Angang Steel Company 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,203	3,913	4,544	3,319	5,093	5,398
Short-Term Investments	-	597	927	-	-	-
Trading Asset Securities	19	20	15	-	-	-
Cash & Short-Term Investments	4,222	4,530	5,486	3,319	5,093	5,398
Cash Growth	26.90%	-17.43%	65.29%	-34.83%	-5.65%	1.29%
Accounts Receivable	4,906	4,878	3,925	3,520	4,835	3,763
Other Receivables	92	585	874	851	221	932
Receivables	4,998	5,463	4,799	4,371	5,056	4,695
Inventory	10,956	11,993	14,769	16,611	13,575	19,059
Other Current Assets	3,451	2,506	3,196	3,120	5,508	3,389
Total Current Assets	23,627	24,492	28,250	27,421	29,232	32,541
Property, Plant & Equipment	57,212	57,750	57,767	55,682	54,478	53,891
Long-Term Investments	5,103	5,028	4,634	4,249	3,843	3,610
Other Intangible Assets	6,257	6,352	6,710	6,900	6,553	6,430
Long-Term Deferred Tax Assets	2,167	2,169	2,296	2,272	1,562	744
Other Long-Term Assets	168	256	921	982	1,323	1,436
Total Assets	94,534	96,047	100,578	97,506	96,991	98,652
Accounts Payable	24,956	25,226	26,238	24,666	20,597	18,056
Accrued Expenses	154	226	232	216	346	391
Short-Term Debt	7,910	8,070	1,174	1,380	1,579	650
Current Portion of Long-Term Debt	86	546	700	-	4,260	601
Current Portion of Leases	-	73	-	-	-	-
Current Income Taxes Payable	154	15	5	10	64	30
Current Unearned Revenue	4,841	4,738	4,557	5,190	6,393	8,631
Other Current Liabilities	3,832	4,728	6,533	3,969	2,915	2,266
Total Current Liabilities	41,933	43,622	39,439	35,431	36,154	30,625
Long-Term Debt	7,693	6,121	10,991	5,498	899	5,113
Long-Term Leases	36	36	125	2	226	346
Long-Term Unearned Revenue	916	924	844	685	523	543
Long-Term Deferred Tax Liabilities	10	1	91	106	347	157
Other Long-Term Liabilities	321	361	417	179	179	631
Total Liabilities	50,949	51,065	51,907	41,901	38,328	37,415
Common Stock	9,369	9,369	9,383	9,384	9,403	9,405
Additional Paid-In Capital	34,155	34,155	33,920	33,906	33,879	34,624
Retained Earnings	-1,389	68	4,136	11,258	14,575	16,631
Treasury Stock	-	-	-27	-32	-96	-100
Comprehensive Income & Other	313	288	267	245	245	151
Total Common Equity	42,448	43,880	47,679	54,761	58,006	60,711
Minority Interest	1,137	1,102	992	844	657	526
Shareholders' Equity	43,585	44,982	48,671	55,605	58,663	61,237
Total Liabilities & Equity	94,534	96,047	100,578	97,506	96,991	98,652
Total Debt	15,725	14,846	12,990	6,880	6,964	6,710
Net Cash (Debt)	-11,503	-10,316	-7,504	-3,561	-1,871	-1,312
Net Cash Per Share	-1.23	-1.10	-0.80	-0.38	-0.19	-0.14
Filing Date Shares Outstanding	9,369	9,369	9,369	9,384	11,701	9,415
Total Common Shares Outstanding	9,369	9,369	9,383	9,384	11,701	9,415
Working Capital	-18,306	-19,130	-11,189	-8,010	-6,922	1,916
Book Value Per Share	4.53	4.68	5.08	5.84	4.96	6.45
Tangible Book Value	36,191	37,528	40,969	47,861	51,453	54,281
Tangible Book Value Per Share	3.86	4.01	4.37	5.10	4.40	5.77
Buildings	-	38,126	37,121	35,916	34,933	33,437
Machinery	-	97,768	92,358	87,701	84,077	84,005
Construction In Progress	-	2,373	5,802	6,887	6,732	4,644

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