Lingyuan Iron & Steel 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	1,048	1,155	1,326	2,912	2,831	4,235
Cash & Short-Term Investments	1,048	1,155	1,326	2,912	2,831	4,235
Cash Growth	-27.10%	-12.89%	-54.47%	2.85%	-33.16%	24.71%
Accounts Receivable	103.01	148.69	213.43	184.07	1,152	919.09
Other Receivables	35.77	26.46	64.95	16.23	14.55	64.51
Receivables	138.78	175.15	278.38	200.3	1,167	983.6
Inventory	1,281	1,295	1,622	1,955	1,731	2,468
Other Current Assets	791.78	649.51	345.18	309.72	573.71	434.77
Total Current Assets	3,259	3,275	3,572	5,376	6,303	8,122
Property, Plant & Equipment	10,106	10,221	9,811	9,575	9,127	8,575
Long-Term Investments	20.5	21.26	25.22	20.13	20.24	22.79
Other Intangible Assets	550.54	562.15	500.32	528.1	512.44	537.49
Long-Term Deferred Tax Assets	1,144	1,151	1,119	635.52	401.12	96.24
Other Long-Term Assets	241.47	216.85	227.86	325.46	265.24	254.96
Total Assets	15,325	15,447	15,255	16,460	16,629	17,608
Accounts Payable	4,953	4,744	3,850	3,984	4,957	5,118
Accrued Expenses	45.81	65.32	78.27	130.6	74.31	139.42
Short-Term Debt	990.95	506.63	300	477.96	776.18	1,360
Current Portion of Long-Term Debt	1,675	1,631	148.33	261.94	56.84	40.76
Current Portion of Leases	-	54.07	152.63	198.16	224.3	154.1
Current Income Taxes Payable	23.75	5.71	-	4.77	-	5.39
Current Unearned Revenue	1,017	945.79	1,014	1,429	752.63	557.18
Other Current Liabilities	730.46	856.06	669.29	838.53	374.63	277.51
Total Current Liabilities	9,437	8,809	6,212	7,325	7,215	7,653
Long-Term Debt	1,950	2,273	3,142	1,398	741.22	411
Long-Term Leases	-	-	54.07	133.69	328.33	189.91
Long-Term Unearned Revenue	171.77	166.76	19.19	20.9	22.72	21.17
Long-Term Deferred Tax Liabilities	133.41	139.71	159.33	143.26	159.04	64.41
Other Long-Term Liabilities	40.72	38.5	40.77	16.03	16.52	17.62
Total Liabilities	11,733	11,428	9,628	9,037	8,483	8,357
Common Stock	2,870	2,850	2,852	2,852	2,852	2,852
Additional Paid-In Capital	-	546.19	546.09	601.12	601.11	601.07
Retained Earnings	155.71	635.26	2,193	3,871	4,557	5,667
Treasury Stock	-151.9	-151.9	-103.73	-	-	-
Comprehensive Income & Other	718.9	140.14	139.83	98.5	135.84	131.14
Shareholders' Equity	3,592	4,019	5,627	7,423	8,146	9,251
Total Liabilities & Equity	15,325	15,447	15,255	16,460	16,629	17,608
Total Debt	4,616	4,465	3,797	2,470	2,127	2,156
Net Cash (Debt)	-3,569	-3,310	-2,472	441.97	704.11	2,079
Net Cash Growth	-	-	-	-37.23%	-66.14%	44.12%
Net Cash Per Share	-1.28	-1.19	-0.87	0.15	0.25	0.72
Filing Date Shares Outstanding	2,819	2,799	2,820	2,852	2,852	2,852
Total Common Shares Outstanding	2,819	2,799	2,820	2,852	2,852	2,852
Working Capital	-6,177	-5,535	-2,641	-1,949	-912.7	468.94
Book Value Per Share	1.27	1.44	2.00	2.60	2.86	3.24
Tangible Book Value	3,042	3,457	5,127	6,895	7,633	8,714
Tangible Book Value Per Share	1.08	1.24	1.82	2.42	2.68	3.06
Buildings	-	5,126	4,694	4,755	4,505	4,379
Machinery	-	11,603	10,301	9,999	8,767	8,662
Construction In Progress	-	118.16	999.22	448.94	1,566	694.96