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	Jun '26 Jun 30, 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	282.38	358.67	280.06	305.81	186.05	233.33
Cash & Short-Term Investments	282.38	358.67	280.06	305.81	186.05	233.33
Cash Growth	-18.93%	28.07%	-8.42%	64.37%	-20.26%	30.52%
Accounts Receivable	705	669.38	614.54	525.82	509.27	452.06
Other Receivables	0.38	0.88	1.66	0.81	16.44	12.3
Receivables	705.38	670.26	616.2	526.63	525.71	464.35
Inventory	304.71	272.01	321.45	217.16	203.1	118.58
Prepaid Expenses	-	-	-	-	-	0.42
Other Current Assets	35.11	38.88	36.99	55.89	32.62	58.14
Total Current Assets	1,328	1,340	1,255	1,105	947.49	874.83
Property, Plant & Equipment	787.51	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	119.56	98.26	93.82	96.62	99.42	75.69
Long-Term Deferred Tax Assets	33.29	27.59	12.72	18.87	20.99	17.18
Other Long-Term Assets	63.25	43.65	46.62	47.04	61.51	72.96
Total Assets	2,331	2,311	2,273	2,174	1,942	1,688
Accounts Payable	148.99	128.13	121.48	140.87	137.79	133.34
Accrued Expenses	27.08	34.36	59.51	74.4	72.77	21.25
Short-Term Debt	545.18	452.2	413.34	322.7	314.75	177.18
Current Portion of Long-Term Debt	5.15	94	78.17	40.72	69	8.8
Current Portion of Leases	0.26	-	0.27	0.26	-	-
Current Income Taxes Payable	10.42	9.32	8.42	0.09	6.57	1.35
Current Unearned Revenue	9.39	10.36	9.73	10.54	11.62	10.41
Other Current Liabilities	11.55	11.83	10.3	10.09	10.28	47.87
Total Current Liabilities	758.02	740.21	701.2	599.67	622.78	400.21
Long-Term Debt	19.6	423.1	441.62	425.49	374.56	385.76
Long-Term Leases	0.26	-	-	0.27	-	-
Long-Term Unearned Revenue	4.21	4.49	5.37	7.42	8.67	8.32
Other Long-Term Liabilities	0.64	0.72	-	-	-	-
Total Liabilities	782.73	1,169	1,148	1,033	1,006	794.3
Common Stock	279.56	250.43	250.43	250.42	232.33	232.32
Additional Paid-In Capital	584.38	177.85	177.85	177.76	75.76	67.54
Retained Earnings	686.41	652.57	634.76	637.66	552.36	519.1
Comprehensive Income & Other	-0.69	62.2	62.27	75.03	75.05	75.07
Total Common Equity	1,550	1,143	1,125	1,141	935.49	894.04
Minority Interest	-1.22	-0.92	-0.36	-0.02	-	-
Shareholders' Equity	1,548	1,142	1,125	1,141	935.49	894.04
Total Liabilities & Equity	2,331	2,311	2,273	2,174	1,942	1,688
Total Debt	570.44	969.3	933.39	789.43	758.31	571.74
Net Cash (Debt)	-288.07	-610.63	-653.34	-483.62	-572.26	-338.41
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.25	-2.62	-2.96	-2.04	-2.43	-1.42
Filing Date Shares Outstanding	279.56	251.05	250.43	250.42	232.33	232.32
Total Common Shares Outstanding	279.56	250.43	250.43	250.42	232.33	232.32
Working Capital	569.55	599.61	553.49	505.82	324.71	474.61
Book Value Per Share	5.54	4.56	4.49	4.56	4.03	3.85
Tangible Book Value	1,430	1,045	1,031	1,044	836.07	818.35
Tangible Book Value Per Share	5.12	4.17	4.12	4.17	3.60	3.52
Buildings	497.34	495.66	492.74	478.44	382.3	325.55
Machinery	629.2	626.15	600.19	564.83	363.81	327.17
Construction In Progress	71.33	40	44.22	51.49	336.65	221.96