Letong Chemical 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	Dec '21 Dec 31, 2021
Cash & Equivalents	3.98	21.7	11.82	17.51	6.26	12.6
Trading Asset Securities	-	-	-	-	0.42	-
Cash & Short-Term Investments	3.98	21.7	11.82	17.51	6.68	12.6
Cash Growth	-48.52%	83.64%	-32.51%	162.03%	-46.95%	-54.06%
Accounts Receivable	211.43	194.83	186.18	199.19	225.33	209.83
Other Receivables	2.38	1.04	1.99	2.1	1.88	2.22
Receivables	213.81	195.86	188.18	201.29	227.21	212.06
Inventory	55.04	40	44.03	40.28	46.61	57.04
Other Current Assets	4.49	1.87	0.28	5.49	0.36	0.53
Total Current Assets	277.32	259.44	244.31	264.57	280.86	282.23
Property, Plant & Equipment	283.56	287.44	298.93	316.92	324.04	338.24
Long-Term Investments	1.49	1.71	8.95	0.63	-	-
Other Intangible Assets	15.47	15.6	16.05	16.5	17.04	17.54
Long-Term Deferred Tax Assets	0	0	0	0	0	1.91
Other Long-Term Assets	3.68	3.7	7.49	8.88	12.15	15.98
Total Assets	581.52	567.89	575.73	607.49	634.09	655.89
Accounts Payable	73.1	72.82	79.17	71.61	104.51	78.4
Accrued Expenses	4.06	5.66	11.39	64.5	67.69	64.47
Short-Term Debt	195.2	195.2	195.24	195.27	195.27	199.14
Current Portion of Long-Term Debt	1.06	1.4	-	-	-	-
Current Portion of Leases	-	-	1.4	1.38	0.04	1.49
Current Income Taxes Payable	2.66	5.96	0.05	0.01	0.01	1.13
Current Unearned Revenue	1.92	0.16	0.28	0.49	3.28	4.44
Other Current Liabilities	127.5	117.2	111.01	193.47	189.66	200.68
Total Current Liabilities	405.49	398.41	398.53	526.74	560.47	549.74
Long-Term Leases	-	-	-	1.4	-	0.05
Total Liabilities	405.49	398.41	398.53	528.14	560.47	549.79
Common Stock	209.47	209.47	209.47	200	200	200
Additional Paid-In Capital	217.84	217.84	215.16	103.75	103.75	103.75
Retained Earnings	-257.17	-262.45	-252.41	-227.79	-231.43	-200
Comprehensive Income & Other	8.58	7.24	4.98	3.39	1.3	2.35
Total Common Equity	178.71	172.1	177.2	79.35	73.62	106.1
Minority Interest	-2.69	-2.62	-	-	-	-
Shareholders' Equity	176.02	169.48	177.2	79.35	73.62	106.1
Total Liabilities & Equity	581.52	567.89	575.73	607.49	634.09	655.89
Total Debt	196.26	196.6	196.64	198.05	195.31	200.67
Net Cash (Debt)	-192.27	-174.9	-184.83	-180.54	-188.63	-188.07
Net Cash Per Share	-0.89	-0.87	-0.90	-0.99	-0.96	-0.96
Filing Date Shares Outstanding	210.88	96.49	209.47	200	200	200
Total Common Shares Outstanding	210.88	96.49	209.47	200	200	200
Working Capital	-128.17	-138.97	-154.23	-262.16	-279.61	-267.52
Book Value Per Share	0.85	1.78	0.85	0.40	0.37	0.53
Tangible Book Value	163.24	156.5	161.14	62.85	56.58	88.56
Tangible Book Value Per Share	0.77	1.62	0.77	0.31	0.28	0.44
Buildings	-	-	397.56	394.12	390.18	385.85
Machinery	-	-	183.08	183.54	169.72	161.27
Construction In Progress	-	-	-	-	4.98	10.22

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