JST Group Corporation 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	730.83	1,085	897.33	426.66
Short-Term Investments	6.82	6.71	6.72	156.77
Trading Asset Securities	-	-	-	6.5
Cash & Short-Term Investments	737.65	1,092	904.05	589.93
Cash Growth	25.04%	20.79%	53.25%	-
Accounts Receivable	5.64	5.11	4.35	2.7
Other Receivables	220.15	173.48	82.92	88.99
Receivables	225.79	178.59	87.27	91.69
Inventory	0.32	0.52	0.47	0.35
Prepaid Expenses	58.15	50.53	16.18	7.02
Restricted Cash	-	100	-	-
Other Current Assets	158.6	158.2	141.11	96.8
Total Current Assets	1,181	1,580	1,149	785.79
Property, Plant & Equipment	12.96	18.98	31.96	19.69
Long-Term Investments	277.2	205.99	231.31	350.84
Other Intangible Assets	3.17	4.04	5.67	7.16
Long-Term Deferred Tax Assets	91.2	90.38	-	-
Long-Term Deferred Charges	264.47	258.52	248.71	227.47
Other Long-Term Assets	51.4	57.6	76.38	67.57
Total Assets	1,881	2,215	1,743	1,459
Accounts Payable	1.02	1.26	1.3	1.09
Accrued Expenses	268.79	726.08	640.22	465.27
Current Portion of Long-Term Debt	2,675	3,144	3,128	-
Current Portion of Leases	11.26	9.32	11.78	7.8
Current Unearned Revenue	855.27	795.07	624.96	530.38
Other Current Liabilities	498.21	22.43	13.21	8.25
Total Current Liabilities	4,310	4,698	4,419	1,013
Long-Term Leases	1.93	6.86	17.44	2.31
Long-Term Unearned Revenue	1,252	1,160	979.53	755.76
Other Long-Term Liabilities	-	-	-	1,201
Total Liabilities	5,564	5,865	5,416	2,972
Common Stock	0	0	0	3.81
Additional Paid-In Capital	2,480	2,480	2,480	-
Retained Earnings	-2,102	-2,060	-2,073	-1,586
Comprehensive Income & Other	-4,055	-4,060	-4,074	72.32
Total Common Equity	-3,677	-3,641	-3,667	-1,510
Minority Interest	-6.61	-8.21	-6.64	-3.17
Shareholders' Equity	-3,683	-3,649	-3,673	-1,513
Total Liabilities & Equity	1,881	2,215	1,743	1,459
Total Debt	2,688	3,160	3,157	10.12
Net Cash (Debt)	-1,951	-2,068	-2,253	579.82
Net Cash Per Share	-1094.84	-1160.66	-1264.47	325.41
Filing Date Shares Outstanding	426.04	2.01	1.78	1.78
Total Common Shares Outstanding	2.01	2.01	1.78	1.78
Working Capital	-3,129	-3,118	-3,270	-227
Book Value Per Share	-1825.85	-1808.34	-2057.77	-847.39
Tangible Book Value	-3,680	-3,645	-3,672	-1,517
Tangible Book Value Per Share	-1827.42	-1810.35	-2060.95	-851.40
Machinery	6.89	7.09	7.66	9.01
Leasehold Improvements	17.4	17.38	16.93	16.88

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