Kennede Electronics MFG. 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	48.99	80.2	161.02	140.72	252	494.75
Cash & Short-Term Investments	48.99	80.2	161.02	140.72	252	494.75
Cash Growth	-47.12%	-50.19%	14.43%	-44.16%	-49.06%	320.31%
Accounts Receivable	256.83	276.79	1,030	1,114	1,150	710.33
Other Receivables	117.02	120.11	127.25	62.95	88.41	89.45
Receivables	373.85	396.9	1,157	1,177	1,238	799.78
Inventory	166.73	144.01	214.11	277.33	176.19	193.93
Other Current Assets	22.96	20.55	43.24	88.26	58.65	29.86
Total Current Assets	612.52	641.66	1,576	1,683	1,725	1,518
Property, Plant & Equipment	540.88	549.88	641.69	619.98	508.19	438.28
Long-Term Investments	201.44	211.13	103.26	203.81	155.73	124.94
Goodwill	33.84	33.84	45.86	33.16	42.36	42.36
Other Intangible Assets	46.7	60.15	48.86	49.26	50.85	50.12
Long-Term Deferred Tax Assets	13.85	13.96	21.12	15.51	9.75	3.63
Long-Term Deferred Charges	30.6	31.21	35.84	11.43	8.77	6.95
Other Long-Term Assets	0.17	0.08	243.21	243.97	172.51	7.19
Total Assets	1,480	1,542	2,716	2,860	2,673	2,192
Accounts Payable	265.92	291.49	712.21	638.11	796.31	487.75
Accrued Expenses	11.66	18.99	27.15	24.42	20.02	23.36
Short-Term Debt	140.95	145.32	515.99	497.44	314.04	251.63
Current Portion of Long-Term Debt	97.72	91.82	43.34	9.2	12.42	-
Current Portion of Leases	-	10.6	19.11	40.06	71.67	27.24
Current Income Taxes Payable	0.7	0.51	6.75	0.49	2.48	0.41
Current Unearned Revenue	53.85	51.66	60.99	99.15	37	21.5
Other Current Liabilities	86.42	81.76	167.86	152.51	74.35	32.85
Total Current Liabilities	657.21	692.14	1,553	1,461	1,328	844.73
Long-Term Debt	82.74	81.42	94.58	73.76	33.89	13.8
Long-Term Leases	-	3.59	15.25	18.19	63.58	108.84
Long-Term Unearned Revenue	-	-	-	30.52	1.05	2.29
Long-Term Deferred Tax Liabilities	0.05	0.05	0.69	3.16	3.27	-
Other Long-Term Liabilities	4.35	3.47	0.18	-	-	-
Total Liabilities	744.36	780.67	1,664	1,587	1,430	969.66
Common Stock	332.35	332.35	318.01	318.01	318.01	317.45
Additional Paid-In Capital	743.86	740.63	696.63	696.82	696.82	693.71
Retained Earnings	-289.3	-259.26	-7.21	223.44	230.36	220.28
Treasury Stock	-52.93	-52.93	-	-	-	-10.16
Comprehensive Income & Other	-0.26	-0.52	-0.06	-0.4	-0.31	0.45
Total Common Equity	733.72	760.28	1,007	1,238	1,245	1,222
Minority Interest	1.91	0.95	44.18	35.14	-1.48	0.39
Shareholders' Equity	735.63	761.23	1,052	1,273	1,243	1,222
Total Liabilities & Equity	1,480	1,542	2,716	2,860	2,673	2,192
Total Debt	321.41	332.74	688.27	638.65	495.59	401.51
Net Cash (Debt)	-272.42	-252.54	-527.24	-497.93	-243.6	93.24
Net Cash Per Share	-0.83	-0.78	-1.66	-1.56	-0.77	0.34
Filing Date Shares Outstanding	332.35	332.35	318.01	318.01	318.01	317.45
Total Common Shares Outstanding	332.35	332.35	318.01	318.01	318.01	317.45
Working Capital	-44.69	-50.49	22.41	221.52	397.03	673.59
Book Value Per Share	2.21	2.29	3.17	3.89	3.91	3.85
Tangible Book Value	653.18	666.29	912.65	1,155	1,152	1,129
Tangible Book Value Per Share	1.97	2.00	2.87	3.63	3.62	3.56
Buildings	-	559.48	559.14	413.12	403.03	402.49
Machinery	-	329.37	326.44	300.78	271.84	261
Construction In Progress	-	-	18.94	136.45	26.96	10.68

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