Shandong Xiantan Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	2,492	3,601	3,901	2,515	855.65	505.72
Trading Asset Securities	2,081	993.54	400.59	1,146	2,292	2,567
Cash & Short-Term Investments	4,574	4,595	4,302	3,661	3,148	3,073
Cash Growth	10.94%	6.81%	17.52%	16.29%	2.43%	-12.40%
Accounts Receivable	177.58	155.7	135.25	130.94	96.98	55.06
Other Receivables	28.36	39.53	25.69	27.53	24.22	19.73
Receivables	205.94	195.22	160.94	158.47	121.21	74.79
Inventory	1,009	861.6	869.18	750.58	800.05	567.75
Prepaid Expenses	-	-	-	-	-	0.05
Other Current Assets	75.98	63.14	65.5	54.02	34.68	165.72
Total Current Assets	5,864	5,715	5,398	4,624	4,104	3,882
Property, Plant & Equipment	2,329	2,337	2,242	1,943	1,747	1,662
Long-Term Investments	-	-	7.59	61.59	45.53	56.71
Goodwill	0.32	0.32	0.32	-	-	-
Other Intangible Assets	116.39	118.43	121.86	123.26	128.35	128.88
Long-Term Deferred Tax Assets	42.8	42.8	53.13	63.45	32.13	15.56
Long-Term Deferred Charges	14.87	13.32	10.55	4.18	0.2	0.21
Other Long-Term Assets	1.33	13.58	1.09	27.25	13.94	16.19
Total Assets	8,368	8,240	7,834	6,846	6,071	5,762

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	371.95	321.56	451.69	443.34	375.73	311.44
Accrued Expenses	111.44	122.11	110.56	109.5	104.97	88.49
Short-Term Debt	2,508	2,161	1,639	903.5	395.89	420.42
Current Portion of Long-Term Debt	2.19	71.04	1.36	1.31	0.2	-
Current Portion of Leases	-	1.93	1.71	1.97	0.85	0.87
Current Income Taxes Payable	5.14	-	0.37	-	0.03	7.87
Current Unearned Revenue	42.54	41.3	21.98	20.72	12.87	10.94
Other Current Liabilities	507.59	548.97	551.51	496.63	404.23	316.39
Total Current Liabilities	3,549	3,268	2,778	1,977	1,295	1,156
Long-Term Debt	-	95.2	166.3	97.6	140	-
Long-Term Leases	53.18	53.81	51.01	50.57	37.11	33.08
Long-Term Unearned Revenue	28.3	24.9	27.07	23.83	11.24	11.28
Long-Term Deferred Tax Liabilities	0.77	0.77	0.38	1.63	2.98	12.13
Total Liabilities	3,631	3,443	3,023	2,151	1,486	1,213

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	860.54	860.54	860.54	860.54	860.54	860.54
Additional Paid-In Capital	1,541	1,541	1,541	1,541	1,539	1,539
Retained Earnings	2,140	2,204	2,262	2,185	2,045	2,003
Comprehensive Income & Other	-	-	0.44	0.72	0.9	1.31
Total Common Equity	4,542	4,606	4,664	4,587	4,445	4,404
Minority Interest	195.07	191.24	147.09	108.16	139.51	145.08
Shareholders' Equity	4,737	4,797	4,811	4,695	4,585	4,549
Total Liabilities & Equity	8,368	8,240	7,834	6,846	6,071	5,762

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	2,564	2,383	1,860	1,055	574.05	454.37
Net Cash (Debt)	2,010	2,212	2,442	2,606	2,574	2,619
Net Cash Growth	-7.33%	-9.45%	-6.27%	1.24%	-1.71%	-20.11%
Net Cash Per Share	2.38	2.55	2.84	3.00	3.01	3.19
Filing Date Shares Outstanding	821.73	860.54	860.54	860.54	860.54	860.54
Total Common Shares Outstanding	821.73	860.54	860.54	860.54	860.54	860.54
Working Capital	2,315	2,447	2,619	2,647	2,809	2,725
Book Value Per Share	5.53	5.35	5.42	5.33	5.17	5.12
Tangible Book Value	4,425	4,487	4,542	4,464	4,317	4,275
Tangible Book Value Per Share	5.39	5.21	5.28	5.19	5.02	4.97
Buildings	-	1,476	1,249	1,101	984.12	826.91
Machinery	-	1,888	1,628	1,423	1,307	1,098
Construction In Progress	-	27.5	231.5	154.1	91.07	270.7