Qijing Machinery 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	138.46	210.4	364.64	360.33	299.71	315.47
Trading Asset Securities	0.18	-	-	80.63	40.63	2.73
Cash & Short-Term Investments	138.63	210.4	364.64	440.97	340.33	318.2
Cash Growth	-57.06%	-42.30%	-17.31%	29.57%	6.96%	7.20%
Accounts Receivable	702.54	771.04	669.74	589.21	543.14	538.78
Other Receivables	5.67	6.13	6.63	2.81	4.17	5
Receivables	708.21	777.17	676.37	592.01	547.31	543.78
Inventory	450.19	435.72	430.97	393.7	407.3	446.06
Other Current Assets	28.24	15.87	17.05	18	11.62	35.52
Total Current Assets	1,325	1,439	1,489	1,445	1,307	1,344
Property, Plant & Equipment	681.06	693.1	666.71	590.57	599.89	609.18
Other Intangible Assets	91.11	92.23	93.35	95.48	81.71	81.14
Long-Term Deferred Tax Assets	5	6.12	7.1	8.94	13.35	11.2
Long-Term Deferred Charges	0.28	0.31	0.5	0.01	0.19	0.28
Other Long-Term Assets	3.6	3.71	4.38	4.91	7.37	10.62
Total Assets	2,106	2,235	2,261	2,145	2,009	2,056
Accounts Payable	497.75	535.8	560.31	487.84	433.95	483.28
Accrued Expenses	29.39	50.9	50.27	46.6	38.15	42.85
Short-Term Debt	41.03	40.03	193.39	95.09	67.98	99.65
Current Portion of Long-Term Debt	78.71	51.66	38.05	315.98	-	-
Current Portion of Leases	-	0.91	0.17	0.29	1	0.97
Current Income Taxes Payable	2.12	0.09	4.01	0	0.17	0.05
Current Unearned Revenue	0.76	0.75	1.79	1.77	1.59	1.81
Other Current Liabilities	2.66	5.88	4.99	3.9	11.65	2.01
Total Current Liabilities	652.41	686.01	852.99	951.48	554.48	630.63
Long-Term Debt	241.6	338.61	205.54	-	301.92	287.76
Long-Term Leases	0.96	0.91	-	0.19	0.37	1.03
Long-Term Unearned Revenue	41.8	43.59	47.84	35.8	36.23	29.23
Long-Term Deferred Tax Liabilities	-	-	-	0	0.01	0.41
Total Liabilities	936.78	1,069	1,106	987.47	893.02	949.07
Common Stock	192.6	192.6	192.6	192.15	192.14	192.14
Additional Paid-In Capital	486.66	486.66	486.66	446.11	446.04	445.98
Retained Earnings	480.27	468.6	468.52	439.5	399.17	392.84
Comprehensive Income & Other	5.11	12.49	6.92	79.37	78.69	75.96
Total Common Equity	1,165	1,160	1,155	1,157	1,116	1,107
Minority Interest	4.89	5.17	-	-	-	-
Shareholders' Equity	1,170	1,166	1,155	1,157	1,116	1,107
Total Liabilities & Equity	2,106	2,235	2,261	2,145	2,009	2,056
Total Debt	362.31	432.12	437.15	411.55	371.28	389.42
Net Cash (Debt)	-223.68	-221.72	-72.51	29.41	-30.95	-71.22
Net Cash Per Share	-1.16	-1.15	-0.38	0.15	-0.16	-0.37
Filing Date Shares Outstanding	192.6	192.6	192.6	192.15	192.14	192.14
Total Common Shares Outstanding	192.6	192.6	192.6	192.15	192.14	192.14
Working Capital	672.86	753.16	636.03	493.2	752.08	712.93
Book Value Per Share	6.05	6.02	6.00	6.02	5.81	5.76
Tangible Book Value	1,074	1,068	1,061	1,062	1,034	1,026
Tangible Book Value Per Share	5.57	5.55	5.51	5.53	5.38	5.34
Buildings	-	333.88	317.57	237.94	227.85	203.02
Machinery	-	983.69	925.21	854.89	806.42	729.43
Construction In Progress	-	61.17	29.32	31.96	19.95	64.77

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