Fujian Wanchen Food Group 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	5,407	4,742	2,381	1,210	115.04	216.21
Trading Asset Securities	-	-	-	-	-	20.03
Cash & Short-Term Investments	5,407	4,742	2,381	1,210	115.04	236.24
Cash Growth	80.47%	99.18%	96.80%	951.57%	-51.30%	604.37%
Accounts Receivable	18.69	14.29	19.42	27.17	14.59	9.57
Other Receivables	65.79	96.43	66.05	122.87	4.61	0.57
Receivables	84.48	110.71	85.47	150.05	19.2	10.13
Inventory	2,350	2,358	2,141	733.29	100.11	55.37
Prepaid Expenses	-	-	-	-	1.48	-
Other Current Assets	1,655	1,680	1,163	256.2	42.87	0.64
Total Current Assets	9,496	8,891	5,771	2,349	278.69	302.39
Property, Plant & Equipment	1,014	983.13	1,271	1,371	796.9	506.33
Long-Term Investments	-	-	-	-	0.24	-
Other Intangible Assets	142.08	80.97	59.52	60.59	53.04	53.41
Long-Term Accounts Receivable	1.75	2.26	3.02	0.73	0.12	-
Long-Term Deferred Tax Assets	75.6	62.08	95.12	74.64	11.9	-
Long-Term Deferred Charges	29	24.75	37.5	51.2	4.9	-
Other Long-Term Assets	2.3	3.46	16.79	18.07	55.35	1.05
Total Assets	10,761	10,047	7,253	3,925	1,201	863.18
Accounts Payable	2,853	3,075	2,094	943.17	117.38	59.68
Accrued Expenses	164.47	458.82	301.32	115.67	27.06	13.18
Short-Term Debt	639.85	636.57	956.01	510.77	148.37	64.78
Current Portion of Long-Term Debt	281.86	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	411.43	292.25	208.09	54.68	0.01	5.61
Current Unearned Revenue	305.36	308.16	312.17	169.71	8.93	1.17
Other Current Liabilities	1,471	1,203	1,089	690.9	7.03	6
Total Current Liabilities	6,127	6,269	5,128	2,640	331.49	180.54
Long-Term Debt	891.63	974.32	237.48	148.35	110.5	-
Long-Term Leases	216.69	164.12	299.21	324.81	31.24	0.17
Long-Term Unearned Revenue	30.99	31.92	36.12	40.45	43.62	29.77
Long-Term Deferred Tax Liabilities	70.79	57.26	91.17	75.72	11.93	-
Total Liabilities	7,337	7,497	5,792	3,230	528.79	210.47
Common Stock	191.29	188.89	179.99	154.69	153.5	153.5
Additional Paid-In Capital	131.59	68.05	534.07	364.09	305.15	303.67
Retained Earnings	1,693	1,226	384.1	126.58	209.5	195.54
Total Common Equity	2,016	1,483	1,098	645.36	668.15	652.71
Minority Interest	1,407	1,068	363.19	50.45	4.21	-
Shareholders' Equity	3,424	2,551	1,461	695.81	672.36	652.71
Total Liabilities & Equity	10,761	10,047	7,253	3,925	1,201	863.18
Total Debt	2,030	2,070	1,660	1,139	312.82	95.07
Net Cash (Debt)	3,377	2,672	720.24	70.45	-197.78	141.18
Net Cash Growth	180.94%	270.92%	922.33%	-	-	-
Net Cash Per Share	16.99	13.46	3.85	0.46	-1.27	1.00
Filing Date Shares Outstanding	194.22	188.89	179.99	172.39	153.5	153.5
Total Common Shares Outstanding	191.29	188.89	179.99	154.69	153.5	153.5
Working Capital	3,369	2,622	642.52	-290.99	-52.8	121.85
Book Value Per Share	10.54	7.85	6.10	4.17	4.35	4.25
Tangible Book Value	1,874	1,402	1,039	584.77	615.11	599.3
Tangible Book Value Per Share	9.80	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.