Xi'an Global Printing 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	441.85	483.93	521.05	567.45	906.52	299.36
Cash & Short-Term Investments	441.85	483.93	521.05	567.45	906.52	299.36
Cash Growth	-16.13%	-7.12%	-8.18%	-37.40%	202.82%	0.92%
Accounts Receivable	242.68	251.35	303.02	328.55	508.08	329.94
Other Receivables	24.31	16.08	35.69	82.78	48.96	24.96
Receivables	266.99	267.43	338.71	411.33	557.04	354.9
Inventory	55.36	65.74	82.05	96.32	95.5	114.56
Prepaid Expenses	-	-	0.67	1.06	-	1.47
Other Current Assets	9.17	12.5	58.97	99.38	273.82	154.37
Total Current Assets	773.36	829.6	1,001	1,176	1,833	924.65
Property, Plant & Equipment	723.44	722.35	748	678.92	369.5	309.38
Long-Term Investments	119.45	117.97	109.92	104.55	120.22	122.02
Goodwill	72.34	72.34	72.34	72.34	180.43	180.43
Other Intangible Assets	86.53	87.75	97.24	98.42	84.11	88.93
Long-Term Deferred Tax Assets	5.78	5.61	8.51	8.55	7.49	4.4
Long-Term Deferred Charges	2.39	2.57	2.98	3.34	5.07	7.8
Other Long-Term Assets	12.38	5.91	12.34	-	-	-
Total Assets	1,796	1,844	2,053	2,142	2,600	1,638
Accounts Payable	229.03	287.26	225.72	263.67	264.28	244.17
Accrued Expenses	16.92	25.82	28.63	28.01	36.71	28.88
Short-Term Debt	151.02	146	377.78	393.43	395.58	332.23
Current Portion of Long-Term Debt	2.69	0.71	-	-	29.5	33.5
Current Portion of Leases	-	-	1.39	1.04	0.47	1.15
Current Income Taxes Payable	8.2	3.74	5.98	6.46	2	1.77
Current Unearned Revenue	2.43	3.42	7.12	33.72	74.5	10.96
Other Current Liabilities	40.22	45.36	35.65	20.42	84.78	88.39
Total Current Liabilities	450.5	512.3	682.28	746.75	887.83	741.04
Long-Term Debt	11.52	-	-	-	22.16	51.66
Long-Term Leases	2.41	2.6	1.38	1.96	-	0.39
Long-Term Unearned Revenue	14.97	15.14	15.03	15.65	9.5	-
Long-Term Deferred Tax Liabilities	0.89	0.96	0.83	0.92	0.3	-
Total Liabilities	480.3	531.01	699.52	765.28	919.79	793.09
Common Stock	320.04	320.04	320.04	320.04	320.04	252
Additional Paid-In Capital	714.69	714.69	714.69	714.69	714.69	45.2
Retained Earnings	235.96	233.63	255.63	319.53	547.79	461.2
Total Common Equity	1,271	1,268	1,290	1,354	1,583	758.4
Minority Interest	44.68	44.72	62.89	22.11	97.4	86.13
Shareholders' Equity	1,315	1,313	1,353	1,376	1,680	844.53
Total Liabilities & Equity	1,796	1,844	2,053	2,142	2,600	1,638
Total Debt	167.64	149.31	380.55	396.43	447.71	418.93
Net Cash (Debt)	274.21	334.62	140.5	171.02	458.81	-119.57
Net Cash Growth	48.00%	138.17%	-17.85%	-62.72%	-	-
Net Cash Per Share	0.98	1.06	0.43	0.53	1.80	-0.47
Filing Date Shares Outstanding	233.75	254.26	320.04	320.04	320.04	252
Total Common Shares Outstanding	233.75	254.26	320.04	320.04	320.04	252
Working Capital	322.86	317.29	319.17	428.78	945.06	183.61
Book Value Per Share	5.44	4.99	4.03	4.23	4.94	3.01
Tangible Book Value	1,112	1,108	1,121	1,183	1,318	489.04
Tangible Book Value Per Share	4.76	4.36	3.50	3.70	4.12	1.94
Buildings	-	-	601.89	222.23	222.32	218.01
Machinery	-	-	419.74	302.93	292.77	257.01
Construction In Progress	-	-	13.11	414.84	93.6	50.69

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