Bengang Steel Plates 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	2,911	1,127	2,454	2,210	1,461	8,831
Cash & Short-Term Investments	2,911	1,127	2,454	2,210	1,461	8,831
Cash Growth	34.61%	-54.06%	11.03%	51.25%	-83.45%	-51.95%
Accounts Receivable	1,965	1,910	1,173	2,591	1,465	3,328
Other Receivables	4.34	4.03	149.02	318.83	127.2	165.94
Receivables	1,969	1,914	1,322	2,909	1,592	3,494
Inventory	6,083	6,369	7,333	7,770	8,464	10,190
Prepaid Expenses	-	-	-	17.22	166.99	444.01
Other Current Assets	740.13	765.1	828.9	817.71	1,476	1,305
Total Current Assets	11,703	10,176	11,938	13,724	13,159	24,265
Property, Plant & Equipment	34,123	34,095	32,047	30,802	29,375	29,355
Long-Term Investments	933.69	933.69	978.84	1,021	1,071	1,045
Other Intangible Assets	380.88	383.66	394.78	363.82	262.78	297.92
Long-Term Deferred Tax Assets	111.24	124.21	371.23	467.04	481.39	153.76
Long-Term Deferred Charges	3.7	3.7	-	-	-	-
Other Long-Term Assets	54.16	54.63	86.3	139.32	110.07	30.63
Total Assets	47,310	45,770	45,816	46,518	44,460	55,147
Accounts Payable	16,157	15,630	15,744	13,180	8,086	9,987
Accrued Expenses	6.71	39.84	37.66	42.32	42.97	230.55
Short-Term Debt	1,868	333.66	371.06	328	49.2	4,053
Current Portion of Long-Term Debt	6,912	6,593	912.26	685.88	2,546	272
Current Portion of Leases	-	348.08	118.24	-	40.32	38.78
Current Income Taxes Payable	42.14	14.25	16.03	16.65	11.47	35.81
Current Unearned Revenue	2,567	2,737	2,909	3,318	3,794	4,708
Other Current Liabilities	2,827	3,059	2,686	2,127	1,741	1,960
Total Current Liabilities	30,380	28,754	22,794	19,699	16,311	21,286
Long-Term Debt	6,784	6,014	8,462	7,175	7,003	9,277
Long-Term Leases	2,433	2,239	1,634	1,342	1,384	1,425
Long-Term Unearned Revenue	157.94	158.2	173.92	174.14	42.38	93.11
Long-Term Deferred Tax Liabilities	-	-	252.89	329.91	345.02	-
Total Liabilities	39,754	37,166	33,317	28,720	25,086	32,081
Common Stock	4,108	4,108	4,108	4,108	4,108	4,108
Additional Paid-In Capital	-	13,110	13,110	13,306	13,156	13,156
Retained Earnings	-11,315	-10,244	-6,302	-1,220	474.56	4,172
Comprehensive Income & Other	14,079	961.98	971.17	1,014	1,050	1,064
Total Common Equity	6,872	7,936	11,887	17,209	18,789	22,501
Minority Interest	684.04	667.99	611.92	589.07	584.59	565.44
Shareholders' Equity	7,556	8,604	12,499	17,798	19,374	23,066
Total Liabilities & Equity	47,310	45,770	45,816	46,518	44,460	55,147
Total Debt	17,997	15,529	11,497	9,531	11,023	15,066
Net Cash (Debt)	-15,086	-14,401	-9,043	-7,321	-9,562	-6,235
Net Cash Per Share	-3.67	-3.51	-2.20	-1.78	-2.33	-1.24
Filing Date Shares Outstanding	4,108	4,108	4,108	4,108	4,108	4,108
Total Common Shares Outstanding	4,108	4,108	4,108	4,108	4,108	4,108
Working Capital	-18,677	-18,579	-10,856	-5,975	-3,151	2,979
Book Value Per Share	1.67	1.93	2.89	4.19	4.57	5.48
Tangible Book Value	6,491	7,552	11,492	16,845	18,526	22,203
Tangible Book Value Per Share	1.58	1.84	2.80	4.10	4.51	5.40
Buildings	-	14,430	14,179	13,032	13,182	13,161
Machinery	-	56,330	53,322	52,161	51,103	50,393
Construction In Progress	-	3,075	3,934	4,308	3,158	2,434

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