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	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	Jan '22 Jan 1, 2022
Cash & Equivalents	105.28	85.39	156.39	277.19	179.07	116.38
Short-Term Investments	-	-	-	70.45	-	-
Trading Asset Securities	71.59	2.43	122.18	-	-	-
Cash & Short-Term Investments	176.88	87.82	278.58	347.64	179.07	116.38
Cash Growth	118.76%	-68.48%	-19.87%	94.13%	53.87%	-55.77%
Accounts Receivable	125.62	208.48	211.69	253.23	231.62	196.93
Other Receivables	8.9	35.5	47.11	33.36	35.98	13.62
Receivables	134.52	243.98	258.8	286.59	267.59	210.55
Inventory	506.15	500.05	460.5	430.04	362.6	371.49
Prepaid Expenses	-	-	-	-	-	3.43
Other Current Assets	34.37	37.47	28.44	25.22	17.72	29
Total Current Assets	851.92	869.32	1,026	1,089	826.99	730.86
Property, Plant & Equipment	838.64	863.17	862.34	890.7	754.76	578.69
Long-Term Investments	5.88	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	60.92	62.57	64.49	65.77	67.84	69.19
Long-Term Deferred Tax Assets	25.46	28	26.8	27.68	30.59	29.71
Long-Term Deferred Charges	63.22	62.67	56.98	19.9	14.89	16.62
Other Long-Term Assets	6.92	1.84	10.19	7.56	7.52	4.87
Total Assets	1,891	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	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	Jan '22 Jan 1, 2022
Accounts Payable	311.32	279.76	447.04	422.1	417.84	333.86
Accrued Expenses	32.12	88.28	78.9	92.18	94.04	72.77
Short-Term Debt	147.32	216.79	156.09	138.58	97	132.49
Current Portion of Long-Term Debt	43.58	52.1	37.48	20.36	-	-
Current Portion of Leases	-	8.18	4.69	5.37	7.16	5.21
Current Income Taxes Payable	12.13	7.79	3.21	8.87	10.12	1.76
Current Unearned Revenue	85.35	23.37	16.18	18.6	17.4	17
Other Current Liabilities	58.51	14.93	11.71	9.09	23.17	20.7
Total Current Liabilities	690.33	691.18	755.29	715.15	666.73	583.79
Long-Term Debt	137.61	146.02	197.93	207.05	184.2	53.06
Long-Term Leases	18.04	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	3.71	4.2	4.18	4.78	8.52	9.84
Total Liabilities	862.27	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	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	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	76.53	102.96	151.54	210.71	256.52	193.3
Treasury Stock	-25.16	-25.16	-24.86	-	-	-
Comprehensive Income & Other	-0.66	-0.58	-0.55	-0.02	0.01	0
Total Common Equity	998.79	1,025	1,074	1,159	839.5	779.86
Minority Interest	29.73	30.98	32.21	32.62	19.67	18.6
Shareholders' Equity	1,029	1,056	1,106	1,191	859.18	798.45
Total Liabilities & Equity	1,891	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	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	Jan '22 Jan 1, 2022
Total Debt	346.54	443.54	422.36	400.85	317.69	225.23
Net Cash (Debt)	-169.66	-355.72	-143.78	-53.21	-138.61	-108.84
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.31	-0.64	-0.26	-0.11	-0.29	-0.23
Filing Date Shares Outstanding	531.11	548.24	548.31	555.76	480.76	480.76
Total Common Shares Outstanding	531.11	548.24	548.31	555.76	480.76	480.76
Working Capital	161.59	178.14	271.02	374.34	160.27	147.07
Book Value Per Share	1.88	1.87	1.96	2.08	1.75	1.62
Tangible Book Value	900.04	924.9	958.38	1,036	719.98	658.98
Tangible Book Value Per Share	1.69	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