Jia Yao Holdings 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	105.87	275.14	311.16	266.58	65.84
Short-Term Investments	29.51	56.42	76.42	32.12	9.76
Trading Asset Securities	10	1.2	-	-	-
Cash & Short-Term Investments	145.38	332.76	387.58	298.7	75.6
Cash Growth	-56.31%	-14.14%	29.76%	295.10%	-5.38%
Accounts Receivable	209.95	196.46	363.6	168.4	104.35
Other Receivables	11.46	18.86	41.1	3.63	4.09
Receivables	221.41	215.32	404.69	172.03	108.44
Inventory	113	84.42	239.04	194.77	222.99
Restricted Cash	20.95	13.43	143.07	194.34	148.88
Other Current Assets	79.04	85.97	43.35	10.08	4.15
Total Current Assets	579.79	731.89	1,218	869.91	560.06
Property, Plant & Equipment	121.24	122.84	235.23	189.79	165.97
Goodwill	0.1	0.1	0.1	-	-
Other Intangible Assets	2.87	3.36	3.84	4.37	4.85
Long-Term Deferred Tax Assets	7.29	2.22	2.48	0.57	4.15
Other Long-Term Assets	2.31	6.03	5.86	8.15	20.96
Total Assets	713.6	866.44	1,465	1,073	755.98
Accounts Payable	158.1	143.73	642.09	538.67	412.47
Accrued Expenses	23.78	23.48	42.68	20.37	11.14
Short-Term Debt	55.88	62.75	61.5	65	101.08
Current Portion of Leases	26.32	21.74	11.1	4.94	1.33
Current Income Taxes Payable	14.09	12.13	23.07	4.77	1.9
Current Unearned Revenue	41.46	15.66	97.26	15.46	8.53
Other Current Liabilities	19.23	44.72	25.66	14.15	10.88
Total Current Liabilities	338.85	324.22	903.36	663.35	547.32
Long-Term Leases	44.62	48.71	20.18	6.06	1.11
Long-Term Unearned Revenue	-	-	-	19.58	-
Long-Term Deferred Tax Liabilities	0.72	1.21	1.68	1.38	1.21
Total Liabilities	384.19	374.14	925.22	690.38	549.64
Common Stock	5.12	5.12	5.12	5.12	2.38
Additional Paid-In Capital	-	152.68	152.68	183.32	25.2
Retained Earnings	184.52	195.52	144.91	45.63	40.13
Comprehensive Income & Other	92.71	97.1	100.24	93.71	92.7
Total Common Equity	282.35	450.43	402.96	327.77	160.41
Minority Interest	47.06	41.87	137.07	54.64	45.93
Shareholders' Equity	329.41	492.3	540.02	382.41	206.34
Total Liabilities & Equity	713.6	866.44	1,465	1,073	755.98
Total Debt	126.81	133.2	92.78	76	103.52
Net Cash (Debt)	18.57	199.56	294.8	222.7	-27.92
Net Cash Growth	-90.70%	-32.31%	32.38%	-	-
Net Cash Per Share	0.03	0.33	0.49	0.54	-0.09
Filing Date Shares Outstanding	600	600	600	600	300
Total Common Shares Outstanding	600	600	600	600	300
Working Capital	240.94	407.67	314.37	206.56	12.74
Book Value Per Share	0.47	0.75	0.67	0.55	0.53
Tangible Book Value	279.38	446.97	399.02	323.41	155.56
Tangible Book Value Per Share	0.47	0.74	0.67	0.54	0.52
Buildings	52.08	45.59	50.55	39.64	22.25
Machinery	323.21	315.36	320.46	289.73	269.15
Construction In Progress	-	-	1.42	-	7