Huarong Chemical 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	291.3	259.66	310.55	434.26	566.2	282.45
Trading Asset Securities	908.15	1,128	1,253	1,449	1,053	-
Cash & Short-Term Investments	1,199	1,388	1,564	1,883	1,619	282.45
Cash Growth	-24.12%	-11.24%	-16.96%	16.29%	473.30%	-7.71%
Accounts Receivable	516.35	430.5	290.99	171.87	198.85	126.2
Other Receivables	4.28	4.65	3.65	3.2	2.64	1.52
Receivables	520.62	435.15	294.64	175.07	201.49	127.73
Inventory	90.12	89.73	72.22	43.85	46.78	89.23
Prepaid Expenses	-	0.3	3.77	1.44	2.96	0
Other Current Assets	217.13	172.02	93.15	56.75	54.86	24.92
Total Current Assets	2,027	2,085	2,027	2,160	1,925	524.33
Property, Plant & Equipment	304.09	310.69	282.27	279.49	241.75	215.64
Other Intangible Assets	19.33	19.93	23.01	25.3	18.97	20.3
Long-Term Deferred Tax Assets	11	7.95	6.17	6.73	4.41	5.7
Long-Term Deferred Charges	26.96	25.87	22.86	22.13	20.08	12.84
Other Long-Term Assets	2.67	3.27	9.53	2.43	6.71	5.27
Total Assets	2,391	2,453	2,371	2,496	2,217	784.09
Accounts Payable	223.25	240.03	56.06	49.51	91.17	32.12
Accrued Expenses	19.99	30.28	32.68	34.25	19.1	19.8
Short-Term Debt	182.29	291.39	409.66	601.58	345.13	7.67
Current Portion of Leases	0.59	0.55	0.4	0.72	0.45	-
Current Income Taxes Payable	15.12	1.18	1.15	7.15	8.24	0.46
Current Unearned Revenue	88.34	56.79	22.12	11.88	22.09	13.4
Other Current Liabilities	114.75	103.51	117.58	38.43	67.57	48.1
Total Current Liabilities	644.33	723.73	639.66	743.51	553.75	121.56
Long-Term Leases	0.14	-	0.07	0.37	0.45	-
Long-Term Unearned Revenue	1.57	1.66	-	-	7.12	7.12
Long-Term Deferred Tax Liabilities	0.38	0.3	0.19	0.39	0.36	-
Other Long-Term Liabilities	-	-	0.31	1.92	2.57	1.34
Total Liabilities	646.41	725.68	640.22	746.19	564.25	130.02
Common Stock	480	480	480	480	480	360
Additional Paid-In Capital	876.96	876.96	876.96	876.96	876.96	95.53
Retained Earnings	385.98	368.6	373.61	393.12	292.84	194.69
Comprehensive Income & Other	2.02	1.47	0.47	0.02	3.29	3.84
Shareholders' Equity	1,745	1,727	1,731	1,750	1,653	654.07
Total Liabilities & Equity	2,391	2,453	2,371	2,496	2,217	784.09
Total Debt	183.02	291.94	410.13	602.68	346.03	7.67
Net Cash (Debt)	1,016	1,096	1,153	1,280	1,273	274.78
Net Cash Growth	-11.18%	-5.00%	-9.91%	0.56%	363.38%	-7.19%
Net Cash Per Share	2.23	2.29	2.41	2.68	2.81	0.76
Filing Date Shares Outstanding	480	480	480	480	480	480
Total Common Shares Outstanding	480	480	480	480	480	360
Working Capital	1,383	1,361	1,388	1,417	1,372	402.77
Book Value Per Share	3.64	3.60	3.61	3.65	3.44	1.82
Tangible Book Value	1,726	1,707	1,708	1,725	1,634	633.77
Tangible Book Value Per Share	3.60	3.56	3.56	3.59	3.40	1.76
Buildings	-	156.23	146.73	146.62	111.82	92.22
Machinery	-	422.19	386.43	377.04	347.92	290.02
Construction In Progress	-	28.84	35.22	37.47	84.8	120.13

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