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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	161.51	181.38	209.64	208.9	383.42	259.4
Trading Asset Securities	-	-	-	-	3.51	-
Cash & Short-Term Investments	161.51	181.38	209.64	208.9	386.93	259.4
Cash Growth	-19.52%	-13.48%	0.36%	-46.01%	49.17%	-11.02%
Accounts Receivable	176.49	200.17	258.83	206.22	134.34	166.11
Other Receivables	20.35	27.22	62.21	39.18	17.08	24.99
Receivables	196.84	227.39	321.03	245.4	151.42	191.1
Inventory	147.21	116.95	139.26	145.73	200.51	167.73
Other Current Assets	18.27	10.76	8.31	13.68	15.42	18.52
Total Current Assets	523.83	536.48	678.25	613.7	754.29	636.74
Property, Plant & Equipment	501.83	515.97	578.57	650.46	711.88	694.59
Long-Term Investments	47.14	43.56	54.86	27.18	0.9	1.97
Other Intangible Assets	66.36	66.83	69.42	72.7	77.55	81.58
Long-Term Deferred Tax Assets	42.97	43.36	43.11	40.82	43.78	24.99
Long-Term Deferred Charges	1.08	1.82	3.29	7.3	4.24	2.87
Other Long-Term Assets	5.89	6.81	4.88	7.62	14	8.13
Total Assets	1,189	1,215	1,432	1,420	1,607	1,451
Accounts Payable	241.78	216.06	291.48	247.66	267.24	209.26
Accrued Expenses	25.92	31.5	39.46	38.86	45.53	47.95
Short-Term Debt	394.89	423.05	421.86	445.98	670.65	451.69
Current Portion of Long-Term Debt	39.61	29.39	0.1	0.1	22.04	2
Current Portion of Leases	-	49.75	60.5	37.01	19.46	22.04
Current Income Taxes Payable	9.17	0.03	4.49	4.61	0.01	1.06
Current Unearned Revenue	19.6	6.99	10.94	20.08	11.19	7.22
Other Current Liabilities	36.14	33.65	48.01	26.78	31.22	40.87
Total Current Liabilities	767.11	790.41	876.84	821.07	1,067	782.1
Long-Term Debt	29.47	-	29.35	29.41	-	22.04
Long-Term Leases	0.53	10.11	36.57	27.75	16.51	20.74
Long-Term Unearned Revenue	5.47	5.92	10.94	14.93	15.2	22.24
Long-Term Deferred Tax Liabilities	-	-	-	-	0	-
Other Long-Term Liabilities	6.91	-	-	2.97	-	-
Total Liabilities	809.48	806.45	953.69	896.13	1,099	847.11
Common Stock	242.38	242.38	244.64	244.64	244.72	174.87
Additional Paid-In Capital	183.78	183.78	192.69	205.24	205.58	265.35
Retained Earnings	-37.65	-38.35	31.2	53.12	45.6	165.48
Treasury Stock	-38.46	-8.45	-18.78	-	-0.42	-14.99
Total Common Equity	350.05	379.36	449.75	503	495.49	590.71
Minority Interest	29.56	29.02	28.94	20.65	12.09	13.06
Shareholders' Equity	379.61	408.38	478.69	523.65	507.57	603.76
Total Liabilities & Equity	1,189	1,215	1,432	1,420	1,607	1,451
Total Debt	464.5	512.3	548.37	540.25	728.66	518.51
Net Cash (Debt)	-302.99	-330.91	-338.73	-331.35	-341.73	-259.11
Net Cash Per Share	-1.22	-1.33	-1.43	-1.32	-1.43	-1.11
Filing Date Shares Outstanding	241.69	242.38	244.64	244.64	244.72	244.82
Total Common Shares Outstanding	241.69	242.38	244.64	244.64	244.72	244.82
Working Capital	-243.28	-253.94	-198.59	-207.37	-313.06	-145.36
Book Value Per Share	1.45	1.57	1.84	2.06	2.02	2.41
Tangible Book Value	283.69	312.53	380.33	430.3	417.93	509.13
Tangible Book Value Per Share	1.17	1.29	1.55	1.76	1.71	2.08
Buildings	-	704.4	705.74	708.1	698.47	644.97
Machinery	-	343.07	351.43	346.02	360.79	335.61
Construction In Progress	-	28.38	31.99	33.7	41.17	53.77

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