Hunan Valin Wire & Cable Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,121	674.98	568.65	477.72	515.87
Short-Term Investments	325.2	451.5	-	-	-
Trading Asset Securities	202.06	-	-	-	200
Cash & Short-Term Investments	1,648	1,126	568.65	477.72	715.87
Cash Growth	46.30%	98.10%	19.04%	-33.27%	80.09%
Accounts Receivable	2,212	1,969	1,612	1,377	1,129
Other Receivables	36.68	57.11	38.16	310.52	36.62
Receivables	2,249	2,026	1,650	1,688	1,166
Inventory	710.64	492.06	442.16	415.95	354.66
Other Current Assets	51.45	24.77	6.67	85.85	16.74
Total Current Assets	4,659	3,669	2,668	2,667	2,253
Property, Plant & Equipment	551.32	391.88	340.18	291.52	221.38
Long-Term Investments	26.99	26.69	22.14	20.35	-
Goodwill	95.15	-	-	-	-
Other Intangible Assets	76.52	55.21	57.39	50.12	51.2
Long-Term Accounts Receivable	137.87	125.79	94.8	76.69	42.58
Long-Term Deferred Tax Assets	45.56	41.67	33.28	30.5	26.45
Long-Term Deferred Charges	0.27	-	-	-	-
Other Long-Term Assets	882.67	332.09	761.74	435.04	23.59
Total Assets	6,476	4,642	3,977	3,572	2,619
Accounts Payable	2,190	1,381	923.63	562.92	235.07
Accrued Expenses	185.51	176.24	164.96	161.08	146.74
Short-Term Debt	328.83	512.8	680.06	534.54	529.59
Current Portion of Long-Term Debt	199.64	114.82	3.4	-	23.03
Current Portion of Leases	1.95	0.93	0.68	0.93	0.48
Current Income Taxes Payable	6.89	11.45	8.46	6.34	12.56
Current Unearned Revenue	20.23	25.78	15.71	26.81	17.21
Other Current Liabilities	530.91	450.6	249.77	776.79	172.44
Total Current Liabilities	3,464	2,674	2,047	2,069	1,137
Long-Term Debt	25.5	339.22	375.03	10.01	76.09
Long-Term Leases	2.76	0.48	-	0.48	-
Long-Term Unearned Revenue	14.63	1.83	0.5	0.6	-
Long-Term Deferred Tax Liabilities	5.39	0.03	0.52	1.63	-
Other Long-Term Liabilities	5.98	9.87	13.53	7.66	20.4
Total Liabilities	3,518	3,025	2,436	2,090	1,234
Common Stock	638.35	534.42	534.42	534.42	534.42
Additional Paid-In Capital	1,533	425.66	425.66	425.66	425.66
Retained Earnings	738.54	660.79	578.45	518.67	424.9
Comprehensive Income & Other	8.65	-3.52	2.59	3.12	-0.06
Total Common Equity	2,918	1,617	1,541	1,482	1,385
Minority Interest	39.36	-	-	-	-
Shareholders' Equity	2,958	1,617	1,541	1,482	1,385
Total Liabilities & Equity	6,476	4,642	3,977	3,572	2,619
Total Debt	558.69	968.26	1,059	545.96	629.19
Net Cash (Debt)	1,089	158.23	-490.52	-68.24	86.69
Net Cash Growth	588.49%	-	-	-	136.20%
Net Cash Per Share	1.98	0.29	-0.91	-0.13	0.19
Filing Date Shares Outstanding	638.35	534.42	534.42	534.42	534.42
Total Common Shares Outstanding	638.35	534.42	534.42	534.42	534.42
Working Capital	1,196	995.44	621.19	598.04	1,116
Book Value Per Share	4.57	3.03	2.88	2.77	2.59
Tangible Book Value	2,747	1,562	1,484	1,432	1,334
Tangible Book Value Per Share	4.30	2.92	2.78	2.68	2.50
Buildings	275.46	239.33	168.78	139.47	108.75
Machinery	443.04	386.49	318.29	285.06	235.7
Construction In Progress	136.28	26.14	83.24	57.25	40.19

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.