HUNAN RESUN 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	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	420.6	586.97	662.54	511.84	923.82	782.19
Short-Term Investments	-	0.72	0.45	5.43	-	-
Trading Asset Securities	292.99	172.1	80.25	-	-	50
Cash & Short-Term Investments	713.58	759.79	743.24	517.27	923.82	832.19
Cash Growth	13.62%	2.23%	43.69%	-44.01%	11.01%	347.21%
Accounts Receivable	546.21	551.71	402.44	381.69	416.65	387.02
Other Receivables	19.23	45	26.65	29.22	29.61	8.57
Receivables	565.44	596.71	429.09	410.91	446.26	395.59
Inventory	501.78	451.32	446.97	395.75	335.78	310.04
Other Current Assets	192.25	77.83	74.87	72.11	59.46	19.33
Total Current Assets	1,973	1,886	1,694	1,396	1,765	1,557
Property, Plant & Equipment	808.35	823.15	828.03	787.88	645.15	650.68
Long-Term Investments	0.41	0.8	-	-	-	-
Other Intangible Assets	158.68	159.81	162.89	166.46	170.66	74.98
Long-Term Deferred Tax Assets	12.42	11.86	44.79	41.21	44.23	24.65
Long-Term Deferred Charges	0.07	0.13	0.05	0.32	0.6	0.88
Other Long-Term Assets	264.76	239.15	133.98	320.97	54.93	135.5
Total Assets	3,218	3,121	2,864	2,713	2,681	2,444
Accounts Payable	557.31	610.76	445.19	356.72	465.24	294.75
Accrued Expenses	12.91	29.34	26.24	28.07	24.67	21.71
Current Portion of Leases	-	0.55	0.84	0.81	1.55	-
Current Income Taxes Payable	13	3.1	4.41	3.32	3.1	4.57
Current Unearned Revenue	125.39	61.34	45.8	34.16	31.2	20.06
Other Current Liabilities	34.07	21.53	46.37	70.18	8.79	6.73
Total Current Liabilities	743.4	726.61	568.86	493.26	534.54	347.81
Long-Term Leases	0.9	0.93	1.72	0.09	0.6	-
Long-Term Unearned Revenue	41.13	42.24	45.26	45.76	48.34	50.26
Long-Term Deferred Tax Liabilities	10.57	10.21	42.59	34.36	35.66	24.82
Total Liabilities	796	779.98	658.43	573.47	619.13	422.89
Common Stock	130.18	130.18	130.18	131.66	125.99	90
Additional Paid-In Capital	1,322	1,320	1,307	1,293	1,218	1,254
Retained Earnings	971.62	894.44	799.35	775.81	715.69	676.74
Treasury Stock	-12.55	-12.55	-32.9	-62.56	-	-
Comprehensive Income & Other	10.42	8.48	1.7	1.11	2.17	0.27
Shareholders' Equity	2,422	2,341	2,205	2,139	2,062	2,021
Total Liabilities & Equity	3,218	3,121	2,864	2,713	2,681	2,444
Total Debt	1.64	1.48	2.56	0.9	2.15	-
Net Cash (Debt)	711.95	758.31	740.67	516.37	921.67	832.19
Net Cash Growth	13.78%	2.38%	43.44%	-43.97%	10.75%	-
Net Cash Per Share	5.59	5.92	5.62	4.08	7.30	8.14
Filing Date Shares Outstanding	128.63	130.18	130.18	125.73	125.99	125.99
Total Common Shares Outstanding	128.63	130.18	130.18	125.73	125.99	125.99
Working Capital	1,230	1,159	1,125	902.78	1,231	1,209
Book Value Per Share	18.83	17.98	16.94	17.02	16.36	16.04
Tangible Book Value	2,263	2,181	2,043	1,973	1,891	1,946
Tangible Book Value Per Share	17.59	16.75	15.69	15.69	15.01	15.44
Buildings	-	664.76	588.41	491.51	492.32	496.57
Machinery	-	749.33	654.98	516.89	515.93	474.72
Construction In Progress	-	1.61	91.41	220.21	25.92	12.13

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