HaiXin Foods Co.,Ltd 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	Jan '22 Jan 1, 2022
Cash & Equivalents	44.18	85.39	156.39	277.19	179.07	116.38
Short-Term Investments	-	-	-	70.45	-	-
Trading Asset Securities	1.55	2.43	122.18	-	-	-
Cash & Short-Term Investments	45.72	87.82	278.58	347.64	179.07	116.38
Cash Growth	-62.76%	-68.48%	-19.87%	94.13%	53.87%	-55.77%
Accounts Receivable	120.53	208.48	211.69	253.23	231.62	196.93
Other Receivables	7.97	35.5	47.11	33.36	35.98	13.62
Receivables	128.51	243.98	258.8	286.59	267.59	210.55
Inventory	492.77	500.05	460.5	430.04	362.6	371.49
Prepaid Expenses	-	-	-	-	-	3.43
Other Current Assets	33.77	37.47	28.44	25.22	17.72	29
Total Current Assets	700.78	869.32	1,026	1,089	826.99	730.86
Property, Plant & Equipment	834.26	863.17	862.34	890.7	754.76	578.69
Long-Term Investments	5.72	5.38	5.33	7.22	11.76	16.16
Goodwill	37.84	37.84	51.34	56.53	51.69	51.69
Other Intangible Assets	61.46	62.57	64.49	65.77	67.84	69.19
Long-Term Deferred Tax Assets	26.48	28	26.8	27.68	30.59	29.71
Long-Term Deferred Charges	56.69	62.67	56.98	19.9	14.89	16.62
Other Long-Term Assets	17.96	1.84	10.19	7.56	7.52	4.87
Total Assets	1,741	1,931	2,104	2,165	1,766	1,498

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	Jan '22 Jan 1, 2022
Accounts Payable	256.14	279.76	447.04	422.1	417.84	333.86
Accrued Expenses	25.3	88.28	78.9	92.18	94.04	72.77
Short-Term Debt	146.45	216.79	156.09	138.58	97	132.49
Current Portion of Long-Term Debt	60.86	52.1	37.48	20.36	-	-
Current Portion of Leases	-	8.18	4.69	5.37	7.16	5.21
Current Income Taxes Payable	8.97	7.79	3.21	8.87	10.12	1.76
Current Unearned Revenue	9.6	23.37	16.18	18.6	17.4	17
Other Current Liabilities	34.25	14.93	11.71	9.09	23.17	20.7
Total Current Liabilities	541.57	691.18	755.29	715.15	666.73	583.79
Long-Term Debt	122.12	146.02	197.93	207.05	184.2	53.06
Long-Term Leases	19.36	20.45	26.17	29.48	29.33	34.47
Long-Term Unearned Revenue	12.59	12.64	13.8	17.04	18.09	18.18
Long-Term Deferred Tax Liabilities	3.93	4.2	4.18	4.78	8.52	9.84
Total Liabilities	699.57	874.5	997.37	973.5	906.87	699.34

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	Jan '22 Jan 1, 2022
Common Stock	555.76	555.76	555.76	555.76	480.76	480.76
Additional Paid-In Capital	392.32	392.32	392.32	392.29	102.22	105.8
Retained Earnings	88.26	102.96	151.54	210.71	256.52	193.3
Treasury Stock	-25.16	-25.16	-24.86	-	-	-
Comprehensive Income & Other	-0.64	-0.58	-0.55	-0.02	0.01	0
Total Common Equity	1,011	1,025	1,074	1,159	839.5	779.86
Minority Interest	31.06	30.98	32.21	32.62	19.67	18.6
Shareholders' Equity	1,042	1,056	1,106	1,191	859.18	798.45
Total Liabilities & Equity	1,741	1,931	2,104	2,165	1,766	1,498

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	Jan '22 Jan 1, 2022
Total Debt	348.8	443.54	422.36	400.85	317.69	225.23
Net Cash (Debt)	-303.07	-355.72	-143.78	-53.21	-138.61	-108.84
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.54	-0.64	-0.26	-0.11	-0.29	-0.23
Filing Date Shares Outstanding	558.15	548.24	548.31	555.76	480.76	480.76
Total Common Shares Outstanding	558.15	548.24	548.31	555.76	480.76	480.76
Working Capital	159.21	178.14	271.02	374.34	160.27	147.07
Book Value Per Share	1.81	1.87	1.96	2.08	1.75	1.62
Tangible Book Value	911.25	924.9	958.38	1,036	719.98	658.98
Tangible Book Value Per Share	1.63	1.69	1.75	1.86	1.50	1.37
Buildings	-	665.01	660.7	346.74	318.42	223.22
Machinery	-	551.75	515.31	385.82	365.02	325.5
Construction In Progress	-	10.23	6.45	429.84	301.14	230.87