Ronshine China Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	1,369	1,099	1,253	3,392	4,788	11,720
Short-Term Investments	92.98	99.85	130.6	152.7	781	3,853
Trading Asset Securities	29.94	95.43	107.4	285.41	425.87	448.85
Cash & Short-Term Investments	1,492	1,294	1,491	3,831	5,995	16,021
Cash Growth	-18.17%	-13.23%	-61.07%	-36.11%	-62.58%	-41.11%
Accounts Receivable	684.46	664.47	658.55	1,263	1,374	2,038
Other Receivables	9,647	9,642	12,347	17,975	20,658	22,383
Receivables	10,332	10,306	13,006	19,238	22,032	24,421
Inventory	33,254	34,979	47,420	80,168	116,960	146,336
Prepaid Expenses	3,163	3,789	4,113	4,781	4,698	3,864
Restricted Cash	871.03	1,393	2,018	2,673	3,975	6,483
Other Current Assets	10,095	10,532	11,729	14,501	15,096	20,742
Total Current Assets	59,206	62,294	79,778	125,190	168,757	217,868
Property, Plant & Equipment	1,242	1,277	1,355	1,455	1,513	1,626
Long-Term Investments	6,056	6,078	7,208	7,668	5,942	12,545
Other Intangible Assets	1.61	1.61	1.61	1.52	1.77	3.15
Long-Term Deferred Tax Assets	-	-	-	699.05	698.42	679.53
Other Long-Term Assets	11,527	11,527	11,243	12,299	12,320	12,719
Total Assets	78,031	81,177	99,586	147,312	189,232	245,440

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	8,224	7,597	9,064	6,549	7,388	13,475
Accrued Expenses	13,975	12,988	10,086	11,188	9,548	9,573
Short-Term Debt	-	550	550	769.8	1,046	1,018
Current Portion of Long-Term Debt	33,185	32,964	30,001	27,903	18,902	21,949
Current Portion of Leases	-	-	-	10.28	14.19	13.18
Current Income Taxes Payable	5,969	5,972	6,527	7,062	5,460	5,758
Current Unearned Revenue	11,731	11,477	15,894	49,117	81,210	90,299
Other Current Liabilities	11,872	10,942	11,300	8,252	11,118	15,196
Total Current Liabilities	84,955	82,491	83,422	110,851	134,687	157,281
Long-Term Debt	2,769	4,080	7,989	12,376	22,619	34,044
Long-Term Leases	-	-	-	4.23	5.78	20.64
Long-Term Deferred Tax Liabilities	1,351	1,351	1,301	1,292	1,287	1,813
Total Liabilities	89,076	87,922	92,712	124,524	158,598	193,159

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	3,083	3,083	3,083	3,083	3,083	3,083
Retained Earnings	-	-	-	-	-	14,288
Comprehensive Income & Other	-26,360	-24,795	-14,836	-2,834	3,104	933.66
Total Common Equity	-23,277	-21,712	-11,754	248.53	6,187	18,305
Minority Interest	12,233	14,967	18,628	22,539	24,448	33,976
Shareholders' Equity	-11,044	-6,745	6,874	22,788	30,635	52,281
Total Liabilities & Equity	78,031	81,177	99,586	147,312	189,232	245,440

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	35,954	37,594	38,540	41,063	42,586	57,045
Net Cash (Debt)	-34,462	-36,300	-37,049	-37,233	-36,591	-41,023
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-20.47	-21.56	-22.01	-22.12	-21.74	-24.36
Filing Date Shares Outstanding	1,683	1,683	1,683	1,683	1,683	1,683
Total Common Shares Outstanding	1,683	1,683	1,683	1,683	1,683	1,683
Working Capital	-25,750	-20,197	-3,644	14,339	34,070	60,587
Book Value Per Share	-13.83	-12.90	-6.98	0.15	3.68	10.87
Tangible Book Value	-23,279	-21,714	-11,755	247.01	6,185	18,301
Tangible Book Value Per Share	-13.83	-12.90	-6.98	0.15	3.67	10.87
Buildings	-	1,380	1,380	1,380	1,380	1,370
Machinery	-	95.76	100.52	100.78	101.42	103.1
Leasehold Improvements	-	145.14	144.74	144.74	144.99	129.62