Jiangsu Lihua Foods 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	Dec '21 Dec 31, 2021
Cash & Equivalents	677.07	264.47	183.36	366.49	547.15	242.82
Short-Term Investments	-	-	-	-	-	302.73
Trading Asset Securities	1,116	1,028	643.17	708.61	1,313	713.34
Cash & Short-Term Investments	1,793	1,292	826.54	1,075	1,860	1,259
Cash Growth	104.65%	56.32%	-23.12%	-42.20%	47.75%	-39.57%
Accounts Receivable	24.18	22.93	14.1	17.98	29.24	9.81
Other Receivables	307.15	-	-	-	141.89	116.5
Receivables	331.33	254.13	261.56	187.29	171.13	126.31
Inventory	3,179	3,087	2,835	2,462	2,621	1,875
Other Current Assets	118.89	192.55	192.45	160.78	211.12	227.31
Total Current Assets	5,422	4,826	4,116	3,885	4,863	3,487
Property, Plant & Equipment	9,195	9,163	8,816	8,292	7,519	6,223
Long-Term Investments	38.84	105.79	202.69	201.5	208.89	235.6
Goodwill	18.32	18.32	12.69	8.33	8.48	8.48
Other Intangible Assets	346.6	351.08	321.53	309.62	308.41	283.84
Long-Term Deferred Tax Assets	4.57	4.57	-	-	-	-
Long-Term Deferred Charges	1,549	1,504	1,179	855.05	666.33	567.57
Other Long-Term Assets	204.99	112.17	75.03	112.95	82.43	158.44
Total Assets	16,779	16,084	14,722	13,665	13,656	10,964
Accounts Payable	870.46	986.84	916.65	993	1,045	911.5
Accrued Expenses	338.19	344.89	393.91	273.92	312.57	199.97
Short-Term Debt	3,193	2,580	1,602	2,038	1,289	1,120
Current Portion of Long-Term Debt	23.52	23.56	46.36	137.84	225.47	124.14
Current Portion of Leases	-	32.25	27.06	25.53	19.67	18.95
Current Income Taxes Payable	7.52	-	0.02	0.01	-	0.03
Current Unearned Revenue	24.39	24.05	31.72	25.11	21.19	12.13
Other Current Liabilities	2,016	1,985	1,786	1,557	1,285	1,129
Total Current Liabilities	6,473	5,977	4,804	5,051	4,198	3,515
Long-Term Debt	18.84	37.63	82.21	180.95	330.95	609.31
Long-Term Leases	568.97	531.09	473.23	467.66	452.06	451.14
Long-Term Unearned Revenue	212.24	207.63	196.16	167.93	149.96	112.3
Long-Term Deferred Tax Liabilities	2.64	2.64	3.87	6.29	6.46	11.54
Other Long-Term Liabilities	3.89	3.89	5.34	4.22	4.22	5.78
Total Liabilities	7,279	6,760	5,565	5,878	5,141	4,705
Common Stock	837.27	837.27	827.64	827.64	459.8	403.88
Additional Paid-In Capital	2,712	2,690	2,531	2,422	2,718	1,488
Retained Earnings	5,930	5,776	5,672	4,399	5,205	4,314
Comprehensive Income & Other	14.3	14.3	29.81	35.56	34.19	53.43
Total Common Equity	9,494	9,318	9,060	7,685	8,417	6,259
Minority Interest	5.29	7.03	97.2	101.98	97.69	-
Shareholders' Equity	9,500	9,325	9,157	7,787	8,515	6,259
Total Liabilities & Equity	16,779	16,084	14,722	13,665	13,656	10,964
Total Debt	3,804	3,204	2,231	2,850	2,317	2,323
Net Cash (Debt)	-2,011	-1,912	-1,404	-1,775	-456.79	-1,064
Net Cash Per Share	-2.35	-2.25	-1.70	-2.14	-0.60	-1.46
Filing Date Shares Outstanding	837.27	837.27	827.64	827.64	827.64	726.98
Total Common Shares Outstanding	837.27	837.27	827.64	827.64	827.64	726.98
Working Capital	-1,051	-1,151	-688.47	-1,166	665.27	-27.75
Book Value Per Share	11.34	11.13	10.95	9.29	10.17	8.61
Tangible Book Value	9,129	8,948	8,726	7,367	8,100	5,967
Tangible Book Value Per Share	10.90	10.69	10.54	8.90	9.79	8.21
Buildings	-	6,935	6,457	5,698	4,682	3,545
Machinery	-	3,963	3,505	2,958	2,509	1,735
Construction In Progress	-	186.36	206.33	491.81	757.3	1,086

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