KTK 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	619.04	666.04	454.48	604.43	736.94	947.74
Short-Term Investments	-	-	433.79	11.09	-	-
Trading Asset Securities	298.05	207.15	47	100	82.63	147.94
Cash & Short-Term Investments	917.09	873.19	935.27	715.52	819.58	1,096
Cash Growth	101.78%	-6.64%	30.71%	-12.70%	-25.20%	-16.23%
Accounts Receivable	3,712	3,664	3,882	3,372	3,361	2,993
Other Receivables	46.79	60.2	411.49	50.75	51.9	101.13
Receivables	3,759	3,724	4,294	3,423	3,413	3,094
Inventory	1,570	1,757	1,793	1,694	1,546	1,562
Other Current Assets	134.55	127.77	265.33	231.02	183.94	583.06
Total Current Assets	6,380	6,483	7,287	6,064	5,962	6,335
Property, Plant & Equipment	867.58	850.29	919.63	1,194	1,195	1,332
Long-Term Investments	615.18	600.51	603.07	579.74	553.28	519.3
Goodwill	0.78	0.78	0.78	0.78	0.78	0.78
Other Intangible Assets	248.69	252.51	260.12	302.98	308.84	319.18
Long-Term Accounts Receivable	-	-	9.83	-	-	-
Long-Term Deferred Tax Assets	113.9	122.02	116.02	125.36	120.6	98.78
Long-Term Deferred Charges	17.22	18.06	11.03	4.05	12.59	15.81
Other Long-Term Assets	267.78	266.01	223.57	643.04	607.11	153.1
Total Assets	8,512	8,593	9,431	8,914	8,761	8,774
Accounts Payable	1,452	1,572	1,710	1,489	1,314	1,290
Accrued Expenses	85.7	153.68	243.45	200.73	214.43	178.23
Short-Term Debt	319.33	373.96	783.1	876.08	957.91	335.82
Current Portion of Long-Term Debt	69.75	70.88	379.19	144.45	603.82	470.61
Current Portion of Leases	-	-	9.01	8.34	13.25	14.22
Current Income Taxes Payable	65.18	51.7	43.28	13.32	19.66	9.87
Current Unearned Revenue	168.75	167.36	199.01	131.36	157.64	139.13
Other Current Liabilities	156.47	205.4	181.52	225.39	117.32	222.74
Total Current Liabilities	2,317	2,595	3,549	3,089	3,398	2,660
Long-Term Debt	3.37	3.86	200.33	406.33	159.96	841.56
Long-Term Leases	18.85	3.26	36.28	57.16	56.61	54.35
Long-Term Unearned Revenue	77.11	79.62	60.4	66.73	70.33	76.05
Pension & Post-Retirement Benefits	-	-	3.23	3.28	2.98	4.07
Long-Term Deferred Tax Liabilities	19.04	17.49	18.63	17.69	14.45	20.93
Other Long-Term Liabilities	188.63	194.22	233.53	276.41	312.13	356.16
Total Liabilities	2,624	2,893	4,101	3,916	4,014	4,013
Common Stock	783.72	783.72	783.72	783.72	783.72	789.86
Additional Paid-In Capital	1,604	1,604	1,604	1,605	1,604	1,653
Retained Earnings	3,460	3,271	2,912	2,687	2,468	2,387
Treasury Stock	-	-	-	-	-	-45.7
Comprehensive Income & Other	26.98	28.8	11.38	10.61	-28.03	-25.2
Total Common Equity	5,874	5,687	5,311	5,086	4,828	4,759
Minority Interest	13.46	12.7	19.16	-88.67	-81.22	1.59
Shareholders' Equity	5,887	5,700	5,330	4,998	4,747	4,761
Total Liabilities & Equity	8,512	8,593	9,431	8,914	8,761	8,774
Total Debt	411.29	451.96	1,408	1,492	1,792	1,717
Net Cash (Debt)	505.8	421.23	-472.65	-776.83	-971.97	-620.88
Net Cash Per Share	0.64	0.54	-0.61	-0.98	-1.22	-0.79
Filing Date Shares Outstanding	786.85	799.37	783.72	783.72	783.72	789.86
Total Common Shares Outstanding	786.85	799.37	783.72	783.72	783.72	789.86
Working Capital	4,063	3,888	3,738	2,975	2,565	3,675
Book Value Per Share	7.47	7.11	6.78	6.49	6.16	6.03
Tangible Book Value	5,624	5,434	5,050	4,783	4,518	4,439
Tangible Book Value Per Share	7.15	6.80	6.44	6.10	5.77	5.62
Buildings	-	-	1,002	1,046	929.45	1,051
Machinery	-	-	651.05	1,047	1,023	988.68
Construction In Progress	-	-	78.91	54.66	68.39	32

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