Jia Yao 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	94.03	275.14	311.16	266.58	65.84	70.18
Short-Term Investments	20.53	56.42	76.42	32.12	9.76	9.72
Trading Asset Securities	-	1.2	-	-	-	-
Cash & Short-Term Investments	114.56	332.76	387.58	298.7	75.6	79.9
Cash Growth	-68.25%	-14.14%	29.76%	295.10%	-5.38%	5.27%
Accounts Receivable	170.8	196.46	363.6	168.4	104.35	101.98
Other Receivables	15.31	18.86	41.1	3.63	4.09	0.13
Receivables	186.1	215.32	404.69	172.03	108.44	102.11
Inventory	91.39	84.42	239.04	194.77	222.99	147.08
Restricted Cash	4.78	13.43	143.07	194.34	148.88	94
Other Current Assets	73.16	85.97	43.35	10.08	4.15	2.15
Total Current Assets	470	731.89	1,218	869.91	560.06	425.23
Property, Plant & Equipment	119.88	122.84	235.23	189.79	165.97	158.51
Goodwill	0.1	0.1	0.1	-	-	-
Other Intangible Assets	3.11	3.36	3.84	4.37	4.85	-
Long-Term Deferred Tax Assets	7.12	2.22	2.48	0.57	4.15	4.81
Other Long-Term Assets	5.25	6.03	5.86	8.15	20.96	9.33
Total Assets	605.46	866.44	1,465	1,073	755.98	597.88
Accounts Payable	89.5	143.73	642.09	538.67	412.47	237.26
Accrued Expenses	26.43	23.48	42.68	20.37	11.14	9.98
Short-Term Debt	59.9	62.75	61.5	65	101.08	110
Current Portion of Leases	22.73	21.74	11.1	4.94	1.33	0.71
Current Income Taxes Payable	13.66	12.13	23.07	4.77	1.9	1.94
Current Unearned Revenue	27.65	15.66	97.26	15.46	8.53	-
Other Current Liabilities	6.48	44.72	25.66	14.15	10.88	8.47
Total Current Liabilities	246.35	324.22	903.36	663.35	547.32	368.35
Long-Term Leases	48.19	48.71	20.18	6.06	1.11	0.11
Long-Term Unearned Revenue	-	-	-	19.58	-	-
Long-Term Deferred Tax Liabilities	5.55	1.21	1.68	1.38	1.21	-
Total Liabilities	300.08	374.14	925.22	690.38	549.64	368.46
Common Stock	5.12	5.12	5.12	5.12	2.38	2.38
Additional Paid-In Capital	-	152.68	152.68	183.32	25.2	25.2
Retained Earnings	148.93	195.52	144.91	45.63	40.13	66.35
Comprehensive Income & Other	111.97	97.1	100.24	93.71	92.7	92.21
Total Common Equity	266.02	450.43	402.96	327.77	160.41	186.15
Minority Interest	39.36	41.87	137.07	54.64	45.93	43.28
Shareholders' Equity	305.38	492.3	540.02	382.41	206.34	229.42
Total Liabilities & Equity	605.46	866.44	1,465	1,073	755.98	597.88
Total Debt	130.82	133.2	92.78	76	103.52	110.82
Net Cash (Debt)	-16.26	199.56	294.8	222.7	-27.92	-30.92
Net Cash Growth	-	-32.31%	32.38%	-	-	-
Net Cash Per Share	-0.03	0.33	0.49	0.54	-0.09	-0.10
Filing Date Shares Outstanding	600	600	600	600	300	300
Total Common Shares Outstanding	600	600	600	600	300	300
Working Capital	223.65	407.67	314.37	206.56	12.74	56.88
Book Value Per Share	0.44	0.75	0.67	0.55	0.53	0.62
Tangible Book Value	262.81	446.97	399.02	323.41	155.56	186.15
Tangible Book Value Per Share	0.44	0.74	0.67	0.54	0.52	0.62
Buildings	-	45.59	50.55	39.64	22.25	16.54
Machinery	-	315.36	320.46	289.73	269.15	261.76
Construction In Progress	-	-	1.42	-	7	5.04

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