Kingfa Sci. & Tech. 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	7,483	4,344	3,540	3,735	3,977	4,047
Trading Asset Securities	0.5	0.52	35.27	20.32	0.46	-
Cash & Short-Term Investments	7,484	4,344	3,575	3,755	3,977	4,047
Cash Growth	34.35%	21.52%	-4.81%	-5.58%	-1.73%	4.55%
Accounts Receivable	7,742	12,373	10,422	11,258	8,517	8,476
Other Receivables	3,183	228.7	231.82	138.81	489.52	169.04
Receivables	10,925	12,632	10,792	11,545	9,163	8,832
Inventory	7,486	7,916	7,411	6,039	5,549	5,164
Prepaid Expenses	-	105.93	72.43	-	-	-
Other Current Assets	2,453	1,925	2,056	1,955	1,810	1,652
Total Current Assets	28,348	26,923	23,907	23,294	20,500	19,696
Property, Plant & Equipment	28,509	28,547	28,526	28,826	25,424	20,443
Long-Term Investments	1,184	1,125	1,095	1,118	1,023	1,458
Goodwill	67.9	68.65	71.67	272.5	276.57	333.82
Other Intangible Assets	3,689	3,719	3,517	3,596	3,444	3,047
Long-Term Accounts Receivable	-	-	-	18.71	18.82	-
Long-Term Deferred Tax Assets	772.86	791.25	912.22	709.68	512.93	226.71
Long-Term Deferred Charges	474.53	491.14	580.5	526.71	374.32	183.18
Other Long-Term Assets	2,400	1,504	2,265	3,182	3,826	2,853
Total Assets	65,448	64,068	61,799	61,575	55,434	48,300
Accounts Payable	10,255	10,629	7,993	7,618	7,181	6,107
Accrued Expenses	377.29	1,491	1,386	1,001	446.39	510.11
Short-Term Debt	5,073	4,537	6,592	5,728	3,109	3,319
Current Portion of Long-Term Debt	3,498	2,841	2,060	3,109	3,963	1,370
Current Portion of Leases	-	19.56	17.38	20.81	20.28	18.79
Current Income Taxes Payable	352.6	142.66	76.91	67.03	92.48	15.88
Current Unearned Revenue	830.81	740.33	537.78	335.43	407.43	356.56
Other Current Liabilities	2,072	2,592	2,702	5,468	5,822	5,736
Total Current Liabilities	22,460	22,993	21,365	23,348	21,041	17,433
Long-Term Debt	18,812	16,916	18,542	17,003	15,058	13,054
Long-Term Leases	84.74	97.75	19.61	35.66	51.52	64.07
Long-Term Unearned Revenue	974.71	998.93	850.65	691.67	753.52	790.97
Long-Term Deferred Tax Liabilities	371.53	367.43	406.07	277.86	242.5	234.39
Other Long-Term Liabilities	5.75	5.54	-	2,305	0.16	3.68
Total Liabilities	42,709	41,378	41,183	43,660	37,147	31,581
Common Stock	2,635	2,635	2,637	2,672	2,657	2,574
Additional Paid-In Capital	5,257	5,257	4,700	3,560	3,360	2,904
Retained Earnings	12,446	12,141	11,248	10,691	10,975	9,513
Treasury Stock	-451.39	-451.39	-593.85	-537.72	-459.66	-
Comprehensive Income & Other	-158.06	-110.27	-29.22	-35.66	-2.63	-3.13
Total Common Equity	19,728	19,471	17,962	16,349	16,529	14,987
Minority Interest	3,011	3,219	2,654	1,566	1,758	1,732
Shareholders' Equity	22,739	22,690	20,616	17,915	18,287	16,719
Total Liabilities & Equity	65,448	64,068	61,799	61,575	55,434	48,300
Total Debt	27,468	24,412	27,231	25,897	22,202	17,826
Net Cash (Debt)	-19,985	-20,068	-23,656	-22,141	-18,225	-13,779
Net Cash Per Share	-7.80	-7.78	-8.95	-8.32	-7.02	-5.35
Filing Date Shares Outstanding	2,573	2,573	2,583	2,676	2,657	2,574
Total Common Shares Outstanding	2,573	2,573	2,583	2,676	2,657	2,574
Working Capital	5,888	3,931	2,542	-53.29	-541.22	2,263
Book Value Per Share	7.67	7.57	6.95	6.11	6.22	5.82
Tangible Book Value	15,972	15,683	14,374	12,481	12,809	11,606
Tangible Book Value Per Share	6.21	6.10	5.56	4.66	4.82	4.51
Buildings	-	13,753	12,448	12,408	9,665	8,474
Machinery	-	25,253	19,834	17,483	10,253	10,140
Construction In Progress	-	2,685	7,258	8,229	13,322	8,483

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