Anhui Xinbo Aluminum 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	2,408	2,295	2,189	2,501	641.2	319.66
Short-Term Investments	-	-	393.58	32.66	51.76	-
Trading Asset Securities	2.3	104.62	-	-	-	-
Cash & Short-Term Investments	2,410	2,400	2,582	2,534	692.96	319.66
Cash Growth	-11.81%	-7.07%	1.92%	265.65%	116.78%	216.14%
Accounts Receivable	4,146	3,989	3,246	2,418	1,276	755.24
Other Receivables	9.82	22.52	21.1	4.3	5.62	7.1
Receivables	4,156	4,011	3,267	2,422	1,281	762.34
Inventory	1,075	906.31	976.08	577.5	365.21	191.44
Prepaid Expenses	-	-	-	-	0.08	-
Other Current Assets	281.53	263.78	209.12	146.69	114.3	40.25
Total Current Assets	7,923	7,581	7,035	5,680	2,454	1,314
Property, Plant & Equipment	3,300	3,260	2,705	2,303	1,393	638.38
Long-Term Investments	12.44	12.44	14.77	15.02	-	-
Goodwill	11.16	11.16	-	-	-	-
Other Intangible Assets	311.79	316.21	129.25	117.2	74.31	45.84
Long-Term Deferred Tax Assets	97.24	92.16	71.76	47.12	29.55	10.02
Long-Term Deferred Charges	0.47	0.46	0.34	0.28	0.67	1.06
Other Long-Term Assets	126.7	57.77	163.17	432.99	484.87	108.34
Total Assets	11,783	11,332	10,119	8,596	4,436	2,117
Accounts Payable	769.93	1,023	772.09	601.37	305.39	203.42
Accrued Expenses	34.22	32.32	53.11	46.35	27.1	19.25
Short-Term Debt	5,955	5,589	5,111	3,985	1,979	831.83
Current Portion of Long-Term Debt	495.66	629.44	333.81	115.11	0.12	2.54
Current Portion of Leases	-	-	1.02	0.57	12.71	23.87
Current Income Taxes Payable	12.31	15.54	0.01	37.78	26.94	1.1
Current Unearned Revenue	33.52	10.93	6.21	4.86	5.75	7.56
Other Current Liabilities	205.6	228.32	9.97	49.31	67.79	7.1
Total Current Liabilities	7,506	7,529	6,287	4,840	2,424	1,097
Long-Term Debt	1,284	810.14	732.17	643.57	69.93	24.59
Long-Term Leases	39.74	41.72	0.26	-	0.32	14.26
Long-Term Unearned Revenue	101.16	97.41	82.19	60.58	49.91	23.89
Long-Term Deferred Tax Liabilities	-	-	0.04	-	4.04	2.02
Total Liabilities	8,931	8,478	7,102	5,545	2,549	1,161
Common Stock	243.66	243.7	243.7	178.43	147.62	106.44
Additional Paid-In Capital	2,040	2,034	2,031	2,177	1,335	542.58
Retained Earnings	585.61	593.55	833.44	735.92	462.95	306.89
Treasury Stock	-59.05	-59.35	-91.44	-40.03	-57.66	-
Comprehensive Income & Other	5	6.56	0.28	-	-	-
Total Common Equity	2,815	2,818	3,017	3,051	1,888	955.9
Minority Interest	36.66	35.6	-	-	-	-
Shareholders' Equity	2,852	2,854	3,017	3,051	1,888	955.9
Total Liabilities & Equity	11,783	11,332	10,119	8,596	4,436	2,117
Total Debt	7,774	7,070	6,178	4,744	2,062	897.09
Net Cash (Debt)	-5,364	-4,670	-3,596	-2,210	-1,369	-577.43
Net Cash Per Share	-21.70	-19.20	-14.52	-10.89	-7.07	-3.37
Filing Date Shares Outstanding	264.62	309.54	248.29	248.58	203.35	178.82
Total Common Shares Outstanding	264.62	309.54	248.29	247.48	203.35	178.82
Working Capital	416.78	52.67	747.39	840.04	29.41	217.02
Book Value Per Share	10.64	9.11	12.15	12.33	9.28	5.35
Tangible Book Value	2,492	2,491	2,888	2,934	1,814	910.06
Tangible Book Value Per Share	9.42	8.05	11.63	11.86	8.92	5.09
Buildings	-	-	1,233	914.14	633.46	335
Machinery	-	-	1,707	1,262	593.46	336.42
Construction In Progress	-	-	322.66	470.05	299.49	28.71

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