Yibin Paper Industry Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	266.47	123.38	87.16	133.32	153.28	322.21
Cash & Short-Term Investments	266.47	123.38	87.16	133.32	153.28	322.21
Cash Growth	186.88%	41.55%	-34.62%	-13.02%	-52.43%	62.74%
Accounts Receivable	167.27	76.94	104.7	47.39	126.65	126.68
Other Receivables	2.74	193.29	159.06	3.13	0.74	2.62
Receivables	170.01	270.24	263.76	50.51	127.38	129.3
Inventory	529.6	519.59	683.81	440.3	345.03	309.47
Prepaid Expenses	-	0.78	1.69	0.44	0.73	1.98
Other Current Assets	21.78	15.07	19.79	85.58	33.45	72.54
Total Current Assets	987.86	929.06	1,056	710.14	659.88	835.5
Property, Plant & Equipment	2,090	2,172	2,306	2,010	2,156	2,286
Long-Term Investments	38.78	39.26	40.4	36.31	11.75	14.29
Other Intangible Assets	202.72	207.13	212.86	76.31	78.8	81.26
Long-Term Deferred Tax Assets	1.51	1.05	1.84	2.9	-	-
Long-Term Deferred Charges	5.42	10.58	18.81	21.13	26.91	34.12
Other Long-Term Assets	28.88	10.13	1.24	0.12	0.12	0.06
Total Assets	3,355	3,369	3,637	2,857	2,934	3,251
Accounts Payable	487.23	441.27	477.73	326.49	254.05	332.8
Accrued Expenses	68.86	75.8	72.05	41.38	44.67	39.27
Short-Term Debt	219.15	80.04	72.05	55.06	1,089	1,098
Current Portion of Long-Term Debt	-	1.4	1,333	1.94	753.23	-
Current Portion of Leases	-	-	3.62	3.68	3.77	-
Current Income Taxes Payable	17.87	12.64	0.28	1.99	0.17	0.03
Current Unearned Revenue	42.82	44.11	25.61	78.92	44.95	46.65
Other Current Liabilities	119.69	568.21	1,009	59.7	66.79	57.18
Total Current Liabilities	955.61	1,223	2,993	569.15	2,257	1,574
Long-Term Debt	1,674	1,578	13.5	1,582	-	1,032
Long-Term Leases	0.71	-	3.74	7.9	11.33	-
Long-Term Unearned Revenue	39.89	27.9	30.02	37.32	37.15	44.07
Long-Term Deferred Tax Liabilities	0.13	-	1.82	2.79	-	-
Other Long-Term Liabilities	260.26	260.16	-	-	0.28	0.76
Total Liabilities	2,930	3,089	3,043	2,199	2,305	2,651
Common Stock	176.9	176.9	176.9	176.9	176.9	176.9
Additional Paid-In Capital	295.48	295.48	534.82	400.81	400.81	400.81
Retained Earnings	-240.94	-256.02	-127.6	80.31	50.61	22.28
Comprehensive Income & Other	6.54	4.67	5.69	-	-	-
Total Common Equity	237.98	221.02	589.81	658.02	628.33	600
Minority Interest	187.05	58.91	4.88	-	-	-
Shareholders' Equity	425.03	279.93	594.69	658.02	628.33	600
Total Liabilities & Equity	3,355	3,369	3,637	2,857	2,934	3,251
Total Debt	1,893	1,659	1,426	1,651	1,857	2,130
Net Cash (Debt)	-1,627	-1,536	-1,339	-1,517	-1,704	-1,808
Net Cash Per Share	-9.20	-8.68	-7.57	-8.58	-9.63	-10.22
Filing Date Shares Outstanding	176.9	176.9	176.9	176.9	176.9	176.9
Total Common Shares Outstanding	176.9	176.9	176.9	176.9	176.9	176.9
Working Capital	32.25	-294.41	-1,937	140.99	-1,597	-738.17
Book Value Per Share	1.35	1.25	3.33	3.72	3.55	3.39
Tangible Book Value	35.26	13.89	376.95	581.71	549.52	518.74
Tangible Book Value Per Share	0.20	0.08	2.13	3.29	3.11	2.93
Buildings	-	1,265	1,252	855	793.71	773.01
Machinery	-	3,295	3,203	2,009	2,051	2,035
Construction In Progress	-	6.28	5.09	3.92	15.04	52.56

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