China New City Group 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	65.33	839	181.16	948.09	1,603
Trading Asset Securities	0.04	0.04	0.04	20.16	0.07
Cash & Short-Term Investments	65.37	839.04	181.19	968.25	1,603
Cash Growth	-92.21%	363.07%	-81.29%	-39.60%	61.25%
Accounts Receivable	18.85	61.08	70.01	47.8	41.25
Other Receivables	70.77	138.79	135.32	243.07	376.47
Receivables	1,183	437.66	205.33	290.86	794.67
Inventory	2,992	4,110	3,675	3,868	2,944
Prepaid Expenses	70.99	100.74	195.38	148.44	92.94
Restricted Cash	116.25	47.09	98.01	220.15	332.97
Other Current Assets	98.65	114.09	130.86	293.44	165.59
Total Current Assets	4,527	5,649	4,486	5,789	5,933
Property, Plant & Equipment	2,107	2,200	2,389	2,496	2,543
Long-Term Investments	677.61	364.85	393.78	384.96	367.49
Other Intangible Assets	-	-	-	14.19	30.79
Long-Term Deferred Tax Assets	55.57	36.96	66.9	36.63	23.83
Other Long-Term Assets	5,589	5,135	6,198	6,459	6,607
Total Assets	12,956	13,386	13,533	15,180	15,505
Accounts Payable	914.64	1,543	575.02	598.76	480.9
Accrued Expenses	617.05	671.35	231.42	311.55	303.39
Short-Term Debt	33.93	46.48	329.92	754.9	818.23
Current Portion of Long-Term Debt	267.77	1,072	584.86	1,319	1,527
Current Portion of Leases	5.27	10.67	49.11	45.4	29.1
Current Income Taxes Payable	578.47	638.78	193.77	162.03	151.93
Current Unearned Revenue	369.11	930.22	3,076	2,826	2,091
Other Current Liabilities	122.46	142.51	292.39	210.17	257.62
Total Current Liabilities	2,909	5,055	5,332	6,228	5,659
Long-Term Debt	4,789	2,327	2,534	2,689	3,108
Long-Term Leases	10.88	20.52	91.87	137.6	138.65
Long-Term Deferred Tax Liabilities	668.07	640.58	733.92	816.86	865.21
Total Liabilities	8,377	8,044	8,692	9,872	9,771
Common Stock	145.04	160.22	160.22	160.22	160.22
Additional Paid-In Capital	719.7	719.7	719.7	719.7	719.7
Retained Earnings	2,487	2,779	2,275	2,680	3,112
Comprehensive Income & Other	1,164	1,606	1,592	1,544	1,508
Total Common Equity	4,516	5,265	4,747	5,104	5,500
Minority Interest	62.62	76.64	93.95	204.34	233.45
Shareholders' Equity	4,578	5,342	4,841	5,308	5,734
Total Liabilities & Equity	12,956	13,386	13,533	15,180	15,505
Total Debt	5,107	3,477	3,590	4,946	5,621
Net Cash (Debt)	-5,042	-2,638	-3,409	-3,978	-4,018
Net Cash Per Share	-2.62	-1.31	-1.70	-1.98	-2.00
Filing Date Shares Outstanding	1,844	2,011	2,011	2,011	2,011
Total Common Shares Outstanding	1,844	2,011	2,011	2,011	2,011
Working Capital	1,618	593.26	-846.55	-439.57	273.78
Book Value Per Share	2.45	2.62	2.36	2.54	2.74
Tangible Book Value	4,516	5,265	4,747	5,089	5,469
Tangible Book Value Per Share	2.45	2.62	2.36	2.53	2.72
Buildings	223.79	223.81	223.76	223.42	222.84
Machinery	128.19	124.96	132.7	134.28	129.53
Construction In Progress	187.73	181.46	164.15	124.71	65.83
Leasehold Improvements	210.8	186.92	171.47	172.41	199.22

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