Zhongshi Minan Holdings Balance Sheet

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

Millions SGD. 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	2.17	5.35	2.93	2.99	4.13
Short-Term Investments	-	2.96	5.7	5	5.94
Trading Asset Securities	2.65	1.51	1.6	0.72	0.02
Cash & Short-Term Investments	4.82	9.82	10.23	8.71	10.09
Cash Growth	-50.87%	-4.05%	17.46%	-13.68%	53.11%
Accounts Receivable	1.83	1.06	1.39	1.13	0.97
Other Receivables	-	1.79	0.93	0.63	0.31
Receivables	1.83	3.54	3.06	2.15	1.82
Inventory	1.27	1.22	0.67	1.29	0.98
Prepaid Expenses	9.93	1.73	0.94	0.86	0.41
Total Current Assets	17.86	16.3	14.9	13.01	13.29
Property, Plant & Equipment	3.98	3.99	4.34	4.88	4.69
Other Intangible Assets	0.01	0.02	-	-	-
Other Long-Term Assets	0.57	0.53	0.53	0.56	0.66
Total Assets	24.15	21.96	21.14	19.74	19.72
Accounts Payable	2.09	1.77	1.42	1.26	0.7
Accrued Expenses	0.88	1	1.56	1.22	0.78
Short-Term Debt	2.84	2.21	2.21	2.61	1.5
Current Portion of Long-Term Debt	2.44	0.27	-	-	-
Current Portion of Leases	-	0.31	0.62	0.87	1.08
Current Income Taxes Payable	0.02	0.06	0.18	0.15	0.12
Current Unearned Revenue	0.73	0.86	0.86	2.26	2.38
Other Current Liabilities	4.78	3.91	2.19	1.43	1.48
Total Current Liabilities	13.77	10.4	9.03	9.8	8.04
Long-Term Debt	1.69	1.11	-	-	2.21
Long-Term Leases	-	0.91	1.56	1.26	0.5
Long-Term Unearned Revenue	0.23	0.32	4.02	0.67	0.92
Long-Term Deferred Tax Liabilities	0.01	0.01	0.01	0.01	0.01
Other Long-Term Liabilities	0.41	0.41	0.41	0.41	0.41
Total Liabilities	16.11	13.15	15.03	12.16	12.09
Common Stock	1.27	0.9	0.9	0.9	0.9
Additional Paid-In Capital	-	8.98	8.98	8.98	8.98
Retained Earnings	-	-4.97	-6.47	-6.32	-6.25
Comprehensive Income & Other	7.09	3.97	3.77	4.01	3.99
Total Common Equity	8.36	8.88	7.19	7.57	7.63
Minority Interest	-0.32	-0.07	-1.08	0	-
Shareholders' Equity	8.04	8.81	6.11	7.58	7.63
Total Liabilities & Equity	24.15	21.96	21.14	19.74	19.72
Total Debt	6.96	4.8	4.38	4.74	5.28
Net Cash (Debt)	-2.14	5.02	5.85	3.98	4.81
Net Cash Growth	-	-14.17%	47.17%	-17.36%	173.92%
Net Cash Per Share	-0.03	0.13	0.15	0.10	0.12
Filing Date Shares Outstanding	57.6	40	40	40	40
Total Common Shares Outstanding	57.6	40	40	40	40
Working Capital	4.08	5.9	5.87	3.21	5.25
Book Value Per Share	0.15	0.22	0.18	0.19	0.19
Tangible Book Value	8.34	8.86	7.19	7.57	7.63
Tangible Book Value Per Share	0.14	0.22	0.18	0.19	0.19
Machinery	-	5.16	5.33	5.76	5.31

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