Huasi Holding Company Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	122.67	210.33	170.3	158.13	164.72	187.24
Short-Term Investments	-	-	94	-	9	-
Trading Asset Securities	-	-	-	-	-	8
Cash & Short-Term Investments	122.67	210.33	264.3	158.13	173.72	195.24
Cash Growth	-17.71%	-20.42%	67.14%	-8.97%	-11.02%	-47.85%
Accounts Receivable	41.15	36.63	44.49	51.89	37.51	54.33
Other Receivables	1.29	0.71	1.36	5.16	3.5	6.56
Receivables	42.45	37.34	45.85	57.05	41.01	60.89
Inventory	511.03	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	90.18	33.43	26.24	32.67	25.51	33.12
Total Current Assets	766.33	663.07	775.72	613.31	550.01	812.77
Property, Plant & Equipment	213.25	224.78	257.2	297.59	431.57	423.15
Long-Term Investments	20.6	20.26	-	88	2.28	2.28
Other Intangible Assets	22.14	22.89	23.74	43.53	51.75	53.23
Long-Term Deferred Tax Assets	18.34	19.62	25.04	32.21	33.76	42.01
Long-Term Deferred Charges	11.76	14.68	17.93	5.18	2.85	1.73
Other Long-Term Assets	478.03	494.77	519.71	586.93	578.74	576.96
Total Assets	1,530	1,460	1,619	1,667	1,651	1,912

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	60.45	71.58	73.6	68.15	44.62	42.23
Accrued Expenses	11.11	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	2.45	3.33	4.07	1.79	0.34	1.21
Current Income Taxes Payable	2.13	1.21	1.22	1.22	1.22	1.22
Current Unearned Revenue	34.16	32.94	33.37	19.14	15.05	22.5
Other Current Liabilities	25.38	28.51	38.87	166.01	210.94	238.36
Total Current Liabilities	135.66	191.38	379.68	443.86	417.66	351.28
Long-Term Debt	140	5.5	-	-	-	-
Long-Term Leases	8.53	10.89	10.91	1.86	-	0.33
Long-Term Unearned Revenue	13.55	14.85	9.63	11.1	10.01	11.17
Long-Term Deferred Tax Liabilities	2.51	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	300.26	231.86	411.02	463.94	433.51	368.38

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	377.31	377.31	377.31	377.31	377.31	385.56
Additional Paid-In Capital	1,200	-	-	1,199	1,208	1,250
Retained Earnings	-302.58	-303.66	-324.2	-346.42	-333.42	-17.38
Treasury Stock	-15	-15	-15	-	-	-50
Comprehensive Income & Other	-8.16	1,191	1,191	-6.13	-4.48	-2.64
Total Common Equity	1,251	1,249	1,230	1,224	1,247	1,565
Minority Interest	-21.27	-21.26	-21.26	-21.26	-29.84	-21.43
Shareholders' Equity	1,230	1,228	1,208	1,203	1,217	1,544
Total Liabilities & Equity	1,530	1,460	1,619	1,667	1,651	1,912

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	150.98	53.43	228.9	177.6	135.3	40.19
Net Cash (Debt)	-28.31	156.91	35.41	-19.47	38.42	155.05
Net Cash Growth	-	343.14%	-	-	-75.22%	-37.46%
Net Cash Per Share	-0.08	0.42	0.09	-0.05	0.10	0.41
Filing Date Shares Outstanding	373.08	373.08	373.08	377.31	377.31	377.31
Total Common Shares Outstanding	373.08	373.08	373.08	377.31	377.31	377.31
Working Capital	630.66	471.69	396.04	169.45	132.35	461.49
Book Value Per Share	3.35	3.35	3.30	3.24	3.31	4.15
Tangible Book Value	1,229	1,227	1,206	1,181	1,196	1,512
Tangible Book Value Per Share	3.30	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