China Qinfa Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	491.34	1,026	302.73	856	1,030
Trading Asset Securities	30.96	-	-	-	20.11
Cash & Short-Term Investments	522.3	1,026	302.73	856	1,051
Cash Growth	-49.07%	238.76%	-64.63%	-18.52%	578.20%
Accounts Receivable	131.99	74.2	65.74	178.87	182.42
Other Receivables	-	275.28	260.24	270.02	191.71
Receivables	131.99	349.47	325.98	448.89	374.13
Inventory	408.22	435.42	201.05	453.53	322.49
Prepaid Expenses	448.11	-	-	12.66	30.81
Other Current Assets	612.4	265.15	1,017	234.03	93.87
Total Current Assets	2,123	2,076	1,846	2,005	1,872
Property, Plant & Equipment	3,532	4,444	4,119	3,450	3,009
Long-Term Investments	-	9.81	-	-	-
Other Intangible Assets	999.42	1,427	1,864	2,367	2,990
Other Long-Term Assets	-	673.05	28.33	27.86	25.5
Total Assets	6,655	8,629	7,858	7,851	7,897
Accounts Payable	84.75	325.43	420.6	479.82	460.41
Accrued Expenses	-	300.91	461.48	491.07	463.28
Short-Term Debt	547.15	469.5	531	590.99	638
Current Portion of Long-Term Debt	-	268.49	1,345	2,856	837.85
Current Portion of Leases	6.8	6.59	3.49	8.79	8.83
Current Income Taxes Payable	4.61	232.8	289.66	350.1	469.92
Current Unearned Revenue	-	146	17.94	22.87	42.25
Other Current Liabilities	1,198	2,421	2,102	1,361	1,660
Total Current Liabilities	1,842	4,171	5,171	6,161	4,581
Long-Term Debt	1,310	446.5	1,690	73.31	2,217
Long-Term Leases	5.39	7.03	7.32	1.53	6.93
Long-Term Unearned Revenue	-	19.34	16.39	-	-
Long-Term Deferred Tax Liabilities	0.05	395.05	538.5	621.93	631.28
Other Long-Term Liabilities	803.62	104.63	115.32	179.61	144.09
Total Liabilities	3,961	5,143	7,539	7,037	7,580
Common Stock	215.29	215.2	211.22	211.22	211.22
Additional Paid-In Capital	-	316.11	307.83	313.11	318.16
Retained Earnings	-	959.87	904.48	784.62	747.34
Comprehensive Income & Other	1,854	480.61	-1,896	-1,296	-1,727
Total Common Equity	2,070	1,972	-472.87	13.11	-450.1
Minority Interest	624.36	1,514	791.79	800.11	766.61
Shareholders' Equity	2,694	3,486	318.92	813.21	316.52
Total Liabilities & Equity	6,655	8,629	7,858	7,851	7,897
Total Debt	1,869	1,198	3,577	3,531	3,708
Net Cash (Debt)	-1,347	-172.57	-3,274	-2,675	-2,658
Net Cash Per Share	-0.56	-0.07	-1.25	-1.02	-1.02
Filing Date Shares Outstanding	2,264	2,536	2,493	2,493	2,493
Total Common Shares Outstanding	2,264	2,536	2,493	2,493	2,493
Working Capital	281.33	-2,095	-3,325	-4,156	-2,709
Book Value Per Share	0.91	0.72	-0.25	-0.06	-0.24
Tangible Book Value	1,070	544.87	-2,337	-2,354	-3,440
Tangible Book Value Per Share	0.47	0.15	-1.00	-1.01	-1.44
Buildings	-	408.06	249.47	-	-
Machinery	-	3,154	2,325	2,117	1,927
Construction In Progress	-	1,609	2,399	1,747	1,216

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