Yadong Group 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	137.26	65.02	100.24	61.41	32.48
Short-Term Investments	20.16	19.47	66.75	65.16	89.83
Cash & Short-Term Investments	157.42	84.49	166.98	126.58	122.31
Cash Growth	86.32%	-49.40%	31.92%	3.49%	-5.36%
Accounts Receivable	345.64	292.12	274.12	182.1	169.39
Other Receivables	6.03	29.37	4.52	10.45	6.58
Receivables	351.67	321.49	278.63	192.56	175.98
Inventory	111.55	119.97	122.31	188.96	127.92
Other Current Assets	24.64	96.96	17.68	31.55	83.55
Total Current Assets	645.28	622.91	585.61	539.64	509.75
Property, Plant & Equipment	511.76	196.3	187.36	179.02	127.13
Other Intangible Assets	0.13	0.11	0.22	0.22	0.34
Long-Term Deferred Tax Assets	0.34	0.38	0.48	1.19	0.88
Other Long-Term Assets	47.32	45.3	46.82	48.35	35
Total Assets	1,205	864.99	820.5	768.43	673.11
Accounts Payable	248.48	189.76	155.51	139.3	149.65
Accrued Expenses	26.25	18.59	16.39	15.44	40.15
Short-Term Debt	-	-	310.39	288.35	219.99
Current Portion of Long-Term Debt	229.24	218.6	2.47	-	-
Current Portion of Leases	33.66	21.75	1.02	7.58	0.09
Current Income Taxes Payable	0.36	2.93	9.38	2.15	8.86
Current Unearned Revenue	2.43	2.12	2.98	1.66	9.58
Other Current Liabilities	85.75	30.44	28.63	37.29	1.42
Total Current Liabilities	626.17	484.2	526.77	491.75	429.72
Long-Term Debt	144.55	57.79	-	-	-
Long-Term Leases	37.97	12.73	0.51	1.02	-
Long-Term Deferred Tax Liabilities	17.38	17.01	17.01	16.53	15.12
Total Liabilities	826.07	571.73	544.29	509.3	444.84
Common Stock	5.04	5.04	5.04	5.04	5.04
Additional Paid-In Capital	25.05	25.05	41.67	57.95	73.41
Retained Earnings	312.42	274.54	237.52	202.99	153.06
Comprehensive Income & Other	2.58	-11.36	-8.01	-6.85	-3.24
Total Common Equity	345.08	293.26	276.22	259.13	228.27
Minority Interest	33.67	-	-	-	-
Shareholders' Equity	378.74	293.26	276.22	259.13	228.27
Total Liabilities & Equity	1,205	864.99	820.5	768.43	673.11
Total Debt	445.42	310.87	314.39	296.95	220.07
Net Cash (Debt)	-288	-226.38	-147.41	-170.37	-97.76
Net Cash Per Share	-0.48	-0.38	-0.25	-0.28	-0.16
Filing Date Shares Outstanding	600	600	600	600	600
Total Common Shares Outstanding	600	600	600	600	600
Working Capital	19.1	138.71	58.84	47.89	80.04
Book Value Per Share	0.58	0.49	0.46	0.43	0.38
Tangible Book Value	344.95	293.15	275.99	258.91	227.93
Tangible Book Value Per Share	0.57	0.49	0.46	0.43	0.38
Buildings	40.79	39.73	39.73	39.73	43.89
Machinery	180.51	151.03	140.8	124.4	100.76
Construction In Progress	198.98	5.19	0.92	2.3	10.87
Leasehold Improvements	67.18	51.07	39.31	20.07	14.22

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