VCREDIT Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,636	1,693	896.53	1,592	1,908	1,502
Long-Term Investments	21.21	21.59	13.38	20.89	-	20.63
Trading Asset Securities	68.24	54.38	148.7	243.53	133.8	20.29
Loans & Lease Receivables	8,360	6,247	6,522	5,230	7,322	4,028
Other Receivables	851.14	631.18	899.06	654.6	398.38	447.49
Property, Plant & Equipment	119.42	137.58	103.56	70.65	59.65	85.27
Other Intangible Assets	35.02	38.74	36.29	38.44	40.59	35.38
Restricted Cash	685.68	634.58	652.24	514.94	55.11	236.28
Other Current Assets	2,004	1,603	2,133	1,395	947.81	1,249
Long-Term Deferred Tax Assets	716.97	637.43	522.22	342.46	381.04	682.57
Other Long-Term Assets	7.69	7.69	7.69	-	30.6	30.6
Total Assets	14,506	11,706	11,934	10,103	11,277	8,337
Accrued Expenses	394.37	219.69	142.23	206.53	126.03	113.85
Current Portion of Long-Term Debt	2,996	3,002	2,340	2,035	3,265	1,238
Long-Term Debt	4,457	2,318	3,256	2,497	3,747	3,622
Long-Term Leases	28.37	42.45	59.26	27.79	25.29	47.98
Long-Term Unearned Revenue	42.2	54.81	35.68	25.71	8.04	-
Current Income Taxes Payable	186.15	238.97	285.65	199.75	59.69	34.56
Other Current Liabilities	89.28	893.01	1,530	1,141	472.01	804.29
Long-Term Deferred Tax Liabilities	13.87	15	7.5	-	92.98	100.7
Pension & Post-Retirement Benefits	56.54	94.71	69.65	59.29	59.76	37.9
Other Long-Term Liabilities	1,490	221.16	40.76	85.76	27.67	52.28
Total Liabilities	9,754	7,099	7,766	6,278	7,883	6,051
Common Stock	40.07	40.07	40.07	40.07	40.15	40.41
Additional Paid-In Capital	5,109	5,198	5,243	5,355	5,462	5,559
Retained Earnings	-1,166	-1,382	-1,860	-2,314	-2,846	-4,025
Comprehensive Income & Other	781.19	752.2	749.54	757.25	763.81	747.08
Total Common Equity	4,750	4,606	4,168	3,823	3,391	2,283
Minority Interest	1.41	1.41	0.7	3.04	3.04	3.02
Shareholders' Equity	4,751	4,607	4,169	3,826	3,394	2,286
Total Liabilities & Equity	14,506	11,706	11,934	10,103	11,277	8,337
Total Debt	7,482	5,362	5,655	4,560	7,037	4,907
Net Cash (Debt)	-5,777	-3,614	-4,610	-2,724	-4,995	-3,385
Net Cash Per Share	-11.79	-7.38	-9.41	-5.56	-10.15	-6.88
Filing Date Shares Outstanding	485.53	488.78	488.45	487.08	486.29	488.8
Total Common Shares Outstanding	485.53	488.78	488.45	487.08	486.29	488.8
Working Capital	9,940	6,510	6,954	6,049	6,842	5,292
Book Value Per Share	9.78	9.42	8.53	7.85	6.97	4.67
Tangible Book Value	4,715	4,567	4,132	3,784	3,350	2,248
Tangible Book Value Per Share	9.71	9.34	8.46	7.77	6.89	4.60

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