Zhongjing Food 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	93.95	62.06	425.24	731.61	907.6	77.6
Short-Term Investments	-	-	150	-	-	-
Trading Asset Securities	80.37	80.39	110.38	50	-	792
Cash & Short-Term Investments	174.31	142.44	685.62	781.61	907.6	869.6
Cash Growth	-69.16%	-79.22%	-12.28%	-13.88%	4.37%	-14.45%
Accounts Receivable	114.58	118.17	124.44	106.81	108.11	78.91
Other Receivables	13.42	9.36	10.32	0.11	0.03	1.35
Receivables	128	127.53	134.76	106.93	108.14	80.26
Inventory	305.89	271.75	211.3	218.55	270.76	237.67
Prepaid Expenses	-	3.37	2.45	1.77	1.17	2.5
Other Current Assets	34.6	38.94	33.69	23.31	12.85	2.62
Total Current Assets	642.8	584.03	1,068	1,132	1,301	1,193
Property, Plant & Equipment	776.81	769.77	815.41	644.53	480.87	353.84
Long-Term Investments	1.56	557.3	1.56	1.56	0.56	-
Other Intangible Assets	99.31	99.92	102.34	104.7	20.14	20.47
Long-Term Deferred Tax Assets	4.08	4.42	3.46	3.22	2.81	2.52
Long-Term Deferred Charges	10.48	10.79	3.06	3.4	3.4	3.69
Other Long-Term Assets	574.38	13.02	8.12	5.53	11.52	121.44
Total Assets	2,109	2,039	2,002	1,895	1,820	1,695
Accounts Payable	144.96	122.83	178.22	126.96	122.16	102.37
Accrued Expenses	11.44	26.41	21.53	19.93	18.69	16.94
Short-Term Debt	-	-	10.01	10.01	10.01	-
Current Portion of Leases	0.17	0.17	0.16	0.15	-	-
Current Income Taxes Payable	16.64	7.93	4.47	5.39	1.53	1.35
Current Unearned Revenue	34.19	32.97	29.23	18.6	26.36	11.76
Other Current Liabilities	10.79	9.97	8.66	8.48	10.72	5.64
Total Current Liabilities	218.19	200.28	252.28	189.52	189.47	138.07
Long-Term Leases	0.27	0.32	0.48	0.64	-	-
Long-Term Unearned Revenue	30.5	31.52	15.89	17.85	16.59	19.08
Long-Term Deferred Tax Liabilities	8.5	8.89	9.87	10.04	9	6.36
Total Liabilities	257.46	240.99	278.51	218.05	215.06	163.51
Common Stock	146	146	146	100	100	100
Additional Paid-In Capital	840.3	840.3	840.3	886.3	886.3	887.37
Retained Earnings	865.67	811.96	736.96	690.76	618.47	542.46
Total Common Equity	1,852	1,798	1,723	1,677	1,605	1,530
Minority Interest	-	-	-	-	-	1.28
Shareholders' Equity	1,852	1,798	1,723	1,677	1,605	1,531
Total Liabilities & Equity	2,109	2,039	2,002	1,895	1,820	1,695
Total Debt	0.44	0.48	10.65	10.8	10.01	-
Net Cash (Debt)	173.87	141.96	674.97	770.81	897.59	869.6
Net Cash Growth	-68.65%	-78.97%	-12.43%	-14.12%	3.22%	-14.18%
Net Cash Per Share	1.19	0.97	4.62	5.28	6.15	5.98
Filing Date Shares Outstanding	146	146	146	146	146	146
Total Common Shares Outstanding	146	146	146	146	146	146
Working Capital	424.61	383.76	815.54	942.65	1,111	1,055
Book Value Per Share	12.68	12.32	11.80	11.49	10.99	10.48
Tangible Book Value	1,753	1,698	1,621	1,572	1,585	1,509
Tangible Book Value Per Share	12.00	11.63	11.10	10.77	10.85	10.34
Buildings	-	782.21	497.58	494.39	391.13	294.35
Machinery	-	285.07	236.28	213.92	193.53	161.63
Construction In Progress	-	39.62	372.55	189.06	114.01	86.01

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