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	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	1,382	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	1,392	1,318	1,376	1,324	1,101	1,071
Cash Growth	4.94%	-4.28%	4.00%	20.23%	2.82%	1172.77%
Accounts Receivable	318.68	275.35	338.08	442.76	324.22	464.59
Other Receivables	20.19	18.76	19.54	18.31	28.81	9.88
Receivables	338.88	294.1	357.62	461.08	353.03	474.47
Inventory	332.07	315.73	275.92	380.3	482.79	304.77
Other Current Assets	8.36	3.87	3.68	1.78	20.64	1.34
Total Current Assets	2,071	1,931	2,014	2,167	1,957	1,851
Property, Plant & Equipment	307.12	306.9	349.3	435.55	420.53	379.21
Long-Term Investments	97.87	66.61	-	-	-	-
Goodwill	25.08	25.08	29.27	33.34	37.57	53.93
Other Intangible Assets	154	148.93	150.56	155.38	160.41	153.1
Long-Term Deferred Tax Assets	9.88	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	0.29	0.67	2.74	8.88	3.81	1.86
Total Assets	2,665	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	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	196.8	142.52	157.33	289.84	311.69	327.4
Accrued Expenses	12.8	20.11	17.9	15.98	14.98	27.29
Short-Term Debt	356	275	349	381	159.8	-
Current Portion of Long-Term Debt	-	-	-	10.51	10.51	20.02
Current Portion of Leases	2.52	0.11	2.4	5.92	3.75	0.49
Current Income Taxes Payable	12.27	6	6.4	5.86	5.12	23.3
Current Unearned Revenue	0.55	0.89	1.2	1.48	2.02	1.01
Other Current Liabilities	14.75	25.46	2.03	1.87	20.14	2.19
Total Current Liabilities	595.87	470.09	536.26	712.47	528	401.7
Long-Term Debt	-	-	-	10.51	21.02	-
Long-Term Leases	2.69	0.12	6.91	36.35	30.76	0.94
Long-Term Unearned Revenue	9.77	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	-	-	1.15	-	-	-
Total Liabilities	610.01	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	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	133.34	133.34	133.34	133.34	133.34	133.34
Additional Paid-In Capital	1,385	1,376	1,380	1,380	1,387	1,387
Retained Earnings	552.66	512.55	480.95	474.93	450.83	506.99
Treasury Stock	-24.95	-33.47	-24.53	-	-	-
Comprehensive Income & Other	15.18	15.72	18.36	17.87	15.54	11.66
Total Common Equity	2,061	2,004	1,988	2,006	1,986	2,039
Minority Interest	-5.79	-8.85	1.2	25.4	8.55	-
Shareholders' Equity	2,055	1,995	1,989	2,032	1,995	2,039
Total Liabilities & Equity	2,665	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	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	361.21	275.23	358.31	444.29	225.84	21.45
Net Cash (Debt)	1,030	1,042	1,018	879.26	875.04	1,049
Net Cash Growth	-4.19%	2.38%	15.80%	0.48%	-16.60%	-
Net Cash Per Share	7.83	7.90	7.86	6.72	6.59	9.94
Filing Date Shares Outstanding	132.61	132.61	130.33	133.34	133.34	133.34
Total Common Shares Outstanding	132.61	132.61	131.79	133.34	133.34	133.34
Working Capital	1,475	1,461	1,477	1,454	1,429	1,450
Book Value Per Share	15.54	15.11	15.09	15.05	14.90	15.29
Tangible Book Value	1,882	1,830	1,808	1,818	1,788	1,832
Tangible Book Value Per Share	14.19	13.80	13.72	13.63	13.41	13.74
Buildings	205.35	205.35	206.82	205.36	171.2	171.03
Machinery	384.38	370.16	335.97	373.36	350.38	286.99
Construction In Progress	25.76	31.3	82.44	76.6	84.42	98.65