Ningbo Zhongbai 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	416.86	400.79	448.42	245.48	232.06
Trading Asset Securities	63.83	44.99	85.06	106.14	0
Cash & Short-Term Investments	480.69	445.78	533.48	351.63	232.06
Cash Growth	7.83%	-16.44%	51.72%	51.53%	-19.19%
Accounts Receivable	0.58	0.57	0.7	0.54	0.38
Other Receivables	2.21	7.35	1.24	4.28	20.17
Receivables	2.79	7.92	1.94	4.83	20.55
Inventory	32.27	21.67	69.06	46.53	62.78
Prepaid Expenses	0	-	-	0.2	0.1
Other Current Assets	1.24	1.57	0.11	34.18	0.11
Total Current Assets	516.99	476.95	604.59	437.35	315.6
Property, Plant & Equipment	145.99	153.44	160.43	171.07	179.59
Long-Term Investments	235.9	230.28	212.66	334.8	408.98
Other Intangible Assets	1.24	1.31	1.38	1.58	1.65
Long-Term Deferred Tax Assets	34.64	39.19	29.16	2.19	2.24
Long-Term Deferred Charges	0.32	0.32	0.75	1.56	2.45
Other Long-Term Assets	4.9	5.14	5.38	13.65	47.96
Total Assets	939.97	906.63	1,014	962.2	958.47
Accounts Payable	18.47	23.71	81.52	39.65	70.36
Accrued Expenses	9.34	9.21	10.06	11.15	11.77
Current Income Taxes Payable	2.77	1.42	33.66	0.91	3.81
Current Unearned Revenue	2.85	3.97	3.37	10.96	4.86
Other Current Liabilities	6.37	6.52	6.42	71.83	9.71
Total Current Liabilities	39.81	44.83	135.03	134.51	100.51
Long-Term Deferred Tax Liabilities	29.42	27.91	23.45	41.03	58.04
Other Long-Term Liabilities	2.5	2.5	2.75	3.7	323.47
Total Liabilities	71.74	75.24	161.23	179.24	482.03
Common Stock	224.32	224.32	224.32	224.32	224.32
Additional Paid-In Capital	65.08	65.08	65.08	65.08	65.08
Retained Earnings	490.79	458.26	493.38	375.07	12.91
Comprehensive Income & Other	88.04	83.73	70.35	118.49	174.13
Shareholders' Equity	868.23	831.39	853.12	782.97	476.44
Total Liabilities & Equity	939.97	906.63	1,014	962.2	958.47
Net Cash (Debt)	480.69	445.78	533.48	351.63	232.06
Net Cash Growth	7.83%	-16.44%	51.72%	51.53%	-19.19%
Net Cash Per Share	2.22	1.94	2.37	1.56	1.04
Filing Date Shares Outstanding	224.32	224.32	224.32	224.32	225.27
Total Common Shares Outstanding	224.32	224.32	224.32	224.32	225.27
Working Capital	477.17	432.12	469.56	302.85	215.09
Book Value Per Share	3.87	3.71	3.80	3.49	2.11
Tangible Book Value	866.99	830.08	851.75	781.39	474.79
Tangible Book Value Per Share	3.86	3.70	3.80	3.48	2.11
Buildings	267.81	267.81	267.81	276.42	276.42
Machinery	5.72	5.64	8.12	13.03	13.5

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