Hunan Valin Steel 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	12,726	10,272	11,056	5,616	11,159	7,706
Short-Term Investments	-	20,062	16,197	19,290	9,683	992.58
Trading Asset Securities	1,535	1,530	2,392	1,804	1,458	2,382
Cash & Short-Term Investments	14,261	31,864	29,645	26,710	22,301	11,080
Cash Growth	20.99%	7.49%	10.99%	19.77%	101.26%	7.77%
Accounts Receivable	11,835	7,373	9,494	13,248	13,048	14,729
Other Receivables	148.57	36.8	37.77	98.64	117.35	292.58
Receivables	12,591	15,021	18,075	19,115	18,662	23,343
Inventory	12,704	11,859	12,020	14,554	12,262	11,366
Prepaid Expenses	-	127.4	327.75	400.55	163.06	32.95
Other Current Assets	31,981	5,514	5,114	5,869	4,947	4,219
Total Current Assets	71,537	64,386	65,181	66,648	58,334	50,041
Property, Plant & Equipment	67,545	67,107	62,870	58,953	55,756	50,951
Long-Term Investments	1,854	11,398	14,241	1,578	814.74	630.2
Other Intangible Assets	5,402	5,444	5,573	5,729	4,551	4,498
Long-Term Deferred Tax Assets	134.01	131.04	162.44	134.14	129.08	156.75
Long-Term Deferred Charges	-	-	0.63	11.04	6.3	18.7
Other Long-Term Assets	8,194	74.11	77.46	78.63	97.74	263.73
Total Assets	154,667	148,540	148,106	133,133	119,690	106,559
Accounts Payable	47,422	41,748	36,392	26,307	26,416	18,310
Accrued Expenses	932.8	5,375	5,349	5,493	5,304	1,916
Short-Term Debt	7,501	7,513	9,852	4,947	5,908	9,384
Current Portion of Long-Term Debt	4,646	4,977	5,338	2,635	643.38	3,928
Current Portion of Leases	-	1.07	7.4	9.93	3.79	8.67
Current Income Taxes Payable	263.91	119.36	184.23	205.42	235.13	405.69
Current Unearned Revenue	5,015	4,930	5,369	6,020	5,509	5,962
Other Current Liabilities	10,550	6,017	7,862	6,255	5,978	13,715
Total Current Liabilities	76,330	70,680	70,353	51,872	49,997	53,629
Long-Term Debt	6,913	6,757	10,851	15,574	10,913	1,123
Long-Term Leases	23.99	6.19	7.26	16.79	12.82	3.83
Long-Term Unearned Revenue	1,794	1,745	1,466	989.49	744.66	588.94
Pension & Post-Retirement Benefits	145.46	145.46	215.26	255.44	310.31	361.48
Long-Term Deferred Tax Liabilities	59.31	74.53	65.99	79.7	116.36	3.41
Other Long-Term Liabilities	3.28	3.28	3.35	3.2	3.2	0.11
Total Liabilities	85,269	79,411	82,962	68,791	62,097	55,709
Common Stock	6,853	6,909	6,909	6,909	6,909	6,909
Additional Paid-In Capital	13,682	13,904	13,907	13,907	13,979	13,836
Retained Earnings	35,150	34,848	32,881	32,438	29,018	24,643
Treasury Stock	-	-209.17	-	-	-	-
Comprehensive Income & Other	155.51	247.65	-41.01	5.78	33.72	22.43
Total Common Equity	55,840	55,699	53,656	53,260	49,939	45,410
Minority Interest	13,557	13,430	11,488	11,082	7,653	5,441
Shareholders' Equity	69,397	69,129	65,143	64,341	57,592	50,850
Total Liabilities & Equity	154,667	148,540	148,106	133,133	119,690	106,559
Total Debt	19,083	19,254	26,056	23,184	17,480	14,447
Net Cash (Debt)	-4,822	12,610	3,589	3,526	4,820	-3,367
Net Cash Growth	-	251.36%	1.77%	-26.85%	-	-
Net Cash Per Share	-0.70	1.83	0.52	0.51	0.70	-0.52
Filing Date Shares Outstanding	6,853	6,853	6,906	6,909	6,909	6,909
Total Common Shares Outstanding	6,853	6,865	6,909	6,909	6,909	6,909
Working Capital	-4,793	-6,295	-5,173	14,776	8,337	-3,587
Book Value Per Share	8.15	8.11	7.77	7.71	7.23	6.57
Tangible Book Value	50,438	50,255	48,083	47,530	45,388	40,912
Tangible Book Value Per Share	7.36	7.32	6.96	6.88	6.57	5.92
Buildings	-	30,261	28,112	26,802	24,226	23,330
Machinery	-	92,155	85,551	82,415	77,833	70,602
Construction In Progress	-	7,197	8,188	5,391	6,248	7,407

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