Shandong Huifa Foodstuff 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	181.38	209.64	208.9	383.42	259.4
Trading Asset Securities	-	-	-	3.51	-
Cash & Short-Term Investments	181.38	209.64	208.9	386.93	259.4
Cash Growth	-13.48%	0.36%	-46.01%	49.17%	-11.02%
Accounts Receivable	200.17	258.83	206.22	134.34	166.11
Other Receivables	27.22	62.21	39.18	17.08	24.99
Receivables	227.39	321.03	245.4	151.42	191.1
Inventory	116.95	139.26	145.73	200.51	167.73
Other Current Assets	10.76	8.31	13.68	15.42	18.52
Total Current Assets	536.48	678.25	613.7	754.29	636.74
Property, Plant & Equipment	515.97	578.57	650.46	711.88	694.59
Long-Term Investments	43.56	54.86	27.18	0.9	1.97
Other Intangible Assets	66.83	69.42	72.7	77.55	81.58
Long-Term Deferred Tax Assets	43.36	43.11	40.82	43.78	24.99
Long-Term Deferred Charges	1.82	3.29	7.3	4.24	2.87
Other Long-Term Assets	6.81	4.88	7.62	14	8.13
Total Assets	1,215	1,432	1,420	1,607	1,451
Accounts Payable	216.06	291.48	247.66	267.24	209.26
Accrued Expenses	21.64	39.46	38.86	45.53	47.95
Short-Term Debt	423.05	421.86	445.98	670.65	451.69
Current Portion of Long-Term Debt	79.14	0.1	0.1	22.04	2
Current Portion of Leases	-	60.5	37.01	19.46	22.04
Current Income Taxes Payable	10.27	4.49	4.61	0.01	1.06
Current Unearned Revenue	6.99	10.94	20.08	11.19	7.22
Other Current Liabilities	33.27	48.01	26.78	31.22	40.87
Total Current Liabilities	790.41	876.84	821.07	1,067	782.1
Long-Term Debt	-	29.35	29.41	-	22.04
Long-Term Leases	0.52	36.57	27.75	16.51	20.74
Long-Term Unearned Revenue	5.92	10.94	14.93	15.2	22.24
Long-Term Deferred Tax Liabilities	-	-	-	0	-
Other Long-Term Liabilities	9.59	-	2.97	-	-
Total Liabilities	806.45	953.69	896.13	1,099	847.11
Common Stock	242.38	244.64	244.64	244.72	174.87
Additional Paid-In Capital	183.78	192.69	205.24	205.58	265.35
Retained Earnings	-38.35	31.2	53.12	45.6	165.48
Treasury Stock	-8.45	-18.78	-	-0.42	-14.99
Total Common Equity	379.36	449.75	503	495.49	590.71
Minority Interest	29.02	28.94	20.65	12.09	13.06
Shareholders' Equity	408.38	478.69	523.65	507.57	603.76
Total Liabilities & Equity	1,215	1,432	1,420	1,607	1,451
Total Debt	502.71	548.37	540.25	728.66	518.51
Net Cash (Debt)	-321.32	-338.73	-331.35	-341.73	-259.11
Net Cash Per Share	-1.29	-1.43	-1.32	-1.43	-1.11
Filing Date Shares Outstanding	259.66	244.64	244.64	244.72	244.82
Total Common Shares Outstanding	259.66	244.64	244.64	244.72	244.82
Working Capital	-253.94	-198.59	-207.37	-313.06	-145.36
Book Value Per Share	1.46	1.84	2.06	2.02	2.41
Tangible Book Value	312.53	380.33	430.3	417.93	509.13
Tangible Book Value Per Share	1.20	1.55	1.76	1.71	2.08
Buildings	-	705.74	708.1	698.47	644.97
Machinery	-	339.48	346.02	360.79	335.61
Construction In Progress	-	31.99	33.7	41.17	53.77

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.