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 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	4,048	3,601	3,901	2,515	855.65	505.72
Trading Asset Securities	659.57	993.54	400.59	1,146	2,292	2,567
Cash & Short-Term Investments	4,708	4,595	4,302	3,661	3,148	3,073
Cash Growth	14.92%	6.81%	17.52%	16.29%	2.43%	-12.40%
Accounts Receivable	188.48	155.7	135.25	130.94	96.98	55.06
Other Receivables	34.73	39.53	25.69	27.53	24.22	19.73
Receivables	223.21	195.22	160.94	158.47	121.21	74.79
Inventory	914.62	861.6	869.18	750.58	800.05	567.75
Prepaid Expenses	-	-	-	-	-	0.05
Other Current Assets	67.85	63.14	65.5	54.02	34.68	165.72
Total Current Assets	5,914	5,715	5,398	4,624	4,104	3,882
Property, Plant & Equipment	2,340	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	117.59	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	14.71	13.32	10.55	4.18	0.2	0.21
Other Long-Term Assets	11.02	13.58	1.09	27.25	13.94	16.19
Total Assets	8,440	8,240	7,834	6,846	6,071	5,762
Accounts Payable	323.77	321.56	451.69	443.34	375.73	311.44
Accrued Expenses	110.87	122.11	110.56	109.5	104.97	88.49
Short-Term Debt	2,320	2,161	1,639	903.5	395.89	420.42
Current Portion of Long-Term Debt	72.85	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	4.04	-	0.37	-	0.03	7.87
Current Unearned Revenue	34.44	41.3	21.98	20.72	12.87	10.94
Other Current Liabilities	523.26	548.97	551.51	496.63	404.23	316.39
Total Current Liabilities	3,390	3,268	2,778	1,977	1,295	1,156
Long-Term Debt	95.2	95.2	166.3	97.6	140	-
Long-Term Leases	53.11	53.81	51.01	50.57	37.11	33.08
Long-Term Unearned Revenue	30.56	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	3,569	3,443	3,023	2,151	1,486	1,213
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	2,270	2,204	2,262	2,185	2,045	2,003
Comprehensive Income & Other	-	-	0.44	0.72	0.9	1.31
Total Common Equity	4,672	4,606	4,664	4,587	4,445	4,404
Minority Interest	198.39	191.24	147.09	108.16	139.51	145.08
Shareholders' Equity	4,871	4,797	4,811	4,695	4,585	4,549
Total Liabilities & Equity	8,440	8,240	7,834	6,846	6,071	5,762
Total Debt	2,542	2,383	1,860	1,055	574.05	454.37
Net Cash (Debt)	2,166	2,212	2,442	2,606	2,574	2,619
Net Cash Growth	-5.54%	-9.45%	-6.27%	1.24%	-1.71%	-20.11%
Net Cash Per Share	2.48	2.55	2.84	3.00	3.01	3.19
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	2,524	2,447	2,619	2,647	2,809	2,725
Book Value Per Share	5.43	5.35	5.42	5.33	5.17	5.12
Tangible Book Value	4,554	4,487	4,542	4,464	4,317	4,275
Tangible Book Value Per Share	5.29	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

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