CALB Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	16,812	9,638	9,059	7,834	10,932	3,110
Short-Term Investments	-	4,433	1,599	104.93	101.43	6,183
Trading Asset Securities	726.89	585.75	235.59	38.75	75.66	-
Cash & Short-Term Investments	17,539	14,657	10,893	7,978	11,109	9,292
Cash Growth	70.04%	34.55%	36.55%	-28.19%	19.55%	116.25%
Accounts Receivable	12,278	14,965	8,616	7,062	6,287	3,528
Other Receivables	2,227	5,328	5,712	7,187	4,496	2,158
Receivables	14,506	20,292	14,328	14,249	10,783	5,685
Inventory	9,391	7,164	5,263	7,126	11,822	1,757
Restricted Cash	-	0.51	0.28	0.27	0.3	0.25
Other Current Assets	10,700	5,404	5,121	2,758	3,645	1,852
Total Current Assets	52,135	47,517	35,605	32,111	37,359	18,586
Property, Plant & Equipment	95,729	94,273	82,755	69,481	47,146	15,816
Long-Term Investments	1,166	2,602	845.26	655.46	686.92	1,105
Goodwill	137.96	137.96	-	-	-	-
Other Intangible Assets	3,870	1,548	1,057	1,015	894.78	876.91
Long-Term Deferred Tax Assets	802.75	763.52	793.45	568.1	582.38	362.54
Long-Term Deferred Charges	1,540	570.91	423.82	342.78	478.5	198.1
Other Long-Term Assets	2,867	1,143	993.8	1,255	3,313	1,676
Total Assets	158,249	148,555	122,473	105,429	90,461	38,620

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
Accounts Payable	26,823	27,037	19,487	19,959	21,647	6,317
Accrued Expenses	170.53	1,173	742.29	623.65	742.68	303.9
Short-Term Debt	19,940	11.44	-	-	-	-
Current Portion of Long-Term Debt	6,717	25,108	18,960	8,115	2,480	3.65
Current Portion of Leases	-	385.52	31.46	17.04	23.97	11.04
Current Income Taxes Payable	261.53	71.09	0.49	75.73	63.37	220.35
Current Unearned Revenue	2,084	329.74	141.29	616.96	490.53	106.92
Other Current Liabilities	6,695	6,175	6,222	7,414	7,328	2,928
Total Current Liabilities	62,691	60,290	45,584	36,821	32,775	9,890
Long-Term Debt	36,291	32,147	27,156	21,056	15,228	2,887
Long-Term Leases	483.5	648.6	69.14	65.77	92.45	15.71
Long-Term Unearned Revenue	260.83	338.12	297.91	192.85	679.25	835.15
Long-Term Deferred Tax Liabilities	148.94	153.56	8.71	11.95	110.67	6.16
Other Long-Term Liabilities	2,111	1,521	1,303	895.29	-	-
Total Liabilities	101,986	95,099	74,419	59,043	48,885	13,634

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
Common Stock	1,772	1,772	1,772	1,772	1,772	1,506
Retained Earnings	3,345	2,713	1,266	714.8	434	-257.65
Comprehensive Income & Other	32,152	32,254	32,145	32,159	32,173	22,913
Total Common Equity	37,269	36,739	35,184	34,646	34,379	24,162
Minority Interest	18,994	16,718	12,870	11,740	7,196	824.23
Shareholders' Equity	56,263	53,457	48,054	46,386	41,575	24,986
Total Liabilities & Equity	158,249	148,555	122,473	105,429	90,461	38,620

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
Total Debt	63,431	58,301	46,217	29,254	17,824	2,917
Net Cash (Debt)	-45,892	-43,644	-35,324	-21,276	-6,715	6,375
Net Cash Growth	-	-	-	-	-	100.15%
Net Cash Per Share	-25.89	-24.63	-19.93	-12.00	-4.28	5.14
Filing Date Shares Outstanding	1,772	1,772	1,772	1,772	1,772	1,241
Total Common Shares Outstanding	1,772	1,772	1,772	1,772	1,772	1,241
Working Capital	-10,555	-12,773	-9,979	-4,710	4,584	8,696
Book Value Per Share	21.03	20.73	19.85	19.55	19.40	19.47
Tangible Book Value	33,261	35,053	34,127	33,631	33,485	23,285
Tangible Book Value Per Share	18.77	19.78	19.26	18.98	18.89	18.76
Buildings	-	19,498	16,361	11,296	9,895	3,312
Machinery	-	54,808	28,789	12,344	6,434	3,513
Construction In Progress	-	26,530	40,249	46,211	30,106	8,772
Leasehold Improvements	-	193.89	184.7	178.89	84.24	84.24