Jiangxi Rimag Group 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	623.97	262.39	188.84	340.19	490.01
Short-Term Investments	6.03	26.3	26.96	15.43	19.66
Cash & Short-Term Investments	630.01	288.69	215.79	355.62	509.67
Cash Growth	118.23%	33.78%	-39.32%	-30.23%	-
Accounts Receivable	564.43	475.81	332.03	275.59	189.12
Other Receivables	12.64	2.12	3.35	0.38	0.4
Receivables	594.8	485.38	335.37	279.57	189.52
Inventory	37.28	53.76	10.55	60.46	68.62
Prepaid Expenses	44.33	19.3	16.83	15.79	37.92
Restricted Cash	4.04	2.07	0	0	-
Other Current Assets	39.94	47.78	41.93	21.8	42.02
Total Current Assets	1,350	896.98	620.48	733.24	847.75
Property, Plant & Equipment	824.72	939.15	901.03	889.39	1,002
Long-Term Investments	209.4	107.83	89.4	76.59	27.03
Goodwill	40.91	19.23	19.23	11.94	11.94
Other Intangible Assets	104.95	26.96	26.98	20.04	19.05
Long-Term Accounts Receivable	21.49	32.28	58.34	29.69	37.6
Long-Term Deferred Tax Assets	46.82	32.51	24.21	7.2	4.68
Other Long-Term Assets	259.99	208.85	135.54	221.33	105.28
Total Assets	2,859	2,264	1,879	1,989	2,056
Accounts Payable	66.52	26.49	23.48	19.26	27.03
Accrued Expenses	44.68	45.85	32.58	44.05	44.34
Short-Term Debt	61.3	27.9	24.5	49.95	51.27
Current Portion of Long-Term Debt	173.91	134.6	101.24	143.14	128.3
Current Portion of Leases	33.23	43.54	39.73	22.05	17.65
Current Income Taxes Payable	63.05	50.99	42.66	29.95	24.38
Current Unearned Revenue	12.13	39.73	8.96	69.16	59.59
Other Current Liabilities	29.48	31.9	43.03	19.54	15.08
Total Current Liabilities	484.31	400.99	316.18	397.1	367.62
Long-Term Debt	288.66	272.22	84.97	165.15	208.05
Long-Term Leases	58.94	101.86	136.28	108.79	169.51
Long-Term Deferred Tax Liabilities	21.77	4.37	4.41	2.15	2.38
Other Long-Term Liabilities	0.02	0.32	1.7	-	4.93
Total Liabilities	853.7	779.76	543.54	673.18	752.48
Common Stock	401.06	356.31	338.5	338.5	338.5
Additional Paid-In Capital	1,980	1,346	1,136	1,136	1,136
Retained Earnings	-486.81	-490.56	-447.84	-492.26	-492.62
Treasury Stock	-163.11	-14.04	-	-	-
Comprehensive Income & Other	260.95	258.34	265.96	290.41	287.26
Total Common Equity	1,992	1,456	1,293	1,273	1,269
Minority Interest	13.3	28.38	42.49	43.57	34.1
Shareholders' Equity	2,005	1,484	1,335	1,316	1,303
Total Liabilities & Equity	2,859	2,264	1,879	1,989	2,056
Total Debt	616.05	580.11	386.72	489.07	574.76
Net Cash (Debt)	13.96	-291.42	-170.93	-133.45	-65.09
Net Cash Per Share	0.04	-0.84	-0.50	-0.39	-0.21
Filing Date Shares Outstanding	396.61	355.98	338.5	338.5	307.76
Total Common Shares Outstanding	396.61	355.98	338.5	338.5	307.76
Working Capital	866.08	495.99	304.3	336.14	480.13
Book Value Per Share	5.02	4.09	3.82	3.76	4.12
Tangible Book Value	1,846	1,409	1,246	1,241	1,238
Tangible Book Value Per Share	4.65	3.96	3.68	3.67	4.02
Machinery	1,183	1,031	983.85	856.35	762.71
Construction In Progress	123.52	235.71	96.92	153.44	183.54
Leasehold Improvements	301.32	265.82	246.74	208.3	205.65

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.