Dalian Insulator 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	767.53	780.73	427.17	485.29	328.96	187.95
Trading Asset Securities	30.02	17.13	-	-	20.23	10
Cash & Short-Term Investments	797.55	797.86	427.17	485.29	349.19	197.95
Cash Growth	101.51%	86.78%	-11.97%	38.97%	76.41%	27.42%
Accounts Receivable	648.19	759.7	795.45	503.95	523.71	432.75
Other Receivables	7.82	9.51	8.13	6.9	8.71	3.44
Receivables	656	769.21	803.58	510.85	532.43	436.2
Inventory	679.48	612.69	518.26	357.66	335.95	479.19
Other Current Assets	16	35.64	59.24	55.32	23.06	51.75
Total Current Assets	2,149	2,215	1,808	1,409	1,241	1,165
Property, Plant & Equipment	696.18	708.82	691.32	712.75	617.09	328.68
Long-Term Investments	67.11	57.24	58.44	44.32	65.66	78.58
Goodwill	70.53	70.53	89.72	1.24	1.24	1.24
Other Intangible Assets	68.39	69.01	71.48	71.09	72.35	53.18
Long-Term Deferred Tax Assets	21.86	22.09	31.75	23.24	22.78	24.13
Long-Term Deferred Charges	9.51	10.16	10.94	9.14	4.4	0.38
Other Long-Term Assets	44.22	46.03	43.89	45.03	51.12	69.57
Total Assets	3,127	3,199	2,806	2,316	2,075	1,721
Accounts Payable	511.56	538.02	387.45	226.38	71.25	73.16
Accrued Expenses	14.49	35.33	48.47	28.84	31.81	29.41
Short-Term Debt	259.85	267.09	271.12	101.91	162.1	84.76
Current Portion of Long-Term Debt	103.19	60.37	20.53	10.4	4	-
Current Portion of Leases	-	-	5.79	1.85	2.92	1.03
Current Income Taxes Payable	23.14	28.29	12.41	4.43	20.11	11.81
Current Unearned Revenue	119.12	113.23	55.11	62.57	15.58	49.88
Other Current Liabilities	43.05	49.23	8.08	13.43	44.51	23.78
Total Current Liabilities	1,074	1,092	808.96	449.81	352.27	273.81
Long-Term Debt	-	114	154.8	175.33	86.07	-
Long-Term Leases	10.79	10.51	13.01	12.09	12.03	1.36
Long-Term Unearned Revenue	63.14	64.52	66.45	71.7	63.03	63.07
Long-Term Deferred Tax Liabilities	0.33	0.34	1.15	2.26	2.89	7.55
Other Long-Term Liabilities	7.11	6.85	43.97	40.36	42.63	21.76
Total Liabilities	1,156	1,288	1,088	751.56	558.93	367.55
Common Stock	439.07	439.07	439.07	439.34	439.39	439.53
Additional Paid-In Capital	245.95	245.95	251.89	252.65	252.36	248.46
Retained Earnings	1,315	1,255	1,053	868.26	817.97	650.03
Treasury Stock	-30	-30	-30	-5.82	-6.07	-12.37
Comprehensive Income & Other	-0	-	2.23	6.77	8.49	22.65
Total Common Equity	1,970	1,910	1,716	1,561	1,512	1,348
Minority Interest	1.53	1.44	1.44	3.15	4.2	4.99
Shareholders' Equity	1,971	1,911	1,717	1,564	1,516	1,353
Total Liabilities & Equity	3,127	3,199	2,806	2,316	2,075	1,721
Total Debt	373.83	451.97	465.24	301.59	267.12	87.14
Net Cash (Debt)	423.72	345.9	-38.07	183.7	82.08	110.81
Net Cash Growth	-	-	-	123.82%	-25.93%	342.65%
Net Cash Per Share	0.97	0.80	-0.09	0.42	0.19	0.25
Filing Date Shares Outstanding	425.04	447.43	434.79	429.08	454.36	435.93
Total Common Shares Outstanding	425.04	447.43	434.79	429.08	454.36	435.93
Working Capital	1,075	1,124	999.3	959.3	888.36	891.27
Book Value Per Share	4.63	4.27	3.95	3.64	3.33	3.09
Tangible Book Value	1,831	1,771	1,555	1,489	1,439	1,294
Tangible Book Value Per Share	4.31	3.96	3.58	3.47	3.17	2.97
Buildings	-	-	505.26	502.4	351.02	348.45
Machinery	-	-	589.07	502.57	326.03	317.73
Construction In Progress	-	-	36.49	106.48	324.41	45.98

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