Yongmao BKX

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Financials

Annual Report 2026 - Yongmao Holdings Limited

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Statement of Financial Position – The Group (as at 31 March 2026)

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Statement of Financial Position – The Group (as at 31 March 2026) from Annual Report 2026 - Yongmao Holdings Limited
Metric / unit 2026Group2025Group Source
Assets – Non-Current
Property, plant and equipmentRMB’000 851,336886,132 PDF p. 63
Intangible assetsRMB’000 –– PDF p. 63
SubsidiariesRMB’000 –– PDF p. 63
Financial assets, at FVOCIRMB’000 62,95392,761 PDF p. 63
Trade and other receivablesRMB’000 60,38766,530 PDF p. 63
Deferred tax assetsRMB’000 37,60638,060 PDF p. 63
Assets – Non-Current (subtotal)
SubtotalRMB’000 1,012,2821,083,483 PDF p. 63
Assets – Current
InventoriesRMB’000 393,059354,551 PDF p. 63
Trade and other receivablesRMB’000 509,866556,007 PDF p. 63
Amounts owing by subsidiariesRMB’000 –– PDF p. 63
Amounts owing by related partiesRMB’000 42,33848,587 PDF p. 63
Cash and bank balancesRMB’000 177,788205,846 PDF p. 63
Assets – Current (subtotal)
SubtotalRMB’000 1,123,0511,164,991 PDF p. 63
Assets
Total assetsRMB’000 2,135,3332,248,474 PDF p. 63
Equity – Capital and Reserves
Share capitalRMB’000 312,484312,484 PDF p. 63
ReservesRMB’000 626,961654,897 PDF p. 63
Equity
Equity attributable to equity holders of the CompanyRMB’000 939,445967,381 PDF p. 63
Non-controlling interestsRMB’000 50,21453,485 PDF p. 63
Total equityRMB’000 989,6591,020,866 PDF p. 63
Liabilities – Non-Current
BorrowingsRMB’000 188,619132,371 PDF p. 63
Deferred capital grantsRMB’000 8,1698,398 PDF p. 63
Deferred tax liabilitiesRMB’000 29,93727,387 PDF p. 63
Trade and other payablesRMB’000 7,8559,061 PDF p. 63
Liabilities – Non-Current (subtotal)
SubtotalRMB’000 234,580177,217 PDF p. 63
Liabilities – Current
Trade and other payablesRMB’000 530,189631,032 PDF p. 63
BorrowingsRMB’000 309,941351,032 PDF p. 63
Deferred capital grantsRMB’000 229229 PDF p. 63
Amounts owing to subsidiariesRMB’000 –– PDF p. 63
Amounts owing to/advances from related partiesRMB’000 30,80213,697 PDF p. 63
Amounts owing to corporate shareholders of subsidiariesRMB’000 39,70043,157 PDF p. 63
Current tax payableRMB’000 23311,244 PDF p. 63
Liabilities – Current (subtotal)
SubtotalRMB’000 911,0941,050,391 PDF p. 63
Liabilities
Total liabilitiesRMB’000 1,145,6741,227,608 PDF p. 63
Equity and Liabilities
Total equity and liabilitiesRMB’000 2,135,3332,248,474 PDF p. 63
Definitions & sources

Printed in RMB’000. Group columns are the last two columns of the printed statement. Note references omitted from values. The annexed notes form an integral part of and should be read in conjunction with these financial statements.

Statement of Financial Position – The Company (as at 31 March 2026)

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Statement of Financial Position – The Company (as at 31 March 2026) from Annual Report 2026 - Yongmao Holdings Limited
Metric / unit 2026Company2025Company Source
Assets – Non-Current
Property, plant and equipmentRMB’000 –– PDF p. 63
Intangible assetsRMB’000 –– PDF p. 63
SubsidiariesRMB’000 344,631344,631 PDF p. 63
Financial assets, at FVOCIRMB’000 62,95392,761 PDF p. 63
Trade and other receivablesRMB’000 –– PDF p. 63
Deferred tax assetsRMB’000 –– PDF p. 63
Assets – Non-Current (subtotal)
SubtotalRMB’000 407,584437,392 PDF p. 63
Assets – Current
InventoriesRMB’000 –– PDF p. 63
Trade and other receivablesRMB’000 291297 PDF p. 63
Amounts owing by subsidiariesRMB’000 91,880108,998 PDF p. 63
Amounts owing by related partiesRMB’000 –– PDF p. 63
Cash and bank balancesRMB’000 5441,026 PDF p. 63
Assets – Current (subtotal)
SubtotalRMB’000 92,715110,321 PDF p. 63
Assets
Total assetsRMB’000 500,299547,713 PDF p. 63
Equity – Capital and Reserves
Share capitalRMB’000 312,484312,484 PDF p. 63
ReservesRMB’000 164,468207,986 PDF p. 63
Equity
Equity attributable to equity holders of the CompanyRMB’000 476,952520,470 PDF p. 63
Non-controlling interestsRMB’000 –– PDF p. 63
Total equityRMB’000 476,952520,470 PDF p. 63
Liabilities – Non-Current
BorrowingsRMB’000 –– PDF p. 63
Deferred capital grantsRMB’000 –– PDF p. 63
Deferred tax liabilitiesRMB’000 –165 PDF p. 63
Trade and other payablesRMB’000 –– PDF p. 63
Liabilities – Non-Current (subtotal)
SubtotalRMB’000 –165 PDF p. 63
Liabilities – Current
Trade and other payablesRMB’000 1,6423,089 PDF p. 63
BorrowingsRMB’000 20,71723,889 PDF p. 63
Deferred capital grantsRMB’000 –– PDF p. 63
Amounts owing to subsidiariesRMB’000 825– PDF p. 63
Amounts owing to/advances from related partiesRMB’000 –– PDF p. 63
Amounts owing to corporate shareholders of subsidiariesRMB’000 –– PDF p. 63
Current tax payableRMB’000 163100 PDF p. 63
Liabilities – Current (subtotal)
SubtotalRMB’000 23,34727,078 PDF p. 63
Liabilities
Total liabilitiesRMB’000 23,34727,243 PDF p. 63
Equity and Liabilities
Total equity and liabilitiesRMB’000 500,299547,713 PDF p. 63
Definitions & sources

Printed in RMB’000. Company columns are the first two value columns of the printed statement.

Consolidated Statement of Profit or Loss and Other Comprehensive Income (Group, year ended 31 March 2026)

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Consolidated Statement of Profit or Loss and Other Comprehensive Income (Group, year ended 31 March 2026) from Annual Report 2026 - Yongmao Holdings Limited
Metric / unit 2026Group2025Group Source
Profit or loss
RevenueRMB’000 763,525880,296 PDF p. 64
Cost of salesRMB’000 (537,822)(626,924) PDF p. 64
Gross profitRMB’000 225,703253,372 PDF p. 64
Other incomeRMB’000 7,0628,763 PDF p. 64
Gain on disposal of interest in subsidiaryRMB’000 –4,157 PDF p. 64
Allowance for expected credit loss, netRMB’000 (1,580)(9,763) PDF p. 64
Distribution costsRMB’000 (103,160)(109,231) PDF p. 64
Administrative expensesRMB’000 (78,926)(90,193) PDF p. 64
Other operating expensesRMB’000 (14,820)(5,603) PDF p. 64
Finance costsRMB’000 (23,037)(21,780) PDF p. 64
Profit before taxationRMB’000 11,24229,722 PDF p. 64
TaxationRMB’000 1,3445,430 PDF p. 64
Profit for the yearRMB’000 12,58635,152 PDF p. 64
Other comprehensive income – items that may be reclassified
- foreign operationsRMB’000 (6,012)1,981 PDF p. 64
Other comprehensive income – items that may be reclassified (subtotal)
SubtotalRMB’000 (6,012)1,981 PDF p. 64
Other comprehensive income – items that will not be reclassified
Fair value (loss)/gain on financial assets, FVOCIRMB’000 (29,808)9,336 PDF p. 64
Other comprehensive income – items that will not be reclassified (Exchange translation difference)
- foreign operationsRMB’000 (3,026)624 PDF p. 64
Other comprehensive income – items that will not be reclassified (subtotal)
SubtotalRMB’000 (32,834)9,960 PDF p. 64
Other comprehensive income
Total other comprehensive (loss)/income after taxRMB’000 (38,846)11,941 PDF p. 64
Total comprehensive income
Total comprehensive (loss)/income for the year, net of taxRMB’000 (26,260)47,093 PDF p. 64
Profit/(loss) attributable to
Equity holders of the CompanyRMB’000 12,83133,221 PDF p. 64
Non-controlling interestsRMB’000 (245)1,931 PDF p. 64
Profit/(loss) attributable to (subtotal)
SubtotalRMB’000 12,58635,152 PDF p. 64
Total comprehensive (loss)/income attributable to
Equity holders of the CompanyRMB’000 (22,989)44,538 PDF p. 64
Non-controlling interestsRMB’000 (3,271)2,555 PDF p. 64
Total comprehensive (loss)/income attributable to (subtotal)
SubtotalRMB’000 (26,260)47,093 PDF p. 64
Earnings per share
- basicRMB cents 14.537.4 PDF p. 64
- dilutedRMB cents 14.537.4 PDF p. 64
Definitions & sources

Printed in RMB’000 except earnings per share in RMB cents. Only a consolidated (Group) statement is printed; no separate Company income statement was found.

Consolidated Statement of Profit or Loss and Other Comprehensive Income (Group)

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Consolidated Statement of Profit or Loss and Other Comprehensive Income (Group) from Annual Report 2026 - Yongmao Holdings Limited
Metric / unit 2026Group, FY ended 31 March 2026, RMB'0002025Group, FY ended 31 March 2025, RMB'000 Source
Profit
Profit for the yearRMB'000 12,58635,152 PDF p. 64
Items that may be reclassified subsequently to profit or loss
Exchange translation difference - foreign operationsRMB'000 (6,012)1,981 PDF p. 64
Items that will not be reclassified subsequently to profit or loss
Fair value (loss)/gain on financial assets, FVOCIRMB'000 (29,808)9,336 PDF p. 64
Exchange translation difference - foreign operations (not reclassified)RMB'000 (3,026)624 PDF p. 64
Other comprehensive income
Total other comprehensive (loss)/income after taxRMB'000 (38,846)11,941 PDF p. 64
Total comprehensive income
Total comprehensive (loss)/income for the year, net of taxRMB'000 (26,260)47,093 PDF p. 64
Profit/(loss) attributable to
Equity holders of the Company (profit attributable)RMB'000 12,83133,221 PDF p. 64
Non-controlling interests (profit attributable)RMB'000 (245)1,931 PDF p. 64
Total comprehensive (loss)/income attributable to
Equity holders of the Company (total comprehensive income attributable)RMB'000 (22,989)44,538 PDF p. 64
Non-controlling interests (total comprehensive income attributable)RMB'000 (3,271)2,555 PDF p. 64
Definitions & sources

Only the OCI/attribution rows are listed; the income statement lines above profit for the year were not requested in this stage. Attribution subtotal rows (12,586 / 35,152 and (26,260) / 47,093) are unlabeled in print. No separate Company statement of comprehensive income is presented.

Consolidated Statement of Changes in Equity (Group)

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Consolidated Statement of Changes in Equity (Group) from Annual Report 2026 - Yongmao Holdings Limited
Metric / unit 2026Share capital, RMB'0002026Merger reserve, RMB'0002026Statutory reserve, RMB'0002026Fair value reserve, RMB'0002026Retained earnings, RMB'0002026Exchange fluctuation reserve, RMB'0002026Total attributable to equity holders of the Company, RMB'0002026Non-controlling interests, RMB'0002026Total equity, RMB'000 Source
FY2025 movements
Balance as at 1 April 2024RMB'000 312,484(26,769)92,3574,750524,81419,976927,61258,766986,378 PDF p. 65
Profit for the yearRMB'000 ––––33,221–33,2211,93135,152 PDF p. 65
Other comprehensive income for the yearRMB'000 –––9,336–1,98111,31762411,941 PDF p. 65
Total comprehensive income for the yearRMB'000 –––9,33633,2211,98144,5382,55547,093 PDF p. 65
Dividend paidRMB'000 ––––(4,769)–(4,769)(16,662)(21,431) PDF p. 65
Investment of subsidiary with non- controlling interestRMB'000 –––––––7,5427,542 PDF p. 65
Disposal of subsidiary with non-controlling interestRMB'000 –––––––1,2841,284 PDF p. 65
Total transaction with owners, recognised directly to equityRMB'000 ––––(4,769)–(4,769)(7,836)(12,605) PDF p. 65
Transfer to statutory reserveRMB'000 ––3,514–(3,514)–––– PDF p. 65
FY2025 closing / FY2026 opening
Balance as at 31 March 2025RMB'000 312,484(26,769)95,87114,086549,75221,957967,38153,4851,020,866 PDF p. 65
FY2026 movements
Profit for the yearRMB'000 ––––12,831–12,831(245)12,586 PDF p. 65
Other comprehensive (loss)/income for the yearRMB'000 –––(29,808)–(6,012)(35,820)(3,026)(38,846) PDF p. 65
Total comprehensive (loss)/income for the yearRMB'000 –––(29,808)12,831(6,012)(22,989)(3,271)(26,260) PDF p. 65
Dividend paidRMB'000 ––––(4,947)–(4,947)–(4,947) PDF p. 65
Total transaction with owners, recognised directly to equityRMB'000 ––––(4,947)–(4,947)–(4,947) PDF p. 65
Transfer to statutory reserveRMB'000 ––1,372–(1,372)–––– PDF p. 65
FY2026 closing
Balance as at 31 March 2026RMB'000 312,484(26,769)97,243(15,722)556,26415,945939,44550,214989,659 PDF p. 65
Definitions & sources

Column year labels are all 2026 as a placeholder-free reporting year; the row section states which year's movement applies (FY ended 31 March 2025 or 2026). Table is rotated on the page; some labels wrap across lines. Non-controlling interests are a column of this statement. Multi-line labels are shown joined; quotes are the single-line fragments carrying the numbers.

Consolidated Statement of Cash Flows (Group)

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Consolidated Statement of Cash Flows (Group) from Annual Report 2026 - Yongmao Holdings Limited
Metric / unit 2026Group, FY ended 31 March 2026, RMB'0002025Group, FY ended 31 March 2025, RMB'000 Source
Operating Activities
Profit before taxationRMB'000 11,24229,722 PDF p. 66
Operating Activities - Adjustments
Amortisation of deferred capital grantsRMB'000 (229)(229) PDF p. 66
Depreciation of property, plant and equipmentRMB'000 113,878104,262 PDF p. 66
Gain on disposal of interest in a subsidiaryRMB'000 –(4,157) PDF p. 66
Gain on settlement of debtRMB'000 –(117) PDF p. 66
Loss/(Gain) on disposal of property, plant and equipment, netRMB'000 94(577) PDF p. 66
Property, plant and equipment written offRMB'000 4101,077 PDF p. 66
Allowance for expected credit loss, netRMB'000 1,5809,763 PDF p. 66
Bad debts written off after disposal of subsidiary (Note A)RMB'000 –5,521 PDF p. 66
Reversal of allowance obsolete and slow-moving inventories, netRMB'000 (434)(873) PDF p. 66
Reversal of over-accrual of housing fund contributionRMB'000 (1,862)(1,619) PDF p. 66
(Reversal of provision)/Provision for assurance warrantyRMB'000 (245)556 PDF p. 66
Interest expenseRMB'000 23,03721,780 PDF p. 66
Interest incomeRMB'000 (1,798)(3,115) PDF p. 66
Operating Activities
Operating profit before working capital changesRMB'000 145,673161,994 PDF p. 66
Increase in inventories (Note B)RMB'000 (114,777)(110,714) PDF p. 66
Decrease/(Increase) in operating receivablesRMB'000 57,446(42,108) PDF p. 66
Decrease in operating payablesRMB'000 (73,144)(33,894) PDF p. 66
Cash generated from/(used in) operationsRMB'000 15,198(24,722) PDF p. 66
Interest paidRMB'000 (23,399)(21,498) PDF p. 66
Tax paidRMB'000 (16,325)(14,539) PDF p. 66
Net cash used in operating activitiesRMB'000 (24,526)(60,759) PDF p. 66
Investing Activities
Acquisition of property, plant and equipment (Note C)RMB'000 (20,971)(24,473) PDF p. 66
Cash outflow from disposal of subsidiaryRMB'000 –(79) PDF p. 66
Proceeds from disposal of property, plant and equipmentRMB'000 39577 PDF p. 66
Interest receivedRMB'000 1,8213,134 PDF p. 66
Net cash used in investing activitiesRMB'000 (19,111)(20,841) PDF p. 66
Financing Activities
Proceeds from loans and borrowingsRMB'000 425,976447,858 PDF p. 67
Proceeds from hire purchase with financial institutionsRMB'000 53,58941,836 PDF p. 67
Proceeds from lease liabilitiesRMB'000 –1,514 PDF p. 67
Repayment of loans and borrowingsRMB'000 (414,026)(347,131) PDF p. 67
Repayment of hire purchase with financial institutionsRMB'000 (40,698)(33,472) PDF p. 67
Repayment of principal portion of lease liabilitiesRMB'000 (4,623)(3,318) PDF p. 67
Advances from/Repayment to related parties, netRMB'000 3,3001,396 PDF p. 67
Loan from shareholders of subsidiariesRMB'000 –16,671 PDF p. 67
Decrease/(Increase) of restricted bank balancesRMB'000 48,500(40,000) PDF p. 67
Capital injection by shareholder of a subsidiaryRMB'000 –7,542 PDF p. 67
Dividends paid to non-controlling interestsRMB'000 –(16,662) PDF p. 67
Dividends paid to equity holders of the CompanyRMB'000 (4,947)(4,769) PDF p. 67
Net cash generated from financing activitiesRMB'000 67,07171,465 PDF p. 67
Net change in cash
Net Increase/(decrease) in cash and cash equivalentsRMB'000 23,434(10,135) PDF p. 67
Cash and cash equivalents as at beginning of yearRMB'000 155,846164,577 PDF p. 67
Exchange differences on translation of cash and cash equivalents as at beginning of yearRMB'000 (2,992)1,404 PDF p. 67
Cash and cash equivalents as at end of yearRMB'000 176,288155,846 PDF p. 67
Definitions & sources

Note A: Included in the amount, RMB5,415,000 of operating loans advanced to a since-disposed subsidiary was written off.

Note B: Included in increase in inventories were tower cranes and tower crane components and accessories that were self-constructed amounting to RMB151,829,000 (2025 - RMB226,311,000) (Note 4) which were held for rental purposes and have been presented under operating activities in accordance with SFRS(I) 1-7 Statement of Cash Flows.

Note C: Acquisition of PPE aggregate cost RMB21,992,000 (2025 – RMB24,589,000), right-of-use asset additions RMB Nil (2025 – RMB80,569,000); outstanding RMB121,000 (2025 - RMB96,000) and down-payments RMB3,000 (2025 - RMB3,000); trade receivable RMB996,000 (2025 – RMB Nil) settled by PPE; cash payment RMB20,971,000 (2025 – RMB24,473,000).

Note D (page 68): reconciliation of liabilities arising from financing activities not tabulated here.

Where the money comes from

Segment information

By business

Reconciliation of reportable segment assets and liabilities to consolidated totals 9 lines
Reconciliation of reportable segment assets and liabilities to consolidated totals
Item / unit 2026The Group2025The Group Source
Assets
Total reportable segment assetsRMB'000 2,068,2332,192,442 PDF p. 137
Deferred tax assetsRMB'000 37,60638,060 PDF p. 137
GST or VAT receivablesRMB'000 18,99717,972 PDF p. 137
Tax recoverableRMB'000 10,497– PDF p. 137
Consolidated total assetsRMB'000 2,135,3332,248,474 PDF p. 137
Liabilities
Total reportable segment liabilitiesRMB'000 1,115,5041,188,977 PDF p. 137
Deferred tax liabilitiesRMB'000 29,93727,387 PDF p. 137
Current tax payableRMB'000 23311,244 PDF p. 137
Consolidated total liabilitiesRMB'000 1,145,6741,227,608 PDF p. 137

By geography

Operating segments 2026 (by geographic segment) 13 lines
Operating segments 2026 (by geographic segment)
Item / unit 2026The PRC2026Hong Kong and Macau2026Singapore2026Corporate functions2026Total Source
Sales
Total segment salesRMB'000 868,231183,516186,778–1,238,525 PDF p. 135
Inter-segment salesRMB'000 (426,699)(41,532)(6,769)–(475,000) PDF p. 135
Sales to external partiesRMB'000 441,532141,984180,009–763,525 PDF p. 135
Sales - Comprises
Sale of manufactured tower cranes and tower crane components and accessoriesRMB'000 338,5683,942147,704–490,214 PDF p. 135
Rental and service incomeRMB'000 102,964138,04232,305–273,311 PDF p. 135
Results
Interest incomeRMB'000 33181,459–1,798 PDF p. 135
Depreciation expenseRMB'000 68,69935,2689,911–113,878 PDF p. 135
Interest expenseRMB'000 16,9584,55756296023,037 PDF p. 135
(Reversal of allowance)/Allowance for expected credit loss, netRMB'000 (4,026)5,606––1,580 PDF p. 135
Reportable segment profit before taxationRMB'000 1,071(1,881)21,029(8,977)11,242 PDF p. 135
Other segment information
Reportable segment assetsRMB'000 1,444,858330,041229,56163,7732,068,233 PDF p. 135
Additions to property, plant and equipmentRMB'000 10,21611,7697–21,992 PDF p. 135
Reportable segment liabilitiesRMB'000 812,828128,558151,77522,3431,115,504 PDF p. 135
Notes

Segment profit measured as profit before taxation. Sales between segments are carried out at market terms.

Operating segments 2025 (by geographic segment) 14 lines
Operating segments 2025 (by geographic segment)
Item / unit 2025The PRC2025Hong Kong and Macau2025Singapore2025Corporate functions2025Total Source
Sales
Total segment salesRMB'000 925,572263,943178,109–1,367,624 PDF p. 136
Inter-segment salesRMB'000 (429,391)(55,762)(2,175)–(487,328) PDF p. 136
Sales to external partiesRMB'000 496,181208,181175,934–880,296 PDF p. 136
Sales - Comprises
Sale of manufactured tower cranes and tower crane components and accessoriesRMB'000 405,63565,982138,829–610,446 PDF p. 136
Rental and service incomeRMB'000 90,546142,19937,105–269,850 PDF p. 136
Results
Interest incomeRMB'000 2932602,562–3,115 PDF p. 136
Depreciation expenseRMB'000 58,20633,96412,092–104,262 PDF p. 136
Interest expenseRMB'000 14,0596,47269855121,780 PDF p. 136
Allowance for expected credit loss, netRMB'000 3,1416,622––9,763 PDF p. 136
Bad debts written off (non-trade)RMB'000 –5,521––5,521 PDF p. 136
Reportable segment profit before taxationRMB'000 11,69916,7895,992(4,758)29,722 PDF p. 136
Other segment information
Reportable segment assetsRMB'000 1,480,128361,724256,50594,0852,192,442 PDF p. 136
Additions to property, plant and equipmentRMB'000 3,26499,2132,681–105,158 PDF p. 136
Reportable segment liabilitiesRMB'000 813,661159,391188,94726,9781,188,977 PDF p. 136
Notes

Sales between segments are carried out at market terms. The revenue from external parties reported to the Group’s chief operating decision-maker is measured in a manner consistent with that in the consolidated statement of profit or loss and other comprehensive income.

Revenue based on geographical location of customers 5 lines
Revenue based on geographical location of customers
Item / unit 2026The Group2025The Group Source
Revenue by customer location
The PRCRMB'000 347,611382,800 PDF p. 137
Asia (outside of the PRC)RMB'000 279,433322,852 PDF p. 137
Middle East and othersRMB'000 94,134122,296 PDF p. 137
United States of America and EuropeRMB'000 42,34752,348 PDF p. 137
Total revenue (unlabelled total line)RMB'000 763,525880,296 PDF p. 137
Notes

The total row has no printed label.

Non-current assets based on geographical location 4 lines
Non-current assets based on geographical location
Item / unit 2026The Group2025The Group Source
Non-current assets
The PRCRMB'000 573,419579,943 PDF p. 137
Hong Kong and MacauRMB'000 208,891230,284 PDF p. 137
OthersRMB'000 69,02675,905 PDF p. 137
Total non-current assets (unlabelled total line)RMB'000 851,336886,132 PDF p. 137
Notes

Non-current assets exclude financial instruments and deferred tax assets. The total row has no printed label.

Debt

Borrowings

Bank loans – maturity profile (variable interest rate loans, Group)

Bank loans – maturity profile (variable interest rate loans, Group)
Item / unit 2026The Group carrying amount, RMB'0002026The Group contractual cash flows, RMB'0002025The Group carrying amount, RMB'0002025The Group contractual cash flows, RMB'000 Source
Variable interest rate loans
Less than one yearRMB'000 255,559258,542272,691277,840 PDF p. 109
Between one to five yearsRMB'000 85,43891,75453,25058,532 PDF p. 109
Notes

Based on contractual undiscounted cash flows.

Hire purchase with financial institutions – maturity profile

Hire purchase with financial institutions – maturity profile
Item / unit 2026The Group carrying amount, RMB'0002026The Group contractual cash flows, RMB'0002025The Group carrying amount, RMB'0002025The Group contractual cash flows, RMB'000 Source
Variable interest rate
Less than one yearRMB'000 29,13131,88449,51052,019 PDF p. 109
Between one to five yearsRMB'000 36,17038,6843,3373,440 PDF p. 109
Notes

All hire purchase facilities granted by financial institutions to subsidiaries are secured by the underlying assets Note 4(a) and corporate guarantees provided by the Company. The hire purchase liabilities have an average effective interest rate ranges from 5.3% - 7.3% (2025 – 4.5% - 7.9%) per annum.

Lease liabilities – undiscounted lease payments maturity

Lease liabilities – undiscounted lease payments maturity — The Group
Item / unit 2026RMB'0002025RMB'000 Source
Minimum lease payments payable
Due not later than one yearRMB'000 8,3079,213 PDF p. 110
Due later than one year and not later than five yearsRMB'000 39,24939,439 PDF p. 110
Due later than five yearsRMB'000 43,43356,931 PDF p. 110
Less: Interest expenses allocated to future periodsRMB'000 (19,444)(24,857) PDF p. 110
Present value of minimum lease paymentsRMB'000 71,54580,726 PDF p. 110

Liquidity risk – borrowings contractual undiscounted maturity

Liquidity risk – borrowings contractual undiscounted maturity — The Group
Item / unit 2026at 31 March 2026, Less than 1 year, RMB'0002026at 31 March 2026, Between 1 and 5 years, RMB'0002026at 31 March 2026, Over 5 years, RMB'0002026at 31 March 2026, Total, RMB'000 Source
At 31 March 2026
BorrowingsRMB'000 319,633169,68843,433532,754 PDF p. 133
Notes

Table analyses the maturity profile of the financial liabilities based on contractual undiscounted cash flows.

Liquidity risk – borrowings contractual undiscounted maturity, at 31 March 2025

Liquidity risk – borrowings contractual undiscounted maturity, at 31 March 2025 — The Group
Item / unit 2025at 31 March 2025, Less than 1 year, RMB'0002025at 31 March 2025, Between 1 and 5 years, RMB'0002025at 31 March 2025, Over 5 years, RMB'0002025at 31 March 2025, Total, RMB'000 Source
At 31 March 2025
BorrowingsRMB'000 363,211101,41156,931521,553 PDF p. 133

Liquidity risk – borrowings contractual undiscounted maturity (Company)

Liquidity risk – borrowings contractual undiscounted maturity (Company) — The Company
Item / unit 2026at 31 March 2026, Less than 1 year, RMB'0002026at 31 March 2026, Between 1 and 5 years, RMB'0002026at 31 March 2026, Over 5 years, RMB'0002026at 31 March 2026, Total, RMB'000 Source
At 31 March 2026
BorrowingsRMB'000 20,903––20,903 PDF p. 134
Notes

Comparative at 31 March 2025 Company borrowings: 24,141 / – / – / 24,141 (Less than 1 year / 1-5 years / Over 5 years / Total).

Liquidity risk – borrowings contractual undiscounted maturity (Company), at 31 March 2025

Liquidity risk – borrowings contractual undiscounted maturity (Company), at 31 March 2025 — The Company
Item / unit 2025at 31 March 2025, Less than 1 year, RMB'0002025at 31 March 2025, Between 1 and 5 years, RMB'0002025at 31 March 2025, Over 5 years, RMB'0002025at 31 March 2025, Total, RMB'000 Source
At 31 March 2025
BorrowingsRMB'000 24,141––24,141 PDF p. 134
Borrowing notes 3 tables

Borrowings – non-current and current by type

Borrowings – non-current and current by type
Item / unit 2026The Company, RMB'0002025The Company, RMB'0002026The Group, RMB'0002025The Group, RMB'000 Source
Non-current
Bank LoanRMB'000 ––85,43853,250 PDF p. 108
Hire purchase with financial institutionsRMB'000 ––36,1703,337 PDF p. 108
Lease liabilitiesRMB'000 ––67,01175,784 PDF p. 108
Current
Bank loansRMB'000 ––255,559272,691 PDF p. 108
Hire purchase with financial institutionsRMB'000 ––29,13149,510 PDF p. 108
Lease liabilitiesRMB'000 ––4,5344,942 PDF p. 108
Short term securities loanRMB'000 20,71723,88920,71723,889 PDF p. 108
Notes

The carrying amounts of current and non-current portion of the borrowings approximate their fair value.

As at the end of the reporting period, the Group has unutilised bank loans and hire purchase facilities of RMB54,260,000 (2025 – RMB67,063,000). Bank loan facilities which expire within one year from the reporting date are subject to annual review.

The non-current bank loan of the Group amounting to RMB85,438,000 as at 31 March 2026 will mature over the period from April 2027 to March 2029.

Lease liability is presented within borrowings in the statements of financial position.

Bank loans – secured and unsecured

Bank loans – secured and unsecured — The Group
Item / unit 2026RMB'0002025RMB'000 Source
Bank loans
- securedRMB'000 1,00033,011 PDF p. 108
- unsecuredRMB'000 339,997292,930 PDF p. 108
Notes

Bank loans of the Group are secured by way of certain bank deposits (Note 13) and property, plant and equipment Note 4(a).

Unsecured bank loans facilities are guaranteed by the Company, a fellow subsidiary and certain directors of the Company.

The average effective interest rate of the bank loans is 4.5% (2025 - 4.8%) per annum. Interest is repriced on monthly and yearly basis.

Certain loans were subject to the fulfilment of certain financial covenants of the Group. As at 31 March 2026, the Group was in compliance with these financial covenants.

Lease liabilities – movements and presentation

Lease liabilities – movements and presentation — The Group
Item / unit 2026RMB'0002025RMB'000 Source
Movements
Balance as at end of the yearRMB'000 71,54580,726 PDF p. 110
Presented as
CurrentRMB'000 4,5344,942 PDF p. 110
Non-currentRMB'000 67,01175,784 PDF p. 110
Notes

The lease liabilities have an average effective interest rate ranges from 5.1% - 6.9% (2025 – 3.2% - 6.0%) per annum.

Payout

Dividends & distributions

Dividend policy

ItemValuePeriod / scopeSource
Dividend Policy The Company does not have a fixed dividend policy. The form, frequency and amount of dividend paid will depend on the Company’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business condition, development plans and other factors as the Directors may deem appropriate. Company PDF p. 45

Dividends declared and proposed

ItemValuePeriod / scopeSource
final tax exempt (one-tier) dividend 1.0 Singapore cent per share Proposed final dividend for FY ended 31 March 2026, per ordinary share PDF p. 147
special tax exempt (one-tier) dividend 1.0 Singapore cent per share Proposed special dividend for FY ended 31 March 2026, per ordinary share PDF p. 147
Share Transfer Books and Register of Members closed 21 August 2026 Proposed FY2026 final and special dividends · As at 2026-08-21 PDF p. 147
proposed payment of the dividend 4 September 2026 Proposed FY2026 final and special dividends · As at 2026-09-04 PDF p. 147
total of RMB9,502,000 (SGD1,775,000) RMB9,502,000 (SGD1,775,000) Proposed FY2026 final and special dividends, Group PDF p. 123
Final one-tier tax exempt dividends paid in respect of the previous financial year of S$0.01 (2025 - S$0.01) per share S$0.01 Final one-tier tax exempt dividend in respect of previous financial year, paid during FY2026 (comparative: 2025 - S$0.01); Group; paid RMB4,947,000 (2026) vs RMB4,769,000 (2025) PDF p. 123

Extracted from Annual Report 2026 - Yongmao Holdings Limited and checked against the cited pages; see the original report for full context.

Auditor’s report

Audit & risk signals

Audit opinion

ItemValuePeriod / scopeSource
Audit firm PKF-CAP LLP Group PDF p. 62
Engagement partner Ang Kok Keong Group PDF p. 62
Opinion In our opinion, the accompanying consolidated financial statements of the Group and the statement of financial position of the Company are properly drawn up Group and Company PDF p. 58

Extracted from Annual Report 2026 - Yongmao Holdings Limited and checked against the cited pages; see the original report for full context.

How to read these figures

Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.

Comparative figures follow Annual Report 2026 - Yongmao Holdings Limited, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.

These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.