Changjiu 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	320.88	372.27	134.23	119.34	1.53
Short-Term Investments	0.53	0.36	0.57	0.29	1.1
Trading Asset Securities	-	27.02	-	-	-
Cash & Short-Term Investments	321.41	399.65	134.8	119.63	2.64
Cash Growth	-19.58%	196.49%	12.68%	4438.24%	199.54%
Accounts Receivable	263.97	198.58	159.88	101.31	59.86
Other Receivables	31.75	11.85	13.82	25.18	139.39
Receivables	295.72	210.42	173.7	126.49	204.05
Inventory	308.04	-	-	-	-
Prepaid Expenses	4.29	4.13	8.87	0.61	0.01
Restricted Cash	7.53	-	-	-	-
Other Current Assets	0.34	0.73	-	0.9	-
Total Current Assets	937.33	614.93	317.36	247.62	206.7
Property, Plant & Equipment	11.05	2.92	9.78	8.62	7.68
Other Intangible Assets	12.79	9.64	8.21	3.41	4.2
Long-Term Deferred Tax Assets	0.54	0.4	0.57	1.51	0.33
Total Assets	961.71	627.89	335.92	261.16	218.92
Accounts Payable	48.68	29.67	30.9	29.81	26.77
Accrued Expenses	28.11	23.88	26.13	25.38	22.99
Short-Term Debt	259.44	-	20	75	50
Current Portion of Leases	7.58	0.01	7.22	6.35	2.33
Current Income Taxes Payable	10.92	10.17	7.77	22.18	3.71
Current Unearned Revenue	57.45	29.55	43.4	58.92	69.43
Other Current Liabilities	36.8	39.04	58.5	31.33	25.12
Total Current Liabilities	448.99	132.32	193.92	248.98	200.35
Long-Term Leases	-	-	0.08	0.06	2.36
Total Liabilities	448.99	132.32	194	249.04	202.71
Common Stock	0	0	0	0	0
Retained Earnings	-	275.82	114.41	12.09	-83.79
Treasury Stock	-1.12	-4.33	-4.33	-	-
Comprehensive Income & Other	513.84	224.07	31.83	0.04	100
Shareholders' Equity	512.72	495.56	141.91	12.13	16.21
Total Liabilities & Equity	961.71	627.89	335.92	261.16	218.92
Total Debt	267.03	0.01	27.31	81.42	54.69
Net Cash (Debt)	54.39	399.64	107.49	38.21	-52.06
Net Cash Growth	-86.39%	271.80%	181.30%	-	-
Net Cash Per Share	0.27	1.98	0.72	0.25	-0.35
Filing Date Shares Outstanding	202.93	201.35	200.54	-	150
Total Common Shares Outstanding	202.93	201.35	150	-	150
Working Capital	488.34	482.61	123.44	-1.35	6.36
Book Value Per Share	2.53	2.46	0.95	-	0.11
Tangible Book Value	499.93	485.92	133.7	8.71	12.01
Tangible Book Value Per Share	2.46	2.41	0.89	-	0.08
Machinery	-	28.17	27.31	26.26	25.23

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