Zhongyin Babi 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	90.61	215.03	894.04	1,100	851.16	1,262
Trading Asset Securities	873.4	914.25	172.17	-	193.3	85.19
Cash & Short-Term Investments	964.01	1,129	1,066	1,100	1,044	1,347
Cash Growth	-3.73%	5.92%	-3.06%	5.31%	-22.45%	-3.72%
Accounts Receivable	92.17	97.13	99.52	88.65	88.96	69.24
Other Receivables	7.61	4.6	4.12	4.77	3.92	2.05
Receivables	99.78	101.73	103.64	93.43	92.88	71.28
Inventory	71.78	74.34	68.87	69.6	84.14	63.15
Prepaid Expenses	-	1.12	1.2	1.11	0.81	1.09
Other Current Assets	33.79	29.82	27.52	14.06	9.16	13.16
Total Current Assets	1,169	1,336	1,267	1,278	1,231	1,496
Property, Plant & Equipment	790.21	782.87	793.24	661.42	570.76	490.15
Long-Term Investments	40.13	489.38	554.54	660.48	704.37	407.49
Goodwill	96.94	96.96	30.16	22.18	22.18	-
Other Intangible Assets	165.83	168.04	129.62	124.11	125.08	107.57
Long-Term Deferred Tax Assets	3.26	3.44	3.92	4.33	2.77	6.7
Long-Term Deferred Charges	19.97	19.86	26.67	14.89	12.44	10.83
Other Long-Term Assets	606.3	2.09	47.53	15.68	2.61	13.88
Total Assets	2,892	2,899	2,853	2,781	2,672	2,532
Accounts Payable	116.87	128.03	124.97	113.85	132.37	112.28
Accrued Expenses	28.94	70.77	58.91	62.63	67.21	70.75
Short-Term Debt	16	16	-	-	45.04	100.09
Current Portion of Leases	8.3	7.84	11.23	12.09	12.85	11.98
Current Income Taxes Payable	61.36	53.57	47.32	28.16	24.72	32.81
Current Unearned Revenue	8.56	9.38	8.83	8.29	5.92	4.76
Other Current Liabilities	172.59	182.39	209.63	216.79	198.45	168.26
Total Current Liabilities	412.61	467.99	460.89	441.81	486.55	500.93
Long-Term Leases	41.77	41.37	46.25	41.24	22.2	27.42
Long-Term Unearned Revenue	14.86	15.95	18.66	20.88	18.16	18.06
Long-Term Deferred Tax Liabilities	13.16	11.88	46.02	66.45	74.84	71.6
Total Liabilities	482.41	537.19	571.81	570.38	601.74	618.01
Common Stock	239.57	239.57	248	250.11	248	248
Additional Paid-In Capital	655.14	655.14	775.95	801.16	768.68	768.8
Retained Earnings	1,490	1,443	1,361	1,183	1,050	891.58
Treasury Stock	-	-	-119.89	-32.11	-	-
Total Common Equity	2,385	2,337	2,265	2,202	2,066	1,908
Minority Interest	24.91	24.26	15.88	8.34	3.62	5.79
Shareholders' Equity	2,410	2,362	2,281	2,211	2,070	1,914
Total Liabilities & Equity	2,892	2,899	2,853	2,781	2,672	2,532
Total Debt	66.07	65.21	57.48	53.33	80.1	139.49
Net Cash (Debt)	897.94	1,064	1,009	1,047	964.36	1,207
Net Cash Growth	-5.02%	5.49%	-3.62%	8.53%	-20.13%	-13.69%
Net Cash Per Share	3.74	4.44	4.08	4.21	3.90	4.90
Filing Date Shares Outstanding	239.57	239.57	239.57	250.11	250.11	248
Total Common Shares Outstanding	239.57	239.57	239.57	250.11	248	248
Working Capital	756.75	868.29	806.55	836.28	744.91	994.62
Book Value Per Share	9.95	9.76	9.46	8.81	8.33	7.70
Tangible Book Value	2,122	2,072	2,106	2,056	1,919	1,801
Tangible Book Value Per Share	8.86	8.65	8.79	8.22	7.74	7.26
Buildings	-	562.05	367.34	359.84	359.94	213.47
Machinery	-	356.73	319.14	307.63	304.65	220.76
Construction In Progress	-	73.1	261.84	116.16	10.02	122.86

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