Changchai Company 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	1,124	1,248	892.68	971.63	930.01	707.97
Short-Term Investments	-	-	-	40.77	-	-
Trading Asset Securities	391.94	372.18	303.67	225.64	370.1	404.05
Cash & Short-Term Investments	1,516	1,620	1,196	1,238	1,300	1,112
Cash Growth	11.73%	35.43%	-3.37%	-4.77%	16.91%	44.00%
Accounts Receivable	1,478	1,003	986.33	674.05	910.26	1,207
Other Receivables	4.61	21.94	61.67	69.64	80.62	57.32
Receivables	1,482	1,025	1,048	743.69	990.88	1,264
Inventory	580.03	757.08	819.2	789.22	572	651.08
Prepaid Expenses	-	0.08	0.08	0.06	0.09	0.11
Restricted Cash	-	90.16	171.02	112.24	-	-
Other Current Assets	15.97	24.88	15.43	13.24	7.84	14.34
Total Current Assets	3,594	3,518	3,250	2,896	2,871	3,042
Property, Plant & Equipment	536.03	553.12	618.79	679.87	750.34	673.22
Long-Term Investments	996.42	981.36	941.12	969.49	994.87	817.78
Other Intangible Assets	132.07	133.75	142.81	148.46	157.39	155.15
Long-Term Deferred Tax Assets	9.37	7.35	6.46	1.52	26.22	10.69
Other Long-Term Assets	381.84	384.86	422.65	463.56	419.61	161.75
Total Assets	5,652	5,578	5,382	5,159	5,219	4,860
Accounts Payable	1,402	1,356	1,182	1,170	1,219	1,217
Accrued Expenses	23.43	165.09	134.95	121.91	188.15	173.18
Short-Term Debt	51.86	88.93	94.47	-	115.44	73.97
Current Income Taxes Payable	38.88	0.92	0.61	1.69	1.27	0.47
Current Unearned Revenue	61.86	70.15	61.82	35	33.68	27.53
Other Current Liabilities	203.59	103.36	210.24	96.4	107.19	114.34
Total Current Liabilities	1,782	1,784	1,684	1,425	1,665	1,606
Long-Term Unearned Revenue	25.12	25.98	29.39	32.8	36.21	39.62
Long-Term Deferred Tax Liabilities	153.61	159.45	154.45	171.84	161.36	117.34
Other Long-Term Liabilities	75.02	83.45	73	60.07	-	-
Total Liabilities	2,036	2,053	1,941	1,689	1,862	1,763
Common Stock	705.69	705.69	705.69	705.69	705.69	705.69
Additional Paid-In Capital	641.07	620.9	620.34	620.34	620.34	620.34
Retained Earnings	1,470	1,395	1,351	1,366	1,265	1,206
Comprehensive Income & Other	715.53	721.38	685.2	706.78	693.99	545.16
Total Common Equity	3,532	3,443	3,363	3,399	3,285	3,078
Minority Interest	84.65	81.98	77.9	71.12	72.46	19.42
Shareholders' Equity	3,617	3,525	3,441	3,470	3,357	3,097
Total Liabilities & Equity	5,652	5,578	5,382	5,159	5,219	4,860
Total Debt	51.86	88.93	94.47	-	115.44	73.97
Net Cash (Debt)	1,464	1,531	1,102	1,238	1,185	1,038
Net Cash Growth	22.71%	38.97%	-11.00%	4.50%	14.13%	38.36%
Net Cash Per Share	2.07	2.17	1.56	1.75	1.68	1.67
Filing Date Shares Outstanding	705.69	705.69	705.69	705.69	705.69	705.69
Total Common Shares Outstanding	705.69	705.69	705.69	705.69	705.69	705.69
Working Capital	1,812	1,734	1,566	1,472	1,206	1,435
Book Value Per Share	5.00	4.88	4.77	4.82	4.65	4.36
Tangible Book Value	3,400	3,309	3,220	3,250	3,127	2,922
Tangible Book Value Per Share	4.82	4.69	4.56	4.61	4.43	4.14
Buildings	-	635.92	642.5	683.97	710.6	457.38
Machinery	-	1,132	1,198	1,133	1,194	1,069
Construction In Progress	-	2.8	3.38	4.28	30.28	270.31

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