Binjiang Service 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	890.52	890.66	1,455	1,950	905.75
Short-Term Investments	2,015	1,078	335.83	173.33	263.56
Trading Asset Securities	432.77	301.62	-	-	24.04
Cash & Short-Term Investments	3,338	2,270	1,791	2,123	1,193
Cash Growth	47.01%	26.76%	-15.64%	77.92%	0.47%
Accounts Receivable	760.36	343.94	393.21	273.03	143.16
Other Receivables	-	47.15	60.44	21.54	3.34
Receivables	760.36	391.09	453.65	294.57	146.5
Inventory	333.04	290.05	244.75	147.5	79.03
Restricted Cash	263.34	68.33	57.94	58.01	57.02
Other Current Assets	-	62	57.63	16.77	6.35
Total Current Assets	4,695	3,082	2,605	2,640	1,482
Property, Plant & Equipment	51.69	43.41	43.42	26.49	19.03
Long-Term Investments	104.42	1,091	1,366	292.91	159.86
Other Intangible Assets	4.44	3.21	4.15	-	-
Long-Term Deferred Tax Assets	52.79	35.78	33.93	25.68	18.95
Other Long-Term Assets	1.22	3.54	1.9	8.85	4.55
Total Assets	4,909	4,259	4,055	2,994	1,685
Accounts Payable	1,285	275.05	194.74	130.4	59.17
Accrued Expenses	-	341.54	344.37	256.21	180.66
Current Portion of Leases	1.25	1.56	2.37	0.45	1.59
Current Income Taxes Payable	85.87	86.63	86.34	100.56	69.88
Current Unearned Revenue	1,769	1,555	1,556	907.34	143.63
Other Current Liabilities	-	392.4	308.05	285.84	256.04
Total Current Liabilities	3,141	2,653	2,492	1,681	710.96
Long-Term Leases	1.13	1.08	1.66	-	0.12
Long-Term Deferred Tax Liabilities	21.7	13.1	20	26.88	-
Total Liabilities	3,164	2,667	2,513	1,708	711.08
Common Stock	0.18	0.18	0.18	0.18	0.18
Additional Paid-In Capital	-	82.85	82.85	82.85	193.91
Retained Earnings	-	1,512	1,470	1,229	816.6
Comprehensive Income & Other	1,672	-66.01	-64.82	-65.37	-69.1
Total Common Equity	1,672	1,529	1,488	1,246	941.59
Minority Interest	73.06	62.91	53.14	40.05	31.97
Shareholders' Equity	1,745	1,592	1,542	1,286	973.56
Total Liabilities & Equity	4,909	4,259	4,055	2,994	1,685
Total Debt	2.38	2.65	4.02	0.45	1.71
Net Cash (Debt)	3,335	2,268	1,787	2,123	1,192
Net Cash Growth	47.08%	26.89%	-15.81%	78.14%	0.54%
Net Cash Per Share	12.04	8.20	6.47	7.68	4.31
Filing Date Shares Outstanding	277.55	276.41	276.41	276.41	276.41
Total Common Shares Outstanding	277.55	276.41	276.41	276.41	276.41
Working Capital	1,554	429.41	113.53	959.27	771.29
Book Value Per Share	6.03	5.53	5.38	4.51	3.41
Tangible Book Value	1,668	1,526	1,484	1,246	941.59
Tangible Book Value Per Share	6.01	5.52	5.37	4.51	3.41
Machinery	-	70.71	66.34	42.53	29.43

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