Hangzhou Flariant Co.,Ltd 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	Sep '26 Sep 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	1,539	1,288	1,376	1,316	1,101	609.52
Short-Term Investments	-	-	-	7.08	-	-
Trading Asset Securities	10	30	-	-	-	461.2
Cash & Short-Term Investments	1,549	1,318	1,376	1,324	1,101	1,071
Cash Growth	11.45%	-4.28%	4.00%	20.23%	2.82%	1172.77%
Accounts Receivable	356.12	275.35	338.08	442.76	324.22	464.59
Other Receivables	0.44	18.76	19.54	18.31	28.81	9.88
Receivables	356.56	294.1	357.62	461.08	353.03	474.47
Inventory	325.32	315.73	275.92	380.3	482.79	304.77
Other Current Assets	26.42	3.87	3.68	1.78	20.64	1.34
Total Current Assets	2,258	1,931	2,014	2,167	1,957	1,851
Property, Plant & Equipment	302.46	306.9	349.3	435.55	420.53	379.21
Long-Term Investments	100.38	66.61	-	-	-	-
Goodwill	25.08	25.08	29.27	33.34	37.57	53.93
Other Intangible Assets	154.22	148.93	150.56	155.38	160.41	153.1
Long-Term Deferred Tax Assets	10.24	5	1.82	3.73	3.59	2.92
Long-Term Deferred Charges	-	-	7.05	1.69	1.92	2.15
Other Long-Term Assets	10	0.67	2.74	8.88	3.81	1.86
Total Assets	2,860	2,484	2,554	2,805	2,585	2,444

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	188.04	142.52	157.33	289.84	311.69	327.4
Accrued Expenses	9.61	20.11	17.9	15.98	14.98	27.29
Short-Term Debt	520.5	275	349	381	159.8	-
Current Portion of Long-Term Debt	3.61	-	-	10.51	10.51	20.02
Current Portion of Leases	-	0.11	2.4	5.92	3.75	0.49
Current Income Taxes Payable	22.76	6	6.4	5.86	5.12	23.3
Current Unearned Revenue	0.5	0.89	1.2	1.48	2.02	1.01
Other Current Liabilities	16.63	25.46	2.03	1.87	20.14	2.19
Total Current Liabilities	761.65	470.09	536.26	712.47	528	401.7
Long-Term Debt	-	-	-	10.51	21.02	-
Long-Term Leases	3.73	0.12	6.91	36.35	30.76	0.94
Long-Term Unearned Revenue	9.34	10.76	12.32	6.19	2.01	-
Long-Term Deferred Tax Liabilities	1.69	8.55	8.38	8.14	8.51	3.23
Other Long-Term Liabilities	0.02	-	1.15	-	-	-
Total Liabilities	776.43	489.52	565.02	773.66	590.31	405.87

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	133.34	133.34	133.34	133.34	133.34	133.34
Additional Paid-In Capital	1,386	1,376	1,380	1,380	1,387	1,387
Retained Earnings	582.68	512.55	480.95	474.93	450.83	506.99
Treasury Stock	-24.95	-33.47	-24.53	-	-	-
Comprehensive Income & Other	15.15	15.72	18.36	17.87	15.54	11.66
Total Common Equity	2,092	2,004	1,988	2,006	1,986	2,039
Minority Interest	-8.12	-8.85	1.2	25.4	8.55	-
Shareholders' Equity	2,084	1,995	1,989	2,032	1,995	2,039
Total Liabilities & Equity	2,860	2,484	2,554	2,805	2,585	2,444

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	527.84	275.23	358.31	444.29	225.84	21.45
Net Cash (Debt)	1,022	1,042	1,018	879.26	875.04	1,049
Net Cash Growth	-6.21%	2.38%	15.80%	0.48%	-16.60%	-
Net Cash Per Share	7.84	7.90	7.86	6.72	6.59	9.94
Filing Date Shares Outstanding	129.72	132.61	130.33	133.34	133.34	133.34
Total Common Shares Outstanding	129.72	132.61	131.79	133.34	133.34	133.34
Working Capital	1,496	1,461	1,477	1,454	1,429	1,450
Book Value Per Share	16.13	15.11	15.09	15.05	14.90	15.29
Tangible Book Value	1,912	1,830	1,808	1,818	1,788	1,832
Tangible Book Value Per Share	14.74	13.80	13.72	13.63	13.41	13.74
Buildings	-	205.35	206.82	205.36	171.2	171.03
Machinery	-	370.16	335.97	373.36	350.38	286.99
Construction In Progress	-	31.3	82.44	76.6	84.42	98.65