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	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	521.78	484.92	571.6	573.77	785.1	910.78
Short-Term Investments	-	-	-	-	-	0.63
Trading Asset Securities	-	50	60	100.23	-	-
Cash & Short-Term Investments	521.78	534.92	631.61	674	785.1	911.41
Cash Growth	6.84%	-15.31%	-6.29%	-14.15%	-13.86%	41.21%
Accounts Receivable	783.36	848.72	837.43	854.67	804.81	658.8
Other Receivables	9.2	8.28	12.51	13.13	17.74	23.17
Receivables	792.55	857	849.93	867.8	822.55	681.98
Prepaid Expenses	-	0.54	0.96	0.93	0.64	2
Other Current Assets	28.58	33.77	36	13.4	4.39	2.75
Total Current Assets	1,343	1,426	1,519	1,556	1,613	1,598
Property, Plant & Equipment	491.59	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	16.92	19.08	23.26	27.39	27.44	29.38
Long-Term Deferred Tax Assets	144.27	139.34	107.9	83.92	56.75	31.62
Long-Term Deferred Charges	0.72	1.36	3.24	5.43	7.68	5.27
Other Long-Term Assets	45.15	41.9	74.17	85.26	59.87	59.8
Total Assets	2,073	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	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	128.33	127.7	169.72	86.79	70.42	49.11
Accrued Expenses	435.29	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	41.11	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	7.21	20.5	23.61	24.56	25.22	25.36
Current Unearned Revenue	79.18	61.43	58.8	65.4	58.39	68.61
Other Current Liabilities	78	83.12	115.17	107.03	156.7	119.7
Total Current Liabilities	796.14	886.26	974.84	896.89	859.81	852.5
Long-Term Debt	168.69	178.45	173.03	65.45	12.82	-
Long-Term Leases	58.73	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	132.85	107.54	63.07	4.28	10.08	7.02
Total Liabilities	1,161	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	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	147	147	147.86	148.29	147	147
Additional Paid-In Capital	381.17	381.17	386.89	395.43	390.88	390.41
Retained Earnings	360.64	379.27	414.39	428.25	413.63	382.42
Treasury Stock	-	-	-6.58	-9.87	-	-
Total Common Equity	888.81	907.44	942.57	962.1	951.51	919.83
Minority Interest	22.77	22.39	20.71	20.57	10.73	3.85
Shareholders' Equity	911.58	929.83	963.28	982.67	962.24	923.69
Total Liabilities & Equity	2,073	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	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	295.56	300.22	357.35	247.27	132.47	174.83
Net Cash (Debt)	226.22	234.69	274.25	426.73	652.63	736.58
Net Cash Growth	65.14%	-14.42%	-35.73%	-34.61%	-11.40%	48.72%
Net Cash Per Share	1.58	1.60	1.79	2.81	4.41	5.89
Filing Date Shares Outstanding	149.19	147	147	147	148.29	147
Total Common Shares Outstanding	149.19	147	147	147	147	147
Working Capital	546.81	539.97	543.66	659.23	752.86	745.64
Book Value Per Share	5.96	6.17	6.41	6.54	6.47	6.26
Tangible Book Value	870.92	887.38	918.32	933.74	924.07	890.24
Tangible Book Value Per Share	5.84	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	-