Redco Properties 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	198.51	332.87	792.26	1,896	7,534
Trading Asset Securities	-	3.3	-	-	-
Cash & Short-Term Investments	198.51	336.17	792.26	1,896	7,534
Cash Growth	-40.95%	-57.57%	-58.22%	-74.83%	-21.92%
Accounts Receivable	273.93	226.15	175.51	134.74	297.9
Other Receivables	7,514	7,639	6,794	7,352	11,174
Receivables	7,788	7,865	6,969	7,486	11,487
Inventory	26,749	29,621	35,424	39,615	58,149
Prepaid Expenses	1,275	1,275	1,593	1,550	1,801
Restricted Cash	369.68	478.53	1,805	3,707	3,323
Other Current Assets	122.54	152.85	270.53	437.16	909.5
Total Current Assets	36,503	39,728	46,854	54,691	83,204
Property, Plant & Equipment	439.53	492.87	570.55	835.09	923.8
Long-Term Investments	629.53	638.48	1,335	828.78	1,017
Goodwill	-	285.72	285.72	285.72	285.72
Other Intangible Assets	310.92	34.29	44.27	55.62	66.97
Long-Term Accounts Receivable	611.07	617.39	622.44	639.77	695.24
Long-Term Deferred Tax Assets	325.63	458.47	461.37	1,019	1,122
Other Long-Term Assets	820.95	1,168	1,290	1,631	1,992
Total Assets	39,641	43,424	51,464	59,986	89,307
Accounts Payable	6,240	7,363	5,719	6,286	6,140
Accrued Expenses	8,886	6,759	8,303	7,749	9,723
Short-Term Debt	16,282	15,681	15,151	2,447	8,377
Current Portion of Long-Term Debt	6.14	7.41	8.25	12,773	2,039
Current Income Taxes Payable	3,243	3,101	1,595	1,410	3,319
Current Unearned Revenue	3,225	4,947	10,682	15,636	25,205
Other Current Liabilities	5,900	5,743	5,124	5,653	6,489
Total Current Liabilities	43,783	43,601	46,582	51,955	61,292
Long-Term Debt	538.55	302.7	675.21	1,012	9,621
Long-Term Deferred Tax Liabilities	919.16	957	1,158	1,282	2,134
Total Liabilities	45,241	44,861	48,416	54,249	73,048
Common Stock	139.63	139.63	139.63	139.63	139.63
Additional Paid-In Capital	-	1,241	1,241	1,241	1,241
Retained Earnings	-	-3,104	-344.62	1,211	5,974
Comprehensive Income & Other	-5,327	-834.59	-569.52	-417.45	545.87
Total Common Equity	-5,187	-2,558	466.92	2,175	7,901
Minority Interest	-413.18	1,121	2,582	3,562	8,358
Shareholders' Equity	-5,600	-1,437	3,048	5,737	16,259
Total Liabilities & Equity	39,641	43,424	51,464	59,986	89,307
Total Debt	16,827	15,991	15,835	16,233	20,037
Net Cash (Debt)	-16,628	-15,655	-15,042	-14,336	-12,503
Net Cash Per Share	-4.68	-4.41	-4.24	-4.04	-3.52
Filing Date Shares Outstanding	3,552	3,552	3,552	3,552	3,552
Total Common Shares Outstanding	3,552	3,552	3,552	3,552	3,552
Working Capital	-7,280	-3,873	272.02	2,736	21,912
Book Value Per Share	-1.46	-0.72	0.13	0.61	2.22
Tangible Book Value	-5,498	-2,878	136.93	1,834	7,548
Tangible Book Value Per Share	-1.55	-0.81	0.04	0.52	2.13
Buildings	-	494.96	524.18	669.57	667.1
Machinery	-	103.17	106.18	112	131.64
Leasehold Improvements	-	85.88	74.59	62.55	63.18

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