360 Ludashi Holdings 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	429.26	442.34	503.85	532.9	384.98
Short-Term Investments	-	-	30	-	-
Trading Asset Securities	50	43	50	20	80.35
Cash & Short-Term Investments	479.26	485.34	583.85	552.9	465.33
Cash Growth	-1.25%	-16.87%	5.60%	18.82%	26.03%
Accounts Receivable	164.63	165.05	83.83	40.94	51.4
Other Receivables	20.9	22.96	15.54	6.06	14.03
Receivables	185.53	188.01	99.37	47	65.43
Inventory	0.07	0.15	0.13	0.17	0.48
Other Current Assets	45.18	50.9	20.78	14.47	29.91
Total Current Assets	710.05	724.4	704.14	614.54	561.15
Property, Plant & Equipment	3.91	8	8.31	8.11	9.19
Long-Term Investments	24.87	24.13	17.6	5.63	10.54
Goodwill	0.99	0.99	0.99	-	-
Other Intangible Assets	1.82	2.21	2.61	3	3.4
Long-Term Deferred Tax Assets	8.28	9.9	14.97	13.31	8.42
Other Long-Term Assets	4.96	14.87	14.87	16.62	-
Total Assets	754.87	784.5	763.49	661.21	592.69
Accounts Payable	35.63	53.54	68.78	16.41	13.92
Accrued Expenses	16.48	22.88	21.97	20.38	14.94
Current Portion of Leases	1.67	2.57	1.69	2.14	1.93
Current Income Taxes Payable	3.19	0.26	3.9	6.47	3.89
Current Unearned Revenue	17.42	16.34	11.59	0.21	0.55
Other Current Liabilities	4.98	9.81	9.2	13.58	11.25
Total Current Liabilities	79.36	105.39	117.11	59.19	46.48
Long-Term Leases	0.07	2.35	2.89	0.88	1.25
Total Liabilities	79.43	107.74	120	60.07	47.73
Common Stock	2.43	2.43	2.43	2.43	2.43
Additional Paid-In Capital	-	159.48	159.48	159.48	159.48
Retained Earnings	-	514.21	479.31	436.67	378.05
Comprehensive Income & Other	675.15	-0.01	-0.01	-0.01	-0.01
Total Common Equity	677.57	676.11	641.21	598.57	539.95
Minority Interest	-2.13	0.65	2.27	2.56	5.01
Shareholders' Equity	675.44	676.76	643.48	601.13	544.96
Total Liabilities & Equity	754.87	784.5	763.49	661.21	592.69
Total Debt	1.74	4.92	4.58	3.02	3.18
Net Cash (Debt)	477.52	480.42	579.28	549.88	462.15
Net Cash Growth	-0.60%	-17.07%	5.35%	18.98%	27.37%
Net Cash Per Share	1.78	1.79	2.15	2.04	1.72
Filing Date Shares Outstanding	269	269	269	269	269
Total Common Shares Outstanding	269	269	269	269	269
Working Capital	630.69	619.01	587.02	555.34	514.67
Book Value Per Share	2.52	2.51	2.38	2.23	2.01
Tangible Book Value	674.77	672.91	637.62	595.57	536.55
Tangible Book Value Per Share	2.51	2.50	2.37	2.21	1.99
Machinery	-	8.29	8.16	7.6	6.66
Leasehold Improvements	-	7.86	7.86	7.73	7.4

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