Hunan Huamin Holdings 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	328.96	396.74	350.68	325.89	580.17	143.31
Trading Asset Securities	-	-	-	-	-	5.08
Cash & Short-Term Investments	328.96	396.74	350.68	325.89	580.17	148.38
Cash Growth	58.46%	13.13%	7.61%	-43.83%	290.99%	14.55%
Accounts Receivable	217.08	296.55	315.32	421.09	180	107.36
Other Receivables	58.72	68.7	94.12	136.57	15.16	9.01
Receivables	275.8	365.25	409.44	557.66	195.17	116.37
Inventory	173.54	170.78	158.22	170.08	140.69	41.89
Other Current Assets	108.52	82.95	81.48	100.49	15.98	2.6
Total Current Assets	886.81	1,016	999.81	1,154	932.01	309.25
Property, Plant & Equipment	2,097	2,133	2,307	1,045	221.51	104.66
Long-Term Investments	3	3	-	-	-	-
Other Intangible Assets	103.31	102.91	130.44	53.58	19.37	19.21
Long-Term Accounts Receivable	-	-	-	0.17	-	-
Long-Term Deferred Tax Assets	144.8	140.88	96.15	38.74	12.36	5.92
Long-Term Deferred Charges	2.17	2.65	2.57	4.33	3.37	4.42
Other Long-Term Assets	104.33	105.02	108.93	150.4	144.1	129.77
Total Assets	3,341	3,503	3,645	2,446	1,333	573.23
Accounts Payable	659.71	781.76	735.86	736.24	145.85	19.23
Accrued Expenses	15.01	15.96	22.58	16.88	9.43	9.14
Short-Term Debt	369.54	375.23	461.53	129.24	-	-
Current Portion of Long-Term Debt	136.89	137.21	-	79.5	-	-
Current Portion of Leases	-	-	3.49	3.96	5.58	3.03
Current Income Taxes Payable	1.22	1.88	-	-	0.03	0.03
Current Unearned Revenue	7.45	17.13	6.65	20.65	4.65	1.02
Other Current Liabilities	137.06	201.68	251.34	234.99	154.25	15.37
Total Current Liabilities	1,327	1,531	1,481	1,221	319.79	47.83
Long-Term Debt	48.88	44.38	-	-	-	-
Long-Term Leases	102.88	101.99	262.92	22.91	2.93	5.62
Long-Term Unearned Revenue	14.74	15.36	8.63	4.57	5.42	6.31
Long-Term Deferred Tax Liabilities	18.13	26.27	1.27	1.57	1.79	0.02
Other Long-Term Liabilities	1,519	1,402	1,347	341.27	1.52	0.83
Total Liabilities	3,031	3,121	3,102	1,592	331.46	60.61
Common Stock	580.48	580.23	577.81	577.6	577.6	441.3
Additional Paid-In Capital	753.83	752.36	734.4	723.21	647.25	246.57
Retained Earnings	-941.77	-881.18	-714.49	-416.9	-218.69	-183.49
Treasury Stock	-	-	-6.06	-10.61	-15.16	-
Comprehensive Income & Other	10.06	8.51	2.68	1.21	1.29	-
Total Common Equity	402.59	459.92	594.35	874.51	992.28	504.37
Minority Interest	-92.37	-77.5	-50.87	-20.34	8.97	8.24
Shareholders' Equity	310.23	382.42	543.48	854.17	1,001	512.62
Total Liabilities & Equity	3,341	3,503	3,645	2,446	1,333	573.23
Total Debt	658.18	658.8	727.93	235.61	8.51	8.66
Net Cash (Debt)	-329.22	-262.06	-377.25	90.28	571.66	139.73
Net Cash Growth	-	-	-	-84.21%	309.12%	7.87%
Net Cash Per Share	-0.57	-0.45	-0.65	0.16	1.29	0.32
Filing Date Shares Outstanding	580.93	574.17	577.81	577.68	577.6	441.3
Total Common Shares Outstanding	580.93	574.17	577.81	577.68	577.6	441.3
Working Capital	-440.06	-515.13	-481.64	-67.35	612.21	261.42
Book Value Per Share	0.69	0.80	1.03	1.51	1.72	1.14
Tangible Book Value	299.28	357.01	463.91	820.94	972.92	485.17
Tangible Book Value Per Share	0.52	0.62	0.80	1.42	1.68	1.10
Buildings	-	-	1,442	443.62	95.24	88.53
Machinery	-	-	1,054	580.71	68.25	64.33
Construction In Progress	-	-	12.62	111.81	113.91	-

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