Hunan Valin Wire & Cable 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	638.4	1,121	674.98	568.65	477.72	515.87
Short-Term Investments	-	325.2	451.5	-	-	-
Trading Asset Securities	407.12	202.06	-	-	-	200
Cash & Short-Term Investments	1,046	1,648	1,126	568.65	477.72	715.87
Cash Growth	0.84%	46.30%	98.10%	19.04%	-33.27%	80.09%
Accounts Receivable	2,446	2,212	1,969	1,612	1,377	1,129
Other Receivables	64.2	36.68	57.11	38.16	310.52	36.62
Receivables	2,510	2,249	2,026	1,650	1,688	1,166
Inventory	990.93	710.64	492.06	442.16	415.95	354.66
Other Current Assets	464.92	51.45	24.77	6.67	85.85	16.74
Total Current Assets	5,012	4,659	3,669	2,668	2,667	2,253
Property, Plant & Equipment	618.59	551.32	391.88	340.18	291.52	221.38
Long-Term Investments	26.87	26.99	26.69	22.14	20.35	-
Goodwill	95.15	95.15	-	-	-	-
Other Intangible Assets	74.23	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	51.52	45.56	41.67	33.28	30.5	26.45
Long-Term Deferred Charges	0.25	0.27	-	-	-	-
Other Long-Term Assets	1,031	882.67	332.09	761.74	435.04	23.59
Total Assets	6,909	6,476	4,642	3,977	3,572	2,619
Accounts Payable	2,610	2,190	1,381	923.63	562.92	235.07
Accrued Expenses	7.22	185.51	176.24	164.96	161.08	146.74
Short-Term Debt	301.17	328.83	512.8	680.06	534.54	529.59
Current Portion of Long-Term Debt	151.92	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	11.62	6.89	11.45	8.46	6.34	12.56
Current Unearned Revenue	27.22	20.23	25.78	15.71	26.81	17.21
Other Current Liabilities	731.44	530.91	450.6	249.77	776.79	172.44
Total Current Liabilities	3,841	3,464	2,674	2,047	2,069	1,137
Long-Term Debt	27.77	25.5	339.22	375.03	10.01	76.09
Long-Term Leases	2.76	2.76	0.48	-	0.48	-
Long-Term Unearned Revenue	45.5	14.63	1.83	0.5	0.6	-
Long-Term Deferred Tax Liabilities	4.32	5.39	0.03	0.52	1.63	-
Other Long-Term Liabilities	5.01	5.98	9.87	13.53	7.66	20.4
Total Liabilities	3,926	3,518	3,025	2,436	2,090	1,234
Common Stock	638.35	638.35	534.42	534.42	534.42	534.42
Additional Paid-In Capital	1,533	1,533	425.66	425.66	425.66	425.66
Retained Earnings	768.98	738.54	660.79	578.45	518.67	424.9
Comprehensive Income & Other	0.84	8.65	-3.52	2.59	3.12	-0.06
Total Common Equity	2,941	2,918	1,617	1,541	1,482	1,385
Minority Interest	41.62	39.36	-	-	-	-
Shareholders' Equity	2,983	2,958	1,617	1,541	1,482	1,385
Total Liabilities & Equity	6,909	6,476	4,642	3,977	3,572	2,619
Total Debt	483.62	558.69	968.26	1,059	545.96	629.19
Net Cash (Debt)	561.9	1,089	158.23	-490.52	-68.24	86.69
Net Cash Growth	2696.78%	588.49%	-	-	-	136.20%
Net Cash Per Share	0.99	1.98	0.29	-0.91	-0.13	0.19
Filing Date Shares Outstanding	608.89	638.35	534.42	534.42	534.42	534.42
Total Common Shares Outstanding	608.89	638.35	534.42	534.42	534.42	534.42
Working Capital	1,171	1,196	995.44	621.19	598.04	1,116
Book Value Per Share	4.83	4.57	3.03	2.88	2.77	2.59
Tangible Book Value	2,772	2,747	1,562	1,484	1,432	1,334
Tangible Book Value Per Share	4.55	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

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