Fujian Wanchen Food Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	5,756	4,742	2,381	1,210	115.04	216.21
Trading Asset Securities	-	-	-	-	-	20.03
Cash & Short-Term Investments	5,756	4,742	2,381	1,210	115.04	236.24
Cash Growth	67.52%	99.18%	96.80%	951.57%	-51.30%	604.37%
Accounts Receivable	10.01	14.29	19.42	27.17	14.59	9.57
Other Receivables	82.51	96.43	66.05	122.87	4.61	0.57
Receivables	92.52	110.71	85.47	150.05	19.2	10.13
Inventory	2,537	2,358	2,141	733.29	100.11	55.37
Prepaid Expenses	-	-	-	-	1.48	-
Other Current Assets	1,687	1,680	1,163	256.2	42.87	0.64
Total Current Assets	10,073	8,891	5,771	2,349	278.69	302.39
Property, Plant & Equipment	987.24	983.13	1,271	1,371	796.9	506.33
Long-Term Investments	-	-	-	-	0.24	-
Other Intangible Assets	140.69	80.97	59.52	60.59	53.04	53.41
Long-Term Accounts Receivable	1.6	2.26	3.02	0.73	0.12	-
Long-Term Deferred Tax Assets	92.32	62.08	95.12	74.64	11.9	-
Long-Term Deferred Charges	54.25	24.75	37.5	51.2	4.9	-
Other Long-Term Assets	5.01	3.46	16.79	18.07	55.35	1.05
Total Assets	11,354	10,047	7,253	3,925	1,201	863.18

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	2,857	3,075	2,094	943.17	117.38	59.68
Accrued Expenses	404.83	458.82	301.32	115.67	27.06	13.18
Short-Term Debt	423.47	636.57	956.01	510.77	148.37	64.78
Current Portion of Long-Term Debt	188.28	184.18	12.67	9.28	6.54	30.04
Current Portion of Leases	106.66	111.06	155	146.03	16.17	0.08
Current Income Taxes Payable	300.44	292.25	208.09	54.68	0.01	5.61
Current Unearned Revenue	367.52	308.16	312.17	169.71	8.93	1.17
Other Current Liabilities	1,288	1,203	1,089	690.9	7.03	6
Total Current Liabilities	5,936	6,269	5,128	2,640	331.49	180.54
Long-Term Debt	815.59	974.32	237.48	148.35	110.5	-
Long-Term Leases	204.43	164.12	299.21	324.81	31.24	0.17
Long-Term Unearned Revenue	30.06	31.92	36.12	40.45	43.62	29.77
Long-Term Deferred Tax Liabilities	74.91	57.26	91.17	75.72	11.93	-
Total Liabilities	7,061	7,497	5,792	3,230	528.79	210.47

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	197.33	188.89	179.99	154.69	153.5	153.5
Additional Paid-In Capital	224.95	68.05	534.07	364.09	305.15	303.67
Retained Earnings	2,274	1,226	384.1	126.58	209.5	195.54
Total Common Equity	2,696	1,483	1,098	645.36	668.15	652.71
Minority Interest	1,597	1,068	363.19	50.45	4.21	-
Shareholders' Equity	4,293	2,551	1,461	695.81	672.36	652.71
Total Liabilities & Equity	11,354	10,047	7,253	3,925	1,201	863.18

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	1,738	2,070	1,660	1,139	312.82	95.07
Net Cash (Debt)	4,017	2,672	720.24	70.45	-197.78	141.18
Net Cash Growth	132.19%	270.92%	922.33%	-	-	-
Net Cash Per Share	20.05	13.46	3.85	0.46	-1.27	1.00
Filing Date Shares Outstanding	197.33	188.89	179.99	172.39	153.5	153.5
Total Common Shares Outstanding	197.33	188.89	179.99	154.69	153.5	153.5
Working Capital	4,136	2,622	642.52	-290.99	-52.8	121.85
Book Value Per Share	13.66	7.85	6.10	4.17	4.35	4.25
Tangible Book Value	2,555	1,402	1,039	584.77	615.11	599.3
Tangible Book Value Per Share	12.95	7.42	5.77	3.78	4.01	3.90
Buildings	617.17	617.05	616.41	613.66	370.04	368.64
Machinery	742.8	729.45	734.41	698.29	446.97	433.87
Construction In Progress	0.59	0.41	1.1	1.24	302.84	35.05