Qingdao Foods 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	300.54	330.02	239.45	170.35	182.56	460.22
Short-Term Investments	-	101.54	-	30.05	30	-
Trading Asset Securities	477.72	430.55	495.9	762.08	662.96	293.26
Cash & Short-Term Investments	778.26	862.11	735.35	962.48	875.52	753.48
Cash Growth	5.06%	17.24%	-23.60%	9.93%	16.20%	95.90%
Accounts Receivable	18.09	19.22	14.24	21.43	22.76	19.71
Other Receivables	0.61	0.33	0.08	1.63	3.81	4.46
Receivables	18.7	19.55	24.31	23.06	26.57	24.17
Inventory	23.43	30.54	51.25	26.06	21.99	27.66
Other Current Assets	41.34	18.41	3.36	0.82	0.31	2.02
Total Current Assets	861.74	930.61	814.28	1,012	924.4	807.33
Property, Plant & Equipment	29.12	29.82	30.73	29.22	36.11	39.94
Long-Term Investments	335.23	333.32	269.16	-	30.08	60.08
Other Intangible Assets	13.37	13.6	14.51	15.39	13.59	13.89
Long-Term Deferred Tax Assets	9.27	9.44	7.83	5.75	4.8	3.36
Other Long-Term Assets	11.41	11.78	16.64	11.66	9.2	9.63
Total Assets	1,260	1,329	1,153	1,074	1,018	934.23
Accounts Payable	62.94	137.28	48.13	52.52	34.34	40.36
Accrued Expenses	3.79	13.98	12.08	5.75	10.86	9.75
Short-Term Debt	49	49	-	-	-	-
Current Income Taxes Payable	6.41	3.78	3.69	0.41	2.89	0.01
Current Unearned Revenue	19.27	39.36	45.75	29.41	33.96	15.62
Other Current Liabilities	20.11	18.1	14.43	10.77	12.02	9.57
Total Current Liabilities	161.52	261.5	124.07	98.87	94.07	75.31
Long-Term Unearned Revenue	0.54	0.58	0.76	0.94	1	1.16
Pension & Post-Retirement Benefits	-	-	1.01	-	-	-
Other Long-Term Liabilities	4.49	4.54	-	-	-	-
Total Liabilities	166.55	266.62	125.85	99.81	95.07	76.48
Common Stock	194.98	194.98	194.98	149.99	115.38	88.75
Additional Paid-In Capital	262.97	262.97	262.97	307.96	342.58	369.2
Retained Earnings	632.97	601.45	568.58	516.1	464.6	399.8
Comprehensive Income & Other	1.13	1.01	0.78	0.59	0.55	-
Total Common Equity	1,092	1,060	1,027	974.63	923.11	857.75
Minority Interest	1.54	1.52	-	-	-	-
Shareholders' Equity	1,094	1,062	1,027	974.63	923.11	857.75
Total Liabilities & Equity	1,260	1,329	1,153	1,074	1,018	934.23
Total Debt	49	49	-	-	-	-
Net Cash (Debt)	729.26	813.11	735.35	962.48	875.52	753.48
Net Cash Growth	-1.55%	10.58%	-23.60%	9.93%	16.20%	95.90%
Net Cash Per Share	3.75	4.17	3.77	4.94	4.49	4.88
Filing Date Shares Outstanding	196.96	194.98	194.98	194.98	194.98	194.98
Total Common Shares Outstanding	196.96	194.98	194.98	194.98	194.98	194.98
Working Capital	700.21	669.11	690.21	913.55	830.32	732.01
Book Value Per Share	5.54	5.44	5.27	5.00	4.73	4.40
Tangible Book Value	1,079	1,047	1,013	959.24	909.51	843.86
Tangible Book Value Per Share	5.48	5.37	5.19	4.92	4.66	4.33
Buildings	-	76	76	76	76	76
Machinery	-	83.94	84.36	78.79	79.27	78.8
Construction In Progress	-	0.64	1.38	0.32	2.49	0.98

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