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 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	Dec '21 Dec 31, 2021
Cash & Equivalents	362.41	358.67	280.06	305.81	186.05	233.33
Cash & Short-Term Investments	362.41	358.67	280.06	305.81	186.05	233.33
Cash Growth	44.03%	28.07%	-8.42%	64.37%	-20.26%	30.52%
Accounts Receivable	669.63	669.38	614.54	525.82	509.27	452.06
Other Receivables	1.52	0.88	1.66	0.81	16.44	12.3
Receivables	671.15	670.26	616.2	526.63	525.71	464.35
Inventory	298.27	272.01	321.45	217.16	203.1	118.58
Prepaid Expenses	-	-	-	-	-	0.42
Other Current Assets	38.3	38.88	36.99	55.89	32.62	58.14
Total Current Assets	1,370	1,340	1,255	1,105	947.49	874.83
Property, Plant & Equipment	779.47	797.55	861.23	900.54	811.45	647.01
Long-Term Investments	-	3.79	4.07	5.14	0.64	0.66
Other Intangible Assets	114.01	98.26	93.82	96.62	99.42	75.69
Long-Term Deferred Tax Assets	29.61	27.59	12.72	18.87	20.99	17.18
Other Long-Term Assets	56.41	43.65	46.62	47.04	61.51	72.96
Total Assets	2,350	2,311	2,273	2,174	1,942	1,688
Accounts Payable	129.37	128.13	121.48	140.87	137.79	133.34
Accrued Expenses	10.59	34.36	59.51	74.4	72.77	21.25
Short-Term Debt	560	452.2	413.34	322.7	314.75	177.18
Current Portion of Long-Term Debt	18.65	94	78.17	40.72	69	8.8
Current Portion of Leases	-	-	0.27	0.26	-	-
Current Income Taxes Payable	14.55	9.32	8.42	0.09	6.57	1.35
Current Unearned Revenue	18.68	10.36	9.73	10.54	11.62	10.41
Other Current Liabilities	32.63	11.83	10.3	10.09	10.28	47.87
Total Current Liabilities	784.48	740.21	701.2	599.67	622.78	400.21
Long-Term Debt	390.12	423.1	441.62	425.49	374.56	385.76
Long-Term Leases	-	-	-	0.27	-	-
Long-Term Unearned Revenue	4.35	4.49	5.37	7.42	8.67	8.32
Other Long-Term Liabilities	0.64	0.72	-	-	-	-
Total Liabilities	1,180	1,169	1,148	1,033	1,006	794.3
Common Stock	251.05	250.43	250.43	250.42	232.33	232.32
Additional Paid-In Capital	186.46	177.85	177.85	177.76	75.76	67.54
Retained Earnings	672.81	652.57	634.76	637.66	552.36	519.1
Comprehensive Income & Other	60.85	62.2	62.27	75.03	75.05	75.07
Total Common Equity	1,171	1,143	1,125	1,141	935.49	894.04
Minority Interest	-1.13	-0.92	-0.36	-0.02	-	-
Shareholders' Equity	1,170	1,142	1,125	1,141	935.49	894.04
Total Liabilities & Equity	2,350	2,311	2,273	2,174	1,942	1,688
Total Debt	968.77	969.3	933.39	789.43	758.31	571.74
Net Cash (Debt)	-606.36	-610.63	-653.34	-483.62	-572.26	-338.41
Net Cash Per Share	-2.63	-2.62	-2.96	-2.04	-2.43	-1.42
Filing Date Shares Outstanding	251.05	251.05	250.43	250.42	232.33	232.32
Total Common Shares Outstanding	251.05	250.43	250.43	250.42	232.33	232.32
Working Capital	585.65	599.61	553.49	505.82	324.71	474.61
Book Value Per Share	4.67	4.56	4.49	4.56	4.03	3.85
Tangible Book Value	1,057	1,045	1,031	1,044	836.07	818.35
Tangible Book Value Per Share	4.21	4.17	4.12	4.17	3.60	3.52
Buildings	-	495.66	492.74	478.44	382.3	325.55
Machinery	-	626.15	600.19	564.83	363.81	327.17
Construction In Progress	-	40	44.22	51.49	336.65	221.96

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