Financial Street Property 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	1,424	1,459	1,316	1,444	1,398	1,400
Short-Term Investments	145.68	134.51	136.28	49.73	32.46	32.65
Cash & Short-Term Investments	1,570	1,593	1,452	1,494	1,430	1,432
Cash Growth	5.11%	9.68%	-2.76%	4.45%	-0.15%	108.42%
Accounts Receivable	463.78	352.4	276.76	247.42	210.38	149.77
Other Receivables	10.49	-	-	-	-	-
Receivables	474.27	352.4	276.76	247.42	212.85	149.77
Prepaid Expenses	-	11.48	14.92	-	-	-
Restricted Cash	-	-	-	-	-	33.99
Other Current Assets	124.52	104.71	99.92	89.67	109.67	32.98
Total Current Assets	2,169	2,062	1,844	1,831	1,753	1,649
Property, Plant & Equipment	75.76	82.82	73.33	98.37	88.64	68.22
Long-Term Investments	10.44	10.38	18.76	18.23	15.27	11.99
Goodwill	93.62	93.62	81.27	0.33	0.33	0.33
Other Intangible Assets	16.97	18.92	18.62	7.97	8.52	5.61
Long-Term Accounts Receivable	68.03	8.64	18.8	21.08	-	-
Long-Term Deferred Tax Assets	47	42.1	21.17	16.78	3.17	5.56
Other Long-Term Assets	4.14	11.35	26.88	0.63	4.35	1.1
Total Assets	2,485	2,330	2,103	2,001	1,880	1,748
Accounts Payable	289.14	245.07	191.91	178.25	120.96	85.6
Accrued Expenses	122.83	115.72	95.16	79.75	84.46	77.34
Current Portion of Leases	30.36	30.99	18.4	28.48	21.77	13.07
Current Income Taxes Payable	13.92	26.97	16.82	36.02	11.44	5.17
Current Unearned Revenue	128	131.08	116.99	111.72	131.94	117.57
Other Current Liabilities	433.32	342.4	293.81	293.38	303.33	328.29
Total Current Liabilities	1,018	892.22	733.1	727.59	673.89	627.02
Long-Term Leases	83.88	33.94	34.51	51.33	35.76	28.9
Pension & Post-Retirement Benefits	5.23	5.38	5.14	5.01	5.26	5.29
Long-Term Deferred Tax Liabilities	1.2	1.3	1.19	0.36	0.45	0.54
Other Long-Term Liabilities	1	27.6	26	-	-	-
Total Liabilities	1,109	960.43	799.94	784.28	715.37	661.75
Common Stock	373.5	373.5	373.5	373.5	373.5	373.5
Retained Earnings	372.12	373.16	321.71	254.49	216.64	136.45
Comprehensive Income & Other	550.01	551.21	550.62	551.64	551.59	556.34
Total Common Equity	1,296	1,298	1,246	1,180	1,142	1,066
Minority Interest	80.28	71.21	57.14	37.12	22.47	20.27
Shareholders' Equity	1,376	1,369	1,303	1,217	1,164	1,087
Total Liabilities & Equity	2,485	2,330	2,103	2,001	1,880	1,748
Total Debt	114.24	64.93	52.91	79.81	57.53	41.97
Net Cash (Debt)	1,456	1,528	1,400	1,414	1,373	1,390
Net Cash Growth	1.47%	9.19%	-1.01%	3.01%	-1.27%	117.56%
Net Cash Per Share	3.90	4.09	3.75	3.79	3.67	4.35
Filing Date Shares Outstanding	373.5	373.5	373.5	373.5	373.5	373.5
Total Common Shares Outstanding	373.5	373.5	373.5	373.5	373.5	373.5
Working Capital	1,151	1,169	1,111	1,103	1,079	1,022
Book Value Per Share	3.47	3.47	3.34	3.16	3.06	2.85
Tangible Book Value	1,185	1,185	1,146	1,171	1,133	1,060
Tangible Book Value Per Share	3.17	3.17	3.07	3.14	3.03	2.84
Buildings	-	3.82	3.82	3.82	3.82	3.82
Machinery	-	60.92	57.17	53.69	50.29	43.63
Leasehold Improvements	-	31.17	28.57	25.67	16.96	11.03

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