Huafu Fashion 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,823	2,496	2,637	2,719	3,373	2,709
Short-Term Investments	-	-	-	1.09	-	-
Trading Asset Securities	839.44	231.19	231.63	608.56	616.73	247.42
Cash & Short-Term Investments	3,663	2,727	2,868	3,329	3,990	2,957
Cash Growth	-8.80%	-4.93%	-13.83%	-16.58%	34.96%	-5.99%
Accounts Receivable	1,428	1,514	1,062	1,015	998.34	786.03
Other Receivables	193.27	303.99	287.75	355.31	377.98	483.16
Receivables	1,621	1,819	1,353	1,375	1,378	1,269
Inventory	3,151	4,762	5,007	5,337	6,561	5,140
Other Current Assets	1,410	862.63	681.78	830.7	914.28	1,170
Total Current Assets	9,844	10,171	9,910	10,871	12,843	10,535
Property, Plant & Equipment	4,794	5,055	5,178	5,416	5,454	5,135
Long-Term Investments	432.21	413.34	403.8	407.23	381.48	248.94
Goodwill	148.45	131.93	151.76	157.49	157.49	9.59
Other Intangible Assets	799.9	878.64	848.65	950.12	939.01	886.34
Long-Term Accounts Receivable	0.34	0.23	-	2.83	3.88	-
Long-Term Deferred Tax Assets	215.81	213.21	184.11	203.01	139.06	163.97
Long-Term Deferred Charges	14.55	11.62	18.21	31.33	42.93	35.83
Other Long-Term Assets	261.7	304.86	346.82	105.77	177.31	595
Total Assets	16,511	17,179	17,041	18,145	20,138	17,610
Accounts Payable	1,193	945.53	957.48	1,006	1,035	856.79
Accrued Expenses	58.42	148.96	176.76	275.19	411.53	286.09
Short-Term Debt	6,529	7,771	7,084	7,672	8,502	8,414
Current Portion of Long-Term Debt	364.86	313.54	404.55	132	223.71	128
Current Portion of Leases	-	4.28	11.28	8.59	10.01	-
Current Income Taxes Payable	46.1	14.02	29.72	35.66	52.37	21.59
Current Unearned Revenue	485.91	565.15	722.72	788.33	1,150	793.74
Other Current Liabilities	209.21	167.98	170.3	171.97	196.07	173.76
Total Current Liabilities	8,886	9,931	9,557	10,090	11,581	10,674
Long-Term Debt	1,032	818.86	726.46	920.04	882.63	814.42
Long-Term Leases	21.13	23.34	15.99	16.67	23.38	-
Long-Term Unearned Revenue	235.5	73.37	35.63	89.44	86.19	92.21
Long-Term Deferred Tax Liabilities	16.88	14.34	13.54	24.88	29.11	32.87
Other Long-Term Liabilities	244.37	244.37	244.37	224.6	7.47	7.32
Total Liabilities	10,436	11,105	10,593	11,365	12,610	11,620
Common Stock	1,701	1,701	1,701	1,701	1,701	1,519
Additional Paid-In Capital	2,738	2,738	2,738	2,741	2,771	2,408
Retained Earnings	1,809	1,756	2,014	1,947	2,590	2,326
Treasury Stock	-300.1	-300.1	-200.07	-46.97	-	-600.01
Comprehensive Income & Other	-187.37	-112.34	-96.15	-48.18	-52.73	-31.96
Total Common Equity	5,760	5,783	6,157	6,293	7,009	5,622
Minority Interest	315.33	291.12	291.95	485.98	519.17	367.5
Shareholders' Equity	6,076	6,074	6,449	6,779	7,528	5,990
Total Liabilities & Equity	16,511	17,179	17,041	18,145	20,138	17,610
Total Debt	7,947	8,931	8,242	8,750	9,642	9,356
Net Cash (Debt)	-4,284	-6,205	-5,374	-5,421	-5,652	-6,399
Net Cash Per Share	-2.36	-3.58	-3.22	-3.25	-3.77	-4.47
Filing Date Shares Outstanding	1,605	1,605	1,640	1,688	1,701	1,426
Total Common Shares Outstanding	1,605	1,605	1,640	1,688	1,701	1,426
Working Capital	958.05	239.96	353.52	781.68	1,262	-138.34
Book Value Per Share	3.59	3.60	3.75	3.73	4.12	3.94
Tangible Book Value	4,812	4,772	5,156	5,186	5,913	4,726
Tangible Book Value Per Share	3.00	2.97	3.14	3.07	3.48	3.31
Buildings	-	3,670	3,377	3,451	3,257	3,337
Machinery	-	5,420	5,258	5,522	5,267	4,879
Construction In Progress	-	324.55	475.06	405.32	428.51	208.2

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