Jingrui 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	147.27	217.76	334.53	670.41	2,211	10,896
Short-Term Investments	-	-	-	-	-	15.26
Trading Asset Securities	367.48	516.57	626.96	786.38	988.47	1,162
Cash & Short-Term Investments	514.75	734.32	961.49	1,457	3,200	12,073
Cash Growth	-37.20%	-23.63%	-34.00%	-54.47%	-73.50%	7.02%
Accounts Receivable	6,119	6,948	7,507	8,025	477.74	534.01
Other Receivables	-	-	-	-	6,057	7,721
Receivables	6,119	6,948	7,507	8,025	7,292	8,410
Inventory	13,818	14,343	20,980	25,793	29,563	28,755
Prepaid Expenses	-	-	-	-	665.09	613.74
Restricted Cash	83.79	108.58	291.72	681.68	8,780	2,751
Other Current Assets	621.56	524.37	718.62	948.53	2,653	3,609
Total Current Assets	21,157	22,657	30,458	36,905	52,152	56,211
Property, Plant & Equipment	187.38	192.41	227.87	257.18	281.41	297.24
Long-Term Investments	2,163	2,363	2,892	3,416	3,850	4,802
Goodwill	46.96	54.35	85.39	119.15	42.43	70.69
Other Intangible Assets	-	-	0.15	1.54	5.46	4.87
Long-Term Accounts Receivable	710	716.58	703.86	714.7	86.98	89.85
Long-Term Deferred Tax Assets	-	444.16	519.03	603.6	429.34	295.89
Other Long-Term Assets	4,111	4,190	4,621	5,093	5,833	5,927
Total Assets	28,376	30,618	39,508	47,110	63,250	68,319
Accounts Payable	1,528	1,873	2,372	2,636	13,264	4,139
Accrued Expenses	3,561	3,179	2,795	2,395	-	1,341
Short-Term Debt	797.7	814.89	1,025	1,599	4,137	4,792
Current Portion of Long-Term Debt	12,772	13,110	12,217	12,809	8,290	6,909
Current Portion of Leases	1.2	5.09	12.44	23.26	20.36	21.2
Current Income Taxes Payable	1,985	1,986	2,093	2,216	2,127	2,018
Current Unearned Revenue	3,015	2,884	6,124	8,690	11,173	12,808
Other Current Liabilities	2,416	2,576	3,066	4,063	-	11,135
Total Current Liabilities	26,076	26,428	29,706	34,431	39,012	43,164
Long-Term Debt	2,979	2,736	4,572	5,116	10,670	12,305
Long-Term Leases	-	0.09	13.42	102.34	124.78	132.6
Long-Term Deferred Tax Liabilities	744.85	768.29	1,012	1,062	1,172	1,421
Other Long-Term Liabilities	-	-	-	-	1,035	-
Total Liabilities	29,800	29,933	35,303	40,711	52,013	57,022
Common Stock	87.81	87.81	87.81	87.81	87.81	87.81
Additional Paid-In Capital	424.01	424.01	424.01	424.01	424.01	744.62
Retained Earnings	-6,272	-4,021	-1,017	704.3	4,974	4,847
Treasury Stock	-	-	-	-4.33	-6.22	-9.57
Comprehensive Income & Other	892.36	641.67	657.71	581.89	558.8	497.14
Total Common Equity	-4,868	-2,867	152.61	1,794	6,038	6,167
Minority Interest	3,444	3,552	4,052	4,605	5,199	5,130
Shareholders' Equity	-1,424	684.74	4,205	6,399	11,237	11,297
Total Liabilities & Equity	28,376	30,618	39,508	47,110	63,250	68,319
Total Debt	16,549	16,666	17,840	19,650	23,242	24,160
Net Cash (Debt)	-16,034	-15,932	-16,878	-18,193	-20,042	-12,087
Net Cash Per Share	-10.42	-10.35	-10.98	-11.84	-13.04	-8.61
Filing Date Shares Outstanding	1,539	1,539	1,539	1,537	1,537	1,402
Total Common Shares Outstanding	1,539	1,539	1,539	1,537	1,537	1,402
Working Capital	-4,919	-3,771	752.41	2,474	13,141	13,047
Book Value Per Share	-3.16	-1.86	0.10	1.17	3.93	4.40
Tangible Book Value	-4,915	-2,922	67.06	1,673	5,991	6,091
Tangible Book Value Per Share	-3.19	-1.90	0.04	1.09	3.90	4.34
Machinery	54.15	65.01	71.79	71.5	61.63	66.19
Leasehold Improvements	41.85	49.52	50.28	44.13	42.97	44.05

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