Cangzhou Dahua 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	332.52	374.05	427.83	177.65	419.55	426.51
Cash & Short-Term Investments	332.52	374.05	427.83	177.65	419.55	426.51
Cash Growth	5.37%	-12.57%	140.84%	-57.66%	-1.63%	-60.89%
Accounts Receivable	256.95	235.02	296.67	443.67	524.81	451.7
Other Receivables	7.01	5.32	1.34	177.79	189.73	189.69
Receivables	263.97	240.34	298.01	621.46	714.53	641.38
Inventory	436.57	286.79	285.42	360	406.51	307.98
Prepaid Expenses	-	34.27	10.08	-	0.96	94.12
Other Current Assets	87.24	23.24	31.18	38.2	26.23	31.8
Total Current Assets	1,120	958.69	1,053	1,197	1,568	1,502
Property, Plant & Equipment	4,448	4,565	4,558	4,844	5,139	4,953
Other Intangible Assets	305.17	299.21	327.68	356.97	314.69	314.32
Long-Term Deferred Charges	24.04	21.47	10.4	12.15	13.89	15.64
Other Long-Term Assets	46.89	52.14	21.85	1.25	12.08	115.5
Total Assets	5,944	5,897	5,970	6,412	7,048	6,900
Accounts Payable	562.56	607.57	712.5	834.66	711.22	919.08
Accrued Expenses	22.61	5.63	2.14	13.17	27.91	14.57
Short-Term Debt	165.21	-	-	-	507.23	30.01
Current Portion of Long-Term Debt	72.45	311.45	3.24	3.41	9.07	157.7
Current Portion of Leases	-	-	-	2.1	8.01	8.38
Current Income Taxes Payable	40.5	39.81	39.81	27.03	40.88	-
Current Unearned Revenue	149.84	51.85	84.08	57.72	98.97	90.17
Other Current Liabilities	405.59	414.46	403.4	534.43	631.66	598.26
Total Current Liabilities	1,419	1,431	1,245	1,473	2,035	1,818
Long-Term Debt	69.18	69.18	355	555.5	697.22	1,162
Long-Term Leases	-	-	-	-	2.11	10.22
Long-Term Unearned Revenue	6.04	6.43	8.71	11.11	13.55	8.99
Long-Term Deferred Tax Liabilities	55.35	55.35	54.05	54.66	48.8	53.29
Total Liabilities	1,549	1,562	1,663	2,094	2,797	3,053
Common Stock	413.96	413.96	413.96	416.14	418.36	418.6
Additional Paid-In Capital	547.04	547.04	547.04	555.7	567.15	560.9
Retained Earnings	3,103	3,045	3,023	3,052	2,987	2,592
Treasury Stock	-	-	-	-24.23	-36.75	-38.11
Comprehensive Income & Other	1.89	-	-	-	0.07	-
Total Common Equity	4,066	4,006	3,984	4,000	3,936	3,533
Minority Interest	328.99	328.5	323.16	318.39	315.26	314.17
Shareholders' Equity	4,395	4,335	4,307	4,318	4,251	3,848
Total Liabilities & Equity	5,944	5,897	5,970	6,412	7,048	6,900
Total Debt	306.85	380.63	358.24	561.01	1,224	1,368
Net Cash (Debt)	25.67	-6.58	69.6	-383.36	-804.09	-941.63
Net Cash Per Share	0.06	-0.02	0.18	-0.93	-1.94	-2.29
Filing Date Shares Outstanding	413.93	413.96	413.96	416.14	418.36	418.6
Total Common Shares Outstanding	413.93	413.96	413.96	416.14	418.36	418.6
Working Capital	-298.46	-472.07	-192.64	-275.21	-467.18	-316.38
Book Value Per Share	9.82	9.68	9.62	9.61	9.41	8.44
Tangible Book Value	3,761	3,707	3,657	3,643	3,621	3,219
Tangible Book Value Per Share	9.09	8.96	8.83	8.75	8.66	7.69
Buildings	-	1,869	1,857	1,775	1,593	1,597
Machinery	-	6,992	6,912	6,819	5,736	5,750
Construction In Progress	-	406.28	67.37	55.48	1,140	544.46

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