Zibuyu Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	446.83	277.48	294.54	80.86
Short-Term Investments	0.89	1.4	1.71	0.8
Cash & Short-Term Investments	447.72	278.88	296.24	81.66
Cash Growth	60.54%	-5.86%	262.78%	-
Accounts Receivable	200.49	144.5	187.53	178.58
Other Receivables	1.8	6.89	1.23	1.55
Receivables	202.29	151.39	188.76	180.13
Inventory	374.49	399.45	754.67	664.32
Restricted Cash	1.33	2.42	8.37	1.26
Other Current Assets	10.82	6.94	5.46	27.44
Total Current Assets	1,037	839.07	1,254	954.81
Property, Plant & Equipment	33.15	43.81	84.9	49.33
Long-Term Investments	5.03	4.96	-	-
Other Intangible Assets	1.14	2.28	2.79	0.7
Long-Term Deferred Tax Assets	-	-	14.5	11.45
Other Long-Term Assets	3.62	3.29	5.02	3.39
Total Assets	1,080	893.41	1,361	1,020
Accounts Payable	116.64	85.96	150.9	117.75
Accrued Expenses	121.61	61.16	74.15	65.47
Short-Term Debt	-	-	-	106.09
Current Portion of Long-Term Debt	130	161.99	167.8	209.94
Current Portion of Leases	15.98	21.01	28.14	14.51
Current Income Taxes Payable	0.28	2.15	25.21	28.87
Current Unearned Revenue	4.76	7.8	9.93	29.65
Other Current Liabilities	79.88	59.22	73.61	48.78
Total Current Liabilities	469.14	399.29	529.73	621.06
Long-Term Debt	-	-	-	0.3
Long-Term Leases	8.06	10.38	43.66	25.34
Long-Term Deferred Tax Liabilities	2.12	-	-	-
Total Liabilities	479.32	409.67	573.39	646.7
Common Stock	0.17	0.17	0.17	0.14
Additional Paid-In Capital	1,582	1,582	1,603	1,300
Retained Earnings	374.91	224.13	489.92	379.23
Comprehensive Income & Other	-1,356	-1,322	-1,306	-1,306
Shareholders' Equity	600.27	483.74	787.32	372.98
Total Liabilities & Equity	1,080	893.41	1,361	1,020
Total Debt	154.04	193.38	239.6	356.17
Net Cash (Debt)	293.68	85.5	56.65	-274.51
Net Cash Growth	243.48%	50.93%	-	-
Net Cash Per Share	0.60	0.17	0.12	-0.60
Filing Date Shares Outstanding	500	500	500	515.9
Total Common Shares Outstanding	500	500	500	515.9
Working Capital	567.51	439.78	723.78	333.75
Book Value Per Share	1.20	0.97	1.57	0.72
Tangible Book Value	599.14	481.46	784.53	372.28
Tangible Book Value Per Share	1.20	0.96	1.57	0.72
Machinery	13.55	14.79	18.32	14.33
Leasehold Improvements	6.14	5.44	6.08	1.77

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