Liaoning Port 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	6,829	6,698	5,280	5,228	5,286	4,683
Trading Asset Securities	-	0.55	0.55	-	-	-
Cash & Short-Term Investments	6,829	6,698	5,281	5,228	5,286	4,683
Cash Growth	16.09%	26.84%	1.00%	-1.09%	12.88%	-43.74%
Accounts Receivable	2,389	2,109	3,389	3,859	3,459	2,908
Other Receivables	657.77	520.93	392.66	390.48	321.68	418.96
Receivables	3,047	2,630	3,781	4,276	3,806	3,352
Inventory	124.93	125.19	125.28	133.31	135.59	113.8
Prepaid Expenses	-	86.68	62.66	13.71	11.14	-
Other Current Assets	209.23	265.61	426.25	465.6	489.72	534.96
Total Current Assets	10,210	9,806	9,676	10,117	9,729	8,684
Property, Plant & Equipment	37,150	37,649	39,493	36,301	37,922	38,724
Long-Term Investments	2,999	2,972	3,192	3,702	3,936	4,033
Goodwill	221.53	221.53	225.93	225.93	225.93	225.93
Other Intangible Assets	5,936	5,994	6,153	5,350	5,492	5,625
Long-Term Deferred Tax Assets	259.23	257.77	306.98	334.01	314.43	237.86
Long-Term Deferred Charges	65.1	75.03	115.98	74.1	69.25	61.92
Other Long-Term Assets	579.18	576.63	623.46	248.99	187.48	216.84
Total Assets	57,420	57,574	59,787	56,353	57,876	57,813
Accounts Payable	280.97	307.47	396.35	322.51	343.94	299.24
Accrued Expenses	247.26	691.67	695.33	405.13	392.83	388.98
Short-Term Debt	-	-	55.33	1,001	-	-
Current Portion of Long-Term Debt	942.71	146.44	2,115	2,217	4,322	1,169
Current Portion of Leases	-	161.88	168.11	160.9	156.34	140.95
Current Income Taxes Payable	141.75	140.17	79.76	127.43	105.13	101.99
Current Unearned Revenue	277.75	350.43	289.72	223.02	310.7	402.33
Other Current Liabilities	1,190	931.72	1,578	724	953.29	5,188
Total Current Liabilities	3,080	2,730	5,377	5,181	6,584	7,690
Long-Term Debt	4,637	5,384	5,170	2,563	3,212	3,507
Long-Term Leases	4,475	4,500	4,846	4,967	5,117	4,479
Long-Term Unearned Revenue	535.97	543.67	561.79	577.62	612.8	565.16
Long-Term Deferred Tax Liabilities	218.17	226.9	259.52	157.14	259.57	288.31
Other Long-Term Liabilities	17.5	157.16	169.58	177.86	188.21	229.81
Total Liabilities	12,964	13,542	16,384	13,624	15,974	16,760
Common Stock	23,572	23,572	23,905	23,987	23,987	23,987
Additional Paid-In Capital	8,762	8,762	8,983	9,013	9,092	9,022
Retained Earnings	8,108	7,749	7,006	6,335	5,493	4,785
Treasury Stock	-	-	-400.13	-	-	-
Comprehensive Income & Other	273.31	260.22	303.47	267.15	219.6	151.79
Total Common Equity	40,715	40,343	39,798	39,602	38,792	37,946
Minority Interest	3,741	3,689	3,605	3,127	3,111	3,108
Shareholders' Equity	44,456	44,032	43,403	42,729	41,902	41,054
Total Liabilities & Equity	57,420	57,574	59,787	56,353	57,876	57,813
Total Debt	10,054	10,193	12,354	10,909	12,807	9,296
Net Cash (Debt)	-3,226	-3,495	-7,073	-5,681	-7,521	-4,613
Net Cash Per Share	-0.14	-0.15	-0.30	-0.24	-0.31	-0.20
Filing Date Shares Outstanding	23,572	23,572	23,668	23,987	23,987	23,987
Total Common Shares Outstanding	23,572	23,572	23,668	23,987	23,987	23,987
Working Capital	7,130	7,076	4,299	4,935	3,145	994.32
Book Value Per Share	1.73	1.71	1.68	1.65	1.62	1.58
Tangible Book Value	34,558	34,128	33,418	34,026	33,074	32,095
Tangible Book Value Per Share	1.47	1.45	1.41	1.42	1.38	1.34
Buildings	-	3,710	3,724	3,508	3,508	3,491
Machinery	-	17,753	17,733	16,737	16,054	15,687
Construction In Progress	-	3,023	2,703	1,811	2,243	2,697

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