Lingda Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	83.28	20.37	67.01	111.41	103.88	332.33
Trading Asset Securities	-	-	-	-	-	3.11
Cash & Short-Term Investments	83.28	20.37	67.01	111.41	103.88	335.44
Cash Growth	312.77%	-69.60%	-39.85%	7.25%	-69.03%	-10.94%
Accounts Receivable	104.95	167.96	335.81	410.27	427.7	349.01
Other Receivables	4.76	4.45	26.82	8.53	41.96	46.85
Receivables	109.71	172.41	362.62	418.8	469.66	395.87
Inventory	6.11	6.75	32.96	53.33	46.72	43.29
Other Current Assets	14.08	22.09	43.5	22.62	147.43	69
Total Current Assets	213.19	221.61	506.09	606.16	767.69	843.59
Property, Plant & Equipment	623.11	696.99	1,217	1,374	1,367	1,242
Long-Term Investments	20.96	21.03	5.26	5.5	5.96	6.43
Goodwill	-	-	0.92	0.92	0.92	85.87
Other Intangible Assets	59.47	61.52	68.89	71.65	77.42	105.33
Long-Term Deferred Tax Assets	0.07	0.07	1.75	15.12	15.53	1.58
Long-Term Deferred Charges	0.08	0.19	3.66	6.9	7.36	4.22
Other Long-Term Assets	-	-	146.4	54.89	59.9	68.81
Total Assets	916.87	1,001	1,950	2,135	2,302	2,358
Accounts Payable	203.87	200.84	181.3	232.79	232.95	347.46
Accrued Expenses	11.5	71.86	14.11	24.88	13.89	27.86
Short-Term Debt	15	192.56	211.17	166.5	221.36	554.01
Current Portion of Long-Term Debt	820.11	693.21	101.12	89.12	71.39	78.15
Current Portion of Leases	-	0.26	0.73	1.89	1.86	-
Current Income Taxes Payable	15.46	10.8	10.8	10.94	8.52	13.82
Current Unearned Revenue	8.33	16.6	12.41	9.01	8.36	13.5
Other Current Liabilities	304.35	25.77	181.7	181.83	298.45	117.74
Total Current Liabilities	1,379	1,212	713.33	716.96	856.77	1,153
Long-Term Debt	-	132.5	786.43	737.96	760	300.85
Long-Term Leases	-	-	0.38	1.1	0.99	-
Long-Term Unearned Revenue	21.89	23.04	24.57	9.29	7	3.98
Long-Term Deferred Tax Liabilities	11.48	12.11	12.55	10.57	10.75	15.69
Other Long-Term Liabilities	170.85	160.27	0.25	-	-	-
Total Liabilities	1,583	1,540	1,538	1,476	1,636	1,473
Common Stock	267.6	267.6	267.6	265.5	265.5	265.5
Additional Paid-In Capital	674.98	674.98	674.98	645.21	635.43	659.55
Retained Earnings	-1,591	-1,463	-513.16	-251.16	-234.24	-163.21
Treasury Stock	-17.39	-17.39	-17.39	-	-	-46.1
Total Common Equity	-665.39	-537.48	412.04	659.54	666.7	715.75
Minority Interest	-0.56	-0.94	-	-	-	168.87
Shareholders' Equity	-665.95	-538.41	412.04	659.54	666.7	884.62
Total Liabilities & Equity	916.87	1,001	1,950	2,135	2,302	2,358
Total Debt	835.11	1,019	1,100	996.58	1,056	933.01
Net Cash (Debt)	-751.83	-998.16	-1,033	-885.17	-951.71	-597.57
Net Cash Per Share	-2.81	-3.73	-3.90	-3.14	-3.62	-2.24
Filing Date Shares Outstanding	264.38	264.38	264.38	265.5	265.5	262.28
Total Common Shares Outstanding	264.38	264.38	264.38	265.5	265.5	262.28
Working Capital	-1,165	-990.28	-207.23	-110.8	-89.08	-308.95
Book Value Per Share	-2.52	-2.03	1.56	2.48	2.51	2.73
Tangible Book Value	-724.86	-598.99	342.22	586.98	588.35	524.55
Tangible Book Value Per Share	-2.74	-2.27	1.29	2.21	2.22	2.00
Buildings	-	269.43	277.14	275.45	236.52	193.34
Machinery	-	674.96	1,122	1,312	1,276	1,135
Construction In Progress	-	314.87	303.15	153.98	171.35	142.4

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