Shandong Ruifeng Chemical Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	331.96	280.06	305.81	186.05	233.33	158.77	Upgrade
Trading Asset Securities	-	-	-	-	-	20	Upgrade
Cash & Short-Term Investments	331.96	280.06	305.81	186.05	233.33	178.77	Upgrade
Cash Growth	4.69%	-8.42%	64.37%	-20.26%	30.52%	123.53%	Upgrade
Accounts Receivable	651.48	614.54	525.82	509.27	452.06	423.59	Upgrade
Other Receivables	0.64	1.66	0.81	16.44	12.3	1.08	Upgrade
Receivables	652.12	616.2	526.63	525.71	464.35	424.67	Upgrade
Inventory	328.21	321.45	217.16	203.1	118.58	128.29	Upgrade
Prepaid Expenses	-	-	-	-	0.42	-	Upgrade
Other Current Assets	28.73	36.99	55.89	32.62	58.14	43.17	Upgrade
Total Current Assets	1,341	1,255	1,105	947.49	874.83	774.9	Upgrade
Property, Plant & Equipment	811.96	861.23	900.54	811.45	647.01	350.82	Upgrade
Long-Term Investments	3.79	4.07	5.14	0.64	0.66	0.64	Upgrade
Goodwill	-	-	-	-	-	14.8	Upgrade
Other Intangible Assets	99	93.82	96.62	99.42	75.69	73.47	Upgrade
Long-Term Deferred Tax Assets	27.85	24.96	18.87	20.99	17.18	16.05	Upgrade
Long-Term Deferred Charges	-	-	-	-	-	1.05	Upgrade
Other Long-Term Assets	56.46	46.62	47.04	61.51	72.96	85.36	Upgrade
Total Assets	2,340	2,285	2,174	1,942	1,688	1,317	Upgrade
Accounts Payable	91.27	121.48	140.87	137.79	133.34	95.34	Upgrade
Accrued Expenses	9.75	59.51	74.4	72.77	21.25	54.15	Upgrade
Short-Term Debt	488	413.34	322.7	314.75	177.18	364.13	Upgrade
Current Portion of Long-Term Debt	88.79	78.17	40.72	69	8.8	-	Upgrade
Current Portion of Leases	-	0.27	0.26	-	-	-	Upgrade
Current Income Taxes Payable	13.13	8.42	0.09	6.57	1.35	6.55	Upgrade
Current Unearned Revenue	8.35	9.73	10.54	11.62	10.41	11.19	Upgrade
Other Current Liabilities	45.69	10.3	10.09	10.28	47.87	13.85	Upgrade
Total Current Liabilities	744.97	701.2	599.67	622.78	400.21	545.22	Upgrade
Long-Term Debt	441.94	441.62	425.49	374.56	385.76	-	Upgrade
Long-Term Leases	-	-	0.27	-	-	-	Upgrade
Long-Term Unearned Revenue	4.7	5.37	7.42	8.67	8.32	9.37	Upgrade
Total Liabilities	1,192	1,148	1,033	1,006	794.3	554.58	Upgrade
Common Stock	250.43	250.43	250.42	232.33	232.32	232.32	Upgrade
Additional Paid-In Capital	177.85	177.85	177.76	75.76	67.54	65.3	Upgrade
Retained Earnings	646.62	634.76	637.66	552.36	519.1	454.11	Upgrade
Treasury Stock	-	-	-	-	-	-5.84	Upgrade
Comprehensive Income & Other	74.43	74.51	75.03	75.05	75.07	-0.05	Upgrade
Total Common Equity	1,149	1,138	1,141	935.49	894.04	745.84	Upgrade
Minority Interest	-0.86	-0.36	-0.02	-	-	16.67	Upgrade
Shareholders' Equity	1,148	1,137	1,141	935.49	894.04	762.51	Upgrade
Total Liabilities & Equity	2,340	2,285	2,174	1,942	1,688	1,317	Upgrade
Total Debt	1,019	933.39	789.43	758.31	571.74	364.13	Upgrade
Net Cash (Debt)	-686.77	-653.34	-483.62	-572.26	-338.41	-185.36	Upgrade
Net Cash Per Share	-3.11	-2.96	-2.04	-2.43	-1.42	-0.80	Upgrade
Filing Date Shares Outstanding	250.43	250.43	250.42	232.33	232.32	232.32	Upgrade
Total Common Shares Outstanding	250.43	250.43	250.42	232.33	232.32	232.32	Upgrade
Working Capital	596.04	553.49	505.82	324.71	474.61	229.68	Upgrade
Book Value Per Share	4.59	4.54	4.56	4.03	3.85	3.21	Upgrade
Tangible Book Value	1,050	1,044	1,044	836.07	818.35	657.57	Upgrade
Tangible Book Value Per Share	4.19	4.17	4.17	3.60	3.52	2.83	Upgrade
Buildings	-	492.74	478.44	382.3	325.55	257.83	Upgrade
Machinery	-	600.19	564.83	363.81	327.17	250.24	Upgrade
Construction In Progress	-	44.22	51.49	336.65	221.96	61.54	Upgrade

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