Be Friends Holding 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	328.4	113.32	149.54	50.93	60.06
Trading Asset Securities	12.28	-	-	-	-
Cash & Short-Term Investments	340.68	113.32	149.54	50.93	60.06
Cash Growth	200.64%	-24.22%	193.62%	-15.21%	369.94%
Accounts Receivable	156.2	187.37	226.09	151.46	98.52
Other Receivables	-	53.63	45.48	12.94	12.08
Receivables	156.2	262	271.57	171.41	110.6
Inventory	0.36	68.81	75.99	83.97	98.42
Other Current Assets	166.97	260.12	30.19	46.63	75.64
Total Current Assets	664.2	704.24	527.28	352.93	344.72
Property, Plant & Equipment	36.24	59.34	64.37	47.11	35.25
Long-Term Investments	0.13	37.48	38.68	31.61	31.46
Goodwill	209.53	80.11	80.11	-	-
Other Intangible Assets	16.73	6.9	12.11	5.6	7.23
Long-Term Accounts Receivable	3.9	5.41	2.5	2.03	3.02
Long-Term Deferred Tax Assets	5.13	6.91	11.78	-	1.01
Long-Term Deferred Charges	-	7.93	-	-	-
Other Long-Term Assets	10	15.6	17.76	7.63	-
Total Assets	945.86	923.92	754.59	446.91	422.68
Accounts Payable	208.81	82.68	105.09	64.56	52.23
Accrued Expenses	-	83.77	92.13	79.06	49.58
Short-Term Debt	60	205.79	119.12	68.21	62.62
Current Portion of Long-Term Debt	-	-	-	60.3	96.84
Current Portion of Leases	18.79	10.49	20.27	8	2.56
Current Income Taxes Payable	4.72	19.39	33.05	17.36	7.62
Current Unearned Revenue	96.01	62.27	32.91	14.67	31.07
Other Current Liabilities	-	6.52	5.61	6.01	3.95
Total Current Liabilities	388.32	470.9	408.19	318.16	306.47
Long-Term Debt	-	20.54	35.64	17.86	26.2
Long-Term Leases	14.5	16.02	6.3	7.91	1.62
Long-Term Deferred Tax Liabilities	11.28	2.75	2.75	-	-
Total Liabilities	414.11	510.21	452.88	343.92	334.29
Common Stock	11.33	11.33	11.36	10.67	8.69
Additional Paid-In Capital	322.97	322.97	330.27	330.27	281.11
Retained Earnings	67.73	3.8	-77.88	-197.34	-188.14
Treasury Stock	-0.02	-0.02	-	-	-
Comprehensive Income & Other	129.78	80.92	33.76	-50.3	-35.87
Total Common Equity	531.79	418.99	297.51	93.3	65.8
Minority Interest	-0.04	-5.28	4.2	9.69	22.59
Shareholders' Equity	531.75	413.71	301.71	102.98	88.39
Total Liabilities & Equity	945.86	923.92	754.59	446.91	422.68
Total Debt	93.29	252.83	181.33	162.28	189.83
Net Cash (Debt)	247.38	-139.52	-31.8	-111.35	-129.77
Net Cash Per Share	0.18	-0.10	-0.02	-0.10	-0.12
Filing Date Shares Outstanding	1,390	1,385	1,391	1,311	1,090
Total Common Shares Outstanding	1,390	1,385	1,391	1,311	1,090
Working Capital	275.88	233.34	119.1	34.77	38.25
Book Value Per Share	0.38	0.30	0.21	0.07	0.06
Tangible Book Value	305.53	331.98	205.29	87.7	58.57
Tangible Book Value Per Share	0.22	0.24	0.15	0.07	0.05
Buildings	-	53.44	53.44	53.44	53.44
Machinery	-	39.64	33.35	20.97	18.27

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