QingSong Health 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	343.01	362.58	293.22	295.61
Short-Term Investments	614.06	-	28.42	-
Cash & Short-Term Investments	957.07	362.58	321.64	295.61
Cash Growth	163.96%	12.73%	8.80%	-
Accounts Receivable	117	143.9	172.18	104.83
Other Receivables	-	13.2	13.3	9.93
Receivables	117	157.11	185.48	114.75
Prepaid Expenses	27.76	-	-	-
Other Current Assets	58.75	62.04	93.91	175.21
Total Current Assets	1,161	581.72	601.03	585.57
Property, Plant & Equipment	5.67	1.88	5.86	9.07
Long-Term Investments	5.91	84.41	81.89	-
Other Intangible Assets	19.78	19.87	17.65	17.7
Long-Term Deferred Tax Assets	-	1.35	-	-
Total Assets	1,192	689.23	706.43	612.34
Accounts Payable	32.91	48.79	57.08	21.55
Accrued Expenses	120.81	81.31	113.38	101.18
Short-Term Debt	-	1,754	1,683	1,601
Current Portion of Leases	3.38	0.04	4.41	4.03
Current Income Taxes Payable	1.39	3.12	1.21	0.46
Current Unearned Revenue	16.75	7.03	22.76	64.98
Other Current Liabilities	7.28	4.77	11.13	51.48
Total Current Liabilities	182.5	1,899	1,893	1,845
Long-Term Leases	-	0.02	0.09	3.86
Long-Term Deferred Tax Liabilities	7.23	9.12	10.83	4.47
Total Liabilities	189.73	1,908	1,904	1,853
Common Stock	0.14	0.05	0.05	0.05
Retained Earnings	-	-1,128	-1,112	-1,185
Comprehensive Income & Other	1,002	-91.09	-86.28	-55.48
Total Common Equity	1,002	-1,219	-1,198	-1,241
Minority Interest	-	-	0.13	0.15
Shareholders' Equity	1,002	-1,219	-1,198	-1,241
Total Liabilities & Equity	1,192	689.23	706.43	612.34
Total Debt	3.38	1,754	1,688	1,609
Net Cash (Debt)	953.7	-1,391	-1,366	-1,313
Net Cash Per Share	11.51	-13.78	-6.75	-16.40
Filing Date Shares Outstanding	206.37	80.07	80.07	80.07
Total Common Shares Outstanding	206.37	80.07	80.07	80.07
Working Capital	978.09	-1,317	-1,292	-1,259
Book Value Per Share	4.86	-15.22	-14.96	-15.50
Tangible Book Value	982.45	-1,238	-1,216	-1,259
Tangible Book Value Per Share	4.76	-15.47	-15.18	-15.72

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