China Starch 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	1,859	2,210	899.83	1,003	1,001
Cash & Short-Term Investments	1,859	2,210	899.83	1,003	1,001
Cash Growth	-15.90%	145.59%	-10.29%	0.20%	193.00%
Accounts Receivable	357.29	363.74	403.28	385.13	351.66
Other Receivables	27.46	21.6	14.44	8.94	7.62
Receivables	384.75	385.35	417.73	394.06	359.28
Inventory	771.98	611.09	730.68	866.4	602.31
Prepaid Expenses	124.99	52.99	149.34	195.49	235.08
Other Current Assets	995.64	1,160	500.06	207.58	-
Total Current Assets	4,136	4,419	2,698	2,667	2,198
Property, Plant & Equipment	2,465	2,430	2,588	2,328	2,451
Long-Term Investments	26.97	23.42	21.95	10	1.56
Other Intangible Assets	75.52	-	-	-	-
Long-Term Deferred Tax Assets	-	-	14.72	62	50.91
Other Long-Term Assets	119.8	86.57	29.91	38.95	17.56
Total Assets	6,823	6,959	5,353	5,106	4,719
Accounts Payable	371.21	159.69	136.44	196.5	195.78
Accrued Expenses	121.86	112.43	84.85	81.4	100.39
Current Portion of Long-Term Debt	1,020	1,420	559.37	285.93	108.18
Current Portion of Leases	0.31	-	-	-	0.44
Current Income Taxes Payable	-	64.11	-	54.52	75.61
Current Unearned Revenue	-	-	174.41	204.01	268.87
Other Current Liabilities	415.39	402.06	237.31	143.58	144.92
Total Current Liabilities	1,929	2,159	1,192	965.93	894.17
Long-Term Debt	60.52	59.27	-	-	3
Long-Term Leases	12.6	-	-	-	-
Long-Term Unearned Revenue	78.8	142.04	164.75	244.72	259.41
Long-Term Deferred Tax Liabilities	91.4	105.34	58.95	73.41	70.55
Total Liabilities	2,172	2,465	1,416	1,284	1,227
Common Stock	529.87	529.87	530.23	532.5	532.5
Retained Earnings	3,138	3,493	3,048	2,979	2,662
Comprehensive Income & Other	570.2	83.28	83.28	83.28	83.28
Total Common Equity	4,238	4,106	3,662	3,595	3,278
Minority Interest	413.11	387.69	274.72	226.69	214.06
Shareholders' Equity	4,651	4,494	3,937	3,822	3,492
Total Liabilities & Equity	6,823	6,959	5,353	5,106	4,719
Total Debt	1,093	1,480	559.37	285.93	111.61
Net Cash (Debt)	765.14	730.31	340.47	717.06	889.36
Net Cash Growth	4.77%	114.50%	-52.52%	-19.37%	316.21%
Net Cash Per Share	0.13	0.12	0.06	0.12	0.15
Filing Date Shares Outstanding	5,964	5,964	5,969	5,994	5,994
Total Common Shares Outstanding	5,964	5,964	5,969	5,994	5,994
Working Capital	2,207	2,261	1,505	1,701	1,303
Book Value Per Share	0.71	0.69	0.61	0.60	0.55
Tangible Book Value	4,162	4,106	3,662	3,595	3,278
Tangible Book Value Per Share	0.70	0.69	0.61	0.60	0.55
Buildings	-	1,036	1,023	944.66	886.77
Machinery	-	3,093	3,002	2,579	2,402
Construction In Progress	-	104.85	99.63	89.93	180.18

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