Lingda 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	Jan '22 Jan 1, 2022
Cash & Equivalents	795.2	1,004	20.37	67.01	111.41	103.88
Cash & Short-Term Investments	795.2	1,004	20.37	67.01	111.41	103.88
Cash Growth	5789.41%	4828.43%	-69.60%	-39.85%	7.25%	-69.03%
Accounts Receivable	106.26	107.01	167.96	335.81	410.27	427.7
Other Receivables	9.34	10.96	4.45	26.82	8.53	41.96
Receivables	115.6	117.97	172.41	362.62	418.8	469.66
Inventory	10.51	7.52	6.75	32.96	53.33	46.72
Other Current Assets	167.07	159.92	22.09	43.5	22.62	147.43
Total Current Assets	1,088	1,289	221.61	506.09	606.16	767.69
Property, Plant & Equipment	413.93	372.04	696.99	1,217	1,374	1,367
Long-Term Investments	20.73	20.75	21.03	5.26	5.5	5.96
Goodwill	-	-	-	0.92	0.92	0.92
Other Intangible Assets	45.17	45.78	61.52	68.89	71.65	77.42
Long-Term Deferred Tax Assets	0.07	0.07	0.07	1.75	15.12	15.53
Long-Term Deferred Charges	0.02	0.05	0.19	3.66	6.9	7.36
Other Long-Term Assets	14.7	0.12	-	146.4	54.89	59.9
Total Assets	1,583	1,728	1,001	1,950	2,135	2,302
Accounts Payable	94.97	100.81	200.84	181.3	232.79	232.95
Accrued Expenses	6.64	21.15	71.86	14.11	24.88	13.89
Short-Term Debt	-	9.43	192.56	211.17	166.5	221.36
Current Portion of Long-Term Debt	150.14	308.14	693.21	101.12	89.12	71.39
Current Portion of Leases	-	-	0.26	0.73	1.89	1.86
Current Income Taxes Payable	14.18	10.8	10.8	10.8	10.94	8.52
Current Unearned Revenue	7.12	7.76	16.6	12.41	9.01	8.36
Other Current Liabilities	96.72	9.41	25.77	181.7	181.83	298.45
Total Current Liabilities	369.76	467.5	1,212	713.33	716.96	856.77
Long-Term Debt	156.95	196.32	132.5	786.43	737.96	760
Long-Term Leases	-	-	-	0.38	1.1	0.99
Long-Term Unearned Revenue	1.29	1.32	23.04	24.57	9.29	7
Long-Term Deferred Tax Liabilities	7.65	7.69	12.11	12.55	10.57	10.75
Other Long-Term Liabilities	2.89	2.82	160.27	0.25	-	-
Total Liabilities	538.54	675.65	1,540	1,538	1,476	1,636
Common Stock	665.85	665.85	267.6	267.6	265.5	265.5
Additional Paid-In Capital	1,846	1,846	674.98	674.98	645.21	635.43
Retained Earnings	-1,450	-1,442	-1,463	-513.16	-251.16	-234.24
Treasury Stock	-17.39	-17.39	-17.39	-17.39	-	-
Total Common Equity	1,044	1,053	-537.48	412.04	659.54	666.7
Minority Interest	-	-	-0.94	-	-	-
Shareholders' Equity	1,044	1,053	-538.41	412.04	659.54	666.7
Total Liabilities & Equity	1,583	1,728	1,001	1,950	2,135	2,302
Total Debt	307.09	513.89	1,019	1,100	996.58	1,056
Net Cash (Debt)	488.11	490.09	-998.16	-1,033	-885.17	-951.71
Net Cash Per Share	0.72	0.72	-1.50	-3.90	-3.14	-3.62
Filing Date Shares Outstanding	662.63	662.63	264.38	264.38	265.5	265.5
Total Common Shares Outstanding	662.63	662.63	264.38	264.38	265.5	265.5
Working Capital	718.61	821.89	-990.28	-207.23	-110.8	-89.08
Book Value Per Share	1.58	1.59	-2.03	1.56	2.48	2.51
Tangible Book Value	999.28	1,007	-598.99	342.22	586.98	588.35
Tangible Book Value Per Share	1.51	1.52	-2.27	1.29	2.21	2.22
Buildings	-	108.53	269.43	277.14	275.45	236.52
Machinery	-	303.64	674.96	1,122	1,312	1,276
Construction In Progress	-	219.32	314.87	303.15	153.98	171.35

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