Keda Industrial Group 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	4,010	3,255	2,952	3,602	4,797	1,961
Short-Term Investments	-	-	-	127.91	118.11	8.28
Trading Asset Securities	656.94	579.47	716.59	290.9	397.96	58.23
Cash & Short-Term Investments	4,666	3,834	3,669	4,021	5,313	2,027
Cash Growth	12.20%	4.52%	-8.76%	-24.32%	162.08%	37.96%
Accounts Receivable	4,544	4,473	3,426	2,738	2,746	2,686
Other Receivables	183.2	220.44	248.08	552.98	113.96	107.98
Receivables	4,727	4,693	3,674	3,291	2,860	2,794
Inventory	6,084	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	1,241	978.24	1,060	755.79	462.04	400.02
Total Current Assets	16,718	15,117	13,236	11,766	11,906	8,508
Property, Plant & Equipment	7,928	8,183	7,450	5,480	3,815	3,249
Long-Term Investments	3,410	3,122	3,265	3,819	3,130	2,106
Goodwill	845.18	845.18	859.59	913.23	913.23	967.1
Other Intangible Assets	941.69	957.64	1,017	874.43	867.18	870.65
Long-Term Accounts Receivable	510.76	448.97	422.07	211.99	259.16	192.96
Long-Term Deferred Tax Assets	539.37	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	191.25	158.02	187.35	190.28	44.16	39.03
Total Assets	31,084	29,362	26,950	23,604	21,152	16,123
Accounts Payable	3,325	3,294	3,389	2,418	2,215	2,657
Accrued Expenses	211.9	396.15	338.59	235.46	266.21	232.42
Short-Term Debt	1,688	1,392	1,018	572.35	1,006	911.65
Current Portion of Long-Term Debt	1,039	1,106	1,413	877.89	569.51	510.62
Current Portion of Leases	-	11.41	6.36	1.81	-	-
Current Income Taxes Payable	342.96	131.2	121.31	50.41	81.05	44.53
Current Unearned Revenue	2,829	2,347	2,282	1,889	1,570	1,744
Other Current Liabilities	747.19	669.97	396.33	382.05	321.68	289.83
Total Current Liabilities	10,183	9,347	8,964	6,427	6,030	6,389
Long-Term Debt	3,673	3,666	3,983	3,399	1,490	1,535
Long-Term Leases	52.54	46.02	37.58	16.01	8.59	10.5
Long-Term Unearned Revenue	100.62	72.27	37.41	56.83	89.85	11.19
Long-Term Deferred Tax Liabilities	314.1	307.65	88.11	16.49	13.68	15.48
Other Long-Term Liabilities	47.26	47.96	41.18	2.05	188.7	166.9
Total Liabilities	14,371	13,487	13,152	9,917	7,821	8,128
Common Stock	1,918	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	9,338	8,751	7,814	7,868	7,080	3,169
Treasury Stock	-322.91	-322.91	-667.65	-838.5	-500	-
Comprehensive Income & Other	2,221	187.43	-37.66	-450.15	-199.89	-110.43
Total Common Equity	13,154	12,593	11,479	11,398	11,388	6,852
Minority Interest	3,559	3,283	2,319	2,289	1,943	1,144
Shareholders' Equity	16,714	15,875	13,798	13,687	13,332	7,995
Total Liabilities & Equity	31,084	29,362	26,950	23,604	21,152	16,123
Total Debt	6,452	6,221	6,458	4,867	3,075	2,968
Net Cash (Debt)	-1,786	-2,387	-2,790	-845.61	2,238	-940.4
Net Cash Per Share	-0.94	-1.27	-1.48	-0.44	1.17	-0.50
Filing Date Shares Outstanding	1,905	1,906	1,858	1,888	1,918	1,888
Total Common Shares Outstanding	1,905	1,906	1,858	1,888	1,918	1,888
Working Capital	6,534	5,770	4,272	5,339	5,876	2,119
Book Value Per Share	6.91	6.61	6.18	6.04	5.94	3.63
Tangible Book Value	11,367	10,790	9,602	9,611	9,608	5,014
Tangible Book Value Per Share	5.97	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.