Shanghai Ailu Package 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	187.39	185.61	183.43	573.72	223.66	135.12
Trading Asset Securities	-	-	-	-	1.5	-
Cash & Short-Term Investments	187.39	185.61	183.43	573.72	225.16	135.12
Cash Growth	1.24%	1.19%	-68.03%	154.81%	66.63%	17.61%
Accounts Receivable	345.27	354.55	377.99	338.41	282.8	373.4
Other Receivables	4.04	4.33	42.46	74.29	3.02	14.19
Receivables	349.3	358.88	420.45	412.71	285.82	387.59
Inventory	345.23	323.81	354.83	283.49	339.35	349.06
Other Current Assets	28.28	27.58	5.43	5.55	7.2	9.56
Total Current Assets	910.19	895.88	964.14	1,275	857.53	881.34
Property, Plant & Equipment	1,704	1,723	1,727	1,234	701.27	650.22
Long-Term Investments	49.95	49.95	54.78	54.22	52.7	12.42
Other Intangible Assets	122.97	125.19	136.72	142.97	151.2	31.77
Long-Term Deferred Tax Assets	5.2	4.72	2.89	1.04	3.94	4.66
Long-Term Deferred Charges	10.32	12.1	31.79	37.04	31.2	29.86
Other Long-Term Assets	17.52	9.23	17.85	15.7	97.3	56.29
Total Assets	2,820	2,821	2,935	2,760	1,895	1,667
Accounts Payable	236.92	234.09	270.95	204.69	109.99	181.51
Accrued Expenses	9.38	16.16	23.36	17.2	26.01	22.04
Short-Term Debt	103.07	105.07	37.45	139.88	256.02	180.91
Current Portion of Long-Term Debt	47.53	56.05	96.37	96.88	107.58	9.15
Current Portion of Leases	-	-	12.7	11.03	7.89	6.96
Current Income Taxes Payable	7.29	6.71	5.77	4.33	0	7.99
Current Unearned Revenue	70.83	58.42	46.99	45.9	39.04	25.7
Other Current Liabilities	189.07	238.47	265.44	110.03	82.8	81.06
Total Current Liabilities	664.1	714.97	759.02	629.94	629.33	515.33
Long-Term Debt	773.61	726.28	578.72	845.93	127.58	95.11
Long-Term Leases	-	-	42.86	52.71	9.99	8.7
Long-Term Unearned Revenue	29.73	30.3	19.37	20.95	22.17	23.76
Long-Term Deferred Tax Liabilities	-	-	-	4.12	0.83	0.12
Total Liabilities	1,467	1,472	1,400	1,554	789.92	643.01
Common Stock	433.29	432.28	432.28	400.39	400.39	400.39
Additional Paid-In Capital	386.58	382.45	386.34	90.15	90.15	90.15
Retained Earnings	543.79	545.77	707.35	674.04	614.78	527.37
Comprehensive Income & Other	1.18	1.18	5.76	22.84	-3.68	0.69
Total Common Equity	1,365	1,362	1,532	1,187	1,102	1,019
Minority Interest	-12.27	-12.68	3.03	18.88	3.58	4.94
Shareholders' Equity	1,353	1,349	1,535	1,206	1,105	1,024
Total Liabilities & Equity	2,820	2,821	2,935	2,760	1,895	1,667
Total Debt	924.21	887.41	768.09	1,146	509.06	300.83
Net Cash (Debt)	-736.82	-701.79	-584.66	-572.7	-283.91	-165.71
Net Cash Per Share	-1.68	-1.60	-1.43	-1.45	-0.72	-0.46
Filing Date Shares Outstanding	429.94	455.97	432.28	400.39	400.39	400.39
Total Common Shares Outstanding	429.94	455.97	432.28	400.39	400.39	400.39
Working Capital	246.1	180.92	205.12	645.52	228.2	366.02
Book Value Per Share	3.17	2.99	3.54	2.97	2.75	2.54
Tangible Book Value	1,242	1,236	1,395	1,044	950.44	986.84
Tangible Book Value Per Share	2.89	2.71	3.23	2.61	2.37	2.46
Buildings	-	-	723.66	225.67	225.67	225.67
Machinery	-	-	800.01	664.82	561.24	516.29
Construction In Progress	-	-	447.35	529.08	99.95	55.22

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