Alpha Group 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	408.72	471.39	547.6	585.98	723.61	916.57
Trading Asset Securities	92.66	61.47	20	-	107.63	-
Cash & Short-Term Investments	501.38	532.86	567.6	585.98	831.24	916.57
Cash Growth	-13.39%	-6.12%	-3.14%	-29.50%	-9.31%	59.06%
Accounts Receivable	474.89	373.66	443.81	420.31	369.77	335.72
Other Receivables	18.72	19.04	73.06	41.27	50.33	385.04
Receivables	493.6	392.7	516.87	461.58	420.1	720.76
Inventory	563.45	581.09	583.08	640.48	819	767.04
Prepaid Expenses	-	-	3.67	4.42	6.16	9.54
Other Current Assets	81.83	85.21	53.4	55.71	75.57	146.97
Total Current Assets	1,640	1,592	1,725	1,748	2,152	2,561
Property, Plant & Equipment	332.46	342.6	395.9	483.22	553.18	552.82
Long-Term Investments	590.34	590.77	600.68	895	904.24	837.72
Goodwill	1,239	1,263	1,291	1,478	1,465	1,358
Other Intangible Assets	79.59	81.02	80.12	88.85	100.63	103.93
Long-Term Deferred Tax Assets	221.33	235.46	255.73	263.72	264.75	248.2
Long-Term Deferred Charges	11.55	11.06	9.77	15.06	22.2	31.1
Other Long-Term Assets	12.6	13.75	20.61	34.91	45.94	43.99
Total Assets	4,127	4,130	4,378	5,007	5,508	5,737
Accounts Payable	279.43	269.85	365.91	405.92	579.56	494.14
Accrued Expenses	49.68	97.77	139.17	133.5	113.51	112.73
Short-Term Debt	477.26	464.61	547.65	748.79	926.12	1,250
Current Portion of Long-Term Debt	46.11	44.66	-	-	42.56	12.52
Current Portion of Leases	-	-	44.42	57.71	59.3	49.12
Current Income Taxes Payable	18.4	12.96	4.75	2.5	2.69	4.33
Current Unearned Revenue	102.52	106.28	104.45	101.89	132.17	136.4
Other Current Liabilities	49.34	48.56	18.65	21.45	64.59	96.33
Total Current Liabilities	1,023	1,045	1,225	1,472	1,921	2,156
Long-Term Debt	36	36	-	-	40.06	43.28
Long-Term Leases	73.83	82.45	126.55	180.96	234.07	256.95
Long-Term Unearned Revenue	1.06	1.11	1.34	1.88	5.69	7.43
Long-Term Deferred Tax Liabilities	1.53	1.55	1.66	1.75	1.75	1.82
Other Long-Term Liabilities	2.13	2.13	1.5	0.86	3.45	1.96
Total Liabilities	1,137	1,168	1,356	1,657	2,206	2,467
Common Stock	1,479	1,479	1,479	1,479	1,479	1,479
Additional Paid-In Capital	2,471	2,466	2,458	2,448	2,467	2,457
Retained Earnings	-675.94	-730.66	-787.47	-498.88	-564.24	-392.91
Treasury Stock	-80.87	-80.87	-	-	-	-
Comprehensive Income & Other	-219.97	-186.78	-143.75	-98.97	-108.65	-302.88
Total Common Equity	2,973	2,946	3,005	3,329	3,273	3,240
Minority Interest	16.61	15.68	16.73	20.17	29.44	29.55
Shareholders' Equity	2,990	2,962	3,022	3,349	3,302	3,270
Total Liabilities & Equity	4,127	4,130	4,378	5,007	5,508	5,737
Total Debt	633.2	627.73	718.63	987.46	1,302	1,612
Net Cash (Debt)	-131.82	-94.87	-151.02	-401.48	-470.88	-695.76
Net Cash Per Share	-0.10	-0.07	-0.10	-0.26	-0.33	-0.50
Filing Date Shares Outstanding	1,368	1,316	1,479	1,479	1,479	1,479
Total Common Shares Outstanding	1,368	1,316	1,479	1,479	1,479	1,479
Working Capital	617.53	547.16	499.61	276.41	231.56	404.84
Book Value Per Share	2.17	2.24	2.03	2.25	2.21	2.19
Tangible Book Value	1,655	1,602	1,635	1,763	1,707	1,778
Tangible Book Value Per Share	1.21	1.22	1.11	1.19	1.15	1.20
Buildings	-	-	266.57	266.41	265.21	223.13
Machinery	-	-	260.2	299.42	299.35	298.94
Construction In Progress	-	-	0.96	-	-	0.53

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