Phoenix Shipping (Wuhan) 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	203.24	206.04	107.7	90.14	169.64	89.3
Trading Asset Securities	35.18	45.07	-	-	-	-
Cash & Short-Term Investments	238.42	251.11	107.7	90.14	169.64	89.3
Cash Growth	135.65%	133.16%	19.48%	-46.86%	89.98%	2.24%
Accounts Receivable	131.83	102.92	89.98	105.45	75.29	85.41
Other Receivables	7.59	1.47	2.6	11.13	10.12	14.69
Receivables	139.42	104.39	92.58	116.58	85.41	100.1
Inventory	8.6	12.11	11.42	13.3	13.82	9.02
Other Current Assets	13.2	21.93	19.38	16.25	16.64	93.72
Total Current Assets	399.64	389.54	231.08	236.28	285.51	292.14
Property, Plant & Equipment	286.49	291.29	425.6	495.23	486.5	512.91
Other Intangible Assets	0.5	0.51	-	-	-	-
Long-Term Deferred Tax Assets	6.53	6.64	3.95	9.54	1.75	0.49
Long-Term Deferred Charges	2.65	2.88	-	-	-	-
Other Long-Term Assets	-	-	0.75	1.17	-	-
Total Assets	695.8	690.87	661.38	742.22	773.76	805.54
Accounts Payable	67.38	68.59	73.12	36.59	26.16	35.88
Accrued Expenses	31.29	38.32	36.09	38.52	61.6	61.27
Short-Term Debt	13.34	23.37	14.1	20.02	40.04	20.03
Current Portion of Leases	-	4.69	5.29	9.91	13.52	12.38
Current Income Taxes Payable	1.66	0.47	0.38	0.09	2.99	12.3
Current Unearned Revenue	16.69	6.57	2.53	3.13	12.01	37.48
Other Current Liabilities	80.33	70.63	42.6	47.85	53.92	56.02
Total Current Liabilities	214.99	212.62	174.12	156.11	210.26	235.35
Long-Term Leases	17.77	18.2	18.45	28.62	3.53	37.42
Long-Term Deferred Tax Liabilities	6.02	6.22	3.74	9	0.84	-
Other Long-Term Liabilities	35.9	35.91	6.32	4.17	5.37	14.47
Total Liabilities	274.69	272.95	202.62	197.9	220	287.24
Common Stock	1,012	1,012	1,012	1,012	1,012	1,012
Additional Paid-In Capital	1,960	1,960	1,960	1,960	1,961	1,961
Retained Earnings	-2,510	-2,514	-2,470	-2,387	-2,378	-2,414
Comprehensive Income & Other	-40.83	-40.73	-43.82	-40.97	-40.7	-39.87
Shareholders' Equity	421.12	417.91	458.77	544.32	553.76	518.3
Total Liabilities & Equity	695.8	690.87	661.38	742.22	773.76	805.54
Total Debt	35.39	46.26	37.83	58.55	57.1	69.83
Net Cash (Debt)	203.03	204.85	69.87	31.6	112.54	19.47
Net Cash Growth	317.18%	193.20%	121.13%	-71.92%	478.06%	-68.75%
Net Cash Per Share	0.20	0.20	0.07	0.03	0.11	0.02
Filing Date Shares Outstanding	1,001	1,012	1,012	1,012	1,012	1,012
Total Common Shares Outstanding	1,001	1,012	1,012	1,012	1,012	1,012
Working Capital	184.66	176.92	56.97	80.17	75.25	56.79
Book Value Per Share	0.42	0.41	0.45	0.54	0.55	0.51
Tangible Book Value	420.62	417.4	458.77	544.32	553.76	518.3
Tangible Book Value Per Share	0.42	0.41	0.45	0.54	0.55	0.51
Buildings	-	3.21	3.21	3.21	3.21	3.21
Machinery	-	391.68	549.68	582.23	584.99	585.17

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