Shanghai Ailu Package Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	185.61	183.43	573.72	223.66	135.12
Trading Asset Securities	-	-	-	1.5	-
Cash & Short-Term Investments	185.61	183.43	573.72	225.16	135.12
Cash Growth	1.19%	-68.03%	154.81%	66.63%	17.61%
Accounts Receivable	354.55	377.99	338.41	282.8	373.4
Other Receivables	4.33	42.46	74.29	3.02	14.19
Receivables	358.88	420.45	412.71	285.82	387.59
Inventory	323.81	354.83	283.49	339.35	349.06
Other Current Assets	27.58	5.43	5.55	7.2	9.56
Total Current Assets	895.88	964.14	1,275	857.53	881.34
Property, Plant & Equipment	1,723	1,727	1,234	701.27	650.22
Long-Term Investments	49.95	54.78	54.22	52.7	12.42
Other Intangible Assets	125.19	136.72	142.97	151.2	31.77
Long-Term Deferred Tax Assets	4.72	2.89	1.04	3.94	4.66
Long-Term Deferred Charges	12.1	31.79	37.04	31.2	29.86
Other Long-Term Assets	9.23	17.85	15.7	97.3	56.29
Total Assets	2,821	2,935	2,760	1,895	1,667
Accounts Payable	234.09	270.95	204.69	109.99	181.51
Accrued Expenses	16.16	23.36	17.2	26.01	22.04
Short-Term Debt	105.07	37.45	139.88	256.02	180.91
Current Portion of Long-Term Debt	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	6.71	5.77	4.33	0	7.99
Current Unearned Revenue	58.42	46.99	45.9	39.04	25.7
Other Current Liabilities	238.47	265.44	110.03	82.8	81.06
Total Current Liabilities	714.97	759.02	629.94	629.33	515.33
Long-Term Debt	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	30.3	19.37	20.95	22.17	23.76
Long-Term Deferred Tax Liabilities	-	-	4.12	0.83	0.12
Total Liabilities	1,472	1,400	1,554	789.92	643.01
Common Stock	432.28	432.28	400.39	400.39	400.39
Additional Paid-In Capital	382.45	386.34	90.15	90.15	90.15
Retained Earnings	545.77	707.35	674.04	614.78	527.37
Comprehensive Income & Other	1.18	5.76	22.84	-3.68	0.69
Total Common Equity	1,362	1,532	1,187	1,102	1,019
Minority Interest	-12.68	3.03	18.88	3.58	4.94
Shareholders' Equity	1,349	1,535	1,206	1,105	1,024
Total Liabilities & Equity	2,821	2,935	2,760	1,895	1,667
Total Debt	887.41	768.09	1,146	509.06	300.83
Net Cash (Debt)	-701.79	-584.66	-572.7	-283.91	-165.71
Net Cash Per Share	-1.60	-1.43	-1.45	-0.72	-0.46
Filing Date Shares Outstanding	455.97	432.28	400.39	400.39	400.39
Total Common Shares Outstanding	455.97	432.28	400.39	400.39	400.39
Working Capital	180.92	205.12	645.52	228.2	366.02
Book Value Per Share	2.99	3.54	2.97	2.75	2.54
Tangible Book Value	1,236	1,395	1,044	950.44	986.84
Tangible Book Value Per Share	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.