Dingli Corp. 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	149.05	253.49	151.97	263.15	282.35	304.92
Trading Asset Securities	100.3	-	-	40	23.08	-
Cash & Short-Term Investments	249.35	253.49	151.97	303.15	305.42	304.92
Cash Growth	91.01%	66.80%	-49.87%	-0.74%	0.17%	-18.14%
Accounts Receivable	157.68	165.34	206.84	182.06	245	410.27
Other Receivables	3.62	2.92	3.2	5.53	28.58	48.38
Receivables	161.29	168.26	210.04	187.59	273.58	458.65
Inventory	2.72	3.04	19.43	48.68	77.63	99.92
Other Current Assets	14.33	10.74	16.1	31.06	31.7	73.67
Total Current Assets	427.71	435.53	397.54	570.48	688.33	937.16
Property, Plant & Equipment	74.33	73.87	98.53	100.69	173.82	197.86
Long-Term Investments	0.73	0.73	3.57	6.16	6.39	5.69
Goodwill	4.31	4.31	4.31	4.31	4.31	33.28
Other Intangible Assets	5.57	6.68	11.36	15.95	26.73	29.39
Long-Term Deferred Tax Assets	0.31	0.17	0.33	19.76	20.06	39.85
Long-Term Deferred Charges	79.32	81.99	102.05	87.02	128.61	339.08
Other Long-Term Assets	-	-	0.26	-	10.59	0.18
Total Assets	592.26	603.28	617.96	804.36	1,059	1,582
Accounts Payable	75.04	76.34	89.44	117.8	129.35	165.17
Accrued Expenses	11.28	42.81	47.03	40.27	59.01	64.89
Short-Term Debt	3	1	10	75	90	121.07
Current Portion of Leases	-	0.18	0.87	1.92	4.27	5.06
Current Income Taxes Payable	18.85	0.27	0.03	0.05	10.74	10.65
Current Unearned Revenue	3.71	4.38	5.82	13.14	21.15	57.75
Other Current Liabilities	9.56	11.58	10.42	32.62	31.81	105.42
Total Current Liabilities	121.43	136.55	163.61	280.8	346.33	530.01
Long-Term Leases	0.6	0.14	1.08	3.05	9.85	12.16
Long-Term Unearned Revenue	-	-	2	2	2	-
Long-Term Deferred Tax Liabilities	-	-	-	0.06	0.04	-
Other Long-Term Liabilities	54.81	54.81	54.81	51.06	14.41	28.53
Total Liabilities	176.85	191.51	221.51	336.97	372.63	570.7
Common Stock	544.85	544.85	544.85	544.85	560.04	560.04
Additional Paid-In Capital	1,762	1,762	1,762	1,762	1,794	1,742
Retained Earnings	-1,885	-1,889	-1,904	-1,825	-1,610	-1,233
Treasury Stock	-	-	-	-	-41.92	-41.92
Comprehensive Income & Other	-8.84	-8.93	-8.25	-13.73	-14.59	-15.31
Total Common Equity	412.7	409.42	394.59	468.52	687.74	1,011
Minority Interest	2.71	2.35	1.86	-1.13	-1.54	0.64
Shareholders' Equity	415.41	411.77	396.45	467.39	686.21	1,012
Total Liabilities & Equity	592.26	603.28	617.96	804.36	1,059	1,582
Total Debt	3.6	1.32	11.95	79.98	104.13	138.29
Net Cash (Debt)	245.75	252.17	140.03	223.18	201.3	166.63
Net Cash Growth	98.85%	80.09%	-37.26%	10.87%	20.81%	-7.09%
Net Cash Per Share	0.47	0.49	0.26	0.40	0.36	0.30
Filing Date Shares Outstanding	533.01	544.85	544.85	544.85	560.04	560.04
Total Common Shares Outstanding	533.01	544.85	544.85	544.85	560.04	560.04
Working Capital	306.27	298.98	233.93	289.68	342.01	407.15
Book Value Per Share	0.77	0.75	0.72	0.86	1.23	1.81
Tangible Book Value	402.82	398.43	378.93	448.26	656.71	948.49
Tangible Book Value Per Share	0.76	0.73	0.70	0.82	1.17	1.69
Buildings	-	105.29	105.29	105.29	152.86	179.25
Machinery	-	35.44	71.72	81.5	112.46	99.17
Construction In Progress	-	-	2.53	-	-	0.55

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