Baoye Group Company 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	6,469	8,009	9,432	7,749	7,814
Short-Term Investments	1,973	832.38	329.3	377.94	318.45
Trading Asset Securities	308	64.67	6	54	481.6
Cash & Short-Term Investments	8,750	8,907	9,768	8,181	8,614
Cash Growth	-1.76%	-8.82%	19.40%	-5.03%	3.82%
Accounts Receivable	9,136	10,761	11,544	11,685	12,204
Other Receivables	531.41	586.96	636.36	250.31	271.84
Receivables	9,789	11,644	12,384	12,314	12,829
Inventory	11,666	13,702	16,329	18,613	17,451
Other Current Assets	5,097	3,579	2,533	3,167	3,496
Total Current Assets	35,302	37,831	41,013	42,275	42,390
Property, Plant & Equipment	3,664	3,740	3,776	3,905	3,685
Long-Term Investments	1,146	1,249	1,223	748.48	752.35
Goodwill	-	16.53	16.53	16.53	16.53
Other Intangible Assets	221.92	363.65	371.61	371.61	371.61
Long-Term Deferred Tax Assets	473.65	429.81	444.81	346.82	303.79
Other Long-Term Assets	1,123	1,174	1,132	758.55	763.93
Total Assets	42,228	45,203	48,514	48,820	48,916
Accounts Payable	9,943	11,173	10,762	9,733	8,931
Accrued Expenses	67.07	201.48	559.7	632.54	797.77
Short-Term Debt	535.9	3,369	2,454	2,433	2,978
Current Portion of Long-Term Debt	3,502	484.15	575.06	501.85	1,183
Current Portion of Leases	2.15	2	2.76	2.75	1.6
Current Income Taxes Payable	466.07	500.84	732.46	318.34	265.83
Current Unearned Revenue	8,296	10,395	13,142	16,613	16,768
Other Current Liabilities	4,994	4,824	5,955	5,916	5,457
Total Current Liabilities	27,807	30,950	34,182	36,150	36,381
Long-Term Debt	548.8	429.43	1,001	586.54	963.23
Long-Term Leases	7.06	9.32	11.21	13.98	15.55
Long-Term Deferred Tax Liabilities	226.89	266.36	315.35	215.63	206.66
Total Liabilities	28,590	31,655	35,510	36,966	37,566
Common Stock	889.72	520.63	520.76	539.65	560.63
Additional Paid-In Capital	-	369.09	369.47	419.69	475.47
Retained Earnings	11,604	11,745	11,335	10,446	9,741
Treasury Stock	-	-	-	-69.1	-0.23
Comprehensive Income & Other	626.89	355.07	357.99	67.11	89.57
Total Common Equity	13,121	12,990	12,583	11,403	10,866
Minority Interest	517.15	558.02	420.9	451.71	482.96
Shareholders' Equity	13,638	13,548	13,004	11,855	11,349
Total Liabilities & Equity	42,228	45,203	48,514	48,820	48,916
Total Debt	4,596	4,294	4,045	3,538	5,141
Net Cash (Debt)	4,154	4,612	5,723	4,643	3,473
Net Cash Growth	-9.93%	-19.41%	23.27%	33.67%	46.55%
Net Cash Per Share	7.98	8.86	10.88	8.56	6.18
Filing Date Shares Outstanding	520.66	520.63	520.76	520.76	560.63
Total Common Shares Outstanding	520.66	520.63	520.76	520.76	560.63
Working Capital	7,495	6,881	6,831	6,125	6,009
Book Value Per Share	25.20	24.95	24.16	21.90	19.38
Tangible Book Value	12,899	12,609	12,195	11,015	10,478
Tangible Book Value Per Share	24.77	24.22	23.42	21.15	18.69
Buildings	-	3,306	3,213	3,174	2,713
Machinery	-	1,376	1,387	1,378	1,265
Construction In Progress	-	514.26	463.32	417.31	565.57

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