Jiangsu Yabang Dyestuff 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	183.4	73.67	31.48	185.74	75.57	101.57
Trading Asset Securities	11.05	5	-	-	-	-
Cash & Short-Term Investments	194.45	78.67	31.48	185.74	75.57	101.57
Cash Growth	1272.94%	149.94%	-83.05%	145.79%	-25.60%	-77.78%
Accounts Receivable	355.78	295.01	282.68	298.6	138.25	250.3
Other Receivables	47.85	50.37	54.41	225.71	243.58	294.96
Receivables	403.63	345.38	337.09	524.31	381.83	545.26
Inventory	258.65	283.39	198.55	260.16	256.04	406
Prepaid Expenses	-	-	-	0.34	0.83	1.07
Other Current Assets	42.05	27.07	25.85	59.4	52.15	144.85
Total Current Assets	898.77	734.52	592.97	1,030	766.42	1,199
Property, Plant & Equipment	610.02	617.87	743.42	867.4	1,490	1,908
Long-Term Investments	-	-	-	-	9.15	15
Goodwill	-	-	-	-	-	20.88
Other Intangible Assets	97.72	98.36	101.48	109.45	120.49	152.94
Long-Term Deferred Tax Assets	65.86	67.21	64.42	122.08	126.19	129.08
Long-Term Deferred Charges	0.95	1.19	2.13	-	-	-
Other Long-Term Assets	0.27	0.38	0.7	18.4	19.46	20.04
Total Assets	1,674	1,520	1,505	2,147	2,532	3,444
Accounts Payable	264.75	256.18	251.16	410.6	467.65	585.59
Accrued Expenses	14.57	24.1	43.46	165.71	77.84	65.05
Short-Term Debt	459.76	303.39	153.09	335.07	200.91	217.6
Current Portion of Long-Term Debt	27.34	27.34	-	12.99	171	11.06
Current Portion of Leases	-	-	0.67	1.16	2.38	2.27
Current Income Taxes Payable	10.35	4.43	-	22.48	23.31	25.9
Current Unearned Revenue	9.39	5.26	3.13	3.85	7.55	12.57
Other Current Liabilities	207.84	231.71	306.78	277.65	165.05	160.42
Total Current Liabilities	994	852.4	758.28	1,230	1,116	1,080
Long-Term Debt	-	-	-	-	9.99	179.99
Long-Term Leases	7.04	-	2.51	3.8	6.41	8.31
Long-Term Unearned Revenue	5.03	5.48	7.27	9.13	10.74	16.83
Long-Term Deferred Tax Liabilities	-	-	-	3.59	25.22	26.22
Other Long-Term Liabilities	23.44	31.55	47.92	77	-	-
Total Liabilities	1,030	889.43	815.98	1,323	1,168	1,312
Common Stock	570.17	570.17	570.17	570.17	570.17	576
Additional Paid-In Capital	473.26	473.26	473.26	375.34	375.34	423.12
Retained Earnings	-330.75	-344.73	-289.15	-24.37	553.88	1,253
Treasury Stock	-	-	-	-	-	-53.61
Comprehensive Income & Other	-7.65	-7.65	-7.44	-7.01	3.58	4.67
Total Common Equity	705.03	691.04	746.83	914.13	1,503	2,203
Minority Interest	-60.95	-60.95	-57.7	-89.89	-138.94	-70.39
Shareholders' Equity	644.08	630.09	689.13	824.24	1,364	2,133
Total Liabilities & Equity	1,674	1,520	1,505	2,147	2,532	3,444
Total Debt	494.15	330.73	156.27	353.03	390.69	419.23
Net Cash (Debt)	-299.7	-252.06	-124.79	-167.29	-315.12	-317.65
Net Cash Per Share	-0.53	-0.44	-0.22	-0.29	-0.55	-0.56
Filing Date Shares Outstanding	570.87	570.11	570.17	570.17	570.17	570.17
Total Common Shares Outstanding	570.87	570.11	570.17	570.17	570.17	570.17
Working Capital	-95.23	-117.88	-165.31	-199.57	-349.27	118.28
Book Value Per Share	1.24	1.21	1.31	1.60	2.64	3.86
Tangible Book Value	607.31	592.68	645.36	804.68	1,382	2,029
Tangible Book Value Per Share	1.06	1.04	1.13	1.41	2.42	3.56
Buildings	-	-	1,002	1,030	1,273	1,362
Machinery	-	-	1,159	1,226	1,629	1,710
Construction In Progress	-	-	75.65	72.72	103.08	245.91

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