Keda Industrial Group Balance Sheet

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

Millions CNY. 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	3,255	2,952	3,602	4,797	1,961
Short-Term Investments	-	-	127.91	118.11	8.28
Trading Asset Securities	579.47	716.59	290.9	397.96	58.23
Cash & Short-Term Investments	3,834	3,669	4,021	5,313	2,027
Cash Growth	4.52%	-8.76%	-24.32%	162.08%	37.96%
Accounts Receivable	4,473	3,426	2,738	2,746	2,686
Other Receivables	220.44	248.08	552.98	113.96	107.98
Receivables	4,693	3,674	3,291	2,860	2,794
Inventory	5,520	4,794	3,668	3,242	3,262
Prepaid Expenses	91.89	39.53	30.05	29.24	24.81
Other Current Assets	978.24	1,060	755.79	462.04	400.02
Total Current Assets	15,117	13,236	11,766	11,906	8,508
Property, Plant & Equipment	8,183	7,450	5,480	3,815	3,249
Long-Term Investments	3,122	3,265	3,819	3,130	2,106
Goodwill	845.18	859.59	913.23	913.23	967.1
Other Intangible Assets	957.64	1,017	874.43	867.18	870.65
Long-Term Accounts Receivable	448.97	422.07	211.99	259.16	192.96
Long-Term Deferred Tax Assets	528.82	512.29	331.85	201.21	174.84
Long-Term Deferred Charges	0.52	0.49	0.34	15.84	15.58
Other Long-Term Assets	158.02	187.35	190.28	44.16	39.03
Total Assets	29,362	26,950	23,604	21,152	16,123
Accounts Payable	3,294	3,389	2,418	2,215	2,657
Accrued Expenses	396.15	338.59	235.46	266.21	232.42
Short-Term Debt	1,392	1,018	572.35	1,006	911.65
Current Portion of Long-Term Debt	1,106	1,413	877.89	569.51	510.62
Current Portion of Leases	11.41	6.36	1.81	-	-
Current Income Taxes Payable	131.2	121.31	50.41	81.05	44.53
Current Unearned Revenue	2,347	2,282	1,889	1,570	1,744
Other Current Liabilities	669.97	396.33	382.05	321.68	289.83
Total Current Liabilities	9,347	8,964	6,427	6,030	6,389
Long-Term Debt	3,666	3,983	3,399	1,490	1,535
Long-Term Leases	46.02	37.58	16.01	8.59	10.5
Long-Term Unearned Revenue	72.27	37.41	56.83	89.85	11.19
Long-Term Deferred Tax Liabilities	307.65	88.11	16.49	13.68	15.48
Other Long-Term Liabilities	47.96	41.18	2.05	188.7	166.9
Total Liabilities	13,487	13,152	9,917	7,821	8,128
Common Stock	1,918	1,918	1,948	1,948	1,888
Additional Paid-In Capital	2,059	2,452	2,871	3,059	1,904
Retained Earnings	8,751	7,814	7,868	7,080	3,169
Treasury Stock	-322.91	-667.65	-838.5	-500	-
Comprehensive Income & Other	187.43	-37.66	-450.15	-199.89	-110.43
Total Common Equity	12,593	11,479	11,398	11,388	6,852
Minority Interest	3,283	2,319	2,289	1,943	1,144
Shareholders' Equity	15,875	13,798	13,687	13,332	7,995
Total Liabilities & Equity	29,362	26,950	23,604	21,152	16,123
Total Debt	6,221	6,458	4,867	3,075	2,968
Net Cash (Debt)	-2,387	-2,790	-845.61	2,238	-940.4
Net Cash Per Share	-1.27	-1.48	-0.44	1.17	-0.50
Filing Date Shares Outstanding	1,906	1,858	1,888	1,918	1,888
Total Common Shares Outstanding	1,906	1,858	1,888	1,918	1,888
Working Capital	5,770	4,272	5,339	5,876	2,119
Book Value Per Share	6.61	6.18	6.04	5.94	3.63
Tangible Book Value	10,790	9,602	9,611	9,608	5,014
Tangible Book Value Per Share	5.66	5.17	5.09	5.01	2.66
Land	257.43	234.06	81.91	86.05	69.92
Buildings	5,152	4,303	2,836	2,271	2,231
Machinery	5,343	4,250	3,154	2,500	2,388
Construction In Progress	490.72	1,002	1,432	676.3	301.9

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