Shandong Xiantan Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	3,617	3,901	2,515	855.65	505.72	1,178
Trading Asset Securities	505.91	400.59	1,146	2,292	2,567	2,331
Cash & Short-Term Investments	4,123	4,302	3,661	3,148	3,073	3,508
Cash Growth	6.85%	17.52%	16.29%	2.43%	-12.40%	30.81%
Accounts Receivable	136.9	135.25	130.94	96.98	55.06	50.07
Other Receivables	29.01	25.69	27.53	24.22	19.73	6.35
Receivables	165.91	160.94	158.47	121.21	74.79	56.42
Inventory	843.23	869.18	750.58	800.05	567.75	361.38
Prepaid Expenses	-	-	-	-	0.05	-
Other Current Assets	154.32	65.5	54.02	34.68	165.72	37.82
Total Current Assets	5,286	5,398	4,624	4,104	3,882	3,964
Property, Plant & Equipment	2,305	2,242	1,943	1,747	1,662	1,221
Long-Term Investments	-	7.59	61.59	45.53	56.71	68.18
Goodwill	0.32	0.32	-	-	-	-
Other Intangible Assets	119.28	121.86	123.26	128.35	128.88	130.96
Long-Term Deferred Tax Assets	43.46	53.13	63.45	32.13	15.56	-
Long-Term Deferred Charges	13.26	10.55	4.18	0.2	0.21	5.79
Other Long-Term Assets	1.08	1.09	27.25	13.94	16.19	72.59
Total Assets	7,769	7,834	6,846	6,071	5,762	5,462
Accounts Payable	391.17	451.69	443.34	375.73	311.44	181.56
Accrued Expenses	106.25	110.56	109.5	104.97	88.49	95.43
Short-Term Debt	1,734	1,639	903.5	395.89	420.42	230.26
Current Portion of Long-Term Debt	73.53	1.36	1.31	0.2	-	-
Current Portion of Leases	-	1.71	1.97	0.85	0.87	-
Current Income Taxes Payable	4.6	0.37	-	0.03	7.87	-
Current Unearned Revenue	27.73	21.98	20.72	12.87	10.94	9.13
Other Current Liabilities	543.55	551.51	496.63	404.23	316.39	287.29
Total Current Liabilities	2,881	2,778	1,977	1,295	1,156	803.67
Long-Term Debt	95.8	166.3	97.6	140	-	-
Long-Term Leases	50.11	51.01	50.57	37.11	33.08	-
Long-Term Unearned Revenue	20.49	27.07	23.83	11.24	11.28	8.86
Long-Term Deferred Tax Liabilities	1.14	0.38	1.63	2.98	12.13	-
Other Long-Term Liabilities	-	-	-	-	-	6.61
Total Liabilities	3,049	3,023	2,151	1,486	1,213	819.15
Common Stock	860.54	860.54	860.54	860.54	860.54	573.69
Additional Paid-In Capital	1,541	1,541	1,541	1,539	1,539	1,826
Retained Earnings	2,154	2,262	2,185	2,045	2,003	2,093
Comprehensive Income & Other	-	0.44	0.72	0.9	1.31	1.47
Total Common Equity	4,556	4,664	4,587	4,445	4,404	4,494
Minority Interest	164.39	147.09	108.16	139.51	145.08	149.6
Shareholders' Equity	4,720	4,811	4,695	4,585	4,549	4,643
Total Liabilities & Equity	7,769	7,834	6,846	6,071	5,762	5,462
Total Debt	1,954	1,860	1,055	574.05	454.37	230.26
Net Cash (Debt)	2,169	2,442	2,606	2,574	2,619	3,278
Net Cash Growth	-14.15%	-6.27%	1.24%	-1.71%	-20.11%	40.39%
Net Cash Per Share	2.49	2.84	3.00	3.01	3.19	4.71
Filing Date Shares Outstanding	860.54	860.54	860.54	860.54	860.54	860.54
Total Common Shares Outstanding	860.54	860.54	860.54	860.54	860.54	860.54
Working Capital	2,405	2,619	2,647	2,809	2,725	3,160
Book Value Per Share	5.29	5.42	5.33	5.17	5.12	5.22
Tangible Book Value	4,436	4,542	4,464	4,317	4,275	4,363
Tangible Book Value Per Share	5.15	5.28	5.19	5.02	4.97	5.07
Buildings	-	1,249	1,101	984.12	826.91	560.23
Machinery	-	1,628	1,423	1,307	1,098	878.17
Construction In Progress	-	231.5	154.1	91.07	270.7	256.22

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