Jiangsu Dagang 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	278.93	280.56	263	278.58	398.94	465.47
Trading Asset Securities	-	-	-	-	-	107.8
Cash & Short-Term Investments	278.93	280.56	263	278.58	398.94	573.27
Cash Growth	6.17%	6.68%	-5.59%	-30.17%	-30.41%	35.64%
Accounts Receivable	107.15	101.06	96.13	127.94	234.79	200.88
Other Receivables	6.96	4.98	5.87	8.01	14.31	47.45
Receivables	114.11	106.04	102	135.94	249.09	248.33
Inventory	175.35	178.96	191.88	219.48	227.62	235.16
Prepaid Expenses	-	-	0.46	0.28	2.89	0.65
Other Current Assets	32.22	33.45	14.76	19.26	24.4	41.07
Total Current Assets	600.62	599	572.11	653.55	902.95	1,098
Property, Plant & Equipment	545.32	534.41	609.04	658.54	939.96	889.49
Long-Term Investments	2,229	2,176	2,095	2,015	1,601	1,495
Goodwill	115.64	115.64	116.26	135.09	90.58	90.58
Other Intangible Assets	42.02	42.75	44.93	46.59	46.53	50.65
Long-Term Deferred Tax Assets	69.92	73.47	73.43	78.83	73.61	76.26
Long-Term Deferred Charges	21	22.43	30.01	39.23	52.76	60.74
Other Long-Term Assets	600.41	605.96	629.34	653.34	723.92	694.22
Total Assets	4,224	4,170	4,170	4,280	4,432	4,455
Accounts Payable	151.88	152.09	168.87	224.49	213	242.87
Accrued Expenses	14.15	19.09	20.82	18.63	28.23	48.42
Short-Term Debt	74.05	61.04	186.66	187.65	244.74	311.96
Current Portion of Long-Term Debt	176.91	127.96	58.06	106.12	40.05	38.51
Current Portion of Leases	-	-	11.56	10.41	13.42	12.04
Current Income Taxes Payable	6.1	22.37	1.63	2.11	2.97	2.85
Current Unearned Revenue	2.67	2.88	0.54	0.81	4.3	6.37
Other Current Liabilities	19.11	17.66	21.72	24.38	102.73	37.1
Total Current Liabilities	444.87	403.08	469.86	574.61	649.45	700.11
Long-Term Debt	191.67	240.71	240.82	287.81	260.33	280.38
Long-Term Leases	29.48	8.81	14.14	16.03	2.07	7.53
Long-Term Unearned Revenue	24.56	26.37	34.41	26.58	45.63	46.88
Long-Term Deferred Tax Liabilities	9.26	6.13	5.6	6.76	6.55	28.27
Other Long-Term Liabilities	25.54	25.52	24.38	21.4	20.43	11.66
Total Liabilities	725.39	710.62	789.21	933.19	984.45	1,075
Common Stock	580.35	580.35	580.35	580.35	580.35	580.35
Additional Paid-In Capital	2,907	2,907	2,907	2,907	2,905	2,905
Retained Earnings	-103	-141.4	-194.54	-218.17	-306.56	-356.99
Comprehensive Income & Other	-0.02	-0.02	-	-	-	-
Total Common Equity	3,384	3,346	3,293	3,269	3,179	3,128
Minority Interest	114.02	113.02	87.72	77.78	268.32	252.2
Shareholders' Equity	3,498	3,459	3,380	3,347	3,447	3,381
Total Liabilities & Equity	4,224	4,170	4,170	4,280	4,432	4,455
Total Debt	472.11	438.51	511.23	608.03	560.61	650.42
Net Cash (Debt)	-193.18	-157.95	-248.23	-329.45	-161.66	-77.15
Net Cash Per Share	-0.32	-0.27	-0.42	-0.56	-0.29	-0.13
Filing Date Shares Outstanding	548.61	620.5	580.35	580.35	580.35	580.35
Total Common Shares Outstanding	548.61	620.5	580.35	580.35	580.35	580.35
Working Capital	155.75	195.92	102.25	78.94	253.49	398.38
Book Value Per Share	6.17	5.39	5.67	5.63	5.48	5.39
Tangible Book Value	3,227	3,187	3,132	3,087	3,042	2,987
Tangible Book Value Per Share	5.88	5.14	5.40	5.32	5.24	5.15
Buildings	-	-	345.64	224.23	263.81	244.73
Machinery	-	-	774.88	763.08	1,056	983.69
Construction In Progress	-	-	24.23	120.57	165.32	86.46

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