Ganyuan Foods 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	422.43	478.26	531.53	648.49	472.81	509.57
Trading Asset Securities	333.18	173.09	233.05	357.21	588.25	420.32
Cash & Short-Term Investments	755.61	651.35	764.58	1,006	1,061	929.89
Cash Growth	1.62%	-14.81%	-23.97%	-5.22%	14.11%	-16.43%
Accounts Receivable	100.52	95.73	104.37	28.96	21.56	13.82
Other Receivables	7.22	6.83	6.41	4.15	4.23	3.56
Receivables	107.75	102.56	110.78	33.11	25.79	17.39
Inventory	191.4	261.78	259.74	177.32	136.68	126.63
Other Current Assets	58.12	94.57	112.45	46.14	37.09	43.74
Total Current Assets	1,113	1,110	1,248	1,262	1,261	1,118
Property, Plant & Equipment	885.13	890.23	853.76	687.28	587.51	555.15
Other Intangible Assets	115.41	116.24	117.8	98.07	100.12	97.79
Long-Term Deferred Tax Assets	35.32	34.49	36.22	26.62	31.57	27.27
Long-Term Deferred Charges	14.47	15.2	14.91	20.38	24.82	23.61
Other Long-Term Assets	0.12	0.12	0.18	0.37	0.47	0.6
Total Assets	2,163	2,167	2,270	2,095	2,005	1,822
Accounts Payable	89.11	139.15	171.07	111.46	138.72	96.52
Accrued Expenses	27.61	58.84	72.18	68.93	83.47	40.38
Short-Term Debt	-	-	40	-	-	-
Current Portion of Leases	3.57	5.8	5.37	1.79	2.89	3.73
Current Income Taxes Payable	27.13	11.39	19.76	15.88	28.33	26.29
Current Unearned Revenue	30.24	41.49	57.17	57.6	79.74	42.8
Other Current Liabilities	56.7	45.46	51.75	41.68	39.71	38.69
Total Current Liabilities	234.35	302.14	417.3	297.34	372.85	248.4
Long-Term Leases	0.02	0.63	6.66	1.62	2.84	1.61
Long-Term Unearned Revenue	123.44	124.89	111.4	97.05	99.6	101.08
Long-Term Deferred Tax Liabilities	26.8	25.99	20.24	14.17	24.06	26.3
Total Liabilities	384.61	453.65	555.59	410.18	499.35	377.39
Common Stock	93.22	93.22	93.22	93.22	93.22	93.22
Additional Paid-In Capital	952.2	952.2	948.41	941.3	936.13	958.27
Retained Earnings	873.68	807.35	815.48	739.03	509.99	453.18
Treasury Stock	-139.27	-139.27	-142.28	-88.74	-33.58	-60
Comprehensive Income & Other	-0.49	-0.33	-	-	-	-
Total Common Equity	1,779	1,713	1,715	1,685	1,506	1,445
Minority Interest	-0.61	-0.25	-	-	-	-
Shareholders' Equity	1,779	1,713	1,715	1,685	1,506	1,445
Total Liabilities & Equity	2,163	2,167	2,270	2,095	2,005	1,822
Total Debt	3.59	6.43	52.03	3.41	5.73	5.33
Net Cash (Debt)	752.02	644.92	712.55	1,002	1,055	924.56
Net Cash Growth	5.18%	-9.49%	-28.91%	-5.03%	14.14%	-16.91%
Net Cash Per Share	8.30	7.12	7.84	10.90	11.46	9.93
Filing Date Shares Outstanding	91.61	91.61	91.61	92.17	91.96	91.96
Total Common Shares Outstanding	91.61	91.61	91.61	92.17	91.96	91.96
Working Capital	878.53	808.14	830.25	964.93	887.77	869.24
Book Value Per Share	19.42	18.70	18.72	18.28	16.37	15.71
Tangible Book Value	1,664	1,597	1,597	1,587	1,406	1,347
Tangible Book Value Per Share	18.16	17.43	17.43	17.22	15.29	14.65
Buildings	-	559.14	484.72	386.2	347.94	315.42
Machinery	-	536	437.64	338.4	297.02	283.71
Construction In Progress	-	89.98	169.08	157.28	98.54	73.19

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