Zhongshen Jianye Holding 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	58.62	96.65	147.14	112.12	41.07
Short-Term Investments	4.37	3.97	80.32	108.61	4.4
Trading Asset Securities	5.72	-	-	-	-
Cash & Short-Term Investments	68.72	100.62	227.46	220.73	45.47
Cash Growth	-31.71%	-55.76%	3.05%	385.46%	90.00%
Accounts Receivable	1,196	1,257	1,367	1,235	1,072
Other Receivables	3.46	3.74	-	0.05	4.42
Receivables	1,199	1,261	1,367	1,235	1,077
Inventory	0.19	0.16	0.36	0.3	0.35
Restricted Cash	33.18	24.86	24.74	27.98	14.17
Other Current Assets	258.56	190.87	-	-	55.61
Total Current Assets	1,560	1,577	1,619	1,484	1,192
Property, Plant & Equipment	45.52	48.76	43.61	2.99	1.69
Long-Term Investments	5.63	5	-	-	-
Other Intangible Assets	4.96	7.06	9.15	11.25	13.34
Long-Term Deferred Tax Assets	12.43	10.03	10.33	10.47	10.56
Other Long-Term Assets	-	-	0.31	0.21	-
Total Assets	1,628	1,648	1,683	1,509	1,218
Accounts Payable	906.37	1,086	1,203	1,092	891.79
Accrued Expenses	35.31	15.19	35.47	39.29	-
Current Portion of Long-Term Debt	69.6	33.01	2.99	-	-
Current Portion of Leases	0.16	0.26	1.16	1.25	1.22
Current Income Taxes Payable	0.2	-	8.91	10.83	12.11
Current Unearned Revenue	57.91	11.02	21.99	21.92	14.94
Other Current Liabilities	3	3	10.17	16.15	160.94
Total Current Liabilities	1,073	1,149	1,284	1,181	1,081
Long-Term Debt	-	23.35	26.3	-	-
Long-Term Leases	0.05	0.04	0.08	1.15	0.39
Total Liabilities	1,073	1,172	1,310	1,182	1,081
Common Stock	6.76	4.68	0.01	0.01	-
Retained Earnings	2.65	39.13	54.17	22.35	-2.97
Comprehensive Income & Other	546.43	432.16	318.25	304.7	139.57
Shareholders' Equity	555.83	475.98	372.42	327.06	136.59
Total Liabilities & Equity	1,628	1,648	1,683	1,509	1,218
Total Debt	69.8	56.66	30.52	2.4	1.61
Net Cash (Debt)	-1.08	43.96	196.94	218.33	43.86
Net Cash Growth	-	-77.68%	-9.80%	397.84%	99.24%
Net Cash Per Share	-0.00	0.09	0.51	0.57	43.86
Filing Date Shares Outstanding	741.31	514.8	1	1	1
Total Common Shares Outstanding	741.31	514.8	1	1	1
Working Capital	487.33	428.52	335.39	303.3	111.39
Book Value Per Share	0.75	0.92	372.42	327.06	136.59
Tangible Book Value	550.87	468.92	363.27	315.82	123.25
Tangible Book Value Per Share	0.74	0.91	363.27	315.82	123.25
Land	46.67	46.67	-	-	-
Machinery	4.08	4.53	1.41	0.84	0.31
Construction In Progress	-	-	41.39	-	-
Order Backlog	-	-	-	-	654.84

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