Jianglong Shipbuilding 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	308.18	311.25	727.69	437.62	553.68	230.45
Short-Term Investments	32.27	31.66	-	-	-	-
Trading Asset Securities	-	-	-	-	35.03	-
Cash & Short-Term Investments	340.45	342.92	727.69	437.62	588.71	230.45
Cash Growth	190.80%	-52.88%	66.28%	-25.66%	155.46%	17.26%
Accounts Receivable	472.37	619.76	310.37	294.71	253.98	222.54
Other Receivables	6.92	11.44	9.19	15.71	7.85	11.21
Receivables	479.29	631.21	319.57	310.42	261.84	233.76
Inventory	380.08	137.64	120.8	115.54	106.77	77.7
Other Current Assets	181.09	242.09	384.92	92.63	54.47	64.79
Total Current Assets	1,381	1,354	1,553	956.21	1,012	606.7
Property, Plant & Equipment	536.38	571.12	560.07	414.48	314.05	290.8
Long-Term Investments	73.7	130.8	213.74	111.9	50	30.57
Other Intangible Assets	48.46	49.78	52.41	54	55.16	55.09
Long-Term Accounts Receivable	-	-	-	-	1.56	-
Long-Term Deferred Tax Assets	12.48	13.2	9.27	9.27	3.44	2.16
Long-Term Deferred Charges	2.05	2.27	3.02	2.67	1.89	1.52
Other Long-Term Assets	53.7	1.61	1.01	0.95	10.45	0.07
Total Assets	2,108	2,123	2,392	1,549	1,448	986.91
Accounts Payable	614.87	845.72	633	286.86	262.12	206.74
Accrued Expenses	8.67	13.16	21.78	16.55	14.52	8.71
Short-Term Debt	151.27	78.36	31.02	2.61	135.46	147.62
Current Income Taxes Payable	0.84	0.09	0.09	0.09	0.01	-
Current Unearned Revenue	379.75	280.01	775.14	402.36	205.06	207.57
Other Current Liabilities	37.88	52.45	28.73	32.74	31.52	22.96
Total Current Liabilities	1,193	1,270	1,490	741.21	648.69	593.6
Long-Term Debt	85.81	-	-	-	-	-
Long-Term Unearned Revenue	18.16	15.14	17.18	19.21	20.88	22.25
Other Long-Term Liabilities	24.19	12.68	2.29	0.38	-	-
Total Liabilities	1,321	1,298	1,509	760.8	669.58	615.85
Common Stock	377.67	377.67	377.67	377.67	222.16	202.81
Additional Paid-In Capital	196.97	195.08	190.11	181.68	356.95	9.75
Retained Earnings	211.06	251.7	250.25	206.18	199.74	158.56
Comprehensive Income & Other	0.55	0.59	0.55	0.53	-0.08	-0.06
Total Common Equity	786.26	825.03	818.58	766.06	778.77	371.06
Minority Interest	-	-	64.69	22.63	-	-
Shareholders' Equity	786.26	825.03	883.27	788.68	778.77	371.06
Total Liabilities & Equity	2,108	2,123	2,392	1,549	1,448	986.91
Total Debt	237.08	78.36	31.02	2.61	135.46	147.62
Net Cash (Debt)	103.37	264.55	696.67	435.01	453.24	82.83
Net Cash Growth	213.36%	-62.03%	60.15%	-4.02%	447.19%	-2.17%
Net Cash Per Share	0.27	0.70	1.84	1.15	1.30	0.24
Filing Date Shares Outstanding	377.67	377.67	377.67	377.67	377.67	344.77
Total Common Shares Outstanding	377.67	377.67	377.67	377.67	377.67	344.77
Working Capital	187.65	84.06	63.22	215	363.09	13.09
Book Value Per Share	2.08	2.18	2.17	2.03	2.06	1.08
Tangible Book Value	737.8	775.25	766.17	712.05	723.6	315.97
Tangible Book Value Per Share	1.95	2.05	2.03	1.89	1.92	0.92
Buildings	-	598.58	541.48	391.35	260.13	258.66
Machinery	-	228.3	200.87	164.72	164.37	145.98
Construction In Progress	-	0.87	35.84	51.34	55	22.15

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