Jiangsu Eastern Shenghong 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	16,300	13,111	13,636	10,010	12,408	13,400
Trading Asset Securities	193.13	4.64	106.59	84.87	83.77	141.72
Cash & Short-Term Investments	16,494	13,116	13,743	10,095	12,491	13,542
Cash Growth	2.33%	-4.56%	36.14%	-19.19%	-7.76%	-29.16%
Accounts Receivable	5,246	3,284	2,962	2,106	915.15	957.74
Other Receivables	1,110	3,297	2,617	1,208	2,280	3,295
Receivables	6,356	6,581	5,578	3,314	3,195	4,253
Inventory	17,939	17,037	16,873	18,208	17,541	6,086
Other Current Assets	1,887	1,014	731.89	1,172	633.23	1,139
Total Current Assets	42,676	37,748	36,926	32,789	33,860	25,020
Property, Plant & Equipment	157,018	156,357	155,409	143,102	125,325	92,293
Long-Term Investments	727.86	727.31	674.98	664.95	697.33	727.83
Goodwill	736.56	736.56	736.56	692.06	692.06	694.98
Other Intangible Assets	4,782	4,777	4,886	4,895	4,510	3,055
Long-Term Deferred Tax Assets	2,661	3,020	2,530	1,014	928.21	472.4
Long-Term Deferred Charges	6.68	5.49	2.48	1.41	4.39	21.59
Other Long-Term Assets	1,751	1,856	3,147	7,056	4,761	9,764
Total Assets	210,359	205,228	204,312	190,215	170,778	132,049
Accounts Payable	13,466	14,777	14,251	16,341	16,050	18,489
Accrued Expenses	345.02	1,754	1,428	1,446	946.78	778.31
Short-Term Debt	52,470	50,848	52,682	41,698	26,175	11,898
Current Portion of Long-Term Debt	31,008	21,588	19,151	17,986	8,525	4,993
Current Portion of Leases	-	1,839	1,418	987.81	1,329	77.88
Current Income Taxes Payable	1,475	97.05	39.1	59.56	38.88	34.01
Current Unearned Revenue	2,765	2,336	2,517	2,305	1,401	884.41
Other Current Liabilities	2,427	1,651	612.54	1,255	2,257	2,639
Total Current Liabilities	103,956	94,890	92,099	82,078	56,724	39,794
Long-Term Debt	55,819	63,172	65,558	67,089	71,912	58,010
Long-Term Leases	7,915	6,046	6,254	2,598	2,464	1,968
Long-Term Unearned Revenue	2,384	2,400	2,400	2,428	2,326	2,254
Long-Term Deferred Tax Liabilities	511.39	495.4	507.99	509.76	982.69	542.45
Other Long-Term Liabilities	15.74	17.06	21.54	19.23	24.98	33.27
Total Liabilities	170,601	167,020	166,840	154,723	134,433	102,602
Common Stock	9,600	9,600	9,600	9,600	9,600	8,935
Additional Paid-In Capital	19,308	19,308	19,279	17,742	18,690	10,169
Retained Earnings	5,640	4,207	4,073	7,031	7,015	7,248
Comprehensive Income & Other	1,095	992.92	1,082	1,078	998.01	1,301
Total Common Equity	35,642	34,107	34,034	35,451	36,303	27,654
Minority Interest	4,116	4,100	3,438	41.09	42.19	1,793
Shareholders' Equity	39,758	38,208	37,472	35,492	36,345	29,447
Total Liabilities & Equity	210,359	205,228	204,312	190,215	170,778	132,049
Total Debt	147,212	143,493	145,063	130,359	110,405	76,947
Net Cash (Debt)	-130,719	-130,377	-131,320	-120,264	-97,914	-63,406
Net Cash Per Share	-19.77	-19.72	-19.86	-18.19	-15.18	-10.26
Filing Date Shares Outstanding	6,511	6,611	6,611	6,611	6,611	5,947
Total Common Shares Outstanding	6,511	6,611	6,611	6,611	6,611	4,835
Working Capital	-61,280	-57,141	-55,173	-49,290	-22,864	-14,773
Book Value Per Share	5.47	5.16	5.15	5.36	5.49	5.72
Tangible Book Value	30,123	28,594	28,411	29,864	31,101	23,904
Tangible Book Value Per Share	4.63	4.33	4.30	4.52	4.70	4.94
Buildings	-	49,423	44,587	41,461	18,336	11,875
Machinery	-	123,791	107,839	100,261	38,544	30,165
Construction In Progress	-	12,796	25,027	18,240	80,926	59,972

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