Lushang Life Services 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	420.61	426.56	412.66	428.81	275.49
Short-Term Investments	-	-	-	-	2.13
Cash & Short-Term Investments	420.61	426.56	412.66	428.81	277.62
Cash Growth	-1.40%	3.37%	-3.77%	54.46%	68.06%
Accounts Receivable	270.4	384.56	374.68	310.27	212.46
Other Receivables	9.6	1.09	5.15	1.86	2.39
Receivables	280	385.65	379.83	312.13	214.85
Inventory	6.65	7.11	3.42	43.13	42.25
Prepaid Expenses	-	0.11	0.32	0	-
Other Current Assets	2.4	5.87	6.89	9	30.86
Total Current Assets	709.66	825.3	803.11	793.07	565.58
Property, Plant & Equipment	49.22	49.72	52.47	55.38	57.4
Long-Term Investments	36.93	-	-	-	-
Other Intangible Assets	1.01	0.66	1.08	1.46	1.81
Long-Term Deferred Tax Assets	10.25	7.58	6.61	8.73	9.62
Long-Term Deferred Charges	5.45	6.08	2.9	0.6	-
Other Long-Term Assets	37.93	39.77	39.5	-	-
Total Assets	850.44	929.09	905.68	859.24	634.4
Accounts Payable	86.38	93.59	106.53	93.74	137.53
Accrued Expenses	25.58	26.51	34.33	48.92	55.79
Short-Term Debt	8.01	8.01	-	-	0.6
Current Portion of Long-Term Debt	-	-	0.14	-	-
Current Portion of Leases	-	2.62	0.81	2.4	0.73
Current Income Taxes Payable	-	3.64	1.82	7.93	6.53
Current Unearned Revenue	80.2	80.89	72.14	54.97	60.85
Other Current Liabilities	59.4	145	159.58	145.24	69.49
Total Current Liabilities	259.57	360.26	375.36	353.2	331.51
Long-Term Leases	0.58	-	1.74	2.69	2.44
Long-Term Deferred Tax Liabilities	0.03	-	-	-	-
Total Liabilities	260.19	360.26	377.1	355.89	333.95
Common Stock	133.34	133.34	133.34	133.34	100
Additional Paid-In Capital	-	213.92	218.8	208.8	-
Retained Earnings	237.13	200.62	159.49	152.56	75.7
Comprehensive Income & Other	215.56	16.96	13	5.53	123.18
Total Common Equity	586.03	564.85	524.63	500.23	298.88
Minority Interest	4.23	3.98	3.95	3.12	1.57
Shareholders' Equity	590.26	568.83	528.58	503.35	300.44
Total Liabilities & Equity	850.44	929.09	905.68	859.24	634.4
Total Debt	8.59	10.63	2.69	5.1	3.77
Net Cash (Debt)	412.02	415.93	409.96	423.72	273.85
Net Cash Growth	-0.94%	1.45%	-3.25%	54.73%	-
Net Cash Per Share	3.03	3.14	3.09	3.64	2.74
Filing Date Shares Outstanding	137.97	133.34	133.34	133.34	133.34
Total Common Shares Outstanding	137.97	133.34	133.34	133.34	100
Working Capital	450.09	465.03	427.76	439.87	234.06
Book Value Per Share	4.25	4.24	3.93	3.75	2.99
Tangible Book Value	585.02	564.19	523.55	498.77	297.07
Tangible Book Value Per Share	4.24	4.23	3.93	3.74	2.97
Buildings	-	41.79	41.79	41.79	-
Machinery	-	33.16	30.03	27.23	69.59

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