Central China Real Estate 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	420.34	365.39	388.17	1,890	5,902
Short-Term Investments	10,321	1,715	1,902	1,916	1,505
Trading Asset Securities	2.87	3.1	2.42	4.5	53.65
Cash & Short-Term Investments	10,745	2,084	2,292	3,810	7,460
Cash Growth	415.64%	-9.10%	-39.84%	-48.92%	-69.51%
Accounts Receivable	157.45	211.2	194.82	142.54	124.91
Other Receivables	8,052	8,407	9,424	9,876	9,190
Receivables	8,209	8,627	9,773	10,018	9,315
Inventory	59,117	67,071	75,431	92,261	87,470
Other Current Assets	432.42	9,549	10,181	12,602	16,966
Total Current Assets	78,504	87,330	97,678	118,691	121,211
Property, Plant & Equipment	7,416	8,258	8,787	8,979	7,802
Long-Term Investments	4,462	4,766	5,439	6,168	10,385
Goodwill	-	235.42	845.66	1,046	1,046
Other Intangible Assets	248	22.01	31.45	40.88	64.56
Long-Term Deferred Tax Assets	232.03	145.1	95.36	48.5	212.88
Other Long-Term Assets	4,040	4,140	4,410	3,984	5,085
Total Assets	94,901	104,897	117,286	138,957	145,807
Accounts Payable	27,786	31,178	32,014	37,164	32,832
Accrued Expenses	6,511	4,945	3,567	2,044	4,662
Short-Term Debt	806.55	6,302	4,403	696.15	180.04
Current Portion of Long-Term Debt	22,400	21,205	20,079	12,885	6,761
Current Portion of Leases	11.32	20.86	20.21	36.36	96.36
Current Income Taxes Payable	2,154	2,001	1,589	1,326	1,881
Current Unearned Revenue	23,040	29,490	39,396	51,666	52,361
Other Current Liabilities	18,892	11,176	12,189	17,435	17,066
Total Current Liabilities	101,601	106,317	113,258	123,253	115,840
Long-Term Debt	847.49	2,833	3,432	10,776	15,179
Long-Term Leases	127.05	159.26	212.43	326.08	399.37
Long-Term Deferred Tax Liabilities	890.15	974.33	1,057	1,274	1,645
Total Liabilities	103,466	110,284	117,959	135,629	133,063
Common Stock	266.53	266.53	266.53	266.53	260.12
Additional Paid-In Capital	-	3,030	3,030	3,030	2,987
Retained Earnings	-	-7,639	-4,305	-1,047	6,582
Comprehensive Income & Other	-9,269	-1,809	-1,137	-1,464	-486.44
Total Common Equity	-9,003	-6,151	-2,145	785.56	9,342
Minority Interest	438.16	764.62	1,472	2,542	3,401
Shareholders' Equity	-8,564	-5,387	-672.68	3,328	12,743
Total Liabilities & Equity	94,901	104,897	117,286	138,957	145,807
Total Debt	24,192	30,521	28,147	24,720	22,616
Net Cash (Debt)	-13,448	-28,437	-25,854	-20,909	-15,155
Net Cash Per Share	-4.56	-9.64	-8.76	-7.18	-5.31
Filing Date Shares Outstanding	3,039	3,039	3,039	3,039	2,964
Total Common Shares Outstanding	3,039	3,039	3,039	3,039	2,964
Working Capital	-23,097	-18,986	-15,580	-4,561	5,371
Book Value Per Share	-2.96	-2.02	-0.71	0.26	3.15
Tangible Book Value	-9,251	-6,409	-3,022	-300.98	8,232
Tangible Book Value Per Share	-3.04	-2.11	-0.99	-0.10	2.78
Buildings	-	6,149	6,105	6,198	4,161
Machinery	-	918.42	953.45	561.63	1,234
Construction In Progress	-	3,157	3,298	3,429	3,584

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