Huasi Holding Company 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	210.33	170.3	158.13	164.72	187.24
Short-Term Investments	-	94	-	9	-
Trading Asset Securities	-	-	-	-	8
Cash & Short-Term Investments	210.33	264.3	158.13	173.72	195.24
Cash Growth	-20.42%	67.14%	-8.97%	-11.02%	-47.85%
Accounts Receivable	36.63	44.49	51.89	37.51	54.33
Other Receivables	0.71	1.36	5.16	3.5	6.56
Receivables	37.34	45.85	57.05	41.01	60.89
Inventory	379.42	436.69	362.68	283.58	507.73
Prepaid Expenses	2.55	2.63	2.77	26.19	15.78
Other Current Assets	33.43	26.24	32.67	25.51	33.12
Total Current Assets	663.07	775.72	613.31	550.01	812.77
Property, Plant & Equipment	224.78	257.2	297.59	431.57	423.15
Long-Term Investments	20.26	-	88	2.28	2.28
Other Intangible Assets	22.89	23.74	43.53	51.75	53.23
Long-Term Deferred Tax Assets	19.62	25.04	32.21	33.76	42.01
Long-Term Deferred Charges	14.68	17.93	5.18	2.85	1.73
Other Long-Term Assets	494.77	519.71	586.93	578.74	576.96
Total Assets	1,460	1,619	1,667	1,651	1,912
Accounts Payable	71.58	73.6	68.15	44.62	42.23
Accrued Expenses	20.1	14.64	13.61	10.53	7.11
Short-Term Debt	33.71	213.91	173.95	134.97	38.65
Current Portion of Leases	3.33	4.07	1.79	0.34	1.21
Current Income Taxes Payable	1.21	1.22	1.22	1.22	1.22
Current Unearned Revenue	32.94	33.37	19.14	15.05	22.5
Other Current Liabilities	28.51	38.87	166.01	210.94	238.36
Total Current Liabilities	191.38	379.68	443.86	417.66	351.28
Long-Term Debt	5.5	-	-	-	-
Long-Term Leases	10.89	10.91	1.86	-	0.33
Long-Term Unearned Revenue	14.85	9.63	11.1	10.01	11.17
Long-Term Deferred Tax Liabilities	3.35	5.3	1.85	0.56	0.75
Other Long-Term Liabilities	5.89	5.5	5.27	5.27	4.85
Total Liabilities	231.86	411.02	463.94	433.51	368.38
Common Stock	377.31	377.31	377.31	377.31	385.56
Additional Paid-In Capital	-	-	1,199	1,208	1,250
Retained Earnings	-303.66	-324.2	-346.42	-333.42	-17.38
Treasury Stock	-15	-15	-	-	-50
Comprehensive Income & Other	1,191	1,191	-6.13	-4.48	-2.64
Total Common Equity	1,249	1,230	1,224	1,247	1,565
Minority Interest	-21.26	-21.26	-21.26	-29.84	-21.43
Shareholders' Equity	1,228	1,208	1,203	1,217	1,544
Total Liabilities & Equity	1,460	1,619	1,667	1,651	1,912
Total Debt	53.43	228.9	177.6	135.3	40.19
Net Cash (Debt)	156.91	35.41	-19.47	38.42	155.05
Net Cash Growth	343.14%	-	-	-75.22%	-37.46%
Net Cash Per Share	0.42	0.09	-0.05	0.10	0.41
Filing Date Shares Outstanding	373.08	373.08	377.31	377.31	377.31
Total Common Shares Outstanding	373.08	373.08	377.31	377.31	377.31
Working Capital	471.69	396.04	169.45	132.35	461.49
Book Value Per Share	3.35	3.30	3.24	3.31	4.15
Tangible Book Value	1,227	1,206	1,181	1,196	1,512
Tangible Book Value Per Share	3.29	3.23	3.13	3.17	4.01
Buildings	364.85	398.12	401.83	455.92	469.76
Machinery	119.07	116.67	115.04	107.5	123.76
Construction In Progress	-	0.27	41.01	144.37	94.13

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