China Youran Dairy Group 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	1,197	829.31	3,936	936.36	1,015
Short-Term Investments	715.95	785.36	552.36	515.9	612.16
Trading Asset Securities	54.63	53.06	-	1,919	-
Cash & Short-Term Investments	1,968	1,668	4,488	3,372	1,627
Cash Growth	17.99%	-62.84%	33.12%	107.17%	-37.86%
Accounts Receivable	2,031	2,047	1,899	2,237	1,992
Other Receivables	8.17	32.4	47.09	96.08	17.89
Receivables	2,039	2,080	1,946	2,333	2,010
Inventory	4,001	4,311	4,505	4,693	3,326
Other Current Assets	701.42	297.48	467.6	1,172	490.91
Total Current Assets	8,709	8,356	11,406	11,569	7,454
Property, Plant & Equipment	17,445	33,490	32,523	28,643	22,727
Long-Term Investments	813.37	907.17	1,070	1,189	25.31
Goodwill	672.01	672.01	672.01	792.98	792.98
Other Intangible Assets	22.96	26.54	25.18	23.16	4.28
Long-Term Accounts Receivable	-	0.3	5.26	-	-
Long-Term Deferred Tax Assets	53.5	46.78	35.39	24.35	17.75
Other Long-Term Assets	14,655	157.87	462.32	1,205	940.57
Total Assets	42,371	43,657	46,200	43,446	31,962
Accounts Payable	2,350	2,428	2,192	2,736	1,880
Accrued Expenses	701.48	632	562.66	462.33	377.7
Current Portion of Long-Term Debt	16,083	16,709	16,433	15,034	7,819
Current Portion of Leases	300.01	248.41	220.79	131.6	51.01
Current Income Taxes Payable	16.67	26.79	27.14	32.73	29.74
Current Unearned Revenue	27.4	30.33	31.23	41.9	41.09
Other Current Liabilities	842	1,035	1,447	1,458	1,108
Total Current Liabilities	20,321	21,110	20,915	19,896	11,308
Long-Term Debt	7,328	7,547	9,827	6,731	4,044
Long-Term Leases	1,944	1,988	1,602	1,425	1,266
Long-Term Unearned Revenue	898.11	814.9	728.21	619.51	434.05
Long-Term Deferred Tax Liabilities	10.7	11.45	7.29	6.19	6.43
Other Long-Term Liabilities	26.25	25.31	22.54	16.43	22.93
Total Liabilities	30,529	31,497	33,101	28,695	17,082
Common Stock	0.26	0.26	0.25	0.25	0.25
Additional Paid-In Capital	-	7,407	7,266	7,349	7,342
Retained Earnings	-	3,278	3,969	5,019	4,605
Comprehensive Income & Other	10,980	609.81	595.51	695.06	1,234
Total Common Equity	10,980	11,295	11,831	13,064	13,181
Minority Interest	861.67	864.51	1,268	1,687	1,699
Shareholders' Equity	11,842	12,160	13,099	14,751	14,880
Total Liabilities & Equity	42,371	43,657	46,200	43,446	31,962
Total Debt	25,656	26,493	28,082	23,322	13,181
Net Cash (Debt)	-23,688	-24,825	-23,594	-19,951	-11,553
Net Cash Per Share	-6.09	-6.46	-6.22	-5.26	-3.24
Filing Date Shares Outstanding	3,893	3,893	3,795	3,795	3,795
Total Common Shares Outstanding	3,893	3,893	3,795	3,795	3,795
Working Capital	-11,613	-12,754	-9,508	-8,327	-3,854
Book Value Per Share	2.82	2.90	3.12	3.44	3.47
Tangible Book Value	10,285	10,597	11,134	12,248	12,384
Tangible Book Value Per Share	2.64	2.72	2.93	3.23	3.26
Buildings	-	14,241	12,817	9,570	7,436
Machinery	-	4,845	4,018	3,019	2,325
Construction In Progress	-	585.22	1,858	3,032	2,341
Leasehold Improvements	-	13.23	13.23	13.19	12.91

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