Jinmao Property Services 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	1,629	1,399	1,252	1,019	553.62
Short-Term Investments	-	83.19	110.14	24.19	11.69
Cash & Short-Term Investments	1,629	1,483	1,362	1,043	565.31
Cash Growth	9.87%	8.84%	30.58%	84.53%	102.72%
Accounts Receivable	1,438	982.68	900.3	778.56	414.48
Other Receivables	-	630.35	597.23	497.93	192.69
Receivables	1,438	1,613	1,498	1,276	607.17
Inventory	3.92	4.72	4.26	4.39	4.52
Prepaid Expenses	20.59	8.96	22.76	27.28	7.51
Restricted Cash	13.2	4.24	2.02	1.65	1.28
Other Current Assets	612.58	275.12	109.44	89.35	62.91
Total Current Assets	3,717	3,389	2,998	2,442	1,249
Property, Plant & Equipment	285.16	332.4	251.99	213.04	96.56
Goodwill	479.87	479.87	249.12	249.12	-
Other Intangible Assets	109.7	101.12	101.75	91.71	6.39
Long-Term Deferred Tax Assets	47.9	24.07	8.11	6.11	4.71
Other Long-Term Assets	6.58	4.27	4.64	1.24	2.69
Total Assets	4,647	4,330	3,614	3,004	1,359
Accounts Payable	896.84	711.77	602.85	456.08	170.94
Accrued Expenses	-	146.23	127.52	124.08	93.67
Current Portion of Leases	79.86	46.07	22.33	15.66	8.97
Current Income Taxes Payable	53.05	35.72	40.32	26.19	4.36
Current Unearned Revenue	916.25	650.68	486.84	370.37	313.94
Other Current Liabilities	915.48	780.47	628.98	540.21	536.17
Total Current Liabilities	2,861	2,371	1,909	1,533	1,128
Long-Term Leases	147.1	176.55	113.32	84.88	25.34
Long-Term Deferred Tax Liabilities	17.57	21.2	23.63	25.84	1.69
Total Liabilities	3,026	2,569	2,046	1,643	1,155
Common Stock	839.53	839.53	839.53	839.53	66.95
Retained Earnings	-	890.52	721.01	520.4	184.39
Comprehensive Income & Other	722.43	-25.29	-18.75	-16.75	-55.94
Total Common Equity	1,562	1,705	1,542	1,343	195.4
Minority Interest	58.43	57.04	26.22	17.05	8.58
Shareholders' Equity	1,620	1,762	1,568	1,360	203.98
Total Liabilities & Equity	4,647	4,330	3,614	3,004	1,359
Total Debt	226.96	222.61	135.64	100.54	34.31
Net Cash (Debt)	1,402	1,260	1,227	942.61	530.99
Net Cash Growth	11.26%	2.73%	30.12%	77.52%	-
Net Cash Per Share	1.55	1.39	1.36	1.07	0.66
Filing Date Shares Outstanding	904.19	904.19	904.19	904.19	800
Total Common Shares Outstanding	904.19	904.19	904.19	904.19	800
Working Capital	855.83	1,018	1,089	909.71	120.66
Book Value Per Share	1.73	1.89	1.71	1.49	0.24
Tangible Book Value	972.38	1,124	1,191	1,002	189.01
Tangible Book Value Per Share	1.08	1.24	1.32	1.11	0.24
Machinery	-	83.06	78	69.82	60.08
Leasehold Improvements	-	100.34	80.86	62.74	21.25

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