Xinji Shaxi Group 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	1,901	1,977	2,296	2,404	2,645	2,994
Cash & Equivalents	654.54	582.5	513.01	314.48	249.69	182.5
Accounts Receivable	65.75	48.11	54.88	43.88	8.44	7.4
Other Receivables	14.61	14.31	8.37	20.1	96.91	83.54
Investment In Debt and Equity Securities	0.48	5.52	1.36	1.12	-	-
Other Intangible Assets	2.02	2.24	2.57	1.69	0.77	0.89
Restricted Cash	0.04	0.04	6.03	-	3.3	3.3
Other Current Assets	5.42	7.45	10.14	8.31	8.98	14.87
Deferred Long-Term Tax Assets	5.2	2.64	2.04	1.38	0.75	1.59
Other Long-Term Assets	-	25.28	40.16	36.34	146.47	-
Total Assets	2,649	2,665	2,934	2,831	3,160	3,288
Current Portion of Long-Term Debt	262.7	239	187.84	103.93	114.34	172.78
Current Portion of Leases	26.82	27.68	29.21	33.92	24.81	24.07
Long-Term Debt	573.32	574.42	691.59	629.38	632.07	454.62
Long-Term Leases	150.71	166.18	185.66	124.88	130.23	147.91
Accounts Payable	15.23	17.5	3.99	3.2	3.29	4.48
Accrued Expenses	25.04	24.96	31.36	14.67	13.84	16
Current Income Taxes Payable	35.41	32.75	27.88	22.12	21.62	27.11
Current Unearned Revenue	107.95	87.23	69.21	51.16	61.38	46.06
Other Current Liabilities	121.61	122.89	97.81	106.3	78.13	66.57
Long-Term Unearned Revenue	-	-	-	-	-	2.21
Long-Term Deferred Tax Liabilities	172.37	183.49	235.69	263.79	325.47	407.21
Other Long-Term Liabilities	14.2	15.85	37.31	57.02	32.69	22.11
Total Liabilities	1,505	1,492	1,599	1,415	1,438	1,394
Common Stock	13.35	13.35	13.41	13.41	13.41	13.41
Additional Paid-In Capital	271.77	271.77	271.77	271.77	271.77	271.77
Retained Earnings	804.17	833.25	995.57	1,076	1,244	1,422
Comprehensive Income & Other	56.7	56.7	57.04	56.89	190.97	190.94
Total Common Equity	1,146	1,175	1,338	1,418	1,720	1,898
Minority Interest	-1.9	-1.86	-2.05	-1.82	1.82	-3.34
Shareholders' Equity	1,144	1,173	1,336	1,416	1,722	1,894
Total Liabilities & Equity	2,649	2,665	2,934	2,831	3,160	3,288
Total Debt	1,014	1,007	1,095	897.14	901.45	802.38
Net Cash (Debt)	-359.01	-424.78	-582.29	-582.66	-651.76	-619.89
Net Cash Per Share	-0.24	-0.28	-0.39	-0.39	-0.43	-0.41
Filing Date Shares Outstanding	1,493	1,493	1,500	1,500	1,500	1,500
Total Common Shares Outstanding	1,493	1,493	1,500	1,500	1,500	1,500
Book Value Per Share	0.77	0.79	0.89	0.95	1.15	1.27
Tangible Book Value	1,144	1,173	1,335	1,416	1,720	1,897
Tangible Book Value Per Share	0.77	0.79	0.89	0.94	1.15	1.26

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