Anshan Hifichem 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	348.11	267.79	295.1	259.17	541.17	313.23
Short-Term Investments	-	-	3.03	-	-	-
Trading Asset Securities	0.92	7.29	4.41	-	-	0.06
Cash & Short-Term Investments	349.03	275.08	302.54	259.17	541.17	313.29
Cash Growth	8.13%	-9.08%	16.74%	-52.11%	72.73%	26.93%
Accounts Receivable	524.04	503.35	530.8	409.1	343.86	437.1
Other Receivables	53.47	1.37	3.1	10.01	8.12	2.03
Receivables	577.52	504.72	533.89	419.11	351.98	439.13
Inventory	414.34	417.2	384.82	337.46	379.78	333.21
Prepaid Expenses	-	-	-	0.07	-	-
Other Current Assets	50.44	46.27	44.38	34.04	35.69	46.47
Total Current Assets	1,391	1,243	1,266	1,050	1,309	1,132
Property, Plant & Equipment	1,542	1,542	1,345	1,288	1,114	1,011
Long-Term Investments	514.9	578.07	572.69	550.62	96.19	90.89
Goodwill	140.94	140.94	144.86	151.21	151.21	151.21
Other Intangible Assets	246.72	251.19	255.86	263.69	167.07	149.54
Long-Term Accounts Receivable	-	-	1.8	1.62	-	-
Long-Term Deferred Tax Assets	61.11	59.47	49.87	50.49	36.51	11.17
Long-Term Deferred Charges	34.49	35.9	38.79	37.36	40.91	39.05
Other Long-Term Assets	126.12	67.83	48.71	39.93	95.14	46.58
Total Assets	4,058	3,919	3,723	3,433	3,010	2,631
Accounts Payable	222.57	222.89	206.74	151.11	169.84	128.73
Accrued Expenses	8.22	37.24	41.22	19.87	29.08	23.33
Short-Term Debt	209.43	164.27	273.36	154.35	234.1	340.6
Current Portion of Long-Term Debt	309.94	324.48	147.92	496.23	26.73	-
Current Portion of Leases	-	27.69	60.94	32.44	3.3	3.1
Current Income Taxes Payable	21.06	3.73	5.26	1.07	6.84	4.75
Current Unearned Revenue	6.97	3.1	7.03	5.39	5.59	4.79
Other Current Liabilities	214.88	180.82	192.98	171.35	183.87	232.3
Total Current Liabilities	993.08	964.22	935.44	1,032	659.35	737.59
Long-Term Debt	647.9	593.5	416.3	183.6	590	18.89
Long-Term Leases	49.95	16.78	67.49	28.49	18.28	21.12
Long-Term Unearned Revenue	24.12	21.83	24.36	26.6	25.85	27.34
Long-Term Deferred Tax Liabilities	8.22	8.64	10.41	11.14	17.29	12.85
Other Long-Term Liabilities	384.75	384.75	385.75	390.75	-	-
Total Liabilities	2,108	1,990	1,840	1,672	1,311	817.79
Common Stock	399.12	406.04	406.04	408.1	410.24	410.32
Additional Paid-In Capital	725.29	797.37	797.37	806.19	818.02	807.84
Retained Earnings	645.51	629.7	578.77	473.79	462.79	546.12
Treasury Stock	-	-79	-79	-92.56	-106.57	-49.37
Comprehensive Income & Other	17.24	15.62	10.43	6.83	3.11	2.35
Total Common Equity	1,787	1,770	1,714	1,602	1,588	1,717
Minority Interest	162.67	159.55	169.39	158.01	111.18	96.3
Shareholders' Equity	1,950	1,929	1,883	1,760	1,699	1,814
Total Liabilities & Equity	4,058	3,919	3,723	3,433	3,010	2,631
Total Debt	1,217	1,127	966.01	895.11	872.41	383.71
Net Cash (Debt)	-868.19	-851.63	-663.47	-635.95	-331.24	-70.41
Net Cash Per Share	-2.12	-2.09	-1.65	-1.73	-1.19	-0.18
Filing Date Shares Outstanding	399.12	399.12	399.12	401.18	403.31	405.33
Total Common Shares Outstanding	399.12	399.12	399.12	401.18	403.31	405.33
Working Capital	398.25	279.05	330.19	18.03	649.27	394.51
Book Value Per Share	4.48	4.43	4.29	3.99	3.94	4.24
Tangible Book Value	1,399	1,378	1,313	1,187	1,269	1,417
Tangible Book Value Per Share	3.51	3.45	3.29	2.96	3.15	3.49
Buildings	-	790.4	708.99	636.91	604.39	498.32
Machinery	-	1,198	1,067	860.31	864.18	693.86
Construction In Progress	-	345.17	275.58	386.46	150.12	216.6

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