Hunan Heshun Petroleum Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	697.79	311.87	170.23	163.42	472.59	632.3
Short-Term Investments	-	209.83	-	-	-	-
Trading Asset Securities	70.13	195.03	50.13	250.47	50.06	50.13
Cash & Short-Term Investments	767.92	716.73	220.36	413.9	522.65	682.43
Cash Growth	257.17%	225.25%	-46.76%	-20.81%	-23.41%	-35.60%
Accounts Receivable	75.47	24.08	24.64	9.71	24.29	6.56
Other Receivables	37.61	41.8	73.04	3.06	4.93	3.55
Receivables	113.08	65.87	97.67	12.77	29.22	10.11
Inventory	229.71	143.64	195.02	276.7	228.14	105.19
Prepaid Expenses	-	0.03	-	-	-	-
Other Current Assets	453.6	32.29	66.42	136.89	153.58	226.46
Total Current Assets	1,564	958.56	579.47	840.25	933.6	1,024
Property, Plant & Equipment	540.92	549.63	623.32	906.63	901.88	844.69
Long-Term Investments	111.64	50.06	462.67	91.25	-	-
Other Intangible Assets	437.76	289.71	312.99	331.46	351.48	329.48
Long-Term Deferred Tax Assets	-	21	11.02	2.19	2.15	0.95
Long-Term Deferred Charges	27.34	27.23	30.48	39.51	32.25	33.28
Other Long-Term Assets	22.81	22.03	7.11	11.41	107.65	130.03
Total Assets	3,124	1,918	2,027	2,223	2,329	2,363

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	56.28	38.6	10.58	59.84	78.01	31.82
Accrued Expenses	9.17	6.6	10.27	11.5	19.02	15.6
Short-Term Debt	79.65	-	-	-	-	-
Current Portion of Leases	-	5.9	8.41	42.81	24.24	52.02
Current Income Taxes Payable	24.47	1.44	13.24	11.17	13.6	6.78
Current Unearned Revenue	618.25	165.51	162.11	171.87	208.84	265.39
Other Current Liabilities	172.67	41.22	61.72	31.63	36.4	33.13
Total Current Liabilities	970.45	259.26	266.32	328.83	380.1	404.74
Long-Term Leases	67.01	68.81	93.61	242.83	259.67	288.11
Long-Term Unearned Revenue	0.52	0.29	-	-	-	-
Long-Term Deferred Tax Liabilities	9.96	-	-	-	-	0.03
Other Long-Term Liabilities	-	-	0.56	-	2.58	-
Total Liabilities	1,254	328.36	360.49	571.67	642.35	692.89

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	171.91	171.91	173.39	173.39	173.39	173.39
Additional Paid-In Capital	804.58	803.99	819.68	843.54	843.54	843.54
Retained Earnings	687.65	623.26	696.69	684.53	717.47	647.99
Treasury Stock	-14.05	-14.05	-28.09	-55.39	-52.73	-
Total Common Equity	1,650	1,585	1,662	1,646	1,682	1,665
Minority Interest	220.15	4.75	4.91	4.95	4.97	4.81
Shareholders' Equity	1,870	1,590	1,667	1,651	1,687	1,670
Total Liabilities & Equity	3,124	1,918	2,027	2,223	2,329	2,363

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	362.37	74.71	102.02	285.64	283.91	340.13
Net Cash (Debt)	405.55	642.02	118.34	128.25	238.75	342.3
Net Cash Growth	203.65%	442.50%	-7.73%	-46.28%	-30.25%	-67.70%
Net Cash Per Share	2.29	3.56	0.69	0.76	1.38	1.98
Filing Date Shares Outstanding	170.03	170.42	170.42	170.42	170.56	173.39
Total Common Shares Outstanding	170.03	170.42	170.42	170.42	170.56	173.39
Working Capital	593.87	699.3	313.16	511.42	553.49	619.45
Book Value Per Share	9.70	9.30	9.75	9.66	9.86	9.60
Tangible Book Value	793.19	1,295	1,349	1,315	1,330	1,335
Tangible Book Value Per Share	4.67	7.60	7.91	7.71	7.80	7.70
Buildings	-	185.84	188.26	187.78	169.22	141.51
Machinery	-	267.33	289.5	312.82	310.88	110.58
Construction In Progress	-	-	-	-	10.35	168.21