Greentown China 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	59,160	68,862	69,758	66,312	68,376
Trading Asset Securities	-	-	42.32	126.43	76.03
Cash & Short-Term Investments	59,160	68,862	69,801	66,439	68,452
Cash Growth	-14.09%	-1.34%	5.06%	-2.94%	14.95%
Accounts Receivable	5,791	6,949	5,851	9,582	16,331
Other Receivables	72,622	85,937	77,171	76,537	37,429
Receivables	78,412	92,887	83,022	86,119	72,449
Inventory	214,823	252,016	286,513	284,678	285,057
Prepaid Expenses	7,339	8,341	8,657	8,242	7,952
Other Current Assets	14,703	15,585	15,734	16,894	24,344
Total Current Assets	374,437	437,691	463,725	462,371	458,254
Property, Plant & Equipment	12,677	12,041	11,906	10,590	11,166
Long-Term Investments	37,940	37,439	41,418	44,940	39,022
Goodwill	981.76	981.76	981.76	981.76	769.24
Other Intangible Assets	270.22	456.54	571.21	588.3	139.27
Long-Term Deferred Tax Assets	11,243	8,448	6,120	6,177	4,757
Other Long-Term Assets	12,312	10,728	10,814	9,429	6,936
Total Assets	449,861	507,785	535,537	535,077	521,044
Accounts Payable	42,104	58,938	58,424	65,401	60,258
Accrued Expenses	11,124	23,723	25,213	30,935	34,917
Short-Term Debt	-	6,453	9,658	8,976	6,164
Current Portion of Long-Term Debt	24,744	31,663	32,547	26,906	32,053
Current Portion of Leases	38.11	53.82	94.83	76.96	53.9
Current Income Taxes Payable	8,275	8,061	8,037	10,515	10,189
Current Unearned Revenue	109,018	146,959	159,813	147,850	148,888
Other Current Liabilities	38,201	9,654	9,462	14,093	19,867
Total Current Liabilities	233,503	285,505	303,248	304,754	312,390
Long-Term Debt	108,641	105,524	113,595	113,215	95,406
Long-Term Leases	424.92	455	487.83	376.9	416.58
Long-Term Deferred Tax Liabilities	1,497	2,817	4,149	5,229	5,185
Other Long-Term Liabilities	80.38	-	122.21	88.87	-
Total Liabilities	344,147	394,301	421,602	423,664	413,398
Common Stock	243.18	242.68	242.48	242.48	239.78
Additional Paid-In Capital	-	11,817	11,789	11,787	11,445
Retained Earnings	-	27,465	26,957	25,131	23,589
Treasury Stock	-	-	-53.2	-	-
Comprehensive Income & Other	34,941	-3,197	-2,805	389.17	10,164
Total Common Equity	35,184	36,328	36,130	37,551	45,438
Minority Interest	70,530	77,157	77,805	73,862	62,208
Shareholders' Equity	105,714	113,484	113,935	111,413	107,646
Total Liabilities & Equity	449,861	507,785	535,537	535,077	521,044
Total Debt	133,849	144,148	156,383	149,551	134,093
Net Cash (Debt)	-74,688	-75,287	-86,582	-83,112	-65,642
Net Cash Per Share	-29.41	-29.73	-34.19	-32.77	-26.24
Filing Date Shares Outstanding	2,540	2,534	2,532	2,532	2,500
Total Common Shares Outstanding	2,540	2,534	2,532	2,532	2,500
Working Capital	140,934	152,186	160,477	157,617	145,865
Book Value Per Share	13.85	14.33	14.27	14.23	13.87
Tangible Book Value	33,932	34,889	34,577	35,981	44,529
Tangible Book Value Per Share	13.36	13.77	13.66	13.61	13.51
Land	-	-	-	2,171	2,149
Buildings	-	13,653	13,346	8,788	8,182
Machinery	-	834.13	919.73	890.44	887.43
Construction In Progress	-	595.91	375.44	1,033	1,847
Leasehold Improvements	-	468.02	439.69	428.76	380.05

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