Anshan Hifichem 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	289.45	295.1	259.17	541.17	313.23	246.82
Short-Term Investments	-	3.03	-	-	-	-
Trading Asset Securities	7.45	4.41	-	-	0.06	-
Cash & Short-Term Investments	296.91	302.54	259.17	541.17	313.29	246.82
Cash Growth	26.51%	16.74%	-52.11%	72.73%	26.93%	-38.46%
Accounts Receivable	490.36	530.8	409.1	343.86	437.1	396.35
Other Receivables	2.22	3.1	10.01	8.12	2.03	17.54
Receivables	492.58	533.89	419.11	351.98	439.13	413.89
Inventory	420.93	384.82	337.46	379.78	333.21	227.8
Prepaid Expenses	-	-	0.07	-	-	-
Other Current Assets	73.84	44.38	34.04	35.69	46.47	42.53
Total Current Assets	1,284	1,266	1,050	1,309	1,132	931.04
Property, Plant & Equipment	1,471	1,345	1,288	1,114	1,011	733.03
Long-Term Investments	582.79	572.69	550.62	96.19	90.89	52.62
Goodwill	144.86	144.86	151.21	151.21	151.21	13.83
Other Intangible Assets	244.32	255.86	263.69	167.07	149.54	113.19
Long-Term Accounts Receivable	-	1.8	1.62	-	-	-
Long-Term Deferred Tax Assets	55.39	49.87	50.49	36.51	11.17	6.89
Long-Term Deferred Charges	32.73	38.79	37.36	40.91	39.05	21.49
Other Long-Term Assets	79.44	48.71	39.93	95.14	46.58	59.92
Total Assets	3,895	3,723	3,433	3,010	2,631	1,932
Accounts Payable	213.72	206.74	151.11	169.84	128.73	123.45
Accrued Expenses	6.36	41.22	19.87	29.08	23.33	13.01
Short-Term Debt	171.98	273.36	154.35	234.1	340.6	252
Current Portion of Long-Term Debt	391.37	147.92	496.23	26.73	-	-
Current Portion of Leases	-	60.94	32.44	3.3	3.1	-
Current Income Taxes Payable	13.24	5.26	1.07	6.84	4.75	3.87
Current Unearned Revenue	5.87	7.03	5.39	5.59	4.79	1.51
Other Current Liabilities	162.58	192.98	171.35	183.87	232.3	122.5
Total Current Liabilities	965.11	935.44	1,032	659.35	737.59	516.34
Long-Term Debt	538.48	416.3	183.6	590	18.89	41.82
Long-Term Leases	14.71	67.49	28.49	18.28	21.12	-
Long-Term Unearned Revenue	22.41	24.36	26.6	25.85	27.34	21.34
Long-Term Deferred Tax Liabilities	9.88	10.41	11.14	17.29	12.85	11.27
Other Long-Term Liabilities	384.75	385.75	390.75	-	-	-
Total Liabilities	1,935	1,840	1,672	1,311	817.79	590.77
Common Stock	406.04	406.04	408.1	410.24	410.32	192.02
Additional Paid-In Capital	797.37	797.37	806.19	818.02	807.84	549.03
Retained Earnings	652.16	578.77	473.79	462.79	546.12	486.81
Treasury Stock	-79	-79	-92.56	-106.57	-49.37	-
Comprehensive Income & Other	14.53	10.43	6.83	3.11	2.35	-
Total Common Equity	1,791	1,714	1,602	1,588	1,717	1,228
Minority Interest	168.52	169.39	158.01	111.18	96.3	113.37
Shareholders' Equity	1,960	1,883	1,760	1,699	1,814	1,341
Total Liabilities & Equity	3,895	3,723	3,433	3,010	2,631	1,932
Total Debt	1,117	966.01	895.11	872.41	383.71	293.82
Net Cash (Debt)	-819.63	-663.47	-635.95	-331.24	-70.41	-47
Net Cash Per Share	-2.01	-1.65	-1.73	-1.19	-0.18	-0.14
Filing Date Shares Outstanding	399.12	399.12	401.18	403.31	405.33	326.44
Total Common Shares Outstanding	399.12	399.12	401.18	403.31	405.33	326.44
Working Capital	319.14	330.19	18.03	649.27	394.51	414.7
Book Value Per Share	4.49	4.29	3.99	3.94	4.24	3.76
Tangible Book Value	1,402	1,313	1,187	1,269	1,417	1,101
Tangible Book Value Per Share	3.51	3.29	2.96	3.15	3.49	3.37
Buildings	-	709.48	636.91	604.39	498.32	393.64
Machinery	-	1,075	860.31	864.18	693.86	469.89
Construction In Progress	-	275.58	386.46	150.12	216.6	214.58

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