Jianglong Shipbuilding Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	208.39	207.98	311.25	727.69	437.62	553.68
Short-Term Investments	53.59	52.62	31.66	-	-	-
Trading Asset Securities	-	-	-	-	-	35.03
Cash & Short-Term Investments	261.98	260.61	342.92	727.69	437.62	588.71
Cash Growth	-23.05%	-24.00%	-52.88%	66.28%	-25.66%	155.46%
Accounts Receivable	432.27	399.26	619.76	310.37	294.71	253.98
Other Receivables	2.82	5.5	11.44	9.19	15.71	7.85
Receivables	435.1	404.77	631.21	319.57	310.42	261.84
Inventory	342.68	403.52	137.64	120.8	115.54	106.77
Other Current Assets	224.66	206.51	242.09	384.92	92.63	54.47
Total Current Assets	1,264	1,275	1,354	1,553	956.21	1,012
Property, Plant & Equipment	492.54	524.13	571.12	560.07	414.48	314.05
Long-Term Investments	29.04	44.35	130.8	213.74	111.9	50
Other Intangible Assets	48.55	49.44	49.78	52.41	54	55.16
Long-Term Accounts Receivable	-	73.23	-	-	-	1.56
Long-Term Deferred Tax Assets	31.6	40.52	13.2	9.27	9.27	3.44
Long-Term Deferred Charges	1.77	1.97	2.27	3.02	2.67	1.89
Other Long-Term Assets	71.87	0.28	1.61	1.01	0.95	10.45
Total Assets	1,940	2,009	2,123	2,392	1,549	1,448

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	503.14	642.39	845.72	633	286.86	262.12
Accrued Expenses	6.19	12.56	13.16	21.78	16.55	14.52
Short-Term Debt	156.53	88.82	78.36	31.02	2.61	135.46
Current Portion of Long-Term Debt	50.05	5.87	-	-	-	-
Current Income Taxes Payable	2.73	0.1	0.09	0.09	0.09	0.01
Current Unearned Revenue	372.4	418.3	280.01	775.14	402.36	205.06
Other Current Liabilities	75.83	48.67	52.45	28.73	32.74	31.52
Total Current Liabilities	1,167	1,217	1,270	1,490	741.21	648.69
Long-Term Debt	102.36	81.95	-	-	-	-
Long-Term Unearned Revenue	15.85	17.58	15.14	17.18	19.21	20.88
Other Long-Term Liabilities	0.14	1.3	12.68	2.29	0.38	-
Total Liabilities	1,285	1,318	1,298	1,509	760.8	669.58

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	377.67	377.67	377.67	377.67	377.67	222.16
Additional Paid-In Capital	196.97	196.97	195.08	190.11	181.68	356.95
Retained Earnings	79.39	116.59	251.7	250.25	206.18	199.74
Comprehensive Income & Other	0.53	0.56	0.59	0.55	0.53	-0.08
Total Common Equity	654.56	691.78	825.03	818.58	766.06	778.77
Minority Interest	-	-	-	64.69	22.63	-
Shareholders' Equity	654.56	691.78	825.03	883.27	788.68	778.77
Total Liabilities & Equity	1,940	2,009	2,123	2,392	1,549	1,448

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	308.95	176.64	78.36	31.02	2.61	135.46
Net Cash (Debt)	-46.96	83.97	264.55	696.67	435.01	453.24
Net Cash Growth	-	-68.26%	-62.03%	60.15%	-4.02%	447.19%
Net Cash Per Share	-0.12	0.22	0.70	1.84	1.15	1.30
Filing Date Shares Outstanding	377.67	377.67	377.67	377.67	377.67	377.67
Total Common Shares Outstanding	377.67	377.67	377.67	377.67	377.67	377.67
Working Capital	97.55	58.69	84.06	63.22	215	363.09
Book Value Per Share	1.73	1.83	2.18	2.17	2.03	2.06
Tangible Book Value	606.01	642.34	775.25	766.17	712.05	723.6
Tangible Book Value Per Share	1.60	1.70	2.05	2.03	1.89	1.92
Buildings	-	592.17	592.8	541.48	391.35	260.13
Machinery	-	231.16	234.09	200.87	164.72	164.37
Construction In Progress	-	2.58	0.87	35.84	51.34	55
Order Backlog	-	1,439	-	-	-	-