CITIC Niya Wine Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	69.54	77.53	95.32	115.84	88.01	144.99
Cash & Short-Term Investments	69.54	77.53	95.32	115.84	88.01	144.99
Cash Growth	-29.28%	-18.67%	-17.71%	31.63%	-39.30%	131.56%
Accounts Receivable	41.78	35.1	41.45	36.12	32.26	49.74
Other Receivables	1.06	1.05	2.21	1.11	1.26	14.96
Receivables	42.84	36.15	43.65	37.23	33.53	64.71
Inventory	934.27	934.95	896.9	850.87	816.49	1,622
Prepaid Expenses	-	-	3.15	0	-	0.35
Other Current Assets	15.33	13.97	8.55	11.95	12.89	39.8
Total Current Assets	1,062	1,063	1,048	1,016	950.91	1,872
Property, Plant & Equipment	94.64	94.63	121.63	134.49	137.19	151.59
Long-Term Investments	193.56	193.56	195.46	195.46	205.08	206.36
Other Intangible Assets	13.12	15.31	24.22	34.53	44.35	54.35
Long-Term Deferred Tax Assets	4.48	4.1	4.19	-	-	-
Long-Term Deferred Charges	0.8	0.84	0.76	0.89	4.48	10.18
Other Long-Term Assets	51.58	55.1	40.35	37.81	38.76	46.84
Total Assets	1,420	1,426	1,434	1,419	1,381	2,341
Accounts Payable	37.61	47.51	33.19	71.75	32.64	54.32
Accrued Expenses	12.5	13	22.21	32.55	30.65	27.51
Short-Term Debt	30.03	30.03	40.06	-	-	-
Current Portion of Long-Term Debt	0.34	0.34	-	-	-	-
Current Portion of Leases	-	-	0.31	-	17.14	34.68
Current Income Taxes Payable	11.4	13.03	5.23	5.26	5.83	6.4
Current Unearned Revenue	43.31	47.09	32.94	25.78	14.95	14.03
Other Current Liabilities	39.45	35.05	32.31	29.54	40.93	39.43
Total Current Liabilities	174.65	186.05	166.25	164.88	142.14	176.38
Long-Term Leases	0.77	0.76	1.09	-	-	7.48
Long-Term Unearned Revenue	23.89	23.99	24.78	28.58	17.71	11.64
Other Long-Term Liabilities	-	-	0.45	0.45	-	-
Total Liabilities	199.31	210.8	192.57	193.9	159.85	195.51
Common Stock	1,124	1,124	1,124	1,124	1,124	1,124
Additional Paid-In Capital	2,681	2,681	2,681	2,681	2,681	2,681
Retained Earnings	-2,533	-2,538	-2,512	-2,529	-2,533	-1,647
Comprehensive Income & Other	1.01	1.03	1.14	1.41	1.82	-
Total Common Equity	1,273	1,268	1,294	1,278	1,274	2,159
Minority Interest	-52.3	-52.41	-52.32	-52.4	-53.38	-12.96
Shareholders' Equity	1,221	1,215	1,242	1,225	1,221	2,146
Total Liabilities & Equity	1,420	1,426	1,434	1,419	1,381	2,341
Total Debt	31.14	31.12	41.46	-	17.14	42.16
Net Cash (Debt)	38.41	46.4	53.87	115.84	70.87	102.83
Net Cash Growth	-32.46%	-13.86%	-53.50%	63.46%	-31.08%	64.22%
Net Cash Per Share	0.03	0.04	0.05	0.10	0.06	0.12
Filing Date Shares Outstanding	1,133	10.57	1,124	1,124	1,124	1,124
Total Common Shares Outstanding	1,133	10.57	1,124	1,124	1,124	1,124
Working Capital	887.34	876.55	881.33	851.01	808.77	1,695
Book Value Per Share	1.12	119.98	1.15	1.14	1.13	1.92
Tangible Book Value	1,260	1,252	1,270	1,243	1,230	2,104
Tangible Book Value Per Share	1.11	118.53	1.13	1.11	1.09	1.87
Buildings	-	-	327.13	331.21	333.32	321.9
Machinery	-	-	244.9	256.8	238.05	242.76
Construction In Progress	-	-	1.35	0.07	0.02	-

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