Ningbo Donly Co.,Ltd 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	197.99	339.95	222.15	183.5	174.27	465.03
Trading Asset Securities	0.22	0.22	0.22	0.21	0.24	0.32
Cash & Short-Term Investments	198.21	340.18	222.37	183.71	174.51	465.35
Cash Growth	124.43%	52.98%	21.04%	5.27%	-62.50%	271.05%
Accounts Receivable	528.77	470.3	469.98	489.02	433.41	317.07
Other Receivables	6.09	4.86	3.14	4.74	19.97	14.46
Receivables	534.86	475.16	473.12	493.77	453.38	331.53
Inventory	473.19	465.59	433.8	422.32	489.53	461.47
Prepaid Expenses	-	-	0.95	3.68	0.7	-
Other Current Assets	48.89	34.68	24.5	22.82	11.4	9.84
Total Current Assets	1,255	1,316	1,155	1,126	1,130	1,268
Property, Plant & Equipment	1,091	1,088	912.56	836.54	842.88	483.41
Long-Term Investments	1.64	1.64	45.07	50.74	50.82	49.97
Goodwill	34.2	34.2	34.2	34.2	34.2	34.2
Other Intangible Assets	96.51	97.39	100.85	104.8	112.35	92.56
Long-Term Deferred Tax Assets	39.82	41.23	37.36	31.71	25.16	16.33
Long-Term Deferred Charges	26.54	24.66	20.05	19.84	15.96	7.15
Other Long-Term Assets	132.73	88.35	64.8	116.99	105.2	405.97
Total Assets	2,678	2,691	2,370	2,321	2,316	2,358
Accounts Payable	548.42	524.35	506.86	405.34	408.6	365.1
Accrued Expenses	28.95	45.02	77.67	76.69	99.65	126.29
Short-Term Debt	95.09	85.24	160.59	310.27	292.91	293.97
Current Portion of Long-Term Debt	50.7	66.15	0.45	-	-	-
Current Portion of Leases	-	-	7.24	4.87	8.22	2.31
Current Income Taxes Payable	16.32	21.62	1.6	0.93	6.81	41.7
Current Unearned Revenue	110.98	127.26	135.5	101.33	101.72	112.79
Other Current Liabilities	55.42	64.27	24.65	61.02	66.59	24.32
Total Current Liabilities	905.88	933.91	914.55	960.46	984.5	966.48
Long-Term Debt	90.71	110.95	49.6	-	-	-
Long-Term Leases	22.11	22.44	-	9.4	12.81	0.96
Long-Term Unearned Revenue	62.27	46.51	26.13	15.52	18.79	16.46
Long-Term Deferred Tax Liabilities	6.29	6.38	3.72	5.42	7.33	-
Other Long-Term Liabilities	-	-	-	0.75	2.46	412
Total Liabilities	1,087	1,120	994	991.55	1,026	1,396
Common Stock	532.17	532.17	532.17	532.17	532.17	532.17
Additional Paid-In Capital	1,081	1,081	1,081	1,081	1,082	1,082
Retained Earnings	-22.33	-44.11	-240.01	-285.93	-326.35	-654.47
Comprehensive Income & Other	-0.76	0.97	-	-	-	-
Total Common Equity	1,590	1,570	1,373	1,327	1,288	959.38
Minority Interest	0.53	0.54	2.3	2.21	2.64	2.51
Shareholders' Equity	1,590	1,570	1,376	1,330	1,290	961.89
Total Liabilities & Equity	2,678	2,691	2,370	2,321	2,316	2,358
Total Debt	258.6	284.77	217.88	324.55	313.94	297.24
Net Cash (Debt)	-60.39	55.41	4.49	-140.84	-139.43	168.11
Net Cash Growth	-	1133.14%	-	-	-	-
Net Cash Per Share	-0.11	0.10	0.01	-0.28	-0.26	0.32
Filing Date Shares Outstanding	544.41	523.66	532.17	532.17	532.17	532.17
Total Common Shares Outstanding	544.41	523.66	532.17	532.17	532.17	532.17
Working Capital	349.27	381.69	240.18	165.84	145.01	301.71
Book Value Per Share	2.92	3.00	2.58	2.49	2.42	1.80
Tangible Book Value	1,459	1,438	1,238	1,188	1,141	832.62
Tangible Book Value Per Share	2.68	2.75	2.33	2.23	2.14	1.56
Buildings	-	-	799.67	801.73	824.59	454.81
Machinery	-	-	905.99	863.17	833.95	807.93
Construction In Progress	-	-	167.42	68.9	20.61	47.58

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