Jiu Rong Holdings Limited (HKG:2358)

Jiu Rong Holdings Balance Sheet

Financials in millions HKD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.97	3.98	4.25	95.97	135.17
Trading Asset Securities	8.6	22.68	17.1	97.12	137.7
Cash & Short-Term Investments	11.57	26.66	21.35	193.09	272.87
Cash Growth	-56.61%	24.88%	-88.94%	-29.24%	-26.84%
Accounts Receivable	318.07	351.2	394.45	606.42	731.62
Other Receivables	235.35	0.53	64.14	45.06	16.8
Receivables	591.6	351.74	519.66	651.47	748.42
Inventory	91.57	92.4	103.71	103.64	123.54
Prepaid Expenses	8.81	318.74	1.24	199.29	143.97
Other Current Assets	93.48	39.48	207.93	57.31	3.6
Total Current Assets	797.03	829.02	853.88	1,205	1,292
Property, Plant & Equipment	315.66	322.26	413.92	564.46	617.55
Long-Term Investments	152.39	226.59	231.3	327.71	221.55
Long-Term Deferred Tax Assets	0.12	0.12	0.12	0.12	0.12
Other Long-Term Assets	611.06	712.3	736.43	784	848.94
Total Assets	1,876	2,090	2,236	2,956	2,981
Accounts Payable	652.22	720.26	1,222	1,400	1,221
Accrued Expenses	42.58	-	10.87	10.62	7
Current Portion of Long-Term Debt	627.2	685.33	329.42	337.27	345.09
Current Portion of Leases	4.1	3.47	3.89	2.53	1.91
Current Income Taxes Payable	-	-	0.41	5.13	10.83
Current Unearned Revenue	74.44	61.02	59.93	65.71	204.73
Other Current Liabilities	420.8	294.16	51.71	44.04	48.59
Total Current Liabilities	1,821	1,764	1,678	1,866	1,839
Long-Term Debt	200.53	184.41	345.86	468.57	383.66
Long-Term Leases	9.42	9.51	10.84	11.42	4.06
Long-Term Unearned Revenue	13.59	21.18	35.98	46.88	61.4
Long-Term Deferred Tax Liabilities	67.8	81.35	82.11	88.17	92.32
Total Liabilities	2,113	2,061	2,153	2,481	2,381
Common Stock	547.2	547.2	547.2	547.2	547.2
Additional Paid-In Capital	184.96	184.96	184.96	184.96	184.96
Retained Earnings	-952.79	-692.08	-646.53	-263.24	-173.09
Comprehensive Income & Other	-15.79	-10.47	-2.69	6.63	40.86
Shareholders' Equity	-236.42	29.6	82.94	475.55	599.93
Total Liabilities & Equity	1,876	2,090	2,236	2,956	2,981
Total Debt	841.25	882.72	690.01	819.79	734.73
Net Cash (Debt)	-829.68	-856.06	-668.66	-626.69	-461.86
Net Cash Per Share	-0.15	-0.16	-0.12	-0.11	-0.08
Filing Date Shares Outstanding	5,472	5,472	5,472	5,472	5,472
Total Common Shares Outstanding	5,472	5,472	5,472	5,472	5,472
Working Capital	-1,024	-935.22	-824.04	-660.83	-546.78
Book Value Per Share	-0.04	0.01	0.02	0.09	0.11
Tangible Book Value	-236.42	29.6	82.94	475.55	599.93
Tangible Book Value Per Share	-0.04	0.01	0.02	0.09	0.11
Machinery	658.93	-	729.12	741.84	743.43
Construction In Progress	32.97	-	27.77	23.49	39.77

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