Shandong Haihua Co.,Ltd 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	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	1,510	2,217	956.12	1,291	1,413	355.96	Upgrade
Trading Asset Securities	-	200.22	-	60.33	-	-	Upgrade
Cash & Short-Term Investments	1,510	2,417	956.12	1,352	1,413	355.96	Upgrade
Cash Growth	-17.14%	152.80%	-29.27%	-4.32%	296.92%	-60.72%	Upgrade
Accounts Receivable	1,044	1,480	3,238	2,107	1,160	989.54	Upgrade
Other Receivables	412.55	214.22	90.05	33.77	14.43	10.98	Upgrade
Receivables	1,457	1,694	3,328	2,141	1,175	1,001	Upgrade
Inventory	269.12	569.28	271.91	401.68	723.77	503.23	Upgrade
Other Current Assets	26.88	129.16	11.06	36.55	219.73	26.09	Upgrade
Total Current Assets	3,263	4,810	4,567	3,931	3,531	1,886	Upgrade
Property, Plant & Equipment	2,901	2,919	2,809	2,642	2,452	2,121	Upgrade
Long-Term Investments	100.75	244.3	241.3	56.73	54.78	56.9	Upgrade
Other Intangible Assets	212.97	111.11	104.77	114.18	101.81	88.5	Upgrade
Long-Term Deferred Tax Assets	296.59	160.49	115.38	86.85	84.07	145.59	Upgrade
Long-Term Deferred Charges	0.27	0.43	0.65	3.16	8.18	5.19	Upgrade
Other Long-Term Assets	2,508	332.97	212.63	90.69	10.13	3.14	Upgrade
Total Assets	9,283	8,578	8,052	6,924	6,242	4,306	Upgrade
Accounts Payable	1,986	2,255	1,686	1,926	1,509	743.62	Upgrade
Accrued Expenses	303.49	325.85	327.3	259.47	141.57	159.73	Upgrade
Short-Term Debt	980.45	-	-	-	80	-	Upgrade
Current Portion of Long-Term Debt	183.4	29.02	-	-	-	-	Upgrade
Current Portion of Leases	-	10.48	4.25	2.11	3.35	-	Upgrade
Current Income Taxes Payable	39.05	7.02	97.41	25.24	60.52	0.02	Upgrade
Current Unearned Revenue	108.08	92.52	138.36	246.22	286.01	195.57	Upgrade
Other Current Liabilities	104.99	92.53	114.02	125.8	117.97	86.99	Upgrade
Total Current Liabilities	3,706	2,813	2,367	2,585	2,199	1,186	Upgrade
Long-Term Debt	396.18	216.44	189.12	-	-	-	Upgrade
Long-Term Leases	237.21	220.63	200.55	98.52	14	-	Upgrade
Long-Term Unearned Revenue	28.37	17.58	21.58	21.34	28.22	32.48	Upgrade
Long-Term Deferred Tax Liabilities	57.44	71.25	50.34	24.9	-	-	Upgrade
Other Long-Term Liabilities	79.3	58.56	61.53	67.69	62.36	74.64	Upgrade
Total Liabilities	4,504	3,397	2,890	2,798	2,303	1,293	Upgrade
Common Stock	895.09	895.09	895.09	895.09	895.09	895.09	Upgrade
Additional Paid-In Capital	1,148	1,147	1,095	1,028	1,682	1,525	Upgrade
Retained Earnings	2,750	3,147	3,197	2,242	1,400	633.18	Upgrade
Comprehensive Income & Other	3.4	10.36	-7.86	-10.19	-9.94	-10.25	Upgrade
Total Common Equity	4,797	5,199	5,179	4,155	3,967	3,043	Upgrade
Minority Interest	-18.36	-18.36	-18.36	-28.32	-28.87	-29.58	Upgrade
Shareholders' Equity	4,779	5,181	5,161	4,127	3,938	3,013	Upgrade
Total Liabilities & Equity	9,283	8,578	8,052	6,924	6,242	4,306	Upgrade
Total Debt	1,797	476.57	393.91	100.63	97.35	-	Upgrade
Net Cash (Debt)	-287.45	1,941	562.21	1,251	1,316	355.96	Upgrade
Net Cash Growth	-	245.16%	-55.06%	-4.89%	269.57%	-60.72%	Upgrade
Net Cash Per Share	-0.29	1.98	0.63	1.40	1.47	0.40	Upgrade
Filing Date Shares Outstanding	895.09	895.09	895.09	895.09	895.09	895.09	Upgrade
Total Common Shares Outstanding	895.09	895.09	895.09	895.09	895.09	895.09	Upgrade
Working Capital	-443.23	1,997	2,200	1,346	1,332	699.86	Upgrade
Book Value Per Share	5.36	5.81	5.79	4.64	4.43	3.40	Upgrade
Tangible Book Value	4,584	5,088	5,075	4,041	3,865	2,954	Upgrade
Tangible Book Value Per Share	5.12	5.68	5.67	4.51	4.32	3.30	Upgrade
Buildings	-	2,443	2,316	2,313	2,154	1,900	Upgrade
Machinery	-	5,092	4,656	4,917	5,016	4,216	Upgrade
Construction In Progress	-	34.61	253.27	151.11	112.41	34.54	Upgrade

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