HaiXin Foods Co.,Ltd Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	176.72	85.39	156.39	277.19	179.07	116.38
Short-Term Investments	-	-	-	70.45	-	-
Trading Asset Securities	1.95	2.43	122.18	-	-	-
Cash & Short-Term Investments	178.67	87.82	278.58	347.64	179.07	116.38
Cash Growth	2.95%	-68.48%	-19.87%	94.13%	53.87%	-55.77%
Accounts Receivable	153.73	208.48	211.69	253.23	231.62	196.93
Other Receivables	8.14	2.5	47.11	33.36	35.98	13.62
Receivables	161.87	210.98	258.8	286.59	267.59	210.55
Inventory	411.42	500.05	460.5	430.04	362.6	371.49
Prepaid Expenses	-	-	-	-	-	3.43
Other Current Assets	30.83	70.47	28.44	25.22	17.72	29
Total Current Assets	782.79	869.32	1,026	1,089	826.99	730.86
Property, Plant & Equipment	846.07	863.75	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	62.04	62.57	64.49	65.77	67.84	69.19
Long-Term Deferred Tax Assets	24.92	28	26.8	27.68	30.59	29.71
Long-Term Deferred Charges	59.38	62.67	56.98	19.9	14.89	16.62
Other Long-Term Assets	9.17	1.26	10.19	7.56	7.52	4.87
Total Assets	1,828	1,931	2,104	2,165	1,766	1,498
Accounts Payable	236.97	279.76	447.04	422.1	417.84	333.86
Accrued Expenses	21.53	35.27	78.92	92.18	94.04	72.77
Short-Term Debt	213.78	216.79	156.09	138.58	97	132.49
Current Portion of Long-Term Debt	60.54	60.28	37.48	20.36	-	-
Current Portion of Leases	-	-	4.69	5.37	7.16	5.21
Current Income Taxes Payable	14.47	14.49	3.21	8.87	10.12	1.76
Current Unearned Revenue	9.41	23.37	16.18	18.6	17.4	17
Other Current Liabilities	35.58	61.24	11.68	9.09	23.17	20.7
Total Current Liabilities	592.28	691.18	755.29	715.15	666.73	583.79
Long-Term Debt	131.53	146.02	197.93	207.05	184.2	53.06
Long-Term Leases	18.5	20.45	26.17	29.48	29.33	34.47
Long-Term Unearned Revenue	12.02	12.64	13.8	17.04	18.09	18.18
Long-Term Deferred Tax Liabilities	3.88	4.2	4.18	4.78	8.52	9.84
Total Liabilities	758.21	874.5	997.37	973.5	906.87	699.34
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	114.4	102.96	151.54	210.71	256.52	193.3
Treasury Stock	-25.16	-25.16	-24.86	-	-	-
Comprehensive Income & Other	-0.61	-0.58	-0.55	-0.02	0.01	0
Total Common Equity	1,037	1,025	1,074	1,159	839.5	779.86
Minority Interest	33.01	30.98	32.21	32.62	19.67	18.6
Shareholders' Equity	1,070	1,056	1,106	1,191	859.18	798.45
Total Liabilities & Equity	1,828	1,931	2,104	2,165	1,766	1,498
Total Debt	424.35	443.54	422.36	400.85	317.69	225.23
Net Cash (Debt)	-245.68	-355.72	-143.78	-53.21	-138.61	-108.84
Net Cash Per Share	-0.44	-0.64	-0.26	-0.11	-0.29	-0.23
Filing Date Shares Outstanding	555.47	556	548.31	555.76	480.76	480.76
Total Common Shares Outstanding	555.47	556	548.31	555.76	480.76	480.76
Working Capital	190.51	178.14	271.02	374.34	160.27	147.07
Book Value Per Share	1.87	1.84	1.96	2.08	1.75	1.62
Tangible Book Value	936.84	924.9	958.38	1,036	719.98	658.98
Tangible Book Value Per Share	1.69	1.66	1.75	1.86	1.50	1.37
Buildings	-	-	660.7	346.74	318.42	223.22
Machinery	-	-	515.31	385.82	365.02	325.5
Construction In Progress	-	-	6.45	429.84	301.14	230.87

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