Fujian Wanchen Food Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	4,742	2,381	1,210	115.04	216.21
Trading Asset Securities	-	-	-	-	20.03
Cash & Short-Term Investments	4,742	2,381	1,210	115.04	236.24
Cash Growth	99.18%	96.80%	951.57%	-51.30%	604.37%
Accounts Receivable	14.29	19.42	27.17	14.59	9.57
Other Receivables	96.43	66.05	122.87	4.61	0.57
Receivables	110.71	85.47	150.05	19.2	10.13
Inventory	2,358	2,141	733.29	100.11	55.37
Prepaid Expenses	-	-	-	1.48	-
Other Current Assets	1,680	1,163	256.2	42.87	0.64
Total Current Assets	8,891	5,771	2,349	278.69	302.39
Property, Plant & Equipment	983.13	1,271	1,371	796.9	506.33
Long-Term Investments	-	-	-	0.24	-
Other Intangible Assets	80.97	59.52	60.59	53.04	53.41
Long-Term Accounts Receivable	2.26	3.02	0.73	0.12	-
Long-Term Deferred Tax Assets	62.08	95.12	74.64	11.9	-
Long-Term Deferred Charges	24.75	37.5	51.2	4.9	-
Other Long-Term Assets	3.46	16.79	18.07	55.35	1.05
Total Assets	10,047	7,253	3,925	1,201	863.18
Accounts Payable	3,075	2,094	943.17	117.38	59.68
Accrued Expenses	458.82	301.32	115.67	27.06	13.18
Short-Term Debt	636.57	956.01	510.77	148.37	64.78
Current Portion of Long-Term Debt	184.18	12.67	9.28	6.54	30.04
Current Portion of Leases	111.06	155	146.03	16.17	0.08
Current Income Taxes Payable	292.25	208.09	54.68	0.01	5.61
Current Unearned Revenue	308.16	312.17	169.71	8.93	1.17
Other Current Liabilities	1,203	1,089	690.9	7.03	6
Total Current Liabilities	6,269	5,128	2,640	331.49	180.54
Long-Term Debt	974.32	237.48	148.35	110.5	-
Long-Term Leases	164.12	299.21	324.81	31.24	0.17
Long-Term Unearned Revenue	31.92	36.12	40.45	43.62	29.77
Long-Term Deferred Tax Liabilities	57.26	91.17	75.72	11.93	-
Total Liabilities	7,497	5,792	3,230	528.79	210.47
Common Stock	188.89	179.99	154.69	153.5	153.5
Additional Paid-In Capital	68.05	534.07	364.09	305.15	303.67
Retained Earnings	1,226	384.1	126.58	209.5	195.54
Total Common Equity	1,483	1,098	645.36	668.15	652.71
Minority Interest	1,068	363.19	50.45	4.21	-
Shareholders' Equity	2,551	1,461	695.81	672.36	652.71
Total Liabilities & Equity	10,047	7,253	3,925	1,201	863.18
Total Debt	2,070	1,660	1,139	312.82	95.07
Net Cash (Debt)	2,672	720.24	70.45	-197.78	141.18
Net Cash Growth	270.92%	922.33%	-	-	-
Net Cash Per Share	13.46	3.85	0.46	-1.27	1.00
Filing Date Shares Outstanding	188.89	179.99	172.39	153.5	153.5
Total Common Shares Outstanding	188.89	179.99	154.69	153.5	153.5
Working Capital	2,622	642.52	-290.99	-52.8	121.85
Book Value Per Share	7.85	6.10	4.17	4.35	4.25
Tangible Book Value	1,402	1,039	584.77	615.11	599.3
Tangible Book Value Per Share	7.42	5.77	3.78	4.01	3.90
Buildings	617.05	616.41	613.66	370.04	368.64
Machinery	729.45	734.41	698.29	446.97	433.87
Construction In Progress	0.41	1.1	1.24	302.84	35.05

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