Xiwang Foodstuffs 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	1,743	1,829	1,812	1,721	1,532	1,639
Trading Asset Securities	9.24	11.47	1.79	0.46	0.5	3.78
Cash & Short-Term Investments	1,752	1,840	1,814	1,721	1,532	1,643
Cash Growth	1.98%	1.46%	5.39%	12.32%	-6.74%	-22.60%
Accounts Receivable	241.39	261.35	218.26	321.24	316.69	267.99
Other Receivables	53.2	38.2	38.27	36.25	45.93	52.52
Receivables	294.58	299.55	256.53	357.49	362.62	320.51
Inventory	584.29	591.43	707.21	929.65	1,000	979.18
Other Current Assets	281.39	230.42	172.68	115.46	186.91	376.75
Total Current Assets	2,912	2,962	2,950	3,124	3,082	3,320
Property, Plant & Equipment	669.26	680.92	721.27	763.7	804.69	745.78
Long-Term Investments	94.08	93.15	103.88	112.57	126.87	120.59
Goodwill	-	-	-	147.47	145.01	354.41
Other Intangible Assets	610.88	621.46	2,043	2,757	2,725	3,040
Long-Term Deferred Tax Assets	19.7	7.09	306.84	217.75	155.24	86.97
Long-Term Deferred Charges	1.9	1.99	-	-	-	4.6
Other Long-Term Assets	34.21	33.72	37.38	32.91	37.73	42.04
Total Assets	4,342	4,400	6,163	7,155	7,077	7,714
Accounts Payable	274.43	275.49	219.47	427.75	374.38	508.71
Accrued Expenses	15.28	211.23	121.25	88.67	120.14	127.95
Short-Term Debt	1,029	1,032	1,013	1,055	1,139	1,087
Current Portion of Long-Term Debt	708.89	721.22	789.65	776.3	61.51	124.45
Current Portion of Leases	-	8.2	6.71	7.27	22.31	13.75
Current Income Taxes Payable	22.79	9.66	12.22	1.23	3.27	12.14
Current Unearned Revenue	71.56	98.72	127.17	241.36	201.41	128.23
Other Current Liabilities	264.53	73.86	68.43	93.88	66.9	45.05
Total Current Liabilities	2,387	2,430	2,357	2,691	1,989	2,047
Long-Term Debt	74.6	74.6	74.75	39.31	758.83	629.04
Long-Term Leases	7.41	9.1	17.25	18.33	13.28	16.04
Long-Term Unearned Revenue	14.34	14.5	17.58	13.3	3.5	-
Long-Term Deferred Tax Liabilities	3.62	4.19	257.35	397	395.21	563.03
Other Long-Term Liabilities	92.68	93.22	89.92	83.08	0.17	0.8
Total Liabilities	2,579	2,626	2,814	3,242	3,160	3,256
Common Stock	1,079	1,079	1,079	1,079	1,079	1,079
Additional Paid-In Capital	1,604	1,604	1,604	1,604	1,602	1,602
Retained Earnings	-1,122	-1,113	129.29	572.86	589.72	1,208
Comprehensive Income & Other	90.01	87.8	101.66	81.79	52.55	-111.4
Total Common Equity	1,651	1,658	2,914	3,338	3,324	3,779
Minority Interest	111.7	116.11	434.04	575.08	593.55	678.82
Shareholders' Equity	1,763	1,775	3,349	3,913	3,918	4,458
Total Liabilities & Equity	4,342	4,400	6,163	7,155	7,077	7,714
Total Debt	1,820	1,845	1,901	1,896	1,995	1,870
Net Cash (Debt)	-68.06	-4.34	-86.85	-174.87	-462.2	-227.35
Net Cash Per Share	-0.06	-0.00	-0.08	-0.16	-0.43	-0.21
Filing Date Shares Outstanding	1,080	1,079	1,079	1,079	1,079	1,079
Total Common Shares Outstanding	1,080	1,079	1,079	1,079	1,079	1,079
Working Capital	525.63	531.79	593.02	432.48	1,094	1,272
Book Value Per Share	1.53	1.54	2.70	3.09	3.08	3.50
Tangible Book Value	1,040	1,037	871.5	433.3	453.84	384.35
Tangible Book Value Per Share	0.96	0.96	0.81	0.40	0.42	0.36
Buildings	-	587.45	581.22	581.22	499.73	414.74
Machinery	-	550.92	549.09	547.28	535.8	536.15
Construction In Progress	-	76.72	81.46	81.88	157.93	143.46

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