03	5.65	5.15
Buildings	-	148.08	148.08	81.78	77.93
Machinery	-	218.6	181.85	157.79	148.18
Construction In Progress	-	46.79	21.48	5.19	1.45

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