Dagang Holding 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	Dec '21 Dec 31, 2021
Cash & Equivalents	128.04	100.44	116.47	61.55	122.22	82.1
Trading Asset Securities	50.23	81	-	120.04	-	199.52
Cash & Short-Term Investments	178.27	181.44	116.47	181.59	122.22	281.62
Cash Growth	184.75%	55.79%	-35.86%	48.57%	-56.60%	19.11%
Accounts Receivable	119.46	137.05	186.07	233.89	262.12	275.79
Other Receivables	18.46	17.61	149.75	146.02	12.17	29.61
Receivables	137.92	154.66	335.82	379.91	274.29	305.4
Inventory	70.46	67.86	84.33	128.94	508.2	614.27
Prepaid Expenses	-	-	0.11	0.11	0.03	-
Other Current Assets	11.37	10.65	6.96	5.61	17.99	16.46
Total Current Assets	398.03	414.61	543.67	696.16	922.73	1,218
Property, Plant & Equipment	245.08	249.21	291.49	301.08	572.51	502.47
Long-Term Investments	-	-	-	-	25.63	41.27
Goodwill	-	-	-	-	8.5	250.87
Other Intangible Assets	38.97	38.48	40.81	56.66	107.42	143.41
Long-Term Accounts Receivable	-	-	7.62	3.72	3.02	-1.25
Long-Term Deferred Tax Assets	1.55	1.48	2.28	3.3	37.36	20.39
Long-Term Deferred Charges	1.33	2.32	2.45	0.08	0.25	1.2
Other Long-Term Assets	1.96	2.96	0.41	9.82	60.37	63.96
Total Assets	686.91	709.07	888.73	1,071	1,738	2,240
Accounts Payable	40.97	55.76	77.51	111.6	138.13	160
Accrued Expenses	6.39	6.23	35.75	36.86	40.64	48.55
Short-Term Debt	22.88	23.89	63.78	60.07	147.04	224.44
Current Portion of Long-Term Debt	1.57	4.77	25.93	22.22	76.6	76.66
Current Portion of Leases	-	-	1.62	-	-	4.13
Current Income Taxes Payable	2.81	2.65	0.13	0.17	15.68	4.82
Current Unearned Revenue	11.46	9.53	10.93	19.46	20.2	38.32
Other Current Liabilities	33.93	35.81	10.77	9.87	19.11	15.13
Total Current Liabilities	120.01	138.63	226.41	260.26	457.4	572.04
Long-Term Debt	7	7	26.4	57.76	138.17	139.41
Long-Term Leases	1.16	0.93	2.69	-	-	-
Long-Term Unearned Revenue	95.77	97.07	102.27	104.1	106.37	102.84
Long-Term Deferred Tax Liabilities	0.36	0.43	1.14	0.01	27.5	52.43
Other Long-Term Liabilities	2.77	2.78	3.31	2.51	2.35	2.17
Total Liabilities	227.08	246.83	362.23	424.63	731.78	868.88
Common Stock	317.6	317.6	317.6	317.6	317.6	317.6
Additional Paid-In Capital	250.51	250.51	250.51	251.31	250.85	250.85
Retained Earnings	-122.75	-120.96	-60.34	55.05	163.67	501.47
Comprehensive Income & Other	3.28	3.57	5.17	4.91	3.93	3.66
Total Common Equity	448.64	450.73	512.94	628.87	736.06	1,074
Minority Interest	11.19	11.5	13.56	17.33	269.95	297.6
Shareholders' Equity	459.83	462.23	526.5	646.2	1,006	1,371
Total Liabilities & Equity	686.91	709.07	888.73	1,071	1,738	2,240
Total Debt	32.62	36.58	120.43	140.05	361.8	444.63
Net Cash (Debt)	145.66	144.86	-3.96	41.54	-239.58	-163.01
Net Cash Per Share	0.46	0.46	-0.01	0.13	-0.75	-0.51
Filing Date Shares Outstanding	314.84	317.59	317.6	317.6	317.6	317.6
Total Common Shares Outstanding	314.84	317.59	317.6	317.6	317.6	317.6
Working Capital	278.01	275.98	317.26	435.9	465.34	645.71
Book Value Per Share	1.42	1.42	1.62	1.98	2.32	3.38
Tangible Book Value	409.67	412.25	472.13	572.21	620.14	679.31
Tangible Book Value Per Share	1.30	1.30	1.49	1.80	1.95	2.14
Buildings	-	-	316.78	102.53	288.62	288.51
Machinery	-	-	86.93	100.99	327.85	310.89
Construction In Progress	-	-	-	200.75	277.3	179.9

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