JINGDONG Industrials 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	6,217	8,372	5,489	12.34
Short-Term Investments	8,154	2,001	3,552	-
Trading Asset Securities	100.2	-	-	-
Cash & Short-Term Investments	14,471	10,373	9,041	12.34
Cash Growth	39.51%	14.73%	73143.58%	-
Accounts Receivable	276.56	109.64	73.03	45.45
Other Receivables	-	2,109	1,166	6,321
Receivables	276.56	2,219	1,239	6,367
Inventory	1,692	896.86	510.51	606.99
Prepaid Expenses	1,682	0.54	0.14	0.25
Restricted Cash	27.17	9.04	14.27	-
Other Current Assets	-	58.05	67.28	49.3
Total Current Assets	18,148	13,556	10,873	7,036
Property, Plant & Equipment	20.56	13.07	13.28	18.7
Long-Term Investments	525.8	553.55	712.85	791.21
Goodwill	417.83	417.83	417.83	417.83
Other Intangible Assets	20.5	27.68	34.91	42.06
Long-Term Deferred Tax Assets	106.1	84.11	26.74	-
Other Long-Term Assets	13.05	4.78	3.4	1.1
Total Assets	19,252	14,657	12,082	8,307
Accounts Payable	6,477	5,109	3,792	2,390
Accrued Expenses	1,155	340.24	194.41	265.22
Current Portion of Long-Term Debt	-	7,664	7,504	5,622
Current Portion of Leases	2.95	1.12	5.49	5.2
Current Income Taxes Payable	164.29	141.23	86.86	49.86
Current Unearned Revenue	233.9	238.34	228.49	353.84
Other Current Liabilities	-	668.64	602.52	353.99
Total Current Liabilities	8,033	14,162	12,413	9,040
Long-Term Leases	4.56	1.04	2.61	6.36
Long-Term Deferred Tax Liabilities	5.02	6.69	8.35	10.02
Total Liabilities	8,043	14,170	12,424	9,056
Common Stock	0.01	0.01	0.01	0.01
Additional Paid-In Capital	-	1,188	1,188	255.53
Retained Earnings	531.23	-1,757	-2,467	-2,442
Comprehensive Income & Other	10,678	1,055	936.43	1,437
Shareholders' Equity	11,209	486.99	-342.49	-749.39
Total Liabilities & Equity	19,252	14,657	12,082	8,307
Total Debt	7.51	7,666	7,512	5,633
Net Cash (Debt)	14,463	2,707	1,529	-5,621
Net Cash Growth	434.30%	77.02%	-	-
Net Cash Per Share	2.25	1.09	0.77	-3.33
Filing Date Shares Outstanding	2,095	2,037	1,968	1,686
Total Common Shares Outstanding	2,095	2,037	1,968	1,686
Working Capital	10,115	-606.31	-1,541	-2,004
Book Value Per Share	5.35	0.24	-0.17	-0.44
Tangible Book Value	10,771	41.48	-795.23	-1,209
Tangible Book Value Per Share	5.14	0.02	-0.40	-0.72
Machinery	-	15.49	13.16	12.22
Leasehold Improvements	-	5.63	4.64	4.39

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