Royale Home 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	46.75	20.45	29.27	356.83	119.31	199.5
Short-Term Investments	-	149.74	138.16	78.41	32.14	51.43
Cash & Short-Term Investments	46.75	170.19	167.43	435.24	151.45	250.94
Cash Growth	-3.32%	1.65%	-61.53%	187.37%	-39.65%	-40.30%
Accounts Receivable	210.81	234.19	240.97	204.12	152.49	31.84
Other Receivables	1,131	1,214	1,126	975.08	347.22	1,423
Receivables	1,342	1,448	1,367	1,179	1,166	1,455
Inventory	277.98	271.35	302.4	249.08	207.03	223.86
Prepaid Expenses	360.54	71.3	69.45	131.33	62.56	16.16
Restricted Cash	5.03	5.03	233.26	116.81	567.09	0.16
Other Current Assets	-	60	20.89	4.78	8.54	-
Total Current Assets	2,032	2,026	2,161	2,116	2,162	1,946
Property, Plant & Equipment	945.21	975.52	1,083	1,096	1,029	1,032
Long-Term Investments	1,119	1,249	1,339	1,306	1,290	633.29
Goodwill	25.05	25.05	25.05	27.81	28.09	29.04
Other Intangible Assets	1.86	2.06	0.7	0.74	2.81	6.9
Long-Term Accounts Receivable	-	-	-	12.87	1.37	-
Long-Term Deferred Tax Assets	88.28	46	23.73	27.73	20.32	-
Other Long-Term Assets	696.18	705.19	672.74	828.85	598.03	406.76
Total Assets	4,908	5,028	5,306	5,417	5,132	4,054
Accounts Payable	125.11	205.8	220.66	128.38	86.52	83.74
Accrued Expenses	-	7.05	80.11	41.02	9.28	4.86
Short-Term Debt	1,613	1,226	400.87	652.53	887.85	562.05
Current Portion of Long-Term Debt	974.77	933.54	1,275	746.25	333.79	12.31
Current Portion of Leases	9.69	9.66	10.54	14.38	20.61	23.18
Current Income Taxes Payable	77.09	82.08	73.96	127.26	146.42	135.65
Current Unearned Revenue	-	54.2	73.15	33.28	27.17	57.98
Other Current Liabilities	210.19	146.55	122.33	89.35	68.33	84.42
Total Current Liabilities	3,010	2,665	2,257	1,832	1,580	964.17
Long-Term Debt	583.92	740.23	1,042	1,222	904.51	138.99
Long-Term Leases	15.39	19.47	37.13	45.1	20.2	41.6
Long-Term Unearned Revenue	34.84	35.37	33.2	34.2	36.96	38.23
Long-Term Deferred Tax Liabilities	106.44	122.1	149.72	146.96	365.96	341.75
Total Liabilities	3,751	3,582	3,519	3,281	2,908	1,525
Common Stock	221.59	221.59	221.59	221.59	211.7	218.81
Additional Paid-In Capital	934.51	934.51	934.51	958.01	996.37	1,249
Retained Earnings	-89.11	179.48	513.63	888.38	752.96	708.85
Comprehensive Income & Other	-64.97	-40.85	-48.54	-55.53	143.78	241.18
Total Common Equity	1,002	1,295	1,621	2,012	2,105	2,417
Minority Interest	154.99	151.41	165.32	123.8	119.1	111.32
Shareholders' Equity	1,157	1,446	1,787	2,136	2,224	2,529
Total Liabilities & Equity	4,908	5,028	5,306	5,417	5,132	4,054
Total Debt	3,197	2,929	2,766	2,680	2,167	778.12
Net Cash (Debt)	-3,150	-2,759	-2,599	-2,245	-2,016	-527.18
Net Cash Per Share	-1.27	-1.11	-1.05	-0.90	-0.79	-0.20
Filing Date Shares Outstanding	2,599	2,599	2,599	2,599	2,599	2,599
Total Common Shares Outstanding	2,599	2,599	2,599	2,599	2,599	2,599
Working Capital	-977.8	-639.15	-96.11	283.98	582.34	981.49
Book Value Per Share	0.39	0.50	0.62	0.77	0.81	0.93
Tangible Book Value	975.12	1,268	1,595	1,984	2,074	2,382
Tangible Book Value Per Share	0.38	0.49	0.61	0.76	0.80	0.92
Buildings	-	654.17	648.71	556.11	547	539.72
Machinery	-	233.91	234.59	228.51	211.36	215.82
Construction In Progress	-	21.19	18.43	61.47	44.05	1.61
Leasehold Improvements	-	108.49	216.53	191.24	114.19	113.67

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.