Guangxi Hechi Chemical 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
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
Cash & Equivalents	46.6	89.24	64.63	56.25	35.69	55.12
Trading Asset Securities	-	-	-	-	49.56	29.03
Cash & Short-Term Investments	46.6	89.24	64.63	56.25	85.25	84.16
Cash Growth	-59.98%	38.07%	14.90%	-34.02%	1.30%	99.75%
Accounts Receivable	16.23	30.93	14.83	14.72	30.97	7.62
Other Receivables	0.16	0.16	0.25	0.29	1.18	1.18
Receivables	16.39	31.09	15.08	15.01	32.15	8.79
Inventory	34.4	34.75	20.36	36.73	23.82	26.6
Other Current Assets	14.26	9	8.89	9.08	13.91	7.95
Total Current Assets	111.65	164.07	108.96	117.07	155.13	127.5
Property, Plant & Equipment	134.06	145.83	147.56	142.96	120.42	125.72
Long-Term Investments	5	-	-	-	-	-
Goodwill	-	-	-	-	90.06	90.06
Other Intangible Assets	20.71	22.19	24.16	26.1	28.11	30.01
Long-Term Deferred Tax Assets	0.7	0.85	0.55	0.58	2.69	3
Total Assets	272.12	332.94	281.23	286.71	396.41	376.29
Accounts Payable	18.05	18.07	25.24	22.53	13.63	15.5
Accrued Expenses	3.92	4.43	4.87	4.63	13.54	3.79
Short-Term Debt	53.25	123.38	144.13	140.35	136.58	134.15
Current Income Taxes Payable	3.67	1.56	1.56	0.06	2.45	1.57
Current Unearned Revenue	10.47	5.1	4.11	5.28	14.22	3.87
Other Current Liabilities	1.52	8.45	8.47	8.69	9.87	9.77
Total Current Liabilities	90.89	160.99	188.38	181.55	190.29	168.65
Long-Term Unearned Revenue	8.15	8.38	8.54	8.7	8.85	9.01
Long-Term Deferred Tax Liabilities	1.33	1.7	1.42	2.01	3.13	3.39
Other Long-Term Liabilities	-	-	-	-	-	12.81
Total Liabilities	100.36	171.08	198.33	192.26	202.27	193.87
Common Stock	366.12	366.12	366.12	366.12	366.12	366.12
Additional Paid-In Capital	505.31	505.31	505.31	505.31	505.31	505.31
Retained Earnings	-696.24	-704.17	-783.42	-771.87	-671.43	-681.45
Treasury Stock	-2.24	-2.24	-	-	-	-
Comprehensive Income & Other	-18.81	-19.98	-21.4	-21.72	-22.58	-22.99
Total Common Equity	154.14	145.04	66.6	77.84	177.42	166.99
Minority Interest	17.62	16.82	16.3	16.61	16.72	15.44
Shareholders' Equity	171.76	161.86	82.9	94.45	194.14	182.43
Total Liabilities & Equity	272.12	332.94	281.23	286.71	396.41	376.29
Total Debt	53.25	123.38	144.13	140.35	136.58	134.15
Net Cash (Debt)	-6.65	-34.14	-79.5	-84.1	-51.33	-49.99
Net Cash Per Share	-0.02	-0.09	-0.21	-0.23	-0.15	-0.15
Filing Date Shares Outstanding	365.24	365.24	366.12	366.12	366.12	366.12
Total Common Shares Outstanding	365.24	365.24	366.12	366.12	366.12	366.12
Working Capital	20.76	3.08	-79.41	-64.48	-35.16	-41.15
Book Value Per Share	0.42	0.40	0.18	0.21	0.48	0.46
Tangible Book Value	133.43	122.85	42.44	51.74	59.24	46.92
Tangible Book Value Per Share	0.37	0.34	0.12	0.14	0.16	0.13
Buildings	-	128.48	153.63	140.17	139.42	136.93
Machinery	-	102.03	68.87	6.05	33.82	30.93
Construction In Progress	-	-	-	0.02	-	-

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