Shandong Longda Meishi 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	229.77	404.34	970.12	1,393	1,856	2,162
Trading Asset Securities	-	-	1.29	-	-	-
Cash & Short-Term Investments	229.77	404.34	971.41	1,393	1,856	2,162
Cash Growth	-77.84%	-58.38%	-30.24%	-24.97%	-14.16%	-9.84%
Accounts Receivable	442.04	345.21	433.5	446.77	628.19	902.98
Other Receivables	17.36	15.05	40.87	-4.22	13.4	7.34
Receivables	459.4	360.26	478.4	446.05	645.47	914.13
Inventory	826.54	873.94	994.36	991.84	1,716	1,567
Other Current Assets	45.28	39.59	82.35	127.16	248.76	371.16
Total Current Assets	1,561	1,678	2,527	2,958	4,466	5,014
Property, Plant & Equipment	2,383	2,546	2,713	2,674	2,711	2,408
Long-Term Investments	-	-	-	-	0.32	0.32
Goodwill	-	-	26.87	26.87	26.87	26.9
Other Intangible Assets	112.33	120.98	125.51	134.57	149.18	107.66
Long-Term Deferred Tax Assets	0	0	12.72	9.45	68.57	80.56
Long-Term Deferred Charges	7.95	8.18	5.67	7.61	11.82	11.47
Other Long-Term Assets	470.56	467.77	469.25	507.45	543.48	584.04
Total Assets	4,535	4,821	5,879	6,318	7,977	8,233
Accounts Payable	478.92	647.63	795.65	842.47	1,206	1,009
Accrued Expenses	40.31	46.19	111.4	160.07	138.47	173.35
Short-Term Debt	1,380	1,472	1,630	1,855	1,515	1,920
Current Portion of Long-Term Debt	1,187	1,201	105.22	173.16	131.29	140.03
Current Portion of Leases	-	-	2.05	6.27	14.56	19.63
Current Income Taxes Payable	8.57	14.2	1.2	1.29	3.37	3.28
Current Unearned Revenue	129.17	117.87	119.38	134.49	185.63	249.1
Other Current Liabilities	227.67	214.82	122.95	170.58	150.97	185.9
Total Current Liabilities	3,451	3,714	2,888	3,343	3,345	3,700
Long-Term Debt	186.09	191.09	1,233	1,231	1,018	1,028
Long-Term Leases	112.31	121.23	48.11	45.2	60.87	79.98
Long-Term Unearned Revenue	48.22	50.96	47.45	39.61	46.57	34.9
Long-Term Deferred Tax Liabilities	17.39	17.4	1.78	2.06	2.13	0.1
Other Long-Term Liabilities	29.97	36.53	-	-	-	-
Total Liabilities	3,845	4,131	4,218	4,661	4,473	4,843
Common Stock	1,079	1,079	1,079	1,079	1,079	1,079
Additional Paid-In Capital	824.65	824.65	824.64	824.96	831.83	813.74
Retained Earnings	-1,039	-1,038	-229.96	-251.58	1,287	1,211
Treasury Stock	-330.03	-330.03	-330.03	-330.03	-37.24	-31.49
Comprehensive Income & Other	67.38	67.38	159.47	159.47	159.79	162.75
Total Common Equity	602.03	603.03	1,503	1,482	3,320	3,235
Minority Interest	87.68	87.62	157.99	174.98	183.51	155.67
Shareholders' Equity	689.72	690.65	1,661	1,657	3,504	3,391
Total Liabilities & Equity	4,535	4,821	5,879	6,318	7,977	8,233
Total Debt	2,865	2,985	3,018	3,310	2,740	3,187
Net Cash (Debt)	-2,635	-2,581	-2,047	-1,917	-883.93	-1,025
Net Cash Per Share	-2.61	-2.39	-1.89	-1.78	-0.82	-1.00
Filing Date Shares Outstanding	1,104	1,080	1,038	1,038	1,079	1,079
Total Common Shares Outstanding	1,104	1,080	1,038	1,038	1,079	1,079
Working Capital	-1,890	-2,035	-361.16	-385.47	1,120	1,314
Book Value Per Share	0.55	0.56	1.45	1.43	3.08	3.00
Tangible Book Value	489.7	482.04	1,351	1,321	3,144	3,100
Tangible Book Value Per Share	0.44	0.45	1.30	1.27	2.91	2.87
Buildings	-	-	2,215	1,555	1,546	1,006
Machinery	-	-	1,216	1,059	1,027	810.05
Construction In Progress	53.66	-	254.4	919.39	627.98	980.53

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