China Baoan 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	5,213	6,947	7,465	9,446	10,532	6,582
Short-Term Investments	364.73	1,629	1,177	579.84	189.52	315.79
Trading Asset Securities	2,155	967.24	692.34	619.99	1,687	374.7
Cash & Short-Term Investments	7,732	9,543	9,335	10,645	12,408	7,273
Cash Growth	-8.06%	2.23%	-12.31%	-14.21%	70.62%	-9.59%
Accounts Receivable	7,217	6,875	6,356	6,012	8,034	4,637
Other Receivables	702.77	1,503	1,617	1,541	1,603	1,082
Receivables	7,919	8,378	7,973	7,554	9,637	5,725
Inventory	14,321	12,859	11,240	10,536	12,194	10,141
Other Current Assets	2,618	385.85	360.83	203.41	747.1	741.37
Total Current Assets	32,591	31,166	28,908	28,939	34,986	23,879
Property, Plant & Equipment	18,868	19,085	18,379	14,904	11,149	7,672
Long-Term Investments	1,720	2,418	2,253	1,879	1,895	1,705
Goodwill	416.8	419.69	450.69	479.39	460.09	470.53
Other Intangible Assets	1,698	1,723	1,672	1,690	1,411	1,152
Long-Term Deferred Tax Assets	755.91	740.52	671.97	605.08	528.32	351.87
Long-Term Deferred Charges	278.55	279.24	306.32	288.19	264.34	207.1
Other Long-Term Assets	1,989	1,025	1,121	1,296	1,611	1,322
Total Assets	58,318	56,857	53,775	50,100	52,391	37,073
Accounts Payable	7,707	7,261	7,849	8,375	10,820	4,314
Accrued Expenses	365.17	633.36	566.73	667.37	798.59	773.44
Short-Term Debt	1,173	1,334	1,715	2,013	8,315	5,613
Current Portion of Long-Term Debt	4,638	5,006	4,290	2,986	2,472	2,722
Current Portion of Leases	-	102.84	160.87	337.14	317.64	115.72
Current Income Taxes Payable	291.67	136.72	259.56	235.93	212.1	197.55
Current Unearned Revenue	440.63	497.81	259.08	334.94	312.05	948.16
Other Current Liabilities	744.59	735.98	893.95	769.31	943.95	743.21
Total Current Liabilities	15,361	15,708	15,994	15,719	24,192	15,427
Long-Term Debt	15,501	13,988	12,043	9,966	5,976	3,229
Long-Term Leases	298.82	359.77	354.98	616.95	798.59	482.24
Long-Term Unearned Revenue	980.74	1,743	1,643	687.06	570.32	434.67
Pension & Post-Retirement Benefits	2.97	2.98	2.14	2.14	2.46	1.83
Long-Term Deferred Tax Liabilities	328.93	342.57	299.33	354.7	282.02	105.78
Other Long-Term Liabilities	2,632	1,847	1,722	1,731	1,728	1,733
Total Liabilities	35,106	33,991	32,059	29,077	33,549	21,414
Common Stock	2,579	2,579	2,579	2,579	2,579	2,579
Additional Paid-In Capital	1,454	1,417	1,448	1,535	1,419	1,369
Retained Earnings	6,010	5,992	5,866	5,810	5,144	4,076
Comprehensive Income & Other	-12.81	17.13	21.22	8.55	-6.86	-23.78
Total Common Equity	10,030	10,005	9,915	9,932	9,135	8,000
Minority Interest	13,182	12,861	11,801	11,091	9,707	7,659
Shareholders' Equity	23,213	22,866	21,716	21,023	18,842	15,659
Total Liabilities & Equity	58,318	56,857	53,775	50,100	52,391	37,073
Total Debt	21,611	20,790	18,563	15,919	17,879	12,162
Net Cash (Debt)	-13,879	-11,247	-9,229	-5,273	-5,471	-4,889
Net Cash Per Share	-5.38	-4.36	-3.58	-2.04	-2.12	-1.90
Filing Date Shares Outstanding	2,579	2,579	2,579	2,579	2,579	2,579
Total Common Shares Outstanding	2,579	2,579	2,579	2,579	2,579	2,579
Working Capital	17,230	15,458	12,914	13,220	10,794	8,452
Book Value Per Share	3.89	3.88	3.84	3.85	3.54	3.10
Tangible Book Value	7,915	7,863	7,792	7,763	7,264	6,377
Tangible Book Value Per Share	3.07	3.05	3.02	3.01	2.82	2.47
Land	-	66.58	149.6	-	-	-
Buildings	-	10,775	8,461	6,598	4,939	3,452
Machinery	-	13,524	11,067	9,281	6,940	5,011
Construction In Progress	-	1,148	3,864	3,160	2,691	2,134

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