Fujian Dongbai (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	644.04	799.69	380.45	300.05	194.78	453.29
Cash & Short-Term Investments	644.04	799.69	380.45	300.05	194.78	453.29
Cash Growth	120.25%	110.20%	26.80%	54.04%	-57.03%	-30.29%
Accounts Receivable	55.38	76.62	87.62	62.7	102.05	89.58
Other Receivables	172.88	178.73	277.75	229.51	225.41	217.94
Receivables	228.26	255.35	365.37	292.22	327.46	307.52
Inventory	2,384	2,380	2,243	2,661	2,604	2,986
Prepaid Expenses	-	47.66	47.6	40.38	32.47	44.18
Other Current Assets	120.01	53.2	59.98	58.55	49.81	85.88
Total Current Assets	3,376	3,536	3,096	3,353	3,208	3,877
Property, Plant & Equipment	2,014	2,045	2,304	1,990	2,139	2,413
Long-Term Investments	12.64	12.64	14.02	295.92	292.46	294.33
Goodwill	4.43	4.43	4.43	4.43	4.43	4.43
Other Intangible Assets	4.2	4.64	6.78	6.33	7.81	8.31
Long-Term Accounts Receivable	-	112.09	206.85	194.34	211.33	251.12
Long-Term Deferred Tax Assets	268.58	263.78	259.12	252.67	262.61	234.5
Long-Term Deferred Charges	193.98	211.13	240.49	252.66	279.43	336.84
Other Long-Term Assets	8,861	8,753	8,677	8,193	8,092	7,310
Total Assets	14,735	14,942	14,809	14,543	14,497	14,729
Accounts Payable	378.22	435.33	539.34	833.05	1,023	840.17
Accrued Expenses	10.59	697.91	1,844	231.93	215.32	211.95
Short-Term Debt	1,869	1,810	1,831	1,629	1,036	990.82
Current Portion of Long-Term Debt	570.03	14.74	22.63	631.85	1,403	1,324
Current Portion of Leases	-	136.75	178.92	167.18	167.06	158.78
Current Income Taxes Payable	219.31	35.86	46.48	78.03	20.43	11.05
Current Unearned Revenue	617.48	661.26	650.97	560.9	525.71	406.3
Other Current Liabilities	1,215	1,150	1,140	1,502	1,186	1,333
Total Current Liabilities	4,879	4,942	6,254	5,634	5,577	5,276
Long-Term Debt	4,025	4,228	2,632	3,000	3,010	3,271
Long-Term Leases	485.72	508.98	838.85	996.5	1,150	1,529
Long-Term Unearned Revenue	64.21	64.77	66.94	67.9	60.74	62.5
Long-Term Deferred Tax Liabilities	654.77	645.21	593.98	560.69	551.11	539.93
Other Long-Term Liabilities	35.94	35.94	50.85	28.66	21.9	22.99
Total Liabilities	10,145	10,425	10,437	10,287	10,370	10,702
Common Stock	869.85	869.85	869.85	869.85	869.85	898.23
Additional Paid-In Capital	3.52	3.52	3.52	3.52	3.52	111.07
Retained Earnings	2,512	2,467	2,490	2,525	2,534	2,526
Treasury Stock	-	-	-	-	-	-150
Comprehensive Income & Other	223.59	223.59	151.35	89.72	91.36	49.78
Total Common Equity	3,609	3,564	3,515	3,488	3,498	3,435
Minority Interest	981.64	953.1	856.54	767.08	628.75	592
Shareholders' Equity	4,590	4,517	4,372	4,255	4,127	4,027
Total Liabilities & Equity	14,735	14,942	14,809	14,543	14,497	14,729
Total Debt	6,950	6,699	5,504	6,424	6,766	7,274
Net Cash (Debt)	-6,306	-5,899	-5,123	-6,124	-6,572	-6,820
Net Cash Per Share	-7.25	-6.78	-5.89	-7.04	-7.54	-7.84
Filing Date Shares Outstanding	869.04	869.85	869.85	869.85	869.85	869.85
Total Common Shares Outstanding	869.04	869.85	869.85	869.85	869.85	869.85
Working Capital	-1,503	-1,407	-3,158	-2,281	-2,369	-1,399
Book Value Per Share	4.15	4.10	4.04	4.01	4.02	3.95
Tangible Book Value	3,600	3,554	3,504	3,478	3,486	3,423
Tangible Book Value Per Share	4.14	4.09	4.03	4.00	4.01	3.93
Buildings	-	2,244	2,271	1,822	1,833	1,819
Machinery	-	69.76	75.2	75.09	75.65	67.77
Construction In Progress	-	1.1	5.13	2.5	6.07	1.72

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