VCREDIT 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	1,396	1,693	896.53	1,592	1,908
Long-Term Investments	16.77	21.59	13.38	20.89	-
Trading Asset Securities	79.81	54.38	148.7	243.53	133.8
Loans & Lease Receivables	4,166	6,247	6,522	5,230	7,322
Other Receivables	261.97	631.18	899.06	654.6	398.38
Property, Plant & Equipment	123.46	137.58	103.56	70.65	59.65
Other Intangible Assets	39.8	38.74	36.29	38.44	40.59
Restricted Cash	697.16	634.58	652.24	514.94	55.11
Other Current Assets	1,506	1,603	2,133	1,395	947.81
Long-Term Deferred Tax Assets	906.69	637.43	522.22	342.46	381.04
Other Long-Term Assets	135.34	7.69	7.69	-	30.6
Total Assets	9,328	11,706	11,934	10,103	11,277
Accrued Expenses	217.3	219.69	142.23	206.53	126.03
Current Portion of Long-Term Debt	2,774	4,570	2,340	2,035	3,265
Long-Term Debt	297.22	749.92	3,256	2,497	3,747
Long-Term Leases	35.53	42.45	59.26	27.79	25.29
Long-Term Unearned Revenue	18.79	54.81	35.68	25.71	8.04
Current Income Taxes Payable	133.32	238.97	285.65	199.75	59.69
Other Current Liabilities	1,523	893.01	1,530	1,141	472.01
Long-Term Deferred Tax Liabilities	5.47	15	7.5	-	92.98
Pension & Post-Retirement Benefits	54	94.71	69.65	59.29	59.76
Other Long-Term Liabilities	316.88	221.16	40.76	85.76	27.67
Total Liabilities	5,376	7,099	7,766	6,278	7,883
Common Stock	40.07	40.07	40.07	40.07	40.15
Additional Paid-In Capital	5,080	5,198	5,243	5,355	5,462
Retained Earnings	-1,941	-1,382	-1,860	-2,314	-2,846
Comprehensive Income & Other	784.15	752.2	749.54	757.25	763.81
Total Common Equity	3,948	4,606	4,168	3,823	3,391
Minority Interest	4.25	1.41	0.7	3.04	3.04
Shareholders' Equity	3,952	4,607	4,169	3,826	3,394
Total Liabilities & Equity	9,328	11,706	11,934	10,103	11,277
Total Debt	3,107	5,362	5,655	4,560	7,037
Net Cash (Debt)	-1,631	-3,614	-4,610	-2,724	-4,995
Net Cash Per Share	-3.34	-7.38	-9.41	-5.56	-10.15
Filing Date Shares Outstanding	485.5	488.78	488.45	487.08	486.29
Total Common Shares Outstanding	485.5	488.78	488.45	487.08	486.29
Working Capital	3,458	4,942	6,954	6,049	6,842
Book Value Per Share	8.13	9.42	8.53	7.85	6.97
Tangible Book Value	3,908	4,567	4,132	3,784	3,350
Tangible Book Value Per Share	8.05	9.34	8.46	7.77	6.89

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