Shandong Fiberglass Group 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	525.21	583.55	809.67	577.15	707.53
Trading Asset Securities	-	-	180.6	-	-
Cash & Short-Term Investments	525.21	583.55	990.27	577.15	707.53
Cash Growth	-10.00%	-41.07%	71.58%	-18.43%	86.37%
Accounts Receivable	1,027	578.84	677.79	681.71	542.54
Other Receivables	0.12	0.3	0.41	0.6	0.46
Receivables	1,028	579.14	678.2	682.31	542.99
Inventory	653.47	533.69	283.22	234.36	152.06
Prepaid Expenses	-	0.27	0.27	0.32	-
Other Current Assets	109.96	110.61	101.01	29.53	98.34
Total Current Assets	2,316	1,807	2,053	1,524	1,501
Property, Plant & Equipment	5,143	5,150	4,411	3,362	3,415
Other Intangible Assets	148.08	155.37	161.31	127.54	133.8
Long-Term Deferred Tax Assets	12.79	22.62	17.15	7.92	19.66
Long-Term Deferred Charges	3.65	2.19	2.97	7.72	11.46
Other Long-Term Assets	17.81	0.26	1.65	17.12	0.91
Total Assets	7,642	7,138	6,647	5,046	5,082
Accounts Payable	401.08	724.2	605.86	257.73	144.24
Accrued Expenses	82.84	50.34	56.11	44.36	37.78
Short-Term Debt	831.09	217.68	431.64	326.58	207.15
Current Portion of Long-Term Debt	344.64	235.77	170.75	124.77	235.82
Current Portion of Leases	-	-	50.11	136.07	295.93
Current Income Taxes Payable	7.25	0.02	6.79	13.48	20.38
Current Unearned Revenue	41.71	87.98	112.8	126.5	135.37
Other Current Liabilities	919.92	1,128	910.44	95.6	247.34
Total Current Liabilities	2,629	2,444	2,345	1,125	1,324
Long-Term Debt	2,327	1,992	1,400	908.35	1,130
Long-Term Leases	-	-	-	49.91	145.02
Long-Term Unearned Revenue	88.96	61.59	85.58	88.02	102.03
Long-Term Deferred Tax Liabilities	10.18	11.54	28.78	35.47	22.17
Other Long-Term Liabilities	2.36	1.12	-	-	-
Total Liabilities	5,057	4,510	3,859	2,207	2,724
Common Stock	610.97	610.96	610.96	600.01	500
Additional Paid-In Capital	639.04	632.75	632.34	586.05	585.98
Retained Earnings	1,348	1,361	1,492	1,547	1,167
Treasury Stock	-103.2	-83.1	-53.11	-	-
Comprehensive Income & Other	89.23	106.22	106.16	105.8	105.66
Shareholders' Equity	2,584	2,628	2,788	2,839	2,358
Total Liabilities & Equity	7,642	7,138	6,647	5,046	5,082
Total Debt	3,503	2,446	2,053	1,546	2,014
Net Cash (Debt)	-2,978	-1,862	-1,062	-968.54	-1,307
Net Cash Per Share	-4.43	-3.01	-1.71	-1.61	-2.18
Filing Date Shares Outstanding	602.37	610.96	610.96	600.01	600
Total Common Shares Outstanding	602.37	610.96	610.96	600.01	600
Working Capital	-312.27	-636.35	-291.53	398.57	176.92
Book Value Per Share	4.29	4.30	4.56	4.73	3.93
Tangible Book Value	2,436	2,473	2,627	2,712	2,224
Tangible Book Value Per Share	4.04	4.05	4.30	4.52	3.71
Buildings	1,332	1,112	759.98	780.45	775.18
Machinery	3,500	2,881	2,592	2,590	2,631
Construction In Progress	51.82	1,025	1,352	1.35	1.51

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