Lingda Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	20.37	67.01	111.41	103.88
Cash & Short-Term Investments	83.28	20.37	67.01	111.41	103.88
Cash Growth	308.81%	-69.60%	-39.85%	7.25%	-69.03%
Accounts Receivable	-	167.96	335.81	410.27	427.7
Other Receivables	-	4.45	26.82	8.53	41.96
Receivables	-	172.41	362.62	418.8	469.66
Inventory	-	6.75	32.96	53.33	46.72
Other Current Assets	-	22.09	43.5	22.62	147.43
Total Current Assets	-	221.61	506.09	606.16	767.69
Property, Plant & Equipment	-	696.99	1,217	1,374	1,367
Long-Term Investments	-	21.03	5.26	5.5	5.96
Goodwill	-	-	0.92	0.92	0.92
Other Intangible Assets	-	61.52	68.89	71.65	77.42
Long-Term Deferred Tax Assets	-	0.07	1.75	15.12	15.53
Long-Term Deferred Charges	-	0.19	3.66	6.9	7.36
Other Long-Term Assets	-	-	146.4	54.89	59.9
Total Assets	-	1,001	1,950	2,135	2,302
Accounts Payable	-	200.84	181.3	232.79	232.95
Accrued Expenses	-	71.86	14.11	24.88	13.89
Short-Term Debt	-	192.56	211.17	166.5	221.36
Current Portion of Long-Term Debt	-	693.21	101.12	89.12	71.39
Current Portion of Leases	-	0.26	0.73	1.89	1.86
Current Income Taxes Payable	-	10.8	10.8	10.94	8.52
Current Unearned Revenue	-	16.6	12.41	9.01	8.36
Other Current Liabilities	-	25.77	181.7	181.83	298.45
Total Current Liabilities	-	1,212	713.33	716.96	856.77
Long-Term Debt	-	132.5	786.43	737.96	760
Long-Term Leases	-	-	0.38	1.1	0.99
Long-Term Unearned Revenue	-	23.04	24.57	9.29	7
Long-Term Deferred Tax Liabilities	-	12.11	12.55	10.57	10.75
Other Long-Term Liabilities	-	160.27	0.25	-	-
Total Liabilities	-	1,540	1,538	1,476	1,636
Common Stock	-	267.6	267.6	265.5	265.5
Additional Paid-In Capital	-	674.98	674.98	645.21	635.43
Retained Earnings	-	-1,463	-513.16	-251.16	-234.24
Treasury Stock	-	-17.39	-17.39	-	-
Total Common Equity	-665.39	-537.48	412.04	659.54	666.7
Minority Interest	-	-0.94	-	-	-
Shareholders' Equity	-665.95	-538.41	412.04	659.54	666.7
Total Liabilities & Equity	-	1,001	1,950	2,135	2,302
Total Debt	835.11	1,019	1,100	996.58	1,056
Net Cash (Debt)	-751.83	-998.16	-1,033	-885.17	-951.71
Net Cash Per Share	-1.11	-3.73	-3.90	-3.14	-3.62
Filing Date Shares Outstanding	1,907	264.38	264.38	265.5	265.5
Total Common Shares Outstanding	1,907	264.38	264.38	265.5	265.5
Working Capital	-	-990.28	-207.23	-110.8	-89.08
Book Value Per Share	-2.52	-2.03	1.56	2.48	2.51
Tangible Book Value	-724.86	-598.99	342.22	586.98	588.35
Tangible Book Value Per Share	-2.74	-2.27	1.29	2.21	2.22
Buildings	-	269.43	277.14	275.45	236.52
Machinery	-	674.96	1,122	1,312	1,276
Construction In Progress	-	314.87	303.15	153.98	171.35

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