KWG Living Group 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	1,219	1,146	1,443	1,848	1,234
Short-Term Investments	-	-	-	-	28.08
Cash & Short-Term Investments	1,219	1,146	1,443	1,848	1,262
Cash Growth	6.43%	-20.60%	-21.90%	46.43%	-57.57%
Accounts Receivable	2,742	2,784	2,441	2,052	1,062
Other Receivables	-	293.06	328.3	235.28	272.73
Receivables	2,742	3,077	2,770	2,288	1,335
Prepaid Expenses	696.24	383.18	377.05	124.31	65.59
Restricted Cash	60.56	62.48	6.32	19.41	7.19
Other Current Assets	-	18.71	46.66	105.26	30.71
Total Current Assets	4,718	4,687	4,642	4,384	2,700
Property, Plant & Equipment	27.12	60.1	78.89	102.68	16.13
Long-Term Investments	36.67	19.17	15.12	10.22	28.02
Goodwill	630.12	713.9	1,344	1,600	699.78
Other Intangible Assets	317.87	383.36	570.41	698.58	223.35
Long-Term Deferred Tax Assets	239.77	313.88	230.86	141.24	18.87
Other Long-Term Assets	6.11	7.43	12.72	8.03	1,316
Total Assets	5,976	6,185	6,894	6,945	5,002
Accounts Payable	684.73	609.03	534.76	575.37	245.83
Accrued Expenses	-	479.28	565.55	717.18	344.66
Short-Term Debt	-	20.57	39.7	-	-
Current Portion of Long-Term Debt	140.36	105.72	108.32	174.24	-
Current Portion of Leases	6.58	2.43	3.62	8.57	6.14
Current Income Taxes Payable	542.46	494.79	421.1	367.04	213.47
Current Unearned Revenue	291.33	269.12	258.81	225.95	101.97
Other Current Liabilities	1,159	567.59	620.7	891.96	518.48
Total Current Liabilities	2,825	2,549	2,553	2,960	1,431
Long-Term Debt	273.98	397.83	488.99	377.31	-
Long-Term Leases	6.03	3.5	3.14	6.22	1.39
Long-Term Deferred Tax Liabilities	77.99	92.56	140.26	172.34	54.25
Total Liabilities	3,183	3,042	3,185	3,516	1,486
Common Stock	17.57	17.57	17.57	17.57	17.49
Additional Paid-In Capital	-	2,189	2,189	2,189	2,415
Retained Earnings	-	637.07	1,209	1,179	1,176
Comprehensive Income & Other	2,487	-5.68	-20.92	-244.46	-141.62
Total Common Equity	2,505	2,838	3,395	3,142	3,467
Minority Interest	288.69	303.7	313.94	286.91	49.38
Shareholders' Equity	2,793	3,142	3,709	3,429	3,516
Total Liabilities & Equity	5,976	6,185	6,894	6,945	5,002
Total Debt	426.94	530.05	643.77	566.34	7.53
Net Cash (Debt)	792.31	615.57	799.12	1,281	1,254
Net Cash Growth	28.71%	-22.97%	-37.63%	2.15%	-57.72%
Net Cash Per Share	0.39	0.30	0.39	0.63	0.62
Filing Date Shares Outstanding	2,026	2,026	2,026	2,026	2,017
Total Common Shares Outstanding	2,026	2,026	2,026	2,026	2,017
Working Capital	1,894	2,138	2,090	1,424	1,269
Book Value Per Share	1.24	1.40	1.68	1.55	1.72
Tangible Book Value	1,557	1,741	1,481	843.29	2,543
Tangible Book Value Per Share	0.77	0.86	0.73	0.42	1.26
Buildings	-	1.42	1.72	1.84	0.54
Machinery	-	100.62	103.78	116.57	22.35

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.