Hualan 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	Sep '26 Sep 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	478.94	484.92	571.6	573.77	785.1	910.78
Short-Term Investments	-	-	-	-	-	0.63
Trading Asset Securities	120	50	60	100.23	-	-
Cash & Short-Term Investments	598.94	534.92	631.61	674	785.1	911.41
Cash Growth	10.23%	-15.31%	-6.29%	-14.15%	-13.86%	41.21%
Accounts Receivable	755.77	848.72	837.43	854.67	804.81	658.8
Other Receivables	8.22	8.28	12.51	13.13	17.74	23.17
Receivables	763.99	857	849.93	867.8	822.55	681.98
Prepaid Expenses	-	0.54	0.96	0.93	0.64	2
Other Current Assets	26.5	33.77	36	13.4	4.39	2.75
Total Current Assets	1,389	1,426	1,519	1,556	1,613	1,598
Property, Plant & Equipment	484.22	510.93	455.52	175.56	61.49	35.07
Long-Term Investments	30.11	30.15	29.46	33.87	32.64	32.45
Goodwill	0.98	0.98	0.98	0.98	-	0.21
Other Intangible Assets	15.31	19.08	23.26	27.39	27.44	29.38
Long-Term Deferred Tax Assets	142.19	139.34	107.9	83.92	56.75	31.62
Long-Term Deferred Charges	0.62	1.36	3.24	5.43	7.68	5.27
Other Long-Term Assets	43.24	41.9	74.17	85.26	59.87	59.8
Total Assets	2,106	2,170	2,213	1,969	1,859	1,792

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	120.67	127.7	169.72	86.79	70.42	49.11
Accrued Expenses	459.83	534.71	458.97	446.4	439.72	421.96
Short-Term Debt	27.02	27	120.07	150.1	100.05	160.12
Current Portion of Long-Term Debt	40.01	24.71	21.21	8.32	1.99	-
Current Portion of Leases	-	7.08	7.3	8.3	7.32	7.65
Current Income Taxes Payable	10.27	20.5	23.61	24.56	25.22	25.36
Current Unearned Revenue	77.07	61.43	58.8	65.4	58.39	68.61
Other Current Liabilities	75.19	83.12	115.17	107.03	156.7	119.7
Total Current Liabilities	810.06	886.26	974.84	896.89	859.81	852.5
Long-Term Debt	162.35	178.45	173.03	65.45	12.82	-
Long-Term Leases	58.9	62.98	35.75	15.11	10.29	7.06
Long-Term Unearned Revenue	1	1	-	0.59	0.75	1.66
Long-Term Deferred Tax Liabilities	3.68	3.9	3.08	3.54	2.55	-
Other Long-Term Liabilities	129.83	107.54	63.07	4.28	10.08	7.02
Total Liabilities	1,166	1,240	1,250	985.86	896.31	868.24

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	147	147	147.86	148.29	147	147
Additional Paid-In Capital	381.18	381.17	386.89	395.43	390.88	390.41
Retained Earnings	388.66	379.27	414.39	428.25	413.63	382.42
Treasury Stock	-	-	-6.58	-9.87	-	-
Total Common Equity	916.84	907.44	942.57	962.1	951.51	919.83
Minority Interest	23.49	22.39	20.71	20.57	10.73	3.85
Shareholders' Equity	940.32	929.83	963.28	982.67	962.24	923.69
Total Liabilities & Equity	2,106	2,170	2,213	1,969	1,859	1,792

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	288.29	300.22	357.35	247.27	132.47	174.83
Net Cash (Debt)	310.64	234.69	274.25	426.73	652.63	736.58
Net Cash Growth	24.98%	-14.42%	-35.73%	-34.61%	-11.40%	48.72%
Net Cash Per Share	1.96	1.60	1.79	2.81	4.41	5.89
Filing Date Shares Outstanding	186.82	147	147	147	148.29	147
Total Common Shares Outstanding	186.82	147	147	147	147	147
Working Capital	579.43	539.97	543.66	659.23	752.86	745.64
Book Value Per Share	4.91	6.17	6.41	6.54	6.47	6.26
Tangible Book Value	900.55	887.38	918.32	933.74	924.07	890.24
Tangible Book Value Per Share	4.82	6.04	6.25	6.35	6.29	6.06
Buildings	-	74.68	74.09	74.23	63.77	63.77
Machinery	-	48.19	34.97	34	31.03	30.97
Construction In Progress	-	2.27	95.18	40.86	7.89	-