Yuexiu Property Company 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	45,352	29,728	29,265	21,846	32,766
Short-Term Investments	4.52	2,145	1,690	993.61	774.97
Cash & Short-Term Investments	45,356	31,874	30,956	22,840	33,541
Cash Growth	42.30%	2.97%	35.53%	-31.91%	14.03%
Accounts Receivable	1,516	1,307	846.31	569.69	125.79
Other Receivables	51,988	47,342	32,737	19,894	21,918
Receivables	53,503	48,650	33,583	21,386	22,860
Inventory	184,329	224,952	238,949	209,744	180,360
Prepaid Expenses	8,844	8,099	7,844	6,133	5,201
Other Current Assets	5,654	27,218	26,833	23,871	20,841
Total Current Assets	297,686	340,792	338,164	283,974	262,804
Property, Plant & Equipment	4,960	4,990	3,625	8,736	7,923
Long-Term Investments	35,763	34,696	29,875	30,652	24,582
Goodwill	-	23.54	260.41	260.41	253.33
Other Intangible Assets	388.28	315.72	253.72	260.83	175.5
Long-Term Deferred Tax Assets	5,758	4,465	3,475	2,651	1,950
Other Long-Term Assets	25,191	25,172	25,525	19,817	16,167
Total Assets	369,745	410,453	401,179	346,352	313,855
Accounts Payable	2,918	1,560	1,331	1,642	1,613
Accrued Expenses	-	1,800	1,037	33,193	28,909
Short-Term Debt	-	2,362	1,989	1,638	1,431
Current Portion of Long-Term Debt	27,202	20,907	20,987	14,107	28,370
Current Portion of Leases	218.41	225.69	219.49	178.71	177.2
Current Income Taxes Payable	4,531	5,543	7,517	9,942	10,678
Current Unearned Revenue	63,058	83,842	87,654	74,472	73,177
Other Current Liabilities	84,117	104,276	89,353	43,338	38,264
Total Current Liabilities	182,045	220,515	210,087	178,510	182,621
Long-Term Debt	77,625	80,620	81,395	72,554	48,960
Long-Term Leases	462.08	562.02	619.53	712.89	694.01
Long-Term Unearned Revenue	56.06	54.58	102.2	273.62	50.24
Long-Term Deferred Tax Liabilities	3,694	4,006	5,870	6,117	5,955
Other Long-Term Liabilities	30.71	616.19	896.34	3,392	1,208
Total Liabilities	263,912	306,374	298,970	261,559	239,488
Common Stock	25,545	25,545	25,545	18,035	18,035
Retained Earnings	26,232	29,961	30,235	29,842	27,654
Comprehensive Income & Other	3,040	-244.73	-151.27	-447.84	546.91
Total Common Equity	54,817	55,261	55,629	47,430	46,236
Minority Interest	51,015	48,818	46,580	37,363	28,131
Shareholders' Equity	105,832	104,079	102,209	84,793	74,367
Total Liabilities & Equity	369,745	410,453	401,179	346,352	313,855
Total Debt	105,507	104,676	105,210	89,190	79,633
Net Cash (Debt)	-60,151	-72,803	-74,254	-66,350	-46,091
Net Cash Per Share	-14.94	-18.09	-19.91	-21.43	-14.89
Filing Date Shares Outstanding	4,025	4,025	4,025	3,096	3,096
Total Common Shares Outstanding	4,025	4,025	4,025	3,096	3,096
Working Capital	115,641	120,277	128,078	105,464	80,183
Book Value Per Share	13.62	13.73	13.82	15.32	14.93
Tangible Book Value	54,429	54,922	55,115	46,908	45,807
Tangible Book Value Per Share	13.52	13.64	13.69	15.15	14.79
Buildings	-	2,370	2,083	1,786	1,805
Machinery	-	47.1	52.5	50.8	61.58
Construction In Progress	-	1,791	856.97	3,196	2,258
Leasehold Improvements	-	779.43	558.62	345.07	286.48

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