Jiangsu Huachang Chemical 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	350.98	254.41	313.73	575.12	412.91	325.59
Short-Term Investments	-	-	-	200	300	100
Trading Asset Securities	41.27	131.2	136.83	232.71	264.49	324.79
Cash & Short-Term Investments	392.26	385.6	450.55	1,008	977.4	750.38
Cash Growth	-23.21%	-14.42%	-55.30%	3.11%	30.25%	-6.49%
Accounts Receivable	867.95	841.52	998.7	1,266	1,102	1,301
Other Receivables	11.89	11.47	7.29	6.71	5.27	15.48
Receivables	879.84	854.47	1,549	1,625	1,358	1,375
Inventory	705.15	657.44	658.96	661.26	826.54	782.08
Other Current Assets	347.38	211.92	172.51	138.75	207.51	154.7
Total Current Assets	2,325	2,109	2,831	3,433	3,370	3,062
Property, Plant & Equipment	4,401	4,474	4,294	4,213	4,216	4,428
Long-Term Investments	423.44	423.56	437.7	448.86	421.83	399.83
Other Intangible Assets	466.23	472.92	161.23	168.9	179.14	189.58
Long-Term Deferred Tax Assets	165.8	160.94	46.77	39.82	47.87	24.29
Long-Term Deferred Charges	29.69	32.98	12.93	28.54	37.85	21.25
Other Long-Term Assets	-	9.41	9.9	-	38.56	2.3
Total Assets	7,811	7,684	7,794	8,332	8,311	8,127
Accounts Payable	684.57	856.5	543.55	701.88	924.05	711.83
Accrued Expenses	43.12	129.3	149.82	198.32	101.77	226.13
Short-Term Debt	429.32	304.59	85.01	282.98	439.92	982.43
Current Portion of Long-Term Debt	32.57	24.95	-	64.04	83.74	67.67
Current Income Taxes Payable	19.59	3.51	27.49	103.07	48.1	70.42
Current Unearned Revenue	386.39	267.51	305.26	317.34	428.11	438.55
Other Current Liabilities	806.62	728.32	874.87	1,094	1,089	1,146
Total Current Liabilities	2,402	2,315	1,986	2,762	3,115	3,643
Long-Term Debt	43.48	88.2	24.22	16.02	86.56	98.22
Long-Term Unearned Revenue	-	-	1.68	6.73	11.77	16.82
Long-Term Deferred Tax Liabilities	4.3	4.3	0.66	1.93	6.14	1.09
Total Liabilities	2,485	2,407	2,013	2,786	3,220	3,759
Common Stock	952.36	952.36	952.36	952.36	952.36	952.36
Additional Paid-In Capital	1,309	1,309	1,309	1,299	1,259	1,239
Retained Earnings	3,000	2,951	3,441	3,206	2,762	2,175
Treasury Stock	-	-	-	-	-	-62.69
Comprehensive Income & Other	16.81	16.81	23.2	23.04	20.94	9.5
Total Common Equity	5,278	5,229	5,726	5,480	4,993	4,313
Minority Interest	49.07	47.28	55.79	66.18	97.86	54.77
Shareholders' Equity	5,327	5,276	5,781	5,546	5,091	4,368
Total Liabilities & Equity	7,811	7,684	7,794	8,332	8,311	8,127
Total Debt	505.37	417.74	109.23	363.04	610.22	1,148
Net Cash (Debt)	-113.12	-32.14	341.32	644.8	367.18	-397.95
Net Cash Growth	-	-	-47.07%	75.61%	-	-
Net Cash Per Share	-0.12	-0.03	0.36	0.68	0.39	-0.42
Filing Date Shares Outstanding	953.24	952.36	952.36	952.36	952.36	942.46
Total Common Shares Outstanding	953.24	952.36	952.36	952.36	952.36	942.46
Working Capital	-77.55	-205.24	845.03	671.6	254.44	-581.21
Book Value Per Share	5.54	5.49	6.01	5.75	5.24	4.58
Tangible Book Value	4,811	4,756	5,564	5,311	4,814	4,123
Tangible Book Value Per Share	5.05	4.99	5.84	5.58	5.06	4.38
Buildings	-	1,935	1,801	1,797	1,721	1,657
Machinery	-	6,529	6,069	6,053	5,696	5,365
Construction In Progress	-	876.75	907.65	445.65	536.42	949.24

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