Xinji Shaxi 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
Property, Plant & Equipment	1,856	1,977	2,296	2,404	2,645
Cash & Equivalents	693.74	582.5	513.01	314.48	249.69
Accounts Receivable	54.47	48.11	54.88	43.88	8.44
Other Receivables	37.58	14.31	8.37	20.1	96.91
Investment In Debt and Equity Securities	0.49	5.52	1.36	1.12	-
Other Intangible Assets	1.81	2.24	2.57	1.69	0.77
Restricted Cash	3.45	0.04	6.03	-	3.3
Other Current Assets	8.22	7.45	10.14	8.31	8.98
Deferred Long-Term Tax Assets	3.31	2.64	2.04	1.38	0.75
Other Long-Term Assets	-	25.28	40.16	36.34	146.47
Total Assets	2,659	2,665	2,934	2,831	3,160
Current Portion of Long-Term Debt	495.03	239	187.84	103.93	114.34
Current Portion of Leases	18.13	27.68	29.21	33.92	24.81
Long-Term Debt	335.41	574.42	691.59	629.38	632.07
Long-Term Leases	150.37	166.18	185.66	124.88	130.23
Accounts Payable	11.86	17.5	3.99	3.2	3.29
Accrued Expenses	30.4	24.96	31.36	14.67	13.84
Current Income Taxes Payable	36.99	32.75	27.88	22.12	21.62
Current Unearned Revenue	123.55	87.23	69.21	51.16	61.38
Other Current Liabilities	136.02	122.89	97.81	106.3	78.13
Long-Term Deferred Tax Liabilities	172.66	183.49	235.69	263.79	325.47
Other Long-Term Liabilities	3.42	15.85	37.31	57.02	32.69
Total Liabilities	1,514	1,492	1,599	1,415	1,438
Common Stock	285.12	13.35	13.41	13.41	13.41
Additional Paid-In Capital	-	271.77	271.77	271.77	271.77
Retained Earnings	805.57	833.25	995.57	1,076	1,244
Comprehensive Income & Other	56.7	56.7	57.04	56.89	190.97
Total Common Equity	1,147	1,175	1,338	1,418	1,720
Minority Interest	-1.94	-1.86	-2.05	-1.82	1.82
Shareholders' Equity	1,145	1,173	1,336	1,416	1,722
Total Liabilities & Equity	2,659	2,665	2,934	2,831	3,160
Total Debt	998.94	1,007	1,095	897.14	901.45
Net Cash (Debt)	-305.2	-424.78	-582.29	-582.66	-651.76
Net Cash Per Share	-0.20	-0.28	-0.39	-0.39	-0.43
Filing Date Shares Outstanding	1,493	1,493	1,500	1,500	1,500
Total Common Shares Outstanding	1,493	1,493	1,500	1,500	1,500
Book Value Per Share	0.77	0.79	0.89	0.95	1.15
Tangible Book Value	1,146	1,173	1,335	1,416	1,720
Tangible Book Value Per Share	0.77	0.79	0.89	0.94	1.15

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