Shandong Huifa Foodstuff Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	139.11	209.64	208.9	383.42	259.4	290.5
Short-Term Investments	-	-	-	-	-	1.02
Trading Asset Securities	-	-	-	3.51	-	-
Cash & Short-Term Investments	139.11	209.64	208.9	386.93	259.4	291.52
Cash Growth	-41.03%	0.36%	-46.01%	49.17%	-11.02%	34.74%
Accounts Receivable	232.7	258.83	206.22	134.34	166.11	164.18
Other Receivables	28.62	62.21	39.18	17.08	24.99	8.45
Receivables	261.32	321.03	245.4	151.42	191.1	172.63
Inventory	147.15	139.26	145.73	200.51	167.73	201.57
Other Current Assets	11.92	8.31	13.68	15.42	18.52	25.22
Total Current Assets	559.49	678.25	613.7	754.29	636.74	690.95
Property, Plant & Equipment	547.92	578.57	650.46	711.88	694.59	626.56
Long-Term Investments	46.71	54.86	27.18	0.9	1.97	1.09
Other Intangible Assets	67.43	69.42	72.7	77.55	81.58	83.86
Long-Term Deferred Tax Assets	46.65	43.11	40.82	43.78	24.99	7.38
Long-Term Deferred Charges	2.15	3.29	7.3	4.24	2.87	3.45
Other Long-Term Assets	8.6	4.88	7.62	14	8.13	7.84
Total Assets	1,279	1,432	1,420	1,607	1,451	1,421
Accounts Payable	244.51	291.48	247.66	267.24	209.26	134.38
Accrued Expenses	36.05	39.46	38.86	45.53	47.95	50.1
Short-Term Debt	429.88	421.86	445.98	670.65	451.69	408.73
Current Portion of Long-Term Debt	71.29	0.1	0.1	22.04	2	32.05
Current Portion of Leases	-	60.5	37.01	19.46	22.04	19.51
Current Income Taxes Payable	-	4.49	4.61	0.01	1.06	0.19
Current Unearned Revenue	5.83	10.94	20.08	11.19	7.22	4.51
Other Current Liabilities	30.38	48.01	26.78	31.22	40.87	53.02
Total Current Liabilities	817.95	876.84	821.07	1,067	782.1	702.49
Long-Term Debt	-	29.35	29.41	-	22.04	-
Long-Term Leases	7.53	36.57	27.75	16.51	20.74	12.33
Long-Term Unearned Revenue	9.07	10.94	14.93	15.2	22.24	26.77
Long-Term Deferred Tax Liabilities	-	-	-	0	-	-
Other Long-Term Liabilities	-	-	2.97	-	-	-
Total Liabilities	834.54	953.69	896.13	1,099	847.11	741.59
Common Stock	244.64	244.64	244.64	244.72	174.87	171.89
Additional Paid-In Capital	185.01	192.69	205.24	205.58	265.35	209.43
Retained Earnings	-8.02	31.2	53.12	45.6	165.48	318.83
Treasury Stock	-8.45	-18.78	-	-0.42	-14.99	-29.81
Total Common Equity	413.19	449.75	503	495.49	590.71	670.34
Minority Interest	31.21	28.94	20.65	12.09	13.06	9.2
Shareholders' Equity	444.4	478.69	523.65	507.57	603.76	679.54
Total Liabilities & Equity	1,279	1,432	1,420	1,607	1,451	1,421
Total Debt	508.7	548.37	540.25	728.66	518.51	472.62
Net Cash (Debt)	-369.6	-338.73	-331.35	-341.73	-259.11	-181.1
Net Cash Per Share	-1.52	-1.43	-1.32	-1.43	-1.11	-0.78
Filing Date Shares Outstanding	244.64	244.64	244.64	244.72	244.82	228.45
Total Common Shares Outstanding	244.64	244.64	244.64	244.72	244.82	228.45
Working Capital	-258.46	-198.59	-207.37	-313.06	-145.36	-11.55
Book Value Per Share	1.69	1.84	2.06	2.02	2.41	2.93
Tangible Book Value	345.77	380.33	430.3	417.93	509.13	586.48
Tangible Book Value Per Share	1.41	1.55	1.76	1.71	2.08	2.57
Buildings	-	705.74	708.1	698.47	644.97	595.2
Machinery	-	339.48	346.02	360.79	335.61	287.49
Construction In Progress	-	31.99	33.7	41.17	53.77	54.77

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.