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	Jun '26 Jun 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	137.85	210.33	170.3	158.13	164.72	187.24
Short-Term Investments	20	-	94	-	9	-
Trading Asset Securities	-	-	-	-	-	8
Cash & Short-Term Investments	157.85	210.33	264.3	158.13	173.72	195.24
Cash Growth	-24.83%	-20.42%	67.14%	-8.97%	-11.02%	-47.85%
Accounts Receivable	23.26	36.63	44.49	51.89	37.51	54.33
Other Receivables	1.77	0.71	1.36	5.16	3.5	6.56
Receivables	25.03	37.34	45.85	57.05	41.01	60.89
Inventory	453.07	379.42	436.69	362.68	283.58	507.73
Prepaid Expenses	2.36	2.55	2.63	2.77	26.19	15.78
Other Current Assets	79.36	33.43	26.24	32.67	25.51	33.12
Total Current Assets	717.67	663.07	775.72	613.31	550.01	812.77
Property, Plant & Equipment	219.49	224.78	257.2	297.59	431.57	423.15
Long-Term Investments	17.75	20.26	-	88	2.28	2.28
Other Intangible Assets	22.42	22.89	23.74	43.53	51.75	53.23
Long-Term Deferred Tax Assets	18.91	19.62	25.04	32.21	33.76	42.01
Long-Term Deferred Charges	12.18	14.68	17.93	5.18	2.85	1.73
Other Long-Term Assets	482.43	494.77	519.71	586.93	578.74	576.96
Total Assets	1,491	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	Jun '26 Jun 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	59.55	71.58	73.6	68.15	44.62	42.23
Accrued Expenses	8.56	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	1.2	3.33	4.07	1.79	0.34	1.21
Current Income Taxes Payable	1.22	1.21	1.22	1.22	1.22	1.22
Current Unearned Revenue	42.26	32.94	33.37	19.14	15.05	22.5
Other Current Liabilities	26.03	28.51	38.87	166.01	210.94	238.36
Total Current Liabilities	138.81	191.38	379.68	443.86	417.66	351.28
Long-Term Debt	100	5.5	-	-	-	-
Long-Term Leases	11.13	10.89	10.91	1.86	-	0.33
Long-Term Unearned Revenue	13.96	14.85	9.63	11.1	10.01	11.17
Long-Term Deferred Tax Liabilities	2.72	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	266.61	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	Jun '26 Jun 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	-310.85	-303.66	-324.2	-346.42	-333.42	-17.38
Treasury Stock	-15	-15	-15	-	-	-50
Comprehensive Income & Other	-5.86	1,191	1,191	-6.13	-4.48	-2.64
Total Common Equity	1,246	1,249	1,230	1,224	1,247	1,565
Minority Interest	-21.26	-21.26	-21.26	-21.26	-29.84	-21.43
Shareholders' Equity	1,224	1,228	1,208	1,203	1,217	1,544
Total Liabilities & Equity	1,491	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	Jun '26 Jun 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	112.33	53.43	228.9	177.6	135.3	40.19
Net Cash (Debt)	45.52	156.91	35.41	-19.47	38.42	155.05
Net Cash Growth	107.02%	343.14%	-	-	-75.22%	-37.46%
Net Cash Per Share	0.12	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	578.86	471.69	396.04	169.45	132.35	461.49
Book Value Per Share	3.34	3.35	3.30	3.24	3.31	4.15
Tangible Book Value	1,223	1,227	1,206	1,181	1,196	1,512
Tangible Book Value Per Share	3.28	3.29	3.23	3.13	3.17	4.01
Buildings	365.75	364.85	398.12	401.83	455.92	469.76
Machinery	119.3	119.07	116.67	115.04	107.5	123.76
Construction In Progress	-	-	0.27	41.01	144.37	94.13