Jiangxi Ganneng 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	464.73	453.02	313.02	504.03	783.33	758.77
Accounts Receivable	733.76	994.32	763.2	801.46	480.87	221.29
Other Receivables	31.13	24.84	22.77	25.06	9.09	7.8
Inventory	348.02	496.36	411.66	352.62	389.28	324.34
Other Current Assets	1,092	1,031	788.22	410.97	337.81	226.11
Total Current Assets	2,670	2,999	2,299	2,094	2,000	1,538
Property, Plant & Equipment	16,085	16,270	12,020	9,049	7,968	6,615
Other Intangible Assets	160.89	160.5	152.77	144.5	64.38	59.8
Long-Term Investments	2,185	2,152	1,740	1,677	1,673	1,605
Long-Term Deferred Tax Assets	22.61	22.61	15.54	15.5	13.24	12.63
Long-Term Deferred Charges	1.07	1.15	3.48	1.68	2.38	1.05
Other Long-Term Assets	168.35	150.08	1,171	849.81	100.5	23.62
Total Assets	21,293	21,755	17,402	13,832	11,822	9,855
Accounts Payable	1,726	1,948	1,312	793.58	777.06	612.29
Accrued Expenses	68.43	98.73	53.04	69.66	58.33	29.92
Short-Term Debt	1,442	876.08	643.59	100.08	978.89	1,383
Current Portion of Long-Term Debt	550.85	2,286	532.98	1,016	574.09	52.4
Current Unearned Revenue	0.41	0.2	1.72	0.27	0.22	4.22
Current Portion of Leases	-	3.21	2.15	3.83	3.59	2.94
Current Income Taxes Payable	60.35	0.85	0.21	0	0.3	0.29
Other Current Liabilities	47.36	61	61.8	251.96	243.34	111.7
Total Current Liabilities	3,895	5,274	2,608	2,236	2,636	2,197
Long-Term Debt	9,501	8,850	8,801	6,135	4,405	2,931
Long-Term Leases	65.42	64.11	53.14	41.42	28.36	18.48
Long-Term Unearned Revenue	8.25	8.42	7.35	7.34	10.11	3.24
Long-Term Deferred Tax Liabilities	14.93	14.93	9.13	9.11	5.66	4.23
Total Liabilities	13,485	14,212	11,478	8,428	7,085	5,155
Common Stock	975.68	975.68	975.68	975.68	975.68	975.68
Additional Paid-In Capital	2,444	2,444	2,444	2,504	2,429	2,429
Retained Earnings	3,198	2,996	2,312	1,745	1,255	1,245
Comprehensive Income & Other	36.57	29.66	22.89	10.1	5.68	-
Total Common Equity	6,655	6,446	5,754	5,235	4,666	4,650
Minority Interest	1,153	1,098	170.31	168.67	70.86	50.94
Shareholders' Equity	7,808	7,543	5,925	5,404	4,737	4,701
Total Liabilities & Equity	21,293	21,755	17,402	13,832	11,822	9,855
Total Debt	11,559	12,080	10,032	7,296	5,990	4,389
Net Cash (Debt)	-11,095	-11,627	-9,719	-6,792	-5,207	-3,630
Net Cash Per Share	-11.35	-11.90	-9.94	-6.94	-4.89	-3.66
Filing Date Shares Outstanding	975.52	975.68	975.68	975.68	975.68	975.68
Total Common Shares Outstanding	975.52	975.68	975.68	975.68	975.68	975.68
Working Capital	-1,226	-2,275	-308.73	-141.45	-635.43	-658.89
Book Value Per Share	6.82	6.61	5.90	5.37	4.78	4.77
Tangible Book Value	6,494	6,285	5,602	5,091	4,602	4,590
Tangible Book Value Per Share	6.66	6.44	5.74	5.22	4.72	4.70
Buildings	-	4,528	3,125	3,103	2,941	1,864
Machinery	-	15,728	9,850	8,950	8,328	4,209
Construction In Progress	-	1,185	3,562	978.98	239.43	3,817

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