CaoCao Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	2,198	159.5	583	380
Cash & Short-Term Investments	2,198	159.5	583	380
Cash Growth	478.52%	-72.64%	53.42%	-
Accounts Receivable	278.12	277.51	269.53	183.31
Other Receivables	467.72	403.97	332.9	237.02
Receivables	749.49	685.12	606.08	423.98
Inventory	201.08	223.08	167.26	3.24
Prepaid Expenses	236.84	250.95	269.88	325.18
Restricted Cash	136.3	68.25	105.58	226.91
Other Current Assets	172.99	148.22	151.56	137.78
Total Current Assets	3,695	1,535	1,883	1,497
Property, Plant & Equipment	2,185	2,341	2,958	2,934
Other Intangible Assets	51.44	52.08	2.63	2.23
Long-Term Deferred Tax Assets	73.28	41.82	81.59	122.67
Long-Term Deferred Charges	35.52	45.28	57.14	28.57
Other Long-Term Assets	46.51	62.74	90.31	82.55
Total Assets	6,159	4,078	5,073	4,667
Accounts Payable	324.92	279.77	435.13	966.16
Accrued Expenses	694.93	617.3	421.3	325.72
Short-Term Debt	3,504	2,798	2,074	1,288
Current Portion of Long-Term Debt	2,674	2,878	3,103	2,184
Current Portion of Leases	60.62	56.53	72.97	84.89
Current Income Taxes Payable	-	0.15	-	-
Current Unearned Revenue	626.65	454.04	399.89	370.44
Other Current Liabilities	664.37	2,597	622.43	682.84
Total Current Liabilities	8,549	9,682	7,129	5,902
Long-Term Debt	1,511	1,542	2,353	2,107
Long-Term Leases	57.15	59.99	81.67	141.48
Long-Term Deferred Tax Liabilities	-	-	-	0.22
Other Long-Term Liabilities	-	-	1,883	1,814
Total Liabilities	10,118	11,283	11,446	9,965
Common Stock	0.04	0.03	-	-
Retained Earnings	-13,876	-13,381	-12,130	-10,214
Comprehensive Income & Other	10,110	6,411	6,007	5,086
Total Common Equity	-3,766	-6,970	-6,124	-5,128
Minority Interest	-192.49	-235.55	-249.94	-170.34
Shareholders' Equity	-3,958	-7,206	-6,374	-5,298
Total Liabilities & Equity	6,159	4,078	5,073	4,667
Total Debt	7,807	7,335	7,685	5,806
Net Cash (Debt)	-5,608	-7,175	-7,102	-5,426
Net Cash Per Share	-12.37	-15.87	-15.71	-12.00
Filing Date Shares Outstanding	454.68	419.35	452.13	452.13
Total Common Shares Outstanding	454.68	419.35	452.13	452.13
Working Capital	-4,854	-8,146	-5,245	-4,405
Book Value Per Share	-8.28	-16.62	-13.54	-11.34
Tangible Book Value	-3,817	-7,022	-6,126	-5,130
Tangible Book Value Per Share	-8.40	-16.75	-13.55	-11.35
Machinery	-	3,931	4,338	4,109
Construction In Progress	-	43.15	303.83	587.4
Leasehold Improvements	-	34.17	32.93	37.83

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