Shengda Resources 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	588.86	747.25	965.04	446.86	277.9	372.81
Trading Asset Securities	342.73	341.98	343.29	345.32	354.8	351.74
Cash & Short-Term Investments	931.59	1,089	1,308	792.18	632.7	724.55
Cash Growth	-6.58%	-16.75%	65.15%	25.21%	-12.68%	-37.62%
Accounts Receivable	36.7	51.21	23.83	53.73	15.92	102.2
Other Receivables	42.78	29.11	75.64	43.65	34.34	610.45
Receivables	79.47	80.33	99.46	97.38	50.26	712.65
Inventory	354.32	339.22	334.05	245.91	244.59	214.05
Prepaid Expenses	-	0.23	0.23	0.17	2.11	0.03
Other Current Assets	117.25	91.3	52.46	642.56	619.03	34.74
Total Current Assets	1,483	1,600	1,795	1,778	1,549	1,686
Property, Plant & Equipment	2,915	2,738	2,255	2,408	2,350	2,264
Long-Term Investments	648.37	607.5	599.72	739.66	704.56	687.19
Goodwill	-	-	-	27.61	38.49	38.49
Other Intangible Assets	3,365	1,651	1,686	1,347	509.24	538.88
Long-Term Deferred Tax Assets	32.53	28.28	28.02	24.93	20.52	10.37
Long-Term Deferred Charges	60.53	43.72	45.55	40.07	44.49	44.5
Other Long-Term Assets	29.44	449.26	197.35	183.98	165.73	51.62
Total Assets	8,534	7,119	6,607	6,550	5,382	5,321
Accounts Payable	268.3	357.3	425.13	472.02	359.83	332.5
Accrued Expenses	17.78	110.39	94.84	72.76	63.88	96.34
Short-Term Debt	1,019	943.59	930.89	751.54	348.06	421.89
Current Portion of Long-Term Debt	464.17	115.95	103.97	31.81	358.63	198.72
Current Portion of Leases	-	223.85	196.55	143.41	66.84	47.96
Current Income Taxes Payable	12.94	43.95	19.23	10.11	55.71	110.59
Current Unearned Revenue	36.16	61.68	19.78	30.24	79.13	118.97
Other Current Liabilities	384.78	212.95	445.9	332.76	131.49	297.71
Total Current Liabilities	2,203	2,070	2,236	1,845	1,464	1,625
Long-Term Debt	947.59	517.17	249.24	143.5	130	485.53
Long-Term Leases	7.01	297.6	284.3	368.25	81.96	43.13
Long-Term Unearned Revenue	5.31	5.49	6.18	6.91	3.13	3.66
Long-Term Deferred Tax Liabilities	485.82	127.32	122.53	126.3	17.14	15.18
Other Long-Term Liabilities	390.96	148.29	141.02	151.64	150	2.69
Total Liabilities	4,040	3,166	3,040	2,641	1,846	2,175
Common Stock	128.67	128.67	128.67	128.67	128.67	128.67
Additional Paid-In Capital	29.6	-	-	448.28	452.14	452.14
Retained Earnings	3,721	3,642	3,178	2,840	2,692	2,327
Comprehensive Income & Other	-304.49	-275.82	-263.81	-290.77	-295.58	-295.73
Total Common Equity	3,575	3,495	3,043	3,126	2,977	2,612
Minority Interest	919.65	458.53	524.01	782.66	559.18	534.21
Shareholders' Equity	4,495	3,953	3,567	3,909	3,536	3,146
Total Liabilities & Equity	8,534	7,119	6,607	6,550	5,382	5,321
Total Debt	2,437	2,098	1,765	1,439	985.49	1,197
Net Cash (Debt)	-1,506	-1,009	-456.64	-646.33	-352.79	-472.68
Net Cash Per Share	-2.18	-1.46	-0.67	-0.92	-0.51	-0.68
Filing Date Shares Outstanding	689.88	684.59	684.59	689.97	689.97	689.97
Total Common Shares Outstanding	689.88	684.59	684.59	689.97	689.97	689.97
Working Capital	-720.22	-469.36	-441.78	-66.46	85.13	61.34
Book Value Per Share	5.18	5.10	4.45	4.53	4.31	3.79
Tangible Book Value	209.78	1,843	1,357	1,751	2,429	2,035
Tangible Book Value Per Share	0.30	2.69	1.98	2.54	3.52	2.95
Buildings	-	902.32	696.52	693.42	663.29	668.31
Machinery	-	988.37	921.54	921.87	893.53	858.49
Construction In Progress	-	253.69	390.27	633.63	612.56	558.99

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