Anhui Huangshan Capsule 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	108.56	155.47	341.64	243.76	321.06	344.29
Trading Asset Securities	-	-	-	-	49.58	65.14
Cash & Short-Term Investments	108.56	155.47	341.64	243.76	370.64	409.43
Cash Growth	-65.89%	-54.49%	40.16%	-34.23%	-9.47%	19.79%
Accounts Receivable	193.5	165.14	144.68	134.55	142.03	137.63
Other Receivables	1.51	1.18	1.09	0.92	1.43	1.77
Receivables	195.01	166.32	145.77	135.47	143.47	139.39
Inventory	72.27	75.76	100.2	122.88	99.62	90.74
Prepaid Expenses	-	2.01	-	-	-	-
Other Current Assets	0.7	0.23	2.41	2.3	4.55	0.09
Total Current Assets	376.54	399.79	590.01	504.41	618.27	639.65
Property, Plant & Equipment	278.86	289.14	325.71	350.56	384.71	388.46
Long-Term Investments	2.06	394.85	146.47	1.85	1.71	1.59
Other Intangible Assets	16.92	17.13	17.99	18.85	19.7	16.49
Long-Term Deferred Tax Assets	5.09	5.2	5.12	7.96	12.81	7.2
Long-Term Deferred Charges	1.23	1.69	1.24	0.26	0.48	0.43
Other Long-Term Assets	435.24	0.09	-	219.2	-	-
Total Assets	1,116	1,108	1,087	1,103	1,038	1,054
Accounts Payable	86.45	91.26	109.99	114.02	103.95	106.28
Accrued Expenses	15.05	30.58	26.48	37.24	38.8	26.95
Current Portion of Long-Term Debt	-	-	-	1.6	-	3.05
Current Portion of Leases	0.02	0.02	0.65	0.31	0.27	-
Current Income Taxes Payable	5.64	2.84	0.41	-	0.44	2.34
Current Unearned Revenue	1.57	0.82	0.92	1.84	1.19	1.25
Other Current Liabilities	13.53	5.66	12.26	2.29	2.41	6.04
Total Current Liabilities	122.26	131.18	150.69	157.3	147.07	145.9
Long-Term Debt	-	-	-	9.91	-	71.64
Long-Term Leases	-	-	0.02	-	-	0.57
Long-Term Unearned Revenue	11.45	11.51	13.88	30.09	31.2	25.61
Long-Term Deferred Tax Liabilities	3.56	3.68	4.18	4.66	5.21	0.13
Total Liabilities	137.27	146.37	168.77	201.97	183.48	243.84
Common Stock	299.1	299.1	299.1	299.1	299.1	213.64
Additional Paid-In Capital	85.15	85.15	85.15	85.15	85.15	170.6
Retained Earnings	592.58	575.21	531.46	515.71	468.77	425.01
Comprehensive Income & Other	0.56	0.65	0.73	0.52	0.74	0.44
Total Common Equity	977.38	960.11	916.44	900.48	853.76	809.69
Minority Interest	1.28	1.42	1.32	0.64	0.45	0.28
Shareholders' Equity	978.66	961.52	917.76	901.11	854.21	809.98
Total Liabilities & Equity	1,116	1,108	1,087	1,103	1,038	1,054
Total Debt	0.02	0.02	0.67	11.82	0.27	75.26
Net Cash (Debt)	108.54	155.45	340.97	231.94	370.37	334.17
Net Cash Growth	-65.82%	-54.41%	47.01%	-37.38%	10.83%	2.54%
Net Cash Per Share	0.38	0.53	1.11	0.79	1.22	1.12
Filing Date Shares Outstanding	299.1	299.1	299.1	299.1	299.1	299.1
Total Common Shares Outstanding	299.1	299.1	299.1	299.1	299.1	299.1
Working Capital	254.28	268.61	439.32	347.1	471.2	493.76
Book Value Per Share	3.27	3.21	3.06	3.01	2.85	2.71
Tangible Book Value	960.46	942.97	898.45	881.63	834.05	793.2
Tangible Book Value Per Share	3.21	3.15	3.00	2.95	2.79	2.65
Buildings	-	192	192.19	192.08	191.72	189.69
Machinery	-	441.51	443.5	421.62	418.47	381.52
Construction In Progress	-	4.18	0.91	8.94	4.46	14.76

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