Zhe Jiang Li Zi Yuan Food 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	350.92	382.47	624.77	1,047	552.51	527.88
Short-Term Investments	-	233.08	98.61	-	-	-
Trading Asset Securities	141.48	90.7	115.68	20.44	30.52	70
Cash & Short-Term Investments	492.4	706.25	839.05	1,068	583.04	597.88
Cash Growth	-38.02%	-15.83%	-21.43%	83.15%	-2.48%	144.70%
Accounts Receivable	1.56	1.53	1.29	0.44	0.78	1.06
Other Receivables	1.98	2.16	2.62	1.64	1.6	0.92
Receivables	3.54	3.69	3.91	2.08	2.38	1.98
Inventory	211.63	153.6	186.84	191.23	289.6	182.23
Other Current Assets	413.98	188.17	120.31	334.25	132.39	223.33
Total Current Assets	1,122	1,052	1,150	1,595	1,007	1,005
Property, Plant & Equipment	1,215	1,200	1,001	1,009	896.08	736.48
Long-Term Investments	190.9	188.21	100	-	-	-
Other Intangible Assets	152.43	153.58	131.93	135.95	139.68	138.28
Long-Term Deferred Tax Assets	25.92	26.01	21.79	23.27	24.66	21.97
Long-Term Deferred Charges	1.07	1.06	1.44	1.14	-	-
Other Long-Term Assets	431.25	416.75	581.43	293.59	309.08	200.12
Total Assets	3,138	3,038	2,988	3,059	2,377	2,102
Accounts Payable	316.26	331.8	275.93	335.86	302.82	213.58
Accrued Expenses	16.36	31.12	36.36	32.38	34.53	44.74
Short-Term Debt	226.03	160.07	71.87	200.27	75	-
Current Portion of Leases	-	0.67	0.4	0.47	0.43	-
Current Income Taxes Payable	32.26	33.37	32.17	29.95	50.48	37.74
Current Unearned Revenue	61.11	57.29	58.66	51.5	55.34	85.47
Other Current Liabilities	66.04	60.7	109.83	52.89	47.53	41.92
Total Current Liabilities	718.74	675.02	585.23	703.32	566.14	423.44
Long-Term Debt	612.13	607.59	588.65	568.35	-	-
Long-Term Leases	0.63	0.75	0.61	0.58	0.2	0.86
Long-Term Unearned Revenue	87.77	89.54	76.36	80.6	81.46	72.6
Long-Term Deferred Tax Liabilities	9.59	8.89	7.35	0.3	0.18	-
Total Liabilities	1,429	1,382	1,258	1,353	647.98	496.9
Common Stock	390.1	390.1	394.43	394.43	303.41	216.72
Additional Paid-In Capital	488.31	488.31	521.55	569.16	660.16	746.84
Retained Earnings	912.85	859.34	941.34	911.28	765.35	641.83
Treasury Stock	-124.46	-124.46	-156.95	-209.68	-	-
Comprehensive Income & Other	33.27	33.27	29.56	40.22	-	-
Total Common Equity	1,700	1,647	1,730	1,705	1,729	1,605
Minority Interest	9.01	9.36	-	-	-	-
Shareholders' Equity	1,709	1,656	1,730	1,705	1,729	1,605
Total Liabilities & Equity	3,138	3,038	2,988	3,059	2,377	2,102
Total Debt	839.47	769.08	661.52	769.67	75.63	0.86
Net Cash (Debt)	-347.06	-62.83	177.53	298.18	507.4	597.02
Net Cash Growth	-	-	-40.46%	-41.23%	-15.01%	183.10%
Net Cash Per Share	-0.87	-0.16	0.44	0.73	1.29	1.54
Filing Date Shares Outstanding	382.22	383.16	387.49	380.67	394.43	394.43
Total Common Shares Outstanding	382.22	383.16	387.49	380.67	394.43	394.43
Working Capital	402.81	376.69	564.88	892.08	441.27	581.98
Book Value Per Share	4.45	4.30	4.46	4.48	4.38	4.07
Tangible Book Value	1,548	1,493	1,598	1,569	1,589	1,467
Tangible Book Value Per Share	4.05	3.90	4.12	4.12	4.03	3.72
Buildings	-	637.6	637.74	642.47	17.65	362.82
Machinery	-	769.02	737.53	608.58	912.91	466.57
Construction In Progress	-	291.6	24.96	88.95	222.4	103.57

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