Intco Recycling Resources Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	718.47	1,284	1,170	1,312	755.61	558.38
Short-Term Investments	-	-	269.74	35.7	-	-
Trading Asset Securities	797.84	1,109	801.51	34.14	32.65	93.9
Cash & Short-Term Investments	1,516	2,393	2,241	1,382	788.26	652.27
Cash Growth	-33.09%	6.74%	62.23%	75.28%	20.85%	636.86%
Accounts Receivable	753.32	576.08	447.98	299.87	230.96	205.49
Other Receivables	66.74	54.96	52.95	40.3	32.32	53.79
Receivables	820.06	631.04	500.93	340.17	263.28	259.28
Inventory	374.72	322.6	357	305.04	322.62	256.99
Other Current Assets	224.48	129.93	326.62	429.41	113.76	107.39
Total Current Assets	2,936	3,476	3,426	2,456	1,488	1,276
Property, Plant & Equipment	1,519	1,435	1,292	1,154	1,070	806.75
Long-Term Investments	2,996	2,041	399.38	0.05	0.05	0.05
Goodwill	-	-	-	-	2.13	-
Other Intangible Assets	180.16	185.63	162.35	162.97	102.63	91.35
Long-Term Deferred Tax Assets	24.24	26.19	7.02	6.43	6.69	3.65
Long-Term Deferred Charges	7.71	6.43	-	-	0.08	0.19
Other Long-Term Assets	206.67	231.76	219.14	237.02	251.96	46.54
Total Assets	7,869	7,403	5,506	4,017	2,922	2,224

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	557.33	380.04	289.14	161.62	110.47	129.93
Accrued Expenses	132.19	102.89	88.8	70.43	71.32	67.02
Short-Term Debt	3,331	3,202	1,906	1,295	384.31	25.01
Current Portion of Long-Term Debt	28.37	47.56	-	35.03	3.5	3.19
Current Portion of Leases	0.25	-	2.33	3.46	1.93	-
Current Income Taxes Payable	7.9	8	10.31	10.63	4.59	4.46
Current Unearned Revenue	55.5	57.03	50.24	42.52	32.56	40.45
Other Current Liabilities	179.96	162.43	69.95	105.7	129.32	27.24
Total Current Liabilities	4,293	3,960	2,416	1,725	738.01	297.3
Long-Term Debt	560.29	570.39	507.89	-	57.86	38.09
Long-Term Leases	8.5	-	-	2.26	3.42	-
Long-Term Unearned Revenue	15.52	16.43	17.1	18.97	11.43	12.31
Long-Term Deferred Tax Liabilities	29.24	28.57	25.46	27.22	28.86	21.34
Other Long-Term Liabilities	4.94	5.08	4.94	4.94	4.94	4.94
Total Liabilities	4,911	4,580	2,972	1,778	844.52	373.99

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	194.05	194.05	187.23	187.77	134.63	133.03
Additional Paid-In Capital	869.03	854.24	753.24	767.16	833.06	780.15
Retained Earnings	1,985	1,854	1,599	1,327	1,158	954.31
Treasury Stock	-137.37	-137.37	-19.98	-31.03	-45.78	-
Comprehensive Income & Other	47.72	57.9	14.86	-12.27	-2.64	-17.02
Shareholders' Equity	2,958	2,823	2,534	2,239	2,077	1,850
Total Liabilities & Equity	7,869	7,403	5,506	4,017	2,922	2,224

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	3,929	3,819	2,416	1,336	451.02	66.3
Net Cash (Debt)	-2,412	-1,427	-174.33	45.76	337.24	585.98
Net Cash Growth	-	-	-	-86.43%	-42.45%	-
Net Cash Per Share	-12.98	-7.64	-0.94	0.25	1.81	3.68
Filing Date Shares Outstanding	191.72	192.63	183.76	182.32	181.56	186.25
Total Common Shares Outstanding	192.63	192.63	183.76	182.32	181.56	186.25
Working Capital	-1,357	-483.35	1,010	731.75	749.91	978.63
Book Value Per Share	15.36	14.66	13.79	12.28	11.44	9.94
Tangible Book Value	2,778	2,637	2,372	2,076	1,973	1,759
Tangible Book Value Per Share	14.42	13.69	12.91	11.39	10.86	9.45
Buildings	898.5	909.05	773.33	674.35	481.72	328
Machinery	1,099	1,082	915.57	764.9	698.55	482.5
Construction In Progress	294.72	169.63	191.24	187.33	292.53	324.41