Xinda Investment Holdings 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	88.33	41.65	227.71	205.38	222.32
Short-Term Investments	227.19	227.08	43.05	33.92	31.69
Cash & Short-Term Investments	315.52	268.73	270.76	239.31	254.01
Cash Growth	17.41%	-0.75%	13.14%	-5.79%	2.17%
Accounts Receivable	321.15	391.65	395.85	372.95	367.68
Other Receivables	-	-	-	-	53.66
Receivables	321.15	391.65	395.85	372.95	421.33
Inventory	2.47	2.95	4.86	6.67	30.81
Restricted Cash	32.59	1.89	0.04	7.82	18.34
Other Current Assets	-0.17	-0.1	0.75	2.44	4.14
Total Current Assets	671.56	665.11	672.26	629.17	728.63
Property, Plant & Equipment	269.22	297.26	355.66	437.05	447.65
Long-Term Investments	-	-	-	-	265.85
Goodwill	-	9.82	9.82	17.12	0.91
Other Intangible Assets	53.3	55.04	57.62	60.29	3.8
Long-Term Deferred Tax Assets	3.54	3.59	3.25	3.53	33.04
Other Long-Term Assets	36.47	37.82	37.99	32.65	19.73
Total Assets	1,034	1,069	1,137	1,180	1,500
Accounts Payable	13	16.09	15.85	17.59	23.56
Accrued Expenses	30.08	41.98	36.86	39.21	41.33
Current Portion of Long-Term Debt	40.2	43	26.9	25.8	24.7
Current Portion of Leases	0.69	0.89	2.77	0.7	0.63
Current Income Taxes Payable	8.82	11.75	11.73	12.06	12.25
Current Unearned Revenue	7.41	7.94	8.9	8.67	14.24
Total Current Liabilities	100.18	121.65	103.01	104.02	116.7
Long-Term Debt	65.1	90.6	133.6	160.5	186.3
Long-Term Leases	11.76	11.91	10.49	12.46	12.11
Long-Term Unearned Revenue	20.91	21.48	22.3	17.67	2.07
Long-Term Deferred Tax Liabilities	14.44	15.02	15.78	18.85	10.85
Total Liabilities	212.39	260.66	285.18	313.5	328.03
Common Stock	12.26	12.26	12.26	12.26	12.26
Additional Paid-In Capital	-	1,090	1,090	1,090	1,090
Retained Earnings	-332.17	-296.46	-272.05	-253.87	52.5
Comprehensive Income & Other	1,157	15.05	17.54	12.03	11.39
Total Common Equity	837.17	821.2	848.11	860.77	1,166
Minority Interest	-15.47	-13.2	3.31	5.53	5.09
Shareholders' Equity	821.7	807.99	851.41	866.3	1,172
Total Liabilities & Equity	1,034	1,069	1,137	1,180	1,500
Total Debt	117.74	146.4	173.75	199.46	223.74
Net Cash (Debt)	197.78	122.33	97	39.84	30.27
Net Cash Growth	61.68%	26.11%	143.46%	31.63%	2262.84%
Net Cash Per Share	0.13	0.08	0.07	0.03	0.02
Filing Date Shares Outstanding	1,485	1,485	1,485	1,485	1,485
Total Common Shares Outstanding	1,485	1,485	1,485	1,485	1,485
Working Capital	571.38	543.46	569.25	525.15	611.93
Book Value Per Share	0.56	0.55	0.57	0.58	0.79
Tangible Book Value	783.87	756.33	780.66	783.36	1,162
Tangible Book Value Per Share	0.53	0.51	0.53	0.53	0.78
Buildings	-	16.92	16.92	16.92	16.99
Machinery	-	580.3	580.11	578.72	567.51
Construction In Progress	-	-	0.03	0.03	4.35

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.