Qingdao Foods Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	307.08	239.45	170.35	182.56	460.22	133.88
Short-Term Investments	101.06	-	30.05	30	-	-
Trading Asset Securities	437.14	517.85	762.08	662.96	293.26	250.75
Cash & Short-Term Investments	845.29	757.3	962.48	875.52	753.48	384.63
Cash Growth	-5.88%	-21.32%	9.93%	16.20%	95.90%	7.19%
Accounts Receivable	23.55	14.24	21.43	22.76	19.71	22.48
Other Receivables	0.72	0.08	1.63	3.81	4.46	3.34
Receivables	24.26	24.31	23.06	26.57	24.17	25.82
Inventory	22.93	29.3	26.06	21.99	27.66	26.61
Other Current Assets	24.77	3.36	0.82	0.31	2.02	4.3
Total Current Assets	917.25	814.28	1,012	924.4	807.33	441.37
Property, Plant & Equipment	30.51	30.73	29.22	36.11	39.94	44.26
Long-Term Investments	301.12	269.16	-	30.08	60.08	30.03
Other Intangible Assets	13.83	14.51	15.39	13.59	13.89	14.25
Long-Term Deferred Tax Assets	7.45	7.83	5.75	4.8	3.36	6.14
Other Long-Term Assets	16.11	16.64	11.66	9.2	9.63	10.11
Total Assets	1,286	1,153	1,074	1,018	934.23	546.15
Accounts Payable	166.92	48.13	52.52	34.34	40.36	31.99
Accrued Expenses	3.63	12.08	5.75	10.86	9.75	8.56
Current Income Taxes Payable	9.4	3.69	0.41	2.89	0.01	4.19
Current Unearned Revenue	19.29	45.75	29.41	33.96	15.62	24.92
Other Current Liabilities	22.35	14.43	10.77	12.02	9.57	9.5
Total Current Liabilities	221.6	124.07	98.87	94.07	75.31	79.17
Long-Term Unearned Revenue	0.63	0.76	0.94	1	1.16	1.33
Pension & Post-Retirement Benefits	0.62	1.01	-	-	-	-
Total Liabilities	222.85	125.85	99.81	95.07	76.48	80.49
Common Stock	194.98	194.98	149.99	115.38	88.75	66.55
Additional Paid-In Capital	262.97	262.97	307.96	342.58	369.2	34.07
Retained Earnings	602.85	568.58	516.1	464.6	399.8	365.04
Comprehensive Income & Other	1.04	0.78	0.59	0.55	-	-
Shareholders' Equity	1,063	1,027	974.63	923.11	857.75	465.66
Total Liabilities & Equity	1,286	1,153	1,074	1,018	934.23	546.15
Net Cash (Debt)	845.29	757.3	962.48	875.52	753.48	384.63
Net Cash Growth	-5.88%	-21.32%	9.93%	16.20%	95.90%	7.19%
Net Cash Per Share	4.40	3.88	4.94	4.49	4.88	2.63
Filing Date Shares Outstanding	194.98	194.98	194.98	194.98	194.98	146.21
Total Common Shares Outstanding	194.98	194.98	194.98	194.98	194.98	146.21
Working Capital	695.65	690.21	913.55	830.32	732.01	362.2
Book Value Per Share	5.45	5.27	5.00	4.73	4.40	3.18
Tangible Book Value	1,048	1,013	959.24	909.51	843.86	451.41
Tangible Book Value Per Share	5.37	5.19	4.92	4.66	4.33	3.09
Buildings	-	76	76	76	76	76
Machinery	-	84.36	78.79	79.27	78.8	77.11
Construction In Progress	-	1.38	0.32	2.49	0.98	0.73

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.