Weihai Honglin Electronic 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	361.62	738.4	1,080	1,171	115.01	171.83
Trading Asset Securities	-	-	-	230.74	-	-
Cash & Short-Term Investments	361.62	738.4	1,080	1,401	115.01	171.83
Cash Growth	-59.16%	-31.60%	-22.97%	1118.56%	-33.07%	40.29%
Accounts Receivable	1,872	1,758	1,454	1,117	663.8	790.72
Other Receivables	20.97	26.55	33.37	4.92	5.88	4.58
Receivables	1,893	1,785	1,487	1,122	669.68	795.3
Inventory	792.05	671.72	606.02	503.4	360.74	429.51
Prepaid Expenses	-	-	-	-	2.47	-
Other Current Assets	270.03	183.52	152.95	123.44	61.54	74.41
Total Current Assets	3,317	3,378	3,325	3,150	1,209	1,471
Property, Plant & Equipment	1,448	1,466	904.59	604.09	520.29	461.55
Goodwill	40.32	40.32	-	-	-	-
Other Intangible Assets	97.65	98.47	90.54	80.56	16.79	17.19
Long-Term Deferred Tax Assets	2.93	3.23	1.28	0.19	5.06	1.8
Long-Term Deferred Charges	4.37	4.81	2.83	3.39	3.59	-
Other Long-Term Assets	20.45	18.48	39.06	21.65	0.18	0.18
Total Assets	4,931	5,009	4,364	3,860	1,755	1,952
Accounts Payable	1,429	1,455	1,252	933.08	553.78	625.04
Accrued Expenses	23.61	27.49	25.69	25.9	20.36	24.79
Short-Term Debt	139.54	201.25	44.86	-	139.6	529.36
Current Portion of Long-Term Debt	35.43	28.61	36.66	0.03	0.07	-
Current Portion of Leases	-	4.79	1.66	0.89	-	-
Current Income Taxes Payable	3.36	3.59	2.86	6.35	-	0.2
Current Unearned Revenue	9.58	11.02	0.69	2.11	1.78	0.89
Other Current Liabilities	0.13	1.96	1.58	2.08	1.49	1.58
Total Current Liabilities	1,641	1,733	1,366	970.45	717.08	1,182
Long-Term Debt	176.68	160.85	85.55	40	77.3	-
Long-Term Leases	4.1	5.33	5.27	6.81	-	-
Long-Term Unearned Revenue	2.09	2.18	1.98	2.13	1.79	1.91
Long-Term Deferred Tax Liabilities	1.49	1.61	-	-	4.28	-
Total Liabilities	1,825	1,903	1,459	1,019	800.45	1,184
Common Stock	389.1	389.1	389.1	389.1	291.82	291.82
Additional Paid-In Capital	1,662	1,662	1,662	1,662	61.61	61.61
Retained Earnings	971.51	916.33	793.33	752.47	596.92	417.65
Comprehensive Income & Other	22.04	77.44	33.02	11.87	3.92	-3.8
Total Common Equity	3,045	3,045	2,878	2,815	954.27	767.28
Minority Interest	60.73	61.11	26.99	24.79	0.62	0.71
Shareholders' Equity	3,105	3,106	2,904	2,840	954.89	768
Total Liabilities & Equity	4,931	5,009	4,364	3,860	1,755	1,952
Total Debt	355.75	400.83	174	47.73	216.97	529.36
Net Cash (Debt)	5.87	337.58	905.56	1,354	-101.96	-357.52
Net Cash Growth	-99.02%	-62.72%	-33.11%	-	-	-
Net Cash Per Share	0.02	0.87	2.35	3.73	-0.35	-1.23
Filing Date Shares Outstanding	389.1	389.1	389.1	389.1	389.1	389.1
Total Common Shares Outstanding	389.1	389.1	389.1	389.1	291.82	291.82
Working Capital	1,676	1,645	1,959	2,179	492.36	289.19
Book Value Per Share	7.82	7.83	7.40	7.24	3.27	2.63
Tangible Book Value	2,907	2,906	2,787	2,735	937.49	750.1
Tangible Book Value Per Share	7.47	7.47	7.16	7.03	3.21	2.57
Land	-	55.39	50.2	50.2	44.11	27.09
Buildings	-	765.39	404.49	360.22	307.2	284.16
Machinery	-	708.15	448.69	364.56	317.2	299
Construction In Progress	-	277.17	276.59	61.59	62.76	31.05

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