Shandong Humon Smelting 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	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	4,049	3,728	4,811	3,903	3,596
Cash & Short-Term Investments	4,049	3,728	4,811	3,903	3,596
Cash Growth	8.63%	-22.52%	23.25%	8.54%	34.12%
Accounts Receivable	149.94	58.39	11.19	262.29	444.63
Other Receivables	2,372	1,167	974.53	1,123	872.74
Receivables	2,522	1,225	985.72	1,385	1,317
Inventory	20,165	10,642	9,309	9,003	8,779
Prepaid Expenses	-	-	-	-	4.2
Other Current Assets	43.36	490.73	164.72	134.01	178.38
Total Current Assets	26,780	16,085	15,271	14,425	13,875
Property, Plant & Equipment	7,700	6,783	5,026	4,180	4,408
Long-Term Investments	851.39	671.44	425.55	381.82	376.92
Other Intangible Assets	684.59	735.6	738.78	668.72	657.14
Long-Term Deferred Tax Assets	100.88	31.18	66.88	76.55	54.47
Long-Term Deferred Charges	0.53	0.71	0.9	1.08	1.27
Other Long-Term Assets	439.94	364.99	372.85	143.47	38.5
Total Assets	36,557	24,673	21,901	19,877	19,412
Accounts Payable	5,085	2,353	1,598	1,748	1,397
Accrued Expenses	516.25	255.18	263.24	189.31	104.85
Short-Term Debt	7,377	3,195	3,637	5,225	8,020
Current Portion of Long-Term Debt	1,392	1,455	625.66	661.86	193.18
Current Portion of Leases	1,877	1,456	96.03	95.63	169.8
Current Income Taxes Payable	64.79	49.64	25.13	6.04	22.05
Current Unearned Revenue	140.87	29.54	27.79	48.59	72.64
Other Current Liabilities	3,017	143.49	347.2	457.33	135.27
Total Current Liabilities	19,471	8,937	6,620	8,432	10,114
Long-Term Debt	3,321	5,605	5,416	2,615	1,015
Long-Term Leases	187.01	11.89	236.23	77.53	-70.86
Long-Term Unearned Revenue	96.91	83.06	61.63	67.99	79.28
Long-Term Deferred Tax Liabilities	17.91	31.24	27.86	40.03	23.5
Other Long-Term Liabilities	304.06	320.69	361.31	451.61	477.83
Total Liabilities	23,397	14,989	12,723	11,684	11,639
Common Stock	1,430	1,148	1,148	1,148	1,148
Additional Paid-In Capital	6,350	3,216	3,019	3,019	3,019
Retained Earnings	5,468	4,993	4,587	4,072	3,618
Comprehensive Income & Other	45.06	445.76	523.36	26.2	26.2
Total Common Equity	13,293	9,802	9,278	8,265	7,812
Minority Interest	-134.17	-119.15	-100.43	-72.12	-38.4
Shareholders' Equity	13,159	9,683	9,178	8,193	7,773
Total Liabilities & Equity	36,557	24,673	21,901	19,877	19,412
Total Debt	14,154	11,724	10,011	8,675	9,326
Net Cash (Debt)	-10,105	-7,996	-5,200	-4,772	-5,730
Net Cash Per Share	-7.92	-6.09	-4.13	-4.11	-5.04
Filing Date Shares Outstanding	1,430	1,148	1,148	1,148	1,148
Total Common Shares Outstanding	1,430	1,148	1,148	1,148	1,148
Working Capital	7,309	7,148	8,650	5,993	3,761
Book Value Per Share	9.30	8.54	8.08	7.20	6.80
Tangible Book Value	12,609	9,067	8,539	7,596	7,155
Tangible Book Value Per Share	8.82	7.90	7.44	6.62	6.23
Buildings	5,051	4,368	3,849	3,755	3,689
Machinery	6,015	4,700	4,011	3,928	3,954
Construction In Progress	1,620	2,230	1,278	222.47	279.62

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