Canggang Railway 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	108.05	155.99	112.39	193.8	160.79
Cash & Short-Term Investments	108.05	155.99	112.39	193.8	160.79
Cash Growth	-30.73%	38.79%	-42.01%	20.53%	-29.21%
Accounts Receivable	76.18	81.27	71.36	83.35	98.72
Other Receivables	21.48	8.05	9.8	7.64	11.54
Receivables	97.66	89.32	110.16	90.99	110.26
Inventory	90.61	83.16	117.1	58.48	14.14
Other Current Assets	1.39	1.48	2.91	2.06	5.67
Total Current Assets	297.71	329.96	342.56	345.33	290.86
Property, Plant & Equipment	1,090	965.94	971.37	958.47	972.56
Long-Term Investments	72.12	38.42	-	7.31	10.52
Long-Term Deferred Tax Assets	0.84	0.96	6.38	5.79	5.52
Other Long-Term Assets	7.65	39.27	5.67	2.06	2.46
Total Assets	1,469	1,375	1,326	1,319	1,282
Accounts Payable	23.67	23.44	19.5	27.59	27.76
Accrued Expenses	3.02	1.91	5.05	10.65	7.18
Current Portion of Long-Term Debt	217.14	157.16	202.07	184.77	160.53
Current Income Taxes Payable	4.84	8.37	7.63	13.81	11.67
Current Unearned Revenue	24.72	6.27	7.11	2.38	2.5
Other Current Liabilities	6.14	5.8	18.85	18.51	54.76
Total Current Liabilities	279.52	202.94	260.22	257.71	264.39
Long-Term Debt	315.84	364.61	290.68	272.64	213.09
Long-Term Unearned Revenue	32.05	-	-	-	-
Total Liabilities	627.41	567.55	550.9	530.35	477.48
Common Stock	8.61	8.61	8.61	8.61	8.61
Additional Paid-In Capital	107.87	107.87	107.87	107.87	140.36
Retained Earnings	703.29	668.56	634.1	603.12	535.05
Comprehensive Income & Other	-5.92	-5.79	-4.63	39.48	90.73
Total Common Equity	813.85	779.24	745.95	759.08	774.74
Minority Interest	27.39	27.75	29.13	29.54	29.7
Shareholders' Equity	841.24	807	775.08	788.62	804.43
Total Liabilities & Equity	1,469	1,375	1,326	1,319	1,282
Total Debt	532.98	521.77	492.76	457.41	373.61
Net Cash (Debt)	-424.93	-365.78	-380.36	-263.61	-212.82
Net Cash Per Share	-0.11	-0.10	-0.10	-0.07	-0.05
Filing Date Shares Outstanding	3,848	3,985	3,939	3,909	4,000
Total Common Shares Outstanding	3,848	3,985	3,939	3,909	4,000
Working Capital	18.2	127.01	82.34	87.62	26.47
Book Value Per Share	0.21	0.20	0.19	0.19	0.19
Tangible Book Value	813.85	779.24	745.95	759.08	774.74
Tangible Book Value Per Share	0.21	0.20	0.19	0.19	0.19
Buildings	193.52	193.79	188.2	185.71	183.67
Machinery	289.53	229.04	230.2	222.76	216.74
Construction In Progress	67.78	32.25	26.48	17.18	43.77

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